BIZDOM FUND (EIN 260730096) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

LAURA GRANNEMANN

Phone

3137304801

Tax Period

2023-01-01 to 2023-12-31

BIZDOM FUND, founded in 2009, is a micro nonprofit in the Youth Development sector that reported $23K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $43K exceeded revenue, resulting in a 89% operating deficit.

Mission

TO ASSIST BIZDOM ENTREPRENEURS IN ADVANCING THEIR BUSINESS VENTURES IN THE DETROIT AND CLEVELAND AREAS, AND TO PROVIDE FUNDING FOR PARTICIPANTS OF THE ACADEMY.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $22,516

Other Revenue $0

TOTAL REVENUE $22,516

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $42,601

TOTAL EXPENSES $42,601

Year-over-Year Comparison

	2023	2022	Change
Revenue	$22,516	$37,934	-0.4%
Expenses	$42,601	$8,359	+4.1%
Net Income	$-20,085	$29,575	-1.7%

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

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
JACOB COHEN	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW RIZIK	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	$22,516	$42,601	$3,110,178	$-20,085
2022	$37,934	$8,359	$2,979,862	$29,575
2021	$44,807	$11,206	$2,955,051	$33,601
2020	$-25,268	$157,660	$2,766,038	$-182,928
2019	$40,469	$135,945	$2,950,299	$-95,476
2018	No data	$96,012	$2,629,071	No data

BIZDOM FUND