Day Spring
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
Day Spring meets the 20 Standards for Charity Accountability.
Stated Purpose:
The mission of Day Spring is to provide a path forward for adults with disabilities through services that cultivate hope, belonging, and community.
Year, State Incorporated:
1989, KY
Day Spring offers 24/7 Supports for Community Living residential supports through staffed residences, group homes, apartment living, and the Family Home Provider program. It also offers the College for Living, a private pay short-term residential program offering a college-like experience and life skill training.
For the year ended June 30, 2024, Day Spring's program expenses were:
| Program services | $3,682,716 |
| Total Program Expenses | $3,682,716 |
Chief Executive
Lauren Hays, Chief Executive Officer
Chair of the Board
Ms. Becca Krall
Chair's Profession / Business Affiliation
Retired, Disability Advocate
Board Size
18
Paid Staff Size
46
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 Day Spring's audited financial statements for the year ended June 30, 2024.
Source of Funds
| Medicaid revenue | $3,886,272 |
| Rents | $367,888 |
| Residents' food, transportation and other fees | $247,876 |
| Contributions | $215,250 |
| Special events, net | $139,257 |
| Medicaid claim waived | $119,102 |
| Unrealized gain on investments | $103,177 |
| Interest and dividend income, net | $61,282 |
| Miscellaneous | $10,868 |
| Total Income | $5,150,972 |
Programs: 70% Fundraising: 3% Administrative: 27%
| Total Income | $5,150,972 |
| Total expenses: | $5,264,962 |
| Program expenses | $3,682,716 |
| Fundraising expenses | $152,145 |
| Administrative expenses | $1,430,101 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-113,990 |
| Beginning Net Assets | $3,941,099 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $3,827,109 |
| Total Liabilities | $576,316 |
| Total Assets | $4,403,425 |
Total assets as reported above include $2,266,827 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.
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 Greater Kentucky and South Central Indiana