BIG BROTHERS BIG SISTERS OF NORTHEAST FLORIDA
Using data as of: June 2016
Rating: RECOMMEND
About
The Big Brothers Big Sisters organization matches at-risk children with volunteer mentors to provide a caring adult in their life. Most children come from a low-income, single parent household or have incarcerated parents. The majority of the children are mentored once a week at their school, while other children are mentored through outings and activities in their community.
The Northeast Florida chapter was formed in 1914 and is one of the oldest nonprofits in the state. Last year they served over 1,100 children and almost 98 percent improved their school attendance, 94 percent maintained or improved classroom behavior, and 93 percent were promoted on time to the next grade level.
More information on Big Brothers Big Sisters of Northeast Florida can be found here:
https://www.bbbsnefl.org/
Big Brothers Big Sisters Facebook:
https://www.facebook.com/bbbsnefl/
Our Analysis
Financial information comes from the latest public Form 990 filing.
Financial Overview
Big Brothers Big Sisters of Northeast Florida brought in almost $1.8 million in revenue according to their latest report, resulting in a small deficit.FINANCIAL INFORMATION
| CURRENT YEAR | |
|---|---|
| Contributions | 1,738,139 |
| Other Revenue | 25,536 |
| TOTAL REVENUE | 1,764,032 |
| Salaries & Compensation | 1,373,657 |
| Other Expenses | 421,233 |
| TOTAL EXPENSES | 1,794,890 |
| Revenue Minus Expenses | -30,858 | Totals may include items not listed above |
| END OF YEAR | |
|---|---|
| Assets | 538,883 |
| Liabilities | 153,200 |
| NET ASSETS | 385,683 |
| Number of employees | 37 |
| Voting board members | 24 |
Income Sources
That revenue came almost exclusively from outside contributions, which added $1.7 million in revenue.INCOME SOURCES
| TOTAL REVENUE | |
|---|---|
| Contributions | 1,738,139 |
| Fundraising Events | 25,536 |
| Government Grants | 0 |
| TOTAL | 1,763,675 |
| Program Revenue | 0 |
| TOTAL REVENUE | 1,764,032 | Totals may include items not listed above |
Expenses and Philanthropic Spending
Big Brothers Big Sisters does well with their spending and nearly 86% of spending goes to their mission. We like to see a charity spend at least 75% on their mission, so 86% is decent. They have modest fundraising expenses, but don’t seem to raise much from that fundraising, either.| Program Spending | |
|---|---|
| Site Based (School) Program | 1,039,185 |
| Community Based Program | 498,649 |
| TOTAL | 1,537,834 |
EXPENSES
| TOTAL EXPENSES | PROGRAM EXPENSES | ADMIN EXPENSES | FUNDRAISING EXPENSES | |
|---|---|---|---|---|
| Total expenses | 1,794,890 | 1,537,834 | 147,122 | 109,934 |
| Percentage of spending | 85.7% | 8.2% | 6.1% |
In the news
June 22, 2017 - Big Brothers Big Sisters Northeast Florida CEO retiring from ‘best position I’ve ever had’
http://jacksonville.com/news/metro/2017-06-23/big-brothers-big-sisters-northeast-florida-ceo-retiring-best-position-i-ve
Our Conclusion
Big Brothers Big Sisters of Northeast Florida does a good job serving the community through their mission. They experienced a turnover of their CEO over the past year, but the successor comes from within the organization so there is not a lack of continuity. Also, we’d like to see a smaller board size – 24 voting members is almost twice as large as we’d like to see. All that said, we give them a RECOMMEND rating.
Contact:
Big Brothers Big Sisters of Northeast Florida
40 East Adams Street, Suite 220
Jacksonville, Florida 32202
Phone: (904) 727-9797
Big Brothers Big Sisters Form 990 – Financial Information: LINK
Financial information comes from the latest Form 990 filing. This review is the opinion of Local Philanthropic and is provided for general information purposes only. Please conduct your own due diligence before donating to any nonprofit.