BIZWORKS ENTERPRISE CENTER Charity Report

Public IRS 990 nonprofit record

BIZWORKS ENTERPRISE CENTER

EIN 90-0775899 · Chambers of Commerce & Business Leagues (S41)

What they do

to SERVE AS A SUPPORT ORGANIZATION to EDUCATE and DEVELOP ENTREPRENEURS IN START-UP VENTURES and to PROMOTE and SUPPORT THE CREATION and DEVELOPMENT of BUSINESS IN CHESTERFIELD COUNTY, VIRGINIA and SURROUNDING AREAS, IN ORDER to ENHANCE THE ECONOMIC VITALITY of THE COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $8.10 was reported for mission work and $0.10 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

10.73%of revenue went to mission work8.1% of expenses · Program services

0.09%of revenue went to fundraising0.1% of expenses

$131.87spent for every $100 of revenueSpending was higher than revenue this year.

121.05%of revenue went to management and office costs91.8% of expenses

$0.34in assets for every $1 spent this yearSome assets cannot be spent right away.

104.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $28,834 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $65,048 for IRIS WOODSON (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$90,466

Mission workProgram services$9,70810.73% of revenue8.1% of expenses

ManagementOffice and general costs$109,508121.05% of revenue91.8% of expenses

FundraisingAsking for donations$840.09% of revenue0.1% of expenses

Total expenses$119,300131.87% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Pause before giving. This filing reports that 0.1% of spending went to fundraising and 8.1% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 8.1% mission · 91.8% management · 0.1% fundraisingTotal expenses: 131.87% of revenue

2023Expense mix: 87.9% mission · 6.7% management · 5.4% fundraisingTotal expenses: 155.40% of revenue

2022Expense mix: 84.3% mission · 7.0% management · 8.7% fundraisingTotal expenses: 100.71% of revenue

2021Expense mix: 86.9% mission · 6.8% management · 6.3% fundraisingTotal expenses: 98.54% of revenue

2020Expense mix: 88.1% mission · 6.2% management · 5.7% fundraisingTotal expenses: 89.31% of revenue

2019Expense mix: 86.2% mission · 6.4% management · 7.3% fundraisingTotal expenses: 90.74% of revenue

2018Expense mix: 84.5% mission · 7.7% management · 7.8% fundraisingTotal expenses: 97.63% of revenue

2017Expense mix: 66.3% mission · 33.7% management · 0.0% fundraisingTotal expenses: 98.51% of revenue

Money in and money out

Revenue$90,466

Expenses$119,300

Annual shortfall $28,834 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$9,708 · 8.1% of expenses

Management and office costs$109,508 · 91.8% of expenses

Fundraising$84 · 0.1% of expenses

See all reported dollar amounts

Revenue$90,466

Expenses$119,300

Assets$41,116

Income$90,466

Contributions$94,748

Mission work (program services)$9,708

Fundraising$84

Management and general$109,508

Executive compensation (total)$69,223

Accounting fees$15,930

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

IRIS WOODSONEXECUTIVE DIRECTOR · 40 hrs/week $65,048

TANNER COLLINSEMERITUS EXECUTIVE DIRECTOR · 40 hrs/week $23,957

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (11)

IRIS WOODSONEXECUTIVE DIRECTOR

TANNER COLLINSEMERITUS EXECUTIVE DIRECTOR

CAROL NITZCHAIR

DANNI GLADDEN-GREENVICE CHAIR

LATISHA JENKINSDIRECTOR

MALLORY CHESNEYSECRETARY

NURY MOJICADIRECTOR

RALPH MARTINEZTREASURER

RAVI PATELDIRECTOR

RICHARD SWEDDIRECTOR

ROB WHITEDIRECTOR

About this charity

Recognized since: January 2013
Location: 12301 REDWATER CREEK RD, CHESTER, VA 23831-2467
County: Chesterfield
In care of: % RALPH MARTINEZ
Primary officer: RALPH MARTINEZ, TREASURER

How to reach them

WebsiteVisit the charity’s website Emailinfo@bizworkscenter.org Phone(804) 275-5190

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: COMPASS CPAS OF VIRGINIA
NTEE classification: Chambers of Commerce & Business Leagues (S41)
IRS tax category: Chambers of Commerce & Business Leagues