Assumptions Inc
- Assets
- $83.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Peachtree City, GA
- Founding
- 06/2015
- Data as of
- 12/2022
- EIN
- 47-2919281
Organization Overview
Assumptions Inc is located in Peachtree City, GA. The organization was established in 2015. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Assumptions 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 12/2022, Assumptions Inc generated $187.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $188.0k during the year ending 12/2022. While expenses have increased by 12.4% per year over the past 8 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
MINISTRY
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,146 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $187,679 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $129,410 |
| Professional fees and other payments to independent contractors | $36,750 |
| Occupancy, rent, utilities, and maintenance | $203 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,672 |
| Total expenses | $188,035 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,737 |
| Other assets | $0 |
| Total assets | $83,826 |
| Total liabilities | $4,895 |
| Net assets or fund balances | $78,931 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Assumptions Inc has recieved totaling $10,500.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $10,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Miami Foundation Inc Miami, FL | $460,864,709 | $147,324,669 |
Ninth District Opportunity Inc Gainesville, GA | $20,597,568 | $53,356,026 |
Jupiter Medical Center Foundation Inc Jupiter, FL | $160,882,045 | $61,479,471 |
Nema Foundation Inc Tallulah Falls, GA | $40,863,488 | $61,480,995 |
Gary Sinise Foundation Nashville, TN | $79,715,180 | $58,070,139 |
Trustbridge Global Foundation Usa Inc Clearwater, FL | $68,735,703 | $42,627,282 |
Blue Cross And Blue Shield Of Florida Foundation Inc Jacksonville, FL | $500,668,406 | $165,069,947 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
Aston Park Health Care Center Inc Asheville, NC | $17,105,214 | $12,530,764 |
New Morning Foundation Columbia, SC | $9,598,750 | $10,587,010 |
University Of South Florida Institute Of Applied Engineering I Tampa, FL | $5,205,656 | $9,587,469 |
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |