Growthworks Inc
Nonprofit profile at a glance
- EIN
- 161490325
- IRS 990-EZ coverage
- 2022–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2007
- Location
- Victor, NY, USA
- Phone
- 5852040690
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $71,718
- Expenses
- $61,860
- Assets
- $25,585
- Liabilities
- $15,285
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- David Vanable (President)
People named in this filing
- David Vanable (President)
- Frederick Dewey (Secretary)
- Sharon Arthur (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The vision .. a world community of deep connectedness, acceptance, and honoring of ourselves and each other, while celebrating our diversity and shared humanity. The mission of the organization is to create an environment of greater awareness - to teach tools for mindfulness, empowerment, and intentionality so people can live their personal vision - fostering happiness, satisfaction, and excitement for life making positive impact in their world. We provide professional development and personal growth trainings where people learn to identify the behaviors, patterns, and choices that are getting in the way of having the life they really deserve. In class students learn tools experientially - first by hearing ideas and concepts, next practicing them with each other to see what they feel like, and then talking about how these tools and insights can be used in our lives to make us happier and more effective - with others, and with ourselves.
What it reported doing in 2023
IPI is the next level of coursework. It is an intensive interpersonal training for graduates of the Core program. The length of the course is five days and the average class size is between 12 and 15. There were no offerings of IPI in this given year.
Operating model
- Revenue model
- Earned-program. 62% 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
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 20
- Transparency & Controls: 100
- Sustainability: 47
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 19.3%; rating input score 19
- Program expense ratio: 22.3%; rating input score 22
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 13.7%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.41; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0.6; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -89.6% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: 10.7% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 55.5% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 19.3% of revenue deployed · 22.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $14K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2022 to 2023
- 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 — Financial Efficiency: Mission deployment rate scored 19/100.
- High — Financial Efficiency: Program expense ratio scored 22/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.