Civic Intelligence

Grin & Grow Ltd.

990 • Fiscal year 2019 • EIN 42-1135299

Jul 01, 2018 to Jun 30, 2019 • Filed on May 29, 2020

608 W 4th StWaterloo, IA 50702

(319) 291-2424

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

100th percentile

256.98x

Higher debt load relative to assets than 100% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

97th percentile

1.79x

Higher debt load relative to revenue than 97% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

5th percentile

-102%

Higher net margin than 5% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

89th percentile

$38,848

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 13.4% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

2nd percentile

-97%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

8th percentile

-55%

Faster revenue growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$2,025

Down $64,720 (-97%) from 2018

Net Assets

Down

-$518,366

Down $388,319 (-299%) from 2018

Liabilities

Up

$520,391

Up $323,599 (+164%) from 2018

Revenue

Down

$290,528

Down $351,368 (-55%) from 2018

Expenses

Down

$587,692

Down $139,289 (-19%) from 2018

Net Income

Down

-$297,164

Down $212,079 (-249%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500K-$1.0MAssets 2011: $37,253Liabilities 2011: $148,116Net Assets 2011: -$110,8632011Assets 2012: $67,094Liabilities 2012: $140,573Net Assets 2012: -$73,4792012Assets 2013: $55,800Liabilities 2013: $166,079Net Assets 2013: -$110,2792013Assets 2014: $83,493Liabilities 2014: $191,224Net Assets 2014: -$107,7312014Assets 2015: $79,948Liabilities 2015: $172,857Net Assets 2015: -$92,9092015Assets 2016: $129,596Liabilities 2016: $169,178Net Assets 2016: -$39,5822016Assets 2017: $109,420Liabilities 2017: $153,633Net Assets 2017: -$44,2132017Assets 2018: $66,745Liabilities 2018: $196,792Net Assets 2018: -$130,0472018Assets 2019: $2,025Liabilities 2019: $520,391Net Assets 2019: -$518,3662019Assets 2020: $407,995Liabilities 2020: $311,909Net Assets 2020: $96,0862020Assets 2021: $670,703Liabilities 2021: $90,905Net Assets 2021: $579,7982021Assets 2022: $575,423Liabilities 2022: $1,747Net Assets 2022: $573,6762022Assets 2023: $618,493Liabilities 2023: $24,141Net Assets 2023: $594,3522023Assets 2024: $492,111Liabilities 2024: $25,053Net Assets 2024: $467,0582024Assets 2025: $446,250Liabilities 2025: $25,678Net Assets 2025: $420,5722025

Highlighted filing

2019

Assets$2,025
Liabilities$520,391
Net Assets-$518,366

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $728,049Expenses 2011: $749,818Net Income 2011: -$21,7692011Expenses 2012: $711,7262012Expenses 2013: $688,0462013Revenue 2014: $729,677Expenses 2014: $727,129Net Income 2014: $2,5482014Revenue 2015: $781,063Expenses 2015: $766,241Net Income 2015: $14,8222015Revenue 2016: $730,588Expenses 2016: $677,261Net Income 2016: $53,3272016Revenue 2017: $621,375Expenses 2017: $702,974Net Income 2017: -$81,5992017Revenue 2018: $641,896Expenses 2018: $726,981Net Income 2018: -$85,0852018Revenue 2019: $290,528Expenses 2019: $587,692Net Income 2019: -$297,1642019Revenue 2020: $658,451Expenses 2020: $365,063Net Income 2020: $293,3882020Revenue 2021: $853,887Expenses 2021: $506,627Net Income 2021: $347,2602021Revenue 2022: $623,038Expenses 2022: $590,877Net Income 2022: $32,1612022Revenue 2023: $771,874Expenses 2023: $781,516Net Income 2023: -$9,6422023Revenue 2024: $609,811Expenses 2024: $706,482Net Income 2024: -$96,6712024Revenue 2025: $630,939Expenses 2025: $677,425Net Income 2025: -$46,4862025

