S โ€” Community Improvement & Capacity BuildingEIN: 843484606ยท Ruling Year: 2020

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

๐Ÿ’ฐ
$1.0M
Total Revenue
๐Ÿ“Š
$365K
Total Expenses
๐Ÿฆ
$775K
Net Assets
๐Ÿ“‹
$17K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+104.7%
Year-over-year change (2022 โ†’ 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
YearRevenueExpensesAssets
2023$1,015,437โ†‘105%$364,943โ†“3%$791,740โ†‘498%
2022$496,050โ†‘131%$374,533โ†‘62%$132,464โ†‘4793%
2021$214,736โ†“13%$230,656โ†“5%$2,707โ†“86%
2020$245,633โ†‘332%$243,833โ†‘512%$18,738โ†‘11%
2019$56,807$39,869$16,938

Frequently Asked Questions

What does Groover Labs Inc do?โ–ผ

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?โ–ผ

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?โ–ผ

Groover Labs Inc reports $1.0M in annual revenue and holds $1.4M in total assets, based on IRS filings.

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Groover Labs Inc โ€” Wichita, KS | GiveScope