Finances

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I wonder exactly what oversight they have after they throw the donated money over seas? Probably not much. Everyone should look into the taxes of all non-profits, biggest scams in the world. Thi is off 10 minutes of looking.
Last year:
Revenue 800,169,932
Donated to foreign countries: 536,525,394=67.05%
Spent on company: 263,644,538=32.95%

Ceo 330,000
Travel 16,500,000
Hotel 5,000,000
Salaries 97,932,949
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James

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Posted 11 months ago

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Shannon Massey, Employee

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Good morning James,

Thank you for taking the time to bring your concerns to us. We truly appreciate your heart behind this post, as I can see that your true concern is knowing that your donations are used correctly for the cause.

Please know that we cannot speak in regards to other charities or non-profits, but only for ourselves and our mission. Compassion has established a statement of stewardship that says the following: “The ministry of Compassion belongs to the children, our Implementing Church Partners, our sponsors and donors,our Supporting Church Partners and ultimately to God. Therefore, we protect, develop, and deploy all of our resources (people, time, money, knowledge, reputation and materials) with great care and wisdom.” 

In order to develop quality staff at Compassion while at the same time managing our financial resources with great care and wisdom, we 
seek to offer competitive salaries for all positions necessary to successfully execute Compassion’s mission statement. Also, please note that our leaders are faithful sponsors and donors as well, and personally and financially support the ministry.

Compassion's 2014-2015 990 form shows our CEO, Santiago “Jimmy” Mellado’s reportable compensation from the ministry as $296,044, which is well below other ministries within this same field. We usually compare our CEO's compensation to World Vision’s President, who has a reportable compensation from their organization as $447,500, because they are an organization of comparable size and mission.

Compassion publishes all of our annual reports,Forms 990, and audited financial statements for public inspection on our website, here and we encourage our sponsors to review those.

I see that you pulled a few numbers from our 990 above to show your concern. The only issue here is that the numbers used show overall finances for Compassion as a whole, rather than Child Development Program funding. Compassion is committed to investing at least 80 percent of every dollar given by donors into caring for the children in our child development programs. In fact, this past year 80.7 percent of expenses went to programs that directly support our mission of releasing children from poverty, in Jesus’name. The numbers used showed overall income, which in addition to donations includes grants and all program revenue. There is a lot that goes into the financial side of running a non-profit that goes beyond just taking donations and sending them to the right cause. Our commitment to helping these children is more than just donations, but rather establishing a program that can truly shape these sweet children into strong adults who are empowered to change their communities. We feel strongly that in order to do this we must also have well equipped staff.

I hope that this is helpful in understanding that Compassion is committed to serving our children, sponsors, and donors, and that we do so with integrity for the Glory of God.
(Edited)

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