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Friends Of Big Brothers Big Sisters Of S Nevada

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 462250934 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Big Brothers Big Sisters Of S Nevada?

Friends of Big Brothers Big Sisters of Southern Nevada (FOBBS) is a vital partner in the success of Big Brothers Big Sisters of Southern Nevada (BBBSN). As a nonprofit organization based in Las Vegas, Nevada, FOBBS contributes significantly to BBBSN's operations by providing a substantial portion of their annual revenue. In 2021, FOBBS contributed $216,000 to BBBSN, accounting for 45% of their total income. Beyond financial support, FOBBS serves as a bridge between donors and the wider Las Vegas community, facilitating marketing efforts and donations of items no longer needed. By doing so, FOBBS plays a crucial role in furthering BBBSN's mission of empowering children facing adversity to reach their full potential through professionally supported one-to-one mentoring relationships.


Official website here: www.bbbsn.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56%, One-Star out of Four Stars

Friends Of Big Brothers Big Sisters Of S Nevada has received a One-Star rating from Charity Navigator, indicating significant areas for improvement. While the organization shows strengths in governance, with a fully independent board and established policies for conflicts of interest and whistleblowing, it struggles in financial efficiency and program expenses.

The organization scored poorly on its financial ratios, with a high liabilities to assets ratio of 26.84% and a low program expense ratio of 21.17%. This suggests that a minimal portion of its resources is allocated toward programmatic activities, which could raise concerns about the effectiveness of its mission-driven work.

Overall, while the governance structure of Friends Of Big Brothers Big Sisters Of S Nevada is commendable, the financial metrics indicate a need for greater focus on program spending to enhance its impact and sustainability within the community.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of Big Brothers Big Sisters Of S Nevada legitimate?

Friends Of Big Brothers Big Sisters Of S Nevada is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Big Brothers Big Sisters Of S Nevada 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: $247,267
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bbbsn.org

What is the mission statement of Friends Of Big Brothers Big Sisters Of S Nevada?

Friends of Big Brothers Big Sisters of S Nevada's mission is centered around raising funds to support the work of Big Brothers Big Sisters of Southern Nevada. This organization's primary goal is to aid in the mission of helping children facing adversity reach their full potential through professionally supported one-to-one mentoring relationships. By providing financial support, Friends of Big Brothers Big Sisters of S Nevada contributes significantly to the success of the mentoring program, acting as a catalyst for change in the lives of many children. The organization also serves as a platform for civic engagement, encouraging citizens to donate items they no longer need, thereby promoting an environmentally responsible approach to giving.


Official website here: www.bbbsn.org

Who is the CEO of Friends Of Big Brothers Big Sisters Of S Nevada?

Jerome Pinckney is the Treasurer of Friends Of Big Brothers Big Sisters Of S Nevada.


Official website here: www.bbbsn.org

What is the revenue of Friends Of Big Brothers Big Sisters Of S Nevada?

Friends Of Big Brothers Big Sisters Of S Nevada's revenue in 2022 was $1,069,508.


Official website here: www.bbbsn.org

Who are the executives of Friends Of Big Brothers Big Sisters Of S Nevada and what are their salaries?

The average compensation at Friends Of Big Brothers Big Sisters Of S Nevada during 2022 was $22,479. There are 11 employees at Friends Of Big Brothers Big Sisters Of S Nevada.


Here are 3 key members and their salaries:


Robin Skone-Palmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Moyle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome Pinckney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bbbsn.org

Where can I find the form 990 for Friends Of Big Brothers Big Sisters Of S Nevada?

Friends Of Big Brothers Big Sisters Of S Nevada's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bbbsn.org

Learn more at the official website: www.bbbsn.org

Mission Statement of Friends Of Big Brothers Big Sisters Of S Nevada

Friends of Big Brothers Big Sisters of S Nevada is an organization that plays a significant role in supporting the mission of Big Brothers Big Sisters of Southern Nevada. Their primary objective is to raise funds for this non-profit organization, which is dedicated to helping children facing adversity reach their full potential through professionally supported one-to-one mentoring relationships. By providing financial support, Friends of Big Brothers Big Sisters of S Nevada contributes to the success of BBBSN, enabling them to continue their valuable work in the community. Additionally, they serve as a bridge between donors and the community, promoting awareness and engagement in an environmentally responsible manner. The organization's efforts in 2021 resulted in providing 45% of BBBSN's revenue, amounting to $216,000.00, thereby significantly contributing to the agency's operations. Although not explicitly mentioned, it can be inferred that their mission aligns with the overall goal of Big Brothers Big Sisters of Southern Nevada, which is to positively impact the lives of children in need through meaningful mentoring relationships.

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Impact




July, 2024

Friends of Big Brothers Big Sisters of Southern Nevada, through their fundraising efforts, plays a crucial role in supporting the mission of Big Brothers Big Sisters of Southern Nevada to help children facing adversity reach their full potential through professionally supported one-to-one mentoring relationships. In 2021, this organization contributed $216,000 towards BBBSN's work, representing 45% of the agency's revenue. Their impact extends beyond monetary donations, as they also serve as a conduit for donors and marketing efforts within the Las Vegas community. By enabling citizens to donate items and support a community non-profit in an environmentally responsible manner, Friends of Big Brothers Big Sisters of Southern Nevada substantially contributes to the youth development sector in Southern Nevada.




This information is meant to be a general summary of Friends Of Big Brothers Big Sisters Of S Nevada. 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.

Revenue
$1,069,508 (2022)
Expenses
$933,741 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,069,508

Assets and Liabilities:

  • Total Assets: $194,473
  • Total Liabilities: $52,205
  • Net Assets: $142,268

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Organization Details

Founding Year

2010

Principal Officer

Jerome Pinckney

Main Address

624 S 10th Street, Las Vegas, NV, 89101

NTEE Category

Code: O31 - Youth development

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