Civic Intelligence

Groveton Economic Development Corporation Committee 4A

990EZ • Fiscal year 2023 • EIN 75-2967955

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 14, 2024

Organization ProfileN/A
PO Box 563Groveton, TX 75845

(936) 215-2247

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

7th percentile

-53%

Higher net margin than 7% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

27th percentile

-12%

Faster asset growth than 27% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

95th percentile

119%

Faster revenue growth than 95% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$255,106

Down $35,009 (-12%) from 2022

Net Assets

Down

$255,106

Down $35,009 (-12%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin7th percentile

Revenue

Up

$65,824

Up $35,775 (+119%) from 2022

Expenses

Up

$100,833

Up $78,702 (+356%) from 2022

Net Income

Down

-$35,009

Down $42,927 (-542%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $137,303Net Assets 2010: $137,3032010Assets 2011: $173,929Liabilities 2011: $02011Assets 2021: $282,197Net Assets 2021: $282,1972021Assets 2022: $290,115Net Assets 2022: $290,1152022Assets 2023: $255,106Net Assets 2023: $255,1062023Assets 2024: $301,489Net Assets 2024: $301,4892024

Highlighted filing

2023

Assets$255,106
Liabilities-
Net Assets$255,106
Open 2023 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $49,769Expenses 2010: $37,958Net Income 2010: $11,8112010Revenue 2011: $39,863Expenses 2011: $3,237Net Income 2011: $36,6262011Revenue 2021: $64,126Expenses 2021: $19,321Net Income 2021: $44,8052021Revenue 2022: $30,049Expenses 2022: $22,131Net Income 2022: $7,9182022Revenue 2023: $65,824Expenses 2023: $100,833Net Income 2023: -$35,0092023Revenue 2024: $76,644Expenses 2024: $30,261Net Income 2024: $46,3832024

Highlighted filing

2023

Revenue$65,824
Expenses$100,833
Net Income-$35,009
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 14, 2024
Return Version
2022v5.0
Gross Receipts
$65,824
Mission and Program Overview

Mission

Promote, assist, and enhance economic development activities and quality of life opportunities within the city and its extraterritorial jurisdiction that promote economic development

Program Services

DescriptionGrantsExpenses
PROMOTE, ASSIST, AND ENHANCE ECONOMIC DEVELOPMENT ACTIVITIES AND QUALTIY OF LIFE OPPORTUNITIES WITHIN THE CITY AND ITS EXTRATERRITORIAL JURISDICTION THAT PROMOTE ECONOMIC DEVELOPMENT--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GORDON BERGMANPresident-$0--
JAMES ALFORDSecretary-$0--
EDGAR JABO WESTVice President-$0--
TOMMY WALTONTreasurer-$0--
JOE SCOTT EVANSBoard Member-$0--
JASON DUEBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Groveton Economic Development
EIN
75-2967955
Address
PO BOX 563, GROVETON, TX 75845

Signing Officer

Name
Gordon Bergman
Title
President
Signed
2024-08-14
Discuss with paid preparer
Yes

Preparer

Firm
Todd Hamaker & Johnson LLP
Address
517 S 1st St, Lufkin, TX 75901
Preparer
Kim Johnson CPA
Phone
9366328181
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.2

“| Donee's Name: HAYDEN LEE | Cash Amount Given: $26889”

Grants and Similar Amounts Paid In Excess of $5,000.3

“| Donee's Name: KERRY MINTER | Cash Amount Given: $45100”

Other Expenses.1002

“Office Expenses $304”

Other Expenses.1

“Continuing education $1615”

Other Expenses.2

“MISC OTHER EXPENSE $65”

Other Assets.1005

“Accounts Receivable - Beginning $12000 Accounts Receivable - Ending $12073”

Other Assets.1009

“Notes and Loans Receivable - Beginning $5500 Notes and Loans Receivable - Ending $5500”

Raw XML Appendix127 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0GORDON BERGMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum09362152247
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 563
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GROVETON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075845
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0272615
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IRS990EZ/ExcessOrDeficitForYearAmt0-35009
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0255106
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0290115
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0255106
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GORDON BERGMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAMES ALFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2EDGAR JABO WEST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TOMMY WALTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOE SCOTT EVANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JASON DUE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt017500
IRS990EZ/OtherAssetsTotalDetail/EOYAmt017573
IRS990EZ/OtherExpensesTotalAmt01984
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE, ASSIST, AND ENHANCE ECONOMIC DEVELOPMENT ACTIVITIES AND QUALITY OF LIFE OPPORTUNITIES WITHIN THE CITY AND ITS EXTRATERRITORIAL JURISDICTION THAT PROMOTE ECONOMIC DEVELOPMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE, ASSIST, AND ENHANCE ECONOMIC DEVELOPMENT ACTIVITIES AND QUALTIY OF LIFE OPPORTUNITIES WITHIN THE CITY AND ITS EXTRATERRITORIAL JURISDICTION THAT PROMOTE ECONOMIC DEVELOPMENT
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt019810
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0100833
IRS990EZ/TotalRevenueAmt065824
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: HAYDEN LEE | Cash Amount Given: $26889
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: KERRY MINTER | Cash Amount Given: $45100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $304
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTINUING EDUCATION $1615
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MISC OTHER EXPENSE $65
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Receivable - Beginning $12000 Accounts Receivable - Ending $12073
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Notes and Loans Receivable - Beginning $5500 Notes and Loans Receivable - Ending $5500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Assets.1009
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GORDON BERGMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GROVETON ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION COMMITTEE 4A
ReturnHeader/Filer/BusinessNameControlTxt0GROV
ReturnHeader/Filer/EIN0752967955
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 563
ReturnHeader/Filer/USAddress/CityNm0GROVETON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075845
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223860521
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Todd Hamaker & Johnson LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0517 S 1st St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lufkin
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075901
ReturnHeader/PreparerPersonGrp/PhoneNum09366328181
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIM JOHNSON CPA
ReturnHeader/ReturnTs02024-08-14T14:26:26-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-09-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$255,106
Liabilities
-
Net assets
$255,106
Revenue
$65,824
Expenses
$100,833
Net income
-$35,009
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.01$3.01$0.77$0.30$0.46
2023Detailed filing. Detailed filing data is available for this year.$2.55$2.55$0.66$1.01$0.35
2022Detailed filing. Detailed filing data is available for this year.$2.90$2.90$0.30$0.22$0.08
2021Detailed filing. Detailed filing data is available for this year.$2.82$2.82$0.64$0.19$0.45
2011Summary only. Only limited summary data is available for this year.$1.74$0.00$0.40$0.03$0.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$1.37$0.50$0.38$0.12