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Bizworks Enterprise Center

EIN 90-0775899 · Chester, VA

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthWeak36 out of 100GovernanceStrong94 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 8% of its spending went to programs.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

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.

Income
$90,466
Spending
$119,300
Spent on programs
8%
Reserves
3.4 months of spending
Largest source of income
government grants, 83%
Employees
2
Volunteers
2
Highest pay
$65,048, executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 36 out of 100. Higher than 13% of charities in its peer group (community improvement, under $250k).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.4 months of spending.

  • Debt

    16 of 20

    It owes 17% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 32% of income.

  • Income trend

    0 of 15

    Income fell 56% on the year before.

  • Spending floor

    0 of 15

    8% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 94 out of 100. Higher than 87% of charities in its peer group (community improvement, under $250k).

  • Independent board

    25 of 25

    9 of 9 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $9,708 spent. 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.
  2. THE ORGANIZATION CULTIVATES NEW AND EMERGING BUSINESSES THAT CONTRIBUTE TO THE ECONOMIC VITALITY OF CHESTERFIELD COUNTY THROUGH JOB CREATION AND CAPITAL INVESTMENT BY PROVIDING MENTORSHIP, ACCESS TO BUSINESS RESOURCES, FLEXIBLE OFFICE/WAREHOUSE SPACE, AND SHARED ADMINISTRATIVE SERVICES.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Caution.

    The IRS master file records contributions to this 501(c)(3) charitable organization as not deductible.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2013.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.