Civic Intelligence

Grow Academy

990 • Fiscal year 2018 • EIN 45-5332515

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

830 Kirkwood AvenueNashville, TN 37204-2638

(615) 810-9970

Siviq Scores

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

Liabilities / Assets

49th percentile

0.08x

Higher debt load relative to assets than 49% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

49th percentile

2.6%

Higher net margin than 49% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$263,300

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

86th percentile

29%

Faster asset growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$128,352

Up $29,196 (+29%) from 2017

Net Assets

Up

$118,081

Up $35,791 (+43%) from 2017

Liabilities

Down

$10,271

Down $6,595 (-39%) from 2017

Revenue

Up

$1,369,156

Up $143,386 (+12%) from 2017

Expenses

Up

$1,333,365

Up $102,632 (+8.3%) from 2017

Net Income

Up

$35,791

Up $40,754 (+821%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $67,464Liabilities 2012: $58,5372012Assets 2013: $76,011Liabilities 2013: $52,477Net Assets 2013: $23,5342013Assets 2014: $94,567Liabilities 2014: $61,815Net Assets 2014: $32,7522014Assets 2015: $107,461Liabilities 2015: $39,355Net Assets 2015: $68,1062015Assets 2016: $87,889Liabilities 2016: $16,009Net Assets 2016: $71,8802016Assets 2017: $99,156Liabilities 2017: $16,866Net Assets 2017: $82,2902017Assets 2018: $128,352Liabilities 2018: $10,271Net Assets 2018: $118,0812018Assets 2019: $132,787Liabilities 2019: $27,584Net Assets 2019: $105,2032019Assets 2020: $1,024,601Liabilities 2020: $174,163Net Assets 2020: $850,4382020Assets 2021: $1,309,935Liabilities 2021: $19,459Net Assets 2021: $1,290,4762021Assets 2022: $1,679,183Liabilities 2022: $19,023Net Assets 2022: $1,660,1602022Assets 2023: $1,796,139Liabilities 2023: $36,791Net Assets 2023: $1,759,3482023Assets 2024: $1,564,081Liabilities 2024: $13,968Net Assets 2024: $1,550,1132024

Highlighted filing

2018

Assets$128,352
Liabilities$10,271
Net Assets$118,081

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $95,715Expenses 2012: $86,788Net Income 2012: $8,9272012Revenue 2013: $513,966Expenses 2013: $494,651Net Income 2013: $19,3152013Revenue 2014: $802,565Expenses 2014: $802,838Net Income 2014: -$2732014Revenue 2015: $1,030,826Expenses 2015: $997,649Net Income 2015: $33,1772015Revenue 2016: $1,046,039Expenses 2016: $1,029,464Net Income 2016: $16,5752016Revenue 2017: $1,225,770Expenses 2017: $1,230,733Net Income 2017: -$4,9632017Revenue 2018: $1,369,156Expenses 2018: $1,333,365Net Income 2018: $35,7912018Revenue 2019: $1,459,607Expenses 2019: $1,472,485Net Income 2019: -$12,8782019Revenue 2020: $2,186,074Expenses 2020: $1,440,839Net Income 2020: $745,2352020Revenue 2021: $2,192,537Expenses 2021: $1,751,771Net Income 2021: $440,7662021Revenue 2022: $2,575,480Expenses 2022: $2,205,796Net Income 2022: $369,6842022Revenue 2023: $2,519,768Expenses 2023: $2,420,580Net Income 2023: $99,1882023Revenue 2024: $2,319,571Expenses 2024: $2,528,806Net Income 2024: -$209,2352024

Highlighted filing

2018

Revenue$1,369,156
Expenses$1,333,365
Net Income$35,791
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$1,369,156
Mission and Program Overview

