Celebrity Foundation for Children meets the 20 Standards for Charity Accountability.
Celebrity Foundation for Children (CFC) manages a ranch which caters to underprivileged, foster children and other deserving individuals. The ranch operates an animal zoo, a fruit orchard, a chapel where children can think, contemplate and reflect on their ranch experience, and an equestrian center.
For the year ended December 31, 2018, Celebrity Foundation for Children's program expenses were:
Program services |
$554,147 |
Total Program Expenses: |
$554,147 |
*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. The organization reports that no one is compensated.
Method(s) Used:
Internet, Invitations to fund raising events, Telephone appeals
Fundraising costs were less than 1% of related contributions. (Related contributions, which totaled $283,668, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Celebrity Foundation for Children's Unaudited financial statements for the year ended December 31, 2018.
Source of Funds |
Contributions |
$283,668 |
Dividend income |
$69,231 |
Other income |
$3,073 |
Loss on securities sales |
($35,927) |
Total Income |
$320,045 |
- Programs: 91%
- Administrative: 9%
- Fundraising: Less than 1%
Total Income |
$320,045 |
Program expenses |
$554,147 |
Fundraising expenses |
$1,636 |
Administrative expenses |
$55,921 |
Other expenses |
$0 |
Total expenses: |
$611,704 |
Income in Excess of Expenses |
$-291,659 |
Beginning Net Assets |
$3,287,633 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$2,584,650 |
Total Liabilities |
$19,678 |
Total Assets |
$2,604,328 |