2009 Annual Report

Changing Children's Lives Forever 2009 Annual Report

...“For I assisted the poor in their need, and the orphans who required

help.”

— Job 29:12

Mei*—China This sweet little girl needs a family, but because she has a seizure disorder, it’s not easy to find the right family.

Many of Holt’s children have other medical conditions, are older or in sibling groups. We are committed to uniting these “waiting children” with families of their own.

Petch*—Thailand Petch’s mother struggled financially after the loss of her business and was planning on making Petch available for adoption. But since Holt provided her with clothes and baby supplies, she has been able to provide appropriate care for her precious son and plans to raise him herself. “The support from Holt has given me hope,” she says.

Shinshicho Clinic—Ethiopia Recently widowed, this mother now raises two very small, sick children all on her own.

The Holt-funded Shinshicho clinic is able to provide help and hope to families like these.

The woman and her baby, after receiving care at the clinic, both tested positive for HIV and are now receiving the care they desperately need.

Holt International is dedicated to carrying out God’s plan for every child to have a permanent, loving family.

Holt International߃2009 annual report

* names have been changed

into our hands

On a recent trip to India, I met a young girl in foster care who deeply touched my heart. Abandoned at a general hospital, Manasa was brought into care when she was only four days old. Today, as you can see in her beautiful smile, Manasa is a happy and cheerful girl who feels the love of her foster family and the benefits of living in a warm and safe home. As I held her in my arms and witnessed just how far she had come in three years, I felt a great sense of gratitude for the loving caretakers and the care that Holt provides children all over the world. Because of this profound love provided to Manasa, she will soon go home to her permanent family in the United States.

Manasa’s story is just one example of the care that Holt provides to orphaned, abandoned and vulnerable children. Whether it’s through our Child Sponsorship Program, family preservation projects or our devoted advocacy for children with special needs, Holt will always do everything in our power to make sure that children, like Manasa, are not forgotten.

In the following pages we include a brief summary of Holt’s 2009 achievements and finances. We focus our efforts on individual children and strive to find the best permanent home for each one. The statistics on the following pages are more than just numbers…they represent children whose lives are being changed forever.

These accomplishments would not have been possible had it not been for the continual prayers and support from generous donors, Holt adoptive families and our colleagues around the world who have so selflessly provided for the vulnerable children in our care. We had a lot to be grateful for in 2009. Just like the little girl I held at the orphanage in India, we will care for and nurture children until each one knows the love that only a permanent family can provide.

On behalf of Holt International and the children we serve, I thank you for making a difference in children’s lives.

You help us to ensure that children are loved, cared for and never forgotten.

Thank you, and God bless,

Kim S. Brown President & CEO

FROM THE PRESIDENT

Entrusted

Finding families for children... changed children’s lives forever 2009 Holt programs around the world

661

Children placed w ith adoptive families in thei r

bi

rth country (not including U. S. do mestic placements)

711

Children placed with U.S. adoptive families

Holt served 36,3 35 children through all programs in 20 09

CHILDREN & FAMILIES SERVED

Children who are older, have medical conditions, or are par t of a sibling group often wait to be adopted. 156 of these waiting children were placed with adoptive families.

5,157 41,642

Total accumul ated

number of children p laced by Holt w ith U.S . adoptive families, 1956 –20 09

Children helped

to have

g families permanent, lovin

on and through adopti er vation es pr birth family

A partnership for children The partnership between Holt and its supporters changes children’s lives. It also signifies our accountability for the effective use of

Statement of financial position December 31, 2009 (with Comparative Totals for December 31, 2008)

contributed funds. We strive to use our financial resources effectively and efficiently. Holt

ASSETS

undergoes an annual audit performed by an

Cash & Cash Equivalents

independent accounting firm. The follow-

Receivables

ing charts are based upon the report of Jones

USAID Grant Receivable

and Roth CPAs. A complete audit report is

Prepaid Expenses & Supplies

available and gladly provided upon request.

The downloadable version is also available on our website: holtinternational.org.

