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CHARITY REVIEW
Issued: April 2026 Expires: April 2028

Friends School

Accredited Charity
Accredited Charity

Meets Standards
(502) 899-1822
901 Breckenridge Lane
Louisville, KY, 40207
https://www.friendslouisville.com/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Friends School meets the 20 Standards for Charity Accountability.

Stated Purpose:
Friends School is a nonprofit, nonsectarian, cooperative school. Its mission is to provide an inclusive, noncompetitive, student-centered, dynamic educational program where individual differences are respected and celebrated.

Year, State Incorporated:
1991, KY

Since its inception in 1980, Friends School has operated with inclusion as the core of its mission.  As an inclusive school serving students ages infancy through 8th grade, it does not segregate students with special needs into self-contained classrooms, but rather, the entire student population is fully integrated into the classroom setting, and are encouraged to learn, contribute, and participate in all aspects of school life together. 

The goals of a Friends School education are that every student feels a sense of belonging, meets high expectations, develops meaningful social relationships, and gains an appreciation for diversity and equality. About 40% of students have identified disabilities, including but not limited to, autism, ADHD, learning disabilities, Down Syndrome, Cerebral Palsy, Spina Bifida, anxiety, emotional and behavioral disorders, and other developmental delays. 

Through this program, developmentally appropriate instruction is provided, along with individualized classroom support, and increased resources are provided for students with moderate to severe challenges. This integrated, motivating approach deeply engages the student and nurtures a love of learning, personal growth, and involvement in the world. 

Friends School is proud to serve and make a meaningful difference in the lives of students and families that were unable to be served by other programs in the Louisville community. With small class sizes, highly educated and experienced teachers, an engaged and innovative special needs team, and a commitment to meeting each childs individual needs, Friends School is a truly unique learning community.

For the year ended June 30, 2024, Friends School's program expenses were:

Academic Programs $1,808,996
Auxilary programs $448,054
Student activities $2,834
Total Program Expenses $2,259,884

Chief Executive
Kristina Christensen, Head of School

Chair of the Board
Lisa Munzenrider

Chair's Profession / Business Affiliation
Humana

Board Size
8

Method(s) Used:
Print advertisements (newspapers, magazines, etc.), Television, Grant proposals, Cause-related marketing (affinity credit cards, consumer product sales, etc.)

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.

The following information is based on Friends School's audited financial statements for the year ended June 30, 2024.

Source of Funds
Tuition and fees, net of financial aid and discounts $2,086,466
Auxilary programs $403,236
Interest $30,380
Donations $27,566
Fundraising $26,500
Grants $17,500
Other $4,736
Total Income $2,596,384

Programs: 76% Fundraising: 0% Administrative: 24%

Total Income $2,596,384
Total expenses: $2,976,148
  Program expenses $2,259,884
  Fundraising expenses $1,500
  Administrative expenses $714,764
  Other expenses $0
Income in Excess of Expenses $-379,764
Beginning Net Assets $977,585
Other Changes In Net Assets $0
Ending Net Assets $597,821
Total Liabilities $346,601
Total Assets $944,422
Ending net assets as reported above are unrestricted.

Total assets as reported above include $74,247 in property, buildings, and equipment, net.

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 International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB serving Greater Kentucky and South Central Indiana