Education & Res Fndtn Of Better Bus Bureau Of Metro Ny Inc

Organization Overview

Education & Res Fndtn Of Better Bus Bureau Of Metro Ny Inc is located in New York, NY. The organization was established in 1968. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education & Res Fndtn Of Better Bus Bureau Of Metro NY Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Education & Res Fndtn Of Better Bus Bureau Of Metro NY Inc generated $412.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $400.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT THE BETTER BUSINESS BUREAU (R) BY DEFINING AND PROMOTING ETHICAL BUSINESS AND CHARITY STANDARDS AND PRACTICES IN NEW YORK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHARITY ACCOUNTABILITY:THE CORE PROGRAM IS THE CHARITY ACCOUNTABILITY PROGRAM (NYCAP). THROUGH THIS PROGRAM, THE FOUNDATION PROMOTES CHARITABLE GIVING IN NEW YORK STATE BY ENCOURAGING NONPROFIT PRACTICES THAT MERIT DONOR TRUST. THE FOUNDATION EDUCATES CHARITY LEADERS ABOUT HOW TO MEET THE BBB STANDARDS FOR CHARITY ACCOUNTABILITY. IT EVALUATES CHARITY PERFORMANCE AGAINST THE BBB STANDARDS AND PUBLISHES BBB CHARITY REPORTS STATING ITS FINDINGS ONLINE AT GIVE.ORG FOR THE BENEFIT OF THE PUBLIC.AS OF DECEMBER 2022, THERE WERE 765 PUBLISHED METRO NY BBB CHARITY REPORTS. CHARITIES MEETING ALL BBB STANDARDS AUTOMATICALLY BECOME BBB ACCREDITED CHARITIES, AT NO COST. THE FOUNDATION LICENSES USE OF ITS OPTIONAL BBB ACCREDITED CHARITY SEAL, FEATURING THE BBB'S TRADEMARK AS A SYMBOL OF ACCOUNTABILITY, ONLY TO ELIGIBLE CHARITIES THAT HAVE FIRST MET ALL BBB STANDARDS. BBB SEAL HOLDERS SIGN A LICENSING AGREEMENT AND PAY A SLIDING-SCALE FEE, BASED ON CHARITY FUNDRAISING REVENUE SIZE, FOR PERMITTED USES OF THE BBB SEAL.


EDUCATIONAL PROGRAMS:CHARITIES: THE FOUNDATION PRESENTED FIVE NO-COST PROGRAMS ABOUT MEETING THE BBB STANDARDS TO CHARITY LEADERS AND ADVISORS IN 2022. ALSO IN 2022, CHARITY LEADERS WERE PROVIDED WITH SIX ONLINE EDUCATIONAL PROGRAMS, INCLUDING A BBB CHARITY EFFECTIVENESS SYMPOSIUM ABOUT TRANSFORMING TO DRIVE CHANGE BEYOND RECOVERY, AND FIVE OTHER PROGRAMS ABOUT ISSUES SUCH AS BUILDING A DIVERSE, EQUITABLE AND INCLUSIVE WORKPLACE, SUSTAINABILITY, SCENARIO PLANNING, MANAGING YOUR NONPROFIT'S FINANCIAL HEALTH, AND RECALIBRATING YOUR CHARITY'S BUSINESS MODEL FOR FINANCIAL RESILIENCE. ALL PROGRAMS IN 2022 WERE OFFERED FOR FREE AND ONLINE TO REGISTRANTS DURING THE PANDEMIC.BUSINESSES: THE FIFTEENTH BBB FORUM ON CORPORATE RESPONSIBILITY WAS PRESENTED AS A WEBCAST ON SEPTEMBER 14, 2022 AND PROVIDED FREE TO REGISTRANTS DURING THE PANDEMIC. IT WAS ENTITLED RISK AND RESPONSIBILITY: BUSINESS INTEGRITY IN AN AGE OF DISRUPTION. THERE WERE 1,448 COMBINED BUSINESS AND CHARITY PROGRAM ATTENDEES NOTED IN 2022.


LEADERSHIP:OUR FOUNDATION MAINTAINS A YEAR-ROUND SKILL-BUILDING VOLUNTEER INTERNSHIP PROGRAM, WHICH HELPS YOUNG PEOPLE BUILD LEADERSHIP AND CAREER SKILLS. PARTICIPANTS ARE TRAINED AND SUPERVISED, AND ARE INVITED TO ATTEND CAREER SESSIONS WITH SENIOR EXECUTIVES FROM BBB BOARD LEADERSHIP. INTERNS LEARN SKILLS IN AREAS SUCH AS DISPUTE RESOLUTION, CUSTOMER SERVICE, BUSINESS COMMUNICATIONS, AND NONPROFIT MANAGEMENT. IN 2022, DURING THE PANDEMIC, INTERNSHIPS WERE CONDUCTED VIRTUALLY USING TOOLS SUCH AS ONLINE MEETINGS. THE PROGRAM SERVED 38 INTERNS IN 2022.


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Board, Officers & Key Employees

Name (title)Compensation
David Okorn
Chairperson
$0
Pamela Haas
Vice-Chair
$0
Richard Brown
Vice-Chair
$0
Steve Perazzoli
Treasurer
$0
Laurie J Bilik
Trustee
$0
Brandi Boatner
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$212,333
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$212,333
Total Program Service Revenue$187,937
Investment income $929
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $412,671

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