Civic Intelligence

Way to Grow

990 • Fiscal year 2016 • EIN 71-0956749

Jan 01, 2016 to Dec 31, 2016 • Filed on May 10, 2016

125 West Broadway Ste 110Minneapolis, MN 55411

(612) 874-4743

Siviq Scores

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

Liabilities / Assets

47th percentile

0.08x

Higher debt load relative to assets than 47% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

33rd percentile

0.04x

Higher debt load relative to revenue than 33% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

25th percentile

-7.8%

Higher net margin than 25% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

85th percentile

$161,363

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

9th percentile

-15%

Faster asset growth than 9% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

33rd percentile

-3.8%

Faster revenue growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,151,600

Down $195,719 (-15%) from 2015

Net Assets

Down

$1,055,876

Down $177,643 (-14%) from 2015

Liabilities

Down

$95,724

Down $18,076 (-16%) from 2015

Revenue

Down

$2,288,129

Down $90,734 (-3.8%) from 2015

Expenses

Up

$2,465,772

Up $88,729 (+3.7%) from 2015

Net Income

Down

-$177,643

Down $179,463 (-9861%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $515,575Liabilities 2010: $223,869Net Assets 2010: $291,7062010Assets 2013: $1,169,407Liabilities 2013: $115,168Net Assets 2013: $1,054,2392013Assets 2015: $1,347,319Liabilities 2015: $113,800Net Assets 2015: $1,233,5192015Assets 2016: $1,151,600Liabilities 2016: $95,724Net Assets 2016: $1,055,8762016Assets 2017: $1,339,864Liabilities 2017: $93,336Net Assets 2017: $1,246,5282017Assets 2018: $2,104,666Liabilities 2018: $125,876Net Assets 2018: $1,978,7902018Assets 2019: $4,159,537Liabilities 2019: $1,319,131Net Assets 2019: $2,840,4062019Assets 2021: $5,245,632Liabilities 2021: $1,141,759Net Assets 2021: $4,103,8732021

Highlighted filing

2016

Assets$1,151,600
Liabilities$95,724
Net Assets$1,055,876

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,093,2872010Revenue 2013: $2,653,604Expenses 2013: $2,277,869Net Income 2013: $375,7352013Revenue 2015: $2,378,863Expenses 2015: $2,377,043Net Income 2015: $1,8202015Revenue 2016: $2,288,129Expenses 2016: $2,465,772Net Income 2016: -$177,6432016Revenue 2017: $2,673,297Expenses 2017: $2,482,645Net Income 2017: $190,6522017Revenue 2018: $3,510,810Expenses 2018: $2,778,548Net Income 2018: $732,2622018Revenue 2019: $3,744,607Expenses 2019: $2,882,991Net Income 2019: $861,6162019Revenue 2021: $3,493,274Expenses 2021: $3,163,393Net Income 2021: $329,8812021

Highlighted filing

2016

Revenue$2,288,129
Expenses$2,465,772
Net Income-$177,643
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 10, 2016
Return Version
2016v3.0
Gross Receipts
$2,425,448
Mission and Program Overview

Mission

Help diverse families prepare children for school success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$498,706$551,324▲ $52,618
Pledges and Grants Receivable$333,703$177,499▼ $156,204
Accounts Receivable$156,059$158,963▲ $2,904
Cash and Non-Interest-Bearing Accounts$227,977$155,836▼ $72,141
Land, Buildings, and Equipment, Net$79,093$50,735▼ $28,358
Prepaid Expenses and Deferred Charges$40,875$46,337▲ $5,462
Total Assets$1,347,319$1,151,600▼ $195,719
Other Assets Total$10,906$10,906→ $0
Liabilities
Other Liabilities$83,043$67,994▼ $15,049
Accounts Payable and Accrued Expenses$30,757$27,730▼ $3,027
Total Liabilities$113,800$95,724▼ $18,076
Net Assets / Fund Balance
Unrestricted Net Assets$699,319$866,651▲ $167,332
Temporarily Rstr Net Assets$534,200$189,225▼ $344,975
Total Net Assets Fund Balance$1,233,519$1,055,876▼ $177,643
Total Liabilities and Net Assets / Fund Balance$1,347,319$1,151,600▼ $195,719

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$50,735$252,593$303,328
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carolyn SmallwoodCEOFT$140,963$20,400$161,363

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,161,982
Program Service Revenue
$1,159,796
Investment Income
$2,569
Other Revenue
$-36,218
All Other Contributions
$960,659
Change in Net Assets
$-177,643

