Better Business Bureau Report for
Good Samaritan Ministries, Ltd.

Better Business Bureau Report issued October 2011
Better Business Bureau Report expires February 2014


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


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Charity Contact Information

Name: Good Samaritan Ministries, Ltd.
Address: 2307 Hull Street
  Richmond, VA 23224
Phone: 804-231-9995
Web Address: www.goodsamaritanministry.com
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Better Business Bureau Comments

Year, State Incorporated: 1986, Virginia
Affiliates: None
Stated Purpose: Good Samaritan Ministries is a Christian mission dedicated to helping impoverished residents overcome homelessness, poverty, alcohol and drug dependency. Our year long program seeks to meet the physical, emotional and spiritual needs of our participants. The key to our success is character transformation, which is a spiritual process that begins when an individual acknowledges his sinfulness and helplessness, and accepts the redemptive sacrifice of Jesus Christ restoring him to fellowship with God.

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Evaluation Conclusions

              

Good Samaritan Ministries, Ltd. (GSM) meets the 20 Standards for Charity Accountability.
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Programs

              

We provide a residential substance abuse program that lasts for one year at no charge to participants. A work training program is provided to introduce the unemployed into the workplace. We offer transitional apartments (at no cost for unemployed and at below market rates for impoverished residents) for newly employed and homeless persons. We operate a food bank that collects & distributes excess food from area grocery stores. Holiday assistance is provided including Thanksgiving food baskets, Christmas meals, Christmas gifts, food and clothing for needy families. We also offer emergency assistance (food, household goods, clothing, money) for needy families. In the summer, we offer camping for children of public housing projects.

For the fiscal year ended December 31, 2010, GSM's program expenses were:

  
Shelter & Rehab 930,768
Thrift Stores 873,279
Christian School 323,194
Job Training 218,348
Auto Shop 133,213
Misc. programs 69,404
Total Program Expenses: $2,548,206
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Governance

              

Chief Executive : Michael D. McClary, Executive Director
Compensation*: 
$46,977

Chair of the Board: Board of Directors
Chair's Profession / Business Affiliation: Executive Vice President, Davenport & Co. LLC

Board Size: 9

Paid Staff Size: 22

*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, invitations to fund raising events, grant proposals, internet
Fund raising costs were 16% of related contributions. (Related contributions, which totaled $1,138,618, 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 GSM's audited financial statements for the fiscal year ended December 31, 2010.

Source of Funds  
Contributions 1,138,618
In-kind 720,054
Sales 523,681
Rents 241,130
Misc 3,959
Total Income $2,627,442


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Uses of Funds as a % of Total Expenses

Programs: 83%  Fund Raising: 6%  Administrative: 11% 

Total income $2,627,442
Program expenses $2,548,206
Fund raising expenses 178,368
Administrative expenses 332,893
Total expenses $3,059,467
Expenses in Excess of Income (432,025)
Beginning net assets 1,154,267
Ending net assets 722,242
Total liabilities 1,207,179
Total assets $1,929,421


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