CSCharityScored
79

Business Expansion Funding Corp

Other · Charlotte, North Carolina

5970 Fairview Rd Ste 218, Charlotte, NC 28210-3124

EIN: 561434029· Founded: Nov 1988· 38 years active· Filing Year: 2023

Annual Revenue

$3.8M

Total Expenses

$2.6M

Total Assets

$6.7M

Program Spending

124%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$263K

10.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.5M

Total Payroll

$1.8M

67% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 67%
Other overhead: -24%
Program Revenue$3.2M (84%)
Total Expenses$2.6M (68%)
Payroll$1.8M (67%)
Overhead (non-program)-24%

Trust Score Breakdown

Program Spending Ratio

124% of expenses go to programs

40%

Revenue & Stability

$3.8M annual revenue

15%

Executive Compensation

$263K total officer comp (10.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$6.7M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.