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HomeMy WebLinkAboutBBBS_FY24 A2A Application SummaryFY24 Legacy A2A Application Summary Application summaries are intended to be a high-level overview of key information and not a substitute for the full submission. Please consider all materials submitted by the applicant. Applicant Agency Big Brothers Big Sisters Request for FY24 Funding $27,125 Agency Total Budget $542,258 I. Need and Priority Community Need (Q1) Proposal addresses youth mentoring services. Provision of public services, including but not limited to, youth activities and programming are a high priority need in City Steps. Services Provided (Q3) Proposal requests funds for operational support for youth mentoring programs. Project consistent with goals in City Steps, specifically provision of public services. II. Impact and Delivery Benefit to Low Income Person (Q8) Agency serves all income levels and reports based on federal poverty guidelines. 82% of youth served are eligible for free and reduced lunch. Agency reports by Federal Poverty Guidelines. 23.5% at 50%; 53% at 100%; 6% at 200%; 17.5% exceeded Federal Poverty Guidelines. Racial Equity and Inclusivity for Marginalized Populations (Q8, Q9, and Form B) Proposal notes that in FY22, 73% of youth served were people of color. 9% with Hispanic, Latino, or Spanish origin. Agency describes efforts to pair youth with a mentor that meets individual needs and interests. Outcome Measures (Prior Year Reports and Q12) Reported serving 173 residents in Iowa City in FY22. More information can be found in the FY22 4th quarter report. Persons to Benefit (Form B, Form C, Q11 and Q12) Request of $27,125 / 123 = $220.52 per IC resident. Commissioners may also consider cost effectiveness for the extent of services. III. Evidence of Financial Capacity Collaboration/Operations Plan (Q7 and Form C) Numerous collaborations with other agencies such as UAY described. Agency Budget (Q5 and Form C) Appears reasonable. Three-year average for carryover fund balance = $336,945. Leveraging Funds (Q12 and Form C) Funding request is 5% of total budget. IV. Evidence of Administrative Capacity Quality of Application (Overall App) Additional BBBS specific financial records would be useful. Overall appears to be reasonable. Experience and Success (Past Performance, Form A, and Overall App) Agency has received the last five consecutive years of LA2A funding. Questions, Considerations, and Concerns • Does BBBS have financial statements or records separate from ISU Extension? • Have the findings listed by the state auditor in the March 2022 letter been corrected? Funding History FY23 (calendar 2022-2023) $26,709 FY22 (calendar 2021-2022) $26,119 FY21 (calendar 2020-2021) $24,923 FY20 (calendar 2019-2020) $25,000 FY19 (calendar 2018-2019) $15,000 Application summaries are intended to be a high-level overview of key information and not a substitute for the full submission. Please consider all materials submitted by the applicant. Has the agency received other City administered funding in the last 5 years? NA