Better Business Bureau Report for
Goodfellows Club of Houston

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


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Goodfellows Club of Houston
Address: c/o Houston Chronicle
801 Texas Ave.
  Houston, TX 77002
Phone: 713-362-7171
Web Address: chron.com/goodfellows
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Better Business Bureau Comments

Year, State Incorporated: 1949, Texas
Affiliates: None
Stated Purpose: Goodfellows is a charity that collects donations from the public to purchase new holiday toys for needy children between the ages of 2 through 10. In 2009, Goodfellows "maximized its efficiency" by partnerning with the Texas Department of Health and Human Services to identify families with the greatest need.

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Evaluation Conclusions

               

Goodfellows Club of Houston meets the 20 Standards for Charity Accountability.
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Programs

               

This organization distributes toys to needy children in Houston. For the fiscal year ended January 31, 2011, Goodfellows Club of Houston distributed 137,000 toys and other gifts to approximately 59,530 children in the Houston area.

For the fiscal year ended January 31, 2011, Goodfellows Club of Houston's program expenses were:

  
Total: 822,590
Total Program Expenses: $822,590
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Governance

               

Chief Executive :
Compensation*:

Chair of the Board: Jack Sweeney
Chair's Profession / Business Affiliation: Houston Chronicle Publisher & President

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, print advertisements
Fund raising costs were 24% of related contributions. (Related contributions, which totaled $1,239,870, 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 Goodfellows Club of Houston's audited financial statements for the fiscal year ended January 31, 2011.

Source of Funds  
Contributions 945,446
Contributions of in-kind advertising 294,424
Interest income 460
Total Income $1,240,330


chart



Uses of Funds as a % of Total Expenses

Programs: 72%  Fund Raising: 26%  Administrative: 2% 

Total income   $1,240,330
  Program expenses $822,590
  Fund raising expenses 303,459
  Administrative expenses 28,661
 
Total expenses   $1,154,710
Income in Excess of Expenses   85,620
Beginning net assets   1,413,907
Ending net assets   1,499,527
Total liabilities   12,933
Total assets   $1,512,460


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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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