Better Business Bureau Report for
Bo's Place

Better Business Bureau Report issued May 2012
Better Business Bureau Report expires May 2013


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


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Charity Contact Information

Name: Bo's Place
Address: 10050 Buffalo Speedway
  Houston, TX 77054
Phone: 713-942-8339
Web Address: www.bosplace.org
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Better Business Bureau Comments

Year, State Incorporated: 1997, Texas
Affiliates: None
Stated Purpose: Bo's Place exists to enhance the lives of those who have experienced the death of a loved one.

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Evaluation Conclusions

              

Bo's Place meets the 20 Standards for Charity Accountability.
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Programs

              

Bo's Place provides free, on-going grief support groups in the greater Houston metropolitan area and Fort Bend county for families with children between the ages of 4-18 who have experienced the death of a loved one. In the 2010-2011 fiscal year, Bo's Place provided grief support services to 1,031 total individuals.

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

  
Total: 935,706
Total Program Expenses: $935,706
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Governance

              

Chief Executive : Mary E. Staine, Executive Director
Compensation*:
$83,897

Chair of the Board: Sue Smith
Chair's Profession / Business Affiliation: Community Volunteer, Attorney

Board Size: 30

Paid Staff Size: 13

*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, cause-related marketing
Fund raising costs were 20% of related contributions. (Related contributions, which totaled $1,245,438, 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 Bo's Place's audited financial statements for the fiscal year ended June 30, 2011.

Source of Funds  
Special events, net of costs of benefits provied to donors of $122,325 634,485
Contributions 610,953
Interest and dividend income 28,645
Other income 21,692
Unrealized gains on investments 21,119
Total Income $1,316,894


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Uses of Funds as a % of Total Expenses

Programs: 72%  Fund Raising: 20%  Administrative: 8% 

Total income   $1,316,894
  Program expenses $935,706
  Fund raising expenses 253,626
  Administrative expenses 107,286
 
Total expenses   $1,296,618
Income in Excess of Expenses   20,276
Beginning net assets   5,182,859
Ending net assets   5,203,135
Total liabilities   37,085
Total assets   $5,240,220


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Complaints

              

0 complaint(s) closed with BBB in the last 3 years. 0 complaint(s) closed in the last 12 months.

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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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