Mission
Business Services Collective provides customized support to BIPOC construction businesses. They leverage feedback from past entrepreneurs to offer services that help develop financial health, opportunity, and resiliency in the face of challenges. Their collaborative programs engage local providers in training and mentoring, aimed at creating wealth and strengthening community ties through empowered entrepreneurship.
Basic Information
Founded in
2019
EIN
84-3973294
Total Assets
$275.3 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
At a Glance
Entrepreneur Spotlight: GWO Trucking & Construction
GWO Trucking & Construction has grown steadily, landing significant contracts and using BSC's expertise to refine their bidding process.
COVID-19 Response
BSC helped construction businesses identify and access relief programs during the COVID-19 pandemic.
Back Office Apprenticeship
This program trains young people in the business of construction to support entrepreneurs in administrative tasks.
Impact Stats
Amount Raised
Fundraising Success
Raised $140,000 to support the local construction community and expand outreach efforts.
Challenge Ranking
Social New Venture Challenge
Business Services' pitch earned 2nd place in the University of Chicago's 2019 John Edwardson, ’72, Social New Venture Challenge (SNVC).
Past Events
BSC Sunrise Event
July 20th, 2023
BSC Sunrise Event focusing on building connections and supporting local businesses.
Our Programs
Back Office Apprenticeship
Training for young people in construction administrative tasks, connecting them with local entrepreneurs.
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
49
38
/100
Program Expense Ratio
72.96%
8
/20
Program Revenue Growth
-99.67%
2
/20
Leverage Ratio
0.1039
18
/20
Working Capital Ratio
0.7655
8
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 568.7K | 99.86% |
| Program Services | 750 | 0.13% |
| Investment Income | 37 | 0.01% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 569.5K | 100.00% |
