Who We Are

Our Finances

Your dollars will fight for freedom. We value transparency and are committed to investing funds in strategic ways to accomplish our mission and vision. We are an active member of the ECFA, working diligently to follow the seven standards of responsible stewardship.

In the past three years, 82.6% of every dollar we spent was used for programs that benefit the children we defend.

Destiny Rescue is recognized by the Better Business Bureau (BBB) and Guidestar for our commitment to transparency, accountability, and financial integrity.

Every year an independent accounting firm conducts an audit of our financial records. In addition, an all-volunteer board of directors monitors expenditures and investments and sets policies, procedures, and a budget. You may review our full audited financial statements below.

Integrity is hugely important to Destiny Rescue and to me personally, especially when it comes to finances. Proverbs 22:1 says, “A good name is more desirable than great riches; to be esteemed is better than silver or gold.” This is my philosophy in my approach to the financial stewardship of the resources entrusted to us. I am committed to building the integrity and trustworthiness of the organization. Everyone that I’ve worked with at Destiny Rescue, from my time serving in Cambodia to the years I’ve been with the US office, reflects the same commitment to honorability and effectiveness in handling our resources. Having that foundation in place gives us the ability to operate with confidence as the Lord grows the organization. This was written by Eva, Destiny Rescue’s business administration manager in the US.

 

Frequently asked questions: 

Are my donations tax deductible?

Yes. Destiny Rescue is a 501(c)3 tax-exempt organization and your donation is tax-deductible within the guidelines of US law. Please consult a tax advisor for specific deductibility rules.

How are my funds invested?

We are grateful for your generosity and promise to use your donation in the most effective way possible. All donations designated for specific funds will be applied to those projects and to administering the gifts. At least 80 percent of your designated gift will go to programs that defend kids. Gifts that cannot be used for a particular project, due to over or under-funding, will be directed to Destiny Rescue’s most urgent needs. Contributions are solicited with the understanding that Destiny Rescue has control over the use of all donated funds.

How do I know you are investing my gifts wisely?

It is a humbling responsibility to know that every dollar counts and children are depending upon us. With this in mind, we work diligently to follow the seven standards of responsible stewardship established by the ECFA and are recognized by the BBB and Guidestar for our commitment to transparency, accountability, and financial integrity. Every year an independent accounting firm conducts an audit of our financial records. In addition, an all-volunteer board of directors monitors expenditures and investments and sets policies, procedures, and a budget. You may review our full audited financial statements on our website.

What are the ECFA seven standards of responsible stewardship?

Standard 1 – Doctrinal Issues

Every organization shall subscribe to a written statement of faith clearly affirming a commitment to the evangelical Christian faith or shall otherwise demonstrate such commitment, and shall operate in accordance with biblical truths and practices.

Standard 2 – Governance

Every organization shall be governed by a responsible board of not less than five individuals, a majority of whom shall be independent, who shall meet at least semiannually to establish policy and review its accomplishments.

Standard 3 – Financial Oversight

Every organization shall prepare complete and accurate financial statements. The board or a committee consisting of a majority of independent members shall approve the engagement of an independent certified public accountant, review the annual financial statements, and maintain appropriate communication with the independent certified public accountant. The board shall be apprised of any material weaknesses in internal control or other significant risks.

Standard 4 – Use of Resources and Compliance with Laws

Every organization shall exercise the appropriate management and controls necessary to provide reasonable assurance that all of the organization’s operations are carried out and resources are used in a responsible manner and in conformity with applicable laws and regulations, such conformity taking into account biblical mandates.

Standard 5 – Transparency

Every organization shall provide a copy of its current financial statements upon written request and shall provide other disclosures as the law may require. The financial statements required to comply with Standard 3 must be disclosed under this standard.

An organization must provide a report, upon written request, including financial information on any specific project for which it has sought or is seeking gifts.

Standard 6 – Compensation-Setting and Related-Party Transactions

Every organization shall set compensation of its top leader and address related-party transactions in a manner that demonstrates integrity and propriety in conformity with ECFA’s Policy for Excellence in Compensation-Setting and Related-Party Transactions.

 

Standard 7 – Stewardship of Charitable Gifts

7.1 Truthfulness in Communications

In securing charitable gifts, all representations of fact, descriptions of the financial condition of the organization, or narratives about events must be current, complete, and accurate. References to past activities or events must be appropriately dated. There must be no material omissions or exaggerations of fact, use of misleading photographs, or any other communication which would tend to create a false impression or misunderstanding.

7.2 Giver Expectations and Intent

Statements made about the use of gifts by an organization in its charitable gift appeals must be honored. A giver’s intent relates both to what was communicated in the appeal and to any instructions accompanying the gift, if accepted by the organization. Appeals for charitable gifts must not create unrealistic expectations of what a gift will actually accomplish.

7.3 Charitable Gift Communication

Every organization shall provide givers appropriate and timely gift acknowledgments.

7.4 Acting in the Best Interest of Givers

When dealing with persons regarding commitments on major gifts, an organization’s representatives must seek to guide and advise givers to adequately consider their broad interests.

An organization must make every effort to avoid knowingly accepting a gift from, or entering into a contract with, a giver that would place a hardship on the giver or place the giver’s future well-being in jeopardy.

7.5 Percentage Compensation for Securing Charitable Gifts

An organization may not base compensation of outside stewardship resource consultants or its own staff directly or indirectly on a percentage of charitable contributions raised.

These standards come from ECFA’s Website and can be reviewed in full detail here: https://www.ecfa.org/Content/Standards

We are grateful for your generosity and promise to use your donation in the most effective way possible. All donations designated for specific funds will be applied to those projects and to administering the gifts. At least 80 percent of your designated gift will go to programs that defend kids. Gifts that cannot be used for a particular project, due to over or under-funding, will be directed to Destiny Rescue’s most urgent needs. Contributions are solicited with the understanding that Destiny Rescue has control over the use of all donated funds.