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CHARITY REVIEW
Issued: January 2025 Expires: January 2026

St Vincent Home for Children

Accredited Charity
Accredited Charity

Meets Standards
(314) 261-6011
7401 Florissant Road
Saint Louis, MO, 63121-4835
https://thecorecollectivestl.org/
📄 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

St Vincent Home for Children meets the 20 Standards for Charity Accountability.

Stated Purpose:
We are on a mission to make wellbeing the standard for St. Louis. We improve healthcare for families, advance socioeconomic equity, and activate conscious leaders.

Year, State Incorporated:
1851, MO

Also Known As:
The Core Collective at Saint Vincent

Each year, The Core Collective at Saint Vincent (The CC) helps 500+ at-risk youth ages 6-under 22 who need intensive support to heal from trauma and adverse experiences. Through Trauma-Informed Care, The CC places trauma focus at the center of understanding client experiences/behaviors. *Transitional Living Program – 18-month, two-tiered program including congregate care and supervised apartments serving homeless youth ages 16-under 22 who need assistance in creating a path to successful adulthood. *Community-Based Services – Early intervention therapy to address mental and behavioral health symptoms and relationship issues for youth ages 6-19 and their families. *Street Outreach – CC staff travel to locations where unhoused and at-risk youth congregate, provide basic needs support, and connect youth to shelter and other resources. *The Hub – Youth and community center offering recreational activities and connections to resources such as housing, healthcare, and other basic needs.

For the year ended December 31, 2023, St Vincent Home for Children's program expenses were:

Programs $3,129,511
Total Program Expenses $3,129,511

Chief Executive
Latosha Fowlkes, Executive Director

Compensation*
$149,715

Chair of the Board
Mary Ellen Ponder, Community Volunteer

Chair's Profession / Business Affiliation

Board Size
10

Paid Staff Size
40

* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 10.23%

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 St Vincent Home for Children's audited financial statements for the year ended December 31, 2023.

Source of Funds
Contributions and Grants $2,276,141
Fee for Services $1,314,260
Fundraising $150,399
United Way $95,646
Miscellaneous $38,095
Investment Loss $-112,440
Total Income $3,762,101

Programs: 79% Fundraising: 6% Administrative: 15%

Total Income $3,762,101
Total expenses: $3,975,955
  Program expenses $3,129,511
  Fundraising expenses $258,012
  Administrative expenses $588,432
  Other expenses $0
Income in Excess of Expenses $-213,854
Beginning Net Assets $4,367,447
Other Changes In Net Assets $0
Ending Net Assets $4,153,593
Total Liabilities $159,607
Total Assets $4,313,200

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 of Eastern & Southwest Missouri & Southern Illinois