Greater Wealth Works Inc
- Assets
- $20.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Kennesaw, GA
- Founding
- 11/2001
- Data as of
- 06/2022
- EIN
- 58-2634871
Organization Overview
Greater Wealth Works Inc is located in Kennesaw, GA. The organization was established in 2001. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2022, Greater Wealth Works Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Wealth Works 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 06/2022, Greater Wealth Works Inc generated $185.7k 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 (13.2%) each year. All expenses for the organization totaled $171.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (13.4%) 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
PROMOTE ECONOMIC SELF-SUFFICIENCY THROUGH COMPREHENSIVE ENTREPRENEURIAL TRAINING TARGETING LOW TO MODERATE INCOME INDIVIDUALS WOMEN MINORITIES AND VETERANS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Davis Executive Director | 40 | $78,783 | |
Brian Wooten Chair/interim Treasurer | 0 | $0 | |
April Harris Secretary | 0 | $0 | |
Larry Zgrabik Director | 0 | $0 | |
Monique Larue Wilson Director | 0 | $0 | |
Tiffany Tooley Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,750 |
| Total Program Service Revenue | $141,953 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $185,703 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $27,500 |
| Salaries, other compensation, and employee benefits | $106,621 |
| Professional fees and other payments to independent contractors | $24,975 |
| Occupancy, rent, utilities, and maintenance | $12,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $171,096 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,463 |
| Other assets | $0 |
| Total assets | $20,463 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,463 |