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Maine · Nonprofit

BUSINESS EDUCATION PARTNERSHIP FOUNDATION

BUSINESS EDUCATION PARTNERSHIP FOUNDATION (Maine) receives grants from 3 organizations whose IRS filings report $1,435,998 to it, the largest being Maine Workers Compensation Policyholder Trust ($1,405,998). 1 of them have funded it in more than one year.

Revenue FY2024
$854k
Funders on record
3
Grants received
$1.4M
Net assets
$61k
1/3 repeat funderspeak grant-dependency 66%
01What it does

What Business Education Partnership Foundation does

Mission

Connecting people, training and employment

As stated on its FY2024 Form 990.

Programs

  1. The Business Education Partnership Foundation works to advance workforce development by providing access to professional training programs and initiatives. By fostering connections among employers, students, and community organizations, the foundation cultivates strategic partnerships that contribute to the development of a highly skilled and adaptable workforce. Additionally, it empowers businesses in their efforts to recruit and retain employees while promoting the importance of lifelong learning within the professional community. Grants were awarded to 7 non-profit organizations and 70 individuals.

    $435,785 spentof which $364,478 as grants
    52% of program spending
  2. The Business Education Partnership Foundation distributed micro-grants to businesses that were negatively impacted by the severe winter storm in december 2023 in maine. In 2024, 186 small grants were awarded.

    $407,092 spentof which $407,092 as grants
    48% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $842,877.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($130k) Expenses 100 ($167k) Net assets 100 ($35k)2023 Revenue 254 ($329k) Expenses 175 ($291k) Net assets 208 ($73k)2024 Revenue 658 ($854k) Expenses 519 ($866k) Net assets 173 ($61k)
202220232024
Revenue (658)Expenses (519)Net assets (173)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $131k to $61k (−54%).

$102k
$131k
$61k
202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 38% · 2024 20%. Grants only. Government contracts and fees sit inside program revenue.

100% of BUSINESS EDUCATION PARTNERSHIP FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (54% for the typical peer).

This organization
Typical peer · 2,338 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 reported years ran a deficit.

−$37k
’22
$38k
’23
−$12k
’24
0.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20232024
Listed66
Joined·+0
No longer listed·0
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income rose $57k → $216k.

From the IRS filings of BUSINESS EDUCATION PARTNERSHIP FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BUSINESS EDUCATION PARTNERSHIP FOUNDATION leans on a few funders — its largest provides 98% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BUSINESS EDUCATION PARTNERSHIP FOUNDATION.

98%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of BUSINESS EDUCATION PARTNERSHIP FOUNDATION's grant income comes from Maine funders.

ME

In-state vs out-of-state, by year

’20
’21
’22
’23
Maine out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BUSINESS EDUCATION PARTNERSHIP FOUNDATION has grown faster than three-quarters of the 2,276 employment nonprofits its size.

Operating margin−1% · below the median
Months of reserve0.8mo · bottom quartile
Revenue growth (annualized)157% · top quartile

this organization peer median middle 50% of peers· 2,276 employment nonprofits $100k–$1M, FY2024

Organizations like BUSINESS EDUCATION PARTNERSHIP FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maine

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

97% of spending goes to programs.

Program 97%Management 3%Fundraising 0%

Governance

5
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

40%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for BUSINESS EDUCATION PARTNERSHIP FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BUSINESS EDUCATION PARTNERSHIP FOUNDATION?
BUSINESS EDUCATION PARTNERSHIP FOUNDATION (Maine) receives grants from 3 organizations whose IRS filings report $1,435,998 to it, the largest being Maine Workers Compensation Policyholder Trust ($1,405,998). 1 of them have funded it in more than one year.
How many funders does BUSINESS EDUCATION PARTNERSHIP FOUNDATION have?
IRS filings report 3 organizations giving $1,435,998 in grants to BUSINESS EDUCATION PARTNERSHIP FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of BUSINESS EDUCATION PARTNERSHIP FOUNDATION?
Maine Workers Compensation Policyholder Trust is the largest funder on record, with $1,405,998 in grants. The full list of funders is on this page.
How can an organization like BUSINESS EDUCATION PARTNERSHIP FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maine. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing