BETTER BUSINESS BUREAU OF GREATER … - 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

1958

Legal Domicile

Principal Officer

TONY BINKLEY

Phone

8656921616

Tax Period

2023-10-01 to 2024-09-30

BETTER BUSINESS BUREAU OF GREATER EAST TENNESSEE INC, founded in 1958, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Expenses of $989K left a modest 10% surplus.

Mission

THE BETTER BUSINESS BUREAU'S MISSION IS TO BE THE LEADER IN ADVANCING MARKETPLACE TRUST 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.

Program Service Accomplishments

Program 1

ADVOCATED AND ASSISTED IN MAINTAINING FAIR COMPETITION AND DEPENDABILITY IN ADVERTISING, SELLING AND MERCHANDISING.

Program 2

INFORMED AND EDUCATED THE PUBLIC ABOUT THE DIFFERENCE BETWEEN HONEST AND LEGITIMATE ADVERTISING AND SELLING AND THAT WHICH IS MISLEADING, DISHONEST, AND IMPROPER, AND PREVENTED THE PUBLIC FROM BEING...

Program 3

PROMOTED TRUTH, HONESTY, AND ACCURACY IN ADVERTISING AND SELLING PRACTICES AND INCREASED PUBLIC CONFIDENCE IN THE PRINTED AND SPOKEN WORD OF 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 $1,057,569

Investment Income $38,913

Other Revenue $-672

TOTAL REVENUE $1,095,810

Expense Breakdown

Grants Paid $0

Salaries & Benefits $549,863

Fundraising Expenses $0

Other Expenses $438,951

TOTAL EXPENSES $988,814

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,095,810	$1,055,301	+0.0%
Expenses	$988,814	$889,349	+0.1%
Net Income	$106,996	$165,952	-0.4%

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

Total Directors

$193,807

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE CHANCEY	DIRECTOR	1.00	Director	$0	$0	$0
MIKE BAKER	DIRECTOR	1.00	Director	$0	$0	$0
MYRON BERNARD	DIRECTOR	1.00	Director	$0	$0	$0
TONY BINKLEY	PRESIDENT/CEO	40.00	Director	$180,888	$12,919	$193,807
BRUCE CLIFF	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG BELITZ	DIRECTOR	1.00	Director	$0	$0	$0
ANN STAUP	DIRECTOR	1.00	Director	$0	$0	$0
MARK HUNTER	DIRECTOR	1.00	Director	$0	$0	$0
BART LASHLEE	TREASURER	1.00	Director	$0	$0	$0
LEON DOWNEY	DIRECTOR	1.00	Director	$0	$0	$0
BEECHER BARTLETT JR	DIRECTOR	1.00	Director	$0	$0	$0
WHITNEY MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
TOM HODGE	SECRETARY	1.00	Director	$0	$0	$0
NORMAN MAJORS	DIRECTOR	1.00	Director	$0	$0	$0
JOSH SMITH	CHAIR	1.00	Director	$0	$0	$0
RON TILLEY	DIRECTOR	1.00	Director	$0	$0	$0
BRENT HEMSLEY	DIRECTOR	1.00	Director	$0	$0	$0
CLAY KEARLEY	DIRECTOR	1.00	Director	$0	$0	$0
TERRY TURNER	DIRECTOR	1.00	Director	$0	$0	$0
KRISTI WILDER-MADDOX	DIRECTOR	1.00	Director	$0	$0	$0
BOB NEWMAN	DIRECTOR	1.00	Director	$0	$0	$0
DON DARE	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$1,095,810	$988,814	$2,394,974	$106,996
2023	$1,055,301	$889,349	$2,333,511	$165,952
2022	$1,102,136	$995,086	$2,210,490	$107,050
2021	$1,175,741	$972,300	$2,138,862	$203,441
2020	$1,082,072	$1,012,304	$2,491,967	$69,768
2019	$1,067,689	$1,023,161	$2,361,787	$44,528
2018	$1,018,285	$925,899	$1,362,502	$92,386

BETTER BUSINESS BUREAU OF GREATER EAST TENNESSEE INC