Big Brothers Big Sisters Of The Greater Twin Cities
- Assets
- $11.6m
- Revenue
- $8.6m
- Investments
- $0.0
- Employees
- 69
- Location
- Minneapolis, MN
- Founding
- 11/2002
- Data as of
- 09/2021
- EIN
- 32-0017737
Organization Overview
Big Brothers Big Sisters Of The Greater Twin Cities is located in Minneapolis, MN. The organization was established in 2002. 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 09/2021, Big Brothers Big Sisters Of The Greater Twin Cities employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Brothers Big Sisters Of The Greater Twin Cities 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 09/2021, Big Brothers Big Sisters Of The Greater Twin Cities generated $8.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $4.6m during the year ending 09/2021. 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
TO CREATE AND SUPPORT MENTORING RELATIONSHIPS THAT IGNITE THE POWER AND PROMISE OF YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENROLLMENT AND MATCHING, COMMUNITY BASED MENTORING, EDUCATIONAL AND TEEN PROGRAMMING, AND FREE ARTS PROGRAM: APPROXIMATELY 3,000 TWIN CITIES YOUTH ARE ENGAGED IN ONE-TO-ONE AND GROUP MENTORING RELATIONSHIPS.AFTER BEING MENTORED FOR AT LEAST A YEAR, YOUTH IN OUR PROGRAM DEMONSTRATED THE FOLLOWING GROWTH IN 2021: 91% KEPT OR CREATED PLANS FOR HIGH SCHOOL GRADUATION AND BEYOND; 84% REPORTED A STRONG OR INCREASED LEVEL OF SOCIAL COMPETENCE; 86% STAYED ON TRACK WITH OR IMPROVED EMOTIONAL REGULATION SKILLS; 96% AVOIDED OR DECREASED RISKY BEHAVIORS; 76% STAYED ON TRACK WITH OR IMPROVED GRADES/ACADEMIC PERFORMANCE; AND 86% REPORTED A STRONG OR INCREASING LEVEL OF ENGAGEMENT WITH SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Goar President & CEO - Through 12/31/20 | Officer | 40 | $195,345 |
Natalie Obee VP Of Finance & Operations | Officer | 40 | $108,958 |
Richard Penn Director And Chair | OfficerTrustee | 1 | $0 |
Jamie Hofberger Director And Vice-Chair | OfficerTrustee | 1 | $0 |
Steve Hentges Director And Treasurer | OfficerTrustee | 1 | $0 |
Jerry Allen Director And Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $12,008 |
| Membership dues | $0 |
| Fundraising events | $273,081 |
| Related organizations | $0 |
| Government grants | $914,471 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,353,811 |
| Noncash contributions included in lines 1a–1f | $116,322 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,553,371 |
| Total Program Service Revenue | $0 |
| Investment income | $23,961 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $21,654 |
| Net Income from Fundraising Events | -$14,369 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,589,227 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $34,085 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $204,079 |
| Compensation of current officers, directors, key employees. | $132,549 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,208,557 |
| Pension plan accruals and contributions | $34,360 |
| Other employee benefits | $262,510 |
| Payroll taxes | $160,571 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,330 |
| Fees for services: Accounting | $81,714 |
| Fees for services: Lobbying | $40,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,103 |
| Fees for services: Other | $249,608 |
| Advertising and promotion | $11,959 |
| Office expenses | $409,685 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $182,769 |
| Travel | $7,879 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,214 |
| Interest | $98,793 |
| Payments to affiliates | $42,583 |
| Depreciation, depletion, and amortization | $291,639 |
| Insurance | $130,273 |
| All other expenses | $0 |
| Total functional expenses | $4,648,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,066,016 |
| Pledges and grants receivable | $388,225 |
| Accounts receivable, net | $0 |
| 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 | $77,705 |
| Net Land, buildings, and equipment | $4,356,563 |
| Investments—publicly traded securities | $3,671,126 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,960 |
| Total assets | $11,592,595 |
| Accounts payable and accrued expenses | $292,056 |
| 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 | $1,205,128 |
| Unsecured mortgages and notes payable | $481,402 |
| Other liabilities | $6,907 |
| Total liabilities | $1,985,493 |
| Net assets without donor restrictions | $8,952,064 |
| Net assets with donor restrictions | $655,038 |
| 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 | $11,592,595 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Big Brothers Big Sisters Of The Greater Twin Cities has recieved totaling $974,892.
| Awarding Organization | Amount |
|---|---|
Cargill Foundation Minneapolis, MN PURPOSE: BEYOND SCHOOL WALLS PROGRAM | $300,000 |
Minneapolis Foundation Minneapolis, MN PURPOSE: DONOR-RECOMMENDED, HUMAN SERVICES | $233,100 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $117,583 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $117,583 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $65,065 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $45,500 |
Endowment Analysis
| Beg. Balance | $108,852 |
| Earnings | $11,658 |
| Net Contributions | $5,138 |
| Ending Balance | $125,648 |