FUTURE BUSINESS LEADERS OF AMERICA- INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
FUTURE BUSINESS LEADERS OF AMERICA- INC (EIN 23-7157445)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-05-13
IRS object ID
202201339349301740
Schema version
2020v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-13T08:10:03-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12021 L STREET NW SUITE 400AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237157445EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FUTURE BUSINESS LEADERS OF AMERICABusinessNameLine1Txt
Business Name Line2- PHI BETA LAMBDA INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFUTUBusinessNameControlTxt
Phone7038603334PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11912 ASSOCIATION DRIVEAddressLine1Txt
CityRESTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP201911502ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALEXANDER T GRAHAMPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone7038603334PhoneNum
Signature2022-05-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstALEXANDERPersonFirstNm
Person LastGRAHAMPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonELIZABETH W HELLERPreparerPersonNm
PTINP00397829PTIN
Phone2022932200PhoneNum
Preparation2022-05-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSUSAN SEUFERERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11912 ASSOCIATION DRIVEAddressLine1Txt
CityRESTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP201911502ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,913,316GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FBLA-PBL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1969FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionINSPIRES AND PREPARES STUDENTS TO BECOME COMMUNITY-MINDED BUSINESS LEADERS IN A GLOBAL SOCIETY THROUGH RELEVANT CAREER PREPARATION AND LEADERSHIP EXPERIENCES.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee18TotalEmployeeCnt
Total Volunteers432TotalVolunteersCnt
Total Gross UBI$1,000TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$368,724PYContributionsGrantsAmt
CY Contributions Grants$470,226CYContributionsGrantsAmt
PY Program Service Revenue$4,364,769PYProgramServiceRevenueAmt
CY Program Service Revenue$1,331,083CYProgramServiceRevenueAmt
PY Investment Income$256,569PYInvestmentIncomeAmt
CY Investment Income$774,576CYInvestmentIncomeAmt
PY Other Revenue$74,987PYOtherRevenueAmt
CY Other Revenue$1,363,756CYOtherRevenueAmt
PY Total Revenue$5,065,049PYTotalRevenueAmt
CY Total Revenue$3,939,641CYTotalRevenueAmt
PY Grants And Similar Paid$291,548PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$280,465CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,665,333PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,685,027CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$142,100CYTotalFundraisingExpenseAmt
PY Other Expenses$3,856,331PYOtherExpensesAmt
CY Other Expenses$2,197,095CYOtherExpensesAmt
PY Total Expenses$5,813,212PYTotalExpensesAmt
CY Total Expenses$4,162,587CYTotalExpensesAmt
PY Revenues Less Expenses-$748,163PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$222,946CYRevenuesLessExpensesAmt
Total Assets BOY$11,327,997TotalAssetsBOYAmt
Total Assets EOY$10,851,342TotalAssetsEOYAmt
Total Liabilities BOY$1,682,575TotalLiabilitiesBOYAmt
Total Liabilities EOY$956,636TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,645,422NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,894,706NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionFUTURE 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 200,000 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,007,286ExpenseAmt
Revenue$558,034RevenueAmt
DescCONFERENCES: FBLA-PBL'S NATIONAL CONFERENCES HELP STUDENTS PREPARE FOR CAREERS IN BUSINESS BY FOCUSING ON ACADEMIC COMPETITIONS (NATIONAL AWARDS PROGRAM) AND LEADERSHIP DEVELOPMENT. IN THE FALL OF 2020, THE PANDEMIC IMPACTED FBLA-PBL'S DELIVERY OF CONFERENCES TO MEMBERS, BUT THE ORGANIZATION WAS ABLE TO HOST AN ONLINE NATIONAL LEADERSHIP CONFERENCE IN JUNE 2021 AND THROUGH JULY 2, 2021 FOR THE THREE STUDENT-MEMBER DIVISIONS. THE REGISTRATION WAS 12,085, EXCEEDING THE 2020 NATIONAL LEADERSHIP EXPERIENCE THE PREVIOUS YEAR BY NEARLY 1000 ATTENDEES. AT THIS ONLINE CONFERENCE, ATTENDEES WERE ABLE TO PARTICIPATE IN MORE THAN 50 WORKSHOPS, LEARN FROM KEYNOTE SPEAKERS, AND ENGAGE WITH OTHER ATTENDEES VIA THE CONFERENCE APP.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$911,195ExpenseAmt
Revenue$772,049RevenueAmt
DescMEMBERSHIP:FBLA-PBL IS THE LARGEST CAREER STUDENT BUSINESS ORGANIZATION IN THE WORLD. REPRESENTING MIDDLE SCHOOL, HIGH SCHOOL, AND COLLEGE, MEMBERS CONTRIBUTE TO THEIR COMMUNITIES AND SCHOOLS WHILE MAXIMIZING THEIR OWN POTENTIAL. IN 2020-21 THERE WAS A COMBINED TOTAL OF 114,241 MEMBERS IN THE THREE DIVISIONS AND A TOTAL OF 4,729 ACTIVE CHAPTERS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$908,662ExpenseAmt
Grant$280,465GrantAmt
