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CHARITY REVIEW
Issued: October 2024 Expires: October 2026

Team Red, White and Blue

Standards Not Met
Standards Not Met
1 3 6 7 18
Post Office Box 127
Floyds Knobs, IN, 47119

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Team Red, White and Blue does not meet the following 5 Standards for Charity Accountability:

Standard 1 (Oversight of Operations and Staff)
Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.

Team RWB does not meet this Standard because its board of directors does not:

  • Have a voting member of the board who is assigned the responsibility of serving as the treasurer. 

Standard 3 (Frequency and Attendance of Board Meetings)
An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

Team RWB does not meet this Standard because:

  • The board of directors held one meeting in 2023.

Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

Team RWB does not meet this Standard because:

  • The board of directors does not have a written policy stating that, at least every two years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.

Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

Team RWB does not meet this Standard because:

  • The organization has not completed an effectiveness assessment in the last two years.

Standard 18 (Privacy for Written Appeals & Internet Privacy)
Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.

Team RWB does not meet this Standard because the privacy policy on the organization's website, https://teamrwb.org/, does not indicate:

  • What security measures are in place to protect personal information that is collected.

The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 14

Team Red, White and Blue meets the remaining 14 Standards for Charity Accountability.

Stated Purpose:
"to enrich veterans' lives by forging America's leading veteran health and wellness community."

Year, State Incorporated:
2010, MI

Team Red, White and Blue (Team RWB) reports that its 154 local chapters and members host fitness, social, and service events that allow veterans to build healthy lifestyles. The organization's in-app program works to build strong friendships, support physical activity, and educate veterans on mindfulness, quality sleep, and nutrition. Team RWB also hosts Monthly Missions workouts to drive engagement and a Veteran Employee Resource Group (VRG) to help businesses and their veteran employees. In 2023, the organization reports that its app hosted 17,000 monthly users and its chapters held 16,770 in-person events.

For the year ended December 31, 2023, Team Red, White and Blue's program expenses were:

Program services: $5,100,528

Total Program Expenses: $5,100,528

Chief Executive
Mike Erwin, Executive Director

Compensation*
$128,820

Chair of the Board
Coleman Ruiz

Chair's Profession / Business Affiliation
Partner, Anchor Capital Holdings

Board Size
11

Paid Staff Size
38

*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Note: In 2023, Deputy Director John Pinter was the highest compensated employee, receiving $143,569 in compensation.

Method(s) Used:
Grant proposals, Direct mail appeals, Radio

Fundraising costs were 15% of related contributions. (Related contributions, which totaled $5,682,186 are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Team Red, White and Blue's audited financial statements for the year ended December 31, 2023.

Source of Funds
Grants $2,423,000
Contributions $1,792,979
Merchandise sales $177,672
In-kind contributions $590,112
Investments income, net $517,083
Other income $31,995
Special events $876,095
Total Income $6,408,936

Programs: 76% Fundraising: 13% Administrative: 10%

Total Income $6,408,936
Total expenses: $6,677,080
  Program expenses $5,100,528
  Fundraising expenses $882,292
  Administrative expenses $694,260
  Other expenses $0
Income in Excess of Expenses $-268,144
Beginning Net Assets $10,222,576
Other Changes In Net Assets $0
Ending Net Assets $9,954,432
Total Liabilities $109,513
Total Assets $10,063,945

Note: According to Team RWB's 2023 audited financial statements, the organization received $590,112 in contributed goods and services including merchandise and athletic gear ($354,085), advertising and marketing services ($114,653), chapter expenses ($86,374), and legal services ($35,000).

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Wise Giving Alliance