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,288,129
Total Revenue per Audited Statements
$2,288,129
Total Revenue per Form 990
$2,288,129
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,843,397
Other Expenses$555,649
Total Fundraising Expense$390,728
Professional Fundraising Fees$66,726
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,215,312$128,417$201,092$1,544,821
Other Employee Benefits$141,722$7,262$14,682$163,666
Payroll Taxes$109,100$9,820$15,990$134,910
All Other Expenses$74,390$22,393$26,965$123,748
Fees for Services Professional Fundraising--$66,726$66,726
Other Expenses$38,593$10,000$35,773$38,593
Depreciation Depletion$25,764$2,722$4,263$32,749
Travel$27,802$2,021$969$30,792
Fees for Services Accounting-$14,150-$14,150
Insurance$11,104$1,173$1,837$14,114
Conferences and Meetings$80$7,994$2,135$10,209
Advertising--$2,185$2,185
Fees for Services Legal-$1,817-$1,817
Total Functional Expenses$1,856,408$218,636$390,728$2,465,772

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,465,772
Total Expenses per Audited Statements$2,465,772
Total Expenses per Form 990$2,465,772
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$137,319
Fundraising Gross Income$101,101
Professional Fundraising Fees$66,726

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$302,424$101,101$44,802$56,299
Total Events$302,424$101,101$137,319$-36,218
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$39,063
Accrued Salaries$28,931
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 11B

A copy of this return is reviewed by the finance committee of the board of directors. Then it is distributed to the board of directors for review and discussion. After the board of directors has reviewed the document, it is filed.

Form 990, Page 6, Part VI, Line 12C

Way to grow monitors and enforces the conflict of interest policy annually.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the way to grow board of directors uses a process for determining compensation for the ceo that included all of the following elements: review and approval by the executive committee of the board of directors, the members of which are independent and without a conflict of interest as defined in regulation section 53.4958-6(c)(1)(iii), use of data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations, contemporaneous documentation, substantiation and recordkeeping with respect to deliberations and decisions regarding the compensation arrangement the above described process and an assessment is performed at least annually for the ceo. The executive committee reviews and approves all compensation changes of the ceo in advance of the change.

Form 990, Page 6, Part VI, Line 15B

All employees, key or otherwise are given a performance review annually and any salary adjustments are based on a formula within the review format. The performance review is given by their supervisor & approved by the executive director. The director's receive reviews by the executive director, and the executive directors receives her review by the board.

Form 990, Page 6, Part VI, Line 19

All governing documents of the organization, including federal form 990, conflict of interest policy and financial statements can be reviewed by contacting: way to grow at 125 west broadway, 110, minneapolis, mn 55411.

Filing and Contact Details

Filer

Filer Name
Way to Grow
EIN
71-0956749
Phone
6128744743
Address
125 WEST BROADWAY STE 110, MINNEAPOLIS, MN 55411

Signing Officer

Name
Carolyn Smallwood
Title
CEO
Phone
6128744743
Signed
2016-05-10

Organization Details

Principal Officer
Carolyn Smallwood
Voting Board Members
24
Independent Board Members
24
Employees
44
Volunteers
150

Preparer

Firm
Hinrichs & Associates Ltd
Address
1000 SHELARD PARKWAY SUITE 110, MINNEAPOLIS, MN 55426
Preparer
Anthony J Hinrichs
Phone
9525428010
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Children through an innovative home-visiting model. Way to grow serves more than 2,200 participants annually from low-income families with children birth to age 8. We have worked to ensure all the children we serve are ready to succeed by providing culturally appropriate, wrap-around educational services through home visits and center and community-based programming for families who live in poverty and are at risk of health disparities and educational inequities. In 2016, we provided 11,400 home visits to 2,434 participants (1,425 children and 1,009 adults). Way to grow continues to develop outcome-based, year-round, culture-to- culture, language-to-language programming to best serve our clients. Way to grow's home visiting staff is collectively fluent in seven languages and culturally reflects the children and families we serve. Programming is implemented primarily through home visits; we educate families on literacy development, math, health and nutrition. Our holistic, innovative approach begins with the parents to stabilize their family and connect them to basic needs services (housing, food, clothing, medical services) so families can achieve success in our other program areas. Way to grow is succeeding in stabilizing the homes of disadvantaged families and working intensively with families to overcome their challenges and focus on their children's education. Our families are demonstrating strong results. In 2016, 90% of early education students enrolled in our programming were ready for kindergarten, 55% of elementary students were reading at or above grade level, and 92% of k-3 students improved on grade level vocabulary assessments. As a result of our programming, 85% of parents attended their children's parent-teacher conference, and 75% of children attended school 95% of the time during the 2015-2016 school year.

