Better Business Bureau Report for
Pitt Academy

Better Business Bureau Report issued March 2015
Better Business Bureau Report expires March 2017


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: Pitt Academy
Address: 7515 Westport Road
  Louisville, KY 40222
Phone: 502-966-6979
Web Address: www.pitt.com
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Better Business Bureau Comments

Year, State Incorporated: 1994, Kentucky
Affiliates: None
Stated Purpose: Pitt Academy provides a safe, nurturing school environment with an individualized curriculum which enables students with learning differences or intellectual disabilities to realize their full potential and develop the skills necessary to experience more independent and productive lives.

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Evaluation Conclusions

              

Pitt Academy meets the 20 Standards for Charity Accountability.
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Programs

              

Programs-We help our students gain the skills and confidence necessary to succeed in the classroom and in life by offering: a fully accredited education by the Kentucky Non-Public Schools Commission, individualized instruction, and small class sizes. In addition, we offer life skills training, technology class, art class, music class and physical education class. We also partner with outside agencies to offer speech, language, occupation and physical therapy. Pitt Academy is also affiliated with and has teams involved in Special Olympics.

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

  
Program services 471,770
Total Program Expenses: $471,770
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Governance

              

Chief Executive : Steve DeGaris, Board President
Compensation*: 
-0-

Chair of the Board: Steve DeGaris, Board President
Chair's Profession / Business Affiliation: Edelen & Edelen Realtors

Co-Chair of the Board : Kevin Massey, VP

Chair's Profession / Business Affiliation: Project Heating and Cooling

Co-Chair of the Board : Linda Hare, Secretary

Chair's Profession / Business Affiliation: Retired

Board Size: 14

Paid Staff Size: 23

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Fund Raising

              

Method(s) Used:

Direct mail, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet, planned giving arrangements, and cause-related marketing.
Fund raising costs were 1% of related contributions. (Related contributions, which totaled $493,050, 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 Pitt Academy's audited financial statements for the fiscal year ended June 30, 2014.

Source of Funds  
Tuition/Fees 452,322
Grants and other donations 302,570
Bingo, net of direct expenses 134,841
Other fund raising activities, net 55,639
Other 37,405
Total Income $982,777


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Uses of Funds as a % of Total Expenses

Programs: 76%  Fund Raising: 1%  Administrative: 23% 

Total income $982,777
Program expenses $471,770
Fund raising expenses 4,000
Administrative expenses 138,838
Total expenses $614,608
Income in Excess of Expenses 368,169
Beginning net assets 245,011
Ending net assets 613,180
Total liabilities 9,150
Total assets $622,330


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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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