Better Business Bureau Report for
Virginia Mentoring Partnership

Better Business Bureau Report issued September 2010
Better Business Bureau Report expires September 2012


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


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Charity Contact Information

Name: Virginia Mentoring Partnership
Address: 10 East Franklin Street
Suite 302
  Richmond, VA 23219
Phone: 804-828-1536
Web Address: www.mentoring.org/virginia
Also known as:VMP
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Better Business Bureau Comments

Formerly known as:Virginia One to One

Year, State Incorporated: 1993, Virginia
Affiliates: None
Stated Purpose: To provide educational services to existing and developing mentoring programs to increase the number and quality of mentoring relationships for children and youth in the state of Virginia.

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Evaluation Conclusions

               

Virginia Mentoring Partnership meets the 20 Standards for Charity Accountability.
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Programs

               

VMP works throughout Virginia to increase the number of adults mentoring children and, more importantly, to help mentoring programs become more effective by: • Training volunteer mentors and program coordinators • Providing start-up and technical support for new groups that want to mentor children and youth • Serving as a clearinghouse and referral agency for individuals or groups of volunteers that wish to mentor young people • Offering a Resource Library with the latest, most comprehensive resources related to the mentoring movement and effective program management

For the fiscal year ended December 31, 2009, Virginia Mentoring Partnership's program expenses were:

  
Mentoring Activities 399,890
Total Program Expenses: $399,890
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Governance

               

Chief Executive : Jennifer J. S. Slabaugh, Ph.D., Executive Director
Compensation*:
 $94,281

Highest Paid Executive: Jennifer J. S. Slabaugh, Ph.D.,Executive Director
Compensation*: $94,281

Chair of the Board: Mr. Kym Grinnage
Chair's Profession / Business Affiliation: Station Manager WWBT

Board Size: 20

Paid Staff Size: 8

*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, grant proposals, internet
Fund raising costs were 16% of related contributions. (Related contributions, which totaled $486,835, 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 Virginia Mentoring Partnership's audited financial statements for the fiscal year ended December 31, 2009.

Source of Funds  
Grants 393,465
In-Kind Donations 85,915
Contibutions 50,870
Special Event 42,500
Fee for Services 25,435
Interest 12,640
Unrealized Loss -32
Loss on disposal Prop. -126
Total Income $610,667


chart



Uses of Funds as a % of Total Expenses

Programs: 74%  Fund Raising: 14%  Administrative: 12% 

Total income   $610,667
  Program expenses $399,890
  Fund raising expenses 77,627
  Administrative expenses 67,347
 
Total expenses   $544,864
Income in Excess of Expenses   65,803
Beginning net assets   615,821
Ending net assets   681,624
Total liabilities   94,010
Total assets   $775,634


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