2023-05-10T16:08:19-05:00 2022-07-31 420714325 RSM US LLP 1250 H STREET SUITE 700 WASHINGTON DC 20005 990 2021-08-01 237157445 FUTURE BUSINESS LEADERS OF AMERICA INC FUTU 7038601839 12100 SUNSET HILLS ROAD 200 RESTON VA 20190 ALEXANDER T GRAHAM PRESIDENT & CEO 7038601839 2023-05-10 1 ALEXANDER GRAHAM XXX-XX-XXXX ELIZABETH W HELLER P00397829 2022932200 2023-05-10 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X RYAN PAUL 12100 SUNSET HILLS ROAD 200 RESTON VA 20190 10036402 0 X WWW.FBLA-PBL.ORG X 1969 DC INSPIRES AND PREPARES STUDENTS TO BECOME COMMUNITY-MINDED BUSINESS LEADERS IN A GLOBAL SOCIETY THROUGH RELEVANT CAREER PREPARATION AND LEADERSHIP EXPERIENCES. 14 14 22 510 20100 0 22925 465376 396336 5103210 133664 3625685 30649 169275 583574 9363546 0 189797 0 0 177656 1702758 0 0 335947 424449 6385211 602105 8277766 -18531 1085780 10435182 12546685 651986 2478596 9783196 10068089 X FUTURE BUSINESS LEADERS OF AMERICA-PHI BETA LAMBDA (FBLA-PBL) INSPIRES AND PREPARES STUDENTS TO BECOME COMMUNITY-MINDED BUSINESS LEADERS IN A GLOBAL SOCIETY THROUGH RELEVANT CAREER PREPARATION AND LEADERSHIP EXPERIENCES. EACH YEAR, FBLA-PBL HELPS OVER 160,000 STUDENTS IN MIDDLE SCHOOL, HIGH SCHOOL, AND IN COLLEGES AND UNIVERSITIES PREPARE FOR CAREERS IN BUSINESS THROUGH ACADEMIC COMPETITIONS, COMMUNITY SERVICE, EDUCATION PROGRAMS, AND LEADERSHIP DEVELOPMENT. 0 0 4080654 4068878 CONFERENCES: FBLA'S NATIONAL CONFERENCES HELP STUDENTS PREPARE FOR CAREERS IN BUSINESS BY FOCUSING ON ACADEMIC COMPETITIONS (COMPETITIVE EVENTS PROGAM) AND LEADERSHIP DEVELOPMENT. FROM JUNE 21 - JULY 3, 2022, FBLA HOSTED OUR NATIONAL LEADERSHIP CONFERENCE IN CHICAGO, IL FOR THREE STUDENT-MEMBER DIVISIONS. THE REGISTRATION WAS 12,746 ATTENDEES. AT THIS CONFERENCE, ATTENDEES WERE ABLE TO PARTICIPATE IN MORE THAN 92 WORKSHOPS, LEARN FROM KEYNOTE SPEAKERS, AND ENGAGE WITH OTHER ATTENDEES. 1247520 189797 AWARDS:THE FBLA COMPETITIVE EVENTS PROGRAM RECOGNIZES AND REWARDS EXCELLENCE IN A BROAD RANGE OF BUSINESS AND CAREER-RELATED AREAS. AT THE 2022 NATIONAL LEADERSHIP CONFERENCE, 673 MIDDLE SCHOOL, 7,887 HIGH SCHOOL AND 547 COLLEGIATE COMPETITORS COMPETED IN EVENTS YIELDING MORE THAN $187,000 IN CASH AWARDS. 1207084 1014232 MEMBERSHIP: FBLA IS THE LARGEST CAREER BUSINESS STUDENT ORGANIZATION IN THE WORLD REPRESENTING MIDDLE SCHOOL, HIGH SCHOOL, AND COLLEGE. MEMBERS CONTRIBUTE TO THEIR COMMUNITIES AND SCHOOLS WHILE MAXIMIZING THEIR OWN POTENTIAL. IN 2021 - 2022 THERE WAS A COMBINED TOTAL OF 160,256 MEMBERS IN THE THREE DIVISIONS AND A TOTAL OF 5,387 ACTIVE CHAPTERS. 155515 NATIONAL OFFICERS 74752 20100 PUBLICATIONS 230267 20100 6765525 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 22 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X ROBERT HOLST 7038601839 12100 SUNSET HILLS ROAD 200 RESTON VA 20190 RYAN PAUL CHAIR 5.00 X X 0 0 0 CHRIS DZURICK CHAIR ELECT 1.00 X X 0 0 0 ROBERT J KOLLAR TREASURER 1.00 X X 0 0 0 ERIN SHERMAN SECRETARY 1.00 X X 0 0 0 JAYA SINGH FBLA NATIONAL PRESIDENT 1.00 X 0 0 0 ANDRE DAVIS PBL NATIONAL PRESIDENT 1.00 X 0 0 0 SUSAN SEUFERER DIRECTOR 1.00 X 0 0 0 KRISTEN DI STEFANO DIRECTOR 1.00 X 0 0 0 BRANDON GRIFFIN DIRECTOR 1.00 X 0 0 0 DAN HAZELETT DIRECTOR 1.00 X 0 0 0 WENDY MILLS DIRECTOR 1.00 X 0 0 0 