BETTER BUSINESS BUREAU OF MISSISSIPPI

EIN: 640426730

FLOWOOD, MS

Total Revenue
$930,724
Total Expenses
$912,108
Total Assets
$799,018
Net Assets
$690,727
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
MS
Principal Officer
JOHN O'HARA
Phone
6017070960
Tax Period
2024-01-01 to 2024-12-31

BETTER BUSINESS BUREAU OF MISSISSIPPI, founded in 1964, is a small nonprofit that reported $931K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

TO BE THE LEADER IN ADVANCING MARKETPLACE TRUST. BETTER BUSINESS BUREAU OF MISSISSIPPI INC. ACCOMPLISHES THIS MISSION 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. 5. DENOUNCING SUBSTANDARD MARKETPLACE BEHAVIOR.

Program Service Accomplishments

Program 1

IN 2024, THE BETTER BUSINESS BUREAU OF MISSISSIPPI (BBB) HELPED RESOLVE OVER 3,107 CONSUMER COMPLAINTS. BBB RESPONDED TO 575,218 REQUESTS FOR INFORMATION ABOUT COMPANIES OPERATING IN THE BBB'S...

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IN 2024, THE BETTER BUSINESS BUREAU OF MISSISSIPPI (BBB) HELPED RESOLVE OVER 3,107 CONSUMER COMPLAINTS. BBB RESPONDED TO 575,218 REQUESTS FOR INFORMATION ABOUT COMPANIES OPERATING IN THE BBB'S 76-COUNTY SERVICE AREA. BBB CONDUCTED 43 REVIEWS OF BAD OR POOR BUSINESS PRACTICES. ALSO, BBB CONDUCTED 103 EXTENSIVE REVIEWS OF MISLEADING ADVERTISING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $865,999
Program Service Revenue $58,729
Investment Income $5,996
Other Revenue $0
TOTAL REVENUE $930,724

Expense Breakdown

Grants Paid $0
Salaries & Benefits $670,080
Fundraising Expenses $0
Other Expenses $242,028
TOTAL EXPENSES $912,108

Year-over-Year Comparison

2024 2023 Change
Revenue $930,724 $983,705 -0.1%
Expenses $912,108 $921,698 0.0%
Net Income $18,616 $62,007 -0.7%
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
18
Independent Members
18
Employees
11
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
8
$202,050
Total Directors
20
$202,050
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN O'HARA PRESIDENT/CE 40.00
Officer Director
$104,506 $0 $104,506
JACKIE WARREN VP OF OPERAT 40.00
Officer Director
$97,544 $0 $97,544
DERRICK CODFREY EX-OFFICIO N/A
Officer Director
$0 $0 $0
BOB CUNNINGHAM PAST CHAIR N/A
Officer Director
$0 $0 $0
SALLIE DIER TREASURER N/A
Officer Director
$0 $0 $0
TROY DOUGLAS CHAIR N/A
Officer Director
$0 $0 $0
FRANK GENZER BOARD MEMBER N/A
Director
$0 $0 $0
ZETELLA GOOCH BOARD MEMBER N/A
Director
$0 $0 $0
VERA HALL BOARD MEMBER N/A
Director
$0 $0 $0
WADE HIGGINS BOARD MEMBER N/A
Director
$0 $0 $0
JOHN BOUIE II BOARD MEMBER N/A
Director
$0 $0 $0
DONALD LEWIS BOARD MEMBER N/A
Director
$0 $0 $0
HENRY MCCULLUM BOARD MEMBER N/A
Director
$0 $0 $0
BONNIE MEADOWS BOARD MEMBER N/A
Director
$0 $0 $0
KATIE NELSON BOARD MEMBER N/A
Director
$0 $0 $0
CAROLYN RAINS BOARD MEMBER N/A
Director
$0 $0 $0
BARBARA RICHARDSON BOARD MEMBER N/A
Director
$0 $0 $0
MICHAEL SHAM BOARD MEMBER N/A
Director
$0 $0 $0
FREDICA TYES SECRETARY N/A
Officer Director
$0 $0 $0
KENNETH WELLS VICE CHAIR N/A
Officer 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 $930,724 $912,108 $799,018 $18,616
2023 $983,705 $921,698 $705,467 $62,007
2022 $970,561 $880,395 $677,320 $90,166
2021 $1,010,466 $893,011 $519,938 $117,455
2020 $906,189 $819,174 $402,483 $87,015
2019 $831,948 $767,386 $315,468 $64,562
2018 $858,740 $819,899 $250,906 $38,841
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