Better Business Bureau of Southeast Texas Foundation
Nonprofit profile at a glance
- EIN
- 741893779
- IRS 990 coverage
- 2023–2025
- Forms available
- Form 990 2025, Form 990-EZ 2022
- Location
- Beaumont, TX, USA
- Phone
- 4098355340
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $215,817
- Expenses
- $232,484
- Assets
- $140,118
- Liabilities
- $625
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
People named in this filing
- NATASHA GARRETT (SECRETARY)
- ELTON HOLLIS (CHAIR)
- PAUL KOESTER (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To strengthen community trust through education programs that empower consumers, provide character development for future leaders, and help businesses be better. To cooperate with better business bureau and such other organizations having objectives in common, an to do generally such other things as may be necessary, requisite, convenient or proper to carry out the purposes and objectives of the corporation, as are permitted under article 2.01 of the Texas non-profit corporation act.
What it reported doing in 2025
Bbb torch award is a fund-raising event that recognizes businesses and organizations in our region committed to maintaining exceptionally high standard of ethical behavior in buyer/seller and provider/supporter relationships. Nearly 400 business professionals attend the event each year and the bbb awards scholarships through our bbb student of integrity scholarship program. Students are recognized at the event. In addition, bbb recognizes emerging entrepreneurs and young businesses that demonstrate culture, community and character as spark award winners.
Operating model
- Revenue model
- Earned-program. 61% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 50
- Transparency & Controls: 93
- Accountability: 64
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.5%; rating input score 58
- Program expense ratio: 54.3%; rating input score 54
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -7.7%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 21.3% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 2.1% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 19.1% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 57.5% of revenue deployed · 54.3% of spending went to programs
- Governance: 11 of 11 board members independent · 1 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $126K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 4 filed schedules · includes grants
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 58/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- Review — Financial Efficiency: Program expense ratio scored 54/100.
- High — Sustainability: Operating margin scored 22/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.