Better Business BureauCanton Regional Inc

EIN: 340875402

Canton, OH

Total Revenue
$854,732
Total Expenses
$763,765
Total Assets
$764,849
Net Assets
$742,910
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
OH
Principal Officer
FRANK CILONA
Phone
3304549401
Tax Period
2024-01-01 to 2024-12-31

Better Business BureauCanton Regional Inc, founded in 1961, is a small nonprofit that reported $855K in total revenue in fiscal year 2024. Expenses of $764K left a modest 11% surplus.

Mission

PROMOTING AND FOSTERING THE HIGHEST ETHICAL RELATIONSHIP BETWEEN BUSINESSES AND THE PUBLIC THROUGH VOLUNTARY SELF-REGULATION, CONSUMER AND BUSINESS EDUCATION, AND SERVICE EXCELLENCE.

Program Service Accomplishments

Program 1

ARBITRATION AND EDUCATION OF BUYING PUBLIC THROUGH PUBLICATION FOR TRUTH IN ADVERTISING FREE TO THE PUBLIC THROUGH OVER 1,800 MEMBERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $731,070
Program Service Revenue $69,537
Investment Income $29,478
Other Revenue $24,647
TOTAL REVENUE $854,732

Expense Breakdown

Grants Paid $0
Salaries & Benefits $468,632
Fundraising Expenses $0
Other Expenses $295,133
TOTAL EXPENSES $763,765

Year-over-Year Comparison

2024 2023 Change
Revenue $854,732 $860,354 0.0%
Expenses $763,765 $776,361 0.0%
Net Income $90,967 $83,993 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
10
Volunteers
20

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$118,384
Total Directors
15
$118,384
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK CILONA CEO 40.0
Officer Director
$118,384 $0 $118,384
MIKE GALINA Vice Chair 1.0
Officer Director
$0 $0 $0
SHAWN ADKINS Sectretary 1.0
Officer Director
$0 $0 $0
LUCAS MURRAY LEGAL COUNSEL 1.0
Director
$0 $0 $0
DEBBIE BUSBY Director 1.0
Director
$0 $0 $0
KERRY ADKINS Treasurer 1.0
Officer Director
$0 $0 $0
MICHEAL RUFFING Chair 1.0
Officer Director
$0 $0 $0
GLENN MEARS Past Chair 1.0
Director
$0 $0 $0
JACQUIE KNIGHT Director 1.0
Director
$0 $0 $0
BOB PIREU DIRECTOR 1.0
Director
$0 $0 $0
TERESA FOX Director 1.0
Director
$0 $0 $0
BRYAN WOIT Director 1.0
Director
$0 $0 $0
JEFF SNYDER Director 1.0
Director
$0 $0 $0
LARRY PITTS EMERITUS 1.0
Director
$0 $0 $0
DICK KRESS EMERITUS 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $854,732 $763,765 $764,849 $90,967
2023 $860,354 $776,361 $675,976 $83,993
2022 $836,241 $783,727 $593,086 $52,514
2021 $808,303 $677,473 $535,436 $130,830
2020 $824,841 $776,090 $407,524 $48,751
2019 $842,335 $789,682 $341,451 $52,653
2018 $805,928 $831,667 $283,202 $-25,739
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