Combined and Consolidated Financial Statements of Christel House International and its Affliates Breaking through the barriers of poverty requires tenacity and determination. It requires adherence to rigorous educational and business practices, high measures of accountability and complete transparency. Every learning center’s financial statements are audited internally and externally annually, and clean opinions were received from all centers in their most recently submitted audit.
2014 Combined Revenue: $21,503,000 Government $8,473,000 Corporations/Foundations $6,284,000 Founder* $4,524,000 Individuals/Board Members $1,379,000 CH Open/Events $642,000 Other $201,000
2014 Combined Operating Expenses: $21,361,000 Education & Other $15,360,000 Programs/Services Fundraising $2,258,000 Management & General $2,001,000 Health, Outreach $559,000 & Social Services Nutrition $1,183,000
39% 29% 21% 7% 3% 1%
72% 11% 9% 3% 5%
*2014 Founder contributions, plus earnings on previously contributed Founder restricted funds. Christel House International is a registered 501(c)(3) public charity, number 35-205-1932. Christel House learning centers are registered not-for-profit entities in their local countries. The Christel House Registration number with the Florida Department of Agriculture & Consumer Services is SC 10875. Financial data above is unaudited; when completed, audited financial statements will be available on our website.
a roadmap to success
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annual report 2014