Better Business Bureau Report for
Children's Place

Better Business Bureau Report issued March 2012
Better Business Bureau Report expires March 2014


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Children's Place
Address: 1436 W. Randolph St., 5th floor
  Chicago, IL 60607
Phone: 312-733-9954
Web Address: http://www.childrens-place.org
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Better Business Bureau Comments

Year, State Incorporated:
Affiliates: None
Stated Purpose: The mission of The Children's Place Association is to improve the present and secure the future for children, youth and families confronted by HIV/AIDS or other life-changing health conditions.

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Evaluation Conclusions

               

The Children's Place Association meets the 20 Standards for Charity Accountability.
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Programs

               

Children's Place serves vulnerable children and their families in Chicagoland who are affected by HIV/AIDS or other life-changing health conditions, including among others cerebral palsy, developmental delays, and complications of prematurity or substance exposure.

For the fiscal year ended June 30, 2011, The Children's Place Association's program expenses were:

  
EARLY LEARNING CENTER 1,467,692
FOSTER CARE 1,236,442
RESIDENTIAL CARE 968,465
FAMILY CARE 930,273
INTERNATIONAL 505,338
Total Program Expenses: $5,108,210
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Governance

               

Chief Executive : Cathy Krieger, President/CEO
Compensation*: 

Chair of the Board: Ted Otto
Chair's Profession / Business Affiliation: Principal, Ted Otto Group, LLC

Board Size: 15

Paid Staff Size: 87

*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 6% of related contributions. (Related contributions, which totaled $5,995,162, 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 Children's Place's audited financial statements for the fiscal year ended June 30, 2011.

Source of Funds  
GOVERNMENTAL GRANTS 5,178,235
SPECIAL EVENTS, NET 358,922
CONTRIBUTIONS 307,147
Other grants and contributions 150,858
INVESTMENT INCOME, NET 133,780
Net Assets Released from Restrictions 84,181
OTHER REVENUES 24,748
Total Income $6,237,871


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Uses of Funds as a % of Total Expenses

Programs: 86%  Fund Raising: 6%  Administrative: 8% 

Total income $6,237,871
Program expenses $5,108,210
Fund raising expenses 348,720
Administrative expenses 497,422
Total expenses $5,954,352
Income in Excess of Expenses 283,519
Beginning net assets 3,754,995
Other Changes in Net Assets 48,809
Ending net assets 4,087,323
Total liabilities 1,136,459
Total assets $5,223,782


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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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