Kate's Kart
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
Kate's Kart meets the 20 Standards for Charity Accountability.
Stated Purpose:
Kate's Kart strives to provide a comforting diversion to hospitalized children and their families, and to foster a love of books, and ultimately literacy, by encouraging children to read and parents to read to their children.
Year, State Incorporated:
2008, IN
The organization provides school age children the opportunity and resources to continue and to maintain the reading process during absence from formal classroom instruction. Allows a pediatric patient the opportunity to make a choice in an environment where the child has little control over his or her day. Gives Neonatal Intensive Care Unit parents a way to interact with their babies, including those they cannot touch or hold. Encourages all parents of pediatric patients to promote lifelong reading habits for their children while also providing comfort and positive distraction during a difficult and frightening time. Educates parents of newborns that no child is too young to be read to and that reading to a child at any age helps build vocabulary and is a way of bonding.
For the year ended December 31, 2023, Kate's Kart's program expenses were:
| Programs | $330,505 |
| Total Program Expenses | $330,505 |
Chief Executive
Krista Layman, Executive Director
Compensation*
$66,589
Chair of the Board
Trent Diller, Senior Vice President/Agency Partner
Chair's Profession / Business Affiliation
Insurance Management Group (IMG)
Board Size
10
Paid Staff Size
2
* 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, Print advertisements (newspapers, magazines, etc.), Television, Radio, Grant proposals, Internet, Appeals via Social Media (Facebook, 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 Kate's Kart's audited financial statements for the year ended December 31, 2023.
Source of Funds
| Individual Donations | $166,365 |
| Foundation Grants | $153,270 |
| Event Sponsorships | $100,487 |
| In-Kind Donations | $76,572 |
| Corporate Donations | $60,625 |
| Investment Income | $7,259 |
| Miscellaneous | $3,950 |
| Total Income | $568,528 |
Programs: 71% Fundraising: 18% Administrative: 10%
| Total Income | $568,528 |
| Total expenses: | $463,500 |
| Program expenses | $330,505 |
| Fundraising expenses | $84,942 |
| Administrative expenses | $48,053 |
| Other expenses | $0 |
| Income in Excess of Expenses | $105,028 |
| Beginning Net Assets | $564,931 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $669,959 |
| Total Liabilities | $0 |
| Total Assets | $669,959 |
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.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Serving Northern Indiana