JEN STALEY DIRECTOR 1.00 X 0 0 0 EDWARD WILKINS DIRECTOR 1.00 X 0 0 0 SAMEER SOMAL DIRECTOR 1.00 X 0 0 0 ALEXANDER T GRAHAM PRESIDENT & CEO 40.00 X 313949 0 46342 CARLA BOULTON DIRECTOR OF EDUCATION 40.00 X 109347 0 18668 GABRIELLE GALLAGHER DIRECTOR OF COMM (TO 3/30/22) 40.00 X 117608 0 7791 DOREEN MUGURE DIRECTOR OF FINANCE (TO 9/30/21) 40.00 X 102505 0 13511 KELLY SCHOLL DIRECTOR OF AWARDS 40.00 X 111748 0 23235 755157 0 109547 5 0 1 0 FACTOR 110 3421 N WALNUT AVE OKLAHOMA CITY OK 73105 EVENT PRODUCTION 944936 TRANSPORATION MANAGMENT SERVICES 5 SOUTH MARKET STREET FLOOR 3 FEDERICK MD 21701 NLC TRANSPORTATION SERVICES 687350 FREEMAN DECORATING COMPANY 1600 VICEROY SUITE 100 DALLAS TX 75235 EVENT SHOW MANAGEMENT 545079 HIGHER LOGIC LLC LOCATION 111 PO BOX 645579 PITTSBURGH PA 152645253 IT SOFTWARE SERVICES 241499 DELCOR TECHNOLOGY SOLUTIONS INC 8380 COLESVILLE RD 550 SILVER SPRING MD 20910 IT SERVICES 209764 5 202444 262932 465376 CONFERENCES 900099 3622312 3622312 MEMBERSHIP DUES 900099 1014232 1014232 COMMISSIONS 900099 446566 446566 ADVERTISING 541800 20100 20100 5103210 164333 164333 23786 23786 9208 4125000 0 672856 9208 3452144 3461352 3461352 MISCELLANEOUS 900099 145489 145489 145489 9363546 5083110 20100 3794960 X 2500 2500 187297 187297 362602 272866 67325 22411 1036512 779996 192452 64064 63605 47864 11810 3931 141483 106469 26269 8745 98556 74165 18299 6092 52174 52174 239715 239715 27763 27763 2535884 2155230 268463 112191 37773 33792 3174 807 673250 609291 45949 18010 571638 533030 28632 9976 19749 17668 1659 422 1119697 1017027 100160 2510 991079 873952 29475 87652 40420 30416 7506 2498 53310 21895 31415 MISCELLANEOUS 22759 2067 24054 -3362 8277766 6765525 1176294 335947 66749 10933817 172832 176314 17189 758633 203720 297940 338955 338955 713276 0 9144456 231320 116960 148661 10435182 12546685 402647 2428604 7000 0 202444 39895 49992 651986 2478596 X 9302499 9614735 480697 453354 9783196 10068089 10435182 12546685 1085780 -800887 0 X X 0 1 X 1 0 X 1909896 1656857 1242275 100976 1479608 6389612 2935739 3067833 558034 317285 4068878 10947769 4845635 4724690 1800309 418261 5548486 17337381 0 0 0 17337381 302017 306887 202485 7285 188119 1006793 302017 306887 202485 7285 188119 1006793 14491 1319775 29128 145489 1508883 5147652 5046068 3322569 454674 5882094 19853057 0.87330 0.87290 0.05070 0.05650 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INCOME FROM ACTIVITIES NOT REGULARLY CARRIED ON - 2018 AMOUNT: $ 14,491. 2019 AMOUNT: $ 1,319,775. 2020 AMOUNT: $ 29,128. 2021 AMOUNT: $ 145,489. SCHEDULE A, PART III DURING 2021, FBLA-PBL CHANGED ITS FISCAL YEAR-END FROM JUNE 30 TO JULY 31. AS A RESULT, THE 2020 COLUMN REPRESENTS THE SHORT TAX YEAR ENDED JULY 31, 2021. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 77065 X 0 214370 0 -24751 0 0 0 189619 223118 2152 10900 214370 196244 57674 30800 223118 234722 7123 45601 196244 225575 9147 234722 0.00000 0.45840 0.54160 0 0 338955 338955 0 0 DEFERRED COMPENSATION 49992 49992 8534896 -800887 -800887 9335783 27763 27763 9363546 8250003 0 8250003 27763 27763 8277766 PART III, LINE 4: THE ORGANIZATION RECEIVED A DONATION OF APPROXIMATELY THREE DOZEN COLLECTIBLE FIGURINES REPRESENTING STATE BIRDS OR OTHER ANIMALS IN 1991. THESE ARE ON DISPLAY IN THE ORGANIZATION'S HEADQUARTERS. THEY DO NOT FURTHER THE ORGANIZATION'S EXEMPT PURPOSE. PART V, LINE 4: PROVIDE INSTRUCTION ON THE IMPORTANCE OF INVESTING TO ACHIEVE FINANCIAL INDEPENDENCE, NURTURE STAFF DEVELOPMENT, FUNDRAISING, OR FUND A FELLOWSHIP PROGRAM. 