Overview
What is Big Brothers Big Sisters Inc?
Big Brothers Big Sisters Inc, situated in Richmond, Virginia, is a dedicated nonprofit organization with a mission to positively impact the lives of youth. By establishing one-to-one mentoring relationships, they aim to foster socio-emotional competencies, boost academic achievements, and promote healthy lifestyles in enrolled youth. The organization serves a significant number of lives annually, reaching beyond 800 individuals in various regions such as Greater Richmond, Greater Virginia Peninsula, Hampton Roads, and Tri-Cities. This mentoring approach helps youth cope with challenges, including living in poverty, incarcerated parents, and single-parent households. Their programs, including Community-Based Mentoring and Site-Based (School-Based) Mentoring, have proven effective even during the challenging times of the COVID-19 pandemic, with positive results in areas like improved peer relationships, academic performance, and reduced depressive symptoms.
Official website here: www.bigbrobigsis.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Big Brothers Big Sisters Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With a high accountability & finance score of 96, the organization demonstrates effective management of its funds and resources. The organization excels in constituent feedback, achieving a perfect score of 100 in both feedback collection and usage, indicating a strong emphasis on stakeholder engagement and responsiveness.
The nonprofit's governance is bolstered by an independent board consisting entirely of 13 members, ensuring unbiased oversight and decision-making. Additionally, the financial health is commendable, with a low liabilities to assets ratio of 37.51% and a program expense ratio of 78.56%, which indicates that a significant portion of its budget is directed towards its programs and services.
However, while overall performance is laudable, the organization scored slightly lower in its equity strategies with a score of 77 out of 100. This suggests that there may be areas for improvement in fostering equity within its programs. Nonetheless, Big Brothers Big Sisters Inc is recognized for its strong operational practices and dedication to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Big Brothers Big Sisters Inc legitimate?
Big Brothers Big Sisters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Brothers Big Sisters 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $405,410
For more financial information, click here
Official website here: www.bigbrobigsis.com
What is the mission statement of Big Brothers Big Sisters Inc?
Big Brothers Big Sisters Inc's mission is centered around establishing and nurturing one-to-one mentoring relationships. The organization strives to empower youth, particularly those facing challenges such as living in poverty, having incarcerated parents, or growing up with single parents. The primary objectives include enhancing socio-emotional competencies, boosting academic achievements, and fostering healthy lifestyles in these youth. Big Brothers Big Sisters Inc is accountable for these outcomes and provides caring, consistent, and compassionate mentors to guide the youth in achieving their individual goals. In 2022, the organization positively impacted over 800 lives, helping youth build stronger peer relationships, improve academically, and experience fewer depressive symptoms.
Official website here: www.bigbrobigsis.com
What is the revenue of Big Brothers Big Sisters Inc?
Big Brothers Big Sisters Inc's revenue in 2023 was $831,769.
Official website here: www.bigbrobigsis.com
Who are the executives of Big Brothers Big Sisters Inc and what are their salaries?
The average compensation at Big Brothers Big Sisters Inc during 2023 was $36,855. There are 11 employees at Big Brothers Big Sisters Inc.
Here are 18 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bigbrobigsis.com
Where can I find the form 990 for Big Brothers Big Sisters Inc?
Big Brothers Big Sisters Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bigbrobigsis.com
Learn more at the official website: www.bigbrobigsis.com
Mission Statement of Big Brothers Big Sisters Inc
Big Brothers Big Sisters Inc is a nonprofit organization dedicated to creating and supporting one-to-one mentoring relationships. Their mission is to ignite the power and promise of youth, particularly those with risk factors such as living in poverty, having incarcerated parents, or growing up with single parents. By establishing these mentoring relationships, Big Brothers Big Sisters holds themselves accountable for helping enrolled youth build socio-emotional competencies, boost academic achievements, and foster healthy lifestyles. Through their mentoring programs, they aim to provide caring, consistent, and compassionate mentors (referred to as Bigs) who focus on individual goals with the youth (Littles) to strengthen peer relationships, improve academic performance, and encourage healthier lifestyle choices. In 2022, Big Brothers Big Sisters impacted over 800 lives through Community-Based Mentoring and Site-Based (School-Based) Mentoring, with impressive results showing that 75% of youth reported stronger peer relationships, 90% of Littles maintained or improved academically, and 19% experienced fewer depressive symptoms.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Big Brothers Big Sisters Inc creates and supports one-to-one mentoring relationships that ignite the power and promise of youth. By providing caring, consistent, and compassionate mentors to young individuals facing various risk factors such as living in poverty, having incarcerated parents, or being raised by a single parent, the organization has a significant impact on the lives of these youth.
Through programs like Community-Based Mentoring and Site-Based Mentoring, Big Brothers Big Sisters Inc helps youth build social skills, increase academic achievement, and adopt healthy lifestyles. In 2022, the organization impacted over 800 lives in Greater Richmond, Greater Virginia Peninsula, Hampton Roads, and Tri-Cities.
The results of their programs in 2022 demonstrate the positive influence of mentoring services, especially during the challenges posed by COVID-19. Over 75% of youth reported stronger peer relationships, more than 90% of Littles stayed on track or improved academically, and 19% of Littles experienced fewer depressive symptoms. This data highlights the tangible and meaningful impact of Big Brothers Big Sisters Inc in supporting the holistic development of youth in their communities.
This information is meant to be a general summary of Big Brothers Big Sisters 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 2023.
- Investment Income: $9,622
- Gross Receipts: $922,629
Assets and Liabilities:
- Total Assets: $500,337
- Total Liabilities: $187,681
- Net Assets: $312,656
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1962
Principal Officer
Meghan Barbato
Website
www.bigbrobigsis.comNTEE Category
Code: O30 - Youth development
If you are a representative of Big Brothers Big Sisters Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.