Better Business Bureau Report for
YWCA of Richmond

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


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


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Charity Contact Information

Name: YWCA of Richmond
Address: 6 North 5th Street
  Richmond, VA 23219
Phone: 804-643-6761
Web Address: www.ywcarichmond.org
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Better Business Bureau Comments

Year, State Incorporated: 1890, Virginia
Affiliates: None
Stated Purpose: The YWCA of Richmond serves at-risk children with quality, comprehensive early childhood education and victims of domestic and sexual violence with rescue, recovery, and life-rebuilding programs that foster emotional, social, and economic stability. Our vision is of a community that protects the vulnerable, reaches out to those in need, honors personal courage, celebrates women's successes, and embraces diversity and equality.

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Evaluation Conclusions

              

YWCA of Richmond meets the 20 Standards for Charity Accountability.
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Programs

              

We serve victims of domestic violence throughout the Greater Richmond area to include counties of Chesterfield, Hanover, Henrico, and City of Richmond; all services are free to clients. The program offers a 24-hour crisis hotline, confidentially-located emergency shelter, as well as a transitional housing program designed to assist survivors in reaching self-sustainability. Currently we house 25 to 30 beds for women and children in crisis. The YWCA of Richmond provides individual, in-person crisis counseling as well as group support to primary and secondary sexual assault victims. Our hospital accompaniment volunteers receive comprehensive intervention trainings with topics including crisis stabilization, sexual violence, stalking, advocacy, and multiculturalism before working with survivors of violence in a hospital setting. They are often one of the first people to arrive and offer support after a woman has been raped or abused. Also, the program offers support and education around this difficult subject. The Child Development Center at the YWCA is one of Richmond’s largest Head Start sites, earning accreditation from the National Association for the Education of Young Children (NAEYC) in 2006. For the 2010-11 school term, we are serving 117 children ages three to five years each weekday with full-day, year-round comprehensive preschool programming. In addition to preschool, wrap around and summer programs are provided for homeless children and others, when space is available, to include before and after-school care. Our goal is enhancing their academic and social skills with an emphasis on school readiness. All children have the right to quality preschool education.

For the fiscal year ended June 30, 2010, YWCA of Richmond's program expenses were:

  
Women's Advocacy 1,178,594
Child Care 864,675
Total Program Expenses: $2,043,269
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Governance

              

Chief Executive : Cassandra Emery, Executive Director/CEO
Compensation*:
$90,000

Chair of the Board: Sharon McGinty
Chair's Profession / Business Affiliation: Senior Vice President/Capital One

Board Size: 28

Paid Staff Size: 48

*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, print advertisements, grant proposals, internet
Fund raising costs were 15% of related contributions. (Related contributions, which totaled $1,477,822, 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 YWCA of Richmond's audited financial statements for the fiscal year ended June 30, 2010.

Source of Funds  
Government Grants 435,647
Contributions and Grants 370,415
Program Service Fees 323,358
United Way Services 300,828
Investment Income (loss) 187,451
Special Events, OWA Luncheon 143,362
Municipality Grants 138,150
In-kind Contributions 89,420
Trust Fund Distributions 75,763
Miscellaneous Income 19,126
Total Income $2,083,520


chart



Uses of Funds as a % of Total Expenses

Programs: 80%  Fund Raising: 9%  Administrative: 11% 

Total income   $2,083,520
  Program expenses $2,043,269
  Fund raising expenses 223,996
  Administrative expenses 279,137
 
Total expenses   $2,546,402
Expenses in Excess of Income   (462,882)
Beginning net assets   4,683,148
Ending net assets   4,220,266
Total liabilities   127,971
Total assets   $4,348,237


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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.

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