Bbb National Programs INC FY2023 filing

Not tax-deductible

McLean, VA501(c)(6)Since 2018Mutual / membership EIN 83-3302514Revenue $26.9M in FY2023

On file with the IRSbbbnp.org1676 International Drive, 22102-4898 · McLean, VATax-exempt since Aug 2020

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To foster trust, innovation, and competition in the marketplace through the development and delivery of effective, third-party self-regulation, dispute resolution, and other Programs.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$2.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $2.1M a year · 10% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$2.4M
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Plus $16.4M in investments, Pt X · Ln 11–13
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$13.3M
42% of total assets
Looks good: liabilities are 42% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 19 voting members
Looks good: 18 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$26.9M
+46% vs prior year
Spent
$19.7M
Net assets
$18.2M
By yearFY2020–FY2025
Revenue
$26.9M
FY2023▲ +46%
Tap a bar for its year
Revenue by fiscal year
FY2020$17.9M
FY2021$17.2M
FY2022$18.4M
FY2023$26.9M
FY2024$22.2M
FY2025$23.5M
Expenses
$19.7M
FY2023▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$15.1M
FY2021$17.1M
FY2022$17.2M
FY2023$19.7M
FY2024$21.7M
FY2025$22.4M
Net assets
$18.2M
FY2023▲ +83%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.4M
FY2021$9.8M
FY2022$10.0M
FY2023$18.2M
FY2024$19.3M
FY2025$22.1M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

28 people listed on the 990; $2.4M paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO, Ex-Officio
$735,000Pt VII · Sec A
EVP, Policy
$353,151Pt VII · Sec A
Secretary/Treasurer(ex Office Nonvoting)
$345,300Pt VII · Sec A
Chief Marketing. & Communication
$258,853Pt VII · Sec A
SVP, Privacy Initiative
$258,818Pt VII · Sec A
$255,441Pt VII · Sec A
Chief Human Resource Officer
$224,111Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Eric D Reicin$750,507$795,526$735,000$650,552$608,366$581,108
Mary Engle$392,348$375,488$353,151$338,584$320,834$279,047
Victoria McCormick$391,762$372,504—$321,584——
Victoria McCormick -CFO COO——$345,300———
Victoria C McCormick————$293,991$265,277
Dona Fraser$292,742$271,742$258,818$249,800$238,018$209,705
Jim Boyle$272,799$265,103————
Amy Steacy$271,433—————

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops and delivers programs for self-regulation, dispute resolution, and market competition.

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2 programs · in their own filed words · FY2023
01

BBB national programs promotes truth-in-advertising through its national advertising division and national advertising review board; provides a watchdog role on the direct selling industry via its direct selling self-regulatory council; helps companies adhere to applicable privacy standards through its various privacy initiatives…

Pt IX · col B
02

BBB national programs operates BBB auto line, one of the largest and highly regarded dispute resolution programs in the united states. BBB auto line helps businesses and consumers resolve automotive warranty, lemon law, class action, and dealer manufacturer disputes in a timely, cost-effective manner that complies with applicable state…

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$10K
Grants paid · 2 grants · $525K · 2023–2024

