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CHARITY REVIEW
Issued: May 2025 Expires: May 2027

Center for Neighborhoods

Accredited Charity
Accredited Charity

Meets Standards
(502) 589-0343
1126 Berry Blvd Ste 300
Louisville, KY, 40215-2702
http://www.centerforneighborhoods.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

Center for Neighborhoods meets the 20 Standards for Charity Accountability.

Stated Purpose:
Connecting people to create vibrant neighborhoods.

Year, State Incorporated:
1972, KY

The core strategies that guide Center for Neighborhoods’ work – Education & Engagement, Planning & Economic Development, and Policy – align with its Theory of Change and are designed to advance community transformation at scale. The Center’s core offering is Education & Engagement. This is how it meets new residents, reconnects with past participants and policymakers, and builds a shared language for community change. Classes, summits, and leadership programs engage at least 450 residents each year and are the start of many long and impactful relationships. Next, the Center’s role as a neighborhood planner involves assisting communities in developing vision plans, land use strategies, and economic development roadmaps that align with resident priorities. This investment work enables communities to mobilize resources effectively and implement transformative projects such as affordable housing initiatives, small business incubators, and public space revitalization efforts. The Center’s Economic Development work supports residents and organizations through neighborhood planning, project development, financing strategies, and implementation support. But more critically, it serves as a bridge—linking community groups with developers, government, philanthropy, and other capital partners to unlock real investment. Policy is the capstone of the Center’s work to ensure that community-led transformation is not only possible but supported, sustained, and institutionalized. Lastly, education programs embed policy literacy, connecting residents to decision-making systems. The nonprofit’s planning and development projects highlight systemic challenges that need policy solutions. And the Center is well-positioned to elevate local voices into regional and state-level policy conversations.

For the year ended June 30, 2023, Center for Neighborhoods's program expenses were:

Program services $355,975
Total Program Expenses $355,975

Chief Executive
Mikal Forbush, Executive Director

Chair of the Board
Mr. Andre Kimo Stone Guess

Chair's Profession / Business Affiliation
President & CEO, Fund for the Arts

Board Size
9

Paid Staff Size
4

Method(s) Used:
Grant proposals

% of Related Contributions on Fundraising: 5.01%

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 Center for Neighborhoods's audited financial statements for the year ended June 30, 2023.

Source of Funds
Contributions and grants $389,575
Program revenue $37,926
Special events $8,140
Other income $5,210
Total Income $440,851

Programs: 68% Fundraising: 4% Administrative: 28%

Total Income $440,851
Total expenses: $522,717
  Program expenses $355,975
  Fundraising expenses $19,932
  Administrative expenses $146,810
  Other expenses $0
Income in Excess of Expenses $-81,866
Beginning Net Assets $161,143
Other Changes In Net Assets $0
Ending Net Assets $79,277
Total Liabilities $356,814
Total Assets $436,091
Ending net assets as reported above are without donor restrictions.

Total assets as reported above include $1,525 in property 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