Better Business Bureau Report for
Reliv Kalogris Foundation

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


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: Reliv Kalogris Foundation
Address: 136 Chesterfield Industrial Blvd
PO Box 405
  Chesterfield, MO 63006-0405
Phone: 636-733-1300
Web Address: www.relivkalogrisfoundation.org
Also known as:n/a
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Better Business Bureau Comments

Formerly known as:Kalogris Foundation

Year, State Incorporated: 1994, Illinois
Affiliates: None
Stated Purpose: "exists to "Nourish Our World" by providing nutritional supplements to support needy individuals and organizations throughout the world."

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Evaluation Conclusions

               

Reliv Kalogris Foundation (RKF) 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 $250,000, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $250,000, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $100,000, an internally produced, complete financial statement is sufficient to meet this standard.

RKF does not meet this Standard because:

  • Its audited financial statements were not prepared in accordance with Generally Accepted Accounting Principles (GAAP).
Reliv Kalogris Foundation (RKF) meets the remaining 19 Standards for Charity Accountability.
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Programs

               

Since 1995, the Kalogris Foundation has distributed more than $23 million in nutritional support, in over 270 feeding programs and feeding over 42,000 daily, giving strong testimony to the power of individuals to collectively make a difference in people’s lives.

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

  
Program Services 959,856
Total Program Expenses: $959,856
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Governance

               

Chief Executive : Reggie Ament, Executive Director
Compensation*:
 $73,867

Chair of the Board: R. Scott Montgomery, Chairman
Chair's Profession / Business Affiliation: Executive VP & Chief Operating Officer, Relìv International

Board Size: 6

Paid Staff Size: 3

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. The Foundation pays no salaries. Reliv International covers the salaries of the 2 full time and 1 part time employee to the Foundation.
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Fund Raising

               

Method(s) Used:

direct mail
Fund raising costs were 3% of related contributions. (Related contributions, which totaled $967,428, 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 RKF's audited financial statements for the fiscal year ended December 31, 2009.

Source of Funds  
Contributions 911,649
Fundraising 47,810
Interest 8,186
Sponsor Donation 7,969
Total Income $975,614


chart



Uses of Funds as a % of Total Expenses

Programs: 95%  Fund Raising: 3%  Administrative: 2% 

Total income   $975,614
  Program expenses $959,856
  Fund raising expenses 31,625
  Administrative expenses 16,581
 
Total expenses   $1,008,062
Expenses in Excess of Income   (32,448)
Beginning net assets   739,158
Ending net assets   706,710
Total liabilities  
Total assets   $706,710


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