Better Business Bureau Report for
Pakt Community Resource Center, Inc.

Better Business Bureau Report issued June 2008
Better Business Bureau Report expires June 2009


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: Pakt Community Resource Center, Inc.
Address: 21 Wesley Avenue
  Ferguson, MO 63135
Phone: 314-524-2710
314-524-2714
Web Address: www.paktcenter.org
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Better Business Bureau Comments

Year, State Incorporated: 1971, Missouri
Affiliates: None
Stated Purpose: exists to unite Christian congregations and individuals in a Christ-centered service organization to provide basic material, health, recreational and educational programs for individuals and families in need.

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Evaluation Conclusions

               

Pakt Community Resource Center, Inc. (PAKT) meets the 20 Standards for Charity Accountability.
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Programs

               

Pakt was incorporated to confront the issues of poverty in Kinloch, and in North St. Louis, County, Missouri. It helps families with emergency food assistance, rent and utility assistance, and with Christmas toys. It also has after-school art and tutoring programs, a summer day camp, and health screenings for senior citizens.

For the fiscal year ended December 31, 2007, PAKT's program expenses were:

  
Programs 237,591
Total Program Expenses: $237,591
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Governance

               

Chief Executive : Anita Wilder, Executive Director
Compensation*:
 $73,634

Chair of the Board: Raymond Woods
Chair's Profession / Business Affiliation: Retired

Board Size: 17

Paid Staff Size: 9

*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 7% of related contributions. (Related contributions, which totaled $246,667, 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 PAKT's audited financial statements for the fiscal year ended December 31, 2007.

Source of Funds  
Contributions United Way 129,621
Contributions Congregations and Organizations 36,732
Contributions Other 36,188
Grants 27,407
Interest 18,471
Fundraising 12,869
In-Kind Donations 3,850
Other 798
Unrealized Loss on Investments -19,045
Total Income $246,891


chart



Uses of Funds as a % of Total Expenses

Programs: 74%  Fund Raising: 6%  Administrative: 20% 

Total income   $246,891
  Program expenses $237,591
  Fund raising expenses 17,522
  Administrative expenses 63,399
 
Total expenses   $318,512
Expenses in Excess of Income   (71,621)
Beginning net assets   502,779
Ending net assets   431,158
Total liabilities   15,884
Total assets   $447,042


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