Highlighted filing

2019

Revenue$290,528
Expenses$587,692
Net Income-$297,164
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 29, 2020
Return Version
2018v3.2
Gross Receipts
$290,528
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$59,500--
Loans From Officers Directors$5,510$5,510→ $0
Prepaid Expenses and Deferred Charges$1,342$1,343▲ $1
Land, Buildings, and Equipment, Net$5,903$682▼ $5,221
Total Assets$66,745$2,025▼ $64,720
Liabilities
Accounts Payable and Accrued Expenses$161,647$485,246▲ $323,599
Mortgage Notes Payable Secured by Investment Property$29,635$29,635→ $0
Total Liabilities$196,792$520,391▲ $323,599
Net Assets / Fund Balance
Permanently Rstr Net Assets$24,886$24,886→ $0
Temporarily Rstr Net Assets$1,081$1,081→ $0
Unrestricted Net Assets$-156,014$-544,333▼ $388,319
Total Net Assets Fund Balance$-130,047$-518,366▼ $388,319
Total Liabilities and Net Assets / Fund Balance$66,745$2,025▼ $64,720

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$682$64,107$64,789
Leasehold Improvements-$23,158$23,158
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Melissa EllisExecutive DiFT$38,848$38,848
Michael M KnappExecutive DiFT$9,649$9,649

Board Members and Trustees

NameTitle
Melinda HeinzBoard Presid
Morgan LasleyBoard Vice P
Carl HartsonDirector
Clifford HighnamDirector
Donna HuffDirector
Dusky SteeleDirector
Erin LyonsDirector
Jill BartaDirector
Nicholas BaileyDirector
Ronald Flory DrDirector
Ed GruenwaldExecutive Di
Cyndee ZuckSecretary
Nick MaasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$106,910
Program Service Revenue
$183,408
Investment Income
$0
Other Revenue
$210
All Other Contributions
$5,025
Change in Net Assets
$-297,164
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$512,324
Other Expenses$75,368
Total Fundraising Expense$940
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$399,947$4,685-$404,632
Payroll Taxes$51,785$6,962-$58,747
Current Officers, Directors, Trustees, and Key Employees$14,549$33,948-$48,497
All Other Expenses$10,770$717-$11,487
Other Expenses$5,086$5,103-$5,086
Fees for Services Accounting-$4,469-$4,469
Insurance$3,835--$3,835
Interest$2,447--$2,447
Advertising--$940$940
Depreciation Depletion$682--$682
Other Employee Benefits$395$53-$448
Office Expenses$175$175-$350
Travel$229--$229
Total Functional Expenses$529,858$56,894$940$587,692
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$5,510$5,510→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Governing board reviews in conjunction with annual meeting.

Form 990, Page 6, Part VI, Line 19

Information is available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Grin & Grow Ltd
EIN
42-1135299
Phone
3192912424
Address
608 W 4TH ST, WATERLOO, IA 50702

Signing Officer

Name
Ed Gruenwald
Title
Executive Director
Phone
3192912424
Signed
2020-05-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ed Gruenwald
Formed
1979
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
12
Employees
44
Volunteers
10

Preparer

Firm
Carney Alexander Marold & Co Llp
Address
PO BOX 1290, WATERLOO, IA 50704-1290
Preparer
Monica M Haag
Phone
3192333318
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The organization adopted accounting standards which require evaluation of the impact of uncertain tax positions taken or expected to be taken in a tax return. In some instances, the organization may be required to recognize a liability related to those tax positions. At june 30, 2019 and 2018, the organization had no uncertain tax positions requiring recognition in the financial statements. The organization is no longer subject to federal and state income tax examinations by tax authorities for years before june 30, 2016.

