Billion Dollar Roundtable INC EIN 27-0104930

Billion Dollar Roundtable INC

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Connects major corporations with diverse suppliers to boost their purchasing. For fiscal year 2024 it reported $1.3M in revenue, $385K in expenses, and $2.5M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Spanish Fort, AL
Website
www.billiondollarroundtable.org
Filings
5 on file (2020–2024)
Revenue
$1.3MFY2024
Expenses
$385K
Net assets
$2.5M
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-0104930 Public charity (501(c)(3)) Spanish Fort, AL
Form 990 (PDF)
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Size
$1–10M
What they do
Connects major corporations with diverse suppliers to boost their purchasing.
Leadership
Sharon Patterson · President/Ce · $89K
Money in and out
$1.3M revenue, $385K expenses
Bottom line
82% program efficiency
Where the money goes · FY2024
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$385K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $888K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.18
Program efficiency
82%
of spending reaches programs▼ -11% vs prior filing year
Operating runway
76.2mo
months of highly liquid reserves at operating expense rate▲ +248% vs prior filing year
Surplus margin
+70%
revenue over expenses, this year▲ +151% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.3M
FY2024▲ +3%
Expenses
$385K
FY2024▼ -57%
Total assets
$2.5M
FY2024▲ +49%
Total liabilities
$22K
FY2024▼ -72%
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$385K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$888K
Total assetsPt X · Ln 16$2.5M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $317K of program spending, described in the organization's own filed words · FY2024.
01

Advancing supplier engagement by sharing proven practices through conferences and virtual programs. Billion dollar roundtable (BDR) hosts an annual summit to explore key topics in supplier engagement, development and inclusion.

$278Kprogram expense
02

Recognizing corporations that achieve significant investment with qualifying suppliers and promoting continued growth. In 2024, the billion dollar roundtable (BDR) had 45 member corporations.

$35Kprogram expense
03

Writing policy papers and reports to highlight current trends and best practices for achieving supply chain inclusion. A resource book on best practices for supplier inclusion issues is available to assist companies in developing their own initiatives.

$4Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBillion Dollar Roundtable INC
EINHdr · item D27-0104930
Principal addressHdr · item CSpanish Fort, AL
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFJul 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/Ce
$89,250Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Sharon Patterson’s $89K as President/Ce is at the 24th percentile of top reported officer pay among 3392 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sharon Patterson$89,250$85,000$80,000$78,000$78,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$1.3M · 98%
Investment income$21K · 2%
Contributions & grants98%$1.3M
Investment income2%$21K
Other revenue$653
Total revenueLn 12$1.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$317K
Management & general18%$68K
Total functional expensesLn 25$385K

Balance Sheet

Part X · end of year
CashLn 1$2.4M
Total assetsLn 16$2.5M
Total liabilitiesLn 26$22K
Total net assetsLn 32$2.5M
Months of cash on handcomputed76.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.4M · Operating expenses/yr $385K
76.2 months
Where the money goes
Program services
Program services $317K · Total expenses $385K
82%
Management & General
Management & general $68K · Total expenses $385K
18%
Fundraising
Fundraising $0 · Total expenses $385K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $1.1M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.3M · Total revenue $1.3M
98%
Government reliance
Government grants — · Total revenue $1.3M
Earned-income share
Program service revenue $0 · Total revenue $1.3M
0%
Investment reliance
Investment income $21K · Total revenue $1.3M
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $385K
0%
Growth & trend
Revenue growth (YoY)
This year $1.3M · Prior year $1.2M
+3%
Revenue CAGR
FY2020 $312K · FY2024 $1.3M
+42%
Net-asset trend (YoY)
End of year $2.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.3M · Expenses $385K
+70%
Liabilities-to-Assets
Total liabilities — · Total assets $2.5M
Net-asset ratio
Net assets $2.5M · Total assets $2.5M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sharon Patterson · Reported title PRESIDENT/CE · Highest reported compensation $89K · Total expenses $385K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $96K · Total expenses $385K
25%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 18%
Fundraising cost ratio 0%
Revenue growth 3%
Accounting fee ratio 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.3M revenue · viewing · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$767K revenue · ⤓ 990 PDF
FY2021$430K revenue · ⤓ 990 PDF
FY2020$312K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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