Group Inc
- Assets
- $97.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, GA
- Founding
- 08/1976
- Data as of
- 02/2022
- EIN
- 51-0177981
Organization Overview
Group Inc is located in Columbus, GA. The organization was established in 1976. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Group Inc 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 02/2022, Group Inc generated $102.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $113.2k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 7 years. 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
MEMBERS OF THE ORGANIZATION PARTICIPATED IN ANNUAL AND REGIONAL MEETINGS TO PROMOTE PLANNING IDEAS OF SMALL AND CLOSELY HELD BUSINESSES. TOTAL OF 155 MEMBERS DURING THE YEAR.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $102,175 |
| Investment income | $48 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $626 |
| Total Revenue | $102,849 |
| 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 | $23,400 |
| Other expenses | $89,821 |
| Total expenses | $113,221 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,205 |
| Other assets | $0 |
| Total assets | $97,893 |
| Total liabilities | $6,591 |
| Net assets or fund balances | $91,302 |
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