BIZDOM

EIN: 204775521 501(c)(3) Education

DETROIT, MI

Total Revenue
N/A
Total Expenses
$10,817
Total Assets
$348,625
Net Assets
$-992,202
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MI
Principal Officer
LAURA GRANNEMANN
Phone
3137304801
Tax Period
2023-01-01 to 2023-12-31

Mission

BIZDOM IS A STARTUP ACCELERATOR THAT PROVIDES INTENSE MENTORSHIP TO ENTREPRENEURS LOOKING TO LAUNCH AND GROW INNOVATIVE TECH-BASED STARTUPS IN THE DOWNTOWN URBAN CORES OF DETROIT AND CLEVELAND.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $10,817
TOTAL EXPENSES $10,817

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses $10,817 $5,486 +1.0%
Net Income N/A $-5,486 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA GRANNEMANN PRESIDENT/TREASURER/SECRETARY 1.00
Officer Director
$0 $0 $0
JEFF HELPERN DIRECTOR 1.00
Director
$0 $0 $0
TODD SACHSE DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 No data $10,817 $348,625 No data
2022 No data $5,486 $343,643 No data
2021 No data $7,674 $335,201 No data
2020 No data $9,724 $187,543 No data
2019 No data $256,951 $183,435 No data
2018 No data $5,274 $185,426 No data
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BIZDOM with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.