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IRS990/Desc0WAY TO GROW BEGAN IN 1989 WORKING WITH EXPECTANT PARENTS AND MOTHERS AND FATHERS OF YOUNG CHILDREN BIRTH TO AGE 5. IN 2006, WAY TO GROW FORMALIZED ITS TEEN PARENT PROGRAM TO IMPROVE OPPORTUNITIES FOR PARENTS (AGES 15 - 21) AND THEIR CHILDREN TO HELP EDUCATE AND PREPARE THEM FOR A SUCCESSFUL LIFE; AND IN 2009, WE LAUNCHED GREAT BY 8, EXPANDING OUR SUCCESSFUL AND STATISTICALLY PROVEN HOME-VISITING MODEL TO INCLUDE CHILDREN FROM KINDERGARTEN (AGE 6) THROUGH 3RD GRADE (AGE 8). OUR FOUNDERS HAD A VISION TO CREATE COMMUNITIES IN WHICH IMPROVED LITERACY, EFFECTIVE PARENTING, AND HEALTHY CHILDREN AND FAMILIES ARE THE NORM, NOT THE EXCEPTION. WE HAVE SOUGHT TO REVERSE NEGATIVE EDUCATIONAL TRENDS IN MINNEAPOLIS BY BUILDING TRUSTED, COMMUNITY-BASED EDUCATIONAL SUPPORTS FOR PARENTS AND THEIR CHILDREN THROUGH AN INNOVATIVE HOME-VISITING MODEL. WAY TO GROW SERVES MORE THAN 2,200 PARTICIPANTS ANNUALLY FROM LOW-INCOME FAMILIES WITH CHILDREN BIRTH TO AGE 8. WE HAVE WORKED TO ENSURE ALL THE CHILDREN WE SERVE ARE READY TO SUCCEED BY PROVIDING CULTURALLY APPROPRIATE, WRAP-AROUND EDUCATIONAL SERVICES THROUGH HOME VISITS AND CENTER AND COMMUNITY-BASED PROGRAMMING FOR FAMILIES WHO LIVE IN POVERTY AND ARE AT RISK OF HEALTH DISPARITIES AND EDUCATIONAL INEQUITIES. IN 2016, WE PROVIDED 11,400 HOME VISITS TO 2,434 PARTICIPANTS (1,425 CHILDREN AND 1,009 ADULTS). WAY TO GROW CONTINUES TO DEVELOP OUTCOME-BASED, YEAR-ROUND, CULTURE-TO- CULTURE, LANGUAGE-TO-LANGUAGE PROGRAMMING TO BEST SERVE OUR CLIENTS. WAY TO GROW'S HOME VISITING STAFF IS COLLECTIVELY FLUENT IN SEVEN LANGUAGES AND CULTURALLY REFLECTS THE CHILDREN AND FAMILIES WE SERVE. PROGRAMMING IS IMPLEMENTED PRIMARILY THROUGH HOME VISITS; WE EDUCATE FAMILIES ON LITERACY DEVELOPMENT, MATH, HEALTH AND NUTRITION. OUR HOLISTIC, INNOVATIVE APPROACH BEGINS WITH THE PARENTS TO STABILIZE THEIR FAMILY AND CONNECT THEM TO BASIC NEEDS SERVICES (HOUSING, FOOD, CLOTHING, MEDICAL SERVICES) SO FAMILIES CAN ACHIEVE SUCCESS IN OUR OTHER PROGRAM AREAS. WAY TO GROW IS SUCCEEDING IN STABILIZING THE HOMES OF DISADVANTAGED FAMILIES AND WORKING INTENSIVELY WITH FAMILIES TO OVERCOME THEIR CHALLENGES AND FOCUS ON THEIR CHILDREN'S EDUCATION. OUR FAMILIES ARE DEMONSTRATING STRONG RESULTS. IN 2016, 90% OF EARLY EDUCATION STUDENTS ENROLLED IN OUR PROGRAMMING WERE READY FOR KINDERGARTEN, 55% OF ELEMENTARY STUDENTS WERE READING AT OR ABOVE GRADE LEVEL, AND 92% OF K-3 STUDENTS IMPROVED ON GRADE LEVEL VOCABULARY ASSESSMENTS. AS A RESULT OF OUR PROGRAMMING, 85% OF PARENTS ATTENDED THEIR CHILDREN'S PARENT-TEACHER CONFERENCE, AND 75% OF CHILDREN ATTENDED SCHOOL 95% OF THE TIME DURING THE 2015-2016 SCHOOL YEAR.
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