2026-06-10T13:31:29-05:00 2025-07-31 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2024-08-01 237157445 FUTURE BUSINESS LEADERS OF AMERICA INC FUTU 7038603337 12100 SUNSET HILLS ROAD 200 RESTON VA 20190 JENNIFER WOODS PRESIDENT & CEO 7038603337 2026-06-10 1 1 AARON FOX P01365820 2022274000 2024 2025-03-06 01:10:19Z X JENNIFER WOODS 12100 SUNSET HILLS ROAD 200 RESTON VA 20190 7789804 0 2205 X WWW.FBLA.ORG X 1969 DC FBLA INSPIRES AND PREPARES STUDENTS TO BECOME COMMUNITY-MINDED BUSINESS LEADERS IN A GLOBAL SOCIETY THROUGH RELEVANT CAREER PREPARATION AND LEADERSHIP EXPERIENCES. 15 15 18 2800 48400 3688 204990 262782 8140351 6713828 205946 262806 178817 162177 8730104 7401593 196112 222792 0 0 1896224 1928994 0 0 168951 7202724 6505493 9295060 8657279 -564956 -1255686 11447434 11687019 3653781 4787241 7793653 6899778 X FUTURE BUSINESS LEADERS OF AMERICA (FBLA) INSPIRES AND PREPARES STUDENTS TO BECOME COMMUNITY-MINDED BUSINESS LEADERS IN A GLOBAL SOCIETY THROUGH RELEVANT CAREER PREPARATION AND LEADERSHIP EXPERIENCES. EACH YEAR, FBLA ENGAGES OVER 200,000 MIDDLE SCHOOL, HIGH SCHOOL, AND COLLEGE STUDENTS THROUGH EDUCATION PROGRAMS THAT BUILD BUSINESS KNOWLEDGE, CAREER-CONNECTED SKILLS, AND LEADERSHIP CAPACITY TO SUCCEED IN THE WORKFORCE OF TOMORROW. 0 0 4085530 4294819 EDUCATION: FBLA'S NATIONAL LEADERSHIP CONFERENCE (NLC) IS A CORNERSTONE OF ITS EDUCATIONAL PROGRAMMING, INTEGRATING CLASSROOM LEARNING WITH REAL-WORLD APPLICATION. FROM JUNE 26 TO JULY 2, 2025, MORE THAN 14,000 STUDENTS ATTENDED THE NLC IN ANAHEIM, CALIFORNIA, WHERE THEY PARTICIPATED IN HIGH-QUALITY, CAREER-CONNECTED LEARNING EXPERIENCES INCLUDING MORE THAN 194 STUDENT-CENTERED WORKSHOPS, LEADERSHIP ACADEMIES, AND INDUSTRY PANELS. THESE EXPERIENTIAL LEARNING OPPORTUNITIES ALIGN WITH PRIORITIES TO EXPAND WORK-BASED LEARNING EXPERIENCES AND HELP STUDENTS STRENGTHEN IN-DEMAND SKILLS ACROSS BUSINESS, TECHNOLOGY, AND COMMUNICATIONS SECTORS. 1311870 222792 1284 AWARDS: FBLA'S COMPETITIVE EVENT PROGRAM IS AN EDUCATION-BASED RECOGNITION INITIATIVE ALIGNED TO STATE AND NATIONAL ACADEMIC AND CAREER AND TECHNICAL EDUCATION (CTE) STANDARDS. STUDENTS COMPETE IN MORE THAN 153 EVENTS TIED TO BUSINESS PATHWAYS SUCH AS FINANCE, ENTREPRENEURSHIP, COMPUTER SCIENCE, HOSPITALITY, AND MARKETING. IN 2024-2025, OVER 30,000 STUDENTS PARTICIPATED IN DISTRICT, STATE, AND NATIONAL LEVELS, DEMONSTRATING PROFICIENCY IN PROBLEM-SOLVING, CRITICAL THINKING, COMMUNICATION, AND LEADERSHIP, SKILLS ALIGNED WITH EMPLOYABILITY AND 21ST-CENTURY WORKFORCE READINESS. 743162 2139714 MEMBERSHIP: FBLA CHAPTERS SERVE AS EDUCATION HUBS WHERE STUDENTS ENGAGE IN PROJECT-BASED LEARNING, COMMUNITY SERVICE, AND LEADERSHIP DEVELOPMENT. IN 2024-2025, FBLA SUPPORTED 204,000 MEMBERS ACROSS 5,825 CHAPTERS. THROUGH STRUCTURED CLASSROOM INTEGRATION AND CO-CURRICULAR EXPERIENCES, FBLA HELPS STUDENTS EXPLORE CAREER PATHWAYS, DEVELOP LEADERSHIP COMPETENCIES, AND ENGAGE IN CIVIC AND ECONOMIC EDUCATION, ADVANCING ACCESS TO HIGH-QUALITY CTE AND CAREER PATHWAY PROGRAMMING. 414590 COMMUNICATION: FBLA EXPANDED ITS EDUCATOR-FACING TOOLS TO SUPPORT STUDENT ACHIEVEMENT AND ADVISER EFFECTIVENESS. IN 2024-2025, THE ORGANIZATION PROVIDED INSTRUCTIONAL RESOURCES, PROMOTED CLASSROOM-ALIGNED LEADERSHIP CURRICULUM, AND STRENGTHENED ITS EDUCATOR AND ADVISER NETWORKS. THESE INITIATIVES PROMOTE ACCESS TO HIGH-QUALITY CAREER PREPARATION CONTENT AND ALIGN WITH NATIONAL EFFORTS TO SCALE EFFECTIVE EDUCATION-TO-CAREER PIPELINES. 414590 6555152 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 17 0 1 18 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 1 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X JENNIFER WOODS 7038603337 12100 SUNSET HILLS ROAD 200 RESTON VA 20190 JENNIFER CLAUS CHAIR 1.00 X X 0 0 0 JAN IMHOFF CHAIR ELECT 1.00 X X 0 0 0 ROBERT J KOLLAR PAST CHAIR 5.00 X X 0 0 0 MICHAEL HECHT TREASURER 1.00 X X 0 0 0 DUKE DISTEFANO SECRETARY 1.00 X X 0 0 0 LUCKSON ABRAHAM DIRECTOR 1.00 X 0 0 0 CORBIN ROBINSON DIRECTOR 1.00 X 0 0 0 BRANDON GRIFFIN DIRECTOR 1.00 X 0 0 0 DAN HAZLETT DIRECTOR 1.00 X 0 0 0 JULIE ELLIS DIRECTOR 1.00 X 0 0 0 CAROL YORK DIRECTOR 1.00 X 0 0 0 ERIC MCGARVEY DIRECTOR 1.00 X 0 0 0 CHRISTINA PEREZ DIRECTOR 1.00 X 0 0 0 ANDREW STONE HIGH SCHOOL NATIONAL PRESIDENT 1.00 X 0 0 0 BETHANY DUKE COLLEGIATE NATIONAL PRESIDENT 1.00 X 0 0 0 ROBERT HOLST DIRECTOR OF FINANCE - UNTIL 07/25 40.00 X 166661 0 11666 JENNIFER WOODS PRESIDENT & CEO - AS OF 01/25 40.00 X 0 0 0 RANDY W FISER INTERIM PRESIDENT & CEO - UNTIL 12/24 40.00 X 0 0 0 JENNIFER L STALEY DIRECTOR OF COMPETITIVE EVENTS 40.00 X 133370 0 19556 GAYLE ROBINSON DIRECTOR OF EDUCATION 40.00 X 128106 0 18602 LISA SMOTHERS DIRECTOR OF MEMBERSHIP 40.00 X 105367 0 20446 MARY LYNN RYNKIEWICZ DIRECTOR OF COMMUNICATIONS 40.00 X 103321 0 7976 ALEXANDER T GRAHAM FORMER PRESIDENT & CEO 40.00 X 168497 0 8170 805322 0 86416 6 1 1 0 TRANSPORTATION MANAGEMENT SERVICES 17810 MEETING HOUSE RD SANDY SPRING MD 20860 TRANSPORTATION SERVICES 853679 ORANGE COUNTY CONVENTION CENTER LEASE AD 9899 INTERNATIONAL DRIVE ORLANDO FL 32819 A/V AND EVENT MGMT/SECURITY 242519 CYBIS COMMUNICATIONS 428 BARRY STREET ORLANDO FL 32808 A/V RENTAL SERVICES 239769 ADVISOR 360 LLC 35 PARKER ROW SW UNIT 566 WASHINGTON DC 20024 OUTSOURCED CEO 204000 FREEMAN DECORATING COMPANY INC 9900 BUSINESS PKWY LANHAM MD 20706 A/V RENTAL SERVICES 185980 5 5000 257782 262782 CONFERENCES 900099 3741706 3512095 229611 MEMBERSHIP DUES 900099 2139714 2139714 REBATES 900099 784008 784008 ADVERTISING 541800 48400 48400 6713828 232310 232310 91143 91143 335035 304539 30496 30496 30496 79242 83672 -4430 -4430 OTHER REVENUE 900099 75464 75464 75464 7401593 6435817 48400 654594 X 222792 222792 593739 452757 129460 11522 1001404 512366 414184 74854 91369 47550 38250 5569 117924 90971 16127 10826 124558 80481 36845 7232 41196 41196 119099 119099 34890 34890 885272 484655 400617 161480 154488 6992 386779 322876 59732 4171 457682 333468 105870 18344 297436 179845 107804 9787 565800 372685 186315 6800 3360771 3203511 143197 14063 101405 62248 33374 5783 62280 17910 44370 MISCELLANEOUS EXPENSE 20313 13275 7038 MEMBERSHIPS & DUES 8844 3274 5570 BAD DEBT EXPENSE 2246 2246 8657279 6555152 1933176 168951 621967 766609 183291 186768 1081551 868617 331225 267825 920532 196710 817377 723822 6432979 7006850 1979044 1866528 11447434 11687019 1007178 2317761 43126 36818 2603477 2432662 3653781 4787241 X 7361333 6451181 432320 448597 7793653 6899778 11447434 11687019 -1255686 361811 0 X 0 1 X 1 0 X 22925 465376 120012 204990 262782 1076085 395336 5083110 4770523 8288912 6744670 25282551 418261 5548486 4890535 8493902 7007452 26358636 3803 3803 387745 535137 832668 709944 2465494 387745 535137 836471 709944 2469297 23889339 7285 188119 308464 260501 323453 1087822 7285 188119 308464 260501 323453 1087822 29128 145489 32786 35306 75464 318173 454674 5882094 5231785 8789709 7406369 27764631 0.86040 0.86560 0.03920 0.04300 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 29,128. 2021 AMOUNT: $ 145,489. 