Groove City Black Heritage & Culture Group Inc is located in Cambridge, MD. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Groove City Black Heritage & Culture 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 12/2023, Groove City Black Heritage & Culture Group Inc generated $115.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 49.5% each year . All expenses for the organization totaled $109.3k during the year ending 12/2023. While expenses have increased by 30.0% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IKE PROGRAM IS A MENTORING PROGRAM FOR MIDDLE SCHOOL STUDENTS DURING THE SUMMER FIELD TRIPS AND A CURRICULUM THAT INSPIRE STUDENTS TO DISCOVER THEIR VALUE, FIND PURPOSE AND BUILD STRENGTH TO BE SUCCESSFUL IN LIFE WHILE POSITIVELY CONTRIBUTING TO THEIR COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Veronica Taylor President / Executive Director | 40 | $50,000 | |
Andra Blake-Jones Vice President | 3 | $0 | |
Jamie Stanley Secretary | 3 | $0 | |
Sheila Jones Treasurer | 3 | $0 | |
Randolph Potter Board Of Directors | 3 | $0 | |
Dormaim Green Board Of Directors | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $90,536 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $25,056 |
Total Revenue | $115,592 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $54,808 |
Professional fees and other payments to independent contractors | $16,132 |
Occupancy, rent, utilities, and maintenance | $6,722 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $31,631 |
Total expenses | $109,293 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,929 |
Other assets | $0 |
Total assets | $42,649 |
Total liabilities | $2,365 |
Net assets or fund balances | $40,284 |