Form 990 for tax year 2022
Filed by FUTURE BUSINESS LEADERS OF AMERICA- PHI BETA LAMBDA INC.
Totals
- Total revenue
- $1,782,515
- Total expenses
- $1,713,119
- Contributions and grants received
- $353,959
- Grants paid
- $111,566
- Program service revenue
- $1,428,261
- Investment income
- $295
- Other revenue
- $0
- Total assets, end of year
- $742,635
- Total liabilities, end of year
- $385,636
- Net assets or fund balances, end of year
- $356,999
- Program services expenses (Part IX)
- $1,713,119
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,713,119
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$89,280
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$236,047
-
1f · All other contributions, gifts and grants
$28,632
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: CONFERENCE REVENUE
total $1,428,261 · related or exempt $1,428,261 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $295 · related or exempt $295 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $110,066 · program services $110,066
-
2 · Grants to domestic individuals
total $1,500 · program services $1,500
-
5 · Compensation of officers, directors and key employees
total $42,327 · program services $42,327
-
10 · Payroll taxes
total $4,673 · program services $4,673
-
11a · Fees: management
total $165,521 · program services $165,521
-
11c · Fees: accounting
total $53,616 · program services $53,616
-
12 · Advertising and promotion
total $18,718 · program services $18,718
-
13 · Office expenses
total $3,498 · program services $3,498
-
17 · Travel
total $2,210 · program services $2,210
-
19 · Conferences, conventions and meetings
total $1,301,035 · program services $1,301,035
-
23 · Insurance
total $9,798 · program services $9,798
-
24a · Other expenses: OTHER
total $157 · program services $157 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $384,031 · end of year $455,227
-
2 · Savings and temporary cash investments
beginning of year $2,280 · end of year $2,148
-
4 · Accounts receivable
beginning of year $262,581 · end of year $263,748
-
7 · Other notes and loans receivable
end of year $19,000
-
9 · Prepaid expenses and deferred charges
end of year $2,512
-
17 · Accounts payable and accrued expenses
beginning of year $361,289 · end of year $354,636
-
24 · Unsecured notes and loans payable
end of year $31,000
-
27 · Net assets without donor restrictions
beginning of year $287,603 · end of year $356,999
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
TO PROVIDE AS AN INTEGRAL PART OF THE INSTRUCTIONAL PROGRAM ADDITIONAL OPPORTUNITIES FOR SECONDARY STUDENTS (GRADES7-12) IN BUSINESS AND OR BUSINESS RELATED FIELDS TO DEVELOP VOCATIONAL AND CAREER SUPPORTIVE COMPETENCIES AND TO PROMOTE CIVIC AND PERSONAL RESPONSIBILITIES.
-
NATIONAL LEADERSHIP CONFERENCE
Expenses $414,007 · Revenue $460,404
-
STATE LEADERSHIP CONFERENCE
Expenses $575,153 · Revenue $713,752
-
REGIONAL CONFERENCES
Expenses $87,807 · Revenue $113,895
-
OTHER PROGRAM EXPENSES
Expenses $636,152
As filed on the 2022 return.
Listed in Part VII
-
Ryan UnderwoodRYAN UNDERWOOD
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Glenn MorrisGLENN MORRIS
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jeffrey JordanJEFFREY JORDAN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Edward YoungbloodEDWARD YOUNGBLOOD
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Gregory FoxGREGORY FOX
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Danielle Tolentino TuasonDANIELLE TOLENTINO TUASON
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Molly AndersonMOLLY ANDERSON
STATE ADVISOR
- Total calculated
- $0
- Hours/week
- 2
-
Patrick FrostPATRICK FROST
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Shelsy HutchisonSHELSY HUTCHISON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 2 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411369349304011
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