Civic Intelligence

Wiregrass Resource Group Inc.

990 • Fiscal year 2022 • EIN 82-1723025

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 17, 2023

PO Box 175Ashburn, GA 31714

(229) 613-0101

Siviq Scores

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

Liabilities / Assets

95th percentile

1.12x

Higher debt load relative to assets than 95% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

73rd percentile

0.15x

Higher debt load relative to revenue than 73% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

38th percentile

0.4%

Higher net margin than 38% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

89th percentile

$107,065

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 18.4% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

64th percentile

9.5%

Faster asset growth than 64% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

48th percentile

6.1%

Faster revenue growth than 48% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$79,609

Up $6,887 (+9.5%) from 2021

Net Assets

Up

-$9,358

Up $1,299 (+12%) from 2021

Liabilities

Up

$88,967

Up $5,588 (+6.7%) from 2021

Revenue

Up

$583,411

Up $33,585 (+6.1%) from 2021

Expenses

Up

$580,814

Up $60,393 (+12%) from 2021

Net Income

Down

$2,597

Down $26,808 (-91%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2018: $41,733Liabilities 2018: $30,620Net Assets 2018: $11,1132018Assets 2019: $39,068Liabilities 2019: $21,475Net Assets 2019: $17,5932019Assets 2020: $38,729Liabilities 2020: $78,791Net Assets 2020: -$40,0622020Assets 2021: $72,722Liabilities 2021: $83,379Net Assets 2021: -$10,6572021Assets 2022: $79,609Liabilities 2022: $88,967Net Assets 2022: -$9,3582022Assets 2023: $198,989Liabilities 2023: $46,139Net Assets 2023: $152,8502023Assets 2024: $210,615Liabilities 2024: $91,158Net Assets 2024: $119,4572024

Highlighted filing

2022

Assets$79,609
Liabilities$88,967
Net Assets-$9,358

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2018: $173,593Expenses 2018: $161,105Net Income 2018: $12,4882018Revenue 2019: $436,464Expenses 2019: $429,984Net Income 2019: $6,4802019Revenue 2020: $340,898Expenses 2020: $398,553Net Income 2020: -$57,6552020Revenue 2021: $549,826Expenses 2021: $520,421Net Income 2021: $29,4052021Revenue 2022: $583,411Expenses 2022: $580,814Net Income 2022: $2,5972022Revenue 2023: $1,061,001Expenses 2023: $957,330Net Income 2023: $103,6712023Revenue 2024: $942,195Expenses 2024: $976,001Net Income 2024: -$33,8062024

Highlighted filing

2022

Revenue$583,411
Expenses$580,814
Net Income$2,597
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 17, 2023
Return Version
2022v5.0
Gross Receipts
$583,411
Mission and Program Overview

Mission

To ensure employment opportunities, support and resources for individuals with disabilities. To deliver the best possible service and exceed the expectations of all we serve. To help people with disabilities achieve success through gainful long term employment.

To ensure employment opportunities, support and resources for individuals with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$20,589$41,243▲ $20,654
Land, Buildings, and Equipment, Net$26,008$26,441▲ $433
Cash and Non-Interest-Bearing Accounts$25,937$11,537▼ $14,400
Total Assets$72,722$79,609▲ $6,887
Other Assets Total$188$388▲ $200
Liabilities
Other Liabilities$82,843$88,967▲ $6,124
Accounts Payable and Accrued Expenses$536--
Total Liabilities$83,379$88,967▲ $5,588
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-10,657$-9,358▲ $1,299
Total Net Assets Fund Balance$-10,657$-9,358▲ $1,299
Total Liabilities and Net Assets / Fund Balance$72,722$79,609▲ $6,887
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christopher Marc ReedPresidentFT$107,065$107,065
Pamela MckinneySecretaryFT$40,331$40,331
Audra Lynn ReedVice PresideFT$23,800$23,800

Board Members and Trustees

NameTitle
Ann ReedBoard Member
Dana HardageBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$582,211
Program Service Revenue
$1,200
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,492
Change in Net Assets
$2,597
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$371,517
Other Expenses$209,297
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$107,065$64,131-$171,196
Other Salaries and Wages$130,694$4,674-$135,368
All Other Expenses$22,588$29,042-$51,630
Other Employee Benefits$36,130$4,652-$40,782
Payroll Taxes$18,813$5,358-$24,171
Office Expenses$2,895$13,577-$16,472
Insurance$6,277$7,520-$13,797
Other Expenses$9,086$3,457-$12,543
Travel$8,575--$8,575
Occupancy$2,412$6,000-$8,412
Depreciation Depletion-$5,340-$5,340
Interest$3,139$969-$4,108
Advertising$1,821$909-$2,730
Fees for Services Accounting$720$180-$900
Total Functional Expenses$373,602$207,212$0$580,814
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Ppp Loan$58,783
Chase Ink Cc$24,449
Payroll Liabilities$3,948
Capital One - 0194$3,752
Mt Withholding Payable$141
Mt Unemployment Tax Payable$122
Anthem Bcbs$39
Administrative Costs$30
Blue View Vision$6
Dental Complete$-6
Ga Withholding Payable$-13
Federal Withholding Payable$-2,284
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Christopher m reed lynn reed president vp family relationship

