Better Business Bureau Report for
Better Family Life, Inc.

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


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


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Charity Contact Information

Name: Better Family Life, Inc.
Address: 724 N. Union Boulevard
Suite 301
  St. Louis, MO 63108
Phone: 314-367-3440
Web Address: www.betterfamilylife.org
Also known as:Better Family Mortgage Corporation
Family Realty Company
BFL Staffing Services, LLC
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Better Business Bureau Comments

Year, State Incorporated: 1984, Missouri
Affiliates: None
Stated Purpose: BFL is a community development corporation dedicated to the prosperity and growth of the American family.

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Evaluation Conclusions

               

Better Family Life, Inc. (BFL) meets the 20 Standards for Charity Accountability.
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Programs

               

Better Family Life has continuously addressed the needs of St. Louis’ low to moderate income citizens. It has served over 25,000 people and advanced them from joblessness to skilled employees, from homelessness to home owners, and crime makers to purposeful community contributors. BFL takes great pride in having achieved what many said couldn’t be done. With dignity and quality services, it works to create sustainability based on culturally and educationally relevant principles.

For the fiscal year ended December 31, 2008, BFL's program expenses were:

  
Project Respect/Work Link 3,083,527
Family and Youth Passport 2,253,162
Community Outreach 1,233,912
Housing and Other Programs 835,805
Case Management Coordination 351,496
Cultural Arts Programs 172,516
Cultural Center 29,564
Total Program Expenses: $7,959,982
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Governance

               

Chief Executive : Malik Ahmed, CEO
Compensation*:
 $115,865

Chair of the Board: Mr. George Hairston
Chair's Profession / Business Affiliation: Regional Vice President, Primerica Financial

Board Size: 8

Paid Staff Size: 105

*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, telephone, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet
Fund raising costs were 17% of related contributions. (Related contributions, which totaled $767,970, 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 BFL's audited financial statements for the year ended December 31, 2008.

Source of Funds  
Grant and contract revenue 7,323,066
Program service fees 804,286
Public support and donations 323,670
Special events 223,279
In kind donations 216,670
Miscellaneous 30,111
Interest revenue and dividends 16,500
Commission income 4,351
Membership fees 4,290
Unrealized gain on investments -53,302
Total Income $8,892,921


chart



Uses of Funds as a % of Total Expenses

Programs: 90%  Fund Raising: 1%  Administrative: 9% 

Total income   $8,892,921
  Program expenses $7,959,982
  Fund raising expenses 131,934
  Administrative expenses 763,305
 
Total expenses   $8,855,221
Income in Excess of Expenses   37,700
Beginning net assets   2,376,062
Ending net assets   2,404,185
Total liabilities   1,153,277
Total assets   $3,557,462


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BBB Membership

              

This organization is a member of the Better Business Bureau. 

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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.

This report is not to be used for fund raising or promotional purposes.