Better Business Bureau Report for
Faith In Practice

Better Business Bureau Report issued April 2015
Better Business Bureau Report expires April 2016


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: Faith In Practice
Address: 7500 Beechnut St., Suite 208
  Houston, TX 77074
Phone: 713-484-5555
Web Address: www.faithinpractice.org
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Better Business Bureau Comments

Year, State Incorporated: 1994, Texas
Affiliates: None
Stated Purpose: The mission of Faith In Practice is to improve the physical, spiritual, and economic conditions of the poor in Guatemala through short-term surgical, medical and dental mission trips and health-related educational programs.

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Evaluation Conclusions

              

Faith In Practice meets the 20 Standards for Charity Accountability.
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Programs

              

Faith In Practice organizes and manages volunteers to provide medical, surgical, dental and related health educational services in Central America. In the last fiscal year, faith in practice volunteers saw approximately 16,500 patients in medical clinics, performed over 4,000 surgeries and procedures, treated approximately 3,800 dental patients, screened nearly 3,000 patients for cervical cancer, and treated more than 160 cervical patients with cryotherapy.

For the fiscal year ended August 31, 2014, Faith In Practice's program expenses were:

  
Total Program Expenses: $
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Governance

              

Chief Executive : Rev. Linda McCarty, President and CEO
Compensation*: 
$129,666

Chair of the Board: Norman Lewis - Chair
Chair's Profession / Business Affiliation: Independent Business Consultant

Board Size: 24

Paid Staff Size: 45

*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 5% of related contributions. (Related contributions, which totaled $9,893,112, 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 Faith In Practice's audited financial statements for the fiscal year ended August 31, 2014.

Source of Funds  
In-Kind contributions 7,557,940
Contributions 2,335,172
Mission trip fees 1,082,221
Realized gain on investments 92,190
Interest and dividends 51,838
Unrealized gain on investments 18,273
Total Income $11,137,634


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Uses of Funds as a % of Total Expenses

Programs: 92%  Fund Raising: 4%  Administrative: 4% 

Total income $11,137,634
Program expenses $9,758,671
Fund raising expenses 445,768
Administrative expenses 463,858
Total expenses $10,668,297
Income in Excess of Expenses 469,337
Beginning net assets 3,183,714
Ending net assets 3,653,051
Total liabilities 347,198
Total assets $4,000,249


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Complaints

              

The BBB has processed no customer complaints on this charity in its three year reporting period.

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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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