Business Professionals Of America
- Assets
- $1.5m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 11/1970
- Data as of
- 06/2021
- EIN
- 31-1392085
Organization Overview
Business Professionals Of America is located in Columbus, OH. The organization was established in 1970. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Business Professionals Of America 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 06/2021, Business Professionals Of America generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $932.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (16.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONTRIBUTE TO THE PREPARATION OF A WORLD CLASS WORKFORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS PROFESSIONALS OF AMERICA INC. PROVIDES A PERSONAL AND LEADERSHIP DEVELOPMENT PROGRAM TO STUDENTS AND ALUMNI MEMBERS ENROLLED IN BUSINESS INFORMATION TECHNOLOGY, AND/OR OFFICE OCCUPATION RELATED EDUCATION PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Trimor Ak President | OfficerTrustee | 5 | $0 |
Amy Riddle Ak State Advisor | Trustee | 5 | $0 |
Engen Sundberg Ak Vice President | OfficerTrustee | 5 | $0 |
Sheela Wiley Fl Treasurer | OfficerTrustee | 5 | $3,000 |
Abby Renoux Ia Parliamentarian | Trustee | 5 | $0 |
Paarin Rastogi Ia President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $322,111 |
| Investment income | $6,329 |
| 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 | $1,101,314 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $16,475 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $170,291 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,514 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,854 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $998 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $29,725 |
| Information technology | $6,469 |
| Royalties | $0 |
| Occupancy | $5,726 |
| Travel | $11,808 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $502,447 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $24,491 |
| All other expenses | $0 |
| Total functional expenses | $932,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $620,823 |
| Savings and temporary cash investments | $927,187 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,548,010 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,548,010 |