A โ€” Arts, Culture & HumanitiesEIN: 845074410ยท Ruling Year: 2020

Groove City Black Heritage & Culture Group Inc

Cambridge, Maryland

B-Health Score
47B-

Financial Health Score

Provisional

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Average

๐Ÿ’ฐ
$116K
Total Revenue
๐Ÿ“Š
$109K
Total Expenses
๐Ÿฆ
$40K
Net Assets
๐Ÿ“‹
$2K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+123.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+5.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.37
Net assets divided by total expenses
Liabilities-to-Assets
5.5%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$115,592โ†‘124%$109,293โ†‘69%$42,649โ†‘63%
2022$51,711$64,649$26,199

Frequently Asked Questions

What does Groove City Black Heritage & Culture Group Inc do?โ–ผ

Groove City Black Heritage & Culture Group Inc is a arts, culture & humanities nonprofit organization based in Maryland. It is classified under NTEE code A23 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Groove City Black Heritage & Culture Group Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Groove City Black Heritage & Culture Group Inc.

How much revenue does Groove City Black Heritage & Culture Group Inc generate?โ–ผ

Groove City Black Heritage & Culture Group Inc reports $100K in annual revenue and holds $59K in total assets, based on IRS filings.

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Groove City Black Heritage & Culture Group Inc โ€” Cambridge, MD | GiveScope