Grow More Foundation

Nonprofit profile at a glance

EIN
814900127
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-EZ 2017
Location
Commack, NY, USA
Phone
6313276178
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Professional Societies & Associations

Reported finances

Revenue
$76,830
Expenses
$55,885
Assets
$1,142,524
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • DR KATE M CREASEY (PRESIDENT)

People named in this filing

  • DR KATE M CREASEY (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Grow More Foundations mission is to provide education, promote awareness and establish transparency of biotechnological innovations in agriculture. Unlike technological and biomedical advances, biotechnological innovations are not so readily accepted by society. Our ability to bioengineer insect and viral resistance, biofortify crops for enriched nutrition, create edible vaccines and enhance photosynthesis for greater yield, is being hindered by one controversial application of genetic engineering: herbicide tolerance. We believe that an independent review of each application of bioediting and bioengineering is not only important for public understanding, but necessary for acceptance. We are a non-governmental organization comprised of internationally-recognized scientists who are engaging the public, regulatory and industry world-wide to encourage an open- dialogue to ensure food safety and security for all.

What it reported doing in 2024

Information program directly supporting mission

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 75
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.2%; rating input score 76
  • Program expense ratio: 88.1%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 27.3%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 20.44; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 24.5% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: -21.6% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: 14.3% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 76.2% of revenue deployed · 88.1% of spending went to programs
  • Governance: 4 of 4 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $49K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.