Better Business Bureau Report for
Fern Creek Highview United Ministries

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


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Fern Creek Highview United Ministries
Address: 9300 Beulah Church Road
  Louisville, KY 40291
Phone: 502-762-9608
Web Address: www.fchum.org
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Better Business Bureau Comments

Year, State Incorporated: 1988, Kentucky
Affiliates: None
Stated Purpose: To unite the community in providing needed social services primarily to persons in the Fern Creek/Highview area, to improve the quality of life, and to provide programs and activities that will foster human growth and development without regard to race, creed, marital status, or disability.

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Evaluation Conclusions

              

Fern Creek Highview United Ministries does not meet the following Standard for Charity Accountability.

Standard 11: Financial Statements - 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.

Fern Creek Highview United Ministries states that it does not have audited financial statements for the past fiscal year.

Fern Creek Highview United Ministries meets the remaining 19 Standards for Charity Accountability.
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Programs

              

Fern Creek Highview United Ministries provides food, financial help for utilities and rent, and counseling on life processes. In addition, FCHUM is a state licensed health model Adult Day Care, operating from 8-5 during the week.

For the fiscal year ended June 30, 2016, Fern Creek Highview United Ministries's program expenses were:

  
Program services 437,756
Total Program Expenses: $437,756
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Governance

              

Chief Executive : Ron Loughry, Executive Director
Compensation*: 
$56,000

Chair of the Board: Byron Myrick
Chair's Profession / Business Affiliation: church member

Board Size: 23

Paid Staff Size: 9

*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 direct mail, invitations to fund raising events, grant proposals, and internet appeals. Fern Creek Highview United Ministries also receives financial support from member churches.
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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 Fern Creek Highview United Ministries's IRS Form 990 for the fiscal year ended June 30, 2016.

Ending net assets as reported below are unrestricted net assets.

Ending net assets as reported below include $541,494 in land, building and equipment, net.


Source of Funds  
Contributions, gifts, grants, and similar amounts received 251,190
Program service revenue 192,382
Government grants 63,000
Fundraising events 44,146
Investment income 8,352
Total Income $559,070


chart



Uses of Funds as a % of Total Expenses

Programs: 83%    Administrative: 17% 

Total income $559,070
Program expenses $437,756
Fund raising expenses 0
Administrative expenses 89,376
Total expenses $527,132
Income in Excess of Expenses 31,938
Beginning net assets 757,897
Ending net assets 789,835
Total liabilities 7,213
Total assets $797,048

This BBB report was originally issued in March 2016. Financial information in the report was updated in January 2017 based on the June 30, 2016 IRS Form 990.

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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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