Growgood INC FY2024 filing

Tax-deductible

Commerce, CA501(c)(3)Since 2012Human ServicesEIN 45-5472840Revenue $813K in FY2024

On file with the IRSgrow-good.org5211 E Washington Blvd Ste 2 114, 90040-3963 · Commerce, CATax-exempt since Sep 2012Publicly supported charity — 170(b)(1)(A)(vi)

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Growgood is a los angeles based non-profit creating urban agricultural programs to empower people and transform communities. We believe in the power of food to unite people and to lay foundations for healthy communities through food distribution, wellness offerings, and jobs.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$142K 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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FY2024 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $70K a year · 16% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$142K
to officers and key staff · 28% of spending
Worth a look: pay to officers and key staff is 28% of spending; over 20%.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 14.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $471K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$813K
+130% vs prior year
Spent
$510K
To programs
84%
Net assets
$739K
By yearFY2020–FY2025
Revenue
$813K
FY2024▲ +130%
Tap a bar for its year
Revenue by fiscal year
FY2020$55K
FY2021$270K
FY2022$374K
FY2023$354K
FY2024$813K
FY2025$422K
Expenses
$510K
FY2024▲ +34%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$157K
FY2022$271K
FY2023$380K
FY2024$510K
FY2025$566K
Net assets
$739K
FY2024▲ +69%
Tap a bar for its year
Net assets by fiscal year
FY2020$246K
FY2021$359K
FY2022$463K
FY2023$436K
FY2024$739K
FY2025$595K

From the FY2024 Form 990 · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2012.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $428K Management & general 13% · $64K Fundraising 4% · $18K

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

11 people listed on the 990; $142K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$142,149Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$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 2168 $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.

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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 15aYes

Programs and updates

Grows fresh food on an urban farm, providing meals, healing, and jobs.

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Provided by the organization

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3 programs · $428K · in their own filed words · FY2024
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.

$428Kprogram 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

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
See all 8 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$813K
Ln 12
Gifts and grantsLn 1h$798K
Fees for servicesLn 2g$11K
Other incomeLn 4–11$4K
Money outPt IX
$510K
Ln 25
Programscol B$428K
Managementcol C$64K
Fundraisingcol D$18K
Owns and owesPt X
$739K
net assets · Ln 32
Cash and savingsLn 1–2$598K
Total assetsLn 16$739K
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$798K
Government grantsLn 1e$450K
Fees for servicesLn 2g$11K
Investment incomeLn 3$71
Other incomeLn 4–11$4K
Gains on assetsLn 7$0
Total revenueLn 12$813K
Assets in detailPt X, end of year
CashLn 1$254K
SavingsLn 2$345K
Cash and savings togetherLn 1–2$598K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$138K
Other assetsLn 15$1
Total assetsLn 16$739K
LiabilitiesLn 26$0
Net assetsLn 32$739K
OperationsPt I, VI
EmployeesI 529
VolunteersI 6625
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$285K$598K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$148K$138K
Total assetsLn 16$436K$739K
LiabilitiesLn 26$0$0
Net assetsLn 32$436K$739K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$142K$92K$36K$14K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$228K$228K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$17K$15K$2K$669
Payroll taxesLn 10$30K$26K$3K$1K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$8K$8K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$8K$5K$2K
Advertising and promotionLn 12$2K$1K$364$120
Office expensesLn 13$2K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17−$107−$107
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$12K$12K
InsuranceLn 23$8K$750$7K
Other expenses (24a–d)Ln 24$46K$44K$1K$1K
All other expensesLn 24e$6K$3K$3K$635
Total functional expensesLn 25$510K$428K$64K$18K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $422K$566K−$144K$595K 990 PDF
FY2024 Viewing $813K$510K$303K$739K 990 PDF
FY2023 $354K$380K−$26K$436K 990 PDF
FY2022 $374K$271K$104K$463K 990 PDF
FY2021 $270K$157K$113K$359K 990 PDF
FY2020 $55K$246K 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 FY2024 990 (6 parts)
Part I · Summary $813,245 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $328,111$797,649
I-9 Program service revenuePrior year $22,757$11,347
I-10 Investment incomePrior year $2,351$71
I-11 Other revenuePrior year $390$4,178
I-12 Total revenuePrior year $353,609$813,245
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $250,446$418,148
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $129,599$92,216
I-18 Total expensesPrior year $380,045$510,364
I-19 Revenue less expensesPrior year −$26,436$302,881
Part VI · Governance 10 of 10 board members independent, 3 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $813,245 across 10 lines filed
Lines not itemized here account for $4,178 of total revenue; see the IRS return.
VIII-1e Government grants$450,500
VIII-1f All other contributions, gifts and grants$347,149
VIII-1h Total contributions, gifts and grants$797,649
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,347$11,347
VIII-3 Investment incomeRelated to mission $71$71
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $15,596$813,245
Part IX · Statement of functional expenses $510,364 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $92,397 · Management $35,537 · Fundraising $14,215$142,149
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $228,406$228,406
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $15,089 · Management $1,671 · Fundraising $669$17,429
IX-10 Payroll taxesPrograms $26,114 · Management $2,893 · Fundraising $1,157$30,164
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $8,240$8,240
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $5,423 · Management $2,162$7,585
IX-12 Advertising and promotionPrograms $1,128 · Management $364 · Fundraising $120$1,612
IX-13 Office expensesManagement $2,291$2,291
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms −$107−$107
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $12,202$12,202
IX-23 InsurancePrograms $750 · Management $7,321$8,071
IX-24 Other expenses (24a–d)Programs $43,510 · Management $1,207 · Fundraising $1,435$46,152
IX-24e All other expensesPrograms $2,817 · Management $2,718 · Fundraising $635$6,170
IX-25 Total functional expensesPrograms $427,729 · Management $64,404 · Fundraising $18,231$510,364
Part X · Balance sheet $739,047 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $70,750$253,558
X-2 Savings and temporary cash investmentsStart of year $214,605$344,655
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or useStart of year $2,806$2,806
X-9 Prepaid expenses and deferred charges$297
X-10c Land, buildings and equipment, netStart of year $148,005$137,730
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$1
X-16 Total assetsStart of year $436,166$739,047
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $436,166$739,047
X-32 Total net assets or fund balancesStart of year $436,166$739,047
X-33 Total liabilities and net assetsStart of year $436,166$739,047
Part XI · Reconciliation of net assets $739,047 net assets at year end
XI-1 Total revenue$813,245
XI-2 Total expenses$510,364
XI-3 Revenue less expenses$302,881
XI-4 Net assets at start of year$436,166
XI-10 Net assets at end of year$739,047

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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