Better Business Bureau Report for
The Children's Place Association

Better Business Bureau Report issued April 2014
Better Business Bureau Report expires April 2016


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: The Children's Place Association
Address: 1436 W. Randolph St., 5th floor
  Chicago, IL 60607
Phone: 312-733-9954
Web Address: http://www.childrens-place.org
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Better Business Bureau Comments

Year, State Incorporated: 1989, Illinois
Affiliates: The Children’s Place Housing Corporation, The Children’s Place Home Health Corporation, Children’s Place Community Living LLC, The Children’s Place Foundation , The Children’s Place International NFP
Stated Purpose: The mission of The Children's Place Association is to improve the present and secure the future for children, youth and families confronted by HIV/AIDS or other life-changing health conditions.

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Evaluation Conclusions

              

The Children's Place Association meets the 20 Standards for Charity Accountability.
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Programs

              

In 1991 The Children's Place opened the Midwest’s first residential facility providing 24-hour nursing care for HIV/AIDS-affected children. Evolving over two decades to address the changing needs of children and families challenged by poverty and illness, programs include the Residential Center, which today serves children with a wide range of medical conditions; case management; mental health counseling; a summer camp for HIV-affected children; recreation and support groups, foster care and adoption services; child abuse/neglect prevention; supportive family housing, emergency assistance, early childhood education; and food, medical and educational assistance for HIV/AIDS-affected children and families in Haiti. The Children's Place reached 360 Chicago-area individuals and 400+ individuals in Haiti during its most recently completed fiscal year, FY 2013 (7/1/2012 – 6/30/2013).

For the fiscal year ended June 30, 2013, The Children's Place Association's program expenses were:

  
Total Program Expenses: $
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Governance

              

Chief Executive : Cathy Krieger, President & CEO
Compensation*: 
$147,743

Chair of the Board: Kathleen Ryan Sellew
Chair's Profession / Business Affiliation: Managing Director, Marsh USA Inc.

Board Size: 15

Paid Staff Size: 92

*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
Fund raising costs were 6% of related contributions. (Related contributions, which totaled $5,955,610, 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 The Children's Place Association's audited financial statements for the fiscal year ended June 30, 2013.

Source of Funds  
Revenue and Grants from government agencies 5,340,731
Special Events 336,390
Contributions 146,795
net assets released from restrictions 144,388
Other grants and contributions 131,694
Investment income (loss) 117,359
Other revenues 12,024
Total Income $6,229,381


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Uses of Funds as a % of Total Expenses

Programs: 85%  Fund Raising: 6%  Administrative: 9% 

Total income $6,229,381
Program expenses $5,495,407
Fund raising expenses 379,155
Administrative expenses 550,382
Total expenses $6,424,944
Expenses in Excess of Income (195,563)
Beginning net assets 3,899,527
Ending net assets 3,703,964
Total liabilities 1,124,038
Total assets $4,828,002


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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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