THE BETTER BRIDAL GROUP INTERNATIONAL INC

EIN: 814815040 501(c)(3)

BERKLEY, MI

Total Revenue
$413,128
Total Expenses
$371,852
Total Assets
$420,835
Net Assets
$420,835
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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
2018
Legal Domicile
MI
Principal Officer
MICHELLE MCFARLAND
Phone
2482592631
Tax Period
2023-01-01 to 2023-12-31

THE BETTER BRIDAL GROUP INTERNATIONAL INC, founded in 2018, is a small nonprofit that reported $413K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $372K left a modest 10% surplus.

Mission

THE BETTER BRIDAL GROUP INTERNATIONAL (BBG) SUPPORTS BRIDAL STORE OWNERS, ENABLING THEM TO BECOME SELF-SUFFICIENT ENTREPRENEURS. BBG OFFERS SEMINARS, MENTORING AND INDUSTRY CONNECTIONS FOCUSED ON GROWTH AND EXPANSION.

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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 $413,128
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $413,128

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,822
Fundraising Expenses $0
Program Expenses $371,852
Other Expenses $362,030
TOTAL EXPENSES $371,852

Year-over-Year Comparison

2023 2022 Change
Revenue $413,128 $369,078 +0.1%
Expenses $371,852 $405,430 -0.1%
Net Income $41,276 $-36,352 -2.1%
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
1
Independent Members
1
Employees
N/A
Volunteers
13

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
1
$8,000
Total Directors
2
$8,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE MCFARLAND PRESIDENT 12.00
Officer Director
$8,000 $0 $8,000
SANDRA GONZALEZ SECRETARY 12.00
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
2023 $413,128 $371,852 $420,835 $41,276
2022 $369,078 $405,430 $379,559 $-36,352
2021 $396,285 $211,264 $415,911 $185,021
2020 $194,032 $113,971 $230,889 $80,061
2019 $231,902 $191,589 $150,827 $40,313
2018 $210,039 $99,624 $110,415 $110,415
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