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US nonprofit · EIN 832618697 · N Bethesda, MDiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 832618697)Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe tenure.Latest return IRS Form 990 series e-file data - 990 for the year to 31 December 2024: assets, liabilities, staff, website, telephone, pay, related organisations (Schedule R), grants paid (Schedule I).Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue (us-approach-v4-clean). Not a statement that the organisation is recruiting.Principal officer IRS Form 990-N (e-Postcard) - principal officer named for tax year 2019.Licence US Federal Government public domain.How we handle data

Business Action Fund

Revenue
$56k
year to 31 December 2024
Expenses
$52k
year to 31 December 2024
Total assets
$383k
$20k liabilities
Net assets
$363k
assets less liabilities
Directors and trustees
4
4.4y av
Staff
0
4 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
4
named in Part VII
How am I connected?

Business Action Fund's network

4 people1 organisationi4 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (4). Violet dotted lines (3) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

4 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 4 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
David BorrisPresident2020
6 yrs
Isral DebruinBoard Member2023
3 yrs
J Kelly ConklinTreasurer2022
4 yrs
Thomas Lee JohnsonBoard Member2023
3 yrs
Under 5 years5 to 6 years6 years or more

Officers and senior leadership

4 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Chanda CauserExecutive Director Until February 20242024
Reshonda YoungCompany secretary2022
Richard TrentExecutive Director Since April 20242024
Stephen MichaelExecutive Director2020

Pay and hours

year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Richard TrentExecutive Director Since April 202440$0$132k$4k
Chanda CauserExecutive Director Until February 202440$0$31k
David BorrisPresident1$0
J Kelly ConklinTreasurer1$0
Thomas Lee JohnsonBoard Member1$0
Isral DebruinBoard Member1$0

About

Legal name
Business Action Fund
EIN
832618697
Address
909 Rose Ave Ste 400, N Bethesda, MD, 20852-8758
State
Maryland
Mission
Business action fund supports its flagship project, main street action, to advocate and lobby for small business interests and to support business owners to advocate for their own interests by telling their own stories about what makes their businesses successful and what types of policies would help their businesses thrive. (as filed on the Form 990)
IRS classification
501(c)04 (tax-exempt under section 501(c)(3) where shown)
Size band
4 (IRS master file code)
Formed
2018
Principal officer
Richard Trent (as named on the Form 990)
IRS ruling date
1 October 2020
Status
Code 01 (unconditional exemption)
Form 990 filings on record
4, latest 2024

Most connected

Related organisations (Schedule R)

RelatedSUPPORTING SMALL BUSINESSESBusiness Education Fund

Longest observed on the filings

≥6years on the filingsDavid Borris
≥4years on the filingsJ Kelly Conklin
≥3years on the filingsIsral Debruin
≥3years on the filingsThomas Lee Johnson

Latest return

year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.
Total assets
$383k
Total liabilities
$20k
Net assets or fund balances
$363k
Contributions and grants received
$50k
Program service revenue
$0
Grants and similar paid out
$6k
Employees
0
Volunteers
4

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$56k$52k$4k

As filed on the IRS Form 990. US dollars.

Grants paid

1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.
RecipientPurposeAmount
Business Education Fund$6k