Overview
What is Big Brothers Big Sisters Of Utah?
Big Brothers Big Sisters of Utah (BBBSU) is a renowned nonprofit organization situated in Salt Lake City, Utah. The organization's mission is to foster positive change in the lives of children by providing mentoring services. A significant contributor to BBBSU's success is Friends of Big Brothers Big Sisters of Utah (FBBBSU), which raised substantial funds in 2022. FBBBSU collected approximately 3.9 million pounds of used clothing and household items, an 18% increase from the previous year, and sold these items to Savers Thrift Stores and other outlets. This revenue contribution increased from 19% in 2021 to 27% in 2022, significantly aiding BBBSU's financial stability. The organization, with a team of 30 employees, is committed to its mission and has budgeted to provide 850,000 in financial support to BBBSU in 2023.
Official website here: www.bbbsu.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 51%, One-Star out of Four Star rating.
Big Brothers Big Sisters of Utah has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial health and accountability. The organization scored well in several governance categories, such as having an independent board and strong policies in place. However, its overall financial metrics, especially the program expense and fundraising efficiency ratios, are notably low, raising questions about its effective use of donations.
The strengths of the organization lie in its governance practices, where it achieved full points for its board structure and policies. This suggests a commitment to transparency and ethical management. However, the low program expense ratio indicates that a substantial portion of its funding may not be directed towards its core programs, which could limit its impact on the community it serves.
Moreover, the fundraising efficiency ratio indicates that the organization spends a considerable amount to raise funds, which may further constrain its operational effectiveness. Overall, while Big Brothers Big Sisters of Utah demonstrates strong governance, the financial challenges highlighted in the rating suggest a need for improvement in program funding and fundraising efficiency to better serve its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Big Brothers Big Sisters Of Utah?
98% of 31 reviewers on Facebook recommend Big Brothers Big Sisters of Utah. Here is a summary of their reviews:
Many patrons express satisfaction with the matching process, highlighting the effort put in by the organization to connect mentors with youth. One reviewer specifically praised their experience, stating their teen son was paired with an excellent Big Brother, demonstrating the program's effectiveness in fostering meaningful relationships.
Overall, the sentiment among users is overwhelmingly positive, underscoring the hard work of the staff in building these important connections. The nonprofit seems to deliver on its promises, making a notable impact in the community.
This AI summary has been generated from reviews found on Facebook.
Is Big Brothers Big Sisters Of Utah legitimate?
Big Brothers Big Sisters Of Utah is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Brothers Big Sisters Of Utah 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: $869,109
For more financial information, click here
Official website here: www.bbbsu.org
What is the mission statement of Big Brothers Big Sisters Of Utah?
Big Brothers Big Sisters of Utah's mission is primarily focused on raising funds for their organization. They achieve this by collecting used clothing and household items and selling them to thrift stores and other buyers. The funds generated through this initiative significantly contribute to Big Brothers Big Sisters of Utah's revenue. In 2022, the Friends of Big Brothers Big Sisters of Utah, a contributing entity, collected approximately 3.9 million pounds of goods, marking an 18% increase from the previous year. This contribution accounted for 27% of Big Brothers Big Sisters of Utah's revenue in 2022, as compared to 19% in the previous year. The financial support provided by Friends of Big Brothers Big Sisters of Utah in 2022 totaled 700,000 dollars, significantly higher than the 460,000 dollars in 2021. The organization is projected to provide 850,000 dollars in financial support to Big Brothers Big Sisters of Utah in 2023.
Official website here: www.bbbsu.org
What is the revenue of Big Brothers Big Sisters Of Utah?
Big Brothers Big Sisters Of Utah's revenue in 2023 was $2,429,635.
Official website here: www.bbbsu.org
Who are the executives of Big Brothers Big Sisters Of Utah and what are their salaries?
The average compensation at Big Brothers Big Sisters Of Utah during 2023 was $34,764. There are 25 employees and 10 volunteers at Big Brothers Big Sisters Of Utah.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $106,122
- Other: $13,506
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.bbbsu.org
Where can I find the form 990 for Big Brothers Big Sisters Of Utah?
Big Brothers Big Sisters Of Utah's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bbbsu.org
Learn more at the official website: www.bbbsu.org
Mission Statement of Big Brothers Big Sisters Of Utah
Big Brothers Big Sisters of Utah, a notable organization, raises funds through an innovative approach. They collect used clothing and household items, and then sell these goods to various buyers, such as Savers Thrift Stores. This initiative, led by Friends of Big Brothers Big Sisters of Utah (FBBBSU), has proven to be a significant contributor to the organization's success. In 2022, FBBBSU successfully collected approximately 3.9 million pounds of items, marking an 18% increase compared to the previous year. This collection effort accounted for 27% of Big Brothers Big Sisters of Utah's revenue in 2022, contrasting with the 19% contribution in the preceding year. The financial support provided by FBBBSU in 2022 amounted to 700,000 dollars, a substantial increase from the 460,000 dollars in 2021. This mission of collecting and selling used items is a crucial component that significantly contributes to the overall success of Big Brothers Big Sisters of Utah.
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Impact
July, 2024
Big Brothers Big Sisters of Utah, through the efforts of Friends of Big Brothers Big Sisters of Utah (FBBBSU), has had a significant impact on the organization's success. In 2022, FBBBSU collected approximately 3.9 million pounds of used clothing and household items, a 18% increase from the previous year. This collection effort contributed to 27% of Big Brothers Big Sisters of Utah's revenue in 2022, compared to 19% in the previous year.
The financial support provided by FBBBSU amounted to $700,000 in 2022, a substantial increase from the $460,000 provided in 2021. Looking ahead, it is projected that FBBBSU will provide $850,000 in financial support to Big Brothers Big Sisters of Utah in 2023. This consistent growth in contributions demonstrates the dedication and effectiveness of FBBBSU in raising funds to support the youth development programs of Big Brothers Big Sisters of Utah.
This information is meant to be a general summary of Big Brothers Big Sisters Of Utah. 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: $10,775
- Gross Receipts: $2,804,606
Assets and Liabilities:
- Total Assets: $1,605,158
- Total Liabilities: $621,421
- Net Assets: $983,737
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Organization Details
Founding Year
1995
Principal Officer
Nancy Winemiller-Basinger
Website
www.bbbsu.orgNTEE Category
Code: O30 - Youth development
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