Business Volunteers Unlimited
- Assets
- $2.1m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 21
- Location
- Cleveland, OH
- Founding
- 02/1993
- Data as of
- 12/2021
- EIN
- 34-1724581
Organization Overview
Business Volunteers Unlimited, operating under the name BVU The Center for Nonprofit Excellence, is located in Cleveland, OH. The organization was established in 1993. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, BVU The Center for Nonprofit Excellence employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. BVU The Center for Nonprofit Excellence 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, BVU The Center for Nonprofit Excellence generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, BVU The Center for Nonprofit Excellence has awarded 36 individual grants totaling $463,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUSINESS VOLUNTEERS UNLIMITED (BVU) ENGAGES, CONNECTS, AND STRENGTHENS BUSINESSES, NONPROFITS, AND THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BVU STAFF CONDUCTS ASSESSMENT MEETINGS WITH OVER 350 NONPROFITS EACH YEAR TO UNDERSTAND THEIR SPECIFIC NEEDS FOR BOARD MEMBERS, TRAINING, AND SKILLED AND DIRECT SERVICE VOLUNTEERS. THROUGH THESE MEETINGS, BVU IDENTIFIES NEW WAYS TO STRENGTHEN THE CAPACITY OF THE PARTICIPATING NONPROFITS. FOLLOWING THE NEEDS ASSESSMENT, NONPROFITS HAVE ACCESS TO BOARD MEMBERS, SKILLED AND DIRECT SERVICE VOLUNTEERS, AND BVU'S NONPROFIT CONSULTING CENTER THROUGH WHICH BVU PROVIDES TARGETED AND CUSTOMIZED SERVICES TO STRENGTHEN THE CAPACITY OF OVER 180 NONPROFITS EACH YEAR. BVU HAS A RESOURCE CENTER TO HELP NONPROFITS WITH GOVERNANCE AND OPERATIONAL PROCESSES.
BVU INTERVIEWS, TRAINS, AND THOUGHTFULLY MATCHES BUSINESS PROFESSIONALS AS BOARD MEMBERS TO NONPROFIT ORGANIZATIONS, AS WELL AS INTERVIEWS AND ENGAGES BUSINESS PROFESSIONALS, RETIREES AND COMMUNITY PEOPLE AS SKILLED VOLUNTEERS TO ASSIST NONPROFITS WITH SPECIFIC SHORT-TERM PROJECTS. BVU MATCHES NEARLY 150 BOARD MEMBERS EACH YEAR, TRAINS OVER 400 BOARD MEMBERS EACH YEAR, AND ENGAGES SKILLED VOLUNTEERS AT 150 NONPROFITS EACH YEAR.
THROUGH THE VOLUNTEER CENTER, BVU REFERS OVER 15,000 VOLUNTEERS EACH YEAR TO VOLUNTEER OPPORTUNITIES WITH OVER 300 NONPROFITS. IN ADDITION, BVU STAFF WORKS WITH NONPROFITS TO DEVELOP DONE-IN-A-DAY ("DIAD") VOLUNTEER PROJECTS TO ENGAGE TEAMS OF VOLUNTEERS IN SHORT-TERM VOLUNTEERISM. BVU STAFF COORDINATE AND ENGAGE OVER 160 TEAMS IN DIAD PROJECTS PER YEAR. DUE TO THE COVID 19 PANDEMIC IN 2020, DIRECT SERVICE VOLUNTEERING WAS NOT RECOMMENDED. BVU DID CONTINUE TO PROVIDE VOLUNTEERS VARIOUS WAYS TO HELP THE NONPROFIT COMMUNITY THROUGH VIRTUAL VOLUNTEERING.
BVU IS INVOLVED IN NUMEROUS EFFORTS AND ACTIVITIES TO PROMOTE AND FACILITATE THE STRENGTHENED CAPACITY OF NONPROFITS IN NORTHEAST OHIO TO ACHIEVE THEIR MISSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth H Voudouris President And CEO | Officer | 50 | $185,204 |
Brian F Broadbent President And CEO Until June 2021 | Officer | 50 | $116,117 |
Kathleen Golovan Vice Chair | OfficerTrustee | 0.5 | $0 |
Richard C Fedorovich Vice Chair | OfficerTrustee | 0.5 | $0 |
Michael A Cogan Immediate Past Chair | OfficerTrustee | 0.5 | $0 |
Bill Priemer Chair | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $288,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $909,094 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,197,794 |
| Total Program Service Revenue | $1,121,392 |
| Investment income | $41,081 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,360,267 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $37,810 |
| 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. | $384,209 |
| Compensation of current officers, directors, key employees. | $30,929 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $958,627 |
| Pension plan accruals and contributions | $6,763 |
| Other employee benefits | $199,437 |
| Payroll taxes | $92,577 |
| Fees for services: Management | $10,820 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,430 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,994 |
| Advertising and promotion | $17,360 |
| Office expenses | $66,479 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $122,777 |
| Travel | $1,429 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,278 |
| Interest | $353 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $21,675 |
| Total functional expenses | $2,039,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $686,390 |
| Savings and temporary cash investments | $123,833 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,250,779 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,249 |
| Total assets | $2,074,251 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $2,074,251 |
| Net assets with donor restrictions | $0 |
| 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 | $2,074,251 |
Grants Awarded
Over the last fiscal year, Business Volunteers Unlimited has awarded $30,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PLEXUS PURPOSE: Program Support | $10,000 |
Cleveland, OH PURPOSE: Program Support | $10,000 |
Highland Hills, OH PURPOSE: Program Support | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Business Volunteers Unlimited has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Swagelok Foundation Solon, OH PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE | $10,000 |
Endowment Analysis
| Beg. Balance | $1,172,849 |
| Earnings | $131,757 |
| Net Contributions | $116,995 |
| Other Expense | $40,636 |
| Ending Balance | $1,380,965 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Evangelical Services For The Aging Warminster, PA | $27,952,324 | $19,280,063 |
Applewood Centers Inc Shaker Heights, OH | $31,325,035 | $19,367,243 |
Yum Brands Foundation Inc Louisville, KY | $62,047,633 | $1,353,894 |
Bell Socialization Services Inc York, PA | $8,348,943 | $17,857,924 |
Truth For Life Solon, OH | $28,565,821 | $20,814,256 |
D A Blodgett-St Johns Grand Rapids, MI | $32,947,785 | $18,508,103 |
Valley Health Care Inc Mill Creek, WV | $12,122,859 | $14,871,772 |
Michigan Nonprofit Association Lansing, MI | $6,155,794 | $10,465,564 |
Enterprise Center Capital Corporation Philadelphia, PA | $134,514,899 | $23,652,312 |
Mareda Inc Toledo, OH | $0 | $769,242 |
Lincoln Financial Foundation Inc Radnor, PA | $4,895,429 | $8,366,668 |
Ohio Laborers Training And Apprenticeship Fund Westerville, OH | $24,371,350 | $8,394,060 |