Grin & Grow Ltd FY2020 filing

Tax-deductible

Waterloo, IA501(c)(3)Since 1979EducationEIN 42-1135299Revenue $658K in FY2020

On file with the IRSgrowingmindsearlylearningcenter.org608 W 4th St, 50702-1502 · Waterloo, IATax-exempt since Jan 1980Publicly supported charity — 170(b)(1)(A)(vi)

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To provide a safe, nurturing, quality early childhood program to a diverse population regardless of income.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$43K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 7
filings with a surplus
Average surplus $71K a year · 10% of revenue · last 7 filings
Worth a look: a surplus in 3 of the last 7 filings.
Pt I · Ln 19 · 7 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$43K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 9.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $90K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$312K
76% of total assets
Worth a look: liabilities are 76% of assets; over 65%.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$658K
Spent
$365K
To programs
75%
Net assets
$96K
By yearFY2020–FY2026
Revenue
$658K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$658K
FY2021$854K
FY2022$623K
FY2023$772K
FY2024$610K
FY2025$631K
FY2026$642K
Expenses
$365K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$365K
FY2021$507K
FY2022$591K
FY2023$782K
FY2024$706K
FY2025$677K
FY2026$663K
Net assets
$96K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$96K
FY2021$580K
FY2022$574K
FY2023$594K
FY2024$467K
FY2025$421K
FY2026$400K

From the FY2020 Form 990 (year ending June 2020) · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Jan 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $275K Management & general 25% · $90K Fundraising 0% · $278

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $43K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Di
$35,128Pt VII · Sec A
Executive Di
$7,500Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Education Ch
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Development
$0Pt VII · Sec A

Ed Gruenwald’s $43K as Executive Di is at the 33rd percentile of top reported officer pay among 1613 $100K–1M education 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 · 2 named individuals · Part VII

NameFY2026FY2025FY2024FY2023FY2022FY2021
Ed Gruenwald$42,587$47,355$50,891$38,169$46,564$45,400
Melissa Ellis——————

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Offers safe, nurturing early childhood programs to diverse children, regardless of income.

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Provided by the organization

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1 program · $275K · in their own filed words · FY2019
01

Education, care and various activities were provided to 17,456 units of service for infant, preschool and schoolage children.

$275Kprogram expense

Funders

Who pays for it.

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$90K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$658K
Ln 12
Gifts and grantsLn 1h$557K
Fees for servicesLn 2g$101K
Other incomeLn 4–11$1K
Money outPt IX
$365K
Ln 25
Programscol B$275K
Managementcol C$90K
Fundraisingcol D$278
Owns and owesPt X
$96K
net assets · Ln 32
Cash and savingsLn 1–2$276K
Total assetsLn 16$408K
LiabilitiesLn 26$312K
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$557K
Government grantsLn 1e$251K
Fees for servicesLn 2g$101K
Investment incomeLn 3$27
Other incomeLn 4–11$1K
Total revenueLn 12$658K
Assets in detailPt X, end of year
CashLn 1$276K
Cash and savings togetherLn 1–2$276K
Land, buildings, equipmentLn 10c$11K
Total assetsLn 16$408K
LiabilitiesLn 26$312K
Net assetsLn 32$96K
OperationsPt I, VI
EmployeesI 525
VolunteersI 612
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$276K
Land, buildings, equipmentLn 10c$682$11K
Total assetsLn 16$2K$408K
LiabilitiesLn 26$520K$312K
Net assetsLn 32−$518K$96K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$43K$13K$30K
Other salaries and wagesLn 7$196K$166K$30K
Payroll taxesLn 10$23K$21K$2K
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$327$49$278
Office expensesLn 13$18K$3K$15K
OccupancyLn 16$80$80
TravelLn 17$263$263
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$51K$43K$9K
All other expensesLn 24e$17K$13K$4K
Total functional expensesLn 25$365K$275K$90K$278

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest $642K$663K−$20K$400K 990 PDF
FY2025 $631K$677K−$46K$421K 990 PDF
FY2024 $610K$706K−$97K$467K 990 PDF
FY2023 $772K$782K−$10K$594K 990 PDF
FY2022 $623K$591K$32K$574K 990 PDF
FY2021 $854K$507K$347K$580K 990 PDF
FY2020 Viewing $658K$365K$293K$96K 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
See the full FY2020 990 (6 parts)
Part I · Summary $658,451 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $106,910$556,537
I-9 Program service revenuePrior year $183,408$100,693
I-10 Investment income$27
I-11 Other revenuePrior year $210$1,194
I-12 Total revenuePrior year $290,528$658,451
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $512,324$261,852
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $75,368$103,211
I-18 Total expensesPrior year $587,692$365,063
I-19 Revenue less expensesPrior year −$297,164$293,388
Part VI · Governance 14 of 14 board members independent, 4 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $658,451 across 7 lines filed
VIII-1e Government grants$250,698
VIII-1f All other contributions, gifts and grants$305,839
VIII-1h Total contributions, gifts and grants$556,537
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $100,693$100,693
VIII-3 Investment incomeExcluded from tax $27$27
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,194$1,194
VIII-12 Total revenueRelated to mission $101,887 · Excluded from tax $27$658,451
Part IX · Statement of functional expenses $365,063 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $12,788 · Management $29,840$42,628
IX-7 Other salaries and wagesPrograms $166,300 · Management $29,856$196,156
IX-10 Payroll taxesPrograms $20,761 · Management $2,307$23,068
IX-11c Accounting feesPrograms $3,250$3,250
IX-12 Advertising and promotionPrograms $49 · Fundraising $278$327
IX-13 Office expensesPrograms $3,236 · Management $14,760$17,996
IX-16 OccupancyManagement $80$80
IX-17 TravelPrograms $263$263
IX-20 InterestPrograms $2,133$2,133
IX-22 Depreciation, depletion and amortizationPrograms $4,140$4,140
IX-23 InsurancePrograms $6,826$6,826
IX-24 Other expenses (24a–d)Programs $42,571 · Management $8,719$51,290
IX-24e All other expensesPrograms $12,840 · Management $4,066$16,906
IX-25 Total functional expensesPrograms $275,157 · Management $89,628 · Fundraising $278$365,063
Part X · Balance sheet $407,995 assets, 14 lines filed
X-1 Cash, non-interest-bearing$275,885
X-4 Accounts receivable$118,865
X-9 Prepaid expenses and deferred chargesStart of year $1,343$1,851
X-10c Land, buildings and equipment, netStart of year $682$11,394
X-16 Total assetsStart of year $2,025$407,995
X-17 Accounts payable and accrued expensesStart of year $485,246$117,437
X-19 Deferred revenue$44,000
X-24 Unsecured notes and loans payable$10,000
X-25 Other liabilities$100,745
X-26 Total liabilitiesStart of year $520,391$311,909
X-27 Net assets without donor restrictionsStart of year −$544,333$71,200
X-28 Net assets with donor restrictionsStart of year $25,967$24,886
X-32 Total net assets or fund balancesStart of year −$518,366$96,086
X-33 Total liabilities and net assetsStart of year $2,025$407,995
Part XI · Reconciliation of net assets $96,086 net assets at year end
XI-1 Total revenue$658,451
XI-2 Total expenses$365,063
XI-3 Revenue less expenses$293,388
XI-4 Net assets at start of year−$518,366
XI-8 Prior period adjustments$321,064
XI-10 Net assets at end of year$96,086

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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