Big Brothers & Big Sisters Of Colorado Inc
- Assets
- $7.7m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 50
- Location
- Englewood, CO
- Founding
- 05/1982
- Data as of
- 09/2023
- EIN
- 23-7161796
Organization Overview
Big Brothers & Big Sisters Of Colorado Inc is located in Englewood, CO. The organization was established in 1982. 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 09/2023, Big Brothers & Big Sisters Of Colorado Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Brothers & Big Sisters Of Colorado 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 09/2023, Big Brothers & Big Sisters Of Colorado Inc generated $4.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $4.7m during the year ending 09/2023. While expenses have increased by 5.7% 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
HELP CHILDREN REACH THEIR FULL POTENTIAL THROUGH VOLUNTEER MENTORING RELATIONSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR HIGH-IMPACT MENTORING PROGRAMS ARE DELIVERED BY VOLUNTEERS AND SUPPORTED BY BBBSC STAFF. THE IRS DOES NOT ALLOW THE REPORTING OF THE VALUE OF THESE VOLUNTEER-PROVIDED SERVICES IN OUR FINANCIAL STATEMENTS, BUT THESE SERVICES ARE CRITICAL TO THE BIG BROTHERS BIG SISTERS OF COLORADO MENTORING PROGRAM OPERATIONS. IN FY2023, BBBSC VOLUNTEERS PROVIDED 37,746 VOLUNTEER HOURS VALUED AT 1.3 MILLION. THIS SIGNIFICANT VALUE RESULTS IN LOWER ADMINISTRATIVE/FUNDRAISING-RELATED EXPENSE PERCENTAGES THAN REFLECTED IN THE 990, PART IX. WHEN THE REPORTED PROGRAM-RELATED EXPENSES ARE COMBINED WITH THIS VOLUNTEER-PROVIDED ADDED VALUE, OUR PROGRAM-RELATED EXPENSES EQUAL 70% OF OUR TOTAL EXPENDITURES. PROGRAM: -PROVIDED VOLUNTEER MENTORING FOR YOUTH -CELEBRATED LITTLES WHO GRADUATED FROM HIGH SCHOOL IN 2023; MANY ARE THE FIRST IN THEIR FAMILY TO REACH THIS MILESTONE -OFFERED OVER ORIENTATIONS, WORKSHOPS, AND TRAININGS FOR MENTORS. ALSO PROVIDED BACKPACKS WITH SCHOOL SUPPLIES AND ADOPTED FAMILIES DURING THE HOLIDAYS. ADDITIONALLY, MADE RESOURCE REFERRALS FOR CLOTHES, MEDICAL CARE, COUNSELING, FURNITURE, ETC. THESE RESOURCES KEEP MATCHES OPEN, KEEP FAMILIES ENGAGED AND CONNECTED AND SUPPORTED THE MENTOR. 699 MENTORING RELATIONSHIPS SUPPORTED, 86% OF HIGH SCHOOL MENTEES WENT TO GO TO COLLEGE, 96% OF YOUTH FEEL ACCEPTED BY THEIR PEERS, 92% OF MENTEES BELIEVE THEIR RELATIONSHIP WITH THEIR MENTOR IS IMPORTANT TO THEM, 87% OF YOUTH MAINTAINED OR IMPROVED THEIR GRADES, 91% OF MENTEES FEEL CLOSE TO THEIR MENTORS. -RESEARCH PROVES THAT SPENDING TIME WITH A CHILD THROUGH MENTORING WORKS. IT LEADS TO IMPROVED GRADES IN SCHOOL, DECREASES IN RISKY AND DELINQUENT BEHAVIORS, AND INCREASES IN SELF-CONFIDENCE. BIG BROTHERS BIG SISTERS OF COLORADO IS COMMITTED TO CONTINUOUSLY EVALUATING AND IMPROVING THE QUALITY OF THE SERVICES WE PROVIDE TO YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elycia Cook CEO | OfficerTrustee | 40 | $183,111 |
Tracy Valentine VP Dev/marke | 40 | $130,761 | |
Danielle Ramacciotti Ed - Pikes P | 40 | $123,437 | |
John Gantt COO | Officer | 40 | $116,847 |
Jerome Blackwell Board Member | Trustee | 2 | $0 |
Brian Boonstra Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $714,858 |
| Related organizations | $0 |
| Government grants | $1,435,824 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,050,655 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,201,337 |
| Total Program Service Revenue | $31,750 |
| Investment income | $240,687 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $327,530 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,801,304 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $127,994 |
| Grants and other assistance to domestic individuals. | $25,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $299,362 |
| Compensation of current officers, directors, key employees. | $171,552 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,410,626 |
| Pension plan accruals and contributions | $59,495 |
| Other employee benefits | $355,829 |
| Payroll taxes | $222,778 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,824 |
| Fees for services: Other | $115,353 |
| Advertising and promotion | $0 |
| Office expenses | $71,307 |
| Information technology | $108,062 |
| Royalties | $0 |
| Occupancy | $323,725 |
| Travel | $69,452 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,223 |
| Insurance | $0 |
| All other expenses | $18,172 |
| Total functional expenses | $4,737,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $824,860 |
| Savings and temporary cash investments | $765,868 |
| Pledges and grants receivable | $401,324 |
| Accounts receivable, net | $0 |
| 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 | $100,063 |
| Net Land, buildings, and equipment | $54,746 |
| Investments—publicly traded securities | $5,568,205 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,715,066 |
| Accounts payable and accrued expenses | $189,528 |
| Grants payable | $0 |
| Deferred revenue | $34,373 |
| 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 | $11,105 |
| Total liabilities | $235,006 |
| Net assets without donor restrictions | $6,471,625 |
| Net assets with donor restrictions | $1,008,435 |
| 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 | $7,715,066 |
Grants Awarded
Over the last fiscal year, Big Brothers & Big Sisters Of Colorado Inc has awarded $127,994 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
DETROIT CARES MENTORING MOVEMENT PURPOSE: STARS PROGRAM | $29,898 |
RIVERSIDE SAN BERNADINO COUNTYINDIAN HEALTH INC PURPOSE: STARS PROGRAM | $27,031 |
SUNY SCHENECTADY COUNTYCOMMUNITY COLLEGES PURPOSE: STARS PROGRAM | $35,536 |
UNIVERSITY OF TEXAS AT AUSTIN PURPOSE: STARS PROGRAM | $35,529 |