BBB WISE GIVING ALLIANCE

EIN: 521070270 501(c)(3)

ARLINGTON, VA

Total Revenue
$2,210,223
Total Expenses
$2,571,906
Total Assets
$1,636,155
Net Assets
$279,413
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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
DC
Principal Officer
HERMAN ART TAYLOR
Phone
7032479321
Tax Period
2023-01-01 to 2023-12-31

BBB WISE GIVING ALLIANCE, founded in 1975, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Expenses of $2.6M exceeded revenue, resulting in a 16% operating deficit.

Mission

BBB WISE GIVING ALLIANCE (BBB WGA) EVALUATES CHARITIES, AT NO CHARGE, USING ITS 20 HOLISTIC BBB CHARITY STANDARDS TO HELP DONORS VERIFY THE TRUSTWORTHINESS OF SOLICITING ORGANIZATIONS. (BBB IS THE ABBREVIATION FOR BETTER BUSINESS BUREAU.)

Program Service Accomplishments

Program 1
Expenses: $2,013,023 Revenue: $2,034,986

BBB WGA PRODUCES ABOUT 1,500 REPORTS ON NATIONALLY-SOLICTING CHARITIES BASED ON THE 20 BBB STANDARDS FOR CHARITY ACCOUNTABILITY. PUBLIC INQUIRIES HELP DETERMINE WHICH CHARITIES ARE EVALUATED...

