The funds we raise fuel the dreams of children
2015 Financial Overview Summary*
With the help of generous donors and partners, we are able to provide the governance, compliance, technology, partnerships, collaboration, and leadership needed to change lives through mentorship.
Statement of Financial Position
Assets
Cash and Cash Equivalents
8,212,927
Accounts Receivable
3,466,387
Property and Equipment
157,144
Investments
273,477
Total Assets
12,109,935
Liabilities
Notes Payable
365,000
Grants to Affiliates
2,672,863
Deferred Revenue
917,720
Grant Reserve
1,297,475
Accounts Payable
1,521,244
Total Liabilities
6,774,302
Net Assets
Unrestricted
1,225,690
Temporarily Restricted
3,880,213
Permanently Restricted
229,730
Total Liabilities and Net Assets
12,109,935
Statement of Activities
Public Support and Revenue
Contributions and Grants
9,256,539
Government Funding
2,069,935
Membership Fees
3,610,024
In-Kind
8,447,854
Other Income
14,886
Total Public Support and Revenue
23,399,238
Expenses**
Program Services
Program Implementation
4,392,639
Agency Support/Services/Technology
5,453,253
Child Safety, Standards, and Compliance
7,490,463
Support Services
Management and General
1,997,807
Fundraising
939,138
Total Expenses
20,273,300
Change in Net Assets
3,125,938
* The 2015 financial overview is a summary of the June 30, 2015 audit by Crowe Horwath, which represents the financial statements of Big Brothers Big Sisters of America in compliance with generally accepted accounting principles. Crowe Horwath issued an unqualified opinion on the financial statements for Fiscal Year 2015 (July 1, 2014 – June 30, 2015).
** In-Kind Services included in Expenses: $6.92M Program Services; $456K Support Services.
Funding Sources*
* Funding sources do not include In-Kind
Expenses
** Program Expenses consist of Program Implementation (21%), Agency Service/Support/Technology (27%), and Child Safety, Standards, and Compliance (37%)
BBBS of NYC was invited to ring the Nasdaq Closing Bell on January 22, 2015, at the Nasdaq MarketSite in Times Square
Detailed Financial Report
Click here to view our full financial data.*
* The 2015 financial overview is a summary of the June 30, 2015 audit by Crowe Horwath, which represents the financial statements of Big Brothers Big Sisters of America in compliance with generally accepted accounting principles. Crowe Horwath issued an unqualified opinion on the financial statements for Fiscal Year 2015 (July 1, 2014–June 30, 2015).
explore our 2015 annual report
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