Better Business Bureau Report for
SHARP Literacy Inc

Better Business Bureau Report issued October 2015
Better Business Bureau Report expires October 2017


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


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Charity Contact Information

Name: SHARP Literacy Inc
Address: 5775 N Glen Park Rd Ste 202
  Milwaukee, WI 53209
Phone: 414-977-1768
Web Address: http://www.sharpliteracy.org/
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Better Business Bureau Comments

Year, State Incorporated: 1999, Wisconsin
Affiliates: None
Stated Purpose: SHARP Literacy enhances future life success by energizing urban children, motivating them to identify themselves as confident, capable scholars and lifelong learners by inspiring engagement in reading, writing and research through hands-on interaction and visual arts.

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Evaluation Conclusions

              

SHARP Literacy Inc meets the 20 Standards for Charity Accountability.
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Programs

              

The SHARP Literacy program is designed to help teachers associate art history and visual arts with the required science and social studies curricula to help students improve reading, writing, researching and verbal expression. These programs include: - Teacher Input & Training Teacher Workshops and In-Services allow for collaborative creation of the grade-appropriate lesson plans and workbooks, and also provide training in preparation for the upcoming school year. - Classroom Resources 1. Workbooks: SHARP provides every student and teacher a workbook that conforms to Wisconsin Model Academic Standards and uses the arts to help students understand and define words and concepts in their respective curricula. ? K5: Science — Plants ? First grade: Science — Bees ? Second grade: Science — Great Lakes ? Third grade: Social Studies — Urban Agriculture ? Fourth grade: Social Studies — Wisconsin ? Fifth grade: Social Studies — Building a Nation 2. Fall and Spring In-School Presentations: SHARP staff go into classrooms and present material that reinforces vocabulary words and prepares students for their field studies at Lynden Sculpture Garden, Museum of Wisconsin Art (MOWA), Discovery World, Growing Power, and the Milwaukee Art Museum and also the Writing Challenge. 3. Writing Challenge: SHARP students produce stories, poems and essays that are published as Creative Writing Books. The books are cherished by the student writers and their families. Curriculum-based Field Studies - SHARP students attend field studies at Lynden Sculpture Garden, Museum of Wisconsin Art (MOWA), Discovery World, Growing Power, and the Milwaukee Art Museum which are led by SHARP-trained docents. - Parental Involvement - Family Achievement Recognition Events for each grade level encourage students to present to an audience of their families and peers, and celebrate what they have learned at the end of each school year. SHARP also offers Parent Workshops throughout the year to engage parents in the program.

For the fiscal year ended June 30, 2014, SHARP Literacy Inc's program expenses were:

  
Program Services 693,116
Total Program Expenses: $693,116
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Governance

              

Chief Executive : Lynda Kohler, President/CEO
Compensation*: 

Chair of the Board: Doug Erlacher
Chair's Profession / Business Affiliation:

Board Size: 24

Paid Staff Size: 17

*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, print advertisements, grant proposals
Fund raising costs were 10% of related contributions. (Related contributions, which totaled $1,035,427, 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 SHARP Literacy Inc's audited financial statements for the fiscal year ended June 30, 2014.

Source of Funds  
Foundation Grants 625,200
Special Events 313,620
Investment Income 163,404
Contributions 59,736
In-Kind Revenue 36,871
Revenue from Schools Program Fees 11,063
Book Sales (Net) 6,323
Cost of Goods Sold -1,292
Write Down Inventory -13,876
Special Event Expenses -69,338
Total Income $1,131,711


chart



Uses of Funds as a % of Total Expenses

Programs: 76%  Fund Raising: 12%  Administrative: 12% 

Total income $1,131,711
Program expenses $693,116
Fund raising expenses 107,533
Administrative expenses 105,241
Total expenses $905,890
Income in Excess of Expenses 225,821
Beginning net assets 2,152,074
Ending net assets 2,377,895
Total liabilities 33,139
Total assets $2,411,034


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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.

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