Better Business Bureau Report for
Louisville Central Community Centers

Better Business Bureau Report issued February 2013
Better Business Bureau Report expires February 2015


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


Find out more about this charity:

Back To Top

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
Back To Top

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.

Back To Top

Evaluation Conclusions

              

Louisville Central Community Centers (LCCC) meets the 20 Standards for Charity Accountability.
Back To Top

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, 2012, LCCC's program expenses were:

  
Community Child Care 717,146
Social Development 480,716
Special Projects 162,677
Total Program Expenses: $1,360,539
Back To Top

Governance

              

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

Chair of the Board: Darnell Clay
Chair's Profession / Business Affiliation: Retired Executive

Board Size: 15

Paid Staff Size: 45

Back To Top

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 Centers is a Metro United Way member agency.

Fund raising costs were 6% of related contributions. (Related contributions, which totaled $1,233,861, are donations received as a result of fund raising activities.)
Back To Top

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.
Back To Top

Financial

              

The following information is based on LCCC's audited financial statements for the fiscal year ended June 30, 2012.

Ending net assets as reported below include $46,398 in unrestricted net assets , $183,437 in temporarily restricted net assets, and $5,172,120 in permanently restricted net assets.

Total assets as reported include $5,578,727 invested in buildings and equipment.



Source of Funds  
Tuition/Fees 622,878
Contributions 617,075
Public Support 477,710
Grants 139,076
Other Income 18,505
Interest 741
Total Income $1,875,985


chart



Uses of Funds as a % of Total Expenses

Programs: 83%  Fund Raising: 5%  Administrative: 8%  Other Expenses: 4%

Total income $1,875,985
Program expenses $1,360,539
Fund raising expenses 79,425
Administrative expenses 131,963
Other Expenses 57,084
Total expenses $1,629,011
Income in Excess of Expenses 246,974
Beginning net assets 5,154,981
Ending net assets 5,401,955
Total liabilities 176,772
Total assets $5,578,727

This report was originally issued in February 2013. Financial information in the report was updated in March 2014.

Back To Top

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.

Send to:



What is an Accredited Charity