Civic Intelligence

Groveton Economic Development Corporation Committee 4B

990EZ • Fiscal year 2021 • EIN 75-2967982

Oct 01, 2020 to Sep 30, 2021 • Filed on Jul 28, 2022

Organization ProfileN/A
PO Box 563Groveton, TX 75845

(936) 642-1122

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

99th percentile

86%

Higher net margin than 99% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$175,566

Up $26,241 (+18%) from 2011

Net Assets

$175,566

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin99th percentile

Revenue

Up

$64,035

Up $24,245 (+61%) from 2011

Expenses

Down

$9,160

Down $32,427 (-78%) from 2011

Net Income

Up

$54,875

Up $56,672 (+3154%) from 2011

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$400K$300K$200K$100K$0Assets 2010: $151,122Net Assets 2010: $151,1222010Assets 2011: $149,325Liabilities 2011: $02011Assets 2021: $175,566Net Assets 2021: $175,5662021Assets 2022: $237,991Net Assets 2022: $237,9912022Assets 2023: $301,693Net Assets 2023: $301,6932023Assets 2024: $281,558Net Assets 2024: $281,5582024

Highlighted filing

2021

Assets$175,566
Liabilities-
Net Assets$175,566
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50KRevenue 2010: $36,398Expenses 2010: $39,933Net Income 2010: -$3,5352010Revenue 2011: $39,790Expenses 2011: $41,587Net Income 2011: -$1,7972011Revenue 2021: $64,035Expenses 2021: $9,160Net Income 2021: $54,8752021Revenue 2022: $69,698Expenses 2022: $7,273Net Income 2022: $62,4252022Revenue 2023: $65,810Expenses 2023: $2,108Net Income 2023: $63,7022023Revenue 2024: $76,615Expenses 2024: $96,750Net Income 2024: -$20,1352024

Highlighted filing

2021

Revenue$64,035
Expenses$9,160
Net Income$54,875
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Jul 28, 2022
Return Version
2020v4.0
Gross Receipts
$64,035
Mission and Program Overview

Mission

Promote, assist, and enhance economic development activites and quality of life opportunities withing the city and its extraterritorial jurisdiction

Program Services

DescriptionGrantsExpenses
PROMOTE, ASSIST, AND ENHANCE ECONOMIC DEVELOPMENT ACTIVITES AND QUALITY OF LIFE OPPORTUNITIES WITHING THE CITY AND ITS EXTRATERRITORIAL JURISDICTION--
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GORDON BERGMANPresident-$0--
JAMES ALFORDSecretary-$0--
EDGAR JABO WESTVice President-$0--
TOMMY WALTONTreasurer-$0--
JOE SCOTT EVANSBoard Member-$0--
JOE DON KENNEDYBoard Member-$0--
LARRY SMALLBoard Member-$0--
BENNY MCCLAINBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Groveton Economic Development
EIN
75-2967982
Phone
9366421122
Address
PO BOX 563, GROVETON, TX 75845

Signing Officer

Name
Tommy Walton
Title
Treasurer
Signed
2022-07-28
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 $5,000.1

“| Donee's Name: RICE COUNSELING | Donee's Address: 133 S DEVINE ST GROVETON TX 75845 | Relationship of Donee: NONE | Cash Amount Given: $6000”

Other Assets.1005

“Accounts Receivable - Beginning $9479 Accounts Receivable - Ending $12904”

Other Assets.1009

“Notes and Loans Receivable - Beginning $5313 Notes and Loans Receivable - Ending $5313”

Raw XML Appendix131 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/PhoneNum09366421122
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GROVETON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0105899
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GORDON BERGMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAMES ALFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2EDGAR JABO WEST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TOMMY WALTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOE SCOTT EVANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JOE DON KENNEDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LARRY SMALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7BENNY MCCLAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt014792
IRS990EZ/OtherAssetsTotalDetail/EOYAmt018217
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE, ASSIST, AND ENHANCE ECONOMIC DEVELOPMENT ACTIVITES AND QUALITY OF LIFE OPPORTUNITIES WITHING THE CITY AND ITS EXTRATERRITORIAL JURISDICTION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE, ASSIST, AND ENHANCE ECONOMIC DEVELOPMENT ACTIVITES AND QUALITY OF LIFE OPPORTUNITIES WITHING THE CITY AND ITS EXTRATERRITORIAL JURISDICTION
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt09160
IRS990EZ/TotalRevenueAmt064035
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: RICE COUNSELING | Donee's Address: 133 S DEVINE ST GROVETON TX 75845 | Relationship of Donee: NONE | Cash Amount Given: $6000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Accounts Receivable - Beginning $9479 Accounts Receivable - Ending $12904
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Notes and Loans Receivable - Beginning $5313 Notes and Loans Receivable - Ending $5313
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Assets.1009
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TOMMY WALTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GROVETON ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION COMMITTEE 4B
ReturnHeader/Filer/BusinessNameControlTxt0GROV
ReturnHeader/Filer/EIN0752967982
ReturnHeader/Filer/PhoneNum09366421122
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 563
ReturnHeader/Filer/USAddress/CityNm0GROVETON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075845
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
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ReturnHeader/PreparerPersonGrp/PhoneNum09366328181
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIM JOHNSON CPA
ReturnHeader/ReturnTs02022-07-28T13:41:52-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TOMMY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WALTON
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$175,566
Liabilities
-
Net assets
$175,566
Revenue
$64,035
Expenses
$9,160
Net income
$54,875
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.82$2.82$0.77$0.97$0.20
2023Detailed filing. Detailed filing data is available for this year.$3.02$3.02$0.66$0.02$0.64
2022Detailed filing. Detailed filing data is available for this year.$2.38$2.38$0.70$0.07$0.62
2021Detailed filing. Detailed filing data is available for this year.$1.76$1.76$0.64$0.09$0.55
2011Summary only. Only limited summary data is available for this year.$1.49$0.00$0.40$0.42$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$1.51$0.36$0.40$0.04