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Tax Status Governance Fund Raising Financial

Name:	The Healing Place
Address:	1020 West Market Street
	Louisville, KY 40202
Phone:	502-585-4848
Web Address:	www.thehealingplace.org
Also known as: Healing Place

Healing Place does not meet the following Standard for Charity Accountability.

Standard 3: Frequency and Attendance of Board Meetings - An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities. Information submitted to the BBB indicates that there was only one board meeting in the prior year with a majority of board members in attendance.

Healing Place meets the remaining 19 Standards for Charity Accountability.

The Healing Place offers emergency shelter for homeless men and women, as well as detoxification and recovery programs for those addicted to drugs and alcohol. The organization also serves the children of women in the recovery program. It is the largest shelter recovery program in Kentucky and serves more than 550 men and women on two campuses, offering 1,475 meals a day, 540,000 meals a year. Services are free and include emergency overnight shelter, non-medical detox, long-term addiction recovery program, health clinic, parenting and child development program, and comprehensive continuing care for program alumni. Continuing care includes case management; job placement; assistance with housing, education, legal and medical issues; and family reunification. The organization relies heavily on financial contributions from individuals, corporations and foundations, as well as donated goods and services. Government support from local, state, and federal sources varies from year to year and is about 25% of total revenues.

For the fiscal year ended December 31, 2009, Healing Place's program expenses were:

Shelter/Recovery Services	3,029,218
Total Program Expenses:	$3,029,218

Chief Executive : Jay P. Davidson, President and CEO

Compensation*:

Chair of the Board: Michael R. Joksimovic
Chair's Profession / Business Affiliation: Financial Partners Group

Board Size: 32

Paid Staff Size: 72

Method(s) Used:

Fund raising methods include direct mail, telephone, invitations to fund raising events, television, radio, grant proposals, internet, charitable gaming, and planned giving arrangements.

Fund raising costs were 18% of related contributions. (Related contributions, which totaled $3,317,927, are donations received as a result of fund raising activities.)

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.

The following information is based on The Healing Place's audited financial statements for the year that ended June 30, 2009. Ending net assets as reported below include $5,345,920 in unrestricted net assets , $58,877 in temporarily restricted net assets, and $1,284,355 in permanently restricted net assets. Total assets as reported include $8,616,665 invested in property and equipment, net.

Source of Funds
Contributions	2,360,634
Program service fees	768,981
Donated equip, supplies & services	610,444
Developer fee	550,000
Net realized gain on investments	213,585
Special events - Bingo	200,778
Special events - Other	146,071
Investment income	46,805
Total Income	$4,897,298

Uses of Funds as a % of Total Expenses

Programs: 74%  Fund Raising: 15%  Administrative: 10%  Other Expenses: 1%

Total income				$4,897,298
	Program expenses			$3,029,218
	Fund raising expenses			600,118
	Administrative expenses			411,124
	Other Expenses			22,596
Total expenses				$4,063,056
Income in Excess of Expenses				834,242
Beginning net assets				5,854,910
Ending net assets				6,689,152
Total liabilities				8,282,080
Total assets				$14,971,232