everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Business For A Fair Minimum Wage Inc

Silver Spring, MD / EIN 82-5423675 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2018198,250236,331−38,081-1.9
2019443,549374,33869,2111.068%
2020450,250434,59315,6571.369%
2021579,207468,644110,5634.067%
2022359,150471,990−112,8401.169%
2023498,695534,697−36,0020.264%

In its most recent public year (2023), this organization spent $36,002 more than it brought in. Its reserves stood at about 0.2 months of spending, up from -1.9 in 2018. Staff pay was 64% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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