Better Business Bureau Report for
Wednesday's Child

Better Business Bureau Report issued April 2012
Better Business Bureau Report expires April 2014


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: Wednesday's Child
Address: P.O. Box 39
  Louisville, KY 40201
Phone: 502-551-9419
Web Address: www.wednesdayschild.com
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Better Business Bureau Comments

Year, State Incorporated: 1983, Kentucky
Affiliates: None
Stated Purpose: Wednesday's Child, Inc. is an independent, all volunteer, non-profit organization whose mission is to advocate for special needs children waiting for adoption, to expand public awareness about their plight, to recruit and inform prospective adoptive parents, to help bring children and families together, and to sustain families created through adoption.

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Evaluation Conclusions

               

Wednesday's Child meets the 20 Standards for Charity Accountability.
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Programs

               

Wednesday's Child recruits adoptive parents for special needs children, provides services for adoptive families including parent support groups, and provides support services and activities for special needs children waiting to be adopted. In addition, the agency serves as an advocate for special needs children and engages in activities that enhance community awareness of special needs children adoption issues.

For the fiscal year ended June 30, 2011, Wednesday's Child's program expenses were:

  
Recruitment 22,386
Children Services 13,731
Adoptive Family Support 115
Total Program Expenses: $36,232
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Governance

               

Chief Executive : Lynda Price, Executive Director
Compensation*:

Chair of the Board: Elizabeth Everman
Chair's Profession / Business Affiliation: Part-time WLKY reporter

Board Size: 20

Paid Staff Size: 0

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Fund Raising

               

Method(s) Used:

Methods of fund raising include direct mail, print advertisements, television, grant proposals, and internet appeals.
Fund raising costs were 4% of related contributions. (Related contributions, which totaled $33,949, 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 Wednesday's Child's internally produced financial statements for the fiscal year ended June 30, 2011.

Ending net assets as reported below are unrestricted net assets.

Source of Funds  
Indivdual 21,949
Corporate 12,000
Interest Income 51
Total Income $34,000


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Uses of Funds as a % of Total Expenses

Programs: 89%  Fund Raising: 4%  Administrative: 7% 

Total income   $34,000
  Program expenses $36,232
  Fund raising expenses 1,450
  Administrative expenses 2,967
 
Total expenses   $40,649
Expenses in Excess of Income   (6,649)
Beginning net assets   62,096
Ending net assets   55,447
Total liabilities  
Total assets   $55,447


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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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