Standard 2: Number of Board Members - Soliciting organizations shall have a board of directors with a minimum of five voting members.
UBCF does not meet this Standard because:
- The organization does not have a minimum of 5 voting board members.
Standard 4: Compensated Board Members - Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.
UBCF does not meet this Standard because:
- All members of the 3 member board of directors are compensated either directly or indirectly. Specifically, one member is a paid staff person and two are the father and brother of that paid staff person.
- The paid chief executive officer also serves as the chair of the board of directors.
- The treasurer of the board of directors is indirectly compensated as the brother of the paid chief executive officer.
Standard 8: Program Service Expense Ratio - Spend at least 65% of its total expenses on program activities.
UBCF does not meet this Standard because:
- According to the its audited financial statements for the year ended December 31, 2008, the organization spent $985,313 or 41% of its total expenses ($2,428,818) on program service activities.
Standard 9: Fund Raising Expense Ratio - Spending should be no more than 35% of related contributions on fund raising. Related contributions include donations, legacies, and other gifts received as a result of fund raising efforts.
UBCF does not meet this Standard because:
- According to its audited financial statements for the year ended December 31, 2008, the organization's fund raising costs were 48% ($1,181,992) of related contributions, which totaled $2,485,395.