Big Brothers Big Sisters Of Tampa Bay Inc
- Assets
- $5.4m
- Revenue
- $6.4m
- Investments
- $306.7k
- Employees
- 101
- Location
- Clearwater, FL
- Founding
- 11/1982
- Data as of
- 08/2024
- EIN
- 59-2173085
Organization Overview
Big Brothers Big Sisters Of Tampa Bay Inc is located in Clearwater, FL. 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 08/2024, Big Brothers Big Sisters Of Tampa Bay Inc employed 101 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Brothers Big Sisters Of Tampa Bay 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 08/2024, Big Brothers Big Sisters Of Tampa Bay Inc generated $6.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $5.7m during the year ending 08/2024. While expenses have increased by 0.8% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AND SUPPLEMENT ONE-TO-ONE MENTORING RELATIONSHIPS THAT IGNITE THE POWER AND PROMISE OF YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR AGENCY'S SINGULAR PROGRAM IS COMPREHENSIVE MENTORING. OUR MISSION IS TO PROVIDE CHILDREN FACING ADVERSITY WITH STRONG AND ENDURING, PROFESSIONALLY SUPPORTED ONE-TO-ONE RELATIONSHIPS THAT CHANGE THEIR LIVES FOR THE BETTER, FOREVER. A SIMPLE BUT POWERFUL MISSION WHICH SERVES AS THE FOUNDATION FOR WHAT WE DO. THANKS TO DEDICATED VOLUNTEERS AND GENEROUS DONORS WE'RE ABLE TO SERVE CHILDREN FROM ALL WALKS OF LIFE. WITHIN OUR COMPREHENSIVE MENTORING PROGRAM, VOLUNTEERS (BIGS) AND CHILDREN (LITTLES) SPEND TIME TOGETHER EITHER IN THE COMMUNITY OR AT AN ASSIGNED SITE LOCATION. COMMUNITY BASED PARTICIPANTS MAY CHOOSE OUTINGS SUCH AS GOING FOR A WALK, WORKING ON ARTS AND CRAFTS, TAKING A BIKE RIDE, OR WATCHING A SPORTING EVENT. SITE BASED PARTICIPANTS MAY MEET WITH THEIR LITTLE BROTHER OR LITTLE SISTER ONE HOUR A WEEK AT A NEAR-BY SCHOOL AND MAY CHOOSE ACTIVITIES SUCH AS READING, GAMES, OR EVEN JUST TALKING ABOUT SCHOOL AND/OR LIFE. IN OUR SCHOOL-TO-WORK MENTORING PROGRAM, PARTNER HIGH SCHOOLS ARE MATCHED UP WITH A LOCAL BUSINESS OR GOVERNMENTAL ENTITY FOR A MINIMUM OF TWO YEARS. HIGH SCHOOL JUNIORS THE FIRST YEAR AND SENIORS THE SECOND YEAR MEET WITH THEIR ASSIGNED MENTORS AT HIS OR HER WORK PLACE FOR A HALF A DAY EACH MONTH DURING THE SCHOOL YEAR. DURING THIS TIME, YOUTH PARTICIPATING AT EACH SITE HAVE THE OPPORTUNITY TO PARTICIPATE IN CAREER READINESS TRAINING SUCH AS RESUME WRITING AND JOB SHADOWING, WHILE DEVELOPING A 1:1 RELATIONSHIP WITH THEIR MENTOR. THE OVERARCHING OBJECTIVES FOR EACH OF THESE SCHOOL-TO-WORK MATCHES IS TO FORM A POSITIVE 1:1 RELATIONSHIP, HAVE THE STUDENT GRADUATE FROM HIGH SCHOOL WITH THE BEST POSSIBLE GRADES, AND DEVELOP A PLAN FOR EACH STUDENT OF WHAT HE OR SHE WILL DO UPON GRADUATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Wade Immediate Past Board Chair | Trustee | 3.5 | $0 |
Kenneth Beattie Chair Elect | Trustee | 3.5 | $0 |
John Allgeier Audit Committee Chair | Trustee | 3.5 | $0 |
Richard Salazar Past Board Chair | Trustee | 3.5 | $0 |
Brian Auld Director | Trustee | 3.5 | $0 |
Mary Ann Fullerton Director | Trustee | 3.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $343,184 |
| Membership dues | $0 |
| Fundraising events | $197,509 |
| Related organizations | $0 |
| Government grants | $3,267,897 |
| All other contributions, gifts, grants, and similar amounts not included above | $923,380 |
| Noncash contributions included in lines 1a–1f | $340,108 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,731,970 |
| Total Program Service Revenue | $0 |
| Investment income | $124,967 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $417,380 |
| Net Income from Fundraising Events | $1,142,705 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,417,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $17,910 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $671,767 |
| Compensation of current officers, directors, key employees. | $47,023 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,977,195 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $445,961 |
| Payroll taxes | $260,653 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $212,383 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $150,757 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $189,802 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,398 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,819 |
| Insurance | $138,877 |
| All other expenses | $29,409 |
| Total functional expenses | $5,694,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,382,802 |
| Savings and temporary cash investments | $2,453,079 |
| Pledges and grants receivable | $517,329 |
| Accounts receivable, net | $25,860 |
| 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 | $186,652 |
| Net Land, buildings, and equipment | $72,322 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $306,674 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $462,611 |
| Total assets | $5,407,329 |
| Accounts payable and accrued expenses | $122,933 |
| Grants payable | $0 |
| Deferred revenue | $201,769 |
| 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 | $470,270 |
| Total liabilities | $794,972 |
| Net assets without donor restrictions | $4,223,256 |
| Net assets with donor restrictions | $389,101 |
| 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 | $5,407,329 |