BIZ ACTION FOR COLORADO

🔒

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

Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

JOE O'DEA

Phone

3034724974

Tax Period

2024-01-01 to 2024-12-31

BIZ ACTION FOR COLORADO, founded in 2023, is a small nonprofit in the Community Improvement sector that reported $638K in total revenue in fiscal year 2024.

Mission

BIZ ACTION FOR COLORADO (BAC) IS DEDICATED TO PROMOTING ECONOMIC PROSPERITY IN COLORADO THROUGH EDUCATION, ADVOCACY, ACCESS TO RESOURCES, AND BUILDING RELATIONSHIPS WITHIN THE BUSINESS COMMUNITY. BAC ENGAGES IN ACTIVITIES TO FOSTER THE CREATION, DEVELOPMENT, AND GROWTH OF SUCCESSFUL BUSINESS ENTERPRISES AND TO MAXIMIZE OPPORTUNITIES FOR ITS MEMBERS BY PROVIDING BUSINESS GUIDANCE, INFORMATION, REFERRALS, AND PROGRAMMING CURATED TO MEET THEIR NEEDS. IT SERVES AS AN ADVOCATE FOR THE BUSINESS COMMUNITY THROUGH ENGAGEMENT AND EDUCATION IN LEGISLATIVE AND REGULATORY AFFAIRS.

Program Service Accomplishments

Program 1

Expenses: $627,000

ADVOCACY: BAC ENGAGES IN ADVOCACY EFFORTS TO REPRESENT THE SHARED INTERESTS AND GOALS OF ITS MEMBERS AND SERVES AS A UNIFIED VOICE WORKING TOWARDS THE ADVANCEMENT OF A FAVORABLE BUSINESS ENVIRONMENT FOR THE STATE OF COLORADO. THIS INCLUDES EDUCATION ABOUT LEGISLATION, REGULATIONS, OR POLICIES THAT IMPROVE OR OTHERWISE AFFECT CONDITIONS FOR BUSINESSES AND THEIR EMPLOYEES. BAC'S ADVOCACY ACTIVITIES INCLUDE CREATING AND DISTRIBUTING EDUCATIONAL MATERIALS, HOSTING FREE INFORMATIONAL EVENTS FOR THE PUBLIC AND POLICY MAKERS, AND DIRECT LOBBYING. BAC ALSO WORKS TO SUPPORT OR OPPOSE RELEVANT STATE BALLOT MEASURES AND TO SUPPORT POLICY MAKERS WHO ADVANCE THE COMMON BUSINESS INTERESTS OF BAC. AROUND 50% OF BAC'S TIME AND FUNDS ARE ALLOCATED TO THESE ACTIVITIES.

Program 2

EDUCATION: BAC OFFERS INFORMATION AND EDUCATION TO ENHANCE THE SKILLS AND KNOWLEDGE OF MEMBERS THROUGH MEETINGS, SEMINARS, WORKSHOPS, NEWSLETTERS, AND ITS WEBSITE. TOPICS INCLUDE SHARED INTERESTS...

EDUCATION: BAC OFFERS INFORMATION AND EDUCATION TO ENHANCE THE SKILLS AND KNOWLEDGE OF MEMBERS THROUGH MEETINGS, SEMINARS, WORKSHOPS, NEWSLETTERS, AND ITS WEBSITE. TOPICS INCLUDE SHARED INTERESTS SUCH AS COMMUNITY AND BUSINESS LEADERSHIP, LEGISLATIVE AND REGULATORY UPDATES, SOUND FINANCIAL PRACTICES AND BUSINESS STANDARDS, LABOR LAWS, INVESTMENT AND EXPANSION, PROCUREMENT AWARD PROCEDURES, AND LEGAL ISSUES. AROUND 20% OF BAC'S TIME AND FUNDS ARE ALLOCATED TO THESE ACTIVITIES.

Program 3

NETWORKING, MEMBERSHIP BUILDING, AND FUNDRAISING: BAC FACILITATES REFERRAL AND NETWORKING OPPORTUNITIES BY PROVIDING PLATFORMS FOR MEMBERS TO CONNECT, SHARE INSIGHTS, AND COLLABORATE. BAC HOSTS...

NETWORKING, MEMBERSHIP BUILDING, AND FUNDRAISING: BAC FACILITATES REFERRAL AND NETWORKING OPPORTUNITIES BY PROVIDING PLATFORMS FOR MEMBERS TO CONNECT, SHARE INSIGHTS, AND COLLABORATE. BAC HOSTS MEETINGS, EVENTS, AND AN ONLINE COMMUNITY TO STRENGTHEN TIES WITHIN THE BUSINESS COMMUNITY AND CREATE OPPORTUNITIES FOR COOPERATION, COLLABORATION, AND MUTUAL SUPPORT. BAC SOLICITS NEW MEMBERS AND CONDUCTS A MINIMAL AMOUNT OF FUNDRAISING TARGETED AT EXISTING MEMBERS AND OUTSIDE DONORS THROUGH ITS WEBSITE, EMAIL, MAIL, AND EVENTS. AROUND 20% OF BAC'S TIME AND FUNDS ARE ALLOCATED TO THESE ACTIVITIES.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $638,000

Program Service Revenue $0

Investment Income $6

Other Revenue $0

TOTAL REVENUE $638,006

Expense Breakdown

Grants Paid $627,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $627,000

Other Expenses $5,858

TOTAL EXPENSES $632,858

Year-over-Year Comparison

	2024	2023	Change
Revenue	$638,006	N/A	N/A
Expenses	$632,858	N/A	N/A
Net Income	$5,148	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

Governance

Voting Members

Independent Members

Employees

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE O'DEA	DIRECTOR	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
2024	$638,006	$632,858	$5,148	$5,148