Growgood INC EIN 45-5472840

Growgood INC

Not yet claimed Claim this org →

Grows fresh food on an urban farm, providing meals, healing, and jobs. For fiscal year 2025 it reported $422K in revenue, $566K in expenses, and $595K in net assets.Pt I

Founded
2012
Type
Public charity (501(c)(3)) · Human Services
Location
Commerce, CA
Website
grow-good.org
Filings
6 on file (2020–2025)
Revenue
$422KFY2025
Expenses
$566K
Net assets
$595K
People
13
Filings
6
Updates
0
More identity details & actions ⌄
EIN  45-5472840 Public charity (501(c)(3)) Commerce, CA Founded 2012
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Growgood INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Grows fresh food on an urban farm, providing meals, healing, and jobs.
Leadership
Meghan Steed Garvey · Executive Dir. · $131K
Money in and out
$422K revenue, $566K expenses
Bottom line
55% program efficiency
Where the money goes · FY2025
Total revenue
$422K
Pt VIII · Ln 12
Total expenses
$566K
Pt IX · Ln 25
Net assets
$595K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$144K
Where spending went · Part IX cols B–D
Program services $0.55 Management & general $0.45
Program efficiency
55%
of spending reaches programs▼ -34% vs prior filing year
Operating runway
9.9mo
months of highly liquid reserves at operating expense rate▼ -30% vs prior filing year
Surplus margin
-34%
revenue over expenses, this year▼ -191% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$422K
FY2025▼ -48%
Expenses
$566K
FY2025▲ +11%
Total assets
$595K
FY2025▼ -19%
Total liabilities
$0
FY2025
Total revenue
$422K
Pt VIII · Ln 12
Total expenses
$566K
Pt IX · Ln 25
Net assets
$595K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$144K
Total assetsPt X · Ln 16$595K
Program-expense ratioPt IX · col B55%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

3 program services account for $312K of program spending, described in the organization's own filed words · FY2025.
01

Food Distribution

Donating weekly harvests to the salvation army's bell shelter and neighboring permanent supportive housing residents, we directly provide organically-grown, nutrient-dense produce to over 4,000 unique individuals each year.

$312Kprogram expense
02

Wellness Programming

On a weekly basis, the food for life program was hosted in our outdoor therapy space , twice weekly, sessions that are required for the bell shelter wellness participants. Through this program we taught 250 unique individuals, and on average there were 30 participants in each class.

Pt IX · col B
03

Workforce Development

We operate an on-the-job training program in urban agriculture for individuals with barriers to employment. Individuals are referred to the program from case managers at the bell shelter and other social service organizations.

Pt IX · col B

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGrowgood INC
EINHdr · item D45-5472840
Principal addressHdr · item CCommerce, CA
WebsiteHdr · item Jgrow-good.org
Year of formationHdr · item L2012
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P85)
Ruling yearIRS BMFSep 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
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

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$130,600Pt VII · Sec A
Past Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Meghan Steed Garvey’s $131K as Executive Dir. is at the 95th percentile of top reported officer pay among 2165 $100K–1M human services 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

NameFY2025FY2024FY2023
Meghan Steed Garvey$130,600$142,149
Meghan Steed$94,346

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.

See Growgood INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants100%$421K
Investment income$138
Other revenue$1K
— government grantsLn 1e$4K
Total revenueLn 12$422K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.55 Management & general $0.45
Program services55%$312K
Management & general45%$254K
Total functional expensesLn 25$566K

Balance Sheet

Part X · end of year
CashLn 1$465K
Total assetsLn 16$595K
Total liabilitiesLn 26$0
Total net assetsLn 32$595K
Months of cash on handcomputed9.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $465K · Operating expenses/yr $566K
9.9 months
Where the money goes
Program services
Program services $312K · Total expenses $566K
55%
Management & General
Management & general $254K · Total expenses $566K
45%
Fundraising
Fundraising $0 · Total expenses $566K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $9K · Solicited contributions (3-yr avg) $310K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $421K · Total revenue $422K
100%
Government reliance
Government grants $4K · Total revenue $422K
1%
Earned-income share
Program service revenue $0 · Total revenue $422K
0%
Investment reliance
Investment income $138 · Total revenue $422K
+0.03%
Program self-sufficiency
Program service revenue $0 · Total expenses $566K
0%
Growth & trend
Revenue growth (YoY)
This year $422K · Prior year $813K
-48%
Revenue CAGR
FY2020 $55K · FY2025 $422K
+50%
Net-asset trend (YoY)
End of year $595K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $422K · Expenses $566K
-34%
Liabilities-to-Assets
Total liabilities — · Total assets $595K
Net-asset ratio
Net assets $595K · Total assets $595K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $595K
0%
People & payroll
Highest Reported Total Compensation
Individual Meghan Steed Garvey · Reported title Executive Dir. · Highest reported compensation $131K · Total expenses $566K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $452K · Total expenses $566K
80%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 55%
Overhead ratio 45%
Revenue growth -48%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

Similar Organizations

Closest in mission — by what they do
See all organizations like Growgood INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$422K revenue · viewing · ⤓ 990 PDF
FY2024$813K revenue · ⤓ 990 PDF
FY2023$354K revenue · ⤓ 990 PDF
FY2022$374K revenue · ⤓ 990 PDF
FY2021$270K revenue · ⤓ 990 PDF
FY2020$55K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.