DescAWARDS:THE FBLA-PBL NATIONAL AWARDS PROGRAM, ALSO KNOWN AS COMPETITIVE EVENTS, RECOGNIZES AND REWARDS EXCELLENCE IN A BROAD RANGE OF BUSINESS AND CAREER-RELATED AREAS. AT THE 2021 NATIONAL LEADERSHIP CONFERENCE EVENT, 7,822 HIGH SCHOOL AND 1,152 COLLEGIATE COMPETITORS COMPETED IN EVENTS YIELDING MORE THAN $110,000 IN CASH AWARDS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtDescDescRevenueRevenueAmt
$215,011NATIONAL OFFICERS
$139,455PUBLICATIONS$1,000
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$354,466TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$1,000TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$3,181,609TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document29IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee18EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARY AITBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7038603334PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11912 ASSOCIATION DRIVEAddressLine1Txt
CityRESTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP201911502ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
RONALD W PIERCE
PAST CHAIR (TO 4/21)5.00Yes (X)Yes (X)$0$0$0
SUSAN SEUFERER
CHAIR (AS OF 8/20)5.00Yes (X)Yes (X)$0$0$0
RYAN PAUL
CHAIR-ELECT1.00Yes (X)Yes (X)$0$0$0
ROBERT J KOLLAR
TREASURER1.00Yes (X)Yes (X)$0$0$0
KRISTEN DI STEFANO
SECRETARY1.00Yes (X)Yes (X)$0$0$0
TRAVIS JOHNSON
FBLA NATIONAL PRESIDENT (TO 7/20)1.00Yes (X)$0$0$0
DREW LOJEWSKY
FBLA NATIONAL PRESIDENT (AS OF 8/20)1.00Yes (X)$0$0$0
MAX MICHEL
PBL NATIONAL PRESIDENT (TO 7/20)1.00Yes (X)$0$0$0
ELLIE MURPHY
PBL NATIONAL PRESIDENT (AS OF 8/20)1.00Yes (X)$0$0$0
ALAN RZEPKOWSKI
PD NATIONAL PRESIDENT1.00Yes (X)$0$0$0
CHRIS DZURICK
DIRECTOR1.00Yes (X)$0$0$0
DAN HAZLETT
DIRECTOR1.00Yes (X)$0$0$0
DAVID E JONES
DIRECTOR1.00Yes (X)$0$0$0
BRENDA MERKEL
DIRECTOR1.00Yes (X)$0$0$0
PETER RUSTEMEYER
DIRECTOR1.00Yes (X)$0$0$0
JILL JOHNSON
DIRECTOR1.00Yes (X)$0$0$0
BRANDON GRIFFIN
DIRECTOR1.00Yes (X)$0$0$0
ERIN SHERMAN
DIRECTOR1.00Yes (X)$0$0$0
ALEXANDER T GRAHAM
PRESIDENT & CEO40.00Yes (X)$314,076$0$20,296
GABRIELLE S GALLAGHER
DIRECTOR, EDUCATION PROGRAMS40.00$101,696$0$7,137Yes (X)
KELLY SCHOLL
DIRECTOR, EDUCATION40.00$108,493$0$20,654Yes (X)
JEAN M BUCKLEY
FORMER PRESIDENT & CEO0.00$942,173$0$26,590Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,466,438TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$74,677TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
O'CONNOR CONSULTING SERVICES LLC
4770 HOWARD PLACECHESAPEAKE BEACHMD20732CONSULTING SERVICES$225,052
HIGHER LOGIC LLC
LOCATION 111 PO BOX 645579PITTSBURGHPA152645253IT SOFTWARE SERVICES$174,542
DELCOR TECHNOLOGY SOLUTIONS INC
8380 COLESVILLE RD 550SILVER SPRINGMD20910IT SERVICES$173,867
STRIVE3
11921 FREEDOM DRIVE SUITE 550RESTONVA20190VIDEO PRODUCTION$146,274
EDGE PRODUCTIONS
5601 HUETTNER DRIVENORMANOK73069ONLINE EVENT PRODUCTION$128,435
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
All Other Contributions$470,226AllOtherContributionsAmt
Total Contributions$470,226TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MEMBERSHIP DUES900099$772,049$772,049
CONFERENCES900099$547,550$547,550
COMMISSIONS900099$10,484$10,484
ADVERTISING541800$1,000$1,000
FieldValueIRS element (for citing)
Total Program Service Revenue$1,331,083TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$158,504TotalRevenueColumnAmt
Exclusion$158,504ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$43,981TotalRevenueColumnAmt
Exclusion$43,981ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$4,589,747SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,973,675SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$616,072SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$616,072TotalRevenueColumnAmt
Exclusion$616,072ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
EVENT CANCELLATION INSURANCE PROC900099$1,202,775$1,202,775
EMPLOYEE RETENTION TAX CREDIT900099$65,355$65,355
MISCELLANEOUS900099$48,725$48,725

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,920TotalRevenueColumnAmt
Exclusion$2,920ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,319,775OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,939,641TotalRevenueColumnAmt
Related Or Exempt Func Income$1,330,083RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,000UnrelatedBusinessRevenueAmt
Exclusion$2,138,332ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$280,465TotalAmt
Program Services$280,465ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$396,483TotalAmt
Program Services$284,120ProgramServicesAmt
Management And General$84,609ManagementAndGeneralAmt
Fundraising$27,754FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$887,945TotalAmt
Program Services$636,281ProgramServicesAmt
Management And General$189,408ManagementAndGeneralAmt
Fundraising$62,256FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$151,394TotalAmt
Program Services$108,489ProgramServicesAmt
Management And General$32,307ManagementAndGeneralAmt
Fundraising$10,598FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$148,906TotalAmt
