Big Brothers & Big Sisters Of Colorado Inc
- Assets
- $8.0m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 50
- Location
- Englewood, CO
- Founding
- 05/1982
- Data as of
- 09/2022
- 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 09/2022, 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 09/2022, Big Brothers & Big Sisters Of Colorado Inc generated $7.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $3.8m during the year ending 09/2022. While expenses have increased by 3.3% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HELP CHILDREN REACH THEIR FULL POTENTIAL THROUGH ONE-ON-ONE 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 2022, BBBSC VOLUNTEERS PROVIDED 47,419 VOLUNTEER HOURS VALUED AT 1.5 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. FOR EVERY 1 INVESTED IN BBBSC, THE COMMUNITY RECEIVES A 4 BENEFIT EITHER DIRECTLY OR IN FUTURE AVOIDED COSTS. PROGRAM: -PROVIDED ON-TO-ONE MENTORING FOR YOUTH -CELEBRATED LITTLES WHO GRADUATED FROM HIGH SCHOOL IN 2022; 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. 877 ONE-TO-ONE 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 | $161,023 |
Tracy Valentine VP Of Dev & | 40 | $128,856 | |
Danielle Ramacciotti Ed - Pikes P | 40 | $117,073 | |
Rhonda Spalin Treasurer | OfficerTrustee | 4 | $0 |
Stephen Jenks Chair | OfficerTrustee | 4 | $0 |
Andy Cullen Vice Chair | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $415,208 |
| Related organizations | $0 |
| Government grants | $1,218,645 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,793,807 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,427,660 |
| Total Program Service Revenue | $3,517 |
| Investment income | $81,391 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$57,176 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,455,392 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $90,000 |
| 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. | $172,813 |
| Compensation of current officers, directors, key employees. | $57,028 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,125,982 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $286,788 |
| Payroll taxes | $180,711 |
| 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 | $15,000 |
| Fees for services: Other | $34,859 |
| Advertising and promotion | $12,712 |
| Office expenses | $72,183 |
| Information technology | $138,132 |
| Royalties | $0 |
| Occupancy | $258,653 |
| Travel | $25,993 |
| 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 | $52,521 |
| Insurance | $52,347 |
| All other expenses | $10,236 |
| Total functional expenses | $3,831,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $421,813 |
| Savings and temporary cash investments | $782,743 |
| Pledges and grants receivable | $552,639 |
| 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 | $109,551 |
| Net Land, buildings, and equipment | $82,312 |
| Investments—publicly traded securities | $6,018,042 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,153 |
| Total assets | $7,978,253 |
| Accounts payable and accrued expenses | $306,816 |
| Grants payable | $0 |
| Deferred revenue | $67,993 |
| 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 | $0 |
| Total liabilities | $374,809 |
| Net assets without donor restrictions | $6,502,389 |
| Net assets with donor restrictions | $1,101,055 |
| 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 | $7,978,253 |
Grants Recieved
Over the last fiscal year, we have identified 28 grants that Big Brothers & Big Sisters Of Colorado Inc has recieved totaling $947,154.
| Awarding Organization | Amount |
|---|---|
Mile High United Way Inc Denver, CO PURPOSE: SIG, DESIGNATION | $144,769 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $128,000 |
The Colorado Health Foundation Denver, CO PURPOSE: MAINTAIN HEALTHY BODIES | $100,000 |
The Colorado Health Foundation Denver, CO PURPOSE: MAINTAIN HEALTHY BODIES | $100,000 |
Colorado Springs Health Foundation Colorado Springs, CO | | $75,000 |
Denver Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $74,217 |
Endowment Analysis
| Beg. Balance | $1,185,388 |
| Earnings | -$174,499 |
| Ending Balance | $1,010,889 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas Big Brothers Big Sisters Inc Wichita, KS | $7,443,732 | $8,153,095 |
Big Brothers & Big Sisters Of Colorado Inc Englewood, CO | $7,978,253 | $7,455,392 |
Big Brothers Big Sisters Of Central Arizona Phoenix, AZ | $3,528,708 | $4,392,472 |
Big Brothers-Big Sisters Of Central New Mexico Inc Albuquerque, NM | $1,866,855 | $3,085,443 |
Big Brothers Big Sisters Of The Midlands Omaha, NE | $2,335,846 | $2,948,894 |
Big Brothers Big Sisters Of Central Arizona Association Phoenix, AZ | $1,164,027 | $2,650,363 |
Greater Wyoming Big Brothers Big Sisters Laramie, WY | $6,573,692 | $1,677,748 |
Big Brothers Big Sisters Mountain Region Santa Fe, NM | $1,553,148 | $1,854,917 |
Big Brothers Big Sisters Of Southern Arizona Incorporated Tucson, AZ | $2,235,883 | $1,924,552 |
Yavapai Big Brothers Big Sisters Inc Prescott, AZ | $1,815,108 | $873,832 |
Big Brothers Of Flagstaff Flagstaff, AZ | $807,468 | $488,072 |
Big Brothers Big Sisters Of Salina Inc Salina, KS | $1,261,433 | $528,756 |