Big Brothers Big Sisters Of Thecentral Piedmont Inc

Big Brothers Big Sisters Of Thecentral Piedmont Inc shows strong asset growth and no reported officer compensation, despite a recent deficit.

EIN: 204648395 · High Point, NC · NTEE: O50 · Updated: 2026-03-28

$1.0MRevenue
$950KGross Revenue
$1.5MAssets
90/100Mission Score (Excellent)
O50
Big Brothers Big Sisters Of Thecentral Piedmont Inc Financial Summary
MetricValue
Total Revenue$1.0M
Total Expenses$868K
Program Spending85%
Net Assets$1.4M
Transparency Score90/100

Is Big Brothers Big Sisters Of Thecentral Piedmont Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Big Brothers Big Sisters Of Thecentral Piedmont Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Big Brothers Big Sisters Of Thecentral Piedmont Inc

Big Brothers Big Sisters Of Thecentral Piedmont Inc (EIN: 204648395) is a nonprofit organization based in High Point, NC, classified under NTEE code O50. The organization reported total revenue of $1.0M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Big Brothers Big Sisters Of Thecentral Piedmont Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
14Years of Filings
MixedRevenue Trajectory

Big Brothers Big Sisters Of Thecentral Piedmont Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.7%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$810K
Total Expenses$868K
Surplus / Deficit$-57,589
Total Assets$1.6M
Total Liabilities$263K
Net Assets$1.4M
Operating Margin-7.1%
Debt-to-Asset Ratio16.0%
Months of Reserves22.7 months

Financial Health Grade: B

In 2024, Big Brothers Big Sisters Of Thecentral Piedmont Inc reported a deficit of $58K with expenses exceeding revenue, holds 22.7 months of operating reserves (strong position), has a debt-to-asset ratio of 16.0% (very low leverage).

Financial Trends

Over 14 years of filings (2011–2024), Big Brothers Big Sisters Of Thecentral Piedmont Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.

YearRevenue ChangeExpense ChangeAsset Change
2024-18.9%+9.6%-3.6%
2023-4.6%+2.9%+14.4%
2022-16.9%+7.0%+9.0%
2021+46.9%-2.7%+172.6%
2020+27.2%+13.0%+87.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Big Brothers Big Sisters Of Thecentral Piedmont Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Big Brothers Big Sisters Of Thecentral Piedmont Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$810KTotal Revenue
$868KTotal Expenses
$1.6MTotal Assets
$263KTotal Liabilities
$1.4MNet Assets
  • The organization reported a deficit of $58K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 16.0%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation directly from the organization, which is highly favorable for resource allocation to its mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Big Brothers Big Sisters Of Thecentral Piedmont Inc's IRS 990 filings:

  • Expenses exceeded revenue in the most recent filing (202406) by $57,589.

Strengths

The following positive indicators were identified for Big Brothers Big Sisters Of Thecentral Piedmont Inc:

  • 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.

Frequently Asked Questions about Big Brothers Big Sisters Of Thecentral Piedmont Inc

Is Big Brothers Big Sisters Of Thecentral Piedmont Inc a legitimate charity?

Big Brothers Big Sisters Of Thecentral Piedmont Inc (EIN: 204648395) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.0M. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does Big Brothers Big Sisters Of Thecentral Piedmont Inc spend its money?

Big Brothers Big Sisters Of Thecentral Piedmont Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Big Brothers Big Sisters Of Thecentral Piedmont Inc tax-deductible?

Big Brothers Big Sisters Of Thecentral Piedmont Inc is registered as a tax-exempt nonprofit (EIN: 204648395). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Big Brothers Big Sisters Of Thecentral Piedmont Inc's spending goes to programs?

Big Brothers Big Sisters Of Thecentral Piedmont Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Big Brothers Big Sisters Of Thecentral Piedmont Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Big Brothers Big Sisters Of Thecentral Piedmont Inc is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Big Brothers Big Sisters Of Thecentral Piedmont Inc located?

Big Brothers Big Sisters Of Thecentral Piedmont Inc is headquartered in High Point, North Carolina and files with the IRS under EIN 204648395. It is classified under NTEE code O50.

