Better Business Bureau Report for
Bo's Place

Better Business Bureau Report issued May 2013
Better Business Bureau Report expires May 2014


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 2011-2011 fiscal year, Bo's Place provided grief support services to 348 families/1,027 total individuals.

For the fiscal year ended June 30, 2012, Bo's Place's program expenses were:

  
Total: 963,065
Total Program Expenses: $963,065
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Governance

              

Chief Executive : Mary E. Staine, Executive Director
Compensation*: 
$108,544

Chair of the Board: Ronald P. Cuenod, Jr.
Chair's Profession / Business Affiliation: Indumar Products, Inc. - Owner

Co-Chair of the Board : Charles Neuhaus

Chair's Profession / Business Affiliation: Commercial Real Estate Developer

Board Size: 28

Paid Staff Size: 17

*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
Fund raising costs were 17% of related contributions. (Related contributions, which totaled $1,264,313, 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, 2012.

Source of Funds  
Contributions 833,930
Special events 430,383
Investment return 36,785
Other income 9,215
Cost of direct donor benefits -43,080
Total Income $1,267,233


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Uses of Funds as a % of Total Expenses

Programs: 74%  Fund Raising: 16%  Administrative: 10% 

Total income $1,267,233
Program expenses $963,065
Fund raising expenses 216,310
Administrative expenses 136,768
Total expenses $1,316,143
Expenses in Excess of Income (48,910)
Beginning net assets 5,203,135
Ending net assets 5,154,225
Total liabilities 45,758
Total assets $5,199,983


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Complaints

              

The BBB has processed no complaints about this organization in the past 36 months, our standard reporting period.

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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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