Better Business Bureau Report for
The Hadley School For The Blind

Better Business Bureau Report issued April 2011
Better Business Bureau Report expires April 2013


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: The Hadley School For The Blind
Address: 700 Elm Street
  Winnetka, IL 60093
Phone: 847-446-8111
Web Address: www.hadley.edu
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Better Business Bureau Comments

Year, State Incorporated: 83, Illinois
Affiliates: None
Stated Purpose: The mission of The Hadley School for the Blind is to promote independent living through llifelong distance education programs for people who are blind or visually impaired, their families and blindness service providers.

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Evaluation Conclusions

              

The Hadley School For The Blind does not meet the following Standard for Charity Accountability.

Standard 3: Frequency and Attendance of Board Meetings - An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

 

The full Board of the Hadley School meets twice each year. Regular communication with the Trustees, as well as meetings with various Trustee committees, helps to ensure that the Board is engaged in the activities of the school.

The Hadley School For The Blind meets the remaining 19 Standards for Charity Accountability.
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Programs

              

The Hadley School for the Blind offers about 100 distance education courses in a wide range of subjects and serves nearly 10,000 students each year from around the world. Hadley’s courses serve those who are blind or severely visually impaired, age 14 or older, who are able to study using the English language. Blindness professionals, such as teachers and rehabilitation counselors, and family members of blind children or adults, also take Hadley courses. Hadley courses are tuition-free for students who are blind or visually impaired and their families. Particular areas of focus include braille literacy, accessible technology, and careers and entrepreneurship. The school is accredited by the Accrediting Commission of the Distance Education and Training Council and the North Central Association Commission on Accreditation and School Improvement.

For the fiscal year ended June 30, 2010, The Hadley School For The Blind's program expenses were:

  
Education and Public Education 4,795,331
Total Program Expenses: $4,795,331
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Governance

              

Chief Executive : Charles E. Young, President
Compensation*:
$274,554

Chair of the Board: Terry M. Faulk
Chair's Profession / Business Affiliation: Human Resources Professional (retired)

Board Size: 45

Paid Staff Size: 72

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, internet, planned giving arrangements
Fund raising costs were 20% of related contributions. (Related contributions, which totaled $2,294,272, are donations received as a result of fund raising activities.)
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Tax Status

              

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.
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Financial

              

The following information is based on The Hadley School For The Blind's audited financial statements for the fiscal year ended June 30, 2010.

Source of Funds  
Net Change in Unrealized Loss on Investments 6,482,727
Contributions 2,294,272
Investment Income 958,572
Other 202,494
Tuition 25,710
Net Realized Gains on Sales of Investments -297,786
Total Income $9,665,989


chart



Uses of Funds as a % of Total Expenses

Programs: 78%  Fund Raising: 7%  Administrative: 15% 

Total income   $9,665,989
  Program expenses $4,795,331
  Fund raising expenses 454,554
  Administrative expenses 948,348
 
Total expenses   $6,198,233
Income in Excess of Expenses   3,467,756
Beginning net assets   62,008,632
Other Changes in Net Assets (96,775)
Ending net assets   65,379,613
Total liabilities   1,206,298
Total assets   $66,585,911


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