2009 expenses

2009

2008

$2,301,182

$1,967,378

1,044,683

1,107,334

49,833

34,388

444,837

550,841

Prepaid Support - Holt Children's Services, Korea

1,001,820

1,129,360

Investments

5,956,189

4,917,009

Land, Building, & Equipment, Net of Accumulated Depreciation

1,552,388

1,517,174

$12,350,932

$11,223,484

Accounts Payable & Accrued Expenses

$504,257

$606,940

International Program Support Payable

313,835

539,095

3,555,474

3,625,120

136,940

163,540

Total Assets

LIABILITIES

12.3% 9.4% 78.3%

Deferred Adoption Fee Revenue Deferred Transportation Fees Deferred Revenue - Other

1,000

6,000

95,764

112,233

204,891

131,840

4,812,161

5,184,768

Undesignated Net Assets

2,902,087

2,267,736

Board Designated Endowment

1,564,115

985,649

Temporarily Restricted Net Assets

974,418

759,690

2,098,151

2,025,641

7,538,771

6,038,716

$12,350,932

$11,223,484

Program Services

Deferred Compensation

Fundraising

Annuity Obligation

Management & General

Total Liabilities

NET ASSETS

Holt International's mission

Holt International is a Christian organization finding and supporting permanent, loving families for children who are orphaned, abandoned or separated from families, or at serious risk of separation. This work is an expression of God’s compassion for children. Holt is a global leader in providing services and advocating for the best interest of children, setting the highest ethical practices.

Holt International ߃ 2009 annual report

Unrestricted Net Assets:

Permanently Restricted Net Assets Total Net Assets

Total Liabilities & Net Assets

For the Year Ended December 31, 2009

(with Comparative Totals for the Year Ended December 31, 2008)

2009

2008

Unrestricted

Temporarily Restricted

Permanently Restricted

Total

Total

$1,576,719

$7,504,127

$72,510

$9,153,356

$8,261,982

528,278

-

-

528,278

726,106

USAID Grant, Guatemala

-

-

-

-

86,061

Other

-

357,037

-

357,037

777,422

REVENUES & OTHER SUPPORT Public Support: Contributions Grants Received: USAID Grant, Ukraine

Revenues: Adoption Fees Transportation Fees

11,594,872

-

-

11,594,872

10,568,851

384,260

-

-

384,260

403,570

Investment, Principally Interest

131,538

21,448

-

152,986

180,892

Tour Charges

354,620

-

-

354,620

275,921

Adoptee Services

145,030

-

-

145,030

127,467

Publication Sales, Net of Expenses of $40,053 in 2009 and $34,826 in 2008 Other Revenue

6,184

-

-

6,184

3,129

15,722

-

-

15,722

46,023

3,532

-

-

3,532

45

659,325

247,233

-

906,558

(1,697,714)

7,915,117

(7,915,117)

-

-

-

23,315,197

214,728

72,510

23,602,435

19,759,755

6,140,110

6,285,493

Gains: Gain on Sale of Assets Net Unrealized/Realized/Gains (Losses) on Investments Net Assets Released from Restrictions Total Revenues & Other Support

EXPENSES Program Services: U.S. Program

6,140,110

International Program

2,223,452

-

-

2,223,452

2,144,199

3,069,761

-

-

3,069,761

3,140,739

International Program Support: Holt Children's Services - Korea Other Total Program Services

5,863,317

-

-

5,863,317

5,134,858

17,296,640

-

-

17,296,640

16,705,289

2,070,851

-

-

2,070,851

2,172,736

Supporting Services: Management & General Fundraising Total Supporting Services Total Expenses

2,734,889

-

-

2,734,889

2,355,738

4,805,740

-

-

4,805,740

4,528,474

22,102,380

-

-

22,102,380

21,233,763

CHANGE IN NET ASSETS

1,212,817

214,728

72,510

1,500,055

(1,474,008)

Net Assets, Beginning of Year

3,253,385

759,690

2,025,641

6,038,716

7,512,724

$4,466,202

$974,418

$2,098,151

$7,538,771

$6,038,716

Net Assets, End of Year

Hague Accredited

HAGUE

ACCREDITED

&281&,/ 21 $&&5(',7$7,21

)281'('

2009 FINANCIALS

Statement of activities

“Every child deserves a home...�

Harry Holt, Founder, Holt International

PO Box 2880

|

Eug ene, OR 97402

|

www.holtinternational.org