Better Business Bureau Report for
Elves & More

Better Business Bureau Report issued July 2010
Better Business Bureau Report expires July 2011


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


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Charity Contact Information

Name: Elves & More
Address: 2200 Louetta Road, # 101
  Spring, TX 77388
Phone: 281-907-0071
Web Address: www.ElvesAndMore.org
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Better Business Bureau Comments

Year, State Incorporated: 2004, Texas
Affiliates: None
Stated Purpose: Changing lives--one bike at a time!

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Evaluation Conclusions

               

Elves & More meets the 20 Standards for Charity Accountability.
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Programs

               

By December 2009 Elves & More had given away 100,000 bicycles to children at risk. Since 2007 the majority of the bicycles have been given through earn-a-bike contracts with schools districts in the Greater Houston Area. By improving in Academics, Attitude, Attendance and participation in an After-School Activity, children earn bikes as an incentive to better themselves and achieve at a higher level. In 2008, 12,500 bicycles were distributed to children.

For the fiscal year ended December 31, 2009, Elves & More's program expenses were:

  
Bicycle Program 894,026
Total Program Expenses: $894,026
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Governance

               

Chief Executive : Rebecca L B Roberts, Executive Director
Compensation*:
 $75,000

Chair of the Board: David L. Moore
Chair's Profession / Business Affiliation: Strategy Partner, Accenture PLC, retired

Co-Chair of the Board : Thomas C. Davis

Chair's Profession / Business Affiliation: Owner/Partner, Davis Bros. Construction

Co-Chair of the Board : n/a

Chair's Profession / Business Affiliation: n/a

Board Size: 18

Paid Staff Size: 3

*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, build donations
Fund raising costs were 11% of related contributions. (Related contributions, which totaled $1,364,443, 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 Elves & More's audited financial statements for the fiscal year ended December 31, 2009.

Source of Funds  
Bicycle Ball and other event revenues 572,930
In-kind contributions 330,681
Individual contributions 255,923
Grants and foundations 141,326
Corporate contributions 63,583
Other 242
Total Income $1,364,685


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Uses of Funds as a % of Total Expenses

Programs: 68%  Fund Raising: 12%  Administrative: 4%  Other Expenses: 16%

Total income   $1,364,685
  Program expenses $894,026
  Fund raising expenses 151,157
  Administrative expenses 58,557
  Other Expenses 210,473
Total expenses   $1,314,213
Income in Excess of Expenses   50,472
Beginning net assets   55,524
Ending net assets   105,996
Total liabilities   74,477
Total assets   $180,473


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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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