Civic Intelligence

Gaston Innovation Group Inc.

990 • Fiscal year 2017 • EIN 81-3076695

Jan 01, 2017 to Dec 31, 2017

Belmont, NC
Siviq Scores

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

Liabilities / Assets

64th percentile

0.03x

Higher debt load relative to assets than 64% of similar nonprofits.

2017 filings • NTEE S • <$500k nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.01x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • NTEE S • <$500k nonprofits • Source year 2017

Net Margin

11th percentile

-30%

Higher net margin than 11% of similar nonprofits.

2017 filings • NTEE S • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Assets

$122,718

No earlier filing loaded for comparison.

Net Assets

$119,388

No earlier filing loaded for comparison.

Liabilities

$3,330

No earlier filing loaded for comparison.

Revenue

$266,246

No earlier filing loaded for comparison.

Expenses

$347,235

No earlier filing loaded for comparison.

Net Income

-$80,989

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2017: $122,718Liabilities 2017: $3,330Net Assets 2017: $119,3882017Assets 2018: $283,789Liabilities 2018: $15,697Net Assets 2018: $268,0922018Assets 2019: $508,590Liabilities 2019: $412,648Net Assets 2019: $95,9422019Assets 2020: $441,452Liabilities 2020: $551,092Net Assets 2020: -$109,6402020Assets 2021: $343,119Liabilities 2021: $699,085Net Assets 2021: -$355,9662021Assets 2022: $287,294Liabilities 2022: $353,501Net Assets 2022: -$66,2072022Assets 2023: $251,808Liabilities 2023: $394,384Net Assets 2023: -$142,5762023Assets 2024: $284,254Liabilities 2024: $328,951Net Assets 2024: -$44,6972024

Highlighted filing

2017

Assets$122,718
Liabilities$3,330
Net Assets$119,388

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $266,246Expenses 2017: $347,235Net Income 2017: -$80,9892017Revenue 2018: $454,580Expenses 2018: $305,876Net Income 2018: $148,7042018Revenue 2019: $236,561Expenses 2019: $408,711Net Income 2019: -$172,1502019Revenue 2020: $234,723Expenses 2020: $440,305Net Income 2020: -$205,5822020Revenue 2021: $240,786Expenses 2021: $487,572Net Income 2021: -$246,7862021Revenue 2022: $766,164Expenses 2022: $476,405Net Income 2022: $289,7592022Revenue 2023: $398,522Expenses 2023: $474,891Net Income 2023: -$76,3692023Revenue 2024: $559,860Expenses 2024: $461,981Net Income 2024: $97,8792024

Highlighted filing

2017

Revenue$266,246
Expenses$347,235
Net Income-$80,989
Filing Detail Status

This 2017 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Mission and Program Overview

Mission

Gaston Innnovation Group, Inc., was formed for the purpose of improving the socio-economic conditions for citizens of Gaston County, North Carolina, by stimulating job growth through digital inclusion, small business formation and entrepreneurship. The programs and services the organization will be developing and delivering are badly needed in Gaston County due to the challenging economic conditions in the County. Gaston County had the highest unemployment rate (by at least .5%) of all the NC counties contiguous to and including Mecklenburg County and the highest poverty rate among NC counties in that same region. Gaston Innovation Group addresses upward mobility for the low to moderate income population by expanding access to high speed internet, as well as specially-designed coding and other technology classes, a digital roadmap with digital literacy tools and training, and partnerships with local colleges and K-12 schools. Gaston Innovation Group will aid businesses that locate or r

Document Assets

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • NTEE S19 • <$500k nonprofits