BETTER BUSINESS BUREAU OF DES MOIN… - Form 990 Financial Data

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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

1940

Legal Domicile

Principal Officer

CHRISTOPHER J COLEMAN

Phone

5152438137

Tax Period

2023-01-01 to 2023-12-31

BETTER BUSINESS BUREAU OF DES MOINES INC, founded in 1940, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2023.

Mission

THE BETTER BUSINESS BUREAU'S MISSION IS TO BE THE LEADER IN ADVANCING THE MARKETPLACE TRUST. THE BBB ACCOMPLISHES THIS BY CREATING A COMMUNITY OF TRUSTWORTHY BUSINESSES, SETTING STANDARDS FOR MARKETPLACE TRUST, ENCOURAGING AND SUPPORTING BEST PRACTICES, CELEBRATING MARKETPLACE ROLE MODELS, AND DENOUNCING SUBSTANDARD MARKETPLACE BEHAVIOR. BBB IS THE RESOURCE TO TURN TO FOR OBJECTIVE, UNBIASED INFORMATION ON BUSINESSES. OUR NETWORK OF NATIONAL AND LOCAL BBB OPERATIONS ALLOWS US TO MONITOR AND TAKE ACTION ON THOUSANDS OF BUSINESS ISSUES AFFECTING CONSUMERS AT ANY GIVEN TIME.

Program Service Accomplishments

Program 1

Expenses: $1,599,743

PROVIDED APPROXIMATELY 1,403,078 INSTANCES OF SERVICE TO CONSUMERS, OFFERED BUSINESS ETHICS EDUCATION TRAINING, SPONSORED BUSINESS ETHICS INTEGRITY AWARDS, CONDUCTED SEMINAR EDUCATION FOR MEMBERS...

PROVIDED APPROXIMATELY 1,403,078 INSTANCES OF SERVICE TO CONSUMERS, OFFERED BUSINESS ETHICS EDUCATION TRAINING, SPONSORED BUSINESS ETHICS INTEGRITY AWARDS, CONDUCTED SEMINAR EDUCATION FOR MEMBERS, OFFERED ALTERNATIVE DISPUTE RESOLUTION, PUBLISHED MONTHLY NEWSLETTER.

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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 $1,440,505

Investment Income $34,160

Other Revenue $249,669

TOTAL REVENUE $1,724,334

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,256,988

Fundraising Expenses $16,910

Program Expenses $1,599,743

Other Expenses $495,332

TOTAL EXPENSES $1,752,320

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,724,334	$1,684,698	+0.0%
Expenses	$1,752,320	$1,759,954	0.0%
Net Income	$-27,986	$-75,256	-0.6%

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

N/A

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

Total Directors

Key Employees

$245,025

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIMMY DEMATTEIS	PAST CHAIR	1.00	Officer Director	$0	$0	$0
STEVE BECKLEY	CHAIR	1.00	Director	$0	$0	$0
SCOTT BRENNAN	DIRECTOR	0.50	Director	$0	$0	$0
LADONNA GRATIAS	DIRECTOR	0.50	Director	$0	$0	$0
TOM COLVIN	TREASURER	1.00	Officer Director	$0	$0	$0
STEVE CROWE	DIRECTOR	0.50	Director	$0	$0	$0
JOSH DREYER	DIRECTOR	0.50	Director	$0	$0	$0
MARY HO TRAN	EXECUTIVE COMM	1.00	Director	$0	$0	$0
JOYCE MCDANEL	EXECUTIVE COMM	1.00	Director	$0	$0	$0
MIKE MCCORMICK	DIRECTOR	0.50	Director	$0	$0	$0
GARY SCRUTCHFIELD	EXECUTIVE COMM	1.00	Director	$0	$0	$0
JOHN KENWORTHY	VICE CHAIR	1.00	Director	$0	$0	$0
LAURIE COVINGTON	DIRECTOR	0.50	Director	$0	$0	$0
JEFF ELLIS	DIRECTOR	0.50	Director	$0	$0	$0
DAN KNOUP	DIRECTOR	0.50	Director	$0	$0	$0
DAVID LETO	DIRECTOR	0.50	Director	$0	$0	$0
REBEKAH BRANDMEYER	DIRECTOR	0.50	Director	$0	$0	$0
NICK WHITE	DIRECTOR	0.50	Director	$0	$0	$0
JASON GASSMANN	DIRECTOR	0.50	Director	$0	$0	$0
LINDA BLAIR	DIRECTOR	0.50	Director	$0	$0	$0
CHRIS COLEMAN	PRESIDENT & REC SEC'Y	45.00	Key Emp	$201,675	$43,350	$245,025

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	$1,724,334	$1,752,320	$2,370,729	$-27,986
2022	$1,684,698	$1,759,954	$2,246,432	$-75,256
2021	$1,796,362	$1,713,186	$2,552,903	$83,176
2020	$1,757,500	$1,600,503	$2,367,192	$156,997
2019	$1,716,742	$1,798,528	$2,101,316	$-81,786
2018	$1,637,467	$1,884,585	$2,034,357	$-247,118

BETTER BUSINESS BUREAU OF DES MOINES INC