Big Brothers Big Sisters Of Puget Sound is located in Bellevue, WA. The organization was established in 1959. 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 08/2023, Big Brothers Big Sisters Of Puget Sound employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Brothers Big Sisters Of Puget Sound 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 08/2023, Big Brothers Big Sisters Of Puget Sound generated $3.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $4.0m during the year ending 08/2023. While expenses have increased by 10.1% 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
TO CREATE AND SUPPORT 1-TO-1 MENTORING RELATIONSHIPS THAT IGNITE THE POWER AND PROMISE OF YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Hayden Secretary | OfficerTrustee | 4 | $0 |
Peter Fonfara Vice Chair | OfficerTrustee | 4 | $0 |
Pat Ogawa Board Chair | OfficerTrustee | 4 | $0 |
Stephen Mckay Treasurer | OfficerTrustee | 4 | $0 |
Jennifer Andrews Board Member (thru 12/2022) | Trustee | 2 | $0 |
Timothy Barber Board Member (thru 12/2022) | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $840,984 |
Related organizations | $0 |
Government grants | $762,861 |
All other contributions, gifts, grants, and similar amounts not included above | $1,962,254 |
Noncash contributions included in lines 1a–1f | $145,449 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,566,099 |
Total Program Service Revenue | $0 |
Investment income | $120,951 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$197,649 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $45,803 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,549,723 |
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. | $360,955 |
Compensation of current officers, directors, key employees. | $54,143 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,778,249 |
Pension plan accruals and contributions | $31,158 |
Other employee benefits | $237,426 |
Payroll taxes | $233,346 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $28,414 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $45,500 |
Fees for services: Investment Management | $18,392 |
Fees for services: Other | $481,736 |
Advertising and promotion | $0 |
Office expenses | $52,503 |
Information technology | $105,535 |
Royalties | $0 |
Occupancy | $121,565 |
Travel | $6,369 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $164,787 |
Interest | $788 |
Payments to affiliates | $41,056 |
Depreciation, depletion, and amortization | $84,683 |
Insurance | $76,976 |
All other expenses | $10,925 |
Total functional expenses | $4,045,216 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $277,278 |
Savings and temporary cash investments | $438,929 |
Pledges and grants receivable | $676,495 |
Accounts receivable, net | $71,206 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $5,795 |
Prepaid expenses and deferred charges | $229,519 |
Net Land, buildings, and equipment | $1,125,325 |
Investments—publicly traded securities | $5,049,930 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $241,140 |
Total assets | $8,115,617 |
Accounts payable and accrued expenses | $196,116 |
Grants payable | $0 |
Deferred revenue | $129,511 |
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 | $190,550 |
Total liabilities | $516,177 |
Net assets without donor restrictions | $7,087,325 |
Net assets with donor restrictions | $512,115 |
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 | $8,115,617 |
Organization Name | Assets | Revenue |
---|---|---|
Big Brothers Big Sisters Of Puget Sound Bellevue, WA | $8,115,617 | $3,549,723 |
Big Brothers Big Sisters Northwest Portland, OR | $4,088,261 | $1,236,615 |
Big Brothers Big Sisters Of Alaska Anchorage, AK | $864,361 | $1,427,262 |
Big Brothers Big Sisters Of Southwest Washington Olympia, WA | $336,045 | $883,592 |
Big Brothers Big Sisters Of Southwest Idaho Inc Boise, ID | $1,603,244 | $789,031 |
Big Brothers Big Sisters Of The Inland Northwest Spokane, WA | $149,081 | $670,725 |
Big Brothers And Sisters Of Spokane County Endowment Fund Spokane, WA | $2,393,085 | $124,927 |