BBB Wise Giving Report for
Adopt-A-Classroom

BBB Wise Giving Report issued August 2011
BBB Wise Giving Report expires August 2013


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Adopt-A-Classroom
Address: 4141 Northeast 2nd Avenue,
Suite 203B
  Miami, FL 33137
Phone: 877-444-7666
305-674-4470
Web Address: www.adoptaclassroom.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1998, Florida
Affiliates: None

Stated Purpose: "to increase opportunity for student success by empowering teachers with community partners and funds to purchase resources for the classroom."

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Evaluation Conclusions

               

Adopt-A-Classroom (AAC) does not meet the following Standard for Charity Accountability.

Standard 3: Frequency and Attendance of Board Meetings - An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

AAC does not meet this Standard because:

  • The board meetings held in the fiscal year ended June 30, 2011 were not evenly spaced throughout that time period.  AAC held board meetings in February, March and April 2011.  These meetings all occurred during the last 6 months of the organization's 2011 fiscal year.
Adopt-A-Classroom (AAC) meets the remaining 19 Standards for Charity Accountability.
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Programs

               

AAC solicits donations from individuals, foundations and corporations to assist teachers with purchasing classroom supplies and resources. Donors can choose a specific classroom to adopt or, in instances where no preference is expressed, AAC selects a classroom near the donor. Teachers and students send letters, art work, and e-mail to the donor, who is welcome to visit the adopted classroom

For the fiscal year ended June 30, 2010, AAC's program expenses were:

  
Classroom adoption 1,799,986
Total Program Expenses: $1,799,986
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Governance

               

Chief Executive : James Rosenberg, Founder and Executive Director
Compensation*:
 $154,052

Chair of the Board: John Oxendine
Chair's Profession / Business Affiliation: Chairman, President and CEO, Broadcast Capital, Inc.

Board Size: 12

Paid Staff Size: 6

*July 1, 2009 - June 30, 2010 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Special events, Internet appeals, and grant proposals.
Fund raising costs were 1% of related contributions. (Related contributions, which totaled $2,227,600, 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 AAC's audited financial statements for the fiscal year ended June 30, 2010.

Source of Funds  
Grants and general public 2,225,472
Change in present value of endowment fund 5,618
Investment income 2,388
Fundraising activities 2,128
Total Income $2,235,606


chart



Uses of Funds as a % of Total Expenses

Programs: 93%  Fund Raising: 2%  Administrative: 5% 

Total income   $2,235,606
  Program expenses $1,799,986
  Fund raising expenses 32,840
  Administrative expenses 88,994
 
Total expenses   $1,921,820
Income in Excess of Expenses   313,786
Beginning net assets   1,617,132
Ending net assets   1,930,918
Total liabilities   121,036
Total assets   $2,051,954


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Complaints

               

Number of complaints processed by the BBB in the last 36 months: 1

Privacy Issue

The organization addressed the complaint issue brought to its attention: 1

(These complaints involve individuals seeking to have their information removed from AAC's website due to privacy concerns.)

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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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