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Nonprofit · EIN 23-7157445

FUTURE BUSINESS LEADERS OF AMERICA- INC

Also known as NATIONAL HEADQUARTERS

Tax-exempt · RESTON, VA 20190

Financials

$5.2M$7.5M2022$8.7M$9.3M2023$7.4M$8.7M2024
Revenue Expenses · by fiscal year end
Financials of FUTURE BUSINESS LEADERS OF AMERICA- INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$7,401,593$8,657,279-$1,255,686$11,687,019$4,787,241$6,899,778
July 31, 2024990$8,730,104$9,295,060-$564,956$11,447,434$3,653,781$7,793,653
July 31, 2023990$5,211,463$7,549,571-$2,338,108$9,405,498$1,432,360$7,973,138
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$262,782
of which government grants
$5,000
Program service revenue
$6,713,828
Investment income
$262,806
Royalties
$91,143
Net gain from sales of assets
$30,496
Net income from sales of inventory
-$4,430
Other revenue
$162,177

Expenses

Grants and similar amounts paid
$222,792
Compensation of officers, directors and key employees
$593,739
Other salaries and wages
$1,001,404
Salaries, compensation and benefits (total)
$1,928,994
Professional fundraising fees
$0
Legal fees
$41,196
Accounting fees
$119,099
Occupancy
$297,436
Travel
$565,800
Depreciation
$101,405
Program services (functional)
$6,555,152
Management and general (functional)
$1,933,176
Fundraising (functional)
$168,951

Balance sheet and other

Total assets, start of year
$11,447,434
Total assets, end of year
$11,687,019
Total liabilities, end of year
$4,787,241
Net assets, end of year
$6,899,778
Land, buildings and equipment
$723,822
Publicly traded securities
$7,006,850
Net assets without donor restrictions
$6,451,181
Net assets with donor restrictions
$448,597
Gross unrelated business income
$48,400
Gross receipts
$7,789,804
Employees
18
Volunteers
2,800
Year formed
1969
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended July 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ROBERT HOLSTDIRECTOR OF FINANCE - UNTIL 07/25
Officer
40$166,661$11,666
ALEXANDER T GRAHAMFORMER PRESIDENT & CEO
Former
40$168,497$8,170
JENNIFER L STALEYDIRECTOR OF COMPETITIVE EVENTS
Highest-paid employee
40$133,370$19,556
GAYLE ROBINSONDIRECTOR OF EDUCATION
Highest-paid employee
40$128,106$18,602
LISA SMOTHERSDIRECTOR OF MEMBERSHIP
Highest-paid employee
40$105,367$20,446
MARY LYNN RYNKIEWICZDIRECTOR OF COMMUNICATIONS
Highest-paid employee
40$103,321$7,976
JENNIFER CLAUSCHAIR
Trustee or director, Officer
1$0$0
JAN IMHOFFCHAIR ELECT
Trustee or director, Officer
1$0$0
ROBERT J KOLLARPAST CHAIR
Trustee or director, Officer
5$0$0
MICHAEL HECHTTREASURER
Trustee or director, Officer
1$0$0
DUKE DISTEFANOSECRETARY
Trustee or director, Officer
1$0$0
LUCKSON ABRAHAMDIRECTOR
Trustee or director
1$0$0
CORBIN ROBINSONDIRECTOR
Trustee or director
1$0$0
BRANDON GRIFFINDIRECTOR
Trustee or director
1$0$0
DAN HAZLETTDIRECTOR
Trustee or director
1$0$0
8 more people on this return
NameTitleHours / weekCompensation
JULIE ELLISDIRECTOR
Trustee or director
1$0
CAROL YORKDIRECTOR
Trustee or director
1$0
ERIC MCGARVEYDIRECTOR
Trustee or director
1$0
CHRISTINA PEREZDIRECTOR
Trustee or director
1$0
ANDREW STONEHIGH SCHOOL NATIONAL PRESIDENT
Trustee or director
1$0
BETHANY DUKECOLLEGIATE NATIONAL PRESIDENT
Trustee or director
1$0
JENNIFER WOODSPRESIDENT & CEO - AS OF 01/25
Officer
40$0
RANDY W FISER INTERIMPRESIDENT & CEO - UNTIL 12/24
Officer
40$0
990 for the year ended July 31, 2024: 22 people
NameTitleHours / weekCompensationOther / benefits
ALEXANDER T GRAHAMPRESIDENT & CEO - UNTIL 06/24
Officer
40$323,436$38,787
ROBERT HOLSTDIRECTOR OF FINANCE
Officer
40$146,901$12,022
JENNIFER L STANLEYDIRECTOR OF COMPETITIVE EVENTS
Highest-paid employee
40$116,115$19,013
GAYLE ROBINSIONDIRECTOR OF EDUCATION
Highest-paid employee
40$116,096$17,352
MARY LYNN RYNKIEWICZDIRECTOR OF COMMUNICATIONS
Highest-paid employee
40$123,680$9,753
ROBERT J KOLLARCHAIR
Trustee or director, Officer
5$0$0
JENNIFER CLAUSCHAIR ELECT
Trustee or director, Officer
1$0$0
CHRIS DZURICKPAST CHAIR
Trustee or director, Officer
1$0$0
EDWARD WILKINSTREASURER
Trustee or director, Officer
1$0$0
ERIN SHERMANSECRETARY
Trustee or director, Officer
1$0$0
DUKE DISTEFANODIRECTOR
Trustee or director
1$0$0
BRANDON GRIFFINDIRECTOR
Trustee or director
1$0$0
DAN HAZLETTDIRECTOR
Trustee or director
1$0$0
JAN IMHOFFDIRECTOR
Trustee or director
1$0$0
DEBORAH JACKLINHIGH SCHOOL NATIONAL PRESIDENT
Trustee or director
1$0$0
ERIC MCGARVEYDIRECTOR
Trustee or director
1$0$0
WENDY MILLSDIRECTOR
Trustee or director
1$0$0
TOBY NEALCOLLEGIATE NATIONAL PRESIDENT
Trustee or director
1$0$0
CHRISTINA PEREZDIRECTOR
Trustee or director
1$0$0
SAMEER SOMOLDIRECTOR
Trustee or director
1$0$0
SARAH WAMSLEYDIRECTOR
Trustee or director
1$0$0
RANDY W FISER INTERIMPRESIDENT & CEO - 06/24-12/24
Officer
40$0$0
990 for the year ended July 31, 2023: 20 people
NameTitleHours / weekCompensationOther / benefits
ALEXANDER T GRAHAMPRESIDENT AND CEO
Officer
40$305,436$44,500
KELLY SCHOLLDIRECTOR OF AWARDS - UNTIL 11/2022
Highest-paid employee
40$104,901$0
CHRIS DZURICKCHAIR
Trustee or director, Officer
5$0$0
ROBERT J KOLLARCHAIR ELECT
Trustee or director, Officer
1$0$0
JENNIFER CLAUSTREASURER
Trustee or director, Officer
1$0$0
ERIN SHERMANSECRETARY
Trustee or director, Officer
1$0$0
ARRAV DAGARFBLA NATIONAL PRESIDENT
Trustee or director
1$0$0
MADISON KRAEMERCOLLEGIATE NATIONAL PRESIDENT
Trustee or director
1$0$0
SHAYLA DAVIDSONDIRECTOR - UNTIL 11/2022
Trustee or director
1$0$0
BRANDON GRIFFINDIRECTOR
Trustee or director
1$0$0
DAN HAZLETTDIRECTOR
Trustee or director
1$0$0
JAN IMHOFFDIRECTOR
Trustee or director
1$0$0
ERIC MCGARVEYDIRECTOR
Trustee or director
1$0$0
WENDY MILLSDIRECTOR
Trustee or director
1$0$0
RYAN PAULDIRECTOR
Trustee or director
1$0$0
CHRISTINA PEREZDIRECTOR
Trustee or director
1$0$0
JEN STALEYDIRECTOR - UNTIL 12/2022
Trustee or director
1$0$0
SAMEER SOMOLDIRECTOR
Trustee or director
1$0$0
SARAH WAMSLEYDIRECTOR
Trustee or director
1$0$0
EDWARD WILKINSDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
12100 SUNSET HILLS RD STE 200, RESTON, VA 20190-3221
In care of
% ROBERT J HOLST
Principal officer (990 for 2024)
JENNIFER WOODS, 12100 SUNSET HILLS ROAD 200, RESTON, VA 20190
Signed the 990
JENNIFER WOODS, PRESIDENT & CEO
Phone
(703) 860-3337
Return prepared by
CBIZ ADVISORS LLC

