Growth and Development Services INC

South Salem, NY · Public charity (501(c)(3)) · Animals

✓ Tax-deductible Latest data FY2024
Revenue
$245K
▲ +165% vs prior year
Spent
$108K
To programs
57%
Net assets
$147K

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
2 funders, incl. National Philanthropic Trust
$160K in the latest grant year.
Spent on programs?
57% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +165% vs prior year
Legal name (IRS)Hdr · item CGrowth and Development Services INC
EINHdr · item D13-3920404
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 1997
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CSouth Salem, NY
NTEE classificationIRS BMFAnimals (D50)
WebsiteHdr · item Jexcelgds.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.57 Management & general $0.43 Fundraising $0.00
Program services57%$62K
Management & general43%$46K
Fundraising$134
Total functional expensesLn 25$108K

Financial health

Revenue & expenses by yearFY2021–FY2024
Revenue
$245K
FY2024▲ +165%
Program efficiency
57%
of spending reaches programs
Operating runway
16.3mo
months of highly liquid reserves at operating expense rate▲ ×16 vs prior filing year
Surplus margin
+56%
revenue over expenses, this year▲ +430% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue less expensesPt I · Ln 19$137K
Total assetsPt X · Ln 16$147K
Program-expense ratioPt IX · col B57%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$147K
Total assetsLn 16$147K
Total liabilitiesLn 26$0
Total net assetsLn 32$147K
Months of cash on handcomputed16.3

Statement of Revenue

Part VIII
Contributions & grants$215K · 88%
Program service revenue$30K · 12%
Contributions & grants88%$215K
Program service revenue12%$30K
Other revenue$15
Total revenueLn 12$245K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $147K · Operating expenses/yr $108K
16.3 months
Where the money goes
Program services
Program services $62K · Total expenses $108K
57%
Management & General
Management & general $46K · Total expenses $108K
43%
Fundraising
Fundraising $134 · Total expenses $108K
0.1%
Cost to raise $1
Fundraising expense $134 · Solicited contributions $215K
$0.00 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $215K · Total revenue $245K
88%
Government reliance
Government grants — · Total revenue $245K
—
Earned-income share
Program service revenue $30K · Total revenue $245K
12%
Investment reliance
Investment income $0 · Total revenue $245K
0%
Program self-sufficiency
Program service revenue $30K · Total expenses $108K
28%
Growth & trend
Revenue growth (YoY)
This year $245K · Prior year $93K
+165%
Net-asset trend (YoY)
End of year $147K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $245K · Expenses $108K
+56%
Liabilities-to-Assets
Total liabilities — · Total assets $147K
—
Net-asset ratio
Net assets $147K · Total assets $147K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $147K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Gary Altheim · Reported title FOUNDER & EXECUTIVE DIRECTOR · Highest reported compensation $36K · Total expenses $108K
33%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $52K · Total expenses $108K
48%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 57%——
Overhead ratio 43%——
Fundraising cost ratio 0.06%——
Revenue growth 165%——
Accounting fee ratio 1%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Founder & Executive Director
$36,000Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Gary Altheim’s $36K as Founder & Executive Director is at the 38th percentile of top reported officer pay among 1220 $100K–1M animals nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Gary Altheim$36,000$27,000$36,000$31,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Empowers under-resourced youth to transform their lives through purpose and pride.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $62K of program spending, described in the organization's own filed words · FY2024.
01

-Youth and Family Services, Yfs the Excel Program

Our team of passionate professionals and volunteers: mental health counselors, social workers, arts educators, wellness instructors, academic tutors, and youth mentors combine to create a safe, empowering environment where the talents of young people are identified and nurtured and where the mental, emotional, and environmental…

$55Kprogram expense
02

The youth engaging seniors (yes) program is an intergenerational program that uses the transformational youth services of GDS. Both youth and elders have identified isolation and loneliness as major problems.

$7Kprogram expense
03

-training INSTITUTE.GDS provides internships and training for aspiring youth workers and mental health professionals on how to effectively work with at-risk youth.

Pt IX · col B

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$160K

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $245K$108K+165% 990 PDF
FY2023 $93K—-28% 990 PDF
FY2022 $128K—+41% 990 PDF
FY2021 $91K— 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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