Maryland · Nonprofit
BUSINESS FOR A FAIR MINIMUM WAGE INC
BUSINESS FOR A FAIR MINIMUM WAGE INC (Maryland) receives grants from 2 organizations whose IRS filings report $1,459,000 to it, the largest being NATIONAL EMPLOYMENT LAW PROJECT ($1,334,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $394k
- Funders on record
- 2
- Grants received
- $1.5M
- Net assets
- $2k
What Business for a Fair Minimum Wage Inc does
Mission
To educate about the business case for a higher minimum wage, and to organize and publicize business support for raising the minimum wage and other fair employment policies.
As stated on its FY2024 Form 990.
Program
Educate and organize business leaders in support of a higher minimum wage and other fair employment policies at the federal, state and local level. Share business views with policymakers and the public through policy memos and reports, meetings, briefings, hearings, press events, business tours and more. Identify, train and engage diverse business spokespeople for public events, media requests and hearings. Make the business and economic case for raising the minimum wage and other fair employment policies through opinion media, news media and social media.
$377,078 spent$225,000 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $377,078.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $157k to $45k (−72%).
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.
43% of BUSINESS FOR A FAIR MINIMUM WAGE INC’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.
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.
Chief executive
Holly Sklar
President & CEO
As listed on its FY2024 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $10k → $340k.
From the IRS filings of BUSINESS FOR A FAIR MINIMUM WAGE INC’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 FOR A FAIR MINIMUM WAGE INC leans on a few funders — its largest provides 91% 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 FOR A FAIR MINIMUM WAGE INC.
Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 63% — diversifying over time.
“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
BUSINESS FOR A FAIR MINIMUM WAGE INC draws 100% of its grant income from funders outside Maryland, across 2 states in all.
In-state vs out-of-state, by year
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.
Against its field
BUSINESS FOR A FAIR MINIMUM WAGE INC's funding base is broadening — from 1 funders to 2 as grant income climbed.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Organizations like BUSINESS FOR A FAIR MINIMUM WAGE INC
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 Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
94% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for BUSINESS FOR A FAIR MINIMUM WAGE INC: 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.
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 FOR A FAIR MINIMUM WAGE INC?
- BUSINESS FOR A FAIR MINIMUM WAGE INC (Maryland) receives grants from 2 organizations whose IRS filings report $1,459,000 to it, the largest being NATIONAL EMPLOYMENT LAW PROJECT ($1,334,000). 1 of them have funded it in more than one year.
- How many funders does BUSINESS FOR A FAIR MINIMUM WAGE INC have?
- IRS filings report 2 organizations giving $1,459,000 in grants to BUSINESS FOR A FAIR MINIMUM WAGE INC, 1 of which have funded it in more than one year.
- Who is the largest funder of BUSINESS FOR A FAIR MINIMUM WAGE INC?
- NATIONAL EMPLOYMENT LAW PROJECT is the largest funder on record, with $1,334,000 in grants. The full list of funders is on this page.
- How can an organization like BUSINESS FOR A FAIR MINIMUM WAGE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Business for a Fair Minimum Wage →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 2 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