Georgia Business Success Center Inc
- Assets
- $3.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kennesaw, GA
- Founding
- 12/2015
- Data as of
- 06/2022
- EIN
- 47-4443286
Organization Overview
Georgia Business Success Center Inc, operating under the name Ignitehq, is located in Kennesaw, GA. The organization was established in 2015. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Ignitehq is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
IGNITEHQ'S PURPOSE, IN PARTNERSHIP WITH KENNESAW STATE UNIVERSITY AND IN COLLABORATION WITH THE COBB CHAMBER OF COMMERCE, WAS TO BE NORTH GEORGIA'S ENTREPRENEURIAL HEADQUARTERS DEDICATED TO HELPING INVENTORS AND PROBLEM SOLVERS IGNITE TRANSFORMATIVE SOLUTIONS ON A GLOBAL SCALE. AS A HYBRID OF A MODERN-DAY BUSINESS INCUBATOR AND A CO-WORKING HUB, THE ORGANIZATION MET THE NEEDS OF INVENTIVE ENTREPRENEURS BY PROVIDING OFFICE SPACES OF ALL SIZES, COMMON AREAS AND SPECIAL EVENT SPACES, FREE EDUCATIONAL PROGRAMS AND TRAINING OPPORTUNITIES, ACCESS TO EXPERIENCED MENTORS AND ADVISORS, AND A DIRECTORY OF PARTNER SERVICE PROVIDERS AND CAPITAL INVESTORS. IN JUNE 2020, THE MEMORANDUM OF UNDERSTANDING BETWEEN THE ORGANIZATION AND KENNESAW STATE UNIVERSITY EXPIRED AND THE ORGANIZATION BEGAN WINDING DOWN OPERATIONS. DURING THE YEAR ENDED JUNE 30, 2021, THE ORGANIZATION CONTINUED TO INVESTIGATE ALTERNATIVE PLANS TO CARRY OUT ITS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Ayers Director | 1 | $0 | |
Stephanie Carvajalino Director | 1 | $0 | |
Rachel Ford Director | 1 | $0 | |
Jeremy Fort Director | 1 | $0 | |
Craig Ganssle Director | 1 | $0 | |
Mike Mahan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| 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 | $0 |
| 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 | $8,410 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $760 |
| Other expenses | $98,424 |
| Total expenses | $107,594 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,823 |
| Other assets | $0 |
| Total assets | $3,823 |
| Total liabilities | $1,050 |
| Net assets or fund balances | $2,773 |