Great Business Network
- Assets
- $22.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Myrtle Beach, SC
- Founding
- 05/2015
- Data as of
- 12/2022
- EIN
- 47-1765023
Organization Overview
Great Business Network is located in Myrtle Beach, SC. The organization was established in 2015. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Business Network is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Great Business Network generated $126.5k in total revenue. All expenses for the organization totaled $104.4k during the year ending 12/2022. While expenses have increased by 86.8% 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
2022
Describe the Organization's Program Activity:
Part 3
TO NETWORK BUSINESS TO BUSINESS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $126,462 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $126,462 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,904 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,646 |
| Occupancy, rent, utilities, and maintenance | $7,032 |
| Printing, publications, postage, and shipping | $453 |
| Other expenses | $91,340 |
| Total expenses | $104,375 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,087 |
| Other assets | $0 |
| Total assets | $22,087 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,087 |