Civic Intelligence

Biz Net Cares Foundation Inc

EIN 85-0491904 • 501(c)3 • Cape Coral, FL

Profile

To promote common business interest. To be a resouce for those who demand relationship-based professionals who provide quality and reliable products for services in swfl while supporting the local community. The biz net cares foundation contributes part of the funds received through the foundations activities to local charities in lee county. Local 501(c)(3) charities are selected based on a discretionary basis by the foundation's board

3501 Del Prado Blvd S Ste 302Cape Coral, FL 33904

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

42nd percentile

-1.3%

Higher net margin than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

10th percentile

-91%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

3174%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,271

Down $12,121 (-91%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$1,271

Down $1,301 (-51%) from 2021

Revenue

Up

$96,586

Up $93,636 (+3174%) from 2021

Expenses

Up

$97,887

Up $97,109 (+12482%) from 2021

Net Income

Down

-$1,301

Down $3,473 (-160%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0Assets 2020: $399Net Assets 2020: $3992020Assets 2021: $13,392Liabilities 2021: $10,820Net Assets 2021: $2,5722021Assets 2022: $1,271Net Assets 2022: $1,2712022

Highlighted filing

2022

Assets$1,271
Liabilities-
Net Assets$1,271

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2020: $886Expenses 2020: $487Net Income 2020: $3992020Revenue 2021: $2,950Expenses 2021: $778Net Income 2021: $2,1722021Revenue 2022: $96,586Expenses 2022: $97,887Net Income 2022: -$1,3012022

Highlighted filing

2022

Revenue$96,586
Expenses$97,887
Net Income-$1,301

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 17, 2024
Return Version
2022v5.0
Gross Receipts
$96,586
Mission and Program Overview

Mission

To promote common business interest. To be a resouce for those who demand relationship-based professionals who provide quality and reliable products for services in swfl while supporting the local community. The lee county business network contributes part of the funds received through the foundations activities to local charities in lee county. Local 501(c)(3) charities are selected based on a discretionary basis by the foundation's board

To promote common business interest. To be a resouce for those who demand relationship-based professionals who provide quality and reliable products for services in swfl while supporting the local community. The biz net cares foundation contributes part of the funds received through the foundations activities to local charities in lee county. Local 501(c)(3) charities are selected based on a discretionary basis by the foundation's board

Program Services

DescriptionGrantsExpenses
THE ORGANIZATIONS PURPOSE IS TO PROMOTE COMMON BUSINESS INTEREST AND SUPPORT THE LOCAL COMMUNITY. TO DO SUCH THINGS AND TO PERFORM SUCH ACTS TO ACCOMPLISH ITS PURPOSES AS THE BOARD OF DIRECTORS MAY DETERMINE TO BE APPROPRIATE AND, AS NOT FORBIDDEN BY SECTIONS 501(C)(3) OF THE CODE, WITH ALL THE POWER CONFERRED ON NONPROFIT CORPORATION UNDER THE LAWS OF THE STATE OF FLORIDA.-$97,887
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CRYSTAL REYESSecretary-$0--
DAWN TROUTTreasurer-$0--
BRIAN SAULSPresidentPT$0--
JEFF CLAPPVice PresidePT$0--
Filing and Contact Details

Filer

Filer Name
Biz Net Cares Foundation Inc
EIN
85-0491904
Phone
2395424400
Address
3501 DEL PRADO BLVD S STE 302, CAPE CORAL, FL 33904

Signing Officer

Name
Brian Sauls
Title
President
Phone
2395424400
Signed
2024-02-17
Discuss with paid preparer
Yes

Preparer

Firm
Gallagher and Rhodes Pa
Address
3501 DEL PRADO BLVD S 302, CAPE CORAL, FL 33904
Preparer
Dawn Trout
Phone
2395424400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses event supplies 1,667 event faclities 6,627 event license, inspection 575 event rental equip 2,160 event marketing 15,629 event security 3,185 event sales tax 831 event promos 2,340 contributions to local ch 20,000 liability insurance 2,701 merchant fees 928 licenses 158 professional fees 690 storage rent 2,061 marketing 162 event expenses 38,173 total 97,887

Form 990-ez, Part II, Line 26

Deferred revenue 10,820 0

Form 990-ez, Part III

To promote common business interest. To be a resouce for those who demand relationship-based professionals who provide quality and reliable products for services in swfl while supporting the local community. The biz net cares foundation contributes part of the funds received through the foundations activities to local charities in lee county. Local 501(c)(3) charities are selected based on a discretionary basis by the foundation's board

Form 990-ez, Part III, Line 28

The organizations purpose is to promote common business interest and support the local community. To do such things and to perform such acts to accomplish its purposes as the board of directors may determine to be appropriate and, as not forbidden by sections 501(c)(3) of the code, with all the power conferred on nonprofit corporation under the laws of the state of florida.

Raw XML Appendix133 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OtherExpensesTotalAmt097887
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt097887
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IRS990EZ/TotalRevenueAmt096586
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02950
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0886
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES EVENT SUPPLIES 1,667 EVENT FACLITIES 6,627 EVENT LICENSE, INSPECTION 575 EVENT RENTAL EQUIP 2,160 EVENT MARKETING 15,629 EVENT SECURITY 3,185 EVENT SALES TAX 831 EVENT PROMOS 2,340 CONTRIBUTIONS TO LOCAL CH 20,000 LIABILITY INSURANCE 2,701 MERCHANT FEES 928 LICENSES 158 PROFESSIONAL FEES 690 STORAGE RENT 2,061 MARKETING 162 EVENT EXPENSES 38,173 TOTAL 97,887
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DEFERRED REVENUE 10,820 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROMOTE COMMON BUSINESS INTEREST. TO BE A RESOUCE FOR THOSE WHO DEMAND RELATIONSHIP-BASED PROFESSIONALS WHO PROVIDE QUALITY AND RELIABLE PRODUCTS FOR SERVICES IN SWFL WHILE SUPPORTING THE LOCAL COMMUNITY. THE BIZ NET CARES FOUNDATION CONTRIBUTES PART OF THE FUNDS RECEIVED THROUGH THE FOUNDATIONS ACTIVITIES TO LOCAL CHARITIES IN LEE COUNTY. LOCAL 501(C)(3) CHARITIES ARE SELECTED BASED ON A DISCRETIONARY BASIS BY THE FOUNDATION'S BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATIONS PURPOSE IS TO PROMOTE COMMON BUSINESS INTEREST AND SUPPORT THE LOCAL COMMUNITY. TO DO SUCH THINGS AND TO PERFORM SUCH ACTS TO ACCOMPLISH ITS PURPOSES AS THE BOARD OF DIRECTORS MAY DETERMINE TO BE APPROPRIATE AND, AS NOT FORBIDDEN BY SECTIONS 501(C)(3) OF THE CODE, WITH ALL THE POWER CONFERRED ON NONPROFIT CORPORATION UNDER THE LAWS OF THE STATE OF FLORIDA.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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