Growth Factory

Nonprofit profile at a glance

EIN
611999178
IRS 990 coverage
2022–2025
Forms available
Form 990 2025
Location
Rocklin, CA, USA
Phone
9253239351
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Small Business Development

Reported finances

Revenue
$497,298
Expenses
$385,476
Assets
$264,065
Liabilities
$18,702

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • MONIQUE BROWN (PRESIDENT)

Highest reported compensation

  • MEHRSHAD MANSOURI (MANAGING DIRECTOR): $119,039 total reported compensation
  • MONIQUE BROWN (PRESIDENT): $34,385 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide early stage entrepreneurs from northern California with access to capacity building programs, and a community of expert resources to support the growth and success of their companies

What it reported doing in 2025

The city of roseville and the growth factory designed programs and services to activate downtown roseville - located in an opportunity zone - and to support the growth of innovative startups and small businesses in the city and the broader region. In 2025, we strengthened our relationship with the city by continuing to attract thousands of people to the downtown space for events, programs and drop-in coworking. We've also continued to partner with over 20 local organizations and nonprofits to make the space available for events like women in tech networking, the western placer waste management pitch showcase, 1 million cups, beats lyrics leaders youth entrepreneurial bootcamp, creative economy forums and much more.build up rocklin, a program in partnership between growth factory and the city of rocklin, began planning its third cohort to begin in 2026. After servicing over 20 rocklin-based small businesses over the previous two cohorts, the program has provided over 300+ hours of support via workshops and office hours and $98k in grants to 20 companies.this is growth factory's 3rd year serving as entrepreneur-in-residence at sierra college where we have launched the sierra ignite & empower microgrant to support students in advancing their business ideas. To date, we've worked with over 50 students and facilitated $25,000 in microgrant funding from the sierra foundation. Examples of outputs from the program include a non-profit servicing neurodivergent adolescents, a pop-up soda store, a fashion boutique servicing amputees, and various independent contractors servicing their communities, these students represent future business leaders and our innovative workforce.

Operating model

Revenue model
Donor-supported. 68% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 86
  • Accountability: 74
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.5%; rating input score 78
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 20th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 22.5%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 0.69; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 39.8%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 6.9% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 4.4% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 25.7% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 77.5% of revenue deployed · 100% of spending went to programs
  • Governance: 3 of 3 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $385K in reported program spending
  • Leadership: top reported pay $119K · 4 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.