Overview
What is Big Brothers Big Sisters Southern Lake Michigan Region Inc?
Big Brothers Big Sisters Southern Lake Michigan Region Inc is a nonprofit organization situated in Goshen, Indiana, specifically at 3320 Elkart Road. Their primary focus is on empowering children by establishing one-on-one mentoring relationships with adult volunteers. This approach aims to foster personal growth and unlock the potential in young individuals. To further support their mission, they also facilitate site-based programming at schools within their served communities. With a dedicated workforce of 16 individuals, Big Brothers Big Sisters Southern Lake Michigan Region Inc is committed to making a positive impact on the lives of youth in their region.
Official website here: www.becomeabig.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78%, Three-Star out of Four Star rating.
Big Brothers Big Sisters Southern Lake Michigan Region Inc has received a solid Three-Star rating, indicating a generally favorable performance in accountability and finance. This rating reflects a commitment to transparency and governance, with a full score for its independent board members and a comprehensive audit of financial statements. The organization has established essential policies, including those for conflict of interest, whistleblower protections, and document retention, all contributing positively to its governance framework.
Despite its strengths, the nonprofit's program expense ratio of 55.94% suggests that a significant portion of its budget is not allocated directly to its programs. This could indicate room for improvement in how funds are distributed toward direct support activities. Nevertheless, the organization demonstrates a low liability to assets ratio of 35.01%, showcasing a stable financial position.
Overall, while Big Brothers Big Sisters Southern Lake Michigan Region Inc performs well in governance and oversight, there is an opportunity to enhance its impact by increasing the percentage of funds directed toward its core mission programs. This balance is essential for maximizing the effectiveness of its charitable efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Big Brothers Big Sisters Southern Lake Michigan Region Inc legitimate?
Big Brothers Big Sisters Southern Lake Michigan Region Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Brothers Big Sisters Southern Lake Michigan Region 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: $90,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $297,922
For more financial information, click here
Official website here: www.becomeabig.com
What is the mission statement of Big Brothers Big Sisters Southern Lake Michigan Region Inc?
Big Brothers Big Sisters Southern Lake Michigan Region Inc's mission is centered around fostering one-to-one mentoring relationships. The organization's primary goal is to ignite the potential and promise within young individuals by providing them with the guidance of adult volunteers. Beyond one-on-one mentoring, they also facilitate site-based programming at schools within the communities they serve. This comprehensive approach aims to support the overall development and growth of the youth they serve.
Official website here: www.becomeabig.com
Who is the CEO of Big Brothers Big Sisters Southern Lake Michigan Region Inc?
Joel Demott is the Ceo (Part Ye of Big Brothers Big Sisters Southern Lake Michigan Region Inc. The CEO's salary of Big Brothers Big Sisters Southern Lake Michigan Region Inc is $2,802 and their total compensation is $2,802.
Official website here: www.becomeabig.com
What is the revenue of Big Brothers Big Sisters Southern Lake Michigan Region Inc?
Big Brothers Big Sisters Southern Lake Michigan Region Inc's revenue in 2022 was $624,674.
Official website here: www.becomeabig.com
Who are the executives of Big Brothers Big Sisters Southern Lake Michigan Region Inc and what are their salaries?
The average compensation at Big Brothers Big Sisters Southern Lake Michigan Region Inc during 2022 was $24,247. There are 16 employees and 250 volunteers at Big Brothers Big Sisters Southern Lake Michigan Region Inc.
Here are 33 key members and their salaries (Big Brothers Big Sisters Southern Lake Michigan Region Inc's CEO's salary is $2,802 and their total compensation is $2,802):
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Official website here: www.becomeabig.com
Where can I find the form 990 for Big Brothers Big Sisters Southern Lake Michigan Region Inc?
Big Brothers Big Sisters Southern Lake Michigan Region Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.becomeabig.com
Learn more at the official website: www.becomeabig.com
Mission Statement of Big Brothers Big Sisters Southern Lake Michigan Region Inc
Big Brothers Big Sisters Southern Lake Michigan Region Inc is committed to fulfilling its mission by establishing and sustaining one-to-one mentoring relationships. This mission is designed to ignite the power and potential within youth. By pairing children with adult mentors, the organization aims to provide guidance and support, fostering personal growth and development. In addition to these one-on-one connections, Big Brothers Big Sisters Southern Lake Michigan Region Inc also conducts site-based programming at schools within the communities they serve. This approach allows them to reach a wider range of youth, offering them valuable resources and opportunities for growth.
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Impact
July, 2024
Big Brothers Big Sisters Southern Lake Michigan Region Inc makes a significant impact by creating and supporting one-to-one mentoring relationships that ignite the power and promise of youth. Through adult guidance provided to children via mentorship programs and site-based programming in schools, this organization positively influences the lives of young individuals in Goshen, Indiana. Their focus on youth development through mentorship underscores their commitment to empowering the next generation.
This information is meant to be a general summary of Big Brothers Big Sisters Southern Lake Michigan Region 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 2022.
- Investment Income: $540
- Gross Receipts: $649,299
Assets and Liabilities:
- Total Assets: $286,771
- Total Liabilities: $100,419
- Net Assets: $186,352
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Organization Details
Founding Year
1968
Phone
(574) 830-5013Principal Officer
Joel Demott
Main Address
3320 ELKHART ROAD, GOSHEN, IN, 46526
Website
www.becomeabig.comNTEE Category
Code: O30 - Youth development
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