Better Business Bureau Report for
Faith In Practice

Better Business Bureau Report issued April 2014
Better Business Bureau Report expires April 2015


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: Faith In Practice
Address: 7500 Beechnut St., Suite 208
  Houston, TX 77074
Phone: 713-484-5555
Web Address: www.faithinpractice.org
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Better Business Bureau Comments

Year, State Incorporated: 1994, Texas
Affiliates: La Asociacion la Fe en Practica
Stated Purpose: The mission of Faith In Practice is to improve the physical, spiritual, and economic conditions of the poor in Guatemala through short-term surgical, medical and dental mission trips and health-related educational programs.

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Evaluation Conclusions

              

Faith In Practice meets the 20 Standards for Charity Accountability.
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Programs

              

Faith In Practice organizes and manages volunteers to provide medical, surgical, dental and related health educational services in Central America. In 2013, volunteers saw approximately 22,500 patients. 2013 Statistics 34 Medical Mission Trips 1098 US Volunteers; 700 Guatemalan Volunteers 23,989 patients seen through medical, surgical, and dental clinics 25,923 bed nights at the 'Casa de Fe' Patient guesthouse

For the fiscal year ended August 31, 2013, Faith In Practice's program expenses were:

  
Guatemala program 9,214,419
Total Program Expenses: $9,214,419
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Governance

              

Chief Executive : Rev. Linda L. McCarty, President & CEO
Compensation*: 
$130,056

Chair of the Board: Norman Lewis
Chair's Profession / Business Affiliation: Business Consultant

Board Size: 23

Paid Staff Size: 31

*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 12% of related contributions. (Related contributions, which totaled $2,873,165, 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 Faith In Practice's audited financial statements for the fiscal year ended August 31, 2013.

Source of Funds  
In-kind contributions 7,286,260
Contributions 2,873,165
Mission trip fees 906,027
Unrealized gain on investments 47,881
Interest and dividends 28,974
Realized gain on investments 5,553
Total Income $11,147,860


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Uses of Funds as a % of Total Expenses

Programs: 94%  Fund Raising: 3%  Administrative: 3% 

Total income $11,147,860
Program expenses $9,214,419
Fund raising expenses 343,601
Administrative expenses 276,745
Total expenses $9,834,765
Income in Excess of Expenses 1,313,095
Beginning net assets 1,870,619
Ending net assets 3,183,714
Total liabilities 148,279
Total assets $3,331,993


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Complaints

              

The BBB has processed no customer complaints on this charity in its three year 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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