Better Business Bureau Report for
Harbor House of Louisville

Better Business Bureau Report issued January 2011
Better Business Bureau Report expires January 2013


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: Harbor House of Louisville
Address: 2231 Lower Hunters Trace
  Louisville, KY 40216
Phone: 502-719-0072
Web Address: www.hhlou.org
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Better Business Bureau Comments

Year, State Incorporated: 1992, Kentucky
Affiliates: None
Stated Purpose: The mission of Harbor House of Louisville is to empower individuals with disabilites and thier families to live fulfilled and productive lives

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Evaluation Conclusions

               

Harbor House of Louisville meets the 20 Standards for Charity Accountability.
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Programs

               

Harbor House provides training and development opportunities for adults with physical and mental disabilities. The agency offers on-site employment through its state of the art mailing business. The agency also works with others seeking employment in the community. Agency participants have the opportunity to volunteer in the community, exercise at the local YMCA and to enjoy intergration into the community at large, as well as life-long fellowship with their peer group.

For the fiscal year ended June 30, 2009, Harbor House of Louisville's program expenses were:

  
Program services 1,156,472
Total Program Expenses: $1,156,472
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Governance

               

Chief Executive : Maria Smith, Chief Executive Officer
Compensation*:
 $91,714

Chair of the Board: David Jett
Chair's Profession / Business Affiliation: Vice President Retail Operations Republic Bank

Board Size: 17

Paid Staff Size: 23

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

               

Method(s) Used:

direct mail, telephone, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet
Fund raising costs were 8% of related contributions. (Related contributions, which totaled $501,188, 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 Harbor House of Louisville's audited financial statements for the fiscal year ended June 30, 2010.

Source of Funds  
Program Service 934,059
Contributions 279,773
Special Events/Fundraising 146,079
Grants 75,336
Interest 256
Realized Loss -353
Total Income $1,435,150


chart



Uses of Funds as a % of Total Expenses

Programs: 87%  Fund Raising: 3%  Administrative: 10% 

Total income   $1,435,150
  Program expenses $1,156,472
  Fund raising expenses 40,945
  Administrative expenses 129,315
 
Total expenses   $1,326,732
Income in Excess of Expenses   108,418
Beginning net assets   1,032,148
Ending net assets   1,140,566
Total liabilities   297,390
Total assets   $1,437,956


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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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