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 6 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 8.6% per year over the past 6 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 |