Better Business Bureau Report for
Louisville Central Community Centers

Better Business Bureau Report issued December 2014
Better Business Bureau Report expires December 2016


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


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Charity Contact Information

Name: Louisville Central Community Centers
Address: 1300 Muhammad Ali Blvd.
  Louisville, KY 40203
Phone: 502-583-8821
Web Address: www.lcccnews.org
Also known as:LCCC
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Better Business Bureau Comments

Year, State Incorporated: 1952, Kentucky
Affiliates: None
Stated Purpose: The mission of Louisville Central Community Centers is to advance self-reliance by increasing competence and confidence among individuals and families in Russell and the larger community.

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Evaluation Conclusions

              

Louisville Central Community Centers (LCCC) meets the 20 Standards for Charity Accountability.
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Programs

              

Louisville Central Community Centers programs and services include family services, family literacy, adult education, employment services, fine arts education, youth development, and licensed day care services. Services and programs include: Child Development--provides private, early childhood education for young children at two Kentucky state-licensed child development centers. Both centers, Mini-Versity Downtown and Mini-Versity West, offer accredited, full-day child care programs with a focus on reading and arts education. Progressive Educational Performance (P.E.P.) Club--combines homework assistance and tutoring with computer labs to provide educational enrichment to youth. KIDS Art Academy--a school age program (6-18) that uses fine arts as a vehicle to help young people develop personal skills that can be used to improve academic achievement and social well being. Teen Leadership Council--promotes leadership and team building among neighborhood youth. Boys To Men--for boys age 6 to 15. Offers mentoring, tutoring and special activities designed to support academic achievement and help them reach their highest potential. Working Solutions--provides workforce development services such as job readiness skills training, on-the-job training, and job search and placement support. Parent Club---provides a variety of adult educational opportunities and advocates for families and community.

For the fiscal year ended June 30, 2015, LCCC's program expenses were:

  
Community Child Care Programs 595,933
Social Development and Recreational Programs 493,573
Special Projects 145,991
Total Program Expenses: $1,235,497
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Governance

              

Chief Executive : Sam Watkins, President & Chief Executive Officer
Compensation*: 

Chair of the Board: Dan Crutcher
Chair's Profession / Business Affiliation: Publisher

Board Size: 14

Paid Staff Size: 41

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

              

Method(s) Used:

Methods of fund raising include direct mail, invitations to fund raising events, grant proposals, and internet appeals.

In addition, Louisville Central Community Center is a Metro United Way member agency.

Fund raising costs were 3% of related contributions. (Related contributions, which totaled $2,679,683, 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 LCCC's audited financial statements for the fiscal year ended June 30, 2015.

Ending net assets as reported below include $6,936,879 in unrestricted net assets and $876,831 in temporarily restricted net assets.

Total assets as reported include $6,944,165 invested in property and equipment, net.



Source of Funds  
In-kind contribution-property 1,207,560
Grants 778,451
Public support 465,856
Tuition/Fees 449,751
Contributions 194,374
Special events 33,442
Other income 7,222
Interest 209
Total Income $3,136,865


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Uses of Funds as a % of Total Expenses

Programs: 77%  Fund Raising: 5%  Administrative: 8%  Other Expenses: 10%

Total income $3,136,865
Program expenses $1,235,497
Fund raising expenses 82,736
Administrative expenses 137,458
Other Expenses 159,568
Total expenses $1,615,259
Income in Excess of Expenses 1,521,606
Beginning net assets 6,292,104
Ending net assets 7,453,710
Total liabilities 137,190
Total assets $7,590,900

This report was originally issued in December 2014. Financial information was updated in March 2016.

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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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