Big Brothers Big Sisters Of Rhode Island Inc
- Assets
- $4.9m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 19
- Location
- Providence, RI
- Founding
- 08/1985
- Data as of
- 12/2021
- EIN
- 22-2606942
Organization Overview
Big Brothers Big Sisters Of Rhode Island Inc is located in Providence, RI. The organization was established in 1985. According to its NTEE Classification (O31) the organization is classified as: Big Brothers & Big Sisters, under the broad grouping of Youth Development and related organizations. As of 12/2021, Big Brothers Big Sisters Of Rhode Island Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Brothers Big Sisters Of Rhode Island Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Big Brothers Big Sisters Of Rhode Island Inc generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CREATE AND SUPPORT ONE-TO-ONE MENTORING RELATIONSHIPS THAT IGNITE THE POWER AND PROMISE OF YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIG BROTHERS BIG SISTERS OF RHODE ISLAND'S MENTORING PROGRAM PAIRS CHILDREN FACING ADVERSITY WITH ADULT, VOLUNTEER MENTORS. THE FRIENDSHIP IS SUPERVISED BY OUR PROFESSIONAL STAFF TO ASSURE A POSITIVE EXPERIENCE FOR THE CHILD AS WELL AS THE VOLUNTEER. THIS IS DONE IN A VARIETY OF WAYS, INCLUDING MEETING GUIDELINES SET UP BY OUR NATIONAL ORGANIZATION, BIG BROTHERS BIG SISTERS OF AMERICA. ALL VOLUNTEERS GO THROUGH AN INTENSE SCREENING PROCESS, INCLUDING CRIMINAL BACKGROUND CHECKS, AND ARE PROVIDED WITH ON-GOING SUPPORT AND TRAINING AS PART OF OUR PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Fontes Treasurer | OfficerTrustee | $0 | |
Yomayra Reyes Secretary | OfficerTrustee | $0 | |
C Paul Oberg President | OfficerTrustee | $0 | |
Katje Afonseca CEO | Officer | $0 | |
Rosie Fernandez Board Member | Trustee | $0 | |
Hilina Ajakaiye Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $932,500 |
| Government grants | $669,411 |
| All other contributions, gifts, grants, and similar amounts not included above | $281,011 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,882,922 |
| Total Program Service Revenue | $0 |
| Investment income | $61,146 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $603,814 |
| Net Income from Fundraising Events | $82,927 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,630,809 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $674,051 |
| Pension plan accruals and contributions | $20,403 |
| Other employee benefits | $47,705 |
| Payroll taxes | $74,769 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,945 |
| Fees for services: Other | $49,023 |
| Advertising and promotion | $53,666 |
| Office expenses | $57,794 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,510 |
| Travel | $513 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,719 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,567 |
| Insurance | $14,363 |
| All other expenses | $18,772 |
| Total functional expenses | $1,253,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $255,990 |
| Savings and temporary cash investments | $175,673 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $262,209 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $125,316 |
| Net Land, buildings, and equipment | $170,672 |
| Investments—publicly traded securities | $3,861,369 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,851,229 |
| Accounts payable and accrued expenses | $116,663 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $116,663 |
| Net assets without donor restrictions | $4,163,925 |
| Net assets with donor restrictions | $570,641 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,851,229 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Big Brothers Big Sisters Of Rhode Island Inc has recieved totaling $194,811.
| Awarding Organization | Amount |
|---|---|
Fidelity Foundation Boston, MA PURPOSE: CONSTRUCTION | $100,000 |
The Rhode Island Community Foundation Providence, RI PURPOSE: PROGRAM SUPPORT; EMERGENCY ASSISTANCE FUND; BOWL FOR KIDS SAKE; BBBSRI MATCH RECRUITMENT; BBBSRI DONATION CENTER WEBSITE UPGRADES AND ONLINE ROUTE PLANNER FOR BBBSRI DRIVERS; MATCHING CONTRIBUTION; GENERAL SUPPORT; 2021 COX CHARITIES COMMUNITY GRANT RECIPIENT | $51,811 |
Alletta Morris Mcbean Charitable Trust La Quinta, CA PURPOSE: TRADITIONAL MENTORING PROGRAM ON AQUIDNECK ISLAND | $25,000 |
Billy Andrade-Brad Faxon Charities For Children Inc Providence, RI PURPOSE: CHILDREN CHARITY FUNDING FOR HEALTH, EDUCATION & WELFARE | $7,500 |
Rockland Trust Charitable Foundation Rockland, MA PURPOSE: PROGRAM SUPPORT | $5,000 |
Rockland Trust Charitable Foundation Rockland, MA PURPOSE: PROGRAM SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $276,230 |
| Earnings | $40,413 |
| Ending Balance | $316,643 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Brothers Big Sisters Of Massachusetts Bay Inc Boston, MA | $13,373,007 | $6,722,524 |
Big Sister Association Of Greater Boston Inc Boston, MA | $5,737,616 | $4,830,851 |
Nutmeg Big Brothers-Big Sisters Inc Hartford, CT | $1,432,488 | $2,203,438 |
Big Brothers Big Sisters Of Rhode Island Inc Providence, RI | $4,851,229 | $2,630,809 |
Big Brothers Big Sisters Of Central Mass Metrowest Inc Worcester, MA | $1,234,066 | $1,198,824 |
Big Brothers Big Sisters Of Swct Foundation Inc Bridgeport, CT | $0 | $199,517 |
Jewish Big Brother & Big Sister Assn Of Gr Boston Endowment Fund I Newton, MA | $8,167,883 | $1,019,125 |
Big Brothers-Big Sisters Of Hampden County Nc West Springfield, MA | $273,192 | $414,218 |
Big Brother-Big Sister Association Of Franklin County Inc Greenfield, MA | $131,550 | $329,874 |
Big Brothers Big Sisters Of Southwestern Ct Bridgeport, CT | $0 | $28,979 |