BIZSTARTS MILWAUKEE INC

EIN: 261766033 501(c)(3) Youth Development

MILWAUKEE, WI

Total Revenue
$996,899
Total Expenses
$985,400
Total Assets
$654,052
Net Assets
$544,168
🔒

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
2008
Legal Domicile
WI
Principal Officer
PATRICK SNYDER
Phone
4149732334
Tax Period
2023-01-01 to 2023-12-31

BIZSTARTS MILWAUKEE INC, founded in 2008, is a small nonprofit in the Youth Development sector that reported $997K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Program Service Accomplishments

Program 1
Expenses: $513,845 Revenue: $0

Coaching program - BizStarts offers one-on-one, ongoing coaching at no cost to anyone thinking about starting a business who is located in Wisconsin. During coaching appointments, participants are...

Read more

Coaching program - BizStarts offers one-on-one, ongoing coaching at no cost to anyone thinking about starting a business who is located in Wisconsin. During coaching appointments, participants are able to make an appointment with one of our coaches who can answer business questions, offer small business technical assistance, recommend next steps, and connect to the business resources and mentors they need to start and grow their business.

Program 2
Expenses: $27,392 Revenue: $0

Mentor program - BizStarts Mentor Program consists of seasoned volunteers from the corporate and entrepreneurial community. BizStarts coaches connect entrepreneurs to mentors based on the...

Read more

Mentor program - BizStarts Mentor Program consists of seasoned volunteers from the corporate and entrepreneurial community. BizStarts coaches connect entrepreneurs to mentors based on the entrepreneurs challenges and the mentors area of expertise. Coaches may connect entrepreneurs directly to mentors after a coaching appointment or they may invite the entrepreneur to present at BizStarts Mentor Forum. At the Mentor Forum, the entrepreneur presents their current business challenges to a panel of BizStarts mentors. Our highly skilled mentor network provide real time feedback, connections, and help overcoming specific challenges. 1-3 mentors volunteer to work with the entrepreneur after the Formum.

Program 3
Expenses: $220,392 Revenue: $0

The BizStarts Community Market opened its doors in October 2023 as a hub for entrepreneurs to learn and grow. It hosts BizStarts programming, including the BizStarts Institute and a variety of...

Read more

The BizStarts Community Market opened its doors in October 2023 as a hub for entrepreneurs to learn and grow. It hosts BizStarts programming, including the BizStarts Institute and a variety of monthly workshops. When not used for programming, the space operates as a store and caf where entrepreneurs can sell their products to the Milwaukee community. BizStarts supports each entrepreneur in preparing their products for retail, providing sales reports to assist them in expanding to other retail locations.

🔒

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 $986,644
Program Service Revenue $0
Investment Income $0
Other Revenue $10,255
TOTAL REVENUE $996,899

Expense Breakdown

Grants Paid $0
Salaries & Benefits $387,572
Fundraising Expenses $54,994
Program Expenses $761,629
Other Expenses $597,828
TOTAL EXPENSES $985,400

Year-over-Year Comparison

2023 2022 Change
Revenue $996,899 $808,515 +0.2%
Expenses $985,400 $497,120 +1.0%
Net Income $11,499 $311,395 -1.0%
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
30
Independent Members
30
Employees
19
Volunteers
45

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
4
$164,873
Total Directors
34
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK SNYDER EXECUTIVE DIRECTOR/PRESIDENT 40.00
Officer
$150,750 $14,123 $164,873
FRANK CUMBERBATCH BOARD CHAIR 2.00
Officer Director
$0 $0 $0
BILL FLEMING TREASURER 2.00
Officer Director
$0 $0 $0
GLENN MARGRAFF SECRETARY 1.00
Officer Director
$0 $0 $0
ROXANNE BAUMANN DIRECTOR 1.00
Director
$0 $0 $0
SCOTT BRUNNER DIRECTOR 1.00
Director
$0 $0 $0
JOEL BURROW DIRECTOR 1.00
Director
$0 $0 $0
GILLIAN CHAMBERLIN DIRECTOR 1.00
Director
$0 $0 $0
MARIO CORTEZ DIRECTOR 1.00
Director
$0 $0 $0
RUBEN GAONA DIRECTOR 1.00
Director
$0 $0 $0
LAURA GOUGH DIRECTOR 1.00
Director
$0 $0 $0
ANN HANNA DIRECTOR 1.00
Director
$0 $0 $0
COREY HOZE DIRECTOR 1.00
Director
$0 $0 $0
ED JAVIER DIRECTOR 1.00
Director
$0 $0 $0
LARA LEE DIRECTOR 1.00
Director
$0 $0 $0
JASMINE MERCADO DIRECTOR 1.00
Director
$0 $0 $0
JOE MIOTKE DIRECTOR 1.00
Director
$0 $0 $0
SHELTON MCCLURE DIRECTOR 1.00
Director
$0 $0 $0
JOHN MCDONALD DIRECTOR 1.00
Director
$0 $0 $0
EMERALD MILLS DIRECTOR 1.00
Director
$0 $0 $0
PASTOR RAYMOND MONK DIRECTOR 1.00
Director
$0 $0 $0
THAIME NANEZ DIRECTOR 1.00
Director
$0 $0 $0
DANIEL NELSON DIRECTOR 1.00
Director
$0 $0 $0
HEATHER NILL DIRECTOT 1.00
Director
$0 $0 $0
JOHN OLIN DIRECTOR 1.00
Director
$0 $0 $0
JOE POECHEL DIRECTOR 1.00
Director
$0 $0 $0
CARMEL RUFFOLO DIRECTOR 1.00
Director
$0 $0 $0
RON SADOFF DIRECTOR 1.00
Director
$0 $0 $0
DAN STEININGER DIRECTOR 1.00
Director
$0 $0 $0
MARIA WATTS DIRECTOR 1.00
Director
$0 $0 $0
BOB WAGNER DIRECTOR 1.00
Director
$0 $0 $0
MIKE WARD DIRECTOR 1.00
Director
$0 $0 $0
GEORGE HINTON ROTATED OFF BOARD IN 2023 1.00
Director
$0 $0 $0
JILL PELISEK ROTATED OFF BOARD IN 2023 1.00
Director
$0 $0 $0
GERARD RANDALL ROTATED OFF BOARD IN 2023 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 $996,899 $985,400 $654,052 $11,499
2022 $808,515 $497,120 $560,621 $311,395
2021 $454,793 $384,114 $232,658 $70,679
2020 $371,324 $354,410 $197,440 $16,914
2019 $383,230 $310,760 $141,393 $72,470
Explore More Nonprofits
Top 100 Nonprofits in Wisconsin Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BIZSTARTS MILWAUKEE INC with other nonprofits in Wisconsin and across the country.