Civic Intelligence

Growing Together Inc

990 • Fiscal year 2019 • EIN 47-1572366

Jul 01, 2018 to Jun 30, 2019 • Filed on May 26, 2020

18 S LEWIS Suite 200Tulsa, OK 74104

(918) 671-3046

Siviq Scores

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

Liabilities / Assets

66th percentile

0.11x

Higher debt load relative to assets than 66% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

55th percentile

0.04x

Higher debt load relative to revenue than 55% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

63rd percentile

9.3%

Higher net margin than 63% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

89th percentile

$108,556

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 17.0% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

81st percentile

26%

Faster asset growth than 81% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

27th percentile

-7.9%

Faster revenue growth than 27% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$239,577

Up $49,621 (+26%) from 2018

Net Assets

Up

$213,131

Up $59,351 (+39%) from 2018

Liabilities

Down

$26,446

Down $9,730 (-27%) from 2018

Revenue

Down

$637,537

Down $54,421 (-7.9%) from 2018

Expenses

Down

$578,186

Down $203,245 (-26%) from 2018

Net Income

Up

$59,351

Up $148,824 (+166%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $3,059,272Liabilities 2015: $1,858,878Net Assets 2015: $1,200,3942015Assets 2016: $2,681,285Liabilities 2016: $1,867,435Net Assets 2016: $813,8502016Assets 2017: $2,935,734Liabilities 2017: $1,225,913Net Assets 2017: $1,709,8212017Assets 2018: $189,956Liabilities 2018: $36,176Net Assets 2018: $153,7802018Assets 2019: $239,577Liabilities 2019: $26,446Net Assets 2019: $213,1312019Assets 2020: $304,120Liabilities 2020: $156,832Net Assets 2020: $147,2882020Assets 2021: $2,296,611Liabilities 2021: $245,158Net Assets 2021: $2,051,4532021Assets 2022: $2,178,043Liabilities 2022: $174,890Net Assets 2022: $2,003,1532022Assets 2023: $4,065,869Liabilities 2023: $1,020,128Net Assets 2023: $3,045,7412023Assets 2024: $6,917,075Liabilities 2024: $1,152,647Net Assets 2024: $5,764,4282024

Highlighted filing

2019

Assets$239,577
Liabilities$26,446
Net Assets$213,131

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $824,223Expenses 2015: $2,453,071Net Income 2015: -$1,628,8482015Revenue 2016: $3,307,071Expenses 2016: $3,683,807Net Income 2016: -$376,7362016Revenue 2017: $572,413Expenses 2017: $1,092,029Net Income 2017: -$519,6162017Revenue 2018: $691,958Expenses 2018: $781,431Net Income 2018: -$89,4732018Revenue 2019: $637,537Expenses 2019: $578,186Net Income 2019: $59,3512019Revenue 2020: $585,816Expenses 2020: $651,656Net Income 2020: -$65,8402020Revenue 2021: $3,260,998Expenses 2021: $1,356,837Net Income 2021: $1,904,1612021Revenue 2022: $1,719,039Expenses 2022: $1,767,339Net Income 2022: -$48,3002022Revenue 2023: $3,457,857Expenses 2023: $2,415,269Net Income 2023: $1,042,5882023Revenue 2024: $5,122,924Expenses 2024: $2,383,870Net Income 2024: $2,739,0542024

Highlighted filing

2019

Revenue$637,537
Expenses$578,186
Net Income$59,351
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 26, 2020
Return Version
2018v3.3
Gross Receipts
$637,537
Mission and Program Overview

Mission

Creating pathways for children to break the cycle of poverty through education, community vibrancy, and the built environment.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$59,495$182,265▲ $122,770
Land, Buildings, and Equipment, Net$63,307$46,195▼ $17,112
Prepaid Expenses and Deferred Charges$0$6,306▲ $6,306
Pledges and Grants Receivable$67,154$4,800▼ $62,354
Accounts Receivable$0$11▲ $11
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$189,956$239,577▲ $49,621
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$36,176$13,358▼ $22,818
Other Liabilities$0$13,088▲ $13,088
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$36,176$26,446▼ $9,730
Net Assets / Fund Balance
Unrestricted Net Assets$153,780$213,131▲ $59,351
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$153,780$213,131▲ $59,351
Total Liabilities and Net Assets / Fund Balance$189,956$239,577▲ $49,621

