Association for Corporate Growth - Group
Nonprofit profile at a glance
- EIN
- 911868118
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Chicago, IL, USA
- Phone
- 3129574286
- Rating confidence
- Limited
Reported finances
- Revenue
- $14,797,468
- Expenses
- $13,641,861
- Assets
- $12,457,804
- Liabilities
- $1,875,637
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
709 people listed
Executive titles in this filing
- THOMAS TURMELL (VICE PRESIDENT)
- NORMAN MENDOZA (PRESIDENT-ARIZONA)
- JIM MCHUGH (VICE PRESIDENT PROGRAMS - ARIZONA)
- CHRISTOPHER ROGERS (PAST PRESIDENT-ARIZONA)
- WES ROBINSON (VICE PRESIDENT AMBASSADORS-ARIZONA)
- JOHN O'CONNOR (VICE PRESIDENT)
Highest reported compensation
- BRENT BAXTER (CEO - ACG): $443,462 total reported compensation
- CLAIRE ROMERA (EXECUTIVE DIRECTOR-CHICAGO): $247,582 total reported compensation
- MORGAN STONE (EXECUTIVE DIRECTOR-HOUSTON): $236,332 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the professional and business interest of the association for corporate growth members by providing access to knowledge and business opportunities through networking, communications, and forums related to both internal and external corporate growth. Effectively support local chapters in achieving their membership, networking and programming goals and strengthen the perceived value provided by the association.
What it reported doing in 2024
Monthly membership meetings and seminars-- see part viii for breakdown of revenue by categorychapter activities and meetings provide the forum through which the association objectives are fulfilled, chapter meetings/activities foster networking for members of the association and provide members with the opportunity to: a) gain new ideas from speakers, seminars and discussion with people working in the field of corporate growth and; b) develop additional skills and techniques which will contribute to the growth of their respective organizations; c) meet other corporate growth professionals who can provide counsel and valuable contacts.
Operating model
- Revenue model
- Earned-program. 89% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 74
- Accountability: 86
- Sustainability: 47
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 87.5%; rating input score 88; 2nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 91.8%; rating input score 92; 21st percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 7.8%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 65; 65th percentile among comparable filings
- Officer compensation ratio: 15.5%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -3.5% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -2.6% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 625 of 625 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $443K · 709 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $532K reported
- Consistency: 9 of 10 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 8 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 19 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- High — Sustainability: Officer compensation ratio scored 8/100.