Growing Together Inc
EIN: 450527596 · Minot, ND · NTEE: L40
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $180K |
| Net Assets | $564K |
Is Growing Together Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Growing Together Inc
Growing Together Inc (EIN: 450527596) is a nonprofit organization based in Minot, ND, classified under NTEE code L40. The organization reported total revenue of $4K and total assets of $528K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Growing Together Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Growing Together Inc is a micro nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -21.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $180K |
| Surplus / Deficit | $-149,046 |
| Total Assets | $660K |
| Total Liabilities | $96K |
| Net Assets | $564K |
| Operating Margin | -477.3% |
| Debt-to-Asset Ratio | 14.6% |
| Months of Reserves | 44.0 months |
Financial Health Grade: B
In 2024, Growing Together Inc reported a deficit of $149K with expenses exceeding revenue, holds 44.0 months of operating reserves (strong position), has a debt-to-asset ratio of 14.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Growing Together Inc's revenue has declined at a compound annual growth rate (CAGR) of -21.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -95.2% | -70.5% | -20.2% |
| 2023 | -31.6% | -34.1% | -0.6% |
| 2022 | -22.1% | +1.9% | -1.2% |
| 2021 | +18.8% | +12.1% | +66.8% |
| 2020 | +51.7% | +14.5% | +206.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Growing Together Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Growing Together Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $149K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.6%.
Frequently Asked Questions about Growing Together Inc
Is Growing Together Inc a legitimate charity?
Growing Together Inc (EIN: 450527596) is a registered tax-exempt nonprofit based in North Dakota. It has 14 years of IRS 990 filings on record. Total revenue: $4K. No red flags identified. Financial health grade: B.
How does Growing Together Inc spend its money?
Growing Together Inc reported $4K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Growing Together Inc tax-deductible?
Growing Together Inc is registered as a tax-exempt nonprofit (EIN: 450527596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Growing Together Inc located?
Growing Together Inc is headquartered in Minot, North Dakota and files with the IRS under EIN 450527596. It is classified under NTEE code L40.
How many years of IRS 990 filings does Growing Together Inc have?
Growing Together Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4K in total revenue.
Filing History
IRS 990 filing history for Growing Together Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Growing Together Inc's revenue has declined by 95.3%, moving from $665K to $31K. Total assets increased by 373.8% over the same period, from $139K to $660K. Total functional expenses fell by 73%, from $667K to $180K. In its most recent filing year (2024), Growing Together Inc reported a deficit of $149K, with expenses exceeding revenue. The organization holds $96K in liabilities against $660K in assets (debt-to-asset ratio: 14.6%), resulting in net assets of $564K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $31K | $180K | $660K | $96K | — | — |
| 2023 | $651K | $610K | $827K | $116K | — | View 990 |
| 2022 | $952K | $926K | $832K | $162K | — | View 990 |
| 2021 | $1.2M | $909K | $842K | $167K | — | — |
| 2020 | $1.0M | $811K | $505K | $144K | — | View 990 |
| 2019 | $678K | $708K | $165K | $21K | — | View 990 |
| 2018 | $785K | $791K | $97K | $24K | — | View 990 |
| 2017 | $796K | $766K | $118K | $39K | — | View 990 |
| 2016 | $786K | $786K | $88K | $39K | — | View 990 |
| 2015 | $757K | $782K | $75K | $26K | — | View 990 |
| 2014 | $730K | $743K | $112K | $39K | — | View 990 |
| 2013 | $713K | $705K | $120K | $33K | — | View 990 |
| 2012 | $665K | $680K | $192K | $113K | — | View 990 |
| 2011 | $665K | $667K | $139K | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $31K, expenses of $180K, and assets of $660K (revenue -95.2% year-over-year).
- 2023: Revenue of $651K, expenses of $610K, and assets of $827K (revenue -31.6% year-over-year).
- 2022: Revenue of $952K, expenses of $926K, and assets of $832K (revenue -22.1% year-over-year).
- 2021: Revenue of $1.2M, expenses of $909K, and assets of $842K (revenue +18.8% year-over-year).
- 2020: Revenue of $1.0M, expenses of $811K, and assets of $505K (revenue +51.7% year-over-year).
- 2019: Revenue of $678K, expenses of $708K, and assets of $165K (revenue -13.7% year-over-year).
- 2018: Revenue of $785K, expenses of $791K, and assets of $97K (revenue -1.3% year-over-year).
- 2017: Revenue of $796K, expenses of $766K, and assets of $118K (revenue +1.2% year-over-year).
- 2016: Revenue of $786K, expenses of $786K, and assets of $88K (revenue +3.9% year-over-year).
- 2015: Revenue of $757K, expenses of $782K, and assets of $75K (revenue +3.7% year-over-year).
- 2014: Revenue of $730K, expenses of $743K, and assets of $112K (revenue +2.4% year-over-year).
- 2013: Revenue of $713K, expenses of $705K, and assets of $120K (revenue +7.2% year-over-year).
- 2012: Revenue of $665K, expenses of $680K, and assets of $192K (revenue +0.1% year-over-year).
- 2011: Revenue of $665K, expenses of $667K, and assets of $139K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Growing Together Inc:
Data Sources and Methodology
This transparency report for Growing Together Inc 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.