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IRS990/OtherRevenueTotalAmt0210
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04685
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0399947
IRS990/OtherSalariesAndWagesGrp/TotalAmt0404632
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06962
IRS990/PayrollTaxesGrp/ProgramServicesAmt051785
IRS990/PayrollTaxesGrp/TotalAmt058747
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt024886
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt024886
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01342
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01343
IRS990/PrincipalOfficerNm0ED GRUENWALD
IRS990/PriorPeriodAdjustmentsAmt0-91155
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0183408
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0183408
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0506826
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0199536
IRS990/PYOtherRevenueAmt032536
IRS990/PYProgramServiceRevenueAmt0102534
IRS990/PYRevenuesLessExpensesAmt0-85085
IRS990/PYSalariesCompEmpBnftPaidAmt0527445
IRS990/PYTotalExpensesAmt0726981
IRS990/PYTotalRevenueAmt0641896
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-297164
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0183618
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0106910
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0506826
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0459664
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0625681
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0651488
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02350569
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0714876
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73570
IRS990ScheduleA/PublicSupportPY170Pct00.70970
IRS990ScheduleA/PublicSupportTotal170Amt01729377
IRS990ScheduleA/SubstantialContributorsTotAmt0621192
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0106910
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0506826
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0459664
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0625681
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0651488
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IRS990ScheduleA/TotalSupportAmt02350574
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0682
IRS990ScheduleD/EquipmentGrp/DepreciationAmt064107
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt064789
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt023158
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt023158
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ADOPTED ACCOUNTING STANDARDS WHICH REQUIRE EVALUATION OF THE IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IN SOME INSTANCES, THE ORGANIZATION MAY BE REQUIRED TO RECOGNIZE A LIABILITY RELATED TO THOSE TAX POSITIONS. AT JUNE 30, 2019 AND 2018, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt05510
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ORGANIZATIONAL EXPENSE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt05510
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MIKE KNAPP
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt05510
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING BOARD REVIEWS IN CONJUNCTION WITH ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INFORMATION IS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01081
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt066745
IRS990/TotalAssetsEOYAmt02025
IRS990/TotalAssetsGrp/BOYAmt066745
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IRS990/TotalContributionsAmt0106910
IRS990/TotalEmployeeCnt044
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056894
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0529858
IRS990/TotalFunctionalExpensesGrp/TotalAmt0587692
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0196792
IRS990/TotalLiabilitiesEOYAmt0520391
IRS990/TotalLiabilitiesGrp/BOYAmt0196792
IRS990/TotalLiabilitiesGrp/EOYAmt0520391
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-130047
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-518366
IRS990/TotalProgramServiceExpensesAmt0529858
IRS990/TotalProgramServiceRevenueAmt0183408
IRS990/TotalReportableCompFromOrgAmt048497
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0183618
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0290528
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt066745
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02025
IRS990/TravelGrp/ProgramServicesAmt0229
IRS990/TravelGrp/TotalAmt0229
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-156014
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-544333
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0608 W 4TH ST
IRS990/USAddress/CityNm0WATERLOO

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.46$0.26$4.21$6.31$6.77$0.46
2024Summary only. Only limited summary data is available for this year.$4.92$0.25$4.67$6.10$7.06$0.97
2023Summary only. Only limited summary data is available for this year.$6.18$0.24$5.94$7.72$7.82$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.75$0.02$5.74$6.23$5.91$0.32
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.71$0.91$5.80$8.54$5.07$3.47
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.08$3.12$0.96$6.58$3.65$2.93
2019Detailed filing. Detailed filing data is available for this year.$0.02$5.20$5.18$2.91$5.88$2.97
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$1.97$1.30$6.42$7.27$0.85
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$1.54$0.44$6.21$7.03$0.82
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$1.69$0.40$7.31$6.77$0.53
2015Detailed filing. Detailed filing data is available for this year.$0.80$1.73$0.93$7.81$7.66$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.83$1.91$1.08$7.30$7.27$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$1.66$1.10$6.88
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$1.41$0.73$7.12
2011Summary only. Only limited summary data is available for this year.$0.37$1.48$1.11$7.28$7.50$0.22