WACAP World Association for Children and Parents

EIN: 910962079 501(c)(3)

Seattle, WA

Total Revenue
$2,053,471
Total Expenses
$2,642,929
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
WA
Phone
2065754550
Tax Period
2018-07-01 to 2019-06-30

WACAP World Association for Children and Parents, founded in 1976, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2018. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $2.6M exceeded revenue, resulting in a 29% operating deficit.

Mission

WACAP (World Association for Children and Parents) believes every child deserves a family. A leading child-humanitarian aid and adoption agency, WACAP is driven by the mission to serve orphans and vulnerable children without families. Knowing children grow best in families, WACAP supports their remaining with birth families and when that is not possible WACAP works to find each child an adoptive family. Since 1976, WACAP has placed over 10,000 children with loving adoptive parents. Many of these children have special needs, are older, have medical needs or siblings who are placed together. For every child adopted many more are left behind. WACAP goes beyond traditional adoption services to include child assistance and sponsorship. The agency has provided food, medical care, and education to over 200,000 children worldwide.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $508,670
Program Service Revenue $1,477,736
Investment Income $10,174
Other Revenue $56,891
TOTAL REVENUE $2,053,471

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,559,234
Fundraising Expenses $167,460
Program Expenses $2,030,150
Other Expenses $1,083,695
TOTAL EXPENSES $2,642,929

Year-over-Year Comparison

2018 2017 Change
Revenue $2,053,471 $2,958,892 -0.3%
Expenses $2,642,929 $3,188,430 -0.2%
Net Income $-589,458 $-229,538 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
50
Volunteers
49

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$127,371
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Skott Pope Vice Chair 1.00
Director
$0 $0 $0
Janna Annest Chairman 1.00
Director
$0 $0 $0
Uyen Nguyen Director 1.00
Director
$0 $0 $0
Bryan Hart Director 1.00
Director
$0 $0 $0
Kristin Kalning Director 2.00
Director
$0 $0 $0
Laura Templeton Secretary 1.00
Director
$0 $0 $0
Dave Janssen Treasurer 3.00
Director
$0 $0 $0
Samuel Sunderaraj Director 1.00
Director
$0 $0 $0
Lew Bequette Director 1.00
Director
$0 $0 $0
Matthew Tirman Director 1.00
Director
$0 $0 $0
Alanna Beebe Director 1.00
Director
$0 $0 $0
Phil Rosnik Prior chair 3.00
Director
$0 $0 $0
Rebecca Tenges Director 1.00
Director
$0 $0 $0
Laura McMillan Director 1.00
Director
$0 $0 $0
Michael Friedline Director 1.00
Director
$0 $0 $0
Greg Eubanks President & CEO 40.00
Officer
$127,371 $0 $127,371
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $2,053,471 $2,642,929 No data $-589,458
2018 $2,958,892 $3,188,430 $1,520,585 $-229,538
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