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New York BBB Wise Giving Report for
Big Brothers Big Sisters of New York City

A BBB Accredited charity

 



Expiration Date:
04/2016
Name:
Big Brothers Big Sisters of New York City
Address:
223 East 30th Street
New York, NY 10016
Phone:
212-686-2042
Web Site:
Year, State Incorporated:
1904, New York
Affiliates:
None
Stated Purpose:
" The mission of Big Brothers Big Sisters of New York City is to provide children facing adversity in New York City with strong and enduring, professionally supported 1-to-1 mentoring relationships with adults that change their lives for the better, forever. We partner with families, volunteers, organizations and the community to inspire positive change in all. "





Evaluation Conclusions
 

              
Big Brothers Big Sisters of New York City meets the 20 Standards for Charity Accountability.




Programs
 

              
Big Brothers Big Sisters of New York City provides mentoring programs to New York City youth. The organization offers three types of programs: community-based programs, site-based programs, and programs for special populations, such as the children of incarcerated parents. The organization's largest program, the Traditional Mentoring Program, serves the general population ages 7-17, in need of an adult mentor. The program require a commitment of one year from the youth (Littles), their family, and the mentors (Bigs).



Governance
 

              
Chief Executive Officer:
Mr. Hector Batista, Executive Director/CEO
Compensation*:
$250,001
Chair of the Board:
Laura Parsons, Psy.D.
Chair's Profession / Business Affiliation:
Developmental Psychologist/ Self-employed
Board Size:
57
Paid Staff Size:
100



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitations to fund raising events, grant proposals
Fund raising costs were 14.3% of related contributions. (Related contributions, which totaled $8,654,340, are donations received as a result of fund raising activities.)




Tax Status
 

              
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.




Financial
 

              
The following information is based on BBBS's Audited Financial Statements for the fiscal year ended June 30, 2013.

Source of Funds  

Net revenue from special events

$4,929,949

Private grants and contributions

2,816,504

Government grants and contracts

891,293

Net realized and unrealized gains on investments

730,542

Interest and dividends

418,810

United Way

16,594

Total Income

$9,803,692

Program Expenses  

Mentoring

$7,053,339
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

7,053,339
1,235,678
797,075

$9,086,092

$717,600




Uses of Funds as a % of Total Expenses


Programs: 78%  Fund Raising: 14%  Administrative 9% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $14,289,382
Ending net assets 15,006,982
Total liabilities 1,102,144

Total assets

$16,109,126






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.