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BBB WGA PRODUCES ABOUT 1,500 REPORTS ON NATIONALLY-SOLICTING CHARITIES BASED ON THE 20 BBB STANDARDS FOR CHARITY ACCOUNTABILITY. PUBLIC INQUIRIES HELP DETERMINE WHICH CHARITIES ARE EVALUATED. CHARITIES CAN ALSO REQUEST TO BE EVALUATED. PRODUCES A WISE GIVING GUIDE MAGAZINE THREE TIMES PER YEAR, WHICH INCLUDES A SUMMARY LIST OF CHARITY EVALUATIONS. CHARITIES THAT MEET ALL 20 STANDARDS ARE CALLED BBB ACCREDITED CHARITIES. THERE IS NO CHARGE FOR CHARITY ACCREDITATION AND THE RESULTING REPORTS ARE FREE TO THE PUBLIC AT GIVE.ORG. ACCREDITED CHARITIES HAVE THE OPTION OF LICENSING A BBB CHARITY SEAL FOR A SLIDING SCALE FEE. OF THE CHARITIES THAT PROVIDE REQUESTED INFORMATION, 70% WERE FOUND TO MEET ALL 2O BBB CHARITY STANDARDS AND 30% DID NOT MEET ONE OR MORE OF THE STANDARDS.THE CURRENT NAME, BBB WISE GIVING ALLIANCE (BBB WGA) BEGAN TO BE USED IN 2001. HOWEVER, UNDER PREVIOUS NAMES, THE LEGACY OF BBB REPORTING ON NATIONAL CHARITIES DATES BACK TO THE 1920'S.IN ADDITION TO ITS LONG HISTORY, ONE OF THE KEY DISTINCTIONS BETWEEN BBB WGA AND OTHER CHARITY MONITORING ORGANIZATIONS IS THAT IT IS A STANDARDS-BASED CHARITY EVALUATOR. THE 20 BBB STANDARDS FOR CHARITY ACCOUNTABILITY ADDRESS, AMONG OTHER THINGS, CHARITY GOVERNANCE, FINANCES, RESULTS REPORTING, TRANSPARENCY AND ACCURATE APPEALS. THESE STANDARDS SERVE AS THE BASIS FOR RIGOROUS EVALUATIONS COMPLETED BY THE BBB WGA EXPERT RESEARCH STAFF. A DETAILED EXPLANATION OF HOW EACH STANDARD IS APPLIED APPEARS ON GIVE.ORG.BBB WGA PUBLISHES A MAGAZINE THREE TIMES A YEAR, THE WISE GIVING GUIDE, THAT FEATURES COVER STORIES ON CHARITY ACCOUNTABILITY TOPICS ALONG WITH A SUMMARY CHART OF ITS MOST CURRENT NATIONAL CHARITY EVALUATIONS. COVER STORY TOPICS IN 2023 INCLUDED CHARITY MONITORING IN OTHER COUNTRIES, DECLINE IN PERCENTAGE OF U.S. HOUSEHOLDS THAT DONATE, AND A DONOR HANDBOOK COVERING VARIOUS GIVING SUBJECTS.THE GIVE.ORG WEBSITE INCLUDES A WEEKLY "WISE GIVING WEDNESDAY' POSTING THAT ADDRESSES VARIOUS CHARITY ACOUNTABILITY ISSUES, SUCH AS ADVICE ON GIVING TO DISASTER RELIEF ORGANIZATIONS AND SIGNALS OF TRUST FOR CHARITIES. DURING 2023, WISE GIVING WEDNESDAY CONTINUED A SERIES OF ENTRIES FOCUSING ON DONATIONS TO ASSIST UKRAINE RELIEF EFFORTS AND HOW TO ASSIST UKRAINIAN REFUGEES THAT FLED TO NEIGHBORING COUNTRIES. OTHER WISE GIVING WEDNESDAY TOPICS INCLUDED ISRAEL/GAZA RELIEF EFFORTS, DONATING TO SHOOTING VICTIMS IN MAINE, AFGHANASTAN AND MOROCCO EARTHQUAKE RELIEF, AND MAUI WILDFIRE RELIEF. BBB WGA ALSO CONTINUED ITS 'BUILDING TRUST' VIDEO SERIES WHICH CONSISTS OF INTERVIEWS WITH CEO'S OF MAJOR CHARITABLE ORGANIZATIONS.IN OCTOBER 2023, BBB WGA PARTICIPATED IN INTERNATIONAL CHARITY FRAUD AWARENESS WEEK, WHICH REPRESENTS AN INTERNATIONAL COALITION OF GOVERNMENT REGULATORS, LAW ENFORCEMENT AGENCIES, CHARITIES AND OTHERS SEEKING TO ADDRESS CHARITY FRAUD ISSUES. BBB WGA DISTRIBUTED DONOR ADVICE ON CHARITY FRAUD CAUTIONS.THE HEART OF GIVING PODCAST ENTERED ITS FOURTH YEAR OF PRODUCTION IN 2023. THIS WEEKLY SERIES INVOLVES DETAILED DISCUSSIONS WITH CHARITY SECTOR LEADERS ON VARIOUS TOPICS SUCH AS THE MOTIVATIONS BEHIND WHY WE GIVE AND WHAT DROVE CHARITY EXECUTIVES TO A CAREER OF SERVICE AND GIVING.IN NOVEMBER 2023, BBB WGA RELEASED THE SIXTH EDITION OF THE GIVE.ORG DONOR TRUST REPORT. THIS ANNUAL REVIEW OF TRUST AND GIVING ATTITUDES INVOLVES AN ONLINE SURVEY OF 2,100 ADULTS IN THE U.S AND 1,000 IN CANADA, WHICH EXPLORES DONOR BELIEFS, FEELINGS, AND BEHAVIORAL INTENTIONS RELATED TO CHARITY TRUST AND GIVING. KEY FINDINGS INCLUDE: 70% OF RESPONDENTS RATED THE IMPORTANCE OF TRUSTING A CHARITY BEFORE GIVING AS 9 OR 10 (ESSENTIAL) ON A 10-POINT SCALE. HOWEVER, ONLY 20% OF RESPONDENTS SAID THEY HIGHLY TRUST CHARITIES.IN JUNE 2023, BBB WGA DISTRIBUTED A SPECIAL EDITION OF THE GIVE.ORG DONOR TRUST REPORT THAT FOCUSED ON THE DROP OF DONOR PARTICIPATION. ONE OF THE KEY FINDINGS IS THAT SOME SAID THEY STOPPED CONTRIBUTING BECAUSE THEY COULD NOT AFFORD TO GIVE, PERFERRED OTHER WAYS OF BEING GENEROUS, DID NOT TRUST SOLICITING CHARITIES, OR DID NOT FEEL THEY HAD BEEN ASKED.

Program 2
Expenses: $217,618

IN 2023 BBB WGA CONTINUED GIVESAFELY.IO THIS IS A SECURE TRUST BASED DONATION PLATFORM FOR BBB ACCREDITED CHARITIES (I.E., CHARITIES THAT MEET BBB CHARITY STANDARDS). IT AIMS TO PROTECT DONORS'...

