Bbb National Programs Charitable Foundation
- Assets
- $207.7k
- Revenue
- $455.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Mclean, VA
- Founding
- Data as of
- 12/2023
- EIN
- 84-5021924
Organization Overview
Bbb National Programs Charitable Foundation, operating under the name Center For Industry Self-Regulation (cisr), is located in Mclean, VA. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Center For Industry Self-Regulation (cisr) 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 12/2023, Center For Industry Self-Regulation (cisr) generated $455.3k in total revenue. All expenses for the organization totaled $709.6k during the year ending 12/2023. While expenses have increased by 23.0% per year over the past 2 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION, RESEARCH AND SUPPORT OF INDUSTRY SELF-REGULATION IN THE U.S.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR RESEARCH, EDUCATION AND DEVELOPMENT OF INDUSTRY SELF-REGULATORY PROCESSES TO ENHANCE TRUST IN THE MARKETPLACE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W David Hubbard Board Chair (effective 6/1/23) | OfficerTrustee | 1 | $0 |
Eric Reicin President And CEO | OfficerTrustee | 3 | $0 |
Victoria Mccormick CFO & COO | OfficerTrustee | 5 | $0 |
Ken Petel Board Chair (until 6/1/23) | OfficerTrustee | 1 | $0 |
Justin Alexander Connor Executive Director | 35 | $244,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $275,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $180,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $455,250 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $455,250 |
| 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 | $247,567 |
| Pension plan accruals and contributions | $38,060 |
| Other employee benefits | $0 |
| Payroll taxes | $18,939 |
| Fees for services: Management | $168,234 |
| Fees for services: Legal | $298 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,481 |
| Advertising and promotion | $1,651 |
| Office expenses | $15,082 |
| Information technology | $35,952 |
| Royalties | $0 |
| Occupancy | $27,163 |
| Travel | $10,974 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $94,646 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $709,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,498 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $245 |
| 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 | $0 |
| Total assets | $207,743 |
| Accounts payable and accrued expenses | $22,214 |
| 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 | $924,766 |
| Total liabilities | $946,980 |
| Net assets without donor restrictions | -$769,237 |
| Net assets with donor restrictions | $30,000 |
| 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 | $207,743 |