Big Brothers of Greater Vancouver

102 - 1193 Kingsway
Vancouver, BC V5V 3C9
Executive Director: Valerie Lambert
Board Chair: Stephanie Hollingshead

Charitable Reg. #:10679 3722 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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FINANCIAL TRANSPARENCY

Most recent Audited financial statements available on the charity’s website.

A-

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

n/r

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

68%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 68 cents are available for programs.



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Programs

About Big Brothers of Greater Vancouver:

Founded in 1978, Big Brothers of Greater Vancouver (BBGV) works to support child and youth development through volunteer-led mentoring programs. Through BBGV's programs, children are paired with adults to provide mentorship across a variety of fields of the child's life. BBGV reports that some youth wait up to 2 years before being assigned a mentor. BBGV’s mentoring programs serve 15 communities and include: Big Brothers, In-School Mentoring, Teen Mentoring, Game On!, Go Girls!, Mentoring with Math, Quest Club, Catch Program, and Aboriginal Mentoring.

In F2018, Big Brothers of Greater Vancouver served 1,165 boys and girls through its programming, a decrease of 7% from F2017. However, BBGV’s 2015-2020 strategic plan outlines its objective to increase the number of children served by 3-5% annually each year until 2020. Along with mentoring, in F2018, BBGV placed 170 clothing donation bins and had 250,836 clothing donation pick-ups.

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Results and Impact

In July 2013, Boston Consulting Group (BCG) independently evaluated Big Brothers Big Sisters Canada’s programs. The report found that for every $1 invested in mentoring, there is an $18 return to society. BCG reports that the average investment required for a mentee over 3 years is $3,500. The report found that mentees generate $32,154 in additional tax revenue, $49,189 in increased consumption, $5,856 in additional charitable volunteering, and $890 in greater charitable giving. It also reports that mentees earn $315,000 more over their lifetime.

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Finances

Ci has consolidated the financial statements of Big Brothers of Greater Vancouver and Big Brothers of Greater Vancouver Foundation.

Big Brothers of Greater Vancouver is a medium-sized charity with cash donations and special events revenues of $3.4m in F2018. Its administrative costs are 13% of revenues and its fundraising costs are 19% of donations. For every dollar donated, 68 cents go to the cause, which is within Ci’s reasonable range for overhead spending.

The charity has funding reserves of $1.5m, resulting in a program cost coverage ratio of 71%. This means that BBGV can cover 8.5 months of its annual program costs using its existing reserves.

This charity report is an update that is being reviewed by Big Brothers of Greater Vancouver. Changes and edits may be forthcoming.

Updated August 15, 2019 by Parker Thomlinson.

Financial Review


Financial Ratios

Fiscal year ending July
201820172016
Administrative costs as % of revenues 12.8%16.0%13.7%
Fundraising costs as % of donations 18.7%24.2%24.3%
Total overhead spending 31.6%39.4%38.0%
Program cost coverage (%) 70.8%52.3%65.6%

Summary Financial Statements

All figures in $s
201820172016
Donations 2,667,5982,137,6041,983,711
Goods in kind 93,249100,20594,421
Government funding 273,788244,231233,434
Special events 698,547794,788768,857
Investment income (214,772)8,89624,209
Total revenues 3,518,4103,285,7243,104,632
Program costs 2,067,6142,090,1651,914,691
Administrative costs 479,519522,777423,174
Fundraising costs 629,998708,203668,901
Total spending 3,177,1303,321,1403,006,770
Cash flow from operations 341,279(35,421)97,866
Capital spending 40,69416,84618,508
Funding reserves 1,463,4471,093,5841,256,785

Note: To report on a cash basis Ci did not report amortization of deferred contributions related to capital assets in revenue, but instead included donations received. This affected revenues by $10k in F2017.

Salary Information

Full-time staff: 26

Avg. Compensation $55,811

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
1
$80k - $120k
0
$40k - $80k
9
< $40k
0

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

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Charity Contact

Website: www.bigbrothersvancouver.com
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