Future Business Leaders of America - Phi Beta Lambda

“Organization members the members of fbla-pbl are students who elect the student representatives of the governing body.”

“Organization members the members of fbla-pbl are students who elect the student representatives of the governing body.”

“Review process of form 990 the 990 is checked and reviewed by the accounting department, ceo and the president.”

“Conflicts of interest policy acknowledgement and disclosure forms are signed annually by the board of directors and national headquarters staff.”

“Process of determining compensation annually 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 personnel committee chair in the form of a recommendation to the full board of directors. The final recommendations(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.”

“Availability of certain documents the organization's governing documents, conflicts of interest policy, and financial statements are available to the public upon written request.”

“Consultants and contractors: program service expenses 748,046. Management and general expenses 32,863. Fundraising expenses 40,986. Total expenses 821,895.”

“Fbla has not changed its process from the prior year.”