Program Services$106,706ProgramServicesAmt
Management And General$31,777ManagementAndGeneralAmt
Fundraising$10,423FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$100,299TotalAmt
Program Services$71,874ProgramServicesAmt
Management And General$21,404ManagementAndGeneralAmt
Fundraising$7,021FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$75,711TotalAmt
Program Services$32,589ProgramServicesAmt
Management And General$42,822ManagementAndGeneralAmt
Fundraising$300FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$40,913TotalAmt
Management And General$40,913ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$19,970TotalAmt
Management And General$19,970ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$881,050TotalAmt
Program Services$684,589ProgramServicesAmt
Management And General$196,461ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$913TotalAmt
Management And General$913ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$750,663TotalAmt
Program Services$675,682ProgramServicesAmt
Management And General$61,840ManagementAndGeneralAmt
Fundraising$13,141FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$72,935TotalAmt
Program Services$53,071ProgramServicesAmt
Management And General$14,954ManagementAndGeneralAmt
Fundraising$4,910FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$103,871TotalAmt
Program Services$70,614ProgramServicesAmt
Management And General$33,203ManagementAndGeneralAmt
Fundraising$54FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$6,655TotalAmt
Program Services$6,480ProgramServicesAmt
Management And General$175ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$58,871TotalAmt
Program Services$46,537ProgramServicesAmt
Management And General$9,285ManagementAndGeneralAmt
Fundraising$3,049FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$50,927TotalAmt
Program Services$2,286ProgramServicesAmt
Management And General$48,641ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$134,616TotalAmt
Program Services$121,826ProgramServicesAmt
Management And General$10,196ManagementAndGeneralAmt
Fundraising$2,594FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,162,587TotalAmt
Program Services$3,181,609ProgramServicesAmt
Management And General$838,878ManagementAndGeneralAmt
Fundraising$142,100FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,324,696BOYAmt
EOY$165,167EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$781,401BOYAmt
EOY$172,832EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$24,614BOYAmt
EOY$4,862EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$423,972BOYAmt
EOY$255,252EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,343,542LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,596,491LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$714,913BOYAmt
EOY$747,051EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,461,111BOYAmt
EOY$9,406,717EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$597,290BOYAmt
EOY$99,461EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,327,997BOYAmt
EOY$10,851,342EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$257,517BOYAmt
EOY$316,605EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$904,833BOYAmt
EOY$415,192EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$202,444EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$520,225BOYAmt
EOY$22,395EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,682,575BOYAmt
EOY$956,636EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,249,909BOYAmt
EOY$9,409,362EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$395,513BOYAmt
EOY$485,344EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,645,422BOYAmt
EOY$9,894,706EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,327,997BOYAmt
EOY$10,851,342EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$222,946ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$38,052NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$434,178PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,981,681CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,997,650CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,909,896CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,656,857CurrentTaxYearMinus1YearAmt
Current Tax Year$1,242,275CurrentTaxYearAmt
Total$8,788,359TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,875,047CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,076,616CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,935,739CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,067,833CurrentTaxYearMinus1YearAmt
Current Tax Year$558,034CurrentTaxYearAmt
Total$12,513,269TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,856,728CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,074,266CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,845,635CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,724,690CurrentTaxYearMinus1YearAmt
Current Tax Year$1,800,309CurrentTaxYearAmt