Mission

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.

990 for the year ended July 31, 2025

Program accomplishments

  • 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.
    Expenses $4,085,530 · revenue $4,294,819
  • 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.
    Expenses $1,311,870 · grants $222,792 · revenue $1,284
  • 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.
    Expenses $743,162 · revenue $2,139,714
  • 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.
    Expenses $414,590

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
23-7157445
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Group exemption
Exempt since
1971
Accounting year ends
July
Files
Form 990 or 990-EZ
Group exemption
2205 (48 member organizations)
Assets (IRS master file)
$11,687,019
Income (IRS master file)
$7,789,804

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$7,401,593$8,657,279$11,687,019XML
990-TJuly 2025–––IRS
990July 2024$8,730,104$9,295,060$11,447,434IRS
990-TJuly 2024–––IRS
990July 2023$5,211,463$7,549,571$9,405,498XML
990-TJuly 2023–––IRS
990July 2022$9,363,546$8,277,766$12,546,685IRS
990-TJuly 2022–––IRS
990July 2021$583,574$602,105$10,435,182IRS
990-TJuly 2021–––IRS
990June 2021$3,939,641$4,162,587$10,851,342IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7157445).

Questions about FUTURE BUSINESS LEADERS OF AMERICA- INC

What is the EIN of FUTURE BUSINESS LEADERS OF AMERICA- INC?
The employer identification number (EIN) of FUTURE BUSINESS LEADERS OF AMERICA- INC is 23-7157445.
Is FUTURE BUSINESS LEADERS OF AMERICA- INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to FUTURE BUSINESS LEADERS OF AMERICA- INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Group exemption).
Which annual return does FUTURE BUSINESS LEADERS OF AMERICA- INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FUTURE BUSINESS LEADERS OF AMERICA- INC due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FUTURE BUSINESS LEADERS OF AMERICA- INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of FUTURE BUSINESS LEADERS OF AMERICA- INC?
The 990 for the year ended July 31, 2025 names JENNIFER WOODS.
Who are the officers and directors of FUTURE BUSINESS LEADERS OF AMERICA- INC?
The 990 for the year ended July 31, 2025 lists 23 people; 6 received compensation from the organization, the highest $166,661 (ROBERT HOLST, DIRECTOR OF FINANCE - UNTIL 07/25).
How much revenue does FUTURE BUSINESS LEADERS OF AMERICA- INC have?
On its 990 for the year ended July 31, 2025 it reported revenue of $7,401,593, expenses of $8,657,279 and total assets of $11,687,019 at year end.

Organizations in its group exemption (48)

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