1 SCHOLARSHIPS & AWARDS 725 187297 PART I, LINE 2: THE ORGANIZATION MAKES SCHOLARSHIPS AND AWARD PAYMENTS DIRECTLY TO STUDENTS AND FBLA CHAPTERS IN THE UNITED STATES. X 0 0 0 0 0 0 0 0 0 ALEXANDER T GRAHAM PRESIDENT & CEO 298433 0 15000 0 516 0 39666 0 8988 0 362603 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION APPROVED CHANGES TO ITS BY-LAWS ON JUNE 27, 2021. ARTICLES III AND VI WERE AMENDED TO INCLUDE REFERENCES TO MEMBERS AND OFFICERS "IN A POST-SECONDARY PROGRAM AND DELETE REFERENCES TO BUSINESS OR BUSINESS RELATED FIELDS OR EDUCATION. IN ADDITION, ARTICLE VIII WAS AMENDED TO ADD VIRTUAL STATE CHAPTER. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF FBLA ARE MIDDLE SCHOOL, HIGH SCHOOL AND COLLEGE STUDENTS, AND ALUMNI PROFESSIONAL MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE STUDENT MEMBERS OF FBLA ELECT THE STUDENT REPRESENTATIVES OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS INITIALLY REVIEWED BY THE FINANCE TEAM, THE PRESIDENT & CEO, AND THE TREASURER. AFTER THE INITIAL REVIEW IS COMPLETED, A COMPLETE DRAFT OF THE 990 IS PRESENTED TO THE FULL BOARD FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ACKNOWLEDGEMENT AND DISCLOSURE FORMS ARE SIGNED ANNUALLY BY THE BOARD OF DIRECTORS AND NATIONAL HEADQUARTERS STAFF. IF CONFLICTS OF INTEREST ARE IDENTIFIED THROUGHOUT THE YEAR, IT IS THE RESPONSIBILITY OF THE INDIVIDUAL WITH THE REAL OR PERCEIVED CONFLICT TO DISCLOSE THE CONFLICT TO HIS/HER SUPERVISOR OR TO THE BOARD CHAIR. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY THE PRESIDENT & CEO PROVIDES IN WRITING TO THE EXECUTIVE COMMITTEE AND IN PRESENTATION TO THE FULL BOARD OF DIRECTORS A SUMMARY OF ACHIEVEMENTS FOR THE PAST YEAR AND OVERALL MANAGEMENT AND STEWARDSHIP OF THE ASSOCIATION. THESE ARE ORGANIZED BY THE ORGANIZATION'S FOUR GOAL AREAS AND STRATEGIC OBJECTIVES APPROVED BY THE BOARD (E.G: CUSTOMER SERVICE, RELATIONSHIPS, IMAGE AND AWARENESS, RESOURCES). THE EXECUTIVE COMMITTEE MEETS IN EXECUTIVE SESSION TO REVIEW THE CEO'S PERFORMANCE AND DETERMINE ANY COMPENSATION CHANGES TO BE RECOMMENDED TO THE FULL BOARD FOR APPROVAL. ANY COMPENSATION CHANGES ARE BASED ON A RECENT COMPARISON TO LIKE ORGANIZATION CEO PAY SCALES (RETRIEVED FROM GUIDESTAR'S 990 DATABANK) ANNUAL PERFORMANCE, AND OVERALL LENGTH OF SERVICE PERFORMANCE. ANY DELIBERATION AND DECISION(S) ARE DOCUMENTED BY THE EXECUTIVE COMMITTEE CHAIR IN THE FORM OF A RECOMMENDATION TO THE FULL BOARD OF DIRECTORS. THE FINAL RECOMMENDATION(S) OF THE EXECUTIVE COMMITTEE ARE THEN VOTED ON BY THE FULL BOARD OF DIRECTORS WHICH IS DOCUMENTED IN A PAYROLL CHANGE MEMO AND SIGNED BY AN OFFICER, IN ADDITION TO THE MINUTES OF THE EXECUTIVE SESSION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS AND CONTRACTORS: PROGRAM SERVICE EXPENSES 2,155,230. MANAGEMENT AND GENERAL EXPENSES 268,463. FUNDRAISING EXPENSES 112,191. TOTAL EXPENSES 2,535,884. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FROM THE PRIOR YEAR.