BUSINESS EDUCATION FUND

EIN: 842969730 501(c)(3) Philanthropy & Grantmaking

NORTH BETHESDA, MD

Total Revenue
$1,035,739
Total Expenses
$1,457,509
Total Assets
$1,298,417
Net Assets
$1,287,838
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
DC
Principal Officer
RICHARD TRENT
Phone
3019650280
Tax Period
2023-01-01 to 2023-12-31

BUSINESS EDUCATION FUND, founded in 2018, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.0M in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 41% operating deficit.

Mission

BUSINESS EDUCATION FUND SUPPORTS ITS FLAGSHIP PROJECT, MAIN STREET ALLIANCE, TO: ENSURE AUTHENTIC SMALL BUSINESS OWNERS THEMSELVES ARE PART OF DEFINING THE PROBLEM AND INFORMING POLICY SOLUTIONS SO THAT THE NEEDS OF EVEN THE SMALLEST AND LEAST CONNECTED BUSINESSES ARE HEARD; RECRUIT AND SUPPORT SMALL BUSINESS OWNERS TO SHARE POWERFUL STORIES TO HIGHLIGHT THE REAL NEEDS OF SMALL BUSINESS; AND SHIFT THE NARRATIVE - IN THE MEDIA, WITH DECISION-MAKERS, AND WITHIN MORE MAINSTREAM BUSINESS GROUPS - ABOUT PRIORITIES FOR MAIN STREET SMALL BUSINESS ECONOMY.

Program Service Accomplishments

Program 1
Expenses: $1,220,888 Revenue: $25,000

MAIN STREET ALLIANCE: BUSINESS EDUCATION FUND DBA MAIN STREET ALLIANCE CONTINUES TO TRAIN AND DEVELOP SMALL BUSINESS OWNERS ON ISSUES THAT IMPACT LOCAL ECONOMIES AND THEIR COMMUNITIES IN ORDER TO...

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MAIN STREET ALLIANCE: BUSINESS EDUCATION FUND DBA MAIN STREET ALLIANCE CONTINUES TO TRAIN AND DEVELOP SMALL BUSINESS OWNERS ON ISSUES THAT IMPACT LOCAL ECONOMIES AND THEIR COMMUNITIES IN ORDER TO ADVANCE LOCAL ECONOMIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,008,684
Program Service Revenue $25,000
Investment Income $2,055
Other Revenue $0
TOTAL REVENUE $1,035,739

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,042,626
Fundraising Expenses $93,592
Program Expenses $1,220,888
Other Expenses $414,883
TOTAL EXPENSES $1,457,509

Year-over-Year Comparison

2023 2022 Change
Revenue $1,035,739 $1,999,588 -0.5%
Expenses $1,457,509 $1,367,112 +0.1%
Net Income $-421,770 $632,476 -1.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
5
Employees
15
Volunteers
6

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$193,812
Total Directors
7
$193,812
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHANDA CAUSER EXECUTIVE DIRECTOR 40
Officer Director
$192,013 $1,799 $193,812
J KELLY CONKLIN PRESIDENT 1
Officer Director
$0 $0 $0
DAVID BORRIS TREASURER 1
Officer Director
$0 $0 $0
JOSIE KALIPENI BOARD MEMBER 1
Director
$0 $0 $0
THOMAS LEE JOHNSON BOARD MEMBER 1
Director
$0 $0 $0
ISRAL DEBRUIN BOARD MEMBER 1
Director
$0 $0 $0
TIM LAMPKIN BOARD MEMBER 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,035,739 $1,457,509 $1,298,417 $-421,770
2022 $1,999,588 $1,367,112 $1,725,500 $632,476
2021 $2,174,881 $2,467,154 $1,151,024 $-292,273
2020 $2,747,199 $1,377,794 $1,576,100 $1,369,405
2020 $3,197,655 $1,601,401 $1,669,604 $1,596,254
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