Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
Who runs it and what they're paid
18 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Advocates for business development companies to boost small business lending, job creation, and economic growth.
This section is blank until Coalition for Business Development claims this page.
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The coalition for business development (CBD) is a member-driven, washington-based trade association that advocates exclusively on behalf of business development companies (BDCS) to expand their ability to provide necessary growth capital to small- and middle-market main street businesses so they can expand, invest, and create jobs.
Whereas, membership in CBD is generally open to all business development companies (BDCS) (traded and non-traded) that have a legitimate interest in advancing and promoting certain common business interests associated with business development companies.
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By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $164K | $374K |
| Total assetsLn 16 | $224K | $494K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $224K | $494K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Information technologyLn 14 | $132 | $132 | ||
| Other expenses (24a–d)Ln 24 | $330K | $330K | ||
| Total functional expensesLn 25 | $330K | $330K | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $600K | $330K | $270K | $494K | 990 PDF |
| FY2024 | $180K | $363K | −$183K | $224K | 990 PDF |
| FY2023 | $420K | $423K | −$3K | $407K | 990 PDF |
| FY2022 | $360K | $408K | −$48K | $411K | 990 PDF |
| FY2021 | $450K | $427K | $23K | $459K | 990 PDF |
| FY2020 | $480K | $482K | −$2K | $436K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $600,000 across 2 lines filed
Part IX · Statement of functional expenses $330,212 across 2 lines filed
Part X · Balance sheet $493,848 assets, 7 lines filed
Part XI · Reconciliation of net assets $493,848 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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