Great Work Education Holdings Inc is located in Bentonville, AR. The organization was established in 2015. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Work Education Holdings Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Great Work Education Holdings Inc generated $7.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $1.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED TO SUPPORT AND MAINTAIN NONPROFIT FACILITIES AND PURCHASE OF PROPERTY FOR MAINTENANCE AND USE FOR OTHER NONPROFIT ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director, President | 1 | $0 | |
Name Not Listed Secretary | 1 | $0 | |
Name Not Listed Treasurer | 1 | $0 | |
Name Not Listed Vice President | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
County Builders Construction | 6/29/22 | $390,545 |
Great Works Inc | 6/29/22 | $361,773 |
Holland & Hart Llp | 6/29/22 | $96,550 |
Heitler Houstoun Architects | 6/29/22 | $57,094 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,050,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$274,037 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $222,350 |
| Total Revenue | $6,998,313 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,238 |
| Depreciation | $608,299 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $401,446 |
| Total operating and administrative expenses | $1,578,091 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,578,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $773,213 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $23,896,778 |
| Other assets | $0 |
| Total assets | $25,689,127 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |