Civic Intelligence

Groveton Economic Development Corporation Committee 4B

990EZ • Fiscal year 2022 • EIN 75-2967982

Oct 01, 2021 to Sep 30, 2022 • Filed on Apr 27, 2023

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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

99th percentile

90%

Higher net margin than 99% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

87th percentile

36%

Faster asset growth than 87% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

48th percentile

8.8%

Faster revenue growth than 48% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$237,991

Up $62,425 (+36%) from 2021

Net Assets

Up

$237,991

Up $62,425 (+36%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin99th percentile

Revenue

Up

$69,698

Up $5,663 (+8.8%) from 2021

Expenses

Down

$7,273

Down $1,887 (-21%) from 2021

Net Income

Up

$62,425

Up $7,550 (+14%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

2022

Assets$237,991
Liabilities-
Net Assets$237,991
Open 2022 Filing

Operations Trend

Revenue Growth48th percentile

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

2022

Revenue$69,698
Expenses$7,273
Net Income$62,425
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Apr 27, 2023
Return Version
2021v4.1
Gross Receipts
$69,698
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--
BENNY MCCLAINBoard Member-$0--
JASON DUEBoard 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
2023-04-27
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: CONNIE DUE | Cash Amount Given: $5313”

Other Assets.1005

“Accounts Receivable - Beginning $12904 Accounts Receivable - Ending $12000”

Other Assets.1009

“Notes and Loans Receivable - Beginning $5313 Notes and Loans Receivable - Ending $0”

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/PersonNm0TOMMY WALTON
IRS990EZ/BooksInCareOfDetail/PhoneNum09366421122
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 563
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GROVETON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075845
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0157349
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0225991
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt069501
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt062425
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01960
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0175566
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0237991
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt05313
IRS990EZ/GrossReceiptsAmt069698
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/InvestmentIncomeAmt0197
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0175566
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0237991
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0175566
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0237991
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GORDON BERGMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAMES ALFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2EDGAR JABO WEST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TOMMY WALTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOE SCOTT EVANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BENNY MCCLAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JASON DUE
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/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt018217
IRS990EZ/OtherAssetsTotalDetail/EOYAmt012000
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/TotalExpensesAmt07273
IRS990EZ/TotalRevenueAmt069698
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: CONNIE DUE | Cash Amount Given: $5313
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Accounts Receivable - Beginning $12904 Accounts Receivable - Ending $12000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Notes and Loans Receivable - Beginning $5313 Notes and Loans Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Assets.1009
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TOMMY WALTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-27
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
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/ReturnTs02023-04-27T11:58:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TOMMY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WALTON
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$237,991
Liabilities
-
Net assets
$237,991
Revenue
$69,698
Expenses
$7,273
Net income
$62,425
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