Overview
What is Big Brothers Big Sisters Of The Shoals Inc?
Big Brothers Big Sisters of the Shoals Inc, located in Florence, Alabama, is a nonprofit organization with a mission to offer positive adult role models to children hailing from single-parent households. Situated at 216 S Marengo Street STE B, this organization aims to make a significant impact in the lives of these children. With a team of 11 dedicated individuals, they provide guidance, support, and mentorship, fostering personal growth and development in the young minds they serve. The organization's reach extends beyond its physical location, contributing to the betterment of the community and the overall well-being of its children.
Official website here: www.bbbsshoals.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating.
Big Brothers Big Sisters of the Shoals Inc demonstrates strong accountability through a largely independent board, with 92% of its members being independent. The organization also exhibits a solid program expense ratio of 85.32%, indicating that a significant portion of its resources is allocated to its core mission of supporting mentorship programs. However, the lack of financial statements and missing policies regarding conflicts of interest and whistleblower protections raise concerns about transparency and governance.
On the positive side, the organization has no material diversion of assets, which reflects sound financial practices. The presence of documented board meeting minutes further supports accountability within the organization. However, to improve its rating and overall governance, it will need to address the deficiencies noted in key policies and ensure that financial documents are readily accessible on its website.
This AI summary has been generated from information found on Charity Navigator.
Is Big Brothers Big Sisters Of The Shoals Inc legitimate?
Big Brothers Big Sisters Of The Shoals Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Brothers Big Sisters Of The Shoals 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: $233,866
For more financial information, click here
Official website here: www.bbbsshoals.org
What is the mission statement of Big Brothers Big Sisters Of The Shoals Inc?
Big Brothers Big Sisters Of The Shoals Inc's mission is centered around providing positive adult role models for children from single-parent households. This organization strives to make a significant impact on these children's lives by offering them mentorship and guidance. The ultimate goal is to help these children navigate their experiences and grow into confident individuals. The organization's activities are focused on fostering strong, supportive relationships between the mentors and the children, aiming to positively influence their personal development and well-being.
Official website here: www.bbbsshoals.org
What is the revenue of Big Brothers Big Sisters Of The Shoals Inc?
Big Brothers Big Sisters Of The Shoals Inc's revenue in 2023 was $514,562.
Official website here: www.bbbsshoals.org
Who are the executives of Big Brothers Big Sisters Of The Shoals Inc and what are their salaries?
The average compensation at Big Brothers Big Sisters Of The Shoals Inc during 2023 was $25,985. There are 9 employees at Big Brothers Big Sisters Of The Shoals Inc.
Here are 6 key members and their salaries:
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Official website here: www.bbbsshoals.org
Where can I find the form 990 for Big Brothers Big Sisters Of The Shoals Inc?
Big Brothers Big Sisters Of The Shoals Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bbbsshoals.org
Learn more at the official website: www.bbbsshoals.org
Mission Statement of Big Brothers Big Sisters Of The Shoals Inc
Big Brothers Big Sisters Of The Shoals Inc is an organization dedicated to making a significant impact in the lives of children from single-parent households. Their mission, in essence, is to serve as a beacon of guidance and support for these children by providing them with adult role models. This mission is carried out with the goal of offering these children the opportunity to learn from and form meaningful relationships with these mentors, thereby fostering their personal growth and development. By doing so, Big Brothers Big Sisters Of The Shoals Inc aims to contribute positively to the overall well-being and future prospects of these children.
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Impact
July, 2024
Big Brothers Big Sisters Of The Shoals Inc's impact lies in providing adult role models to children from single parent homes in Florence, AL. Through this program, children are able to benefit from positive mentorship and guidance, which can lead to improved social skills, academic performance, and overall well-being. By matching children with caring adults who serve as mentors, this organization contributes to youth development and creates lasting positive relationships that can shape the trajectory of a child's life for the better.
This information is meant to be a general summary of Big Brothers Big Sisters Of The Shoals 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.
- Gross Receipts: $514,562
Assets and Liabilities:
- Total Assets: $505,484
- Total Liabilities: $77,994
- Net Assets: $427,490
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Organization Details
Founding Year
1987
Principal Officer
Darla Jackson
Website
www.bbbsshoals.orgNTEE Category
Code: O30 - Youth development
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