Business for a Fair Minimum Wage Inc

Community development organization based in Silver Spring, MD.0 Exempt under §501(c)(4).

MissionTO 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.

Financial snapshot · TY 2024

$394K
Total revenue
$401K
Total expenses
$2K
Net assets

Financial health · TY 2024

60
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
0.1 months of expenses
Program efficiency
100
94.1% spent on programs
Revenue diversity
98
Mix of program fees, grants & contributions

Leadership compensation

Holly Sklar
PRESIDENT & CEO
$149,000
88th percentile vs. peers

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