Big Brothers & Sisters Of Central Virginia Inc
- Assets
- $318.5k
- Revenue
- $342.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Lynchburg, VA
- Founding
- 06/1973
- Data as of
- 12/2021
- EIN
- 54-0908680
Organization Overview
Big Brothers & Sisters Of Central Virginia Inc is located in Lynchburg, VA. The organization was established in 1973. 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 12/2021, Big Brothers & Sisters Of Central Virginia Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Brothers & Sisters Of Central Virginia 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 12/2021, Big Brothers & Sisters Of Central Virginia Inc generated $342.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $266.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BENEFIT DISADVANTAGED CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS PROGRAM ACTIVITIES FOR THE BENEFIT OF CHILDREN FACING ADVERSITY WITH STRONG AND ENDURING PROFESSIONALLY SUPPORTED ONE-TO-ONE RELATIONSHIPS THAT CHANGE THEIR LIVES FOR THE BETTER, FOREVER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Larson Secretary | OfficerTrustee | $0 | |
Clarence Watkins Vice Preside | OfficerTrustee | $0 | |
Wren Roberts Treasurer | OfficerTrustee | $0 | |
Marc Schewel President | OfficerTrustee | $0 | |
Richard Gorman Executive Di | Officer | $0 | |
Timothy Perry Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $44,043 |
| Membership dues | $0 |
| Fundraising events | $63,209 |
| Related organizations | $0 |
| Government grants | $50,873 |
| All other contributions, gifts, grants, and similar amounts not included above | $184,037 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $342,162 |
| Total Program Service Revenue | $0 |
| Investment income | $85 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $342,247 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $166,488 |
| Pension plan accruals and contributions | $13,074 |
| Other employee benefits | $10,595 |
| Payroll taxes | $11,380 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,630 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $676 |
| Office expenses | $2,583 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,931 |
| Travel | $1,618 |
| 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 | $5,528 |
| Insurance | $6,502 |
| All other expenses | $0 |
| Total functional expenses | $266,483 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,089 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $2,968 |
| Net Land, buildings, and equipment | $93,491 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $318,548 |
| Accounts payable and accrued expenses | $3,675 |
| 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 | $3,675 |
| Net assets without donor restrictions | $314,873 |
| Net assets with donor restrictions | $0 |
| 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 | $318,548 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Big Brothers & Sisters Of Central Virginia Inc has recieved totaling $104,603.
| Awarding Organization | Amount |
|---|---|
M4k Lynchburg Inc Lynchburg, VA PURPOSE: IMPROVE THE QUALITY OF LIFE FOR LOCAL CHILDREN | $45,000 |
Organization Name not Listed PURPOSE: PROGRAM SUPPORT | | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,848 |
Greater Lynchburg Community Foundation Lynchburg, VA PURPOSE: ANNUAL DONOR-DESINGATED GRANT; SITE-BASED MENTORING SUPPORT | $12,639 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $10,100 |
Imperial Charitable Trust Lynchburg, VA PURPOSE: EDUCATIONAL | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Needlink Nashville Nashville, TN | $1,657,257 | $1,670,379 |
Big Brothers Big Sisters Of Kentuckiana Inc Louisville, KY | $4,187,961 | $2,993,668 |
Big Brothers Big Sisters Of Central Carolinas Charlotte, NC | $1,666,836 | $2,152,061 |
Big Brothers-Big Sisters Of East Tennessee Knoxville, TN | $1,714,746 | $2,086,212 |
Big Brothers-Big Sisters Of Western North Carolina Inc Asheville, NC | $755,969 | $1,428,576 |
Big Brothers Big Sisters Of Greater Chattanooga Chattanooga, TN | $3,018,946 | $1,425,945 |
Big Brothers-Big Sisters Of The National Capital Area Washington, DC | $452,948 | $979,721 |
Big Brothers & Big Sisters Services Inc Richmond, VA | $559,495 | $769,492 |
Big Brothers Big Sisters Of The Triangle Inc Morrisville, NC | $1,209,583 | $811,073 |
Big Brothers-Big Sisters Of The Bluegrass Inc Lexington, KY | $153,768 | $649,100 |
Big Brothers Big Sisters Services Inc Winstonsalem, NC | $2,548,331 | $241,329 |
Big Brothers Big Sisters Of The Mid -South Inc Memphis, TN | $52,002 | $353,879 |