BETTER BUSINESS BUREAU DETROIT AND EASTERN MICHIGAN (EIN 380347220) - Form 990 Financial Analysis & Trantor Score

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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

1917

Legal Domicile

Principal Officer

Lawrence Levy

Phone

2482239400

Tax Period

2023-01-01 to 2023-12-31

BETTER BUSINESS BUREAU DETROIT AND EASTERN MICHIGAN, founded in 1917, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

OUR MISSION IS TO BE THE LEADER IN ADVACING MARKETPLACE TRUST. WE ACCOMPLISH THIS MISSION BY: 1) CREATING A COMMUNITY OF TRUSTWORTHY BUSINESSES. 2) SETTING STANDARDS FOR MARKETPLACE TRUST. 3) ENCOURAGING AND SUPPORTING BEST PRACTICES. 4) CELEBRATING MARKETPLACE ROLE MODELS,AND 5) DENOUNCING SUBSTANDARD MARKETPLACE BEHAVIOR.THE BBB IS A PUBLIC SERVICE AGENCY DEVOTED TO THE PROTECTION OF THE CONSUMING PUBLIC AND THE VITALITY OF THE FREE ENTERPRISE SYSTEM. IT FULFILLS ITS PURPOSE BY FOSTERING HIGH STANDARDS OF RESPONSIBILITY IN BUSINESS PRACTICES AND SERVICES AND BY ADVOCATING TRUTH IN ADVERTISING, SUCH OBJECTIVES TO BE ACHIEVED THROUGH VOLUNTARY REGULATION AND MONITORING ACTIVITIES DESIGNED TO ENHANCE PUBLIC CONFIDENCE IN BUSINESS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,680,245

Investment Income $9,081

Other Revenue $0

TOTAL REVENUE $2,689,326

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,297,641

Fundraising Expenses $0

Other Expenses $1,521,129

TOTAL EXPENSES $2,818,770

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,689,326	$2,287,924	+0.2%
Expenses	$2,818,770	$2,474,342	+0.1%
Net Income	$-129,444	$-186,418	-0.3%

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

Governance

Voting Members

Independent Members

Employees

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

$137,498

Total Directors

$137,498

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELANIE DUQUESNEL	PRESIDENT	40.00	Officer Director	$137,498	$0	$137,498
Eric Phillips	VICE CHAIR	0.50	Officer Director	$0	$0	$0
Lawrence Levy	Chairman	0.50	Director	$0	$0	$0
Trevor Asti	Director	0.50	Director	$0	$0	$0
John Cook	Director	0.50	Director	$0	$0	$0
Walter Elliott	Director	0.50	Director	$0	$0	$0
Matt Farrell	Director	0.50	Director	$0	$0	$0
Adam Helfman	Director	0.50	Director	$0	$0	$0
Dr Anita Hicks	Director	0.50	Director	$0	$0	$0
Scott King	Director	0.50	Director	$0	$0	$0
Matthew Langan	Director	0.50	Director	$0	$0	$0
John Valenti	Director	0.50	Director	$0	$0	$0
Timothy Mayer	Director	0.50	Director	$0	$0	$0
Mark Montante	Director	0.50	Director	$0	$0	$0
Jeff Schleuning	Director	0.50	Director	$0	$0	$0
Wade Solomon	Director	0.50	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	No data	No data	No data	No data
2023	$2,689,326	$2,818,770	$1,739,489	$-129,444
2022	$2,287,924	$2,474,342	$1,517,606	$-186,418
2021	$2,518,626	$2,263,891	$1,716,862	$254,735
2020	$1,232,632	$2,082,161	$1,392,453	$-849,529
2019	$2,335,576	$2,538,093	$2,045,551	$-202,517
2018	$2,488,775	$2,369,589	$2,534,032	$119,186

BETTER BUSINESS BUREAU DETROIT AND EASTERN MICHIGAN