Overview
What is Big Brothers Big Sisters Of New York City Inc?
Big Brothers Big Sisters of New York City is a nonprofit organization dedicated to fostering positive growth in youth through one-on-one mentoring relationships. The mission of this esteemed organization is to inspire young minds and ignite their biggest possible futures by building and supporting these meaningful connections. With a professional approach, they strive to make a measurable impact on the lives of local youth.
Official website here: www.bigsnyc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star rating
Big Brothers Big Sisters of New York City Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and finance, as well as leadership and adaptability. With an impressive 96 in accountability and finance, the organization demonstrates a robust commitment to transparency, evidenced by its independent board members and a well-structured oversight committee. Their proactive policies regarding conflict of interest and whistleblower protection further enhance their credibility.
The organization’s financial health is highlighted by a high program expense ratio of 74.70% and efficient fundraising costs, making it clear that the majority of funds are directed towards its mission. Additionally, the working capital ratio of 1.07 years indicates a stable financial position, allowing it to effectively support its initiatives. These aspects collectively showcase the organization’s effective management and operational efficiency.
While the overall assessment is highly positive, there is a noted area for improvement with a liabilities to assets ratio of 43.23%, which could be monitored to maintain financial stability. Nonetheless, the leadership and adaptability score stands at a perfect 100, underscoring the organization’s strategic foresight and resilience in addressing community needs. Overall, Big Brothers Big Sisters of New York City Inc exemplifies a well-managed nonprofit dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Big Brothers Big Sisters Of New York City Inc legitimate?
Big Brothers Big Sisters Of New York City Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Brothers Big Sisters Of New York City Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $582,779
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,008,568
For more financial information, click here
Official website here: www.bigsnyc.org
What is the mission statement of Big Brothers Big Sisters Of New York City Inc?
Big Brothers Big Sisters of New York City aims to foster and maintain mentoring relationships that have a significant impact on the lives of young people. The organization's mission is to ignite the biggest possible futures for these youth by building and supporting these one-on-one connections. Professionally guided mentorships are provided to help children reach their full potential. Through these relationships, the young individuals are expected to experience positive growth and development. The organization's efforts are geared towards making a measurable difference in the lives of the youth it serves.
Official website here: www.bigsnyc.org
Who is the CEO of Big Brothers Big Sisters Of New York City Inc?
Andrew Lipman is the CEO of Big Brothers Big Sisters Of New York City Inc The CEO's salary of Big Brothers Big Sisters Of New York City Inc is $0 and their total compensation is $0.
Official website here: www.bigsnyc.org
What is the revenue of Big Brothers Big Sisters Of New York City Inc?
Big Brothers Big Sisters Of New York City Inc's revenue in 2024 was $8,871,409.
Official website here: www.bigsnyc.org
Who are the executives of Big Brothers Big Sisters Of New York City Inc and what are their salaries?
The average compensation at Big Brothers Big Sisters Of New York City Inc during 2024 was $48,201. There are 116 employees and 1586 volunteers at Big Brothers Big Sisters Of New York City Inc.
Here are 59 key members and their salaries (Big Brothers Big Sisters Of New York City Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.bigsnyc.org
Where can I find the form 990 for Big Brothers Big Sisters Of New York City Inc?
Big Brothers Big Sisters Of New York City Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bigsnyc.org
Learn more at the official website: www.bigsnyc.org
Mission Statement of Big Brothers Big Sisters Of New York City Inc
Big Brothers Big Sisters of New York City, a renowned nonprofit organization, is committed to fostering and nurturing mentoring relationships aimed at igniting the greatest potential in youth. The mission of this esteemed organization is twofold: building and supporting one-to-one mentoring connections that can bring about significant positive change in young lives.
Through professionally guided mentoring relationships, Big Brothers Big Sisters of New York City aspires to create transformative experiences for children. These relationships not only offer companionship and guidance but also serve as powerful tools for helping youth navigate the challenges they face, both academically and emotionally. By fostering these connections, the organization strives to empower young people to reach their fullest potential and build the foundations for their biggest possible futures.
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Impact
October, 2024
Big Brothers Big Sisters of New York City Inc. plays a transformative role in the lives of youth by fostering and supporting one-to-one mentoring relationships. Through dedicated mentorship, the organization helps children unlock their potential, creating pathways to brighter futures. The focus on professionally supported connections enables youth to gain valuable skills, confidence, and a broader vision for what they can achieve.
The impact of these mentoring relationships is profound, as they not only provide guidance and support but also encourage personal growth and academic achievement. By igniting aspirations and broadening horizons, Big Brothers Big Sisters of New York City empowers young individuals to navigate challenges and seize opportunities, ultimately contributing to positive life trajectories. The organization is committed to nurturing these relationships, ensuring that children in New York have the tools and encouragement they need to thrive.
This information is meant to be a general summary of Big Brothers Big Sisters Of New York City Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $164,793
- Gross Receipts: $9,642,451
Assets and Liabilities:
- Total Assets: $22,497,923
- Total Liabilities: $9,970,457
- Net Assets: $12,527,466
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Organization Details
Founding Year
1904
Principal Officer
Andrew Lipman
Website
www.bigsnyc.orgNTEE Category
Code: O30 - Youth development
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