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IN 2023 BBB WGA CONTINUED GIVESAFELY.IO THIS IS A SECURE TRUST BASED DONATION PLATFORM FOR BBB ACCREDITED CHARITIES (I.E., CHARITIES THAT MEET BBB CHARITY STANDARDS). IT AIMS TO PROTECT DONORS' PERSONAL DATA BY USE OF THE BLOCKCHAIN. DATA IS ONLY PASSED ON TO THE CHARITY WITH THE DONORS' CONSENT. IT ALSO ENABLES DONORS TO DONATE WITH CRYPTOCURRENCY. DURING 2023, BBB WGA CONTINUED TO HOLD A SERIES OF NO-CHARGE VIDEO MEETINGS WITH CHARITY EXECUTIVES. THIS WAS INTENDED TO SERVE AS A VIRTUAL WORKSHOP SERIES WHERE BBB ACCREDITED CHARITIES CONNECT AND INTERACT WITH EXPERTS AND COLLEAGUES IN THE CHARITABLE SECTOR TO DISCUSS CHARITABLE SECTOR ISSUES OF INTEREST.THE ADVANCING COLLABORATION PROJECT STARTED IN 2017 AS AN ARTICLE SERIES CREATED IN PARTNERSHIP WITH STANFORD SOCIAL INNOVATION REVIEW. THESE ARTICLES SOUGHT TO ENCOURAGE CHARITIES TO SEEK OUT NEW PARTNERSHIPS AS A WAY TO REACH LARGER AUDIENCES WHILE SHARING RISK AND HELPING ACHIEVE MORE THAN AN ORGANIZATION CAN DO ALONE. BBB WGA'S WEBSITE PROVIDES EXAMPLES OF COLLABORATIONS FROM A VARIETY OF CHARITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $162,135
Program Service Revenue $2,048,088
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,210,223

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,821,467
Fundraising Expenses $56,904
Program Expenses $2,230,641
Other Expenses $750,439
TOTAL EXPENSES $2,571,906

Year-over-Year Comparison

2023 2022 Change
Revenue $2,210,223 $2,209,887 +0.0%
Expenses $2,571,906 $2,391,273 +0.1%
Net Income $-361,683 $-181,386 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
14
Volunteers
14

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
6
$517,092
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BONNIE BENHAYON CHAIR 1.00
Officer Director
$0 $0 $0
JANICE LACHANCE VICE CHAIR 1.00
Officer Director
$0 $0 $0
ROBERT DIGGS SECRETARY 1.00
Officer Director
$0 $0 $0
ANDRAS KOSARAS TREASURER 1.00
Officer Director
$0 $0 $0
ANNE SCHELLE BOARD MEMBER 1.00
Director
$0 $0 $0
BARBARA O'REILLY BOARD MEMBER 1.00
Director
$0 $0 $0
CAREN CROLAND YANIS BOARD MEMBER 1.00
Director
$0 $0 $0
CHUCK BEAN BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH MONG BOARD MEMBER 1.00
Director
$0 $0 $0
JON PRATT BOARD MEMBER 1.00
Director
$0 $0 $0
PRATICHI SHAH BOARD MEMBER 1.00
Director
$0 $0 $0
ROGER CRAVER BOARD MEMBER 1.00
Director
$0 $0 $0
TERESE KUNG BOARD MEMBER 1.00
Director
$0 $0 $0
WARREN CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
HERMAN ART TAYLOR PRESIDENT & CEO 40.00
Officer
$267,856 $39,468 $307,324
BENNETT WEINER EXECUTIVE VP & COO 40.00
Officer
$185,615 $24,153 $209,768
KELLEY BEVIS GENERAL COUNSEL 40.00
Highest
$120,777 $10,597 $131,374
JULIE RIZZO DIRECTOR, DEVELOPMENT & SEAL LICENSING 40.00
Highest
$118,476 $17,637 $136,113
SHAWN VAN GORDER DIRECTOR, CHARITY EVALUATION 40.00
Highest
$114,218 $15,067 $129,285
ELVIA CASTRO ASSOCIATE DIRECTOR, CHARITY EVALUATION 40.00
Highest
$100,230 $2,235 $102,465
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 $2,210,223 $2,571,906 $1,636,155 $-361,683
2022 $2,209,887 $2,391,273 $1,649,830 $-181,386
2021 $2,119,242 $2,226,185 $1,735,279 $-106,943
2020 $2,166,997 $2,147,912 $1,741,348 $19,085
2019 $2,081,590 $2,006,179 $1,580,700 $75,411
2018 $2,154,985 $2,410,923 $1,840,485 $-255,938
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