Growing Grace Inc
Nonprofit profile at a glance
- EIN
- 862351394
- IRS 990 coverage
- 2022–2025
- Forms available
- Form 990 2025, Form 990-N 2021
- Location
- Fairfax, CA, USA
- Phone
- 4152726599
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $587,498
- Expenses
- $623,995
- Assets
- $52,240
- Liabilities
- $56,574
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- VERONICA COWEN (CEO)
Highest reported compensation
- ANEE SCHNEEMAN (CFO): $6,600 total reported compensation
- VERONICA COWEN (CEO): $700 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Growing Grace's mission is to strengthen family connections through education for children, youth, and their families; to support personal growth, development, and awareness, at the individual level, family unit, and for the community at large. Currently Growing Grace is operating as Kinderblast Preschool.
What it reported doing in 2025
2025 Growing Grace Annual SummaryKinderblastIn 2025, Kinderblast deepened its commitment to fostering the social-emotional development of students, recognizing that children who feel confident, connected, and supported are better equipped to thrive both academically and personally. At Kinderblast, we continue to center our work on nurturing each childs sense of belonging, self-worth, and capacity to build meaningful relationships.Throughout the year, our team of compassionate and emotionally attuned educators created intentional spaces where every child felt seen, valued, and encouraged to grow. This commitment extended beyond the classroom, strengthening our partnerships with families, who remain essential contributors to the Kinderblast community.Building on the success of previous years, Kinderblast hosted multiple Community Work Days in 2025, bringing families together to care for and enhance the school environment. These shared efforts not only supported the physical space but also reinforced for students the importance of collaboration, responsibility, and community stewardship.Kinderblast also expanded opportunities for connection through Community Field Trips, where students and their families engaged in outdoor exploration and environmental care. These experiences fostered deeper social bonds, encouraged teamwork, and helped cultivate a lasting sense of belonging within our community.Through these initiatives, Growing Grace continued to model the values of empathy, cooperation, and collective care. We are proud to support the holistic development of each child while strengthening the connections that make our community resilient and vibrant.As we look ahead, Growing Grace remains dedicated to expanding opportunities for meaningful engagement, ensuring that every child and family feels welcomed, supported, and empowered.Service Trips2025 was a year of planning and collaboration with our Nepali friends at NIMS (Nepal Integral Missiong Society). We did minimal fundraising for the program, but a lot of game planning for what 2026 would bring.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- 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
STRONG - 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 90
- Accountability: 63
- Sustainability: 16
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- 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 9 controls in place; rating input score 11
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -6.2%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 1.08; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 1.2%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 7.5% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: 8.2% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 3 of 3 board members independent · 1 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $624K in reported program spending
- Leadership: top reported pay $7K · 3 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 7 of 8 not reported.
- High — Sustainability: Operating margin scored 17/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.