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BBB Reliability Report for

Holy Angels, Inc.


A BBB Accredited Charity since 04/22/2010.


This BBB Accredited Charity meets all 20 Standards for Charity Accountability and is a Seal Holder.
BBB issues Charity Reports on all organizations, whether or not they are BBB accredited. If an organization is a BBB Accredited Charity, it is stated in this report.
Name: Holy Angels, Inc.
Phone: (704) 825-4161
Fax: (704) 825-0553
Address: PO Box 710
Belmont, NC 28012-0710
Yahoo Map
Website: www.holyangelsnc.org
Report Creation Date: December 30, 2014
Report Expiration Date: December 30, 2016
Principal: Ms. Regina Moody, President/CEO
Customer Contact: Ms. Regina Moody, President/CEO - (704) 825-4161 or
Employees: 190 Full Time.
File Open Date: September 2007
Type of Business: Charity - Local
BBB Accreditation: Holy Angels, Inc. is a BBB Accredited Charity.

Additional DBA Names

Holy Angels Services

Stated Purpose

Holy Angels Services is a place of loving, living, and learning and provides residential services and innovative programs for children and adults with mental retardation and physical disabilities, many of whom are medically fragile.


Evaluation Conclusions

This organization has been evaluated according to the 20 BBB Standards for Charity Accountability. This organization meets all those Standards and is a BBB Accredited Charity.


BBB Charity Seal Participation

Charities that meet the Standards for Charity Accountability are eligible to participate in BBB Wise Giving Alliance Charity Seal program. The seal, which can be displayed on the charity's web site and in printed materials, helps inform the public that the charity meets these standards. This organization participates in this program.


Programs

Holy Angel Services serves 90 children and adults ranging in age from birth to death. They provide a comprehensive developmental program that is focused on helping each resident achieve his/her full potential through special education, physical therapy, vocational opportunities and creative arts while caring for their complex medical needs.

Total Program Expenses:$11,063,191

Governance

Chief Executive Officer:Regina Moody, President/CEO
Board Size:19
Paid Staff Size:190 Full Time.

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.


Financial

According to Holy Angels, Inc.'s Audited Financial Statement for the year ended June 30, 2013:

Income
 Total Income:$11,967,912
 
Expenses  % of total
Expenses
% of total
Income
 Programs:$11,063,191 95.39%92.44%
 Fund Raising:$127,760 1.10%1.07%
 Administrative:$406,884 3.51%3.40%
 Other:$0 0.00%0.00%
 Total Expenses:$11,597,835
 
Excess of Income over Expenses$370,077
Ending Net Assets:$22,364,358
Total Assets$23,392,846
Total Liabilities$1,028,488

* Excess for the year indicates the portion of income remaining after expenses.


Additional Contact Information

Additional Addresses
6600 W Wilkinson Blvd
Belmont, NC  28012-2796


ID: 129121
Report as of April 24, 2015 07:29
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