Big Brothers Big Sisters Serving Greater Richmond meets the 20 Standards for Charity Accountability.
Big Brothers Big Sisters Serving Greater Richmond (BBBS Richmond) reports that it offers one-to-one mentorships between adult volunteers and children aged six through young adulthood. These mentorships are based on the child's needs and the mentor's background, skills, common interests, and personality. The organization states that it prioritizes child safety and provides ongoing coaching to enrolled children, parents and guardians, and mentors on a monthly basis. Enrolled children are provided with individualized Youth Outcomes Development Plans that are used to set goals to increase academic achievement, build social skills, and create healthy lifestyles. In 2019, BBBS Richmond reports that 563 children were served throughout the Greater Richmond area.
For the year ended December 30, 2019, Big Brothers Big Sisters Serving Greater Richmond's program expenses were:
Program services |
$845,714 |
Total Program Expenses: |
$845,714 |
-
Chief Executive
Danielle Cohen, Executive Director
-
Compensation*
$0
-
Chair of the Board
Candace Nicolls
-
Chair's Profession / Business Affiliation
Senior Vice President of Human Resources, Snagajob
-
Board Size
13
-
Paid Staff Size
11
*2020 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: Ms. Cohen assumed the position of Executive Director in March 2020. Ms. Cohen's compensation is not available at this time. Ann Payes served as the Executive Director in 2019, receiving $101,635 in compensation.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Telephone appeals, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 15% of related contributions. (Related contributions, which totaled $956,961 are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Big Brothers Big Sisters Serving Greater Richmond's audited financial statements for the year ended December 30, 2019.
Source of Funds |
Grants |
$395,050 |
Special events, net |
$269,232 |
Contributions |
$171,272 |
United Way |
$121,407 |
Unrealized gains on investments |
$14,281 |
Investment income, net |
$8,065 |
Total Income |
$979,307 |
- Programs: 80%
- Fundraising: 13%
- Administrative: 7%
Total Income |
$979,307 |
Program expenses |
$845,714 |
Fundraising expenses |
$141,620 |
Administrative expenses |
$82,924 |
Other expenses |
$0 |
Total expenses: |
$1,070,258 |
Income in Excess of Expenses |
$-90,951 |
Beginning Net Assets |
$597,398 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$506,447 |
Total Liabilities |
$93,521 |
Total Assets |
$599,968 |
Note: According to BBBS Richmond's 2019 audited financial statements, the organization received $15,488 in donated space.