Overview
What is Big Brothers-Big Sisters Of Hereford Texas Inc?
Big Brothers-Big Sisters of Hereford, Texas Inc. is a dedicated nonprofit organization situated in Hereford, Texas. Their primary mission is to positively impact the lives of at-risk youth by establishing one-to-one mentoring relationships with caring adults. By doing so, they empower these children to reach their full potential. With a team of nine dedicated individuals, the organization provides professionally supported mentorship, aiming to make a significant difference in the community. Their reach extends beyond just Hereford, Texas, as they contribute to youth development across the state.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement) with a score of 73%.
Big Brothers-Big Sisters of Hereford Texas Inc demonstrates strengths in its governance and financial management. The organization has an independent board with full compliance on size and majority independence, scoring 10 out of 10 in these categories. The absence of material diversion of assets further underscores its financial integrity, and the program expense ratio of 75.18% indicates a significant portion of resources is directed towards its mission.
However, the overall rating reflects areas needing improvement. While the organization maintains a healthy liabilities to assets ratio of 0.00%, there may be concerns regarding transparency or effectiveness that have led to the lower rating. Additionally, the executive director's salary is noted at $53,900, which may raise questions about compensation in relation to the nonprofit's performance and impact. Overall, while the organization is solid in governance, there are opportunities for improvement in operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Big Brothers-Big Sisters Of Hereford Texas Inc legitimate?
Big Brothers-Big Sisters Of Hereford Texas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Brothers-Big Sisters Of Hereford Texas 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: $53,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,626
For more financial information, click here
What is the mission statement of Big Brothers-Big Sisters Of Hereford Texas Inc?
Big Brothers-Big Sisters of Hereford Texas Inc aims to positively impact the lives of at-risk youth by establishing one-on-one mentor relationships with caring adults. This professional support empowers these children, enabling them to reach their full potential. The organization's mission is to make a significant difference in these young lives, fostering their personal growth and development. By pairing them with dedicated mentors, the youth gain invaluable guidance, support, and role models, helping them navigate through challenges and fostering their self-confidence and resilience.
Who is the CEO of Big Brothers-Big Sisters Of Hereford Texas Inc?
Sara Pesina is the Executive Di of Big Brothers-Big Sisters Of Hereford Texas Inc.
What is the revenue of Big Brothers-Big Sisters Of Hereford Texas Inc?
Big Brothers-Big Sisters Of Hereford Texas Inc's revenue in 2022 was $168,311.
Who are the executives of Big Brothers-Big Sisters Of Hereford Texas Inc and what are their salaries?
The average compensation at Big Brothers-Big Sisters Of Hereford Texas Inc during 2022 was $13,836. There are 9 employees and 70 volunteers at Big Brothers-Big Sisters Of Hereford Texas Inc.
Here are 10 key members and their salaries:
- Compensation: $53,900
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Where can I find the form 990 for Big Brothers-Big Sisters Of Hereford Texas Inc?
Big Brothers-Big Sisters Of Hereford Texas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Big Brothers-Big Sisters Of Hereford Texas Inc
Big Brothers-Big Sisters of Hereford Texas Inc is dedicated to making a positive impact in the lives of at-risk youth. They achieve this by establishing professionally supported one-to-one mentorship relationships between these children and caring adult mentors. This initiative empowers the young individuals to reach their full potential, fostering their personal growth and development. By providing a supportive adult figure, Big Brothers-Big Sisters of Hereford Texas Inc aims to guide these youth, helping them navigate life's challenges and overcome any obstacles they may face.
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Impact
October, 2024
Big Brothers-Big Sisters of Hereford, Texas, Inc. significantly impacts the lives of at-risk youth through the establishment of one-to-one mentorship relationships with caring adults. By providing professional support to these matches, the organization empowers children to realize their highest potential. The presence of a dedicated mentor fosters personal growth, enhances self-esteem, and encourages positive decision-making, creating a ripple effect that contributes to the overall well-being and future success of the youth involved. This targeted approach not only helps to nurture individual strengths but also builds a stronger, more resilient community. Through sustained engagement and support, the organization plays a crucial role in transforming the lives of young people in Hereford.
This information is meant to be a general summary of Big Brothers-Big Sisters Of Hereford Texas 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 2022.
- Investment Income: $2,469
- Gross Receipts: $170,377
Assets and Liabilities:
- Total Assets: $433,988
- Total Liabilities: $0
- Net Assets: $433,988
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Organization Details
Founding Year
1973
Phone
(806) 364-6171Principal Officer
Sara Pesina
Main Address
PO BOX 1821, HEREFORD, TX, 79045
NTEE Category
Code: O30 - Youth development
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