Grow Associates Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,292,822 | 4,407,127 | 885,695 | 11.4 | 58% |
| 2021 | 4,675,470 | 3,278,117 | 1,397,353 | 20.4 | 58% |
| 2022 | 4,151,942 | 4,448,951 | −297,009 | 14.2 | 49% |
| 2023 | 5,195,953 | 4,850,162 | 345,791 | 13.9 | 56% |
| 2024 | 5,759,083 | 5,677,169 | 81,914 | 12.0 | 58% |
In its most recent public year (2024), this organization brought in $81,914 more than it spent. Its reserves stood at about 12 months of spending. Staff pay was 58% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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