BUSINESS INVESTMENT GROWTH INC (EIN 742764780) - Form 990 Financial Analysis & Trantor Score

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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

1995

Legal Domicile

Principal Officer

STACY D RHONE

Phone

5129288010

Tax Period

2024-01-01 to 2024-12-31

BUSINESS INVESTMENT GROWTH INC, founded in 1995, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year.

Mission

BIGAUSTIN ASSISTS SMALL BUSINESSES WITH SUCCESSFUL GROW BY PROVIDING COMPREHENSIVE EDUCATION, TAILORED BUSINESS COUNSELING, AND FLEXIBLE LOANS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,007,816

Program Service Revenue $20,905

Investment Income $147

Other Revenue $0

TOTAL REVENUE $1,028,868

Expense Breakdown

Grants Paid $41,267

Salaries & Benefits $663,618

Fundraising Expenses $470,349

Program Expenses $252,078

Other Expenses $414,052

TOTAL EXPENSES $1,118,937

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,028,868	$1,224,853	-0.2%
Expenses	$1,118,937	$898,370	+0.2%
Net Income	$-90,069	$326,483	-1.3%

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

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

$145,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEVERLY WATTS DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
LINDA YOUNG	SECRETARY	2.00	Officer Director	$0	$0	$0
DONNA MYERS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MELVIN WRENN	CHAIRPERSON	3.00	Officer Director	$0	$0	$0
STACY DUKES RHONE	EXECUTIVE DIRECTOR	40.00	Key Emp	$145,000	$0	$145,000
ALFRED JACKSON	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	$1,028,868	$1,118,937	$181,182	$-90,069
2023	$1,224,853	$898,370	$261,077	$326,483
2022	$883,158	$626,428	$152,112	$256,730
2021	$3,152,903	$1,411,761	$2,922,497	$1,741,142
2020	$320,952	$537,052	$6,167,728	$-216,100

BUSINESS INVESTMENT GROWTH INC