Mission

To a child, each day is an adventure filled with new experiences and lessons. At grow academy, our goal is to guide our students on their personal adventures in order to facilitate maximum mental, physical, and emotional growth through christ. We strive to create a nurturing environment, not only for our students to learn, but also for their parents to feel welcome and comfortable. Our mission is to play an integral role in our students' lives--to help them as they grow into healthy, productive, well-rounded individuals in a christian environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$73,799$106,822▲ $33,023
Land, Buildings, and Equipment, Net$25,357$21,530▼ $3,827
Loans From Officers Directors$3,461$3,461→ $0
Total Assets$99,156$128,352▲ $29,196
Liabilities
Unsecured Notes Loans Payable$12,950$6,735▼ $6,215
Other Liabilities$455$75▼ $380
Total Liabilities$16,866$10,271▼ $6,595
Net Assets / Fund Balance
Unrestricted Net Assets$82,290$118,081▲ $35,791
Total Net Assets Fund Balance$82,290$118,081▲ $35,791
Total Liabilities and Net Assets / Fund Balance$99,156$128,352▲ $29,196

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$19,623$19,226$38,849
Equipment$1,430$29,206$30,636
Other Land Buildings$477$4,884$5,361
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rosalie JordanPresident/exFT$263,300$263,300
Rosalie JordanPresident/exec Director-$263,300$263,300
James E JordanDirectorFT$78,000$78,000

Board Members and Trustees

NameTitle
Harold HornbergerDirector
Gwen HornbergerOfficer
Sally BrackmanOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,369,151
Investment Income
$5
Other Revenue
$0
Change in Net Assets
$35,791
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$851,588
Other Expenses$481,777
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$510,288--$510,288
Current Officers, Directors, Trustees, and Key Employees$341,300--$341,300
Occupancy$206,707$5,955-$212,662
Office Expenses-$27,302-$27,302
Insurance$8,996$259-$9,255
Depreciation Depletion$3,733$94-$3,827
Fees for Services Other$2,067--$2,067
Interest-$1,646-$1,646
Fees for Services Accounting-$1,050-$1,050
Advertising-$393-$393
All Other Expenses$5$155-$160
Other Expenses$99$3-$102
Total Functional Expenses$1,092,029$241,336$0$1,333,365
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
James Rosalie JordanLessorBuilding RentNo$182,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$3,461$3,461→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$75
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
Yes
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

Form 990 and all schedules are reviewed by the executive director before being filed.

Form 990, Page 6, Part VI, Line 19

All governing documents, policies, and financial statements are available to the public for viewing upon request at the offices of the organization, and copies can be sent upon request via us mail.

Filing and Contact Details

Filer

Filer Name
Grow Academy
EIN
45-5332515
Phone
6158109970
Address
830 KIRKWOOD AVENUE, NASHVILLE, TN 37204-2638

Signing Officer

Name
Rosalie Jordan
Title
President/exec Director
Phone
6158109970
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rosalie Jordan
Formed
2012
Legal Domicile
Tn
Voting Board Members
5
Independent Board Members
5
Employees
60
Volunteers
2

Preparer

Firm
Crisler CPA Pllc
Address
5250 VIRGINIA WAY STE 220, BRENTWOOD, TN 37027-7576
Preparer
Carrol Kessens CPA Cgma
Phone
6153733388
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To a child, each day is an adventure filled with new experiences and lessons. At grow academy, our goal is to guide our students on their personal adventures in order to facilitate maximum mental, physical, and emotional growth through christ. We strive to create a nurturing environment, not only for our students to learn, but also for their parents to feel welcome and comfortable. Our mission is to play an integral role in our students' lives--to help them as they grow into healthy, productive, well-rounded individuals in a christian environment.

