Sleeping Children Around the World
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A+
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Low
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
94%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 94 cents are available for programs.
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Programs
About Sleeping Children Around the World:
Founded in 1970, Sleeping Children Around the World (SCAW) aims to improve the health and well-being of children in impoverished areas in developing countries. The charity distributes bed kits to children aged 6 to 12. SCAW states that bed kits are manufactured in the country they will be later distributed to. Each kit contains a mattress, pillow, sheet, blanket, mosquito net, clothes, towel, and school supplies – contents vary from country to country.
In F2018, SCAW spent $2.6m on purchasing and distributing 73,929 bed kits in 9 countries: Kenya, Sri Lanka, Bangladesh, India, Philippines, Togo, Tanzania, Honduras, and Uganda. Each bed kit cost $35.
Outcomes and Impact: From F2016 to F2018, SCAW distributed 66,429 insecticide-treated nets to children in Uganda, Tanzania, Kenya, and Togo, and 127,000 untreated nets to children in India, Bangladesh, Sri Lanka, the Philippines, and Honduras. Based on Unicef data regarding the protective effects of mosquito nets in preventing malaria, SCAW believes that the mosquito nets included in bed kits saved over 1,130 lives from 2016 to 2018.
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Finances
Sleeping Children Around the World is a medium-sized charity with total donations of $2.8m in F2018. Administrative costs are 5% of revenues and fundraising costs are 2% of donations. Per $1 donated to the charity, 94 cents go to the cause, which is within Ci’s reasonable range for overhead spending. However, SCAW's policy is to use the investment income from its founder's endowment to cover all administrative and fundraising costs. In F2018, overhead costs exceed investment income. This policy would reduce the overhead burden on donations. Please read charity's comments below.
Funding reserves of $5.2m can cover annual bed kit costs for 2 years.
This charity report is an update that is currently being reviewed by SCAW. Changes and comments may be forthcoming.
Updated on January 17, 2019 by Katie Khodawandi.
Financial Review
Fiscal year ending February
|
2018 | 2017 | 2016 |
|---|---|---|---|
| Administrative costs as % of revenues | 4.9% | 4.9% | 6.5% |
| Fundraising costs as % of donations | 1.6% | 1.7% | 2.2% |
| Program cost coverage (%) | 201.3% | 244.1% | 199.9% |
Summary Financial StatementsAll figures in $s |
2018 | 2017 | 2016 |
|---|---|---|---|
| Donations | 2,848,264 | 2,944,842 | 2,351,216 |
| Business activities (net) | 1,420 | 2,555 | 1,460 |
| Investment income | 114,093 | 76,638 | 108,669 |
| Total revenues | 2,963,777 | 3,024,035 | 2,461,345 |
| Program costs | 2,587,500 | 2,065,000 | 2,135,000 |
| Administrative costs | 138,707 | 145,743 | 153,663 |
| Fundraising costs | 45,997 | 51,355 | 51,541 |
| Cash flow from operations | 191,573 | 761,937 | 121,141 |
| Funding reserves | 5,209,744 | 5,040,164 | 4,268,425 |
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
1 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2017
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Comments & Contact
Comments added by the Charity:
Sleeping Children has a unique financial structure thanks to the vision and generosity of its founders, Murray and Margaret Dryden, and its almost total reliance on volunteers. Murray donated his home, and set up a Legacy / Endowment to generate income to pay administrative expenses. This structure guarantees that donations for bedkits go 100% to children in need. The charity partners with trusted overseas organizations like Rotary Clubs. Every bedkit item is sourced locally and many are manufactured in the host country, generating local economic benefits. Sleeping Children volunteers verify that every bedkit is delivered to a child in need, and that 100% of funds were spent on bedkit items. Funding Reserves at February 28, 2018 consist of:
$ Reserves
% of Total Reserves
Legacy / Endowment (to cover future administrative costs)
$4,151,482
76%
Bedkits
1,003,156
18%
Capital Assets
261,000
5%
Pinehurst Club (supports Legacy)
32,105
1%
Total Funding Reserves
$5,447,743
100%
For every $1 donated to the charity for bedkits, 100 cents goes to the cause.
Bedkit Reserves of $1.0 million can cover less than 5 months of bedkit costs.
Charity Contact
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