How many years of IRS 990 filings does Big Brothers Big Sisters Of Thecentral Piedmont Inc have?

Big Brothers Big Sisters Of Thecentral Piedmont Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.0M in total revenue.

Is Big Brothers Big Sisters Of Thecentral Piedmont Inc a good charity?

Based on the available data, the organization appears to be a good charity. It demonstrates strong asset growth, generally positive financial performance, and a notable commitment to directing funds to its mission by reporting 0% officer compensation.

How has the organization's financial health changed over the last decade?

The organization's financial health has significantly improved over the last decade, with assets growing from $140,087 in 2015 to $1,643,718 in 2024, and revenue consistently around $1 million in recent years.

What is the trend in their revenue and expenses?

Revenue has generally been stable around $1 million in recent years, with expenses typically lower than revenue, leading to positive net income, though the 2024 filing showed expenses ($867,881) slightly exceeding revenue ($810,292).

Filing History

IRS 990 filing history for Big Brothers Big Sisters Of Thecentral Piedmont Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Big Brothers Big Sisters Of Thecentral Piedmont Inc's revenue has grown by 131.1%, moving from $351K to $810K. Total assets increased by 1480.5% over the same period, from $104K to $1.6M. Total functional expenses rose by 131.7%, from $375K to $868K. In its most recent filing year (2024), Big Brothers Big Sisters Of Thecentral Piedmont Inc reported a deficit of $58K, with expenses exceeding revenue. The organization holds $263K in liabilities against $1.6M in assets (debt-to-asset ratio: 16.0%), resulting in net assets of $1.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $810K $868K $1.6M $263K View 990
2023 $999K $792K $1.7M $289K View 990
2022 $1.0M $769K $1.5M $300K View 990
2021 $1.3M $719K $1.4M $422K View 990
2020 $858K $739K $502K $131K View 990
2019 $675K $654K $267K $10K View 990
2018 $759K $658K $243K $7K View 990
2017 $620K $599K $145K $12K View 990
2016 $648K $658K $137K $30K View 990
2015 $663K $683K $140K $20K View 990
2014 $677K $647K $164K $23K View 990
2013 $347K $358K $87K $3K View 990
2012 $364K $368K $101K $7K View 990
2011 $351K $375K $104K $5K View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $810K, expenses of $868K, and assets of $1.6M (revenue -18.9% year-over-year).
  • 2023: Revenue of $999K, expenses of $792K, and assets of $1.7M (revenue -4.6% year-over-year).
  • 2022: Revenue of $1.0M, expenses of $769K, and assets of $1.5M (revenue -16.9% year-over-year).
  • 2021: Revenue of $1.3M, expenses of $719K, and assets of $1.4M (revenue +46.9% year-over-year).
  • 2020: Revenue of $858K, expenses of $739K, and assets of $502K (revenue +27.2% year-over-year).
  • 2019: Revenue of $675K, expenses of $654K, and assets of $267K (revenue -11.0% year-over-year).
  • 2018: Revenue of $759K, expenses of $658K, and assets of $243K (revenue +22.4% year-over-year).
  • 2017: Revenue of $620K, expenses of $599K, and assets of $145K (revenue -4.3% year-over-year).
  • 2016: Revenue of $648K, expenses of $658K, and assets of $137K (revenue -2.3% year-over-year).
  • 2015: Revenue of $663K, expenses of $683K, and assets of $140K (revenue -2.1% year-over-year).
  • 2014: Revenue of $677K, expenses of $647K, and assets of $164K (revenue +95.2% year-over-year).
  • 2013: Revenue of $347K, expenses of $358K, and assets of $87K (revenue -4.6% year-over-year).
  • 2012: Revenue of $364K, expenses of $368K, and assets of $101K (revenue +3.7% year-over-year).
  • 2011: Revenue of $351K, expenses of $375K, and assets of $104K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Big Brothers Big Sisters Of Thecentral Piedmont Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Big Brothers Big Sisters Of Thecentral Piedmont Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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