BIZDOM

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

LAURA GRANNEMANN

Phone

3137304801

Tax Period

2023-01-01 to 2023-12-31

Mission

TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES BY ESTABLISHING, MAINTAINING AND OPERATING ACADEMIES DEVOTED TO TEACHING BUSINESS AND ENTREPRENEURIAL SKILLS TO STUDENTS WITH THE INTENT OF TRAINING, MENTORING AND SUPPORTING ASPIRING ENTREPRENEURS IN THE CREATION, DEVELOPMENT, AND ONGOING MANAGEMENT OF SUCCESSFUL BUSINESS VENTURES WITH A NEXUS TO DETROIT, MICHIGAN OR CLEVELAND, OHIO.

Program Service Accomplishments

Program 1

PROVIDE TRAINING AND MENTORING TO ASPIRING ENTREPRENEURS TO OPEN INNOVATIVE, GROWTH-ORIENTED, DETROIT OR CLEVELAND TECH-BASED START-UPS. WE PROVIDED OUR SERVICES TO NEW START-UPS IN THE CITY OF...

PROVIDE TRAINING AND MENTORING TO ASPIRING ENTREPRENEURS TO OPEN INNOVATIVE, GROWTH-ORIENTED, DETROIT OR CLEVELAND TECH-BASED START-UPS. WE PROVIDED OUR SERVICES TO NEW START-UPS IN THE CITY OF DETROIT AND NEW START-UPS IN THE CITY OF CLEVELAND.

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Trantor Score

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

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

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

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