2025-11-17T15:11:59-06:00 2024-12-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2024-01-01 136263835 THE EDUCATION AND RESEARCH FOUNDATION OF THE BBB OF METRO NY INC EDUC 2125337500 30 EAST 33RD STREET FLOOR 12 NEW YORK NY 100165337 CLAIRE ROSENZWEIG PRESIDENT 2125337500 2025-11-17 1 1 GARRETT M HIGGINS P00543209 2122862600 2025-11-17 2024 2025-03-06 01:10:19Z CLAIRE ROSENZWEIG 30 EAST 33RD STREET FLOOR 12 NEW YORK NY 100165337 405758 0 X NY.GIVE.ORG X 1968 NY SUPPORT THE BETTER BUSINESS BUREAU (R) BY DEFINING AND PROMOTING ETHICAL BUSINESS AND CHARITY STANDARDS AND PRACTICES IN NEW YORK. 14 14 0 45 0 0 219575 192516 138300 159297 18253 42445 11472 11500 387600 405758 0 0 0 0 0 0 0 0 14342 389400 373554 389400 373554 -1800 32204 1240001 1331418 102234 161447 1137767 1169971 X THE EDUCATION AND RESEARCH FOUNDATION OF THE BBB (R) OF METRO NY COLLABORATES WITH METRO NEW YORK'S BBB TO CREATE, FUND, AND IMPLEMENT EDUCATIONAL PROGRAMS AND PROJECTS ON CHARITY ACCOUNTABILITY, BUSINESS RESPONSIBILITY, LEADERSHIP, AND CONSUMER ISSUES. THE FOUNDATION PERFORMS CHARITY EVALUATIONS BASED ON THE BBB STANDARDS FOR CHARITY ACCOUNTABILITY. 0 0 214279 0 159297 CHARITY ACCOUNTABILITY:THE CORE PROGRAM IS THE CHARITY ACCOUNTABILITY PROGRAM (NYCAP). THROUGH THIS PROGRAM, THE FOUNDATION PROMOTES CHARITABLE GIVING IN NEW YORK STATE BY ENCOURAGING NONPROFIT PRACTICES THAT MERIT DONOR TRUST. THE FOUNDATION EDUCATES CHARITY LEADERS ABOUT HOW TO MEET THE BBB STANDARDS FOR CHARITY ACCOUNTABILITY. IT EVALUATES CHARITY PERFORMANCE AGAINST THE BBB STANDARDS AND PUBLISHES BBB CHARITY REPORTS STATING ITS FINDINGS ONLINE AT GIVE.ORG FOR THE BENEFIT OF THE PUBLIC.AS OF DECEMBER 2024, THERE WERE 767 PUBLISHED METRO NY BBB CHARITY REPORTS. CHARITIES MEETING ALL BBB STANDARDS AUTOMATICALLY BECOME BBB ACCREDITED CHARITIES, AT NO COST. THE FOUNDATION LICENSES USE OF ITS OPTIONAL BBB ACCREDITED CHARITY SEAL, FEATURING THE BBB'S TRADEMARK AS A SYMBOL OF ACCOUNTABILITY, ONLY TO ELIGIBLE CHARITIES THAT HAVE FIRST MET ALL BBB STANDARDS. BBB SEAL HOLDERS SIGN A LICENSING AGREEMENT AND PAY A SLIDING-SCALE FEE, BASED ON CHARITY FUNDRAISING REVENUE SIZE, FOR PERMITTED USES OF THE BBB SEAL. 65095 0 0 EDUCATIONAL PROGRAMS:CHARITIES: IN 2024, CHARITY LEADERS WERE PROVIDED WITH SIX ONLINE EDUCATIONAL PROGRAMS AND ONE IN-PERSON PROGRAM, INCLUDING A BBB CHARITY EFFECTIVENESS SYMPOSIUM ENTITLED "THE POWER OF COMMUNITY: BUILDING AUTHENTIC RELATIONSHIPS WITH SUPPORTERS, AND SIX OTHER PROGRAMS ABOUT ISSUES SUCH AS FRAUD TRENDS, MAKING CRITICAL FINANCIAL DECISIONS, ENGAGING YOUR BOARD, AUDIT AND 990 PREP, AND TALENT DEVELOPMENT. ALL ONLINE PROGRAMS IN 2024 WERE OFFERED FOR FREE TO REGISTRANTS. ATTENDEES FOR IN-PERSON PROGRAM WERE CHARGED A SMALL REGISTRATION FEE.BUSINESSES: THE SEVENTEENTH BBB FORUM ON CORPORATE RESPONSIBILITY WAS PRESENTED AS A WEBCAST ON SEPTEMBER 25, 2024, AND PROVIDED FREE TO REGISTRANTS. IT WAS ENTITLED "SUSTAINABLE COMMUNITIES: MANAGING CHANGE, INNOVATING FOR RESILIENCE." THERE WERE 1,431 COMBINED BUSINESS AND CHARITY PROGRAM ATTENDEES NOTED IN 2024. 