BETTER BUSINESS BUREAU INC

EIN: 610417092

LOUISVILLE, KY

Total Revenue
$2,717,709
Total Expenses
$2,588,435
Total Assets
$2,403,453
Net Assets
$2,403,221
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
KY
Principal Officer
REANNA SMITH-HAMBLIN
Phone
5025831492
Tax Period
2024-01-01 to 2024-12-31

BETTER BUSINESS BUREAU INC, founded in 1947, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Expenses of $2.6M left a modest 5% surplus.

Mission

THE ORGANIZATION'S PURPOSE IS TO PROMOTE AND ASSIST IN MAINTAINING TRUTH, HONESTY AND ACCURACY IN ADVERTISING, SELLING AND SERVICE PRACTICES AND TO HELP INCREASE JUSTIFIED PUBLIC CONFIDENCE IN THE PRINTED AND SPOKEN WORD OF BUSINESS. THE ORGANIZATION ALSO SEEKS TO ADVOCATE AND ASSIST IN MAINTAINING FAIR COMPETITION AMONG BUSINESSES AND TO PROMOTE INTEGRITY IN THE MARKETPLACE' IN THE SPIRIT OF SELF-REGULATION OF PRIVATE BUSINESS IN A FREE ENTERPRISE SOCIETY AND TO INFORM AND EDUCATE THE PUBLIC AS TO THE DIFFERENCE BETWEEN HONEST AND LEGITIMATE ADVERTISING, SELLING AND SOLICITING PRACTICES, AND THOSE WHICH ARE MISLEADING, DISHONEST AND IMPROPER AND TO PROTECT THE PUBLIC FROM BEING MISLED BY PERSONS USING UNFAIR ADVERTISING, SELLING OR SOLICITING PRACTICES BY ALL PROPER MEANS, INCLUDING RENDERING REPORTS ON REQUEST WITH RESPECT TO INDIVIDUAL BUSINESSES AND NON-PROFIT ORGANIZATIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,388,558
Investment Income $53,898
Other Revenue $275,253
TOTAL REVENUE $2,717,709

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,719,307
Fundraising Expenses $29,084
Program Expenses $2,323,740
Other Expenses $869,128
TOTAL EXPENSES $2,588,435

Year-over-Year Comparison

2024 2023 Change
Revenue $2,717,709 $2,651,218 +0.0%
Expenses $2,588,435 $2,586,043 +0.0%
Net Income $129,274 $65,175 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
20
Independent Members
20
Employees
24
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
4
$176,599
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLEY TROUTMAN DIRECTOR 1.00
Director
$0 $0 $0
WAYNE TURCHETTA DIRECTOR 1.00
Director
$0 $0 $0
SEAN RAMEY DIRECTOR 1.00
Director
$0 $0 $0
CHARLES HUTCHINS DIRECTOR 1.00
Director
$0 $0 $0
CHRIS TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
AARON MCGAHEE DIRECTOR 1.00
Director
$0 $0 $0
JEFF ELDER DIRECTOR 1.00
Director
$0 $0 $0
TIM DENHAM DIRECTOR 1.00
Director
$0 $0 $0
BLAINE ADAMS DIRECTOR 1.00
Director
$0 $0 $0
ISRAEL CUENCA DIRECTOR 1.00
Director
$0 $0 $0
MARY MULLINS DIRECTOR 1.00
Director
$0 $0 $0
ROB WATSON DIRECTOR 1.00
Director
$0 $0 $0
PAUL THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
PAULA HUNTER DIRECTOR 1.00
Director
$0 $0 $0
DEJA DOWNEY DIRECTOR 1.00
Director
$0 $0 $0
SAMANTHA MENNIE DIRECTOR 1.00
Director
$0 $0 $0
MELISSA MARVEL DIRECTOR 1.00
Director
$0 $0 $0
REANNA SMITH-HAMBLIN PRESIDENT/CEO 40.00
Officer
$176,599 $0 $176,599
SAMUEL L CILONE JR CHAIR 1.00
Officer
$0 $0 $0
WENDE COSBY SECRETARY 1.00
Officer
$0 $0 $0
MARK TURNER TREASURER 1.00
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 $2,717,709 $2,588,435 $2,403,453 $129,274
2023 $2,651,218 $2,586,043 $2,220,472 $65,175
2022 $2,184,560 $2,471,385 $2,097,065 $-286,825
2021 $2,354,713 $1,915,557 $2,008,041 $439,156
2020 $2,216,956 $1,941,806 $1,659,944 $275,150
2019 $2,370,197 $2,127,872 $1,361,655 $242,325
2018 $2,258,449 $2,079,088 $1,095,331 $179,361
Explore More Nonprofits
Top 100 Nonprofits in Kentucky Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BETTER BUSINESS BUREAU INC with other nonprofits in Kentucky and across the country.