Big Brothers-Big Sisters Of Long Island Inc is located in Islandia, NY. The organization was established in 1977. 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 12/2023, Big Brothers-Big Sisters Of Long Island Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Brothers-Big Sisters Of Long Island 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 12/2023, Big Brothers-Big Sisters Of Long Island Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $2.9m during the year ending 12/2023. While expenses have increased by 10.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AND SUPPORT ONE-TO-ONE MENTORING RELATIONSHIPS THAT IGNITE THE POWER AND PROMISE OF YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY-BASED MENTORING TAKES AN ADULT VOLUNTEER FROM THE COMMUNITY AND MATCHES THEM WITH A CHILD WHO, DUE TO FAMILY OR ENVIRONMENTAL FACTORS, COULD GREATLY BENEFIT FROM THE ADDITIONAL SUPPORT AND GUIDANCE A MENTOR PROVIDES. BY SPENDING CONSISTENT TIME TOGETHER, A MEANINGFUL FRIENDSHIP BLOSSOMS, PROMOTING POSITIVE GROWTH AND DEVELOPMENT FOR THE CHILD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Cox CEO | Officer | 28 | $152,000 |
Meredith Michaels Chief Dev & Mkt Of | 35 | $152,964 | |
Fabiola Turner Chief Program Off. | 35 | $132,839 | |
Vic Verola Director | Trustee | 1 | $0 |
Tim Foley Director | Trustee | 1 | $0 |
Praveen Anumolu Secretary | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $1,783,248 |
Government grants | $90,272 |
All other contributions, gifts, grants, and similar amounts not included above | $623,249 |
Noncash contributions included in lines 1a–1f | $74,945 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,496,769 |
Total Program Service Revenue | $0 |
Investment income | $69,100 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,954 |
Net Income from Fundraising Events | $254,804 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,837,627 |
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. | $152,000 |
Compensation of current officers, directors, key employees. | $10,933 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,593,338 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $217,812 |
Payroll taxes | $140,510 |
Fees for services: Management | $0 |
Fees for services: Legal | $182,385 |
Fees for services: Accounting | $15,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $32,783 |
Advertising and promotion | $0 |
Office expenses | $27,265 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,939 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,990 |
Insurance | $84,675 |
All other expenses | $50,233 |
Total functional expenses | $2,925,202 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $376,515 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $116,927 |
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 | $23,373 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,677,248 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $26,804 |
Total assets | $2,220,867 |
Accounts payable and accrued expenses | $346,656 |
Grants payable | $0 |
Deferred revenue | $250 |
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 | $476,014 |
Total liabilities | $822,920 |
Net assets without donor restrictions | $512,320 |
Net assets with donor restrictions | $885,627 |
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 | $2,220,867 |