Overview
What is Better Business Bureau Detroit And Eastern Michigan Educational Foundation?
The Better Business Bureau Detroit and Eastern Michigan Educational Foundation, situated in Southfield, Michigan, is a nonprofit organization dedicated to promoting transparency in business practices. They achieve this by providing free, easily accessible information to the public, primarily through brochures, seminars, and various events. Their primary mission is to educate individuals about unfair business practices and fraud, empowering them to make informed decisions when selecting entities for business engagements.
Official website here: www.easternmichiganbbb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Better Business Bureau Detroit And Eastern Michigan Educational Foundation has achieved a 97% score from Charity Navigator, indicating a strong level of accountability and financial health. The organization boasts a high percentage of independent board members (85%) and has no issues with material diversion of assets, which underscores its commitment to ethical governance and operational transparency.
In terms of financial management, the foundation's program expense ratio stands at an impressive 84.12%, demonstrating that the majority of its expenditures are directed towards its programs. The organization also maintains solid policies for conflict of interest, whistleblowing, and document retention, all of which are critical for maintaining trust and integrity in nonprofit operations.
While the organization showcases strong financial practices and governance, ongoing engagement and support from the community will be essential to sustain its impactful programs. Overall, the foundation's high rating reflects its dedication to fulfilling its mission efficiently and responsibly.
This AI summary has been generated from information found on Charity Navigator.
Is Better Business Bureau Detroit And Eastern Michigan Educational Foundation legitimate?
Better Business Bureau Detroit And Eastern Michigan Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Better Business Bureau Detroit And Eastern Michigan Educational Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,383
For more financial information, click here
Official website here: www.easternmichiganbbb.org
What is the mission statement of Better Business Bureau Detroit And Eastern Michigan Educational Foundation?
The Better Business Bureau Detroit and Eastern Michigan Educational Foundation's mission is centered around educating the public on unfair business practices and fraud. This organization aims to empower individuals to make informed decisions when selecting entities to conduct business with. They achieve this through various means, such as providing free information about business practices in the form of brochures, seminars, and other events. The primary goal is to foster a business environment where consumers can make confident choices, thereby promoting ethical conduct within the business community.
Official website here: www.easternmichiganbbb.org
Who is the CEO of Better Business Bureau Detroit And Eastern Michigan Educational Foundation?
Melanie Duquesnel is the President of Better Business Bureau Detroit And Eastern Michigan Educational Foundation.
Official website here: www.easternmichiganbbb.org
What is the revenue of Better Business Bureau Detroit And Eastern Michigan Educational Foundation?
Better Business Bureau Detroit And Eastern Michigan Educational Foundation's revenue in 2022 was $91,505.
Official website here: www.easternmichiganbbb.org
Who are the executives of Better Business Bureau Detroit And Eastern Michigan Educational Foundation and what are their salaries?
Here are 9 key members and their salaries:
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- Related: $154,841
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Official website here: www.easternmichiganbbb.org
Where can I find the form 990 for Better Business Bureau Detroit And Eastern Michigan Educational Foundation?
Better Business Bureau Detroit And Eastern Michigan Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.easternmichiganbbb.org
Learn more at the official website: www.easternmichiganbbb.org
Mission Statement of Better Business Bureau Detroit And Eastern Michigan Educational Foundation
The Better Business Bureau Detroit and Eastern Michigan Educational Foundation is dedicated to enlightening the public about unethical business practices and fraud, empowering individuals to make informed decisions when selecting entities to conduct business with. Their primary mission is to disseminate information on business conduct, communicating this knowledge effectively through resources such as brochures, seminars, and various events, all offered free of charge. By doing so, the Better Business Bureau Detroit and Eastern Michigan Educational Foundation aims to foster a community that prioritizes transparency and fairness in business transactions, ultimately promoting a trustworthy marketplace for all.
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Impact
October, 2024
Better Business Bureau Detroit and Eastern Michigan Educational Foundation significantly impacts the community by empowering the public with knowledge about business practices and consumer rights. Through its comprehensive educational initiatives, the foundation raises awareness about unfair business practices and fraud, enabling individuals to make informed decisions when engaging with various entities.
The foundation offers resources such as brochures, seminars, and events that elucidate best practices in business, fostering an informed consumer base. By providing this information free of charge, it ensures that individuals from all walks of life can access essential knowledge tailored to navigating the complexities of the marketplace.
Overall, the foundation enhances consumer protection, contributes to a fairer business environment, and promotes ethical practices, creating a positive ripple effect throughout the economy in Southfield and the greater Eastern Michigan region.
This information is meant to be a general summary of Better Business Bureau Detroit And Eastern Michigan Educational Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $56
- Program Service Revenue: $11,411
- Gross Receipts: $91,505
Assets and Liabilities:
- Total Assets: $94,737
- Total Liabilities: $25,386
- Net Assets: $69,351
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TORCH AWARDS
Revenue
$11,411
Organization Details
Founding Year
1969
Phone
(248) 223-9400Principal Officer
Melanie Duquesnel
Main Address
20300 W 12 MILE ROAD 202, SOUTHFIELD, MI, 48076
Website
www.easternmichiganbbb.orgNTEE Category
Code: W90 - Public benefit
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