5641 0 0 LEADERSHIP:OUR FOUNDATION MAINTAINS A YEAR-ROUND SKILL-BUILDING VOLUNTEER INTERNSHIP PROGRAM, WHICH HELPS YOUNG PEOPLE BUILD LEADERSHIP AND CAREER SKILLS. PARTICIPANTS ARE TRAINED AND SUPERVISED. THEY ARE INVITED TO ATTEND CAREER SESSIONS WITH SENIOR EXECUTIVES FROM BBB BOARD LEADERSHIP. INTERNS LEARN SKILLS IN AREAS SUCH AS DISPUTE RESOLUTION, CUSTOMER SERVICE, BUSINESS COMMUNICATIONS, FINANCIAL STATEMENT EVALUATION AND NONPROFIT MANAGEMENT. IN 2024, INTERNSHIPS WERE CONDUCTED VIRTUALLY USING TOOLS SUCH AS ONLINE MEETINGS. THE PROGRAM SERVED 31 INTERNS IN 2024. 285015 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X CLAIRE ROSENZWEIG 2125337500 30 EAST 33RD STREET FLOOR 12 NEW YORK NY 100165337 STEVE PERAZZOLI CHAIRPERSON 0.10 X X 0 0 0 PAMELA HAAS VICE-CHAIR 0.10 X X 0 0 0 RICHARD BROWN VICE-CHAIR 0.10 X X 0 0 0 CATHRYN MCALEAVEY TREASURER 0.10 X X 0 0 0 LAURIE J BILIK TRUSTEE 0.10 X 0 0 0 BRANDI BOATNER TRUSTEE 0.10 X 0 0 0 MICHAEL BIONDO TRUSTEE 0.10 X 0 0 0 DAWN CARRILLO TRUSTEE 0.10 X 0 0 0 DANIEL KAPLAN TRUSTEE 0.10 X 0 0 0 ELINOR LITWACK TRUSTEE 0.10 X 0 0 0 ALICIA MCGRATH TRUSTEE 0.10 X 0 0 0 CANDICE METH TRUSTEE 0.10 X 0 0 0 DAVID OKORN TRUSTEE 0.10 X 0 0 0 LAUREN JEAN WATTERS TRUSTEE 0.10 X 0 0 0 CLAIRE ROSENZWEIG PRESIDENT 8.00 X 47500 0 0 STEVEN LONDON CONTROLLER (THRU APR 2024) 7.00 X 8777 0 0 56277 0 0 0 0 0 1 0 192516 192516 SEAL PROGRAM INCOME 900099 144297 144297 SEAL REVIEW INCOME 900099 15000 15000 159297 42445 42445 REIMBURSEMENT 900099 11500 11500 11500 405758 159297 0 53945 22985 6553 16432 5300 5300 25857 25857 14974 10161 4813 26000 12508 12742 750 4394 4394 1693 1693 1710 1370 170 170 ALLOC. SALARIES & BENEF 270511 218742 38347 13422 DUES & SUBSCRIPTIONS 130 130 373554 285015 74197 14342 272746 587252 961607 737857 2359 2359 50171 49947 1917 224 1372 3726 1240001 1331418 1918 3309 83022 142232 17294 15906 102234 161447 X 1085403 1101251 52364 68720 1137767 1169971 1240001 1331418 32204 0 X X 0 1 X 1 0 X 209877 245437 212333 219575 192516 1079738 209877 245437 212333 219575 192516 1079738 120934 958804 1205 613 929 18253 42445 63445 11472 11472 11472 11472 11500 57388 1200571 904281 0.79860 0.82640 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REIMBURSEMENT FROM BBB - 2020 AMOUNT: $ 11,472. 2021 AMOUNT: $ 11,472. 2022 AMOUNT: $ 11,472. 2023 AMOUNT: $ 11,472. 2024 AMOUNT: $ 11,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50171 49947 224 224 DUE TO BETTER BUSINESS BUREAU OF METROPOLITAN NEW YORK, INC. 15906 15906 X 405758 0 405758 0 405758 373554 0 373554 0 373554 PART X, LINE 2: THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO DECEMBER 31, 2021. 