Friends School
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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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, 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 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 child’s individual needs, Friends School is a unique learning community.
For the year ended June 30, 2023, Friends School's program expenses were:
| Program services | $1,695,768 |
| Total Program Expenses | $1,695,768 |
Chief Executive
Kristina Christensen, Head of School
Chair of the Board
Ms. Lisa Munzenrider
Chair's Profession / Business Affiliation
Humana
Board Size
10
Paid Staff Size
49
Method(s) Used:
Invitations to fund raising events, Grant proposals
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, 2023.
Source of Funds
| Tuition | $1,873,421 |
| Other | $348,753 |
| Fundraising and donations | $87,240 |
| Registration fees | $38,093 |
| Grants | $25,805 |
| Annual/Capital Campaign | $763 |
| Total Income | $2,374,075 |
Programs: 76% Fundraising: 0% Administrative: 24%
| Total Income | $2,374,075 |
| Total expenses: | $2,229,693 |
| Program expenses | $1,695,768 |
| Fundraising expenses | $3,712 |
| Administrative expenses | $530,213 |
| Other expenses | $0 |
| Income in Excess of Expenses | $144,382 |
| Beginning Net Assets | $826,270 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $970,652 |
| Total Liabilities | $295,196 |
| Total Assets | $1,265,848 |
Total assets as reported above include $16,405 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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Meets Standards
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Standards Not Met
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Review in Progress
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Unable to Verify
Report completed by:
BBB serving Greater Kentucky and South Central Indiana