Bbb National Programs INC FY2024 filing

Not tax-deductible

McLean, VA501(c)(6)Since 2018Mutual / membership EIN 83-3302514Revenue $22.2M in FY2024

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.
$2.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2024 · 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
$2.6M
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 $16.7M in investments, Pt X · Ln 11–13
Fine: 1.2 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
$12.4M
39% of total assets
Looks good: liabilities are 39% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 17 voting members
Looks good: 16 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$22.2M
-18% vs prior year
Spent
$21.7M
Net assets
$19.3M
By yearFY2020–FY2025
Revenue
$22.2M
FY2024▼ -18%
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
$21.7M
FY2024▲ +10%
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
$19.3M
FY2024▲ +6%
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 FY2024 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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

25 people listed on the 990; $2.6M paid to officers and key staff.

Part VII, Section A · reportable compensation
Pres & CEO, Ex-Officio
$795,526Pt VII · Sec A
EVP, Policy
$375,488Pt VII · Sec A
CFO/COO/Secretary/Treasurer(nonvoting)
$372,504Pt VII · Sec A
SR. VP, Privacy Initiative
$271,742Pt VII · Sec A
$268,196Pt VII · Sec A
Chief Mktg. & Communication Officer
$265,103Pt VII · Sec A
Chief Human Resources Officer
$236,613Pt 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 · FY2024
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 FY2024 990, line by line.

1The main four
Money inPt VIII
$22.2M
Ln 12
Fees for servicesLn 2g$16.5M
Gifts and grantsLn 1h$4.0M
Investment incomeLn 3$1.6M
Money outPt IX
$21.7M
Ln 25
Owns and owesPt X
$19.3M
net assets · Ln 32
Cash and savingsLn 1–2$2.1M
Total assetsLn 16$31.7M
LiabilitiesLn 26$12.4M
PeoplePt VI, VII
25
listed · VII A
PaidVII A7
Voting boardVI 1a17
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.0M
Fees for servicesLn 2g$16.5M
Investment incomeLn 3$1.6M
Other incomeLn 4–11$91K
Gains on assetsLn 7$1.2M
Total revenueLn 12$22.2M
Assets in detailPt X, end of year
CashLn 1$1.2M
SavingsLn 2$934K
Cash and savings togetherLn 1–2$2.1M
InvestmentsLn 11–13$16.7M
Land, buildings, equipmentLn 10c$1.5M
Other assetsLn 15$9.6M
Total assetsLn 16$31.7M
LiabilitiesLn 26$12.4M
Net assetsLn 32$19.3M
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 FY24End FY24
Cash and savingsLn 1–2$2.1M$2.1M
InvestmentsLn 11–13$16.4M$16.7M
Land, buildings, equipmentLn 10c$1.3M$1.5M
Total assetsLn 16$31.6M$31.7M
LiabilitiesLn 26$13.3M$12.4M
Net assetsLn 32$18.2M$19.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$250K
Pay of current officers, directors and key staffLn 5$1.7M
Other salaries and wagesLn 7$10.0M
Pension plan contributionsLn 8$610K
Other employee benefitsLn 9$910K
Payroll taxesLn 10$865K
Legal feesLn 11b$7K
Accounting feesLn 11c$133K
Investment management feesLn 11f$99K
Other fees for servicesLn 11g$2.4M
Advertising and promotionLn 12$224K
Office expensesLn 13$318K
Information technologyLn 14$1.1M
OccupancyLn 16$1.2M
TravelLn 17$233K
Conferences, conventions and meetingsLn 19$624K
Depreciation, depletion and amortizationLn 22$426K
InsuranceLn 23$163K
Other expenses (24a–d)Ln 24$423K
Total functional expensesLn 25$21.7M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $23.5M$22.4M$1.1M$22.1M 990 PDF
FY2024 Viewing $22.2M$21.7M$479K$19.3M 990 PDF
FY2023 $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 FY2024 990 (6 parts)
Part I · Summary $22,156,283 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,856,368$3,964,286
I-9 Program service revenuePrior year $16,615,810$16,538,144
I-10 Investment incomePrior year $374,536$1,563,324
I-11 Other revenuePrior year $83,716$90,529
I-12 Total revenuePrior year $26,930,430$22,156,283
I-13 Grants and similar amounts paidPrior year $275,000$250,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $12,750,336$14,107,293
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $6,684,993$7,319,576
I-18 Total expensesPrior year $19,710,329$21,676,869
I-19 Revenue less expensesPrior year $7,220,101$479,414
Part VI · Governance 16 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members16
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 $22,156,283 across 9 lines filed
VIII-1b Membership dues$3,445,830
VIII-1f All other contributions, gifts and grants$518,456
VIII-1h Total contributions, gifts and grants$3,964,286
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,646,625 · Unrelated business $5,891,519$16,538,144
VIII-3 Investment incomeExcluded from tax $380,361$380,361
VIII-5 RoyaltiesExcluded from tax $28,964$28,964
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,182,963$1,182,963
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $61,565$61,565
VIII-12 Total revenueRelated to mission $10,646,625 · Unrelated business $5,891,519 · Excluded from tax $1,653,853$22,156,283
Part IX · Statement of functional expenses $21,676,869 across 19 lines filed
IX-1 Grants to domestic organizations$250,000
IX-5 Pay of current officers, directors and key staff$1,680,193
IX-7 Other salaries and wages$10,042,064
IX-8 Pension plan contributions$610,339
IX-9 Other employee benefits$909,869
IX-10 Payroll taxes$864,828
IX-11b Legal fees$7,225
IX-11c Accounting fees$132,735
IX-11f Investment management fees$98,839
IX-11g Other fees for services$2,366,805
IX-12 Advertising and promotion$223,903
IX-13 Office expenses$317,963
IX-14 Information technology$1,067,784
IX-16 Occupancy$1,235,375
IX-17 Travel$232,769
IX-19 Conferences, conventions and meetings$623,790
IX-22 Depreciation, depletion and amortization$426,248
IX-23 Insurance$163,188
IX-24 Other expenses (24a–d)$422,952
IX-25 Total functional expenses$21,676,869
Part X · Balance sheet $31,738,866 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $953,725$1,151,343
X-2 Savings and temporary cash investmentsStart of year $1,143,039$934,493
X-4 Accounts receivableStart of year $1,435,705$1,218,258
X-9 Prepaid expenses and deferred chargesStart of year $434,744$579,853
X-10c Land, buildings and equipment, netStart of year $1,273,629$1,522,419
X-11 Publicly traded securitiesStart of year $16,415,754$16,693,860
X-15 Other assetsStart of year $9,910,874$9,638,640
X-16 Total assetsStart of year $31,567,470$31,738,866
X-17 Accounts payable and accrued expensesStart of year $871,808$858,202
X-19 Deferred revenueStart of year $3,056,361$3,187,126
X-25 Other liabilitiesStart of year $9,401,837$8,371,586
X-26 Total liabilitiesStart of year $13,330,006$12,416,914
X-27 Net assets without donor restrictionsStart of year $18,237,464$19,321,952
X-28 Net assets with donor restrictions$0
X-32 Total net assets or fund balancesStart of year $18,237,464$19,321,952
X-33 Total liabilities and net assetsStart of year $31,567,470$31,738,866
Part XI · Reconciliation of net assets $19,321,952 net assets at year end
XI-1 Total revenue$22,156,283
XI-2 Total expenses$21,676,869
XI-3 Revenue less expenses$479,414
XI-4 Net assets at start of year$18,237,464
XI-5 Net unrealized gains (losses) on investments$605,074
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$19,321,952

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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