Business For A Fair Minimum Wage Inc

Community Development · Silver Spring, Maryland

8705 Colesville Road Ste B Unit 300, Silver Spring, MD 20910-3903

EIN: 825423675· Founded: Feb 2021· 5 years active· Filing Year: 2023

Annual Revenue

$499K

Total Expenses

$535K

Total Assets

$9K

Program Spending

15%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$263K

49.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$80K

Total Payroll

$343K

64% of total expenses

Where the Money Goes

15%

Programs: 15%

Payroll: 64%

Other overhead: 85%

Program Revenue$80K (16%)

Total Expenses$535K (100%)

Payroll$343K (64%)

Overhead (non-program)85%

Trust Score Breakdown

Program Spending Ratio

15% of expenses go to programs

40%

Revenue & Stability

$499K annual revenue

15%

Executive Compensation

$263K total officer comp (49.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$9K in assets

10%

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