Better Business Bureau Of Metropolitan Houston Educational F
- Assets
- $1.3m
- Revenue
- $600.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 06/1970
- Data as of
- 12/2021
- EIN
- 74-1662104
Organization Overview
Better Business Bureau Of Metropolitan Houston Educational F is located in Houston, TX. The organization was established in 1970. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Better Business Bureau Of Metropolitan Houston Educational F 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 12/2021, Better Business Bureau Of Metropolitan Houston Educational F generated $600.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $576.4k during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 INFORM, EDUCATE AND ADVOCATE ON BEHALF OF CONSUMERS AND BUSINESSES IN OUR SERVICE AREA BY PROVIDING INFORMATION, COUNSELING AND EDUCATION IN AN EFFORT TO COMBAT UNETHICAL BUSINESS PRACTICES AND PROVIDE PROTECTION FROM FRAUDULENT SCHEMES THROUGH PROGRAMS, SEMINARS AND DISPUTE RESOLUTION UTILIZING AND PROMOTING VOLUNTEERS EDUCATED IN CONSUMER AWARENESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SENIOR MEDICARE PATROL PROJECT (SMP) IS FUNDED THROUGH A FEDERAL GRANT FROM ADMINISTRATION ON AGING. THIS PROGRAM USES VOLUNTEERS TO TRAIN MEDICARE BENEFICIARIES ABOUT MEDICARE FRAUD, ABUSE AND WASTE AND THE IMPORTANCE OF REPORTING INCIDENTS TO MEDICARE. 547 PRESENTATIONS WERE MADE TO MEDICARE BENEFICIARIES AND PROFESSIONALS REACHING 19,019 PEOPLE.
SILVER SLEUTH PROGRAM - EDUCATING OLDER ADULTS ABOUT SCHEMES AND SCAMS TARGETING THIS VULNERABLE POPULATION AND PROVIDING INFORMATION ON HOW TO PROTECT THEMSELVES AND PROVIDING ONE-ON-ONE ASSISTANCE IN RESOLVING PROBLEMS DUE TO FRAUDULENT BUSINESS ACTIVITIES. 17 PRESENTATIONS WERE MADE REACHING MORE THAN 522 OLDER ADULTS.YOUNG CONSUMER ADVOCATE PROGRAM -YOUTH AGED 16 TO 22 ARE EDUCATED ON THEIR CONSUMER RIGHTS, OBLIGATIONS AND FRAUDULENT SCHEMES, WITH AN EMPHASIS ON GAINING THE SKILLS NECESSARY TO BECOME CONTRIBUTING MEMBERS OF THE COMMUNITY. 51 PRESENTATIONS WERE MADE TO YOUNG CONSUMERS REACHING OVER 1048 STUDENTS.CONSUMER AWARENESS 101 CONSUMERS LIVING ON LOWER INCOMES ARE AT HIGHER RISK FOR BEING TRAPPED IN A CYCLE OF DEBT DUE TO THEIR LACK OF CONSUMER SOCIALIZATION SKILLS. THROUGH A SERIES OF PRESENTATIONS INDIVIDUALS LEARN: A) HOW TO AVOID SCAMS AND FRAUDULENT BUSINESS PRACTICES; B) CONSUMER RIGHTS AND MISCONCEPTIONS; C) HOW TO HANDLE THEIR DEBT; AND D) THE REAL COST OF DOING BUSINESS THROUGH CASH-ADVANCE LOANS OR RENT-TO-OWN COMPANIES. 13 PRESENTATIONS WERE MADE TO LOW INCOME ADULTS REACHING 454 PEOPLE.
THE BBB AWARDS FOR EXCELLENCE RECOGNIZES BUSINESSES AND NON PROFITS FOR THEIR ACHIEVEMENTS AND COMMITMENT TO OVERALL EXCELLENCE AND QUALITY IN THE WORKPLACE'. PROCEEDS FROM THE EVENT HELP FUND THE BBB EDUCATIONAL FOUNDATION WHICH EDUCATES CONSUMERS ABOUT SCAMS AND FRAUDULENT BUSINESS PRACTICES IN THE GREATER HOUSTON AREA. FUND RAISING EXPENSES OF $55,728 WERE INCURRED IN CONNECTION WITH THE EVENT, OF WHICH $14,625 WERE IN-KIND DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Baker Chair | OfficerTrustee | 1 | $0 |
Steven Lufburrow Secretary | OfficerTrustee | 1 | $0 |
Edna Thompsen Treasurer | OfficerTrustee | 1 | $0 |
Dan Parsons President | Officer | 1 | $0 |
Candice Twyman Executive Director | Officer | 40 | $0 |
Glenn Woo Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $109,138 |
| Related organizations | $0 |
| Government grants | $480,622 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,210 |
| Noncash contributions included in lines 1a–1f | $5,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $599,970 |
| Total Program Service Revenue | $0 |
| Investment income | $57 |
| 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 | $600,627 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $305,074 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,884 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $140,337 |
| Advertising and promotion | $500 |
| Office expenses | $19,748 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,722 |
| Travel | $386 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $576,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $802,812 |
| Savings and temporary cash investments | $517,062 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $190 |
| Total assets | $1,320,064 |
| Accounts payable and accrued expenses | $52,533 |
| 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 | $52,533 |
| Net assets without donor restrictions | $1,237,326 |
| Net assets with donor restrictions | $30,205 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,320,064 |
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State Council Charities Austin, TX | $2,067,797 | $1,066,934 |
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