Big Brothers & Big Sisters Services Inc
- Assets
- $559.5k
- Revenue
- $769.5k
- Investments
- $219.9k
- Employees
- 14
- Location
- Richmond, VA
- Founding
- 07/1965
- Data as of
- 12/2021
- EIN
- 54-0702502
Organization Overview
Big Brothers & Big Sisters Services Inc is located in Richmond, VA. The organization was established in 1965. 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 Services Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Brothers & Big Sisters Services 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 Services Inc generated $769.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $859.0k during the year ending 12/2021. 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
CREATE AND SUPPORT ONE-TO-ONE MENTORING RELATIONSHIPS THAT IGNITE THE POWER AND PROMISE OF YOUTH. BBBS IS ACCOUNTABLE FOR ENROLLED YOUTHBUILDING SOCIO-EMOTIONAL COMPETENCIES, INCREASING ACADEMIC ACHIEVEMENT, AND CREATING HEALTHY LIFESTYLES. YOUTH HAVE RISK FACTORS SUCH AS LIVING IN POVERTY, INCARCERATED PARENTS, AND SINGLE PARENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIG BROTHERS BIG SISTERS PROVIDES YOUTH WITH CARING, CONSISTENT, AND COMPASSIONATE MENTORS. MENTORS (BIGS) AND YOUTH (LITTLES) FOCUSON INDIVIDUAL GOALS FOR POSITIVE YOUTH DEVELOPMENT: BUILD SOCIAL SKILLS, INCREASE ACADEMIC ACHIEVEMENT, AND CREATE HEALTHY LIFESTYLES. IN 2021, 349 YOUTH WERE SERVED THROUGHOUT GREATER RICHMOND, GREATER VIRGINIA PENINSULA, HAMPTON ROADS, AND TRI-CITIES. YOUTH ARE SERVED THROUGH COMMUNITY-BASED MENTORING, SITE-BASED (SCHOOL-BASED) MENTORING. 2021 RESULTS SHOW THAT WHILE SCHOOL WAS DISRUPTED FOR ALL YOUTH, 94% OF LITTLES FEEL THEY CAN SUCCEED IN SCHOOL, 81% OF LITTLES HAVE STRONGER PEER RELATIONSHIPS AND 88% OF LITTLES PLAN TO GRADUATE HIGH SCHOOL ON TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clark Dages Treasurer | OfficerTrustee | 2 | $0 |
Morgan Witham Secretary | Trustee | 2 | $0 |
Clark Dugger Board Member | Trustee | 2 | $0 |
Candace Nicolls President | Trustee | 2 | $0 |
Jeff Kelley Board Member | Trustee | 2 | $0 |
Tricia Rhodes Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $97,707 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $490,186 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $587,893 |
| Total Program Service Revenue | $0 |
| Investment income | $6,318 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,054 |
| Net Income from Fundraising Events | $167,227 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $769,492 |
| 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 | $475,514 |
| Pension plan accruals and contributions | $79,096 |
| Other employee benefits | $54,373 |
| Payroll taxes | $35,710 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,678 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,122 |
| Advertising and promotion | $942 |
| Office expenses | $37,371 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $79,440 |
| Travel | $3,773 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,684 |
| Insurance | $17,689 |
| All other expenses | $0 |
| Total functional expenses | $858,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,117 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $143,000 |
| 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 | $10,535 |
| Net Land, buildings, and equipment | $1,724 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $219,869 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,250 |
| Total assets | $559,495 |
| Accounts payable and accrued expenses | $12,314 |
| Grants payable | $0 |
| Deferred revenue | $1,000 |
| 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 | $77,755 |
| Total liabilities | $91,069 |
| Net assets without donor restrictions | $282,092 |
| Net assets with donor restrictions | $186,334 |
| 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 | $559,495 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Big Brothers & Big Sisters Services Inc has recieved totaling $190,427.
| Awarding Organization | Amount |
|---|---|
United Way Of South Hampton Roads Norfolk, VA PURPOSE: GRANTS AWARDED | $64,927 |
John Randolph Foundation Support Fund Inc Hopewell, VA PURPOSE: CHARITABLE SUPPORT | $35,000 |
United Way Of Greater Richmond Richmond, VA PURPOSE: DONOR DIRECT FUNDS (DESIGNATIONS) FOR GENERAL PURPOSES | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $19,104 |
Inspire Brands Foundation Inc Atlanta, GA PURPOSE: MISSION SUPPORT | $13,200 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Needlink Nashville Nashville, TN | $1,657,257 | $1,670,379 |
Big Brothers Big Sisters Of Kentuckiana Inc Louisville, KY | $4,187,961 | $2,993,668 |
Big Brothers Big Sisters Of Central Carolinas Charlotte, NC | $1,666,836 | $2,152,061 |
Big Brothers-Big Sisters Of East Tennessee Knoxville, TN | $1,714,746 | $2,086,212 |
Big Brothers-Big Sisters Of Western North Carolina Inc Asheville, NC | $755,969 | $1,428,576 |
Big Brothers Big Sisters Of Greater Chattanooga Chattanooga, TN | $3,018,946 | $1,425,945 |
Big Brothers-Big Sisters Of The National Capital Area Washington, DC | $452,948 | $979,721 |
Big Brothers & Big Sisters Services Inc Richmond, VA | $559,495 | $769,492 |
Big Brothers Big Sisters Of The Triangle Inc Morrisville, NC | $1,209,583 | $811,073 |
Big Brothers-Big Sisters Of The Bluegrass Inc Lexington, KY | $153,768 | $649,100 |
Big Brothers Big Sisters Services Inc Winstonsalem, NC | $2,548,331 | $241,329 |
Big Brothers Big Sisters Of The Mid -South Inc Memphis, TN | $52,002 | $353,879 |