Better Business Bureau Report for
UrbanFUTURE

Better Business Bureau Report issued July 2011
Better Business Bureau Report expires July 2012


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: UrbanFUTURE
Address: 3145 S. Grand Blvd.
Suite A
  St. Louis, MO 63118
Phone: 314-776-3434
Web Address: www.urbanfuturestl.org
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Better Business Bureau Comments

Formerly known as:Meramec Educational Foundation

Year, State Incorporated: 1996, Missouri
Affiliates: None
Stated Purpose: UrbanFUTURE, in partnership with family, school and community, is dedicated to the success of urban youth through character growth, academic achievement and career preparation.

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Evaluation Conclusions

              

UrbanFUTURE (UF) meets the 20 Standards for Charity Accountability.
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Programs

              

UrbanFUTURE helps 4th through 8th grade urban students prepare to succeed in high school and beyond by: • Supporting parents in taking a leadership role in their children’s education • Restoring an educational collaboration between the classroom and the home • Positioning the community as an integral part of the educational process

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

  
Programs 466,937
Total Program Expenses: $466,937
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Governance

              

Chief Executive : Frank Van Bree, President and CEO
Compensation*:
$77,046

Chair of the Board: Alisse Camazine
Chair's Profession / Business Affiliation: Partner - Paule, Camazine & Blumenthol, P.C.

Board Size: 8

Paid Staff Size: 10

*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, grant proposals, internet, personal meeting
Fund raising costs were 14% of related contributions. (Related contributions, which totaled $582,492, 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 UF's audited financial statements for the fiscal year ended December 31, 2010.

Source of Funds  
Contributions 416,420
Grants 166,072
Program service revenues 9,197
Miscellaneous income 1,678
Total Income $593,367


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Uses of Funds as a % of Total Expenses

Programs: 67%  Fund Raising: 12%  Administrative: 21% 

Total income   $593,367
  Program expenses $466,937
  Fund raising expenses 83,910
  Administrative expenses 146,932
 
Total expenses   $697,779
Expenses in Excess of Income   (104,412)
Beginning net assets   69,325
Ending net assets   (35,087)
Total liabilities   195,848
Total assets   $160,761


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