Grow Company Inc Voluntary Employees Beneficiary Association
Grow Company Inc: Consistent Revenue, Minimal Assets, and Unclear Mission
EIN: 223015366 · Ridgefield, NJ · Updated: 2026-04-04
Is Grow Company Inc Voluntary Employees Beneficiary Association Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grow Company Inc Voluntary Employees Beneficiary Association
Grow Company Inc Voluntary Employees Beneficiary Association (EIN: 223015366) is a nonprofit organization based in Ridgefield, NJ. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grow Company Inc Voluntary Employees Beneficiary Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grow Company Inc Voluntary Employees Beneficiary Association is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $158K |
| Total Expenses | $158K |
| Surplus / Deficit | +$35 |
| Total Assets | $3K |
| Net Assets | $3K |
| Operating Margin | 0.0% |
| Months of Reserves | 0.2 months |
Financial Health Grade: B
In 2016, Grow Company Inc Voluntary Employees Beneficiary Association reported a surplus of $35 with revenue exceeding expenses, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2011–2016), Grow Company Inc Voluntary Employees Beneficiary Association's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -18.8% | -19.3% | +1.4% |
| 2015 | +5.8% | +3.9% | -27.2% |
| 2014 | +19.1% | +24.4% | -54.0% |
| 2013 | +0.5% | -0.3% | +72.8% |
| 2012 | +22.0% | +21.9% | +84.3% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Grow Company Inc Voluntary Employees Beneficiary Association with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Grow Company Inc Voluntary Employees Beneficiary Association allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $35, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures are provided in the available financial data.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Grow Company Inc Voluntary Employees Beneficiary Association's IRS 990 filings:
- The 'nt' (nonprofit type) field is missing, making it impossible to determine the organization's stated purpose or mission.
- All spending categories (programs, admin, fundraising) are reported as 0% across multiple years, which is highly improbable and suggests incomplete or miscategorized financial reporting.
- The organization is named 'Voluntary Employees Beneficiary Association' but lacks any clear indication of beneficiaries or benefits provided in the data.
- Assets are consistently very low (e.g., $2,622 in 2016) despite revenues in the hundreds of thousands, raising questions about asset management or reporting.
Strengths
The following positive indicators were identified for Grow Company Inc Voluntary Employees Beneficiary Association:
- The organization demonstrates consistent revenue generation over several years, ranging from $125,800 in 2011 to $194,200 in 2015.
Frequently Asked Questions about Grow Company Inc Voluntary Employees Beneficiary Association
Is Grow Company Inc Voluntary Employees Beneficiary Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Grow Company Inc Voluntary Employees Beneficiary Association (EIN: 223015366) significant concerns. Mission Score: 20/100. 4 red flags identified, 1 strength noted.
How does Grow Company Inc Voluntary Employees Beneficiary Association spend its money?
Detailed spending breakdown data is not yet available for Grow Company Inc Voluntary Employees Beneficiary Association. Check back for updated IRS 990 analysis.
Are donations to Grow Company Inc Voluntary Employees Beneficiary Association tax-deductible?
Grow Company Inc Voluntary Employees Beneficiary Association is registered as a tax-exempt nonprofit (EIN: 223015366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Grow Company Inc Voluntary Employees Beneficiary Association do?
Grow Company Inc Voluntary Employees Beneficiary Association is a nonprofit organization in the Unknown sector, located in Ridgefield, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Grow Company Inc Voluntary Employees Beneficiary Association have?
Grow Company Inc Voluntary Employees Beneficiary Association reported total revenue of N/A. Based on 6 IRS 990 filings on record.
What are Grow Company Inc Voluntary Employees Beneficiary Association's total assets?
Grow Company Inc Voluntary Employees Beneficiary Association holds total assets of N/A as reported in IRS 990 filings.
Where is Grow Company Inc Voluntary Employees Beneficiary Association located?
Grow Company Inc Voluntary Employees Beneficiary Association is based in Ridgefield, New Jersey.
What is Grow Company Inc Voluntary Employees Beneficiary Association's EIN?
Grow Company Inc Voluntary Employees Beneficiary Association's Employer Identification Number (EIN) is 223015366. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Grow Company Inc Voluntary Employees Beneficiary Association?
Grow Company Inc Voluntary Employees Beneficiary Association is classified under NTEE code Unknown (Unknown).
Is Grow Company Inc Voluntary Employees Beneficiary Association a registered 501(c)(3)?
Grow Company Inc Voluntary Employees Beneficiary Association appears in IRS records (EIN: 223015366). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Grow Company Inc Voluntary Employees Beneficiary Association file IRS Form 990?