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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1RECEIVED 1.56% OF PROGRAM REVENUE FROM STATE AGENCY.
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IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0263300
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROSALIE JORDAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/EXEC DIR
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IRS990ScheduleJ/SeverancePaymentInd0false
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JAMES ROSALIE JORDAN
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt035000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0NOTE PAYABLE - JORDAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt03461
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO A CHILD, EACH DAY IS AN ADVENTURE FILLED WITH NEW EXPERIENCES AND LESSONS. AT GROW ACADEMY, OUR GOAL IS TO GUIDE OUR STUDENTS ON THEIR PERSONAL ADVENTURES IN ORDER TO FACILITATE MAXIMUM MENTAL, PHYSICAL, AND EMOTIONAL GROWTH THROUGH CHRIST. WE STRIVE TO CREATE A NURTURING ENVIRONMENT, NOT ONLY FOR OUR STUDENTS TO LEARN, BUT ALSO FOR THEIR PARENTS TO FEEL WELCOME AND COMFORTABLE. OUR MISSION IS TO PLAY AN INTEGRAL ROLE IN OUR STUDENTS' LIVES--TO HELP THEM AS THEY GROW INTO HEALTHY, PRODUCTIVE, WELL-ROUNDED INDIVIDUALS IN A CHRISTIAN ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 AND ALL SCHEDULES ARE REVIEWED BY THE EXECUTIVE DIRECTOR BEFORE BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC FOR VIEWING UPON REQUEST AT THE OFFICES OF THE ORGANIZATION, AND COPIES CAN BE SENT UPON REQUEST VIA US MAIL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt099156
IRS990/TotalAssetsEOYAmt0128352
IRS990/TotalAssetsGrp/BOYAmt099156
IRS990/TotalAssetsGrp/EOYAmt0128352
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt060
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0241336
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01092029
IRS990/TotalFunctionalExpensesGrp/TotalAmt01333365
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016866
IRS990/TotalLiabilitiesEOYAmt010271
IRS990/TotalLiabilitiesGrp/BOYAmt016866
IRS990/TotalLiabilitiesGrp/EOYAmt010271
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt082290
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0118081
IRS990/TotalProgramServiceExpensesAmt01092029
IRS990/TotalProgramServiceRevenueAmt01369151
IRS990/TotalReportableCompFromOrgAmt0341300
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01369156
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01369156
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt099156
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0128352
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt082290
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0118081
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt012950
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt06735
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0830 KIRKWOOD AVENUE
IRS990/USAddress/CityNm0NASHVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd0372042638
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.GROWACADEMYNASHVILLE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROSALIE JORDAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/EXEC DIR
ReturnHeader/BusinessOfficerGrp/PhoneNum06158109970
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GROW ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0GROW
ReturnHeader/Filer/EIN0455332515
ReturnHeader/Filer/PhoneNum06158109970
ReturnHeader/Filer/USAddress/AddressLine1Txt0830 KIRKWOOD AVENUE
ReturnHeader/Filer/USAddress/CityNm0NASHVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd0372042638
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D5043F54B664F1DE251257F0C9350D9936ADCF9B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F21CCBEE7B1E962CA48C6C04475DE82D942A5122
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.94.191.233
ReturnHeader/FilingSecurityInformation/IPDt02019-11-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm013:06:21
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0510463228
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CRISLER CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05250 VIRGINIA WAY STE 220
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRENTWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0370277576
ReturnHeader/PreparerPersonGrp/PhoneNum06153733388
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARROL KESSENS CPA CGMA
ReturnHeader/ReturnTs02019-11-06T13:06:21-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.01$1.55$2.32$2.53$0.21
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.04$1.76$2.52$2.42$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.68$0.02$1.66$2.58$2.21$0.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.02$1.29$2.19$1.75$0.44
2020Detailed filing. Detailed filing data is available for this year.$1.02$0.17$0.85$2.19$1.44$0.75
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.03$0.11$1.46$1.47$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.13$0.01$0.12$1.37$1.33$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.02$0.08$1.23$1.23$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.02$0.07$1.05$1.03$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.04$0.07$1.03$1.00$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.06$0.03$0.80$0.80$0.00
2013Summary only. Only limited summary data is available for this year.$0.08$0.05$0.02$0.51$0.49$0.02
2012Summary only. Only limited summary data is available for this year.$0.07$0.06$0.10$0.09$0.01