Ronald McDonald House Charities of Greater Chattanooga, Inc.
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
Ronald McDonald House Charities of Greater Chattanooga, Inc. meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to provide a "home away from home" for families of critically-ill or injured children and to support programs that address the health, education and well-being of children."
Year, State Incorporated:
1987, TN
Ronald McDonald House Charities has three core programs: Ronald McDonald House which provides temporary lodging and support services to families of critically ill children; the Ronald McDonald Family Room inside Children's Hospital which offers respite services, showers, laundry and food to families of hospitalized patients, and the Ronald McDonald Care Mobile, a school-based medical clinic for children operating in Bradley and Polk Counties. In addition, the organization offers freshmen year scholarships.
For the year ended December 31, 2022, Ronald McDonald House Charities of Greater Chattanooga, Inc.'s program expenses were:
| Programs | $1,612,228 |
| Total Program Expenses | $1,612,228 |
Chief Executive
Michael Brown, Executive Director
Compensation*
$85,506
Chair of the Board
Mary Lynn Wilson, Community Volunteer
Chair's Profession / Business Affiliation
Board Size
19
Paid Staff Size
21
* 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.), Grant proposals, Internet, Planned giving arrangements, 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 Ronald McDonald House Charities of Greater Chattanooga, Inc.'s audited financial statements for the year ended December 31, 2022.
Source of Funds
| Special Events | $1,142,324 |
| Contributions | $1,071,994 |
| Grant Revenue | $293,071 |
| Investment Loss | $-915,293 |
| Total Income | $1,592,096 |
Programs: 65% Fundraising: 9% Administrative: 12%
| Total Income | $1,592,096 |
| Total expenses: | $2,492,714 |
| Program expenses | $1,612,228 |
| Fundraising expenses | $235,476 |
| Administrative expenses | $298,974 |
| Other expenses | $346,036 |
| Income in Excess of Expenses | $-900,618 |
| Beginning Net Assets | $9,605,510 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $8,704,892 |
| Total Liabilities | $203,202 |
| Total Assets | $8,908,094 |
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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 Southeast Tennessee & Northwest Georgia