2022 AMOUNT: $ 32,786. 2023 AMOUNT: $ 35,306. 2024 AMOUNT: $ 75,464. PART III, SHORT YEAR EXPLANATION: THE AMOUNTS LISTED IN SCHEDULE A, PART III, SECTION A, COLUMN (A) REPRESENT THE SHORT YEAR PERIOD FROM 7/1/2021-7/31/2021. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 77065 X 0 235388 27303 262691 205101 30287 235388 189619 15482 205101 214370 -24751 189619 223118 2152 10900 214370 0.00000 0.38653 0.61347 0 0 701690 128086 573604 218842 68624 150218 723822 OPERATING LEASE RIGHT OF USE ASSET 1587260 DEFERRED COMPENSATION INVESTMENT 109707 DEPOSITS 92496 ARTWORK 77065 1866528 OPERATING LEASE LIABILITY 2322955 DEFERRED COMPENSATION OBLIGATION 109707 2432662 X 7812186 361811 83672 445483 7366703 34890 34890 7401593 8706061 83672 83672 8622389 34890 34890 8657279 PART III, LINE 4: THE ORGANIZATION RECEIVED A DONATION OF APPROXIMATELY THREE DOZEN PORCELAIN ART SCULPTURES 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. PART X, LINE 2: FBLA REVIEWS AND ASSESSES ALL ACTIVITIES ANNUALLY TO IDENTIFY ANY CHANGES IN THE SCOPE OF THE ACTIVITIES AND REVENUE SOURCES AND THE TAX TREATMENT THEREOF TO IDENTIFY ANY UNCERTAINTY IN INCOME TAX. FOR THE YEAR ENDED JULY 31, 2025, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAINTY IN INCOME TAX REQUIRING RECOGNITION OR DISCLOSURE IN THESE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 83,672. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 83,672. 1 SCHOLARSHIPS & AWARDS 667 222792 PART I, LINE 2: THE ORGANIZATION MAKES SCHOLARSHIPS AND AWARD PAYMENTS DIRECTLY TO STUDENTS AND FBLA CHAPTERS IN THE UNITED STATES. X X 0 0 0 0 0 0 0 1 0 ROBERT HOLST DIRECTOR OF FINANCE - UNTIL 07/25 155500 0 11000 0 161 0 10742 0 924 0 178327 0 0 0 ALEXANDER T GRAHAM FORMER PRESIDENT & CEO 168260 0 0 0 237 0 7581 0 589 0 176667 0 0 0 JENNIFER L STALEY DIRECTOR OF COMPETITIVE EVENTS 125300 0 8000 0 70 0 8618 0 10938 0 152926 0 0 0 PART I, LINE 7 DURING THE CALENDAR YEAR ENDING DECEMBER 31, 2024, NON-FIXED, DISCRETIONARY BONUSES WERE PAID TO THE FOLLOWING INDIVIDUALS: ROBERT HOLST, DIRECTOR OF FINANCE: $7,500 JENNIFER L STALEY, DIRECTOR OF COMPETITIVE EVENTS: $5,500 GAYLE ROBINSON, DIRECTOR OF EDUCATION: $5,500 LISA SMOTHERS, DIRECTOR OF MEMBERSHIP: $5,500 FORM 990, PART VI, SECTION A, LINE 3 ADVISOR 360, LLC PROVIDED OUTSOURCED CEO SERVICES TO FBLA DURING THE PERIOD OF JUNE 2024 THROUGH DECEMBER 2024. ADVISOR 360, LLC RECEIVED COMPENSATION OF $204,000 FROM FBLA DURING CALENDAR YEAR 2024 FOR SERVICES PROVIDED TO FBLA BY RANDY W. FISER, INTERIM PRESIDENT & CEO. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF FBLA ARE MIDDLE SCHOOL, HIGH SCHOOL AND COLLEGE STUDENTS, AND ALUMNI PROFESSIONAL MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE STUDENT MEMBERS OF FBLA ELECT THE STUDENT REPRESENTATIVES OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 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 12C ACKNOWLEDGEMENT 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 15 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 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 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G EVENT SUPPORT: PROGRAM SERVICE EXPENSES 484,655. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 484,655. HUMAN RESOURCES SUPPORT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 396,465. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 396,465. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,152. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,152.