Better Business Bureau Report for
Circle of Love Foundation

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


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


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Charity Contact Information

Name: Circle of Love Foundation
Address: 4804 Innsbruck Dr.
  Rockford, IL 61114
Phone: 815-282-9243
Web Address:
Also known as:NA
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Better Business Bureau Comments

Year, State Incorporated: 1995, Illinois
Affiliates: None
Stated Purpose: Medical mission outreach clinics offer a unique opportunity for Christian doctors, nurses, dentist and pharmacists to be the hands of Jesus in love and mercy. Our goal is to provide each patient with individual medical attention and each medical professional the opportunity to serve the patient in Jesus’ name.

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Evaluation Conclusions

               

Circle of Love Foundation meets the 20 Standards for Charity Accountability.
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Programs

               

Circle of Love is a mercy ministry focused on the needs of the poor and the powerless. We conduct free medical clinics for the poor in 13 countries and also offer people a chance to hear the Gospel of Jesus Christ. We have treated 63,111 patients over the past 14 years. 4473 patients were served in 2011 and 11,567 packets of free medicine were dispensed.

For the fiscal year ended December 31, 2010, Circle of Love Foundation's program expenses were:

  
Mission Trips 362,710
Grants 91,565
Pastor Support 47,144
Total Program Expenses: $501,419
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Governance

               

Chief Executive : Helen Laib, President
Compensation*:
 $

Chair of the Board: David S. Laib
Chair's Profession / Business Affiliation: physician

Board Size: 8

Paid Staff Size: 0

*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, internet
Fund raising costs were 13% of related contributions. (Related contributions, which totaled $178,572, 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 Circle of Love Foundation's audited financial statements for the fiscal year ended December 31, 2010.

Source of Funds  
Mission trips 245,061
Contributions 148,074
Pastoral Support 112,485
Fundraising and other 30,498
Total Income $536,118


chart



Uses of Funds as a % of Total Expenses

Programs: 94%  Fund Raising: 4%  Administrative: 2% 

Total income   $536,118
  Program expenses $501,419
  Fund raising expenses 23,586
  Administrative expenses 9,274
 
Total expenses   $534,279
Income in Excess of Expenses   1,839
Beginning net assets   43,204
Other Changes in Net Assets (2,592)
Ending net assets   42,451
Total liabilities  
Total assets   $42,451


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