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CHARITY REVIEW
Issued: February 2025 Expires: February 2027

Louisville Central Community Centers

Accredited Charity
Accredited Charity

Meets Standards
(502) 583-8821
1300 W Muhammad Ali Blvd
Louisville, KY, 40203-1744
https://www.lcccnews.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

Louisville Central Community Centers meets the 20 Standards for Charity Accountability.

Stated Purpose:
To advance equity through empowerment of economically disadvantaged children and families within Russell, nearby neighborhoods, and the larger community. LCCC is a community-based, anchor institution that co-creates development of vibrant neighborhoods conditions within which children, adults, and businesses can thrive – socially, academically, artistically, and economically.

Year, State Incorporated:
1960, KY

Also Known As:
LCCC

LCCC serves individuals and families through three core programming areas: early childhood development, youth development, and adult economic mobility services. Its Mini-Versity serves children ages 0-6 and their families, providing quality early childhood education services. Its youth development program serves children ages 6-18, providing arts education programming, STEAM education, and leadership development. Its adult economic mobility services program serves adult family leaders, providing opportunities in the areas of entrepreneurship, workforce development, digital technology training, and financial literacy.

For the year ended June 30, 2022, Louisville Central Community Centers's program expenses were:

Social Development & Recreation $953,134
Community Childcare Program $537,177
Special Projects $28,063
Total Program Expenses $1,518,374

Chief Executive
Kevin Fields, President/CEO

Chair of the Board
Dr. Anna M. Smith

Chair's Profession / Business Affiliation
Consultant, Diversity/Inclusion

Board Size
14

Paid Staff Size
23

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Radio, Grant proposals, Membership appeals, Appeals via Social Media (Facebook, etc.)

In addition, Louisville Central Community Centers is a Metro United Way member agency.% of Related Contributions on Fundraising: 10.20%

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 Louisville Central Community Centers's audited financial statements for the year ended June 30, 2022.

Source of Funds
Grants $847,803
Contributions $205,596
Tuition/fees $184,248
Building Use Fees/Rental Income $143,353
Special events $46,863
Public support $8,467
Other income $1,000
Interest $27
Total Income $1,437,357

Programs: 76% Fundraising: 6% Administrative: 7%

Total Income $1,437,357
Total expenses: $2,010,085
  Program expenses $1,518,374
  Fundraising expenses $113,113
  Administrative expenses $138,633
  Other expenses $239,965
Income in Excess of Expenses $-572,728
Beginning Net Assets $7,947,857
Other Changes In Net Assets $0
Ending Net Assets $7,375,129
Total Liabilities $1,124,634
Total Assets $8,499,763
Ending net assets as reported above include $5,003,282 without donor restrictions and $2,371,847 with donor restrictions.

Total assets as reported above include $7,868,938 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