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$26.9M
Ln 12
Fees for servicesLn 2g$16.6M
Gifts and grantsLn 1h$9.9M
Investment incomeLn 3$375K
Money outPt IX
$19.7M
Ln 25
Owns and owesPt X
$18.2M
net assets · Ln 32
Cash and savingsLn 1–2$2.1M
Total assetsLn 16$31.6M
LiabilitiesLn 26$13.3M
PeoplePt VI, VII
28
listed · VII A
PaidVII A7
Voting boardVI 1a19
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$9.9M
Fees for servicesLn 2g$16.6M
Investment incomeLn 3$375K
Other incomeLn 4–11$84K
Gains on assetsLn 7$64K
Total revenueLn 12$26.9M
Assets in detailPt X, end of year
CashLn 1$954K
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$2.1M
InvestmentsLn 11–13$16.4M
Land, buildings, equipmentLn 10c$1.3M
Other assetsLn 15$9.9M
Total assetsLn 16$31.6M
LiabilitiesLn 26$13.3M
Net assetsLn 32$18.2M
OperationsPt I, VI
EmployeesI 5119
VolunteersI 6116
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$3.9M$2.1M
InvestmentsLn 11–13$7.9M$16.4M
Land, buildings, equipmentLn 10c$443K$1.3M
Total assetsLn 16$19.9M$31.6M
LiabilitiesLn 26$9.9M$13.3M
Net assetsLn 32$10.0M$18.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$275K
Pay of current officers, directors and key staffLn 5$1.5M
Other salaries and wagesLn 7$9.2M
Pension plan contributionsLn 8$466K
Other employee benefitsLn 9$818K
Payroll taxesLn 10$753K
Legal feesLn 11b$54K
Accounting feesLn 11c$129K
Investment management feesLn 11f$74K
Other fees for servicesLn 11g$2.2M
Advertising and promotionLn 12$223K
Office expensesLn 13$472K
Information technologyLn 14$994K
OccupancyLn 16$1.3M
TravelLn 17$275K
Conferences, conventions and meetingsLn 19$325K
Depreciation, depletion and amortizationLn 22$116K
InsuranceLn 23$147K
Other expenses (24a–d)Ln 24$428K
Total functional expensesLn 25$19.7M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $23.5M$22.4M$1.1M$22.1M 990 PDF
FY2024 $22.2M$21.7M$479K$19.3M 990 PDF
FY2023 Viewing $26.9M$19.7M$7.2M$18.2M 990 PDF
FY2022 $18.4M$17.2M$1.2M$10.0M 990 PDF
FY2021 $17.2M$17.1M$84K$9.8M 990 PDF
FY2020 $17.9M$15.1M$2.8M$9.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $26,930,430 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,647,356$9,856,368
I-9 Program service revenuePrior year $14,429,149$16,615,810
I-10 Investment incomePrior year $315,820$374,536
I-11 Other revenuePrior year $41,317$83,716
I-12 Total revenuePrior year $18,433,642$26,930,430
I-13 Grants and similar amounts paidPrior year $0$275,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $11,572,247$12,750,336
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,660,231$6,684,993
I-18 Total expensesPrior year $17,232,478$19,710,329
I-19 Revenue less expensesPrior year $1,201,164$7,220,101
Part VI · Governance 18 of 19 board members independent, no flags
VI-1a Voting members of the governing body19
VI-1b Independent voting members18
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $26,930,430 across 9 lines filed
VIII-1b Membership dues$3,414,205
VIII-1f All other contributions, gifts and grants$6,442,163
VIII-1h Total contributions, gifts and grants$9,856,368
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,104,160 · Unrelated business $5,511,650$16,615,810
VIII-3 Investment incomeExcluded from tax $310,974$310,974
VIII-5 RoyaltiesExcluded from tax $24,509$24,509
VIII-7 Net gain or loss on sales of assetsExcluded from tax $63,562$63,562
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $59,207$59,207
VIII-12 Total revenueRelated to mission $11,104,160 · Unrelated business $5,511,650 · Excluded from tax $458,252$26,930,430
Part IX · Statement of functional expenses $19,710,329 across 19 lines filed
IX-1 Grants to domestic organizations$275,000
IX-5 Pay of current officers, directors and key staff$1,525,259
IX-7 Other salaries and wages$9,188,433
IX-8 Pension plan contributions$466,201
IX-9 Other employee benefits$817,851
IX-10 Payroll taxes$752,592
IX-11b Legal fees$54,195
IX-11c Accounting fees$129,445
IX-11f Investment management fees$74,013
IX-11g Other fees for services$2,186,962
IX-12 Advertising and promotion$222,668
IX-13 Office expenses$472,204
IX-14 Information technology$993,890
IX-16 Occupancy$1,260,134
IX-17 Travel$275,146
IX-19 Conferences, conventions and meetings$325,469
IX-22 Depreciation, depletion and amortization$115,743
IX-23 Insurance$147,475
IX-24 Other expenses (24a–d)$427,649
IX-25 Total functional expenses$19,710,329
Part X · Balance sheet $31,567,470 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $3,032,510$953,725
X-2 Savings and temporary cash investmentsStart of year $875,936$1,143,039
X-4 Accounts receivableStart of year $1,354,924$1,435,705
X-9 Prepaid expenses and deferred chargesStart of year $331,760$434,744
X-10c Land, buildings and equipment, netStart of year $442,750$1,273,629
X-11 Publicly traded securitiesStart of year $7,870,315$16,415,754
X-15 Other assetsStart of year $5,972,053$9,910,874
X-16 Total assetsStart of year $19,880,248$31,567,470
X-17 Accounts payable and accrued expensesStart of year $870,731$871,808
X-19 Deferred revenueStart of year $3,595,622$3,056,361
X-25 Other liabilitiesStart of year $5,463,552$9,401,837
X-26 Total liabilitiesStart of year $9,929,905$13,330,006
X-27 Net assets without donor restrictionsStart of year $8,973,000$18,237,464
X-28 Net assets with donor restrictionsStart of year $977,343$0
X-32 Total net assets or fund balancesStart of year $9,950,343$18,237,464
X-33 Total liabilities and net assetsStart of year $19,880,248$31,567,470
Part XI · Reconciliation of net assets $18,237,464 net assets at year end
XI-1 Total revenue$26,930,430
XI-2 Total expenses$19,710,329
XI-3 Revenue less expenses$7,220,101
XI-4 Net assets at start of year$9,950,343
XI-5 Net unrealized gains (losses) on investments$1,067,020
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$18,237,464

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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