STRATEGY STUDIO / PUBLIC DATA EXPLORER

FUTURE BUSINESS LEADERS OF AMERICA- INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
FUTURE BUSINESS LEADERS OF AMERICA- INC (EIN 23-7157445)
Tax period
2021-08-01 to 2022-07-31
Filed
2023-05-10
IRS object ID
202331309349304588
Schema version
2021v4.2
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)
Return2023-05-10T16:08:19-05:00ReturnTs
Tax Period End2022-07-31TaxPeriodEndDt

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 Line11250 H STREET SUITE 700AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237157445EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FUTURE BUSINESS LEADERS OF AMERICA INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFUTUBusinessNameControlTxt
Phone7038601839PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112100 SUNSET HILLS ROAD 200AddressLine1Txt
CityRESTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP20190ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALEXANDER T GRAHAMPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone7038601839PhoneNum
Signature2023-05-10SignatureDt
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
Preparation2023-05-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerRYAN PAULPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line112100 SUNSET HILLS ROAD 200AddressLine1Txt
CityRESTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP20190ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,036,402GrossReceiptsAmt
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 Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee22TotalEmployeeCnt
Total Volunteers510TotalVolunteersCnt
Total Gross UBI$20,100TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$22,925PYContributionsGrantsAmt
CY Contributions Grants$465,376CYContributionsGrantsAmt
PY Program Service Revenue$396,336PYProgramServiceRevenueAmt
CY Program Service Revenue$5,103,210CYProgramServiceRevenueAmt
PY Investment Income$133,664PYInvestmentIncomeAmt
CY Investment Income$3,625,685CYInvestmentIncomeAmt
PY Other Revenue$30,649PYOtherRevenueAmt
CY Other Revenue$169,275CYOtherRevenueAmt
PY Total Revenue$583,574PYTotalRevenueAmt
CY Total Revenue$9,363,546CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$189,797CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$177,656PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,702,758CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$335,947CYTotalFundraisingExpenseAmt
PY Other Expenses$424,449PYOtherExpensesAmt
CY Other Expenses$6,385,211CYOtherExpensesAmt
PY Total Expenses$602,105PYTotalExpensesAmt
CY Total Expenses$8,277,766CYTotalExpensesAmt
PY Revenues Less Expenses-$18,531PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,085,780CYRevenuesLessExpensesAmt
Total Assets BOY$10,435,182TotalAssetsBOYAmt
Total Assets EOY$12,546,685TotalAssetsEOYAmt
Total Liabilities BOY$651,986TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,478,596TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,783,196NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,068,089NetAssetsOrFundBalancesEOYAmt
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 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,080,654ExpenseAmt
Revenue$4,068,878RevenueAmt
DescCONFERENCES: 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.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,247,520ExpenseAmt
Grant$189,797GrantAmt
DescAWARDS: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.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$1,207,084ExpenseAmt
Revenue$1,014,232RevenueAmt
DescMEMBERSHIP: 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.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtDescDescRevenueRevenueAmt
$155,515NATIONAL OFFICERS
$74,752PUBLICATIONS$20,100
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$230,267TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$20,100TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$6,765,525TotalProgramServiceExpensesAmt
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 StmtYes (1)IndependentAuditFinclStmtInd
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 Document27IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee22EmployeeCnt
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 Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
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 Line1ROBERT HOLSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7038601839PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112100 SUNSET HILLS ROAD 200AddressLine1Txt
CityRESTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP20190ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
RYAN PAUL
CHAIR5.00Yes (X)Yes (X)$0$0$0
CHRIS DZURICK
CHAIR ELECT1.00Yes (X)Yes (X)$0$0$0
ROBERT J KOLLAR
TREASURER1.00Yes (X)Yes (X)$0$0$0
ERIN SHERMAN
SECRETARY1.00Yes (X)Yes (X)$0$0$0
JAYA SINGH
FBLA NATIONAL PRESIDENT1.00Yes (X)$0$0$0
ANDRE DAVIS
PBL NATIONAL PRESIDENT1.00Yes (X)$0$0$0
SUSAN SEUFERER
DIRECTOR1.00Yes (X)$0$0$0
KRISTEN DI STEFANO
DIRECTOR1.00Yes (X)$0$0$0
BRANDON GRIFFIN
DIRECTOR1.00Yes (X)$0$0$0
DAN HAZELETT
DIRECTOR1.00Yes (X)$0$0$0
WENDY MILLS
DIRECTOR1.00Yes (X)$0$0$0
JEN STALEY
DIRECTOR1.00Yes (X)$0$0$0
EDWARD WILKINS
DIRECTOR1.00Yes (X)$0$0$0
SAMEER SOMAL
DIRECTOR1.00Yes (X)$0$0$0
ALEXANDER T GRAHAM
PRESIDENT & CEO40.00Yes (X)$313,949$0$46,342
CARLA BOULTON
DIRECTOR OF EDUCATION40.00$109,347$0$18,668Yes (X)
GABRIELLE GALLAGHER
DIRECTOR OF COMM (TO 3/30/22)40.00$117,608$0$7,791Yes (X)
DOREEN MUGURE
DIRECTOR OF FINANCE (TO 9/30/21)40.00$102,505$0$13,511Yes (X)
KELLY SCHOLL
DIRECTOR OF AWARDS40.00$111,748$0$23,235Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$755,157TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$109,547TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
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
FACTOR 110
3421 N WALNUT AVEOKLAHOMA CITYOK73105EVENT PRODUCTION$944,936
TRANSPORATION MANAGMENT SERVICES
5 SOUTH MARKET STREET FLOOR 3FEDERICKMD21701NLC TRANSPORTATION SERVICES$687,350
FREEMAN DECORATING COMPANY
1600 VICEROY SUITE 100DALLASTX75235EVENT SHOW MANAGEMENT$545,079
HIGHER LOGIC LLC
LOCATION 111 PO BOX 645579PITTSBURGHPA152645253IT SOFTWARE SERVICES$241,499
DELCOR TECHNOLOGY SOLUTIONS INC
8380 COLESVILLE RD 550SILVER SPRINGMD20910IT SERVICES$209,764
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$202,444GovernmentGrantsAmt
All Other Contributions$262,932AllOtherContributionsAmt
Total Contributions$465,376TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
CONFERENCES900099$3,622,312$3,622,312
MEMBERSHIP DUES900099$1,014,232$1,014,232
COMMISSIONS900099$446,566$446,566
ADVERTISING541800$20,100$20,100
FieldValueIRS element (for citing)
Total Program Service Revenue$5,103,210TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$164,333TotalRevenueColumnAmt
