BBB Charity Review

Start Business Review
BBB Reliability Report for

Charlotte Area Fund Inc.

 
 

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: Charlotte Area Fund Inc.
Phone: (704) 372-3010
Fax: (704) 344-1655
Address: PO Box 34188
Charlotte, NC 28234-4188
Website: www.charlotteareafund.org
Report Creation Date: March 15, 2013
Report Expiration Date: June 25, 2017
Principal: Ms. Karen B. Browning, Executive Director
Customer Contact: Ms. Karen B. Browning, Executive Director - (704) 372-3010 or
File Open Date: January 2004
Type of Business: Charity - Local

Stated Purpose

The purpose of this organization is to combat poverty by providing a variety of services to assist the economically disadvantaged residents of Mecklenburg County with achieving self-sufficiency.


Evaluation Conclusions

This organization has been evaluated according to the 20 BBB Standards for Charity Accountability. Donors must decide for themselves the relative importance of the Standards in question.

The following 3 Standards for Charity Accountability were either not in effect or did not apply to this charity at the time of the evaluation.

17:Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.

Charlotte Area Fund does not solicit contributions on its website.

18:Address privacy concerns of donors by: (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.

Charlotte Area Fund does not request personal information on its website.

19:Clearly disclose how the charity benefits from the sale of products or services (i.e., cause-related marketing) that state or imply that a charity will benefit from a consumer sale or transaction. Such promotions should disclose, at the point of solicitation: (a) the actual or anticipated portion of the purchase price that will benefit the charity (e.g., 5 cents will be contributed to abc charity for every xyz company product sold), (b) the duration of the campaign (e.g., the month of October), (c) any maximum or guaranteed minimum contribution amount (e.g., up to a maximum of $200,000).

Charlotte Area Fund does not engage in promotional sales of products or services.

Charlotte Area Fund Inc. meets the remaining 17 Standards for Charity Accountability.


Programs

This organization' programs and activities include employment counseling, vocational skills training, computer training, GED preparation, basic skills upgrade, job development and placement, income management, budget counseling, nutrition assistance and limited crisis intervention.

Total Program Expenses:$877,342

Governance

Chief Executive Officer:Karen Bracket Browning
Board Size:29
Paid Staff Size:20 Full Time.

Fund Raising

Method(s) Used:This organization's primary method of fundraising is through grant proposals.


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 Charlotte Area Fund Inc.'s IRS 990 for the year ended June 30, 2011:

Income
 Total Income:$1,095,580
 
Expenses  % of total
Expenses
% of total
Income
 Programs:$877,342 79.27%80.08%
 Fund Raising:$0 0.00%0.00%
 Administrative:$229,374 20.73%20.94%
 Other:$0 0.00%0.00%
 Total Expenses:$1,106,716
 
* Excess of Expenses over Income$11,136
Ending Net Assets:$75,544

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


Additional Contact Information

Additional Addresses
901 N Tryon St
Charlotte, NC  28206-3283


ID: 116660
Report as of September 2, 2015 13:24
Copyright© 2015 Better Business Bureau


An organization may change its practices at any time without notice. Donors must decide for themselves the significance of any variation from BBB Standards, taking into account the relative importance of the practice in question in the context of the organization's total performance.

This report reflects the results of an evaluation of informational materials provided voluntarily by the organization. The report is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgement.

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


As a matter of policy, BBB does not endorse any product, service or business.

BBB Business Reviews are provided solely to assist you in exercising your own best judgment. Information in this BBB Business Review is believed reliable but not guaranteed as to accuracy.

BBB Business Reviews generally cover a three-year reporting period. BBB Business Reviews are subject to change at any time.

X

What is a BBB Business Review?

We offer free reviews on businesses that include background, licensing, consumer experience and other information such as governmental actions that is known to BBB. These reviews are provided for businesses that are BBB accredited and also for businesses that are not BBB accredited.

X

BBB Reporting Policy

As a matter of policy, BBB does not endorse any product, service or business.

BBB Business Reviews are provided solely to assist you in exercising your own best judgment. Information in this BBB Business Review is believed reliable but not guaranteed as to accuracy.

BBB Business Reviews generally cover a three-year reporting period. BBB Business Reviews are subject to change at any time.