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Nonprofit · EIN 26-4336291

BUSINESS FORWARD INC

Tax-exempt · WASHINGTON, DC 20005

Financials

$3.3M$2.7M2023$3.3M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of BUSINESS FORWARD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,341,546$3,439,861-$98,315$4,083,636$1,900$4,081,736
December 31, 2023990$3,317,196$2,697,460$619,736$4,180,051$0$4,180,051
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,165,245
Membership dues
$1,997,500
Program service revenue
$0
Investment income
$176,301
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,096,250
Other salaries and wages
$367,428
Salaries, compensation and benefits (total)
$1,616,377
Professional fundraising fees
$0
Legal fees
$5,576
Accounting fees
$35,590
Occupancy
$247,305
Travel
$89,502
Depreciation
$6,236

Balance sheet and other

Total assets, start of year
$4,180,051
Total assets, end of year
$4,083,636
Total liabilities, end of year
$1,900
Net assets, end of year
$4,081,736
Gross receipts
$3,341,546
Employees
6
Volunteers
0
Year formed
2009
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JAMES DOYLEOFFICER-DIRECTOR
Trustee or director, Officer
20$950,000$0$21,000
ELIZABETH FAIRCHILDEXECUTIVE DIRECTOR
Key employee
20$146,250$156,938$688
CARRIE GAYEMPLOYEE
Highest-paid employee
20$132,000$0$0
ERIK SMITHDIRECTOR
Trustee or director
1$0$0$0
JACKSON DUNNDIRECTOR
Trustee or director
1$0$0$0
ADAM HITCHCOCKDIRECTOR
Trustee or director
1$0$0$0
AMY DACEYDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JAMES DOYLEOFFICER-DIRECTOR
Trustee or director, Officer
20$625,000$275,000$68,202
ELIZABETH FAIRCHILDEMPLOYEE
Key employee
20$150,000$150,000$7,876
ERIK SMITHDIRECTOR
Trustee or director
1$0$0$0
JACKSON DUNNDIRECTOR
Trustee or director
1$0$0$0
ADAM HITCHCOCKDIRECTOR
Trustee or director
1$0$0$0
AMY DACEYDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
601 13TH ST NW 12TH FLOOR, WASHINGTON, DC 20005-3819
In care of
% JAMES DOYLE
Principal officer (990 for 2024)
JAMES DOYLE, 601 13TH ST NW 12TH FLOOR, WASHINGTON, DC 20005
Signed the 990
JAMES DOYLE, OFFICER
Phone
(202) 861-1270
Return prepared by
BSC GROUP LLC

Mission

BUSINESS FORWARD BUILDS SUPPORT FOR POLICIES THAT PROMOTE AMERICA'S ECONOMIC COMPETITIVENESS. TOGETHER WITH MANY OF THE WORLD'S LARGEST COMPANIES, WE RECRUIT, BRIEF AND ASSIST FORTUNE 1000 EXECUTIVES, SMALL BUSINESS OWNERS, INVESTORS AND ENTREPRENEURS LOOKING FOR A MEANINGFUL WAY TO PARTICIPATE IN POLICY DEBATES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION COMMUNICATES WITH THE BUSINESS COMMUNITY AND ITSMEMBERS ON ISSUES IMPORTANT TO THE ORGANIZATION.
  • THE ORGANIZATION SPONSORS BRIEFINGS, PANELS AND OTHEREVENTS THROUGHOUT THE COUNTRY FOCUSING ON HEALTH CARE, CLEANENERGY, EDUCATION, ENVIRONMENTAL REFORMS AND OTHER PUBLIC POLICYAREAS.
  • THE ORGANIZATION CONDUCTS PRESS BRIEFINGS AND OUTREACH TO GAINPOSITIVE AND EFFECTIVE DISSEMINATION OF THE ORGANIZATION'SACTIVITIES, TO ENCOURAGE PARTICIPATION, AND TO PROMOTE THEORGANIZATION'S CONTENT.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-4336291
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,083,636
Income (IRS master file)
$3,341,546

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,341,546$3,439,861$4,083,636IRS
990December 2023$3,317,196$2,697,460$4,180,051XML
990December 2022$3,662,919$2,490,728$3,560,315IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-4336291).

Questions about BUSINESS FORWARD INC

What is the EIN of BUSINESS FORWARD INC?
The employer identification number (EIN) of BUSINESS FORWARD INC is 26-4336291.
Is BUSINESS FORWARD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2010.
Are donations to BUSINESS FORWARD INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BUSINESS FORWARD INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BUSINESS FORWARD INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BUSINESS FORWARD INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BUSINESS FORWARD INC?
The 990 for the year ended December 31, 2024 names JAMES DOYLE.
Who are the officers and directors of BUSINESS FORWARD INC?
The 990 for the year ended December 31, 2024 lists 7 people; 3 received compensation from the organization, the highest $950,000 (JAMES DOYLE, OFFICER-DIRECTOR).
How much revenue does BUSINESS FORWARD INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,341,546, expenses of $3,439,861 and total assets of $4,083,636 at year end.

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