Exclusion$164,333ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$23,786TotalRevenueColumnAmt
Exclusion$23,786ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$9,208SecuritiesAmt
Other$4,125,000OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
Other$672,856OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$9,208SecuritiesAmt
Other$3,452,144OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,461,352TotalRevenueColumnAmt
Exclusion$3,461,352ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$145,489TotalRevenueColumnAmt
Exclusion$145,489ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$145,489OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,363,546TotalRevenueColumnAmt
Related Or Exempt Func Income$5,083,110RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$20,100UnrelatedBusinessRevenueAmt
Exclusion$3,794,960ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,500TotalAmt
Program Services$2,500ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$187,297TotalAmt
Program Services$187,297ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$362,602TotalAmt
Program Services$272,866ProgramServicesAmt
Management And General$67,325ManagementAndGeneralAmt
Fundraising$22,411FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,036,512TotalAmt
Program Services$779,996ProgramServicesAmt
Management And General$192,452ManagementAndGeneralAmt
Fundraising$64,064FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$63,605TotalAmt
Program Services$47,864ProgramServicesAmt
Management And General$11,810ManagementAndGeneralAmt
Fundraising$3,931FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$141,483TotalAmt
Program Services$106,469ProgramServicesAmt
Management And General$26,269ManagementAndGeneralAmt
Fundraising$8,745FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$98,556TotalAmt
Program Services$74,165ProgramServicesAmt
Management And General$18,299ManagementAndGeneralAmt
Fundraising$6,092FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$52,174TotalAmt
Management And General$52,174ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$239,715TotalAmt
Management And General$239,715ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$27,763TotalAmt
Management And General$27,763ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,535,884TotalAmt
Program Services$2,155,230ProgramServicesAmt
Management And General$268,463ManagementAndGeneralAmt
Fundraising$112,191FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$37,773TotalAmt
Program Services$33,792ProgramServicesAmt
Management And General$3,174ManagementAndGeneralAmt
Fundraising$807FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$673,250TotalAmt
Program Services$609,291ProgramServicesAmt
Management And General$45,949ManagementAndGeneralAmt
Fundraising$18,010FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$571,638TotalAmt
Program Services$533,030ProgramServicesAmt
Management And General$28,632ManagementAndGeneralAmt
Fundraising$9,976FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$19,749TotalAmt
Program Services$17,668ProgramServicesAmt
Management And General$1,659ManagementAndGeneralAmt
Fundraising$422FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,119,697TotalAmt
Program Services$1,017,027ProgramServicesAmt
Management And General$100,160ManagementAndGeneralAmt
Fundraising$2,510FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$991,079TotalAmt
Program Services$873,952ProgramServicesAmt
Management And General$29,475ManagementAndGeneralAmt
Fundraising$87,652FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$40,420TotalAmt
Program Services$30,416ProgramServicesAmt
Management And General$7,506ManagementAndGeneralAmt
Fundraising$2,498FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$53,310TotalAmt
Program Services$21,895ProgramServicesAmt
Management And General$31,415ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Total$22,759TotalAmt
Program Services$2,067ProgramServicesAmt
Management And General$24,054ManagementAndGeneralAmt
Fundraising-$3,362FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,277,766TotalAmt
Program Services$6,765,525ProgramServicesAmt
Management And General$1,176,294ManagementAndGeneralAmt
Fundraising$335,947FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$66,749BOYAmt
EOY$10,933,817EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$172,832BOYAmt
EOY$176,314EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$17,189BOYAmt
EOY$758,633EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$203,720BOYAmt
EOY$297,940EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$338,955LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$338,955LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$713,276BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$9,144,456BOYAmt
EOY$231,320EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$116,960BOYAmt
EOY$148,661EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$10,435,182BOYAmt
EOY$12,546,685EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$402,647BOYAmt
EOY$2,428,604EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$7,000BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$39,895BOYAmt
EOY$49,992EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$651,986BOYAmt
EOY$2,478,596EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,302,499BOYAmt
EOY$9,614,735EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$480,697BOYAmt
EOY$453,354EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,783,196BOYAmt
EOY$10,068,089EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,435,182BOYAmt
EOY$12,546,685EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,085,780ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$800,887NetUnrlzdGainsLossesInvstAmt
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 AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
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$1,909,896CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,656,857CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,242,275CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$100,976CurrentTaxYearMinus1YearAmt
Current Tax Year$1,479,608CurrentTaxYearAmt
Total$6,389,612TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,935,739CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,067,833CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$558,034CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$317,285CurrentTaxYearMinus1YearAmt
Current Tax Year$4,068,878CurrentTaxYearAmt
Total$10,947,769TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,845,635CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,724,690CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,800,309CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$418,261CurrentTaxYearMinus1YearAmt
Current Tax Year$5,548,486CurrentTaxYearAmt
Total$17,337,381TotalAmt

