Better Business Bureau Report for
Sunrise Children's Services

Better Business Bureau Report issued November 2011
Better Business Bureau Report expires November 2012


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: Sunrise Children's Services
Address: 300 Hope Street
  Mount Washington, KY 40047
Phone: 502-538-1000
800-456-1386
Web Address: www.sunrise.org
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Better Business Bureau Comments

Year, State Incorporated: 1954, Kentucky
Affiliates: None
Stated Purpose: Sunrise Children’s Services provides care and hope for hurting families and children.

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Evaluation Conclusions

               

Sunrise Children's Services meets the 20 Standards for Charity Accountability.
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Programs

               

Sunrise is a home for children who have been abused and neglected — children whose lives have been scarred by unspeakable physical, sexual, and emotional abuse — and who have been removed from their homes. Our goal every day is to provide a place of refuge, of hope, of love, and of healing to these children whose lives have been devastated.

For the fiscal year ended August 31, 2011, Sunrise Children's Services's program expenses were:

  
Program Services 20,898,879
Total Program Expenses: $20,898,879
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Governance

               

Chief Executive : William K. Smithwick, President and CEO
Compensation*:

Chair of the Board: Armon H. "Trip" Fetter, III
Chair's Profession / Business Affiliation: UPS Pilot

Board Size: 24

Paid Staff Size: 345

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Fund Raising

               

Method(s) Used:

Methods of fund raising include direct mail, invitations to fund raising events, grant proposals, internet, and planned giving arrangements.
Fund raising costs were 21% of related contributions. (Related contributions, which totaled $3,592,087, 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 Sunrise Children's Services's audited financial statements for the fiscal year ended August 31, 2011.

Ending net assets as reported below include $21,029,968 in unrestricted net assets , $1,712,321 in temporarily restricted net assets, and $14,932,640 in permanently restricted net assets.

Total assets as reported include $17,481,520 invested in property and equipment, net.


Source of Funds  
Program service revenue 18,437,653
Contributions and bequests 3,560,501
Net realized and unrealized gains on investments 1,137,952
Change in fair value of funds held in trust 691,721
Interest and dividend income 515,625
Miscellaneous revenue 148,307
Capital campaign contributions 31,586
Actuarial loss on anuity obligations -24,381
Interest expense -202,046
Total Income $24,296,918


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Uses of Funds as a % of Total Expenses

Programs: 84%  Fund Raising: 3%  Administrative: 12%  Other Expenses: 1%

Total income   $24,296,918
  Program expenses $20,898,879
  Fund raising expenses 746,458
  Administrative expenses 3,019,744
  Other Expenses 134,344
Total expenses   $24,799,425
Expenses in Excess of Income   (502,507)
Beginning net assets   38,177,436
Ending net assets   37,674,929
Total liabilities   6,988,215
Total assets   $44,663,144


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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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