TRI-STATE BETTER BUSINESS BUREAU IN

EIN: 351649164

EVANSVILLE, IN

Total Revenue
$491,600
Total Expenses
$587,724
Total Assets
$624,853
Net Assets
$453,349
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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
1985
Legal Domicile
IN
Principal Officer
SUSAN BOLIN
Phone
8124730202
Tax Period
2024-01-01 to 2024-12-31

TRI-STATE BETTER BUSINESS BUREAU IN, founded in 1985, is a small nonprofit that reported $492K in total revenue in fiscal year 2024. Expenses of $588K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO BE A LEADER IN ADVANCING MARKETPLACE TRUST BY CREATING A COMMUNITY OF TRUSTWORTHY BUSINESSES, SETTING STANDARDS FOR MARKETPLACE TRUST, ENCOURAGING AND SUPPORTING BEST PRACTICES, CELETRATING MARKETPLACE ROLE MODELS, AND DENOUNCING SUBSTANDARD MARKETPALCE BEHAVIOR.

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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 $424,268
Program Service Revenue $125
Investment Income $24,998
Other Revenue $42,209
TOTAL REVENUE $491,600

Expense Breakdown

Grants Paid $0
Salaries & Benefits $374,262
Fundraising Expenses $0
Program Expenses $462,261
Other Expenses $213,462
TOTAL EXPENSES $587,724

Year-over-Year Comparison

2024 2023 Change
Revenue $491,600 $457,556 +0.1%
Expenses $587,724 $536,167 +0.1%
Net Income $-96,124 $-78,611 +0.2%
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
18
Independent Members
18
Employees
11
Volunteers
N/A

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
$83,015
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CATHY EICHELE CEO/PRESIDEN 35.00
Officer
$72,000 $0 $72,000
RON LIBBERT TREASURER 7.00
Officer
$11,015 $0 $11,015
REV ADRIAN BROOKS BOARD MEMBER N/A
Director
$0 $0 $0
DANE CHANDLER CHAIR N/A
Director
$0 $0 $0
JOHN R DIEKHOFF BOARD MEMBER N/A
Director
$0 $0 $0
RAY FARABAUGH BOARD MEMBER N/A
Director
$0 $0 $0
SHANNON FRANK COUNSEL N/A
Director
$0 $0 $0
GINGER HAPPE BOARD MEMBER N/A
Director
$0 $0 $0
DON HIDGON BOARD MEMBER N/A
Director
$0 $0 $0
JASON HULSMAN BOARD MEMBER N/A
Director
$0 $0 $0
DON DECKER JR BOARD MEMBER N/A
Director
$0 $0 $0
LINDSEY MCCOY BOARD MEMBER N/A
Director
$0 $0 $0
TOM SCHRADER BOARD MEMBER N/A
Director
$0 $0 $0
BRETT SCHULTHEIS BOARD MEMBER N/A
Director
$0 $0 $0
BRIAN SPENCER BOARD MEMBER N/A
Director
$0 $0 $0
SUSAN BOLIN CEO/PRESIDEN N/A
Officer
$0 $0 $0
CORTNEY PHILLIPS SECRETARY N/A
Officer
$0 $0 $0
MICHAEL STUCKEY BOARD MEMBER N/A
Officer
$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 $491,600 $587,724 $624,853 $-96,124
2023 $457,556 $536,167 $640,274 $-78,611
2022 $472,914 $523,279 $707,187 $-50,365
2021 $583,139 $532,260 $793,242 $50,879
2020 $531,849 $503,448 $780,747 $28,401
2019 $579,447 $641,633 $708,316 $-62,186
2018 $621,462 $608,378 $728,795 $13,084
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