Form 990, Page 6, Part VI, Line 11B

The president and board members review and approve the annual form 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

On an annual basis, each director, principal officer and member of a committee with governing board shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy; b. Has read and understands the policy; c. Has agreed to comply with the policy; and d. Understands wiregrass resource group, inc is charitable and in order to maintains its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Wiregrass Resource Group Inc
EIN
82-1723025
Phone
2296130101
Address
PO BOX 175, ASHBURN, GA 31714

Signing Officer

Name
Christopher Marc Reed
Title
President
Phone
2296130101
Signed
2023-03-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Marc Reed
Formed
2017
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
2
Employees
12
Volunteers
1

Preparer

Firm
Hudson & Nesmith Cpas & Advisors
Address
111 N MAIN STREET, SYLVESTER, GA 31791
Preparer
Ronald D Hudson
Phone
2297763311
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To ensure employment opportunities, support and resources for individuals with disabilities. To deliver the best possible service and exceed the expectations of all we serve. To help people with disabilities achieve success through gainful long term employment.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7ADMINISTRATIVE COSTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc8BLUE VIEW VISION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc9DENTAL COMPLETE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc10GA WITHHOLDING PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc11FEDERAL WITHHOLDING PAYABLE
IRS990ScheduleD/TotalLiabilityAmt088967
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ENSURE EMPLOYMENT OPPORTUNITIES, SUPPORT AND RESOURCES FOR INDIVIDUALS WITH DISABILITIES. TO DELIVER THE BEST POSSIBLE SERVICE AND EXCEED THE EXPECTATIONS OF ALL WE SERVE. TO HELP PEOPLE WITH DISABILITIES ACHIEVE SUCCESS THROUGH GAINFUL LONG TERM EMPLOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHRISTOPHER M REED LYNN REED PRESIDENT VP FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT AND BOARD MEMBERS REVIEW AND APPROVE THE ANNUAL FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ON AN ANNUAL BASIS, EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; B. HAS READ AND UNDERSTANDS THE POLICY; C. HAS AGREED TO COMPLY WITH THE POLICY; AND D. UNDERSTANDS WIREGRASS RESOURCE GROUP, INC IS CHARITABLE AND IN ORDER TO MAINTAINS ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt072722
IRS990/TotalAssetsEOYAmt079609
IRS990/TotalAssetsGrp/BOYAmt072722
IRS990/TotalAssetsGrp/EOYAmt079609
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0582211
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0207212
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0373602
IRS990/TotalFunctionalExpensesGrp/TotalAmt0580814
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt083379
IRS990/TotalLiabilitiesEOYAmt088967
IRS990/TotalLiabilitiesGrp/BOYAmt083379
IRS990/TotalLiabilitiesGrp/EOYAmt088967
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-10657
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-9358
IRS990/TotalProgramServiceExpensesAmt0373602
IRS990/TotalProgramServiceRevenueAmt01200
IRS990/TotalReportableCompFromOrgAmt0171196
IRS990/TotalRevenueGrp/ExclusionAmt01200
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0583411
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt072722
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt079609
IRS990/TravelGrp/ProgramServicesAmt08575
IRS990/TravelGrp/TotalAmt08575
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 175
IRS990/USAddress/CityNm0ASHBURN
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd031714
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.WIREGRASSRESOURCES.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTOPHER MARC REED
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02296130101
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WIREGRASS RESOURCE GROUP INC
ReturnHeader/Filer/BusinessNameControlTxt0WIRE
ReturnHeader/Filer/EIN0821723025
ReturnHeader/Filer/PhoneNum02296130101
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 175
ReturnHeader/Filer/USAddress/CityNm0ASHBURN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd031714
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582048162
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HUDSON & NESMITH CPAS & ADVISORS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 N MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SYLVESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd031791
ReturnHeader/PreparerPersonGrp/PhoneNum02297763311
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONALD D HUDSON
ReturnHeader/ReturnTs02023-03-21T17:17:41-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHRISTOPHER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0REED
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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