BETTER BUSINESS BUREAU OF GREATER EAST TENNESSEE INC

EIN: 620598936

KNOXVILLE, TN

Total Revenue
$1,095,810
Total Expenses
$988,814
Total Assets
$2,394,974
Net Assets
$2,060,237
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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
TN
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

TO PROVIDE ASSISTANCE IN ESTABLISHING GOOD TRADE PRACTICES FOR BUSINESSES AND ASSISTANCE IN SOLVING ETHICAL PROBLEMS THROUGH ARBITRATION, ETC.

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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 $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

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Governance

Voting Members
22
Independent Members
22
Employees
12
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
0
$0
Total Directors
22
$193,807
Key Employees
0
$0
Highest Compensated
0
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
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
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