California Association of Business Brokers

Nonprofit profile at a glance

EIN
770168768
IRS 990 coverage
2018–2025
Forms available
Form 990 2025, Form 990-EZ 2021
Location
Fresno, CA, USA
Phone
5592286140
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$449,825
Expenses
$391,584
Assets
$296,589
Liabilities
$104,707

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Steven Hanson CBI CBB MBA (President)

People named in this filing

  • Steven Hanson CBI CBB MBA (President)
  • Rick Rayl CBB CFC (Chairman)
  • Greg Michail CBB (Chairman)

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

The California association of business brokers is an association of business brokers and merger and acquisition specialists whose goal is to promote the growth and professionalism of the business brokerage community within our state.

What it reported doing in 2025

1. Provided the following educational courses: a. Cabb 101 2-day course, required of members - introduction to California business brokerageb. Cabb 201 - 1 day course, required of members advanced recasting and valuations c. Cabb 130 1 day course finance for business brokersd. Ibba 210 2-day course - analyzing and recasting financial statementse. Ibba 220 - introduction to pricing small businessesf. Ibba 301 - introduction to mergers and acquisitions processg. Cabb 501 1 day course - cbb renewal2. Provided members the opportunity to obtain the designation of certified business broker, cbb. This designation is awarded upon completion of required courses, a period of experience in the industry and completion of the required number and/or size of transactions. It signifies a level of competence and accomplishment to prospective clients and members of the business brokerage community. 3. Provided monthly cabbinars web seminars about hot topics and new ways to improve your practice and sell more. And, weekly emails including tips & relevant stories.4. Cabb provided its members with a complete set of standard forms designed jointly by attorneys and business brokers exclusively for the business brokerage profession. The forms include a representation agreement listing form, purchase agreement for business assets, stock purchase agreement, disclosure forms for both buyers and sellers and many more. The forms are copyright protected and are available only to individual members of cabb.5. Held 2-day annual statewide conference offering top speakers, presentations, roundtable discussions and opportunity to meet with industry sponsors.6. Provided regional networking opportunities including quarterly member meetings to exchange listings, network with other business brokers and listen to professional speakers on topics relating to business brokerage.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 82
  • Accountability: 64
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71%; rating input score 71
  • Program expense ratio: 81.6%; rating input score 82
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 15th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 12.9%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 0.76; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0.35; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 11.7% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 11.5% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 11.2% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 71% of revenue deployed · 81.6% of spending went to programs
  • Governance: 11 of 11 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 11 people listed
  • Highest-paid contractors: 1 contractor listed · $14K reported
  • Consistency: 19 of 20 current checks pass · 1 finding to review
  • Schedules: 1 filed schedules
  • Filing history: 6 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 5 of 6 not reported.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.