Groover Labs Inc
Wichita, Kansas
A-Health Score
77A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$1.0M
Total Revenue
📊
$365K
Total Expenses
🏦
$775K
Net Assets
📋
$17K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+104.7%
Year-over-year change (2022 → 2023)
Net Margin
+64.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.12
Net assets divided by total expenses
Liabilities-to-Assets
2.2%
Total liabilities as % of total assets
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,015,437↑105% | $364,943↓3% | $791,740↑498% | |
| 2022 | $496,050↑131% | $374,533↑62% | $132,464↑4793% | — |
| 2021 | $214,736↓13% | $230,656↓5% | $2,707↓86% | — |
| 2020 | $245,633↑332% | $243,833↑512% | $18,738↑11% | — |
| 2019 | $56,807 | $39,869 | $16,938 | — |
Frequently Asked Questions
What does Groover Labs Inc do?▼
Groover Labs Inc is a community improvement & capacity building nonprofit organization based in Kansas. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Groover Labs Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Groover Labs Inc.
How much revenue does Groover Labs Inc generate?▼
Groover Labs Inc reports $1.0M in annual revenue and holds $1.4M in total assets, based on IRS filings.
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