Better Business Bureau Report for
BBB Education Foundation

Better Business Bureau Report issued January 2011
Better Business Bureau Report expires January 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: BBB Education Foundation
Address: 1333 West Loop South, Ste. 1200
  Houston, TX 77027
Phone: 713-341-6141
Web Address: bbbhou.org
Also known as:BBB Education Foundation
Better Business Bureau Education Foundation
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Better Business Bureau Comments

Year, State Incorporated: 1972, Texas
Affiliates: None
Stated Purpose: To inform, educate, and advocate on behalf of consumers and businesses in our service area by providing information, counseling, and education in an effort to combat unethical business practices and provide protection from fraudulent schemes through programs, seminars, and dispute resolution utilizing and promoting volunteers educated in consumer awareness.

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Evaluation Conclusions

               

BBB Education Foundation meets the 20 Standards for Charity Accountability.
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Programs

               

Staff and volunteers make presentations in the community to educate consumers young and old about scams and schemes and how to avoid fraudulent business practices.

For the fiscal year ended December 31, 2010, BBB Education Foundation's program expenses were:

  
MOD 248,584
Silver sleuths 63,831
Total Program Expenses: $312,415
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Governance

               

Chief Executive : Candice Twyman, Executive Director
Compensation*:
 $75,000

Chair of the Board: Alan Vera
Chair's Profession / Business Affiliation: Ad agency

Board Size: 17

Paid Staff Size: 4

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

direct mail, invitations to fund raising events
Fund raising costs were 13% of related contributions. (Related contributions, which totaled $254,300, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on BBB Education Foundation's audited financial statements for the fiscal year ended December 31, 2010.

Source of Funds  
MOD 180,000
Unrestricted 139,005
Awards 74,300
Interest 7,018
Total Income $400,323


chart



Uses of Funds as a % of Total Expenses

Programs: 87%  Fund Raising: 9%  Administrative: 1%  Other Expenses: 3%

Total income   $400,323
  Program expenses $312,415
  Fund raising expenses 33,072
  Administrative expenses 4,458
  Other Expenses 12,000
Total expenses   $361,945
Income in Excess of Expenses   38,378
Beginning net assets   688,662
Ending net assets   727,040
Total liabilities  
Total assets   $727,040


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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