BBB Wise Giving Report for
Coffee Kids

BBB Wise Giving Report issued November 2009
BBB Wise Giving Report expires November 2011


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Coffee Kids
Address: 1751 Old Pecos Trail, Suite K
  Santa Fe, NM 87505
Phone: 505-820-1443
800-334-9099
Web Address: www.coffeekids.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1988, Rhode Island
Affiliates: None
Stated Purpose: "to help coffee-farming families in Latin America improve the quality of their lives through the creation of community-based alternatives that provide income throughout the year."

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Evaluation Conclusions

               

Coffee Kids (CK) meets the 20 Standards for Charity Accountability.
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Programs

               

CK supports projects in education, health, economic diversification, and the community. CK’s programs include microlending, vegetable gardening, providing wood saving stoves and honey production. CK also partners with local organizations that help carry out the projects CK supports. The organization currently works with eleven partner organizations in the countries of Mexico, Guatemala, Nicaragua, Costa Rica and Peru.

For the fiscal year ended June 30, 2009, CK's program expenses were:

  
Program services 633,625
Total Program Expenses: $633,625
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Governance

               

Chief Executive : Carolyn Fairman, Executive Director
Compensation*:
 $75,414

Chair of the Board: Rob Stephen
Chair's Profession / Business Affiliation: President, CEO of Coffee Solutions

Board Size: 9

Paid Staff Size: 5

*July 1, 2007 - June 30, 2008 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Direct mail, print advertisements, radio, grant proposals, Internet appeals, cause-related marketing, and membership appeals.
Fund raising costs were 18% of related contributions. (Related contributions, which totaled $896,997, 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 CK's audited financial statements for the year ended June 30, 2009.

Source of Funds  
Business donations 775,353
Foundation grants 55,476
In-kind goods and services 35,384
Individual donations 30,784
Other income 13,407
Merchandise sales 2,586
Total Income $912,990


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Uses of Funds as a % of Total Expenses

Programs: 70%  Fund Raising: 18%  Administrative: 12% 

Total income   $912,990
  Program expenses $633,625
  Fund raising expenses 162,365
  Administrative expenses 106,613
 
Total expenses   $902,603
Income in Excess of Expenses   10,387
Beginning net assets   457,342
Ending net assets   467,729
Total liabilities   21,183
Total assets   $488,912

Note: CK reports receiving in-kind donations in the amount of $35,384. Included in this amount is $27,679 (advertising) and $7,705 (audit and fees).

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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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