BETTER BUSINESS BUREAU INC

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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

1912

Legal Domicile

Principal Officer

SCOTT VYSKOCIL

Phone

4023917612

Tax Period

2024-01-01 to 2024-12-31

BETTER BUSINESS BUREAU INC, founded in 1912, is a community nonprofit in the Community Improvement sector that reported $6.9M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.1M, a strong 16% operating margin.

Mission

TO BE THE LEADER IN ADVANCING MARKETPLACE TRUST 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

Program Service Accomplishments

Program 1

Expenses: $5,503,553 Revenue: $6,036,325

1. PROMOTES ETHICAL BUSINESS PRACTICES IN THE COMMUITY 2. REVIEWS ADVERTISEMENTS 3. PROCESSES COMPLAINTS AGAINST BUSINESSES

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,036,325

Program Service Revenue $526,977

Investment Income $358,817

Other Revenue $0

TOTAL REVENUE $6,922,119

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,056,032

Fundraising Expenses $0

Program Expenses $5,503,553

Other Expenses $2,787,998

TOTAL EXPENSES $5,844,030

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,922,119	$5,953,693	+0.2%
Expenses	$5,844,030	$5,432,819	+0.1%
Net Income	$1,078,089	$520,874	+1.1%

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

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

$451,719

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE SWEENEY	DIRECTOR	1.00	Director	$0	$0	$0
JASON OTTO	DIRECTOR	1.00	Director	$0	$0	$0
MARK STEPHENS	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH BARTON	DIRECTOR	1.00	Director	$0	$0	$0
DOUG HIEMSTRA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KIM WILHELM	DIRECTOR	1.00	Director	$0	$0	$0
TOM BOSCH	DIRECTOR	1.00	Director	$0	$0	$0
MARK WHITEHEAD	DIRECTOR	1.00	Director	$0	$0	$0
RON PLAGEMAN	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT VYSKOCIL	CHAIR	1.00	Officer Director	$0	$0	$0
ANGELA KIANI	SECRETARY/ TREASURER	1.00	Officer Director	$0	$0	$0
TOM BERGER	DIRECTOR	1.00	Director	$0	$0	$0
DUSTIN JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SWANSTROM	DIRECTOR	1.00	Director	$0	$0	$0
JIM HEGARTY	PRESIDENT/CEO	40.00	Officer	$340,477	$111,242	$451,719

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	$6,922,119	$5,844,030	$11,233,448	$1,078,089
2023	$5,953,693	$5,432,819	$9,673,543	$520,874
2022	$5,393,431	$5,207,992	$8,070,443	$185,439
2021	$5,104,852	$5,074,612	$8,883,722	$30,240
2020	$4,340,004	$4,734,797	$8,869,041	$-394,793
2019	$5,172,592	$5,023,101	$8,017,803	$149,491
2018	$5,073,656	$4,773,625	$7,243,232	$300,031