GOLD2023

Big Brothers Big Sisters Services, Inc.

Creating and supporting one-to-one mentoring relationships that ignite the power and promise of youth

Richmond, VA   |  www.bigbrobigsis.com
GuideStar Charity Check

Big Brothers Big Sisters Services, Inc.

EIN: 54-0702502


Mission

Big Brothers Big Sisters' mission is to provide children facing adversity with strong and enduring, professionally supported, one-to-one mentoring relationships that change their lives for the better, forever.

Ruling year info

1965

Principal Officer

Ellie Martinez

Main address

1707 Summit Ave, #200 Suite 200

Richmond, VA 23230 USA

Show more contact info

EIN

54-0702502

Subject area info

Education

Youth mentoring

Adult and child mentoring

Population served info

Children and youth

Girls

Boys

NTEE code info

Adult, Child Matching Programs (O30)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Blog

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Community-based & Site-based Mentoring

Big Brothers Big Sisters Service, Inc’s (BBBS) mission is to create and support one-to-one mentoring relationships that ignite the power and promise of youth.

Active in Richmond since 1962, BBBS is accountable for enrolled youth building social skills, increasing academic achievement, and creating healthy lifestyles. Enrolled youth (Littles) are matched with a volunteer mentor (Bigs) who commit to meet consistently as a match for a minimum of one year. When youth have the influence of a caring adult, they are more likely to avoid risky behaviors and to focus on academics (Search Institute). Being matched with a Big Brother or Big Sister can help them navigate challenges, reach their potential and leave a positive impact on their community.

BBBS is a research-based, outcomes-oriented mentoring organization which drives relationships with a shared sense of purpose to help children reach their goals. To achieve these goals, Big Brothers Big Sisters has two core programs:

Community-Based Mentoring: Traditional one-to-one mentoring during out-of-school time to allow youth to ignite and harness their own potential by building a positive relationship with an adult and engaging with the world around them. Bigs and Littles spend 9-12 hours per month together, clearing the path to the child’s biggest possible future.

Site-Based Mentoring: One-to-one lunch time mentoring in a structured environment to help build caring and productive school climates and to create consistent, meaningful interactions between Bigs and Littles for one hour per week during the school year. Littles cultivate abilities to shape their own lives and create a commitment to learning.

To ensure safety during the COVID-19 pandemic, BBBS advises Bigs and Littles to meet virtually or through socially distanced outings while following CDC guidelines.

BBBS is proud to be donor and volunteer supported, with no fees charged for services.

Population(s) Served
Children and youth
Low-income people

Where we work

Affiliations & memberships

ConnectRichmond 2010

ConnectSouthside 2010

Greater Richmond Chamber of Commerce 2010

United Way of Greater Richmond & Petersburg Partnership Agency 2010

Financials

Big Brothers Big Sisters Services, Inc.
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021 info

SOURCE: IRS Form 990

1.97

Average of 3.09 over 10 years

Months of cash in 2021 info

SOURCE: IRS Form 990

2.5

Average of 1.9 over 10 years

Fringe rate in 2021 info

SOURCE: IRS Form 990

36%

Average of 27% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Big Brothers Big Sisters Services, Inc.

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Big Brothers Big Sisters Services, Inc.

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Big Brothers Big Sisters Services, Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Big Brothers Big Sisters Services, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2017 2018 2019 2020 2021
Unrestricted surplus (deficit) before depreciation $36,511 $92,642 -$74,520 $136,520 -$60,555
As % of expenses 4.0% 9.6% -7.5% 14.7% -7.1%
Unrestricted surplus (deficit) after depreciation $30,836 $86,107 -$81,780 $130,213 -$65,239
As % of expenses 3.4% 8.8% -8.2% 13.9% -7.6%
Revenue composition info
Total revenue (unrestricted & restricted) $934,788 $1,030,600 $891,282 $969,789 $769,492
Total revenue, % change over prior year 2.7% 10.2% -13.5% 8.8% -20.7%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.6% 0.6% 0.9% 1.0% 0.8%
Government grants 0.0% 0.0% 0.0% 13.6% 0.0%
All other grants and contributions 99.3% 99.3% 99.1% 85.3% 98.1%
Other revenue 0.2% 0.1% 0.0% 0.0% 1.0%
Expense composition info
Total expenses before depreciation $914,346 $969,606 $989,255 $928,179 $854,313
Total expenses, % change over prior year 1.0% 6.0% 2.0% -6.2% -8.0%
Personnel 68.0% 71.1% 70.4% 71.9% 75.5%
Professional fees 6.1% 5.9% 5.0% 7.6% 4.4%
Occupancy 9.8% 9.9% 11.6% 12.9% 9.3%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 16.1% 13.1% 13.0% 7.6% 10.8%
Full cost components (estimated) info 2017 2018 2019 2020 2021
Total expenses (after depreciation) $920,021 $976,141 $996,515 $934,486 $858,997
One month of savings $76,196 $80,801 $82,438 $77,348 $71,193
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $9,584 $8,936 $0 $0 $0
Total full costs (estimated) $1,005,801 $1,065,878 $1,078,953 $1,011,834 $930,190

Capital structure indicators

Liquidity info 2017 2018 2019 2020 2021
Months of cash 2.5 2.1 1.2 3.3 2.5
Months of cash and investments 4.6 4.6 4.0 5.9 5.6
Months of estimated liquid unrestricted net assets 2.5 3.4 2.5 4.4 3.9
Balance sheet composition info 2017 2018 2019 2020 2021
Cash $187,838 $166,784 $100,051 $258,859 $179,117
Investments $165,058 $207,364 $226,998 $200,768 $219,869
Receivables $174,077 $234,500 $235,996 $162,528 $143,000
Gross land, buildings, equipment (LBE) $55,300 $47,039 $46,227 $46,227 $36,463
Accumulated depreciation (as a % of LBE) 66.6% 55.6% 71.4% 85.1% 95.3%
Liabilities (as a % of assets) 10.4% 7.1% 15.6% 13.6% 16.3%
Unrestricted net assets $212,791 $298,898 $217,118 $347,331 $282,092
Temporarily restricted net assets $282,410 $298,500 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $282,410 $298,500 $289,329 $205,862 $186,334
Total net assets $495,201 $597,398 $506,447 $553,193 $468,426

Key data checks

Key data checks info 2017 2018 2019 2020 2021
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Principal Officer

Ellie Martinez

Number of employees

Source: IRS Form 990

Big Brothers Big Sisters Services, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

Big Brothers Big Sisters Services, Inc.

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

Big Brothers Big Sisters Services, Inc.

Board of directors
as of 09/14/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Ms. Meghan Barbato

EAB

Term: 2023 - 2025

Morgan Witham

COLAB

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Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 9/14/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Hispanic/Latino/Latina/Latinx
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Gay, lesbian, bisexual, or other sexual orientations in the LGBTQIA+ community
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data