Charity Review

Issued: September 2017 Expires: September 2019

Charity Seal Holder

ChildSavers

Meets Standards
 
(804) 644-9590 200 N. 22nd Street, Richmond VA 23223 www.childsavers.org
  1. Conclusions
  2. Purpose
  3. Programs
  4. Governance & Staff
  5. Fund Raising
  6. Tax Status
  7. Financial
Conclusions Purpose

To guide our community’s children through life’s critical moments with trauma-informed mental health and child development services.

Incorporated: 1924 in VA

Also Known As: Memorial Child Guidance Clinic

Programs

ChildSavers, founded in 1924 as the Children's Memorial Clinic, is dedicated to ensuring the healthy development of central Virginia's children through these program areas:

 

Outpatient Therapy: Unresolved childhood mental health issues have been linked to poor academic performance, high dropout rates, and an increased use of public services later in life (i.e., more tax dollars spent on incarceration and criminal justice, welfare, etc.). Our professional clinicians are trained in trauma informed care and use evidenced based tools to work with children and adolescents ages 2 -17, regardless of their families' ability to pay. Specialized therapies include art therapy, sand tray therapy, and animal-assisted Play therapy.

 

Immediate Response: Responding to children's needs in the immediate aftermath of traumatic events or mental health crises can help prevent, or decrease the severity, of future mental health and behavioral problems. Our immediate response team responds to traumatic scenes as well as crises. Crisis services are supportive and short term. The goal is to make appropriate referrals, either internally or externally, to longer term care and to prevent hospitalization.

 

Child Development Services: The first few years of a child's life are critical to his or her development and future success. Our highly qualified early childhood specialists provide a broad range of support services to the adults who care for and educate preschool children. Services include: professional development training, credentialing, mentoring and nutrition education.

 

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


Mental Health Services:                                 $1,640,166
Child Development Services:                         $1,703,797
Total Program Expenses:                            $3,343,963

Governance & Staff

CEO: Mr. L. Robert Bolling, CEO

Board Chair: Clayton A. DeArment Esquire Business Affiliation: Troutman Sanders

Board Size: 21

Staff: 40

Fund Raising
Method(s) used: Direct Mail Appeals Invitations to Fundraising Events Grant Proposals Internet Appeals Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 10.39%

Other solicitation methods included appeals for program-related children’s toys.


Fundraising costs of $318,348 were 10.39% of related contributions. (Related contributions, which totaled $3,063,329, are donations received as a result of fundraising activities.)


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

The following information is based on ChildSavers Audited Financial Statements for the fiscal year ending Thursday, June 30, 2016.

Source of Funds
Contributions $728,384
Program contracts $327,150
Grants $751,795
Endowment Fund of Memorial Child Guidance Clinic, Inc. $178,039
United States Department of Agriculture programs $957,746
United Way services $168,750
Clinic fees $801,004
Preventive services, training, and consulting fees $26,068
Other income $13,320
Gain on sale of investments $3,850
Unrealized loss on investments ($24,335)
Investment income $20,604
Virginia Department of Social Services revenue $278,615
Total Income: $4,230,990
 
Fusion Chart
 
Program Expenses: $3,343,963
Fundraising Expenses: $318,348
Administrative Expenses: $577,045
Total Expenses: $4,239,356
 
Income in Excess of Expenses: ($8,366)
 
Beginning Net Assets: $1,147,498
Ending Net Assets: $1,139,132
Total Liabilities: $325,900
Total Assets: $1,465,032


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 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.

Standards Legend

  • Meets Standards IconMeets Standards
  • Standards Not Met IconStandards Not Met
  • Did Not Disclose IconDid Not Disclose
  • Review in Progress IconReview in Progress
  • Unable to Verify IconUnable to Verify
Close

Standard 1: Board Oversight


Description:

Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.

Close

Standard 2: Board Size


Description:

Soliciting organizations shall have a board of directors with a minimum of five voting members.

Close

Standard 3: Board Meetings


Description:

An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

Close

Standard 4: Board Compensation


Description:

Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.

Close

Standard 5: Conflict of Interest


Description:

No transaction(s) in which any board or staff members have material conflicting interests with the charity resulting from any relationship or business affiliation. Factors that will be considered when concluding whether or not a related party transaction constitutes a conflict of interest and if such a conflict is material, include, but are not limited to: any arm's length procedures established by the charity; the size of the transaction relative to like expenses of the charity; whether the interested party participated in the board vote on the transaction; if competitive bids were sought and whether the transaction is one-time, recurring or ongoing.

Close

Standard 6: Effectiveness Policy


Description:

Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

Close

Standard 7: Effectiveness Report


Description:

Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

Close

Standard 8: Program Expenses


Description:

Spend at least 65% of its total expenses on program activities.

Close

Standard 9: Fund Raising Expenses


Description:

Spending should be no more than 35% of related contributions on fund raising. Related contributions include donations, legacies, and other gifts received as a result of fund raising efforts.

Close

Standard 10: Accumulating Funds


Description:

Avoid accumulating funds that could be used for current program activities. To meet this standard, the charity's unrestricted net assets available for use should not be more than three times the size of the past year's expenses or three times the size of the current year's budget, whichever is higher.

Close

Standard 11: Audit Report


Description:

Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $500,000, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $500,000, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.

Close

Standard 12: Detailed Expense Breakdown


Description:

Include in the financial statements a breakdown of expenses (e.g., salaries, travel, postage, etc.) that shows what portion of these expenses was allocated to program, fund raising, and administrative activities. If the charity has more than one major program category, the schedule should provide a breakdown for each category.

Close

Standard 13: Accurate Expense Reporting


Description:

Accurately report the charity's expenses, including any joint cost allocations, in its financial statements. For example, audited or unaudited statements which inaccurately claim zero fund raising expenses or otherwise understate the amount a charity spends on fund raising, and/or overstate the amount it spends on programs will not meet this standard.

Close

Standard 14: Budget Plan


Description:

Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.

Close

Standard 15: Truthful Materials


Description:

Have solicitations and informational materials, distributed by any means, that are accurate, truthful and not misleading, both in whole and in part. Appeals that omit a clear description of program(s) for which contributions are sought will not meet this standard. A charity should also be able to substantiate that the timing and nature of its expenditures are in accordance with what is stated, expressed, or implied in the charity's solicitations.

Close

Standard 16: Annual Report


Description:

Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

Close

Standard 17: Website Disclosures


Description:

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.

Close

Standard 18: Donor Privacy


Description:

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 the 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.

Close

Standard 19: Cause Marketing Disclosures


Description:

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).

Close

Standard 20: Complaints


Description:

Respond promptly to and act on complaints brought to its attention by the BBB Wise Giving Alliance and/or local Better Business Bureaus about fund raising practices, privacy policy violations and/or other issues.