BUSINESS INFORMATION NETWORK OF LONG ISLAND

EIN: 813375579 Community Improvement

JERICHO, NY

Total Revenue
$98,890
Total Expenses
$105,207
Total Assets
$40,844
Net Assets
$40,844
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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
2016
Legal Domicile
NY
Principal Officer
ANTHONY J CHARLES
Phone
7184941423
Tax Period
2024-01-01 to 2024-12-31

BUSINESS INFORMATION NETWORK OF LONG ISLAND, founded in 2016, is a micro nonprofit in the Community Improvement sector that reported $99K in total revenue in fiscal year 2024.

Mission

THE ENTITY WAS FORMED FOR BUSINESS NETWORKING PURPOSES. THE ORGANIZATION BRINGS PROFESSIONALS TOGETHER TO BRAINSTORM AND SHARE IDEAS TO HELP MEMBERS PROMOTE THEIR OWN BUSINESSES AND THE BUSINESSES OF OTHER MEMBERS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $98,890
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $98,890

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,907
Fundraising Expenses $0
Other Expenses $73,300
TOTAL EXPENSES $105,207

Year-over-Year Comparison

2024 2023 Change
Revenue $98,890 $95,283 +0.0%
Expenses $105,207 $97,580 +0.1%
Net Income $-6,317 $-2,297 +1.8%
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

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Governance

Voting Members
7
Independent Members
7
Employees
1
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY J CHARLES TREASURER N/A
Officer
$0 $0 $0
MICHELE REBETTI PRESIDENT 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
2024 $98,890 $105,207 $40,844 $-6,317
2023 $95,283 $97,580 $47,161 $-2,297
2022 $86,649 $88,073 $49,752 $-1,424
2021 $96,168 $90,791 $51,027 $5,377
2020 $73,802 $69,621 $45,591 $4,181
2019 $86,525 $101,319 $43,244 $-14,794
2018 $119,015 $76,662 $57,955 $42,353
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