BIZNET INCORPORATED (EIN 541675515) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1993

Legal Domicile

Principal Officer

WILLIAM R CROSBY JR

Phone

7579550774

Tax Period

2024-07-01 to 2025-06-30

BIZNET INCORPORATED, founded in 1993, is a small nonprofit in the Human Services sector that reported $139K in total revenue in fiscal year 2017. The organization ran a surplus of $41K, a strong 29% operating margin.

Mission

PROVIDING ADULTS WHO HAVE DEVELOPMENTAL DISABILITIES WITH HOUSING AND DAILY COMMUNITY LIVING OPPORTUNITIES IN SOUTHEASTERN VIRGINIA.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $26,846

Program Service Revenue $189,426

Investment Income $17,314

Other Revenue $4,403

TOTAL REVENUE $237,989

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $968

Program Expenses $234,790

Other Expenses $255,300

TOTAL EXPENSES $255,300

Year-over-Year Comparison

	2024	2023	Change
Revenue	$237,989	$184,039	+0.3%
Expenses	$255,300	$48,046	+4.3%
Net Income	$-17,311	$135,993	-1.1%

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

N/A

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
GARY BARTEL	OFFICER	N/A	Officer	$0	$0	$0
JANET EARNEST	OFFICER	N/A	Officer	$0	$0	$0
EARL SHIRLEY HARPER	OFFICER	N/A	Officer	$0	$0	$0
KAREN HONORE	OFFICER	N/A	Officer	$0	$0	$0
WILLIAM R CROSBY JR	TREASURER	N/A	Officer	$0	$0	$0
TOM LAIDLAW	PRESIDENT	N/A	Officer	$0	$0	$0
ELIZABETH LAKE	COMMUNITY EN	N/A	Officer	$0	$0	$0
JACK LAPKE	OFFICER	N/A	Officer	$0	$0	$0
CHRIS DAVIS MS	VICE PRESIDE	N/A	Officer	$0	$0	$0
JAY T LAZIER PHD	OFFICER	N/A	Officer	$0	$0	$0
JOHN BRYANT RICHARDSON	OFFICER	N/A	Officer	$0	$0	$0
BREESE R SPRUILL	OPERATIONS &	N/A	Officer	$0	$0	$0
JANIS THOMAS	OFFICER	N/A	Officer	$0	$0	$0
SUSAN VERTULLO	OFFICER	N/A	Officer	$0	$0	$0
BECKY WENTWORTH	SECRETARY	N/A	Officer	$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
2025	$237,989	$255,300	$1,494,484	$-17,311
2024	No data	No data	No data	No data
2023	$153,177	$174,300	$1,515,966	$-21,123
2022	$156,761	$211,285	$1,554,878	$-54,524
2021	$143,312	$172,302	$1,627,716	$-28,990
2020	$157,306	$136,425	$1,672,909	$20,881
2019	$154,419	$133,845	$1,666,858	$20,574
2018	$138,688	$97,812	$1,660,629	$40,876

BIZNET INCORPORATED