Yes, Grow Company Inc Voluntary Employees Beneficiary Association has 6 IRS Form 990 filings on record. The most recent covers tax period 201606.
What was Grow Company Inc Voluntary Employees Beneficiary Association's revenue in 2016?
In the 201606 filing period, Grow Company Inc Voluntary Employees Beneficiary Association reported total revenue of $157,600, total expenses of $157,565, and net assets of $2,622.
Is Grow Company Inc Voluntary Employees Beneficiary Association's revenue growing or declining?
Grow Company Inc Voluntary Employees Beneficiary Association's revenue is declining. Revenue went from $194,200 (201506) to $157,600 (201606), a -18.8% change. Based on 6 filings on record.
What is Grow Company Inc Voluntary Employees Beneficiary Association's most recent 990 filing?
The most recent IRS Form 990 filing for Grow Company Inc Voluntary Employees Beneficiary Association covers tax period 201606. It shows revenue of $157,600, expenses of $157,565, total assets of $2,622, and liabilities of N/A.
Is Grow Company Inc Voluntary Employees Beneficiary Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Grow Company Inc Voluntary Employees Beneficiary Association has notable concerns. Mission Score: 20/100 (Poor). 4 red flags identified. 1 strength noted.
What are the red flags for Grow Company Inc Voluntary Employees Beneficiary Association?
The following concerns were identified: The 'nt' (nonprofit type) field is missing, making it impossible to determine the organization's stated purpose or mission.. All spending categories (programs, admin, fundraising) are reported as 0% across multiple years, which is highly improbable and suggests incomplete or miscategorized financial reporting.. The organization is named 'Voluntary Employees Beneficiary Association' but lacks any clear indication of beneficiaries or benefits provided in the data.. Assets are consistently very low (e.g., $2,622 in 2016) despite revenues in the hundreds of thousands, raising questions about asset management or reporting.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Grow Company Inc Voluntary Employees Beneficiary Association's strengths?
Positive indicators for Grow Company Inc Voluntary Employees Beneficiary Association include: The organization demonstrates consistent revenue generation over several years, ranging from $125,800 in 2011 to $194,200 in 2015.. These findings are derived from AI analysis of the organization's financial filings.
How does Grow Company Inc Voluntary Employees Beneficiary Association compensate executives?
Executive compensation cannot be assessed as no specific compensation figures are provided in the available financial data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Voluntary Employees Beneficiary Association' designation and consistent revenue, what specific benefits or services are provided to employees, and how are these funded if program expenses are reported as 0%?
The provided data does not specify the nature of benefits or services, nor does it reconcile the 0% program expense reporting with the organization's stated purpose. This suggests a significant lack of transparency regarding its core activities.
How does an organization with consistent revenue and minimal assets manage its financial operations without reporting any administrative or fundraising expenses?
The consistent reporting of 0% for administrative and fundraising expenses is highly unusual and suggests that these costs may be absorbed by another entity, miscategorized, or simply not reported, making it difficult to assess operational efficiency or overhead.
Filing History
IRS 990 filing history for Grow Company Inc Voluntary Employees Beneficiary Association showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Grow Company Inc Voluntary Employees Beneficiary Association's revenue has grown by 25.3%, moving from $126K to $158K. Total assets increased by 8% over the same period, from $2K to $3K. Total functional expenses rose by 26.9%, from $124K to $158K. In its most recent filing year (2016), Grow Company Inc Voluntary Employees Beneficiary Association reported a surplus of $35, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $158K | $158K | $3K | $0 | — | View 990 |
| 2015 | $194K | $195K | $3K | $0 | — | View 990 |
| 2014 | $184K | $188K | $4K | $0 | — | View 990 |
| 2013 | $154K | $151K | $8K | $0 | — | View 990 |
| 2012 | $154K | $151K | $4K | $0 | — | View 990 |
| 2011 | $126K | $124K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $158K, expenses of $158K, and assets of $3K (revenue -18.8% year-over-year).
- 2015: Revenue of $194K, expenses of $195K, and assets of $3K (revenue +5.8% year-over-year).
- 2014: Revenue of $184K, expenses of $188K, and assets of $4K (revenue +19.1% year-over-year).
- 2013: Revenue of $154K, expenses of $151K, and assets of $8K (revenue +0.5% year-over-year).
- 2012: Revenue of $154K, expenses of $151K, and assets of $4K (revenue +22.0% year-over-year).
- 2011: Revenue of $126K, expenses of $124K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grow Company Inc Voluntary Employees Beneficiary Association:
Data Sources and Methodology
This transparency report for Grow Company Inc Voluntary Employees Beneficiary Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.