Is Big Brothers Big Sisters Of Thecentral Piedmont Inc Legit?
Quick charity verification for Big Brothers Big Sisters Of Thecentral Piedmont Inc (EIN: 204648395)
Verdict: Big Brothers Big Sisters Of Thecentral Piedmont Inc appears trustworthy
90/100Mission Score
$1.0MRevenue
$1.5MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the most recent filing (202406) by $57,589.
Strengths
Significant asset growth from $140,087 in 2015 to $1,643,718 in 2024.
Consistent reporting of 0% officer compensation across all filings.
Generally strong financial performance with revenue exceeding expenses in most years.
Long history of IRS 990 filings (14 filings) indicating transparency and compliance.
Spending Breakdown
How Big Brothers Big Sisters Of Thecentral Piedmont Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Big Brothers Big Sisters Of Thecentral Piedmont Inc
Is Big Brothers Big Sisters Of Thecentral Piedmont Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Big Brothers Big Sisters Of Thecentral Piedmont Inc (EIN: 204648395) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Big Brothers Big Sisters Of Thecentral Piedmont Inc a good charity to donate to?
Big Brothers Big Sisters Of Thecentral Piedmont Inc has a Mission Score of 90/100. Revenue: $1.0M. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Big Brothers Big Sisters Of Thecentral Piedmont Inc?
The Employer Identification Number (EIN) for Big Brothers Big Sisters Of Thecentral Piedmont Inc is 204648395. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Big Brothers Big Sisters Of Thecentral Piedmont Inc spend its money?
Big Brothers Big Sisters Of Thecentral Piedmont Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Big Brothers Big Sisters Of Thecentral Piedmont Inc's tax-exempt status?
You can verify Big Brothers Big Sisters Of Thecentral Piedmont Inc's tax-exempt status using EIN 204648395 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Big Brothers Big Sisters Of Thecentral Piedmont Inc demonstrates a generally stable financial position with consistent revenue streams over the past several years, hovering around the $1 million mark. While the most recent filing (202406) shows expenses exceeding revenue by approximately $57,000, this appears to be an anomaly in an otherwise positive trend of revenue exceeding expenses in prior years (e.g., 202306 revenue of $999,185 vs. expenses of $791,702). The organization has also significantly grown its assets from $140,087 in 2015 to $1,643,718 in 2024, indicating strong financial growth and capacity building. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive pay, enhancing its transparency and public trust.
The organization's financial health appears robust, supported by a substantial increase in assets and generally positive net income in most years. The liabilities have also increased over time, reaching $263,325 in 2024, but remain well within a manageable range relative to its assets. The consistent filing of IRS 990 forms over 14 periods further indicates a commitment to transparency and regulatory compliance. The lack of reported officer compensation is a significant positive indicator of efficient resource allocation and a focus on programmatic impact.