Bbb Educational Foundation Inc
- Assets
- $24.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 07/2002
- Data as of
- 12/2021
- EIN
- 45-0463336
Organization Overview
Bbb Educational Foundation Inc is located in Birmingham, AL. The organization was established in 2002. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Bbb Educational Foundation 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 12/2021, Bbb Educational Foundation Inc generated $4.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $12.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVISION OF EDUCATIONAL CLASSES, CONFERENCES, AND OTHER EVENTS TO TEACH BASIC CONSUMER SKILLS TO INDIVIDUALS THROUGHOUT 50 COUNTIES WITHIN CENTRAL AND SOUTH ALABAMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Bates President, Bbb | 5 | $0 | |
John Wilson Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,339 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,339 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,342 |
| Total expenses | $12,242 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,581 |
| Other assets | $0 |
| Total assets | $24,581 |
| Total liabilities | $11,588 |
| Net assets or fund balances | $12,993 |
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