Big Brothers Big Sisters Association of Florida Inc

What it reported doing in 2024

Big brothers big sisters association of Florida, inc. (the organization") is a nonprofit entity incorporated in the state of Florida in 1995. The organization works closely with 11 member agencies across the state to implement and advance big brothers big sisters programs and mission. Dedicated to igniting the power of mentoring across Florida, the organization expands opportunities and strengthens statewide programs through resource and fund development, advocacy for youth, innovation and strategic growth, collaboration and capacity building, and accountability.(see more on schedule o). In addition to supporting and coordinating the work of our member agencies, the organization partners with corporations and government entities to broaden opportunities for young people by providing wraparound services that expand access to workforce exposure, leadership experiences, and scholarship programs that remove barriers and open doors for youth statewide.we support the growth and sustainability of our youth mentoring programs that change lives and communities. Through these pillars and partnerships, we empower each member agency as they create and support mentoring relationships for youth facing adversity, guided by trained adult volunteers and professional staff. Through this coordinated statewide system youth received high-quality mentoring services that improve academic engagement, reduce risky behaviors, and promote positive long-term outcomes.independent research demonstrates the long-term impact of big brothers big sisters. Youth in our programs are more likely to enroll in post-secondary education, earn more over their lifetime, and less likely to use illegal drugs, or become involved in the juvenile justice system.

Financial Efficiency

• Mission deployment rate: 96.6%; rating input score 97
• Program expense ratio: 96.9%; rating input score 97
• Fundraising efficiency: $67.73 raised per $1 spent on fundraising; rating input score 82; 82nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.8%; rating input score 100; 41st percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 62.5%; rating input score 62; 10th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 0.3%; rating input score 35; 35th percentile among comparable filings
• Total-asset coverage ratio: 0.19; rating input score 5; 5th percentile among comparable filings
• Liabilities to assets ratio: 0.56; rating input score 18; 18th percentile among comparable filings
• Officer compensation ratio: 3.3%; rating input score 67; 67th percentile among comparable filings

Growth

• Program expense growth: 3.2% per year; rating input score 100; 29th percentile among comparable filings
• Revenue growth: 6.9% per year; rating input score 100; 54th percentile among comparable filings
• Asset growth: 7.9% per year; rating input score 100; 49th percentile among comparable filings