Better Business Bureau Education Foundation

Nonprofit profile at a glance

EIN
742367865
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024
Location
Austin, TX, USA
Phone
5124454748
Rating
88
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$10,000
Expenses
$437,420
Assets
$113,183
Liabilities
$483,964

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • CARRIE ANGELL (PRESIDENT/CEO)

People named in this filing

  • JOYCE SMITH (CHAIR)
  • BARRY CURLEE (SECRETARY)
  • ROBERT STEWART (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bbb education foundation's mission is to strengthen community trust through education, outreach, and scam prevention.

What it reported doing in 2024

Financial overview: in fiscal year 2024, bbb education foundation demonstrated fiscal responsibility and efficiency in the allocation of resources. Our financial statements are audited annually by an independent certified public accounting firm to ensure transparency and compliance with regulatory requirements. Board governance: bbb education foundation is governed by a dedicated board of directors. The board meets quarterly to provide strategic guidance and oversight, ensuring the organization's mission and values are upheld. Executive leadership: bbb education foundation is led by a team of experienced and dedicated executives who bring a wealth of knowledge and expertise in areas such as non-profit management, business ethics, and community engagement. Program impact: bbb's education foundation programs have had a significant impact on entrepreneurs, small businesses, and consumers within our community.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 100
  • Sustainability: 13
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 70.8%; rating input score 71

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -4,274.2%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 4.28; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 23.2% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: -4.5% per year; rating input score 0; 35th percentile among comparable filings
  • Asset growth: 8.8% per year; rating input score 100; 69th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 70.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $310K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.