Total$21,301,628TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$21,301,628PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$201,695CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$273,277CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$302,017CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$306,887CurrentTaxYearMinus1YearAmt
Current Tax Year$202,485CurrentTaxYearAmt
Total$1,286,361TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$201,695CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$273,277CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$302,017CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$306,887CurrentTaxYearMinus1YearAmt
Current Tax Year$202,485CurrentTaxYearAmt
Total$1,286,361TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$14,491CurrentTaxYearMinus1YearAmt
Current Tax Year$1,319,775CurrentTaxYearAmt
Total$1,334,266TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,058,423CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,347,543CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,147,652CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,046,068CurrentTaxYearMinus1YearAmt
Current Tax Year$3,322,569CurrentTaxYearAmt
Total$23,922,255TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.89050PublicSupportCY509Pct
Public Support PY5090.94900PublicSupportPY509Pct
Investment Income CY0.05380InvestmentIncomeCYPct
Investment Income PY0.05040InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationINCOME FROM ACTIVITIES NOT REGULARLY CARRIED ON - 2019 AMOUNT: $ 14,491. 2020 AMOUNT: $ 1,319,775.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$77,065AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$196,244BeginningYearBalanceAmt
Investment Earnings Or Losses$57,674InvestmentEarningsOrLossesAmt
Administrative Expenses$30,800AdministrativeExpensesAmt
End Year Balance$223,118EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$234,722BeginningYearBalanceAmt
Investment Earnings Or Losses$7,123InvestmentEarningsOrLossesAmt
Other Expenditures$45,601OtherExpendituresAmt
End Year Balance$196,244EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$225,575BeginningYearBalanceAmt
Investment Earnings Or Losses$9,147InvestmentEarningsOrLossesAmt
End Year Balance$234,722EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$165,423BeginningYearBalanceAmt
Contributions$45,600ContributionsAmt
Investment Earnings Or Losses$14,552InvestmentEarningsOrLossesAmt
End Year Balance$225,575EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$146,072BeginningYearBalanceAmt
Investment Earnings Or Losses$19,351InvestmentEarningsOrLossesAmt
End Year Balance$165,423EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.59000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.41000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$195,385OtherCostOrOtherBasisAmt
Book Value$195,385BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,763,751OtherCostOrOtherBasisAmt
Depreciation$1,242,186DepreciationAmt
Book Value$521,565BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$338,955OtherCostOrOtherBasisAmt
Depreciation$338,955DepreciationAmt
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$45,451OtherCostOrOtherBasisAmt
Depreciation$15,350DepreciationAmt
Book Value$30,101BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$747,051TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED COMPENSATIONDesc
Amt$22,395Amt
FieldValueIRS element (for citing)
Total Liability$22,395TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS & AWARDSGrantTypeTxt
Recipient1206RecipientCnt
Cash Grant$280,465CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION MAKES SCHOLARSHIPS AND AWARD PAYMENTS DIRECTLY TO STUDENTS AND FBLA CHAPTERS IN THE UNITED STATES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JEAN M BUCKLEY
FORMER PRESIDENT & CEO$0$0$0$0$942,173$0$26,590$0$0$0$968,763$0$578,554$0
ALEXANDER T GRAHAM
PRESIDENT & CEO$293,800$0$20,000$0$276$0$20,271$0$25$0$334,372$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4THE 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 6THE MEMBERS OF FBLA-PBL ARE MIDDLE SCHOOL, HIGH SCHOOL AND COLLEGE STUDENTS, AND ALUMNI PROFESSIONAL MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7ATHE STUDENT MEMBERS OF FBLA-PBL ELECT THE STUDENT REPRESENTATIVES OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE 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 12CACKNOWLEDGEMENT 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 15ANNUALLY 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 GUIDSTAR'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 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
FORM 990, PART IX, LINE 11GCONSULTANTS AND CONTRACTORS: PROGRAM SERVICE EXPENSES 684,589. MANAGEMENT AND GENERAL EXPENSES 196,461. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 881,050.
FORM 990, PART XII, LINE 2B:FBLA-PBL ISSUED AUDITED FINANCIAL STATEMENTS USING A LONG PERIOD AS OF AND FOR THE THIRTEEN MONTHS ENDED JULY 31, 2021.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FROM THE PRIOR YEAR.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.