BIG BROTHERS BIG SISTERS OF THE TRIANGLE INC

EIN: 562109717 501(c)(3) Youth Development

MORRISVILLE, NC

Total Revenue
$1,129,933
Total Expenses
$883,134
Total Assets
$1,392,469
Net Assets
$1,318,415
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NC
Principal Officer
ERIN CALLAHAN
Phone
9198509772
Tax Period
2024-01-01 to 2024-12-31

BIG BROTHERS BIG SISTERS OF THE TRIANGLE INC, founded in 1998, is a community nonprofit in the Youth Development sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 106% from the prior year, signaling strong growth momentum. The organization ran a surplus of $247K, a strong 22% operating margin.

Mission

CREATE AND SUPPORT ONE-TO-ONE MENTORING RELATIONSHIPS THAT IGNITE THE POWER AND PROMISE OF YOUTH. THE ORGANIZATION'S VISION IS THAT ALL YOUTH ACHIEVE THEIR FULL POTENTIAL.

Program Service Accomplishments

Program 1
Expenses: $84,510

MENTORING CHILDREN OF PRISONERS (MCP):THE MCP PROGRAM FUNCTIONS UNDER THE GUIDELINES AND BY THE INFRASTRUCTURE OF THE COMMUNITY-BASED MENTORING PROGRAM. MENTORS ARE PAIRED WITH A CHILD WHO HAS HAD A...

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MENTORING CHILDREN OF PRISONERS (MCP):THE MCP PROGRAM FUNCTIONS UNDER THE GUIDELINES AND BY THE INFRASTRUCTURE OF THE COMMUNITY-BASED MENTORING PROGRAM. MENTORS ARE PAIRED WITH A CHILD WHO HAS HAD A PARENT OR GUARDIAN INCARCERATED. THE PROGRAM IS COMMITTED TO HELPING CHILDREN OVERCOME THE DISRUPTION OF THE RELATIONSHIP WITH THEIR PARENT WHO HAS BEEN INCARCERATED, AS WELL AS ANY OTHER HARDSHIP THAT THE CHILD MAY BE ENCOUNTERING. MENTORING RELATIONSHIPS ARE ONE-TO-ONE AND ALL PARTICIPANTS RECEIVE TRAINING AND SUPPLEMENTAL ACTIVITIES TO BETTER SUPPORT AND ENRICH THEIR PROGRAM EXPERIENCE.

Program 2
Expenses: $621,552

COMMUNITY AND SITE BASED ONE-TO-ONE MENTORING:THE PROFESSIONALLY PAIRED AND MATCHED ONE-TO-ONE MENTORING RELATIONSHIPS ARE DESIGNED TO SUPPORT AND ENHANCE A CHILD'S ASSETS, IN ORDER TO FOSTER THEIR...

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COMMUNITY AND SITE BASED ONE-TO-ONE MENTORING:THE PROFESSIONALLY PAIRED AND MATCHED ONE-TO-ONE MENTORING RELATIONSHIPS ARE DESIGNED TO SUPPORT AND ENHANCE A CHILD'S ASSETS, IN ORDER TO FOSTER THEIR PHYSICAL, INTELLECTUAL, EMOTIONAL AND MORAL DEVELOPMENT. BOTH PROGRAMS PAIR VOLUNTEERS WITH CHILDREN AGES 6-14 IN WAKE, DURHAM AND ORANGE COUNTIES.COMMUNITY BASED: THIS IS THE CLASSIC PAIRING OF WELL-SCREENED, CARING VOLUNTEER MENTORS WITH CHILDREN FROM PRIMARILY SINGLE-PARENT FAMILIES. THE VOLUNTEERS ARE ADULTS WHO ARE WILLING TO COMMIT AT LEAST ONE YEAR TO SERVING AS A BIG BROTHER OR BIG SISTER VOLUNTEER MENTOR. COMMUNITY BASED MATCHES SPEND A MINIMUM OF 8 HOURS A MONTH TOGETHER DOING ACTIVITIES AND SPENDING TIME TOGETHER IN THE COMMUNITY.SITE BASED: SITE BASED MATCHES SPEND A MINIMUM OF 4 HOURS A MONTH TOGETHER FOR AT LEAST ONE YEAR. SITE BASED MATCHES MEET ONLY AT THE DESIGNATED LOCATION (I.E.: ELEMENTARY SCHOOL, MIDDLE SCHOOL, AFTER-SCHOOL PROGRAM, RECREATION CENTER, DESIGNATED BEYOND SCHOOL WALL PARTNER WORK PLACE, ETC.)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,158,362
Program Service Revenue $0
Investment Income $17,466
Other Revenue $-45,895
TOTAL REVENUE $1,129,933

Expense Breakdown

Grants Paid $0
Salaries & Benefits $567,494
Fundraising Expenses $116,796
Program Expenses $706,062
Other Expenses $315,640
TOTAL EXPENSES $883,134

Year-over-Year Comparison

2024 2023 Change
Revenue $1,129,933 $547,921 +1.1%
Expenses $883,134 $859,313 +0.0%
Net Income $246,799 $-311,392 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
13
Volunteers
400

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$94,257
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLO GONZALES TREASURER 2.50
Officer Director
$0 $0 $0
CHARMAINE RIGGINS PAST PRESIDENT 2.50
Officer Director
$0 $0 $0
FENITA MORRIS-SHEPHARD DIRECTOR 2.50
Director
$0 $0 $0
JACQUELYN MOORE DIRECTOR 2.50
Director
$0 $0 $0
JAMES BACHARACH PRESIDENT 2.50
Officer Director
$0 $0 $0
JILL CROWLEY SECRETARY 2.50
Officer Director
$0 $0 $0
JONATHAN STRILEY DIRECTOR 2.50
Director
$0 $0 $0
KEISHEA EDWARDS-TURNER DIRECTOR 2.50
Director
$0 $0 $0
GREG BARNES DIRECTOR 2.50
Director
$0 $0 $0
PHILLIP HARRIS DIRECTOR 2.50
Director
$0 $0 $0
MICHELE BENNETT-LARA DIRECTOR 2.50
Director
$0 $0 $0
ROGER PERRY PRESIDENT ELECT 2.50
Officer Director
$0 $0 $0
SANJAY PATEL DIRECTOR 2.50
Director
$0 $0 $0
SHEILA HUMPHREY DIRECTOR 2.50
Director
$0 $0 $0
STEPHANIE JOHNSON DIRECTOR 2.50
Director
$0 $0 $0
AARON OFORI DIRECTOR 2.50
Director
$0 $0 $0
WARNER KUPPIN DIRECTOR 2.50
Director
$0 $0 $0
SACHIN AVASTHI DIRECTOR 2.50
Director
$0 $0 $0
EVAN SCHREIER DIRECTOR 2.50
Director
$0 $0 $0
ERIN CALLAHAN CEO 40.00
Officer
$86,462 $7,795 $94,257
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,129,933 $883,134 $1,392,469 $246,799
2023 $547,921 $859,313 $1,234,505 $-311,392
2022 $1,053,878 $841,900 $1,606,865 $211,978
2021 $811,073 $779,569 $1,209,583 $31,504
2020 $768,148 $775,375 $1,162,549 $-7,227
2019 $1,061,204 $807,082 $1,121,721 $254,122
2018 $847,740 $806,212 $865,427 $41,528
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