87
Bac Funding Corporation
Community Development · Miami, Florida
2525 Nw 62Nd Street, Miami, FL 33147-7716
EIN: 592196535· Founded: Jul 1982· 44 years active· Filing Year: 2023
Annual Revenue
$3.9M
Total Expenses
$3.6M
Total Assets
$13.1M
Program Spending
107%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$175K
4.9% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$256K
Total Payroll
$431K
12% of total expenses
Where the Money Goes
100%
Programs: 100%
Payroll: 12%
Other overhead: -7%
Program Revenue$3.8M (97%)
Total Expenses$3.6M (91%)
Payroll$431K (12%)
Overhead (non-program)-7%
Trust Score Breakdown
Program Spending Ratio
107% of expenses go to programs
Revenue & Stability
$3.9M annual revenue
Executive Compensation
$175K total officer comp (4.9% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$13.1M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.