Better Business Bureau Report for
Vision for Children at Risk, Inc.

Better Business Bureau Report issued March 2011
Better Business Bureau Report expires March 2013


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


Find out more about this charity:

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Charity Contact Information

Name: Vision for Children at Risk, Inc.
Address: 2433 N. Grand Blvd.
  St. Louis, MO 63106-1018
Phone: 314-534-6015
Web Address: www.visionforchildren.org
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Better Business Bureau Comments

Year, State Incorporated: 1999, Missouri
Affiliates: None
Stated Purpose: "exists to promote the well-being of children and youth in the St. Louis metropolitan area, targeting particularly those young people who face serious socio-economic risks. VCR works to ensure that the St. Louis community makes more effective, systematic provision for meeting the fundamental needs of all area children."

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Evaluation Conclusions

              

Vision for Children at Risk, Inc. (VCR) does not meet the following Standard for Charity Accountability.

Standard 11: Financial Statements - Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $500,000, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $500,000, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.

The organization does not meet this Standard because it did not have an audit completed. 

Vision for Children at Risk, Inc. (VCR) meets the remaining 19 Standards for Charity Accountability.
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Programs

              

• Research: Producing data and information assessing needs of children that helps the community design policies and programs and target resources most effectively. Every two years, VCR publishes the Children of Metropolitan St. Louis report containing comprehensive data on over 25 indicators of child well-being. • Collaborative Action: Providing leadership to facilitate the development of new programs and policies improving services to children. The St. Louis Metropolitan Children’s Agenda, coordinated by Vision for Children at Risk, contains some 25 strategies targeting priority needs of children ranging from health and education to early childhood and family support. Programs and policies developed through the Children’s Agenda serve tens of thousands of children annually and have attracted over $20 million in funding to the region. Some 300 children's agencies and community organizations participate in the Children's Agenda. • Advocacy: Advancing greater civic, business and community support for children’s services. This includes building relationships and partnerships with business, civic and government leaders, as well as holding the St. Louis Metropolitan Children’s Summit daylong conference every three years.

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

  
Programs 443,273
Total Program Expenses: $443,273
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Governance

              

Chief Executive : Richard Patton, Director
Compensation*: 
$67,348

Chair of the Board: Meredith Anderson
Chair's Profession / Business Affiliation: Community Relations Officer, First Bank

Board Size: 17

Paid Staff Size: 5

*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
Fund raising costs were % of related contributions. (Related contributions, which totaled $551,688, 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 VCR's IRS Form 990 for the fiscal year ended December 31, 2009.

Source of Funds  
Contributions and grants 485,406
Program service revenue 66,282
Total Income $551,688


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Uses of Funds as a % of Total Expenses

Programs: 91%  Fund Raising: Less than 1%  Administrative: 9% 

Total income $551,688
Program expenses $443,273
Fund raising expenses 347
Administrative expenses 42,996
Total expenses $486,616
Income in Excess of Expenses 65,072
Beginning net assets (15,018)
Ending net assets 48,799
Total liabilities 29,884
Total assets $78,683


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