Better Business Bureau Report for
Center for Nonprofit Excellence

Better Business Bureau Report issued December 2014
Better Business Bureau Report expires December 2016


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


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Charity Contact Information

Name: Center for Nonprofit Excellence
Address: 323 W. Broadway, Suite 501
  Louisville, KY 40202
Phone: 502-315-2673
Web Address: www.cnpe.org
Also known as:CNPE
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Better Business Bureau Comments

Year, State Incorporated: 2002, Kentucky
Affiliates: None
Stated Purpose: To co-create a vibrant, exemplary nonprofit community in Greater Louisville through collaboration, shared learning, advocacy, and the promotion of innovation and excellence

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Evaluation Conclusions

              

Center for Nonprofit Excellence (CNPE) meets the 20 Standards for Charity Accountability.
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Programs

              

The Center for Nonprofit Excellence (CNPE) is the Louisville region’s single, one-stop shop for nonprofit management support organization information, training, consultation and networking. CNPE serves all nonprofits in the Louisville region regardless of mission. CNPE focuses on best practices and standards that allow nonprofits to make the most of their limited resources. In turn, our work helps the wider community realize the largest possible return on their investment (ROI) in the civic sector.

For the fiscal year ended June 30, 2014, CNPE's program expenses were:

  
Training and Annual Conference 215,292
Consultation 122,000
Membership 103,500
Special Services 28,666
Total Program Expenses: $469,458
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Governance

              

Chief Executive : Kevin Connelly, CEO/Executive Director
Compensation*: 
$89,500

Chair of the Board: Donald Vish
Chair's Profession / Business Affiliation: Attorney, Middelton Reutlinger

Board Size: 16

Paid Staff Size: 5

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

Methods of fund raising include grants and planned giving arrangements. CNPE also generates revenue from membership dues and consulting fees.

In addition, CNPE is a Metro United Way member agency.


Fund raising costs were 4% of related contributions. (Related contributions, which totaled $326,531, 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 CNPE's audited financial statements for the fiscal year ended June 30, 2014.

Ending net assets as reported below include $294,058 in unrestricted net assets and $77,500 in temporarily restricted net assets.

Total assets as reported include $37,462 invested in furniture and equipment.



Source of Funds  
Contributions and Grants 192,552
Service Income 114,404
Membership Dues 105,313
Special Activities 89,617
In-kind Contributions 28,666
Interest Income 320
Total Income $530,872


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Uses of Funds as a % of Total Expenses

Programs: 80%  Fund Raising: 2%  Administrative: 18% 

Total income $530,872
Program expenses $469,458
Fund raising expenses 11,765
Administrative expenses 102,380
Total expenses $583,603
Expenses in Excess of Income (52,731)
Beginning net assets 424,289
Ending net assets 371,558
Total liabilities 99,935
Total assets $471,493


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