Thanks for the reply, elliot!
I’m new to BuddyPress as well, and it hasn’t been the easiest thing to work with. Below is a screenshot of what the group admin page looks like.
http://mercime.files.wordpress.com/2013/02/group-edit-panel1.png
Here is a link with an overview of what a group is. I’m sorry, I don’t think I could do a very good job of explaining it.
http://codex.buddypress.org/user/buddypress-components-and-features/groups/#admin