Catholic Big Brothers Big Sisters Inc is located in Los Angeles, CA. The organization was established in 1946. 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 06/2023, Catholic Big Brothers Big Sisters Inc employed 13 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Catholic Big Brothers Big Sisters 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 06/2023, Catholic Big Brothers Big Sisters Inc generated $861.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $926.7k during the year ending 06/2023. 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
CATHOLIC BIG BROTHERS BIG SISTERS PAIRS YOUTH IN-NEED AND VOLUNTEERS OF ALL FAITHS AND BACKGROUNDS IN ONE-TO-ONE PROFESSIONALLY SUPPORTED MENTORING RELATIONSHIPS TO HELP THEM ACADEMICALLY AND IN LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CATHOLIC BIG BROTHERS BIG SISTERS, INC. ESTABLISHED IN 1925, IS A 501C3 NONPROFIT ORGANIZATION WHOSE MISSION IS TO TRANSFORM LIVES THROUGH REWARDING AND ENRICHING RELATIONSHIPS BETWEEN TRAINED MENTORS AND YOUTH OF ALL BELIEFS AND IDENTITIES THROUGHOUT LOS ANGELES COUNTY. CBBBS HAS DEVELOPED A BROAD SPECTRUM OF PARTNERSHIP PROGRAMS AND SERVICES OVER THE YEARS THAT FOCUS ON THE NEEDS OF CHILDREN BETWEEN AGES OF SEVEN AND EIGHTEEN WHO ARE LIVING IN MOSTLY SINGLE-PARENT FAMILIES, INCLUDING FOSTER CHILDREN. CBBBS OFFERS ONE-TO-ONE COMMUNITY MENTORING PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Byrnes Past Chair | Trustee | 1 | $0 |
Christopher Ranieri Member | Trustee | 1 | $0 |
Joe Boskovich Jr Co-Chair | Trustee | 1 | $0 |
Richard Alonso Member | Trustee | 1 | $0 |
Joe Baratta Member | Trustee | 1 | $0 |
Joe Becerra Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $224,986 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $224,986 |
Total Program Service Revenue | $0 |
Investment income | $65,833 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $557,188 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $861,845 |
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. | $112,685 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $396,084 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $50,817 |
Payroll taxes | $33,725 |
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 | $13,429 |
Fees for services: Other | $190,095 |
Advertising and promotion | $1,611 |
Office expenses | $6,198 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $40,320 |
Travel | $3,195 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,437 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,183 |
Insurance | $18,450 |
All other expenses | $0 |
Total functional expenses | $926,698 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $98,638 |
Savings and temporary cash investments | $13,742 |
Pledges and grants receivable | $430,030 |
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 | $16,346 |
Net Land, buildings, and equipment | $3,078 |
Investments—publicly traded securities | $694,056 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,255,890 |
Accounts payable and accrued expenses | $243,335 |
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 | $100,000 |
Other liabilities | $0 |
Total liabilities | $343,335 |
Net assets without donor restrictions | -$6,078 |
Net assets with donor restrictions | $918,633 |
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 | $1,255,890 |