Better Business Bureau Report for
Potter Children's Home and Family Ministries

Better Business Bureau Report issued January 2013
Better Business Bureau Report expires January 2014


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


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Charity Contact Information

Name: Potter Children's Home and Family Ministries
Address: 2350 Nashville Road
  Bowling Green, KY 42101
Phone: 270-843-3038
Web Address: www.potterministries.org
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Better Business Bureau Comments

Year, State Incorporated: 1946, Kentucky
Affiliates: Potter Children's Foundation, Inc.
Stated Purpose: The mission of Potter Children's Home is to be used as a tool in the hands of supporting churches of Christ and individual Christians to deliver God's justice and mercy to children and families in need.

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Evaluation Conclusions

              

Potter Children's Home and Family Ministries meets the 20 Standards for Charity Accountability.
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Programs

              

The agency has two primary programs, a foster care program and a single parent program. The foster care program is to serve children between the ages of 1 and 18 who are at a point in their lives where they are making bad decisions and are causing undue hardship in their families. The program creates a loving and supportive atmosphere for the child while he/she is taught to cope with their past, pressent and furture. The Single Parent program helps single mothers and their children by providing them with a comfortable place to stay and a loving and supportive atmosphere while they work on reaching long term goals that will allow them to be independent and live successfully as a family on their own.

For the fiscal year ended December 31, 2011, Potter Children's Home and Family Ministries's program expenses were:

  
Program services: Children and family services 974,151
Total Program Expenses: $974,151
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Governance

              

Chief Executive : Ralph Brewer, President
Compensation*: 
$85,316

Chair of the Board: Bob Raby
Chair's Profession / Business Affiliation: Minister, University Church of Christ

Board Size: 12

Paid Staff Size: 18

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

              

Method(s) Used:

Medthods of fund raising include direct mail, telephone, and internet appeals, planned giving arrangements, and face to face contacts.
Fund raising costs were 16% of related contributions. (Related contributions, which totaled $2,112,988, 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 Potter Children's Home and Family Ministries's audited financial statements for the fiscal year ended
December 31, 2011.

Ending net assets as reported below include $1,061,612 in unrestricted net assets and $12,000 in temporarily restricted net assets.

Total assets as reported include $178,446 invested in net property and equipment.

Source of Funds  
Individual and church donations 1,497,645
Legacies & Bequests 449,593
Foundations 151,121
Organizations and businesses 14,629
Miscellaneous 7,994
Rent income 6,956
Investment income 773
Total Income $2,128,711


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Uses of Funds as a % of Total Expenses

Programs: 60%  Fund Raising: 21%  Administrative: 19% 

Total income $2,128,711
Program expenses $974,151
Fund raising expenses 337,921
Administrative expenses 315,948
Total expenses $1,628,020
Income in Excess of Expenses 500,691
Beginning net assets 572,921
Ending net assets 1,073,612
Total liabilities 31,662
Total assets $1,105,274

The BBB has determined that the organization's use of funds is reasonable
even though the organization's program service expense ratio was under
the 65% requirement in Standard 8. The agency is in the process and
reviewing its cost allocation formula and has advised the BBB that it
anticipates complying with the standard going forward.

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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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