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Big Brothers Big Sisters Foundation Of New Jersey Inc

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

EIN: 562504676 ✦ Asbury park, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Big Brothers Big Sisters Foundation Of New Jersey Inc?

Big Brothers Big Sisters Foundation of New Jersey Inc, situated in Asbury Park, New Jersey, serves as a supportive resource for various Big Brother Big Sister agencies within the state. Its primary mission is to offer guidance, counsel, and encouragement to these organizations, fostering their growth and development. By providing valuable assistance and guidance, the foundation aims to strengthen the impact of Big Brother Big Sister programs throughout New Jersey, ultimately benefiting the youth in the community.


Official website here: www.bbbsnj.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)

Big Brothers Big Sisters Foundation Of New Jersey Inc has achieved an overall score of 84%, which reflects a solid commitment to accountability and finance. The organization shows strong governance, with a fully independent board and a high accountability score. The financial statements are audited, and there is no material diversion of assets reported, indicating effective financial management practices.

However, the organization does have some limitations, particularly in governance policies. There are missing policies for conflict of interest, whistleblower protection, and document retention, which could be areas for improvement. Additionally, while the organization maintains good transparency in other aspects, it has not posted its tax form on its website, which is something that potential donors and stakeholders typically look for.

Overall, while Big Brothers Big Sisters Foundation Of New Jersey Inc demonstrates a commendable financial health and governance structure, addressing the gaps in policy documentation could enhance its accountability and foster greater trust among its supporters.


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

Is Big Brothers Big Sisters Foundation Of New Jersey Inc legitimate?

Big Brothers Big Sisters Foundation Of New Jersey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Brothers Big Sisters Foundation Of New Jersey 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: $0

For more financial information, click here


Official website here: www.bbbsnj.org

What is the mission statement of Big Brothers Big Sisters Foundation Of New Jersey Inc?

The Big Brothers Big Sisters Foundation of New Jersey Inc. serves to offer guidance, counsel, support, and encouragement to interested Big Brother Big Sister agencies within the state. Its primary objective is to foster the growth and development of these organizations, ultimately aiming to enhance their capacity to make a positive impact in the lives of children and youth in need of mentorship. The foundation's role is crucial in fostering a collaborative environment and sharing best practices among the various agencies, thereby strengthening their overall mission to foster meaningful relationships between mentors and mentees.


Official website here: www.bbbsnj.org

Who is the CEO of Big Brothers Big Sisters Foundation Of New Jersey Inc?

Sarah Roorda is the Trustee of Big Brothers Big Sisters Foundation Of New Jersey Inc.


Official website here: www.bbbsnj.org

What is the revenue of Big Brothers Big Sisters Foundation Of New Jersey Inc?

Big Brothers Big Sisters Foundation Of New Jersey Inc's revenue in 2022 was $50,000.


Official website here: www.bbbsnj.org

Who are the executives of Big Brothers Big Sisters Foundation Of New Jersey Inc and what are their salaries?


Here are 6 key members and their salaries:


William Salcedo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Bennett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Roorda (State Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Lejnieks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Allen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Noonan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bbbsnj.org

Where can I find the form 990 for Big Brothers Big Sisters Foundation Of New Jersey Inc?

Big Brothers Big Sisters Foundation Of New Jersey Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bbbsnj.org

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

Mission Statement of Big Brothers Big Sisters Foundation Of New Jersey Inc

Big Brothers Big Sisters Foundation of New Jersey Inc is committed to providing guidance, counsel, support, and encouragement to interested Big Brother Big Sister agencies within the state. Their mission is to foster an environment that empowers these agencies to effectively carry out their mission of mentoring and guiding young individuals. By offering guidance and resources, the foundation aims to strengthen the capacity of these agencies to make a positive impact in the lives of children and youth in New Jersey.

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Impact




August, 2024

Big Brothers Big Sisters Foundation Of New Jersey Inc has a significant impact on youth development in the state. Through providing guidance, counsel, support, and encouragement to interested Big Brother Big Sister agencies in New Jersey, the foundation plays a crucial role in mentoring and supporting young people. By matching youth with positive adult role models, the foundation helps empower and inspire children to reach their full potential. The impact of their work can be seen in the positive changes and growth experienced by the youth involved in their programs.




This information is meant to be a general summary of Big Brothers Big Sisters Foundation Of New Jersey 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.

Revenue
$50,000 (2022)
Expenses
$19,109 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $50,000

Assets and Liabilities:

  • Total Assets: $48,332
  • Total Liabilities: $1,378
  • Net Assets: $46,954

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Organization Details

Founding Year

2001

Principal Officer

Sarah Roorda

Main Address

305 BOND STREET, ASBURY PARK, NJ, 07712

NTEE Category

Code: O31 - Youth development

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