The Sapphire Group Inc
- Assets
- $29.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 06/2017
- EIN
- 26-4040069
Organization Overview
The Sapphire Group Inc is located in Memphis, TN. The organization was established in 2017. According to its NTEE Classification (G81) the organization is classified as: AIDS, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sapphire Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending undefined, Sapphire Group Inc generated $37.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 32.3% each year . All expenses for the organization totaled $36.0k during the year ending undefined. While expenses have increased by 31.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
TESTED OF 1,000 PEOPLE FOR COVID-19 VIRUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henderson Wilborn Executive Director | 50 | $0 | |
William Rambo Assistant Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $7,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,000 |
| Other Revenue | $0 |
| Total Revenue | $37,000 |
| Statement of Expenses | |
|---|---|
| Total expenses | $36,000 |
| Balance Sheet | |
|---|---|
| Total assets | $29,000 |
| Total liabilities | $43,000 |
| Net assets or fund balances | -$14,000 |