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$17,337,381PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$302,017CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$306,887CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$202,485CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,285CurrentTaxYearMinus1YearAmt
Current Tax Year$188,119CurrentTaxYearAmt
Total$1,006,793TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$302,017CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$306,887CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$202,485CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,285CurrentTaxYearMinus1YearAmt
Current Tax Year$188,119CurrentTaxYearAmt
Total$1,006,793TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$14,491CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,319,775CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$29,128CurrentTaxYearMinus1YearAmt
Current Tax Year$145,489CurrentTaxYearAmt
Total$1,508,883TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,147,652CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,046,068CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,322,569CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$454,674CurrentTaxYearMinus1YearAmt
Current Tax Year$5,882,094CurrentTaxYearAmt
Total$19,853,057TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.87330PublicSupportCY509Pct
Public Support PY5090.87290PublicSupportPY509Pct
Investment Income CY0.05070InvestmentIncomeCYPct
Investment Income PY0.05650InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 IIIDURING 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.

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$214,370BeginningYearBalanceAmt
Contributions$0ContributionsAmt
Investment Earnings Or Losses-$24,751InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$0OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$189,619EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$223,118BeginningYearBalanceAmt
Investment Earnings Or Losses$2,152InvestmentEarningsOrLossesAmt
Administrative Expenses$10,900AdministrativeExpensesAmt
End Year Balance$214,370EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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 Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$225,575BeginningYearBalanceAmt
Investment Earnings Or Losses$9,147InvestmentEarningsOrLossesAmt
End Year Balance$234,722EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.45840PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.54160TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

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

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED COMPENSATIONDesc
Amt$49,992Amt
FieldValueIRS element (for citing)
Total Liability$49,992TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$8,534,896TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$800,887NetUnrealizedGainsInvstAmt
Revenue Not Reported-$800,887RevenueNotReportedAmt
Revenue Subtotal$9,335,783RevenueSubtotalAmt
Investment Expenses Not Incld$27,763InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$27,763RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$9,363,546TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$8,250,003TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$8,250,003ExpensesSubtotalAmt
Investment Expenses Not Incld2$27,763InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$27,763ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,277,766TotalExpensesPerForm990Amt

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
Recipient725RecipientCnt
Cash Grant$187,297CashGrantAmt

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)
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

FieldValueIRS element (for citing)
PersonALEXANDER T GRAHAMPersonNm
TitlePRESIDENT & CEOTitleTxt
Base Compensation Filing Org$298,433BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$15,000BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$516OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$39,666DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$8,988NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$362,603TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 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 ARE MIDDLE SCHOOL, HIGH SCHOOL AND COLLEGE STUDENTS, AND ALUMNI PROFESSIONAL MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7ATHE STUDENT MEMBERS OF FBLA 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 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 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 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.