Better Business Bureau Report for
Spina Bifida Association of Kentucky

Better Business Bureau Report issued May 2018
Better Business Bureau Report expires May 2020


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: Spina Bifida Association of Kentucky
Address: 982 Eastern Parkway, Box 18
  Louisville, KY 40217
Phone: 502-637-7363
Web Address: www.sbak.org
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Better Business Bureau Comments

Year, State Incorporated: 1983, Kentucky
Affiliates: None
Stated Purpose: Spina Bifida Association of Kentucky's mission is to promote the prevention of Spina Bifida and enhance the lives of all affected.

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Evaluation Conclusions

              

Spina Bifida Association of Kentucky meets the 20 Standards for Charity Accountability.
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Programs

              

SBAK is a resource center for children, their families and adults affected by Spina Bifida. SBAK educates parents how to be the best advocates for their children, and helps children and adults overcome physical, learning, and social challenges to become successful and independent. SBAK also works to prevent Spina Bifida by educating childbearing women about the importance of folic acid.

For the fiscal year ended December 31, 2016, Spina Bifida Association of Kentucky's program expenses were:

  
Program Services 227,250
Total Program Expenses: $227,250
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Governance

              

Chief Executive : Erin Gillespie , Executive Director
Compensation*: 

Chair of the Board: Amanda Kremer
Chair's Profession / Business Affiliation: Senior Financial and Contract Auditor, LG&E/KU

Board Size: 8

Paid Staff Size: 4

*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, cause-related marketing.
Fund raising costs were 13% of related contributions. (Related contributions, which totaled $288,843, 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 Spina Bifida Association of Kentucky's audited financial statements for the fiscal year ended December 31, 2016.

Ending net assets as reported below include $162,537 in unrestricted net assets and $64,078 in temporarily restricted net assets.

Total assets as reported include $21,589 invested in furniture and equipment, net.

Source of Funds  
Contributions & Grants 233,579
Special Events 55,264
Investment Income 242
Total Income $289,085


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Uses of Funds as a % of Total Expenses

Programs: 74%  Fund Raising: 12%  Administrative: 14% 

Total income $289,085
Program expenses $227,250
Fund raising expenses 37,118
Administrative expenses 42,694
Total expenses $307,062
Expenses in Excess of Income (17,977)
Beginning net assets 244,592
Ending net assets 226,615
Total liabilities 6,787
Total assets $233,402


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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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