Bounce Children's Foundation
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
Bounce Children's Foundation does not meet the following 2 Standards for Charity Accountability:
Standard 11 (Financial Statements)
Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $1 million, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $1 million, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.
Bounce Children's Foundation does not meet this standard because:
Organization does not have CPA-reviewed financial statements.
Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
Bounce Children's Foundation does not meet this standard because:
Organization's annual report is missing a board roster and financial figures.
Bounce Children's Foundation meets the remaining 18 Standards for Charity Accountability.
Stated Purpose:
Bounce Children's Foundation transforms the lives of chronically ill children, and their families, shifting all from surviving to thriving.
Year, State Incorporated:
2015, IL
Bounce Bash events are designed to enable participation from children with complex medical needs. Kids and their families come together to form an extended Bounce Family and experience a much-needed break from their reality of scary doctor visits, painful therapies, and the nasty side effects of treatment. Bounce Bash events provide face-to-face opportunities to feel safe, accepted and ‘normal’ within the community.
Bounce It Forward invites individuals and organizations to ‘pay it forward’ by donating tickets to sporting, theatre and other events for use by Bounce kids & families. This provides unexpected moments of fun and restores spirit and optimism for families experiencing the negative emotional impact of frequent medical intervention.
Bounce Back Kits are fun-filled kits are sent to families in times of serious medical intervention (when families are ‘locked in’ at home before surgery, after chemo, during flare ups, etc.) or to recognize important milestones, holidays or birthdays in the family. These spirit-boosting packages include things like board games, videos, coupons for a movie rental and pizza, arts & craft kits and decorations.
Bounce Academy offers education sessions for parents/caregivers to enhance their abilities to cope financially, intellectually, emotionally and psychologically—all while their children are supervised close by, safe and entertained so parents don’t have to worry about leaving kids at home.
Bounce Net is a safe space online for parents/caregivers to form a virtual community of shared support. Join our private Facebook Group today and start sharing resources, comparing notes, and bolstering one another whenever and wherever.
For the year ended June 30, 2023, Bounce Children's Foundation's program expenses were:
| Bounce Back Kits | $362,392 |
| Bounce Bash | $88,322 |
| Other program services | $84,167 |
| Bounce It Forward | $18,323 |
| Total Program Expenses | $553,204 |
Chief Executive
Joan Steltmann, CEO
Chair of the Board
Robert Lucas, Board Chairperson
Chair's Profession / Business Affiliation
Hammond Group LLC
Board Size
14
Paid Staff Size
4
Method(s) Used:
Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.), 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 Bounce Children's Foundation's IRS Form 990 for the year ended June 30, 2023.
Source of Funds
| Contributions and grants | $439,721 |
| Other revenue | $123,876 |
| Total Income | $563,597 |
Programs: 83% Fundraising: 12% Administrative: 5%
| Total Income | $563,597 |
| Total expenses: | $667,244 |
| Program expenses | $553,204 |
| Fundraising expenses | $80,164 |
| Administrative expenses | $33,876 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-103,647 |
| Beginning Net Assets | $209,432 |
| Other Changes In Net Assets | $29,250 |
| Ending Net Assets | $135,035 |
| Total Liabilities | $102,106 |
| Total Assets | $237,141 |
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 of Chicago & Northern Illinois