Overview
What is Big Brothers Big Sisters Of Central New Mexico Inc?
Big Brothers Big Sisters of Central New Mexico Inc is a dedicated nonprofit organization situated in Albuquerque, New Mexico. Their primary mission is to positively impact the lives of children facing adversity by establishing strong, professionally supported one-to-one relationships. They serve an extensive eight-county area, including Bernalillo, Cibola, Sandoval, Socorro, Torrance, San Juan, Otero, and Valencia Counties. The organization plays a crucial role in connecting 1,182 children between the ages of 6 and 17 with mentors, fostering personal growth and resilience. In addition to matchmaking, they actively recruit Bigs/Littles and corporate partners to their program, ensuring the success of these relationships. They also provide various discounts and low-cost or free activities to support the continuity of these mentorships.
Official website here: www.bbbs-cnm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Big Brothers Big Sisters of Central New Mexico Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored exceptionally well across all metrics, particularly in areas like independent board membership and financial oversight, indicating a commitment to transparency and effective governance.
One of the standout features of this nonprofit is its fully independent board, comprised of 17 members, which enhances its decision-making processes and ensures accountability. Furthermore, the organization has established comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, all of which contribute to a robust governance framework.
Financially, the organization demonstrates prudent management with a program expense ratio of 71.09%, showing that a significant portion of its funds is directed towards its programs rather than administrative costs. Its liabilities to assets ratio of 23.69% also signifies a healthy balance sheet. Overall, the data portrays Big Brothers Big Sisters of Central New Mexico Inc as a well-managed and impactful organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Big Brothers Big Sisters Of Central New Mexico Inc legitimate?
Big Brothers Big Sisters Of Central New Mexico Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Brothers Big Sisters Of Central New Mexico 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: $334,024
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,510,915
For more financial information, click here
Official website here: www.bbbs-cnm.org
What is the mission statement of Big Brothers Big Sisters Of Central New Mexico Inc?
Big Brothers Big Sisters of Central New Mexico Inc's mission is centered around providing children facing adversity with enduring and professionally supported one-to-one relationships. These relationships aim to positively impact the children's lives, bringing about lasting changes. Through their services, they have matched over 1,180 children aged 6 to 17 with mentors in the Central New Mexico area. In addition to matchmaking, they also focus on partnership development, recruiting both mentors and corporate partners for their program, and supporting match activities and retention by offering discounts and low-cost or no-cost activities for the mentor-child pairs.
Official website here: www.bbbs-cnm.org
Who is the CEO of Big Brothers Big Sisters Of Central New Mexico Inc?
Brenda Dorsey is the CEO of Big Brothers Big Sisters Of Central New Mexico Inc The CEO's salary of Big Brothers Big Sisters Of Central New Mexico Inc is $62,050 and their total compensation is $65,230.
Official website here: www.bbbs-cnm.org
What is the revenue of Big Brothers Big Sisters Of Central New Mexico Inc?
Big Brothers Big Sisters Of Central New Mexico Inc's revenue in 2024 was $3,362,259.
Official website here: www.bbbs-cnm.org
Who are the executives of Big Brothers Big Sisters Of Central New Mexico Inc and what are their salaries?
The average compensation at Big Brothers Big Sisters Of Central New Mexico Inc during 2024 was $27,536. There are 67 employees and 1020 volunteers at Big Brothers Big Sisters Of Central New Mexico Inc.
Here are 16 key members and their salaries (Big Brothers Big Sisters Of Central New Mexico Inc's CEO's salary is $62,050 and their total compensation is $65,230):
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- Compensation: $62,050
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- Other: $11,465
Official website here: www.bbbs-cnm.org
Where can I find the form 990 for Big Brothers Big Sisters Of Central New Mexico Inc?
Big Brothers Big Sisters Of Central New Mexico Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bbbs-cnm.org
Learn more at the official website: www.bbbs-cnm.org
Mission Statement of Big Brothers Big Sisters Of Central New Mexico Inc
Big Brothers Big Sisters of Central New Mexico Inc is committed to making a substantial and lasting impact on the lives of children facing adversity. Their mission, in essence, is to establish and maintain professionally supported one-to-one relationships between these children and mentors. The ultimate goal is to help these children overcome the challenges they face and shape their lives positively, ensuring a better future for them.
The organization's approach is to provide children with strong and enduring relationships that act as a source of guidance, support, and inspiration. By matching these children with mentors, they aim to create a safe and nurturing environment where the child can grow, learn, and develop essential life skills. The mentor-child bond serves as a beacon of hope, offering the child a positive role model and a friendly ear in times of need.
In pursuit of their mission, Big Brothers Big Sisters of Central New Mexico Inc serves a wide area, including Bernalillo, Cibola, Sandoval, Socorro, Torrance, San Juan, Otero, and Valencia counties. They have successfully matched 1,182 children between the ages of 6 and 17 with mentors, fostering these one-to-one relationships that have the potential to change the children's lives for the better, forever. By investing in these relationships, the organization seeks to empower children to navigate their challenges and build a more promising future for themselves.
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Impact
July, 2024
Big Brothers Big Sisters Of Central New Mexico Inc's impact is profound, as it provides children facing adversity with strong and enduring, professionally supported one-to-one relationships that change their lives for the better, forever. Through their service delivery, they have matched 1,182 children ages 6 through 17 with mentors in professionally supported one-to-one relationships across eight counties in New Mexico. They focus on partnership development by recruiting mentors and corporate partners to support their program, and they ensure the success of these relationships by organizing match activities and developing discounts and low-cost or no-cost activities for the participants. The organization's work in youth development in Albuquerque, New Mexico, has a transformative effect on the lives of children in the community.
This information is meant to be a general summary of Big Brothers Big Sisters Of Central New Mexico 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 2024.
- Investment Income: $16,094
- Gross Receipts: $3,485,763
Assets and Liabilities:
- Total Assets: $1,866,855
- Total Liabilities: $253,340
- Net Assets: $1,613,515
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Organization Details
Founding Year
1973
Principal Officer
Brenda Dorsey
Website
www.bbbs-cnm.orgNTEE Category
Code: O30 - Youth development
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