Bbb Maryland Foundation Inc is located in Baltimore, MD. The organization was established in 1983. 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 Maryland 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 12/2022, Bbb Maryland Foundation Inc generated $113.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $28.3k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE BBB EDUCATIONAL FOUNDATION OPERATES AN INQUIRY SERVICE WHERE CONSUMERS CAN CALL AND FIND OUT ABOUT THE ETHICAL BUSINESS PRACTICES OF A PARTICULAR COMPANY. IN ADDITION, THE FOUNDATION PERFORMS CONSUMER EDUCATION PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill Thrush Chair | 1 | $0 | |
F Keith Duncan Treasurer | 1 | $0 | |
Jennifer Dodson Director | 1 | $0 | |
Joseph Ayler Director | 1 | $0 | |
Andy Dalton Director | 1 | $0 | |
Morgan Dilks ESQ Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $127,229 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $18 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$13,320 |
Other Revenue | $5 |
Total Revenue | $113,932 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $11,500 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $949 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $15,899 |
Total expenses | $28,348 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $169,214 |
Other assets | $0 |
Total assets | $169,214 |
Total liabilities | $148 |
Net assets or fund balances | $169,066 |