Better Business Bureau

Charity Contact Information BBB Wise Giving Alliance Comments Programs

Tax Status Governance Fund Raising Financial

Name:	Balanced Mind Foundation
Address:	566 West Lake Street Suite 430
	Chicago, IL 60661
Phone:	847-492-8519
Web Address:	www.thebalancedmind.org

Balanced Mind Foundation (BMF) does not meet the following Standard for Charity Accountability.

Standard 7: Board Approval of Written Report on Effectiveness - Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions. BMF does not meet this Standard because: It did not produce a written report outlining the results of its most recent effectiveness assessment.

BMF meets the remaining 19 Standards for Charity Accountability.

BMF provides a family helpline, moderated support groups and message boards where parents can reach out to others with questions, concerns or advice. The organization reports that its family helpline is comprised of approximately 75 trained volunteer parents who are currently raising, or who have raised, children diagnosed with bipolar disorder or severe depression. The volunteer parents are trained in disseminating technical information, providing emotional support, and connecting parents and caregivers with resources they need. Similarly, online support groups moderators are trained volunteers with at least 4 months experience working in an online support group setting. They provide resources, guidance, and support to users. The organization also provides online podcasts and blogs geared specifically towards helping teens and individuals in their 20's to understand depression and bipolar disorder. Two ten-minute podcasts are uploaded each week, typically consisting of interviews with young people who have overcome adversity.

For the fiscal year ended June 30, 2011, CABF's program expenses were:

Program services	455,752
Total Program Expenses:	$455,752

Chief Executive : Susan Resko, Executive Director

Compensation*:

$88,591

Chair of the Board: Susan Madian
Chair's Profession / Business Affiliation: Social Worker

Co-Chair of the Board : Robin Prunty

Chair's Profession / Business Affiliation: Accountant

Board Size: 13

Paid Staff Size: 7

*July 1, 2010 - June 30, 2011 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:

Direct mail, grant proposals, Internet appeals, and membership appeals.

Fund raising costs were 14% of related contributions. (Related contributions, which totaled $627,021, are donations received as a result of fund raising activities.)

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.

The following information is based on BMF's audited financial statements for the fiscal year ended June 30, 2011.

Source of Funds
Donations	330,918
Grants	292,001
Fundraising, net	4,102
Miscellaneous	3,224
Product sales	2,400
Research studies	1,675
Interest	539
Total Income	$634,859

Uses of Funds as a % of Total Expenses

Programs: 83%  Fund Raising: 15%  Administrative: 2%

Total income				$634,859
	Program expenses			$455,752
	Fund raising expenses			85,372
	Administrative expenses			9,935
Total expenses				$551,059
Income in Excess of Expenses				83,800
Beginning net assets				247,256
Ending net assets				331,056
Total liabilities				31,338
Total assets				$362,394