Wise Steward Group Inc
- Assets
- $5.0k
- Revenue
- $270.1k
- Investments
- $0.0
- Employees
- 10
- Location
- Dahlonega, GA
- Founding
- 08/2018
- Data as of
- 12/2021
- EIN
- 82-3012839
Organization Overview
Wise Steward Group Inc is located in Dahlonega, GA. The organization was established in 2018. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 12/2021, Wise Steward Group Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wise Steward Group 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 12/2021, Wise Steward Group Inc generated $270.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 29.8% each year . All expenses for the organization totaled $291.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO GROW OURSELVES AND OTHERS INTO A CLOSER RELATIONSHIP WITH CHRIST, BY USING THE GIFTS, TALENTS, AND RESOURCES GOD HAS GIVEN US TO ACHIEVE THESE GOALS. WE WANT TO ACCOMPLISH OUR VISION AND MISSION BY USING THE EXPERIENCE AND KNOWLEDGE GOD HAS GRANTED US THROUGHOUT THE PAST TO MAKE THIS A REALITY. WITH YEARS OF EXPERIENCE IN ONLINE SALES, RETAIL SALES, MANAGEMENT, MARKETING, AND THE MOVEMENT OF GOODS ON VARIOUS ONLINE MARKETPLACES, WE PLAN TO UTILIZE THESE STRENGTHS TO ACHIEVE SUCCESS IN STORE AND ONLINE. ONE OF THE WAYS WE WILL ACCOMPLISH THE MONETIZATION OF THE PHYSICAL DONATION WILL BE THROUGH OUR IN-STORE BRANCH, CALLED "MY PURPOSE THRIFT". WE WILL HAVE A PHYSICAL THRIFT STORE BRANCH OF OPERATIONS THAT WILL BE THE MAIN OUTLET TO MOVE MERCHANDISE THROUGH THE MARKETPLACE. THIS THRIFT STORE BRANCH WILL ALSO SELL MERCHANDISE ONLINE, AND THROUGH OTHER SOCIAL MEDIA PLATFORMS TO MONETIZE THE DONATIONS. OUR GOAL AND VISION IS TO EVENTUALLY INCLUDE MULTIPLE BRANCHES AND LOCATIONS THROUGHOUT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WISE STEWARD GROUP IS A NONPROFIT ORGANIZATION CREATED TO HELP OTHER CHURCHES, ORGANIZATIONS, AND CHARITIES GENERATE AND MONETIZE PHYSICAL DONATIONS TO GLORIFY GOD.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trevor Cain President | OfficerTrustee | 10 | $20,800 |
Brad Faulkner Vice Preside | OfficerTrustee | 1 | $0 |
Mike Robertson Treasurer | Trustee | 1 | $0 |
Scott Nanney Board Member | Trustee | 1 | $0 |
John Langford Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,000 |
| Total Program Service Revenue | $267,063 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $270,063 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,044 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,130 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $671 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,975 |
| Advertising and promotion | $1,940 |
| Office expenses | $84,256 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,369 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $154 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,517 |
| All other expenses | $0 |
| Total functional expenses | $291,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,540 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,450 |
| Total assets | $4,990 |
| Accounts payable and accrued expenses | $9,066 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $947 |
| Total liabilities | $10,013 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$5,023 |
| Total liabilities and net assets/fund balances | $4,990 |
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