Big Brothers-Big Sisters Of Central Minnesota Inc
- Assets
- $3.7m
- Revenue
- $2.9m
- Investments
- $573.0k
- Employees
- 17
- Location
- St Cloud, MN
- Founding
- 01/1975
- Data as of
- 06/2022
- EIN
- 41-0972056
Organization Overview
Big Brothers-Big Sisters Of Central Minnesota Inc is located in St Cloud, MN. The organization was established in 1975. 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 06/2022, Big Brothers-Big Sisters Of Central Minnesota Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Brothers-Big Sisters Of Central Minnesota 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 06/2022, Big Brothers-Big Sisters Of Central Minnesota Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 5.0% 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
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
BIG BROTHERS BIG SISTERS OF CENTRAL MINNESOTA IS A 501(C)(3) NON-PROFIT ORGANIZATION THAT BELIEVES THAT INHERENT IN EVERY CHILD IS THE ABILITY TO SUCCEED AND THRIVE IN LIFE. FOR OVER 50 YEARS, WE HAVE PROVIDED CHILDREN FACING ADVERSITY WITH STRONG AND ENDURING, PROFESSIONALLY SUPPORTED ONE-TO-ONE RELATIONSHIPS THAT CHANGE THEIR LIVES FOR THE BETTER, FOREVER. BIG BROTHERS BIG SISTERS MAKES MEANINGFUL, MONITORED MATCHES BETWEEN VOLUNTEERS ("BIGS") AND CHILDREN ("LITTLES"), AGES 5 THROUGH 21. WE DEVELOP POSITIVE RELATIONSHIPS THAT HAVE A DIRECT AND LASTING EFFECT ON THE LIVES OF YOUNG PEOPLE. WE HOLD OURSELVES ACCOUNTABLE FOR EACH CHILD IN OUR PROGRAM ACHIEVING: -HIGHER ASPIRATIONS, GREATER CONFIDENCE, AND BETTER RELATIONSHIPS -AVOIDANCE OF RISKY BEHAVIORS -EDUCATIONAL SUCCESSTHE BIG BROTHERS BIG SISTERS YOUTH OUTCOMES SUMMARY SUBSTANTIATES THAT ITS MENTORING PROGRAMS HAVE PROVEN POSITIVE ACADEMIC, SOCIAL-EMOTIONAL AND BEHAVIOR OUTCOMES FOR YOUTH, AND IS LINKED TO LONG-TERM OUTCOMES SUCH AS HIGH SCHOOL GRADUATION, AVOIDANCE OF JUVENILE DELINQUENCY, AND COLLEGE OR JOB READINESS.BIG BROTHERS BIG SISTERS OF CENTRAL MINNESOTA SERVES FIVE COUNTIES: STEARNS, BENTON, SHERBURNE, MORRISON, AND THE NORTHERN TIER OF WRIGHT COUNTY. WE TARGET THE YOUTH THAT NEED US MOST INCLUDING THOSE LIVING IN SINGLE PARENT HOMES, GROWING UP IN POVERTY (70% OF THE CHILDREN WE SERVE ARE FROM HOUSEHOLDS BELOW 200% OF FEDERAL POVERTY GUIDELINES), DEALING WITH A MENTAL HEALTH DIAGNOSIS, AND COPING WITH PARENTAL INCARCERATION. IN ADDITION, MANY OF THE CHILDREN IN OUR PROGRAM HAVE A DEVELOPMENTAL DISABILITY, HAVE BEEN BULLIED, AND/OR STRUGGLE ACADEMICALLY OR SOCIALLY. DURING OUR PAST FISCAL YEAR, WE PROVIDED MENTORS/BIGS TO 413 CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Scholl Johnson Executive Director | Officer | 40 | $110,672 |
Vicky Welty Past-President | OfficerTrustee | 5 | $0 |
Courtney Kunkel Treasurer | OfficerTrustee | 2 | $0 |
Alex Schoephoerster President | OfficerTrustee | 5 | $0 |
Rick Roehl Vice-President | OfficerTrustee | 3 | $0 |
Patty Funk Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $95,000 |
| Membership dues | $0 |
| Fundraising events | $76,477 |
| Related organizations | $0 |
| Government grants | $70,370 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,555,261 |
| Noncash contributions included in lines 1a–1f | $26,755 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,797,108 |
| Total Program Service Revenue | $0 |
| Investment income | $107,331 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $37,864 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,942,303 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| Grants and other assistance to domestic individuals. | $32,400 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $118,699 |
| Compensation of current officers, directors, key employees. | $12,048 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $602,179 |
| Pension plan accruals and contributions | $21,998 |
| Other employee benefits | $27,476 |
| Payroll taxes | $62,395 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,332 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,247 |
| Advertising and promotion | $37,455 |
| Office expenses | $29,266 |
| Information technology | $36,433 |
| Royalties | $0 |
| Occupancy | $30,400 |
| Travel | $1,251 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,067 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $25,628 |
| All other expenses | $15,406 |
| Total functional expenses | $1,201,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,808,302 |
| Savings and temporary cash investments | $100,152 |
| Pledges and grants receivable | $198,561 |
| 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 | $22,460 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $995,759 |
| Investments—other securities | $572,974 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,000 |
| Total assets | $3,703,208 |
| Accounts payable and accrued expenses | $73,525 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $73,525 |
| Net assets without donor restrictions | $3,369,333 |
| Net assets with donor restrictions | $260,350 |
| 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 | $3,703,208 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Big Brothers-Big Sisters Of Central Minnesota Inc has recieved totaling $163,263.
| Awarding Organization | Amount |
|---|---|
Communitygiving St Cloud, MN PURPOSE: GEN/OPER SUPPORT | $65,750 |
Otto Bremer Trust St Paul, MN PURPOSE: GENERAL OPERATIONS | $65,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Optimist International Sauk Rapids, MN PURPOSE: MATCH SUPPORT | $10,000 |
Allstate Foundation Northbrook, IL PURPOSE: HELPING HANDS GROUP GRANTS GRANT | $10,000 |
Allstate Foundation Northbrook, IL PURPOSE: AGENT - INDIVIDUAL HH GRANT | $1,000 |