Net Work Limited Inc
- Assets
- $63.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ocala, FL
- Founding
- 06/1999
- Data as of
- 12/2023
- EIN
- 59-3584086
Organization Overview
Net Work Limited Inc is located in Ocala, FL. The organization was established in 1999. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Net Work Limited 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 12/2023, Net Work Limited Inc generated $55.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $46.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David M Smoot President | 15 | $0 | |
Diane W Smoot Secretary Treasurer | 10 | $0 | |
Erin S Jones Vice President | 1 | $0 | |
Joel D Jones Vice President Of Technical Resources | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,172 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $666 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,838 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,824 |
| 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 | $480 |
| Other expenses | $44,607 |
| Total expenses | $46,911 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,585 |
| Other assets | $0 |
| Total assets | $63,585 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,585 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kathleen Anderson Comprehensive Work Center Inc Winter Springs, FL | $1,339,139 | $1,505,354 |
Jobworks Inc St Petersburg, FL | $173,044 | $1,270,251 |
Middle Georgia Diversified Industries Inc Dublin, GA | $10,779,252 | $1,172,247 |
Augusta Training Shop For The Handicapped Inc Augusta, GA | $1,272,256 | $499,612 |
Georgia Diversified Industries Inc Cartersville, GA | $526,722 | $347,725 |
Autism Awareness Shop Inc Tampa, FL | $9,782 | $211,720 |
Healthy Bellas Foundation Inc Coral Gables, FL | $33,178 | $0 |
Net Work Limited Inc Ocala, FL | $63,585 | $0 |
Cohutta Diversified Industries Inc Chatsworth, GA | $131,982 | $0 |