Better Business Bureau Report for
Bellewood Presbyterian Homes for Children

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


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


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Charity Contact Information

Name: Bellewood Presbyterian Homes for Children
Address: 11103 Park Road
  Louisville, KY 40223
Phone: 502-245-4171
Web Address: www.bellewood.org
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Better Business Bureau Comments

Year, State Incorporated: 1940, Kentucky
Affiliates: None
Stated Purpose: Bellewood reclaims, educates, and empowers struggling youth and their families to lead healthy, independent lives through supportive services and caring staff.

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Evaluation Conclusions

               

Bellewood Presbyterian Homes for Children meets the 20 Standards for Charity Accountability.
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Programs

               

Bellewood provides continuum of care that includes family preservation services, therapeutic foster care, residential treatment, and independent living programs. Each of these services is provided in the context of a long-term relationship with a caring adult who is committed to helping the youth learn to successfully navigate life. Our pro-active treatment approach stresses education and respectful relationships, teaching youth to achieve success by becoming contributing members of their communities.

For the fiscal year ended September 30, 2011, Bellewood Presbyterian Homes for Children's program expenses were:

  
Residential 3,575,123
Foster care 2,502,453
Independent living 1,552,630
Intensive in-home 825,212
Total Program Expenses: $8,455,418
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Governance

               

Chief Executive : Jerry Cantrell , President and Chief Executive Officer
Compensation*:

Chair of the Board: Reed Farley
Chair's Profession / Business Affiliation: VP of Midwestern Operations at Growth Development Associates; Retired VP of sales and marketing at Lexmark International Inc.

Board Size: 20

Paid Staff Size: 130

Jerry Cantrell, President and CEO, will be retiring in July 2012 and Brad Williamson, COO, Senior VP of Administration and CFO, will assume the position of Interim COO at that time.
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Fund Raising

               

Method(s) Used:

Methods of fund raising include direct mail, invitations to fund raising events, print advertisements, radio, grant proposals, internet, planned giving arrangements, and cause-related marketing.
Fund raising costs were 24% of related contributions. (Related contributions, which totaled $1,731,421, 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 Bellewood Presbyterian Homes for Children's audited financial statements for the fiscal year ended September 30, 2011.

Source of Funds  
Program Revenue 7,112,740
Grant Funds 1,061,012
Operation Contributions 670,409
Investment Income 67,648
Other Operating 23,109
Total Income $8,934,918


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Uses of Funds as a % of Total Expenses

Programs: 85%  Fund Raising: 4%  Administrative: 8%  Other Expenses: 3%

Total income   $8,934,918
  Program expenses $8,455,418
  Fund raising expenses 419,103
  Administrative expenses 845,170
  Other Expenses 322,852
Total expenses   $10,042,543
Expenses in Excess of Income   (1,107,625)
Beginning net assets   10,730,855
Ending net assets   9,623,230
Total liabilities   1,597,992
Total assets   $11,221,222


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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.

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