Bizdom U Fund is a 501(c)(3) organization based in Detroit, Michigan, registered in 2009, with $206,173 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$206K
▲ 815.7% vs prior year
Youth median: $163K
Expenses (FY2024)
$7,375
Net assets
$2.3M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bizdom U Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bizdom U Fund: 3763 mo reserves · +96% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bizdom U Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bizdom U Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $771K (FY2013) to $206K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
96.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.3M
Total liabilities
$996K
Net assets
$2.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $206,173▲816% | $7,375▼82.7% | $2,312,486▲9.4% | $3,308,976▲6.4% | 990 |
| 2023 | $22,516▼40.6% | $42,601▲410% | $2,113,688▲6.6% | $3,110,178▲4.4% | 990 |
| 2022 | $37,934▼15.3% | $8,359▼25.4% | $1,981,929▲1.5% | $2,979,862▲0.8% | 990 |
| 2021 | $44,807▲277% | $11,206▼92.9% | $1,953,567▲1.7% | $2,955,051▲6.8% | 990 |
| 2020 | -$25,268▼162% | $157,660▲16.0% | $1,921,166▼8.7% | $2,766,038▼6.2% | 990 |
| 2019 | $40,469 | $135,945▲41.6% | $2,104,125▼2.9% | $2,950,299▲12.2% | 990 |
| 2018 | $0▼100% | $96,012▲330% | $2,165,949▼7.4% | $2,629,071▼3.7% | 990 |
| 2017 | $173▲100% | $22,315▼69.5% | $2,338,659▼4.9% | $2,730,066▼4.3% | 990 |
| 2016 | -$393,427▼1088% | $73,211▲60.4% | $2,459,408▼18.2% | $2,852,565▼8.0% | 990 |
| 2015 | -$33,109▼103% | $45,636▼36.1% | $3,006,045▲11.9% | $3,100,990▲15.2% | 990 |
| 2014 | $1,159,886▲50.5% | $71,394▲102% | $2,687,025▲92.1% | $2,690,962▲84.7% | 990 |
| 2013 | $770,930 | $35,398▼73.6% | $1,398,991▲111% | $1,456,931▲104% | 990 |
| 2012 | — | $134,241▼4.9% | $663,459▼19.9% | $713,547▼16.1% | 990 |
| 2011 | — | $141,143▲121% | $828,491▲49.8% | $850,724▲45.6% | 990 |
| 2010 | — | $63,921 | $553,219 | $584,352 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for Bizdom U Fund (EIN 26-0730096) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.