Bbsp INC EIN 84-3982601 Form 990 (PDF) Claim this org

Bbsp INC

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Helps people recovering from addiction through community exercise programs. For fiscal year 2024 it reported $1.1M in revenue, $1.1M in expenses, and $51K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Phoenix, AZ
Website
www.thebarbellsavesproject.org
Filings
4 on file (2021–2024)
Revenue
$1.1MFY2024
Expenses
$1.1M
Net assets
$51K
People
12
Filings
4
Updates
0
More identity details & actions ⌄
EIN  84-3982601 Public charity (501(c)(3)) Phoenix, AZ
Form 990 (PDF)
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Size
$1–10M
What they do
Helps people recovering from addiction through community exercise programs.
Leadership
Robert Best · Chief Executive Officer · $91K
Money in and out
$1.1M revenue, $1.1M expenses
Bottom line
88% program efficiency
Where the money goes · FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$51K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$26K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.09 Fundraising $0.03
Program efficiency
88%
of spending reaches programs▲ +12% vs prior filing year
Operating runway
0.6mo
months of highly liquid reserves at operating expense rate▼ -33% vs prior filing year
Surplus margin
-2%
revenue over expenses, this year▼ -159% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.1M
FY2024▲ +55%
Expenses
$1.1M
FY2024▲ +66%
Total assets
$140K
FY2024▲ +54%
Total liabilities
$89K
FY2024▲ +721%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$51K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$26K
Total assetsPt X · Ln 16$140K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBbsp INC
EINHdr · item D84-3982601
Principal addressHdr · item CPhoenix, AZ
WebsiteHdr · item Jwww.thebarbellsavesproject.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N30)
Ruling yearIRS BMFMay 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
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
Chief Executive Officer
$91,469Pt VII · Sec A
$57,500Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Robert Best’s $91K as Chief Executive Officer is at the 28th percentile of top reported officer pay among 1841 $1–10M recreation & sports 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 · 2 named individuals · Part VII

NameFY2024FY2023
Robert Best$91,469$90,049
Lauren Best$57,500

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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Mission & Programs · Part III

Where the work happens

1 program service account for $972K of program spending, described in the organization's own filed words · FY2024.
01

The organization provides group fitness classes, peer support services, and nutrition education for those recovering from substance abuse. The fitness classes are 60 minute classes that are open and free for those that identify as a person in recovery from Substance Use Disorder.

$972Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$985K · 92%
Program service revenue$89K · 8%
Contributions & grants92%$985K
Program service revenue8%$89K
Other revenue$3K
— government grantsLn 1e$814K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.09 Fundraising $0.03
Program services88%$972K
Management & general9%$103K
Fundraising3%$28K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$58K
Total assetsLn 16$140K
Total liabilitiesLn 26$89K
Total net assetsLn 32$51K
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $58K · Operating expenses/yr $1.1M
0.6 months
Where the money goes
Program services
Program services $972K · Total expenses $1.1M
88%
Management & General
Management & general $103K · Total expenses $1.1M
9%
Fundraising
Fundraising $28K · Total expenses $1.1M
3%
Cost to raise $1
Fundraising expense (2-yr avg) $28K · Solicited contributions (2-yr avg) $158K
$0.18 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $985K · Total revenue $1.1M
92%
Government reliance
Government grants $814K · Total revenue $1.1M
76%
Earned-income share
Program service revenue $89K · Total revenue $1.1M
8%
Investment reliance
Investment income $0 · Total revenue $1.1M
0%
Program self-sufficiency
Program service revenue $89K · Total expenses $1.1M
8%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $693K
+55%
Net-asset trend (YoY)
End of year $51K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $1.1M
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $140K
Net-asset ratio
Net assets $51K · Total assets $140K
37%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $140K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Robert Best · Reported title Chief Executive Officer · Highest reported compensation $91K · Total expenses $1.1M
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $793K · Total expenses $1.1M
72%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 9%
Fundraising cost ratio 3%
Revenue growth 55%
Investment management fee ratio 0%
Legal fee ratio 2%
Accounting fee ratio 0.5%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$18K

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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)$1.1M revenue · viewing · ⤓ 990 PDF
FY2023$693K revenue · ⤓ 990 PDF
FY2022$473K revenue · ⤓ 990 PDF
FY2021$192K 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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