Better Business Bureau Report for
Center for Nonprofit Excellence

Better Business Bureau Report issued July 2012
Better Business Bureau Report expires December 2014


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

              

We (the Center for Nonprofit Excellence) are the Louisville region’s only nonprofit management support organization (MSO) since 1999. We serve all nonprofits in the Louisville region regardless of mission. Essentially, we are a nonprofit that helps other nonprofits become better. We focus 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, 2013, CNPE's program expenses were:

  
Program Services 442,661
Total Program Expenses: $442,661
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Governance

              

Chief Executive : Kevin Connelly, President
Compensation*: 
$83,500

Chair of the Board: Jim Turner
Chair's Profession / Business Affiliation: Corporate Communications, Humana, Inc.

Board Size: 17

Paid Staff Size: 4

*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 membership dues, consulting fees, and grants.

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

Fund raising costs were 7% of related contributions. (Related contributions, which totaled $391,412, 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, 2013.

Ending net assets as reported below include $180,789 in unrestricted net assets and $243,500 in temporarily restricted net assets.

Total assets as reported include $95,866 invested in furniture and equipment.



Source of Funds  
Contributions and grants 382,712
Membership Dues 103,641
Service Income 98,826
Special Activities 85,120
In-kind contributions 8,700
Interest Income 385
Total Income $679,384


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Uses of Funds as a % of Total Expenses

Programs: 83%  Fund Raising: 5%  Administrative: 12% 

Total income $679,384
Program expenses $442,661
Fund raising expenses 27,818
Administrative expenses 63,238
Total expenses $533,717
Income in Excess of Expenses 145,667
Beginning net assets 278,622
Ending net assets 424,289
Total liabilities 119,760
Total assets $544,049

This report was originally issued in July 2012. Financial information in the report was updated in February 2014.

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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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