Better Business Bureau Report for
Center for Nonprofit Excellence

Better Business Bureau Report issued December 2016
Better Business Bureau Report expires December 2018


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: Center for Nonprofit Excellence
Address: 323 W. Broadway, Suite 501
  Louisville, KY 40202
Phone: 502-315-2673
Web Address: www.cnpe.org
Also known as:CNPE
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Better Business Bureau Comments

Year, State Incorporated: 2002, Kentucky
Affiliates: None
Stated Purpose: To co-create a vibrant, exemplary nonprofit community in Greater Louisville through collaboration, shared learning, advocacy, and the promotion of innovation and excellence

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Evaluation Conclusions

              

Center for Nonprofit Excellence (CNPE) meets the 20 Standards for Charity Accountability.
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Programs

              

The Center for Nonprofit Excellence (CNPE) is the Louisville region’s single, one-stop shop for nonprofit management support organization information, training, consultation and networking. CNPE serves all nonprofits in the Louisville region regardless of mission. CNPE focuses on best practices and standards that allow nonprofits to make the most of their limited resources. In turn, our work helps the wider community realize the largest possible return on their investment (ROI) in the civic sector.

For the fiscal year ended June 30, 2016, CNPE's program expenses were:

  
Program services 626,341
Total Program Expenses: $626,341
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Governance

              

Chief Executive : Gregory Nielsen, Chief Executive Officer
Compensation*: 
$125,000

Chair of the Board: Alfonso Cornish
Chair's Profession / Business Affiliation: Chief Learning Officer

Board Size: 18

Paid Staff Size: 6

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

Methods of fund raising include grants and planned giving arrangements. CNPE also generates revenue from membership dues and consulting fees.

In addition, CNPE is a Metro United Way member agency.

Fund raising costs were 5% of related contributions. (Related contributions, which totaled $510,447, 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 CNPE's audited financial statements for the fiscal year ended June 30, 2016.

Ending net assets as reported below include $335,465 in unrestricted net assets and $23,210 in temporarily restricted net assets.

Total assets as reported include $21,158 invested in furniture and equipment.


Source of Funds  
Contributions and grants 389,633
Training and consulting services 213,998
Membership Dues 109,114
Annual conference and special activities 88,936
In-kind contributions 11,700
Interest income 194
Total Income $813,575


chart



Uses of Funds as a % of Total Expenses

Programs: 84%  Fund Raising: 4%  Administrative: 12% 

Total income $813,575
Program expenses $626,341
Fund raising expenses 26,751
Administrative expenses 87,679
Total expenses $740,771
Income in Excess of Expenses 72,804
Beginning net assets 285,871
Ending net assets 358,675
Total liabilities 102,979
Total assets $461,654


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

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

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