Net Work Limited Inc
- Assets
- $54.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ocala, FL
- Founding
- 06/1999
- Data as of
- 12/2022
- 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 12/2022, Net Work Limited Inc generated $52.1k 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 (4.3%) each year. All expenses for the organization totaled $44.1k during the year ending 12/2022. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David M Smoot President | 20 | $0 | |
Diane W Smoot Secretary Treasurer | 20 | $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 | $52,080 |
| 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 | $52,080 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,979 |
| 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 | $597 |
| Other expenses | $40,486 |
| Total expenses | $44,062 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,552 |
| Other assets | $0 |
| Total assets | $54,552 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,552 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Vocations Inc Macon, GA | $12,856,222 | $11,950,736 |
Kathleen Anderson Comprehensive Work Center Inc Winter Springs, FL | $1,339,139 | $1,505,354 |
Jobworks Inc St Petersburg, FL | $263,438 | $1,239,912 |
Middle Georgia Diversified Industries Inc Dublin, GA | $10,779,252 | $1,172,247 |
Autism Awareness Shop Inc Tampa, FL | $5,127 | $367,446 |
Augusta Training Shop For The Handicapped Inc Augusta, GA | $1,044,715 | $741,948 |
Good Shepherd Foundation Of Bartow County Inc Cartersville, GA | $262,556 | $279,844 |
Healthy Bellas Foundation Inc Coral Gables, FL | $33,178 | $0 |
Net Work Limited Inc Ocala, FL | $54,552 | $0 |
Cohutta Diversified Industries Inc Chatsworth, GA | $86,506 | $0 |