Better Business Bureau Report for
Ronald McDonald House Charities of Kentuckiana

Better Business Bureau Report issued September 2011
Better Business Bureau Report expires September 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: Ronald McDonald House Charities of Kentuckiana
Address: 550 South First Street
  Louisville, KY 40202
Phone: 502-581-1416
Web Address: www.rmhlouisville.org
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Better Business Bureau Comments

Year, State Incorporated: 1982, Kentucky
Affiliates: None
Stated Purpose: Ronald McDonald House Charities of Kentuckiana was established to provide temporary, low-cost family housing for families of children being treated at Kosair Children's Hospital and other area medical facilities. The organization also supports other groups, organizations or agencies which aid in the treatment, care and well-being of children, as well as provide college scholarships.

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Evaluation Conclusions

               

Ronald McDonald House Charities of Kentuckiana meets the 20 Standards for Charity Accountability.
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Programs

               

The agency operates the Ronald McDonald House as temporary, low cost family housing for families of children being treated at Kosair Children's Hospital and other area medical facilities. The agency also operates Ronald McDonald Family Room programs at Kosair Children's Hospital, Norton Suburban Hospital and Frazier Rehab Institute. Additionally, the agency provides financial grant support to approximately 20 organizations annually that serve youth throughout the local community and scholarships to college students.

For the fiscal year ended December 31, 2010, Ronald McDonald House Charities of Kentuckiana's program expenses were:

  
RMHC Program Service Expense 1,030,172
Total Program Expenses: $1,030,172
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Governance

               

Chief Executive : Hal Hedley, Executive Director & CEO
Compensation*:
 $108,572

Chair of the Board: Gary Owen
Chair's Profession / Business Affiliation: President, Allegra Print & Imaging

Board Size: 29

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:

Methods of fund raising include direct mail, invitations to fund raising events, radio, grant proposals, internet, and cause-related marketing.
Fund raising costs were 13% of related contributions. (Related contributions, which totaled $1,158,946, 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 Ronald McDonald House Charities of Kentuckiana's audited financial statements for the fiscal year ended December 31, 2010.

Ending net assets as reported below include $5,663,422 in unrestricted net assets , $250,000 in temporarily restricted net assets, and $600,000 in permanently restricted net assets.

Total assets as reported include $3,682,424 invested in property, land, and equipment, net.



Source of Funds  
Contributions 896,657
Investment Income 279,380
Fundraising Events 216,728
Program Service Revenue 97,880
In-Kind Contributions 45,561
Other 18,674
Total Income $1,554,880


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Uses of Funds as a % of Total Expenses

Programs: 79%  Fund Raising: 12%  Administrative: 9% 

Total income   $1,554,880
  Program expenses $1,030,172
  Fund raising expenses 153,784
  Administrative expenses 123,115
 
Total expenses   $1,307,071
Income in Excess of Expenses   247,809
Beginning net assets   6,265,613
Ending net assets   6,513,422
Total liabilities   364,886
Total assets   $6,878,308


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