BBB Wise Giving Report for
National Center for Family Literacy

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


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


Find out more about this charity:

Back To Top

Charity Contact Information

Name: National Center for Family Literacy
Address: 325 West Main Street, Suite 300
  Louisville, KY 40202-4237
Phone: 502-584-1133
877-326-5481
Web Address: www.famlit.org
Back To Top

BBB Wise Giving Alliance Comments

Year, State Incorporated: 1989, Kentucky
Affiliates: None
Stated Purpose: "to create a literate nation be leveraging the power of the family."

Back To Top

Evaluation Conclusions

               

National Center for Family Literacy (NCFL) meets the 20 Standards for Charity Accountability.
Back To Top

Programs

               

NCFL’s work aims to benefit families, teachers, programs and communities by creating an understanding of low literacy and its impact on families; developing interventions that break the cycle of low literacy; creating solutions to learning English for the nation’s immigrant population; developing tools for educators; providing resources for families to help them build literacy into their daily lives; and designing strategic programs for communities to provide literacy services to large numbers of families.

For the fiscal year ended June 30, 2008, NCFL's program expenses were:

  
Literacy programs 6,655,444
Total Program Expenses: $6,655,444
Back To Top

Governance

               

Chief Executive : Sharon Darling, President and Founder
Compensation*:
 $205,525

Chair of the Board: David Verble
Chair's Profession / Business Affiliation: Partner, Verble, Worth & Verble

Board Size: 9

Paid Staff Size: 39

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

Fund Raising

               

Method(s) Used:

Direct mail, special events, print advertisements, grant proposals, Internet appeals, and cause-related marketing.
Fund raising costs were 7% of related contributions. (Related contributions, which totaled $3,929,301, are donations received as a result of fund raising activities.)
Back To Top

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.
Back To Top

Financial

               

The following information is based on NCFL's audited financial statements for the year ended June 30, 2008.

Source of Funds  
Grant and gift income 3,587,506
Contract services and registration fee income 2,025,040
Other income 351,268
Federal grant income 341,795
Investment income -474,336
Total Income $5,831,273


chart



Uses of Funds as a % of Total Expenses

Programs: 84%  Fund Raising: 4%  Administrative: 12% 

Total income   $5,831,273
  Program expenses $6,655,444
  Fund raising expenses 287,282
  Administrative expenses 932,686
 
Total expenses   $7,875,412
Expenses in Excess of Income   (2,044,139)
Beginning net assets   16,811,029
Ending net assets   14,766,890
Total liabilities   425,142
Total assets   $15,192,032


Back To Top

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.

Send to:



What is an Accredited Charity