THE BUSINESS FOR GOOD FOUNDATION INC

EIN: 853806264 501(c)(3) Philanthropy & Grantmaking

SARATOGA SPRINGS, NY

Total Revenue
$12,220,200
Total Expenses
$200,530
Total Assets
$12,019,670
Net Assets
$12,019,670
🔒

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
2020
Legal Domicile
NY
Principal Officer
EDWARD G MITZEN
Phone
5187089546
Tax Period
2020-10-27 to 2020-12-31

THE BUSINESS FOR GOOD FOUNDATION INC, founded in 2020, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $12.2M in total revenue in fiscal year 2020. The organization ran a surplus of $12.0M, a strong 98% operating margin.

Mission

TO ENGAGE IN CHARITABLE GRANT-MAKING AND FINANCIAL SUPPORT OF CHARITABLE PROGRAMS OF VARIED TYPES, WHICH SATISFY THE PHILANTHROPIC INTERESTS OF THE MITZEN FAMILY.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $12,220,200
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $12,220,200

Expense Breakdown

Grants Paid $200,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $200,000
Other Expenses $530
TOTAL EXPENSES $200,530

Year-over-Year Comparison

2020 2019 Change
Revenue $12,220,200 N/A N/A
Expenses $200,530 N/A N/A
Net Income $12,019,670 N/A N/A
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
2
Independent Members
N/A
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD G MITZEN PRESIDENT/TREASURER 1.00
Officer Director
$0 $0 $0
LISA A MITZEN VICE PRESIDENT/SECRETARY 1.00
Officer 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
2020 $12,220,200 $200,530 $12,019,670 $12,019,670
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE BUSINESS FOR GOOD FOUNDATION INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.