Better Business Bureau Report for
Sunrise Children's Services

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


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:Kentucky Baptist Convention, Children's Alliance of Kentucky Sunrise's affiliation with the Kentucky Baptist Convention dates back to 1869. In addition, Sunrise is a member of the Children's Alliance of Kentucky and works in conjunction with over 30 childcare agencies statewide serving at-risk youth and families.
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, 2013, Sunrise Children's Services's program expenses were:

  
Program Expenses 20,681,278
Total Program Expenses: $20,681,278
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Governance

              

Chief Executive : Dale Suttles, Interim President
Compensation*: 

Chair of the Board: William A. Hurley
Chair's Profession / Business Affiliation: Corporate Executive

Board Size: 24

Paid Staff Size: 380

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Fund Raising

              

Method(s) Used:

Methods of fund raising include direct mail, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet, and planned giving arrangements.
Fund raising costs were 19% of related contributions. (Related contributions, which totaled $3,824,312, 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, 2013.

Ending net assets as reported below include $18,509,211 in unrestricted net assets , $1,874,775 in temporarily restricted net assets, and $15,852,137 in permanently restricted net assets.

Total assets as reported include $16,330,628 invested in property and equipment, net.

Audited financial statements for the year ending August 31, 2013 show that Sunrise Children’s Services lost $2,484,657 in operations which was significantly offset by investment gains.


Source of Funds  
Resident support 18,588,643
Contributions and bequests 3,132,231
Net realized and unrealized gains on investments 752,262
Change in fair value of funds held in trust 691,231
Interest and dividend income 557,109
Miscellaneous revenue 124,636
Capital campaign contributions 850
Actuarial loss on annuity obligations -34,458
Interest expense -124,096
Total Income $23,688,408


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Uses of Funds as a % of Total Expenses

Programs: 86%  Fund Raising: 3%  Administrative: 11% 

Total income $23,688,408
Program expenses $20,681,278
Fund raising expenses 737,772
Administrative expenses 2,595,884
Total expenses $24,014,934
Expenses in Excess of Income (326,526)
Beginning net assets 36,547,863
Ending net assets 36,221,337
Total liabilities 7,837,033
Total assets $44,058,370


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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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