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Nonprofiteer
← BDC ACTION FUND INC

Form 990 for tax year 2024

Filed by BDC ACTION FUND INC.

Totals

Total revenue
$2,502,830
Total expenses
$3,204,985
Contributions and grants received
$2,500,000
Grants paid
$630,000
Program services expenses (Part IX)
$3,165,307
Management and general expenses
$14,678
Fundraising expenses
$25,000
Program service expenses (Part III)
$3,165,307

Program services were 98.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • PANAMA BARTHOLOMY

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4
  • DONALD SIMON

    SECRETARY

    Total calculated
    $0
    Hours/week
    4
  • RICK BROWN

    TREASURER

    Total calculated
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
14 October 2025
IRS schema version
2024v5.2
Source object
202522879349301867

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