Overview
What is Bbb Business And Consumer Foundation?
The BBB Business and Consumer Foundation is a 501(c)3 nonprofit organization committed to fostering marketplace trust. They achieve this by educating both businesses and consumers through a range of programs, tailored to diverse demographics. The foundation's mission is twofold: firstly, they award the BBB Students of Integrity Scholarship to deserving high school seniors, recognizing their ethical values and advocating for ethical marketplaces. Secondly, they collaborate with the Denver Scholarship Foundation, providing financial assistance for scholarships bearing the BBB name. The foundation's activities aim to promote an ethical marketplace and empower individuals with the knowledge required to navigate it effectively.
Official website here: www.bbb.org/greatwestpacific
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Bbb Business And Consumer Foundation has achieved a remarkable 97% rating from Charity Navigator, indicating a high level of accountability and financial health. This score is derived entirely from its accountability and finance beacon, showcasing the organization's commitment to transparency and good governance. The foundation scored full points in several key areas, such as maintaining a 100% independent board and a strong program expense ratio of 93.75%, which reflects its dedication to using the majority of its resources directly for its mission.
Strengths noted in the evaluation include the absence of material diversion of assets, a low liabilities to assets ratio of just 0.14%, and comprehensive policies regarding conflicts of interest, whistleblower protection, and document retention. These aspects contribute to a robust governance framework that supports the foundation's operational integrity. Additionally, the foundation's board meeting minutes are documented, further enhancing its accountability.
While the foundation demonstrates exceptional strengths in governance and financial metrics, the summary does not highlight any specific areas of concern or limitations. Overall, the Bbb Business And Consumer Foundation represents a reliable and well-managed nonprofit organization, making it a trustworthy option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Bbb Business And Consumer Foundation legitimate?
Bbb Business And Consumer Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bbb Business And Consumer 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: $0
For more financial information, click here
Official website here: www.bbb.org/greatwestpacific
What is the mission statement of Bbb Business And Consumer Foundation?
The BBB Business and Consumer Foundation, as a 501(c)3 organization, is committed to its mission of promoting marketplace trust. It achieves this goal by educating both businesses and consumers through various programs, catering to diverse demographics. The foundation is also dedicated to recognizing and rewarding ethically minded high school seniors with the BBB Students of Integrity Scholarship. Additionally, the BBB Business and Consumer Foundation collaborates with organizations such as the Denver Scholarship Foundation, providing financial support for scholarship programs.
Official website here: www.bbb.org/greatwestpacific
Who is the CEO of Bbb Business And Consumer Foundation?
Tyler Andrew is the Ceo of Bbb Business And Consumer Foundation. The CEO's salary of Bbb Business And Consumer Foundation is $0 and their total compensation is $561,245.
Official website here: www.bbb.org/greatwestpacific
What is the revenue of Bbb Business And Consumer Foundation?
Bbb Business And Consumer Foundation's revenue in 2022 was $135,037.
Official website here: www.bbb.org/greatwestpacific
Who are the executives of Bbb Business And Consumer Foundation and what are their salaries?
Here are 19 key members and their salaries (Bbb Business And Consumer Foundation's CEO's salary is $0 and their total compensation is $561,245):
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- Other: $80,144
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Official website here: www.bbb.org/greatwestpacific
Where can I find the form 990 for Bbb Business And Consumer Foundation?
Bbb Business And Consumer Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bbb.org/greatwestpacific
Learn more at the official website: www.bbb.org/greatwestpacific
Mission Statement of Bbb Business And Consumer Foundation
The BBB Business and Consumer Foundation, a 501(c)3 organization, is committed to advancing marketplace trust by educating both businesses and consumers on various marketplace issues. The foundation's mission is to foster an ethical marketplace by providing educational programs that cater to diverse demographics. In their endeavor to promote integrity, the BBB Business and Consumer Foundation awards the BBB Students of Integrity Scholarship to high school seniors who exemplify ethical values. Furthermore, the foundation has partnered with the Denver Scholarship Foundation, contributing funds to support BBB named scholars. By investing in the education and ethics of future leaders, the BBB Business and Consumer Foundation aims to inspire a culture of trust in the marketplace, ultimately benefiting both businesses and consumers.
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Impact
October, 2024
The BBB Business and Consumer Foundation significantly impacts marketplace trust and ethics through its educational programs aimed at both businesses and consumers. By addressing various marketplace issues, the Foundation promotes a culture of integrity and transparency.
One of its key initiatives is the BBB Students of Integrity Scholarship, awarded to high school seniors who exemplify ethical behavior. This not only motivates students to uphold high moral standards but also fosters a new generation that values ethical decision-making in business practices.
Additionally, the Foundation collaborates with the Denver Scholarship Foundation, contributing funds for scholars, thereby supporting the educational journeys of students who demonstrate commitment to ethics. This partnership enhances access to education and encourages a commitment to ethical conduct among young leaders.
Through these efforts, the BBB Business and Consumer Foundation cultivates a sense of responsibility and trust in marketplace interactions, ultimately leading to healthier, more ethical communities.
This information is meant to be a general summary of Bbb Business And Consumer 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: $1,034
- Program Service Revenue: $110
- Gross Receipts: $135,037
Assets and Liabilities:
- Total Assets: $448,977
- Total Liabilities: $665
- Net Assets: $448,312
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHARITY SEAL
Revenue
$110
Organization Details
Founding Year
2001
Phone
(303) 758-2100Principal Officer
Tyler Andrew
Main Address
1120 S Rackham Way Suite 300, Meridian, ID, 83642
Website
www.bbb.org/greatwestpacificNTEE Category
Code: S20 - Community improvement
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