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$40,566$68,931$109,497
Leasehold Improvements$3,144$1,267$4,411
Equipment$2,485$1,658$4,143
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kirk WesterExecutive DirectorFT$93,756$14,800$108,556

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$599,115
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$38,422
All Other Contributions
$599,115
Change in Net Assets
$59,351
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$339,564
Other Expenses$238,622
Total Fundraising Expense$45,440
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$106,571$74,941-$181,512
Office Expenses$61,813$33,930$3,993$99,736
Comp Disqual Persons$34,032$34,032$29,149$97,213
Other Employee Benefits$19,867$15,786$4,331$39,984
All Other Expenses$14,507$6,654$1,285$22,446
Fees for Services Management-$21,743-$21,743
Payroll Taxes$9,992$8,706$2,157$20,855
Depreciation Depletion$16,568$544-$17,112
Travel$7,325$403$53$7,781
Insurance-$2,326-$2,326
Fees for Services Legal-$1,556-$1,556
Other Expenses$1,530$449$4,472$449
Total Functional Expenses$322,209$210,537$45,440$578,186
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Pto$7,745
Credit Cards$5,346
Payroll Liabilities$-3
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Once a draft of the 990 is complete it will be presented to the board of directors for review. The members of the board will have the chance to ask questions and gain clairification at the board meeting following the date the draft 990 is completed.

Form 990, Part VI, Section B, Line 12C

Officers signed a conflict of interest disclosure document.

Form 990, Part VI Section B, Line 15

The board of directors deliberated independently from the executive director about compensation, consulted an external hr consultant as to what was acceptable, made a proposal, voted unanimously and presented to the executive director.

FORM 990, PART VI, SECTION C, LINE 19:

They were not made available to the public.

Filing and Contact Details

Filer

Filer Name
Growing Together Inc
EIN
47-1572366
In Care Of
% MARINER WEALTH ADVISORS
Phone
9186713046
Address
18 S LEWIS Suite 200, TULSA, OK 74104

Signing Officer

Name
Kirk Wester
Title
Executive Director
Signed
2020-05-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kirk Wester
Formed
2014
Legal Domicile
Ok
Voting Board Members
13
Independent Board Members
13
Employees
8
Volunteers
43

Preparer

Firm
Mariner Wealth Advisors
Address
4200 EAST SKELLY DRIVE SUITE 960, TULSA, OK 74135
Preparer
Jennifer Kohlbacher CPA
Phone
9183881655
Supplemental Narrative

Additional Explanations

FORM 990, PART 1, LINE 1 DESCRIPTION OF ORGANIZATION MISSION:

To provide tulsa residents of vulnerable communities the resources and support to improve their schools and neighborhoods thereby ensuring every opportunity for success for their residents and children.

Form 990, Part XII, Line 2B

Beginning in july of 2019 an audit & finance committee has overseen the audit and review of growing together's financial statements as well as the selection of an independent accountant.

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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0CREATING PATHWAYS FOR CHILDREN TO BREAK THE CYCLE OF POVERTY THROUGH EDUCATION, COMMUNITY VIBRANCY, AND THE BUILT ENVIRONMENT.
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IRS990/OtherExpensesGrp/Desc1COMMUNICATIONS/MARKETING
IRS990/OtherExpensesGrp/Desc2COMMUNITY MOBILIZATION
IRS990/OtherExpensesGrp/Desc3EQUIPMENT
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04800
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IRS990/ProgSrvcAccomActy2Grp/Desc0NETWORK IMPROVEMENT THE PRIMARY ROLE OF THIS BODY OF WORK IS TO FACILITATE AND PROVIDE CONTINUOUS IMPROVEMENT PROCESSES FOR ALL OF OUR PARTNERS AND TO BE A PART OF IMPROVING THEIR PRACTICES COLLECTIVELY. THE KEY IDEA IS THAT ORGANIZATIONS ARE MUCH MORE EFFECTIVE WHEN THEY WORK COLLECTIVELY TOWARD A SHARED OUTCOME, USING SHARED MEASURES.
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