Overview
What is Big Brothers Big Sisters Of Metropolitan Detroit?
Big Brothers Big Sisters of Metropolitan Detroit is a prominent nonprofit organization, situated in Detroit, Michigan. With a significant presence in southeast Michigan, they serve nearly 850 youths aged between 7 and 18 years old annually, through both school partnerships and community engagements. Their primary mission is to establish safe, resilient, and professionally supported one-to-one relationships for children facing adversity. This mission aims to positively transform the lives of these young individuals, offering them enduring benefits for years to come. With a dedicated workforce of 18 employees, this organization is committed to making a lasting impact in the lives of the children they serve.
Official website here: www.bbbsdetroit.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
Big Brothers Big Sisters Of Metropolitan Detroit has received an impressive Four-Star rating from Charity Navigator, highlighting its outstanding performance in accountability and finance. The organization boasts a remarkable 98% score, reflecting strong governance practices, including a fully independent board and rigorous oversight of financial statements. The charity's commitment to transparency is evidenced by its conflict of interest and whistleblower policies, ensuring ethical operations.
The nonprofit effectively allocates its resources, with 66.90% of its expenses directed towards program services, demonstrating a focus on fulfilling its mission. Additionally, its fundraising efficiency is commendable, requiring only $0.11 to raise a dollar, which indicates a well-managed approach to fundraising efforts. The organization maintains a stable financial standing with a low liabilities to assets ratio and a solid working capital position.
While the overall financial health of Big Brothers Big Sisters Of Metropolitan Detroit appears strong, it is important to note that some areas of program expense ratios could be improved to enhance sustainability in the long run. However, the organization’s governance and operational practices are clearly established and contribute positively to its effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Big Brothers Big Sisters Of Metropolitan Detroit legitimate?
Big Brothers Big Sisters Of Metropolitan Detroit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Brothers Big Sisters Of Metropolitan Detroit 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: $41,370
Professional Fundraising Fees: $0
Other Salaries and Wages: $274,388
For more financial information, click here
Official website here: www.bbbsdetroit.org
What is the mission statement of Big Brothers Big Sisters Of Metropolitan Detroit?
Big Brothers Big Sisters of Metropolitan Detroit is committed to positively impacting the lives of children facing adversity. Their mission is to establish safe, robust, and long-lasting one-on-one mentoring relationships, professionally supported, which have the potential to transform these children's lives for good, forever. Through this approach, they aim to provide a significant improvement in these children's lives. The organization serves approximately 850 youths annually, between the ages of 7 and 18, through school partnerships and within the community.
Official website here: www.bbbsdetroit.org
What is the revenue of Big Brothers Big Sisters Of Metropolitan Detroit?
Big Brothers Big Sisters Of Metropolitan Detroit's revenue in 2023 was $571,407.
Official website here: www.bbbsdetroit.org
Who are the executives of Big Brothers Big Sisters Of Metropolitan Detroit and what are their salaries?
The average compensation at Big Brothers Big Sisters Of Metropolitan Detroit during 2023 was $24,289. There are 13 employees and 180 volunteers at Big Brothers Big Sisters Of Metropolitan Detroit.
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Official website here: www.bbbsdetroit.org
Where can I find the form 990 for Big Brothers Big Sisters Of Metropolitan Detroit?
Big Brothers Big Sisters Of Metropolitan Detroit's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bbbsdetroit.org
Learn more at the official website: www.bbbsdetroit.org
Mission Statement of Big Brothers Big Sisters Of Metropolitan Detroit
Big Brothers Big Sisters of Metropolitan Detroit is committed to making a significant and lasting impact on the lives of children who are facing adversity. Their mission, in essence, is to establish safe, strong, and enduring one-to-one relationships between these children and professionally supported mentors. These relationships are designed to transform the lives of the children for the better, ensuring a positive impact that lasts a lifetime.
By providing this service, Big Brothers Big Sisters of Metropolitan Detroit aims to offer children a sense of security, guidance, and support during challenging times. The organization believes that these relationships can serve as a beacon of hope, helping children navigate through their difficulties and fostering their personal growth and development. The ultimate goal is to empower these children, enabling them to lead fulfilling and successful lives.
In carrying out its mission, Big Brothers Big Sisters of Metropolitan Detroit serves nearly 850 children annually, between the ages of 7 and 18 years old. They achieve this through school partnerships and community programs, ensuring that as many children as possible have access to the life-changing benefits of a mentor. The organization's commitment to its mission is evident in its dedication to making a real and tangible difference in the lives of children facing adversity.
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Impact
July, 2024
Big Brothers Big Sisters Of Metropolitan Detroit's impact is profound, as they provide children facing adversity with safe, strong, and enduring one-to-one relationships that have the power to positively change their lives forever. As the largest one-to-one evidence-based mentoring organization in Southeast Michigan, they annually serve nearly 850 youths between the ages of 7 and 18 years old through school partnerships and in the community. By offering professionally supported mentorship, Big Brothers Big Sisters Of Metropolitan Detroit plays a crucial role in youth development in Detroit, MI.
This information is meant to be a general summary of Big Brothers Big Sisters Of Metropolitan Detroit. 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 2023.
- Investment Income: $38,781
- Program Service Revenue: $99,977
- Gross Receipts: $577,125
Assets and Liabilities:
- Total Assets: $2,008,770
- Total Liabilities: $50,460
- Net Assets: $1,958,310
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$99,977
Organization Details
Founding Year
1974
Principal Officer
Kathie Patterson
Website
www.bbbsdetroit.orgNTEE Category
Code: O30 - Youth development
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