Better Business Bureau Report for
Urban Initiatives

Better Business Bureau Report issued August 2013
Better Business Bureau Report expires August 2015


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: Urban Initiatives
Address: 650 W. Lake St - Suite 340
  Chicago, IL 60661
Phone: 312-715-1763
Web Address: http://www.urbaninitiatives.org/
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Better Business Bureau Comments

Year, State Incorporated: 2003, Illinois
Affiliates: None
Stated Purpose: Urban Initiatives’ mission is to empower Chicago’s underserved children to adopt healthy lifestyles, improve their academic performance, and build strong character through sports-based youth development programs. They maximize their programmatic impact by collaborating with parents, schools, and community stakeholders.

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Evaluation Conclusions

              

Urban Initiatives does not meet the following Standard for Charity Accountability.

Standard 16: Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

Urban Initiatives does not meet this standard because:

  • The organization states it does not have an annual report covering activities conducted in the past year.
Urban Initiatives meets the remaining 19 Standards for Charity Accountability.
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Programs

              

Urban Initiatives is a nonprofit organization that runs health, education, and character development programming for kids in the Chicago Public Schools (CPS).

For the fiscal year ended July 31, 2012, Urban Initiatives's program expenses were:

  
Salaries 322,648
Work to Play 311,565
Administration and other 41,556
Coaches Corps 13,158
Healthy Places 11,754
Total Program Expenses: $700,681
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Governance

              

Chief Executive : Jim Dower, Executive Director
Compensation*: 
$72,000

Chair of the Board: Ron Redd; Board Chair
Chair's Profession / Business Affiliation: Director at BMO Harris

Board Size: 21

Paid Staff Size: 120

*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, telephone, invitations to fund raising events, grant proposals
Fund raising costs were 9% of related contributions. (Related contributions, which totaled $819,409, 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 Urban Initiatives's audited financial statements for the fiscal year ended July 31, 2012.

Source of Funds  
Donations and Grants 559,384
Fundraising events 239,416
program service fees 53,540
Halloween party 14,077
other events 6,532
Miscellaneous Income 2,695
interest income 851
Total Income $876,495


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Uses of Funds as a % of Total Expenses

Programs: 86%  Fund Raising: 9%  Administrative: 5% 

Total income $876,495
Program expenses $700,681
Fund raising expenses 77,091
Administrative expenses 41,556
Total expenses $819,328
Income in Excess of Expenses 57,167
Beginning net assets 451,243
Ending net assets 454,335
Total liabilities 115,023
Total assets $569,358


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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