J โ€” EmploymentEIN: 237378144ยท Ruling Year: 1975

Grow Associates Inc

Randolph, Massachusetts

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$5.8M
Total Revenue
๐Ÿ“Š
$5.7M
Total Expenses
๐Ÿฆ
$5.7M
Net Assets
๐Ÿ“‹
$7.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.8%
Year-over-year change (2023 โ†’ 2024)
Net Margin
+1.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.00
Net assets divided by total expenses
Liabilities-to-Assets
55.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$5,759,083โ†‘11%$5,677,169โ†‘17%$12,690,156โ†‘4%
2023$5,195,953โ†‘25%$4,850,162โ†‘9%$12,158,603โ†‘3%
2022$4,151,942โ†“11%$4,448,951โ†‘36%$11,859,296โ†‘102%
2021$4,675,470โ†“12%$3,278,117โ†“26%$5,880,414โ†‘29%
2020$5,292,822โ†‘5%$4,407,127โ†‘3%$4,563,511โ†‘25%
2019$5,026,674โ†‘6%$4,286,614โ†‘3%$3,656,117โ†‘28%
2018$4,726,460โ†‘6%$4,170,933โ†‘6%$2,853,510โ†‘15%
2017$4,476,785โ†‘6%$3,943,142โ†‘3%$2,479,039โ†‘17%
2016$4,221,813โ†‘7%$3,821,557โ†‘5%$2,112,145โ†‘20%
2015$3,963,659โ†‘12%$3,650,918โ†‘7%$1,766,816โ†‘17%
2014$3,537,685โ†‘23%$3,411,957โ†‘23%$1,504,111โ†“6%
2013$2,869,499โ†‘20%$2,769,196โ†‘19%$1,598,691โ†‘165%
2012$2,401,167$2,328,304$603,908

Frequently Asked Questions

What does Grow Associates Inc do?โ–ผ

Grow Associates Inc is a employment nonprofit organization based in Massachusetts. It is classified under NTEE code J33Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Grow Associates Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Grow Associates Inc has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Grow Associates Inc generate?โ–ผ

Grow Associates Inc reports $6.2M in annual revenue and holds $12.5M in total assets, based on IRS filings.

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Grow Associates Inc โ€” Randolph, MA | GiveScope