S — Community Improvement & Capacity BuildingEIN: 843484606· 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

💰
$1.0M
Total Revenue
📊
$365K
Total Expenses
🏦
$775K
Net Assets
📋
$17K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

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

Frequently Asked Questions

What does Groover Labs Inc do?▼

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?▼

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?▼

Groover Labs Inc reports $770K in annual revenue and holds $1.5M in total assets, based on IRS filings.

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