BBB Wise Giving Report for
Lubuto Library Project

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


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


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Charity Contact Information

Name: Lubuto Library Project
Address: 5505 Connecticut Avenue, NW, #368
  Washington, DC 20015-2601
Phone: 202-558-5609
Web Address: www.lubuto.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 2005, District of Columbia
Affiliates: None
Stated Purpose: "to create educational opportunities and a better life for street children, orphans and other vulnerable children affected by HIV/AIDS."

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Evaluation Conclusions

               

Lubuto Library Project (LLP) meets the 20 Standards for Charity Accountability.
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Programs

               

LLP creates and catalogues book collections in the U.S. through the support of community and educational centers and ships them as a shelf-ready 4,000-volume collection to indigenously-styled library compounds, built to LLP’s design specifications. The libraries partner with local social service agencies, including street children’s shelters and orphanages. In line with this, they are housed in structures designed to provide a profound, safe and welcoming space. The target group is vulnerable African boys and girls and young adults of both genders from ages 5 to 18, in both rural and urban areas.

For the year ended December 31, 2009, LLP's program expenses were:

  
Program services 251,327
Total Program Expenses: $251,327
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Governance

               

Chief Executive : Jane Kinney Meyers, President
Compensation*:
 $

Highest Paid Executive: Eleni Coromvli,Regional Program Director
Compensation*: $33,910

Chair of the Board: Jane Kinney Meyers
Chair's Profession / Business Affiliation: President, Lubuto Library Project

Board Size: 9

Paid Staff Size: 2

*2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. LLP reports that Ms. Meyers receives no compensation.
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Fund Raising

               

Method(s) Used:

Direct mail, special events, print advertisements, grant proposals, Internet appeals, and planned giving.
Fund raising costs were 1% of related contributions. (Related contributions, which totaled $398,876, 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 LLP's audited financial statements for the year ended December 31, 2009.

Source of Funds  
Contributed support 169,533
Corporate donation 61,538
Grant-SOCLI 52,093
Individual donations 42,775
Contributed books 41,948
Foundation grants 14,204
Corporate/organization donation 10,195
Contributed computers 4,990
Other income 2,354
Foundation donations 1,200
Individual donations 400
Total Income $401,230


chart



Uses of Funds as a % of Total Expenses

Programs: 91%  Fund Raising: 1%  Administrative: 8% 

Total income   $401,230
  Program expenses $251,327
  Fund raising expenses 3,299
  Administrative expenses 23,346
 
Total expenses   $277,972
Income in Excess of Expenses   123,258
Beginning net assets   91,799
Ending net assets   215,057
Total liabilities   9,708
Total assets   $224,765

Note: According to LLP, the organization received in-kind contributions in the amount of $152,009 including consulting ($68,000), professional services ($43,675), communication ($16,110), staff ($8,178), rent ($5,876), Zambian consulting ($3,960), and accounting ($960).

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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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