2009 Annual Report

Changing Children's Lives Forever

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

Holt International 2009 annual report

Shinshicho Clinic—EthiopiaRecently 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.

...“For I assisted the poor in their need, and the orphans who required help.” — Job 29:12

Mei*—ChinaThis sweet little girl needs a family, but because she has a seizure disorder, it’s not easy to !nd 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.

* names have been changed

Petch*—ThailandPetch’s mother struggled !nancially

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.

Entrusted 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 bene!ts 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 care-

takers 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, aban-

doned and vulnerable children. Whether it’s through our Child Sponsorship Pro-

gram, 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

!nances. We focus our efforts on individual children and strive to !nd the best per-

manent 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 sel"essly 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

FRO

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HE PR

ESIDEN

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661Children placed with adoptive families in their birth country (not including U.S. domestic placements)

Finding families for children...

2009 Holt programs around the worldchanged children’s lives forever

711 Children placed with U.S. adoptive families

Holt served 36,335 children through all programs in 2009

CH

ILDR

EN &

FAM

ILIES SERV

ED

5,157Children helped to have

permanent, loving families

through adoption and

birth family preservation41,642Total accumulated number of children placed by Holt with U.S. adoptive families, 1956–2009

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

Program Services

Fundraising

Management & General

78.3%

9.4%12.3%

2009 expenses

ASSETS 2009 2008 Cash & Cash Equivalents $2,301,182 $1,967,378

Receivables 1,044,683 1,107,334

USAID Grant Receivable 49,833 34,388

Prepaid Expenses & Supplies 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

Total Assets $12,350,932 $11,223,484

LIABILITIES Accounts Payable & Accrued Expenses $504,257 $606,940

International Program Support Payable 313,835 539,095

Deferred Adoption Fee Revenue 3,555,474 3,625,120

Deferred Transportation Fees 136,940 163,540

Deferred Revenue - Other 1,000 6,000

Deferred Compensation 95,764 112,233

Annuity Obligation 204,891 131,840

Total Liabilities 4,812,161 5,184,768

NET ASSETS Unrestricted Net Assets:

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

Permanently Restricted Net Assets 2,098,151 2,025,641

Total Net Assets 7,538,771 6,038,716

Total Liabilities & Net Assets $12,350,932 $11,223,484

Statement of !nancial positionDecember 31, 2009 (with Comparative Totals for December 31, 2008)

A partnership for children

The partnership between Holt and its sup-

porters changes children’s lives. It also signi-

!es our accountability for the effective use of

contributed funds. We strive to use our !nan-

cial resources effectively and ef!ciently. Holt

undergoes an annual audit performed by an

independent accounting !rm. The follow-

ing charts are based upon the report of Jones

and Roth CPAs. A complete audit report is

available and gladly provided upon request.

The downloadable version is also avail-

able on our website: holtinternational.org.

Holt International is a Chris-tian organization finding and supporting permanent, loving families for children who are orphaned, abandoned or sepa-rated from families, or at seri-ous 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's mission

Holt International 2009 annual report

2009 2008

REVENUES & OTHER SUPPORT Unrestricted Temporarily

Restricted Permanently

Restricted Total Total

Public Support:

Contributions $1,576,719 $7,504,127 $72,510 $9,153,356 $8,261,982

Grants Received:

USAID Grant, Ukraine 528,278 - - 528,278 726,106

USAID Grant, Guatemala - - - - 86,061

Other - 357,037 - 357,037 777,422

Revenues:

Adoption Fees 11,594,872 - - 11,594,872 10,568,851

Transportation Fees 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 6,184 - - 6,184 3,129

Other Revenue 15,722 - - 15,722 46,023

Gains:

Gain on Sale of Assets 3,532 - - 3,532 45

Net Unrealized/Realized/Gains (Losses) on Investments 659,325 247,233 - 906,558 (1,697,714)

Net Assets Released from Restrictions 7,915,117 (7,915,117) - - -

Total Revenues & Other Support 23,315,197 214,728 72,510 23,602,435 19,759,755

EXPENSES Program Services:

U.S. Program 6,140,110 6,140,110 6,285,493

International Program 2,223,452 - - 2,223,452 2,144,199

International Program Support:

Holt Children's Services - Korea 3,069,761 - - 3,069,761 3,140,739

Other 5,863,317 - - 5,863,317 5,134,858

Total Program Services 17,296,640 - - 17,296,640 16,705,289

Supporting Services:

Management & General 2,070,851 - - 2,070,851 2,172,736

Fundraising 2,734,889 - - 2,734,889 2,355,738

Total Supporting Services 4,805,740 - - 4,805,740 4,528,474

Total Expenses 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

Net Assets, End of Year $4,466,202 $974,418 $2,098,151 $7,538,771 $6,038,716

Statement of activitiesFor the Year Ended December 31, 2009 (with Comparative Totals for the Year Ended December 31, 2008)

2009 FINA

NC

IALS

Hague Accredited

HAGUEACCREDITED

“Every child deserves a home...”Harry Holt, Founder, Holt International

PO Box 2880 | Eugene, OR 97402 | www.holtinternational.org