The Spokes Group Inc
- Assets
- $125.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Matthews, NC
- Founding
- 09/2007
- Data as of
- 06/2023
- EIN
- 45-0562248
Organization Overview
The Spokes Group Inc is located in Matthews, NC. The organization was established in 2007. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spokes 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 06/2023, Spokes Group Inc generated $149.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $192.9k during the year ending 06/2023. While expenses have increased by 18.4% per year over the past 3 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
2023
Describe the Organization's Program Activity:
Part 3
WE PURCHASE NEW BICYCLES & HELMETS, ASSEMBLE THEM AND GIVE THEM TO CHARITIES FOR THE CHRISTMAS SEASON. OUR MAJOR CHARITY IS THE SALVATION ARMY. WE GAVE ABOUT 1500 BICYCLES LAST YR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Will Beard President | 7 | $0 | |
Richard Dunn Vice President | 5 | $0 | |
Larry Goodgame Secretarytreasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,121 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $185 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $149,306 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $192,912 |
| Total expenses | $192,912 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,722 |
| Other assets | $0 |
| Total assets | $125,722 |
| Total liabilities | $0 |
| Net assets or fund balances | $125,722 |