BBB NATIONAL PROGRAMS CHARITABLE FOUNDATION (CONT'D ON SCHEDULE O) (EIN 845021924) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

VICTORIA MCCORMICK

Phone

7032479361

Tax Period

2024-01-01 to 2024-12-31

BBB NATIONAL PROGRAMS CHARITABLE FOUNDATION (CONT'D ON SCHEDULE O), founded in 2020, is a small nonprofit in the Education sector that reported $455K in total revenue in fiscal year 2023. Expenses of $710K exceeded revenue, resulting in a 56% operating deficit.

Mission

EDUCATION, RESEARCH AND SUPPORT OF INDUSTRY SELF-REGULATION IN THE U.S.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,636,945

Program Service Revenue $0

Investment Income $5,340

Other Revenue $0

TOTAL REVENUE $1,642,285

Expense Breakdown

Grants Paid $0

Salaries & Benefits $461,439

Fundraising Expenses $0

Program Expenses $1,256,485

Other Expenses $892,492

TOTAL EXPENSES $1,353,931

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,642,285	$455,250	+2.6%
Expenses	$1,353,931	$709,642	+0.9%
Net Income	$288,354	$-254,392	-2.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$1,284,973

Total Directors

$1,284,973

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
W DAVID HUBBARD	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
ERIC D REICIN	PRESIDENT & CEO	2.00	Officer Director	$0	$57,677	$853,203
VICTORIA MCCORMICK	CFO & COO	2.00	Officer Director	$0	$59,266	$431,770
HOWARD SMITH	EXECUTIVE DIRECTOR (AS OF 11/11/24)	35.00	Highest	$28,819	$15,389	$173,908
JUSTIN CONNOR	EXECUTIVE DIRECTOR (TO 10/28/24)	35.00	Highest	$254,146	$49,862	$304,008

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	$1,642,285	$1,353,931	$1,253,000	$288,354
2023	$455,250	$709,642	$207,743	$-254,392

BBB NATIONAL PROGRAMS CHARITABLE FOUNDATION (CONT'D ON SCHEDULE O)