0 0 0 0 0 0 0 0 0 CLAIRE ROSENZWEIG PRESIDENT 47500 0 0 0 0 0 0 0 0 0 47500 0 0 0 STEVEN LONDON CONTROLLER (THRU APR 2024) 8777 0 0 0 0 0 0 0 0 0 8777 0 0 0 FORM 990, PART VII, LINE 5: THE FOLLOWING INDIVIDUALS LISTED IN PART VII, SECTION A, RECEIVED COMPENSATION FROM AN UNRELATED ORGANIZATION FOR SERVICES PERFORMED FOR THE FILING ORGANIZATION. THE COMPENSATION AMOUNTS BELOW INDICATE THE AMOUNT REPORTED IN PART VII, COLUMN D. NAME: CLAIRE ROSENZWEIG TITLE: PRESIDENT COMPENSATION: $47,500 PAID BY THE BETTER BUSINESS BUREAU OF METROPOLITAN NEW YORK, INC. NAME: STEVEN LONDON TITLE: CONTROLLER COMPENSATION: $8,777 PAID BY THE BETTER BUSINESS BUREAU OF METROPOLITAN NEW YORK, INC. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE FOUNDATION'S OUTSIDE ACCOUNTANTS AND PROVIDED TO MANAGEMENT (INCLUDING THE OUTSOURCED CONTROLLER) FOR REVIEW. ONCE APPROVED BY MANAGEMENT, THE FORM 990 IS THEN DISTRIBUTED TO THE FULL BOARD OF TRUSTEES PRIOR TO ELECTRONICALLY FILING THE FORM 990 WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY THAT APPLIES TO ANY TRUSTEE, OFFICER, OR KEY EMPLOYEE, WHICH IT ANNUALLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. ANY TRUSTEE, OFFICER OR KEY EMPLOYEE WHO HAS AN INTEREST IN A RELATED PARTY TRANSACTION SHALL DISCLOSE IN GOOD FAITH TO THE BOARD OF TRUSTEES OR THE AUDIT COMMITTEE OF THE BOARD THE MATERIAL FACTS CONCERNING SUCH INTEREST. INDIVIDUALS WITH SUCH RELATIONSHIPS SHALL NOT BE PRESENT DURING, OR PARTICIPATE IN, ANY BOARD OR BOARD COMMITTEE DELIBERATIONS OR VOTE ON ANY MATTERS GIVING RISE TO THE CONFLICT, OR POTENTIAL CONFLICT, OF INTEREST, INCLUDING, BUT NOT LIMITED TO, MATTERS DIRECTLY PERTAINING TO THE BUSINESS TO BE TRANSACTED WITH THE IDENTIFIED PERSON OR ORGANIZATION OR ON ISSUES THAT MAY RESULT IN ANY BENEFIT INURING TO THE IDENTIFIED PERSON OR ORGANIZATION. THE EXISTENCE OF ALL SUCH CONFLICTS OF INTEREST AND THEIR RESOLUTION, AS WELL AS ANY ISSUES RELATING TO THEM, SHALL BE FULLY DOCUMENTED IN THE ORGANIZATION'S RECORDS, INCLUDING THE MINUTES OF ANY MEETING AT WHICH THE CONFLICT WAS DISCUSSED OR VOTED ON. ANY AND ALL DOCUMENTATION DEEMED NECESSARY AND APPROPRIATE BY THE BOARD FOR THE SUFFICIENT EVALUATION AND RESOLUTION OF THE CONFLICT OR POTENTIAL CONFLICT SHALL BE SUBMITTED TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG (CANDID) AND IRS.GOV (TAX EXEMPT ORGANIZATIONS SEARCH). IN ADDITION, THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. THE FOUNDATION'S ANNUAL REPORT, INCLUDING A FINANCIAL SUMMARY, IS POSTED ON ITS WEBSITE AND IS ALSO AVAILABLE IN PRINTED FORM UPON REQUEST. FORM 990, PART XII, LINE 2C: THE EDUCATION AND RESEARCH FOUNDATION OF THE BBB OF METRO NY HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITORS. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.