Civic Intelligence

Way to Grow

990 • Fiscal year 2017 • EIN 71-0956749

Jan 01, 2017 to Dec 31, 2017 • Filed on May 10, 2017

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

46th percentile

0.07x

Higher debt load relative to assets than 46% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

32nd percentile

0.03x

Higher debt load relative to revenue than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

61st percentile

7.1%

Higher net margin than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

86th percentile

$168,458

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

77th percentile

16%

Faster asset growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,339,864

Up $188,264 (+16%) from 2016

Net Assets

Up

$1,246,528

Up $190,652 (+18%) from 2016

Liabilities

Down

$93,336

Down $2,388 (-2.5%) from 2016

Revenue

Up

$2,673,297

Up $385,168 (+17%) from 2016

Expenses

Up

$2,482,645

Up $16,873 (+0.7%) from 2016

Net Income

Up

$190,652

Up $368,295 (+207%) from 2016

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

2017

Assets$1,339,864
Liabilities$93,336
Net Assets$1,246,528

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

2017

Revenue$2,673,297
Expenses$2,482,645
Net Income$190,652
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 10, 2017
Return Version
2017v2.3
Gross Receipts
$2,784,094
Mission and Program Overview

Mission

Help diverse families prepare children for school success.

Working closely with parents and communities, we ensure that children within the most isolated families are born healthy, stay healthy, and are prepared for school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$551,324$775,476▲ $224,152
Pledges and Grants Receivable$177,499$176,440▼ $1,059
Accounts Receivable$158,963$167,152▲ $8,189
Cash and Non-Interest-Bearing Accounts$155,836$144,983▼ $10,853
Prepaid Expenses and Deferred Charges$46,337$43,393▼ $2,944
Land, Buildings, and Equipment, Net$50,735$21,514▼ $29,221
Total Assets$1,151,600$1,339,864▲ $188,264
Other Assets Total$10,906$10,906→ $0
Liabilities
Other Liabilities$67,994$81,542▲ $13,548
Accounts Payable and Accrued Expenses$27,730$11,794▼ $15,936
Total Liabilities$95,724$93,336▼ $2,388
Net Assets / Fund Balance
Unrestricted Net Assets$866,651$1,113,028▲ $246,377
Temporarily Rstr Net Assets$189,225$133,500▼ $55,725
Total Net Assets Fund Balance$1,055,876$1,246,528▲ $190,652
Total Liabilities and Net Assets / Fund Balance$1,151,600$1,339,864▲ $188,264

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$21,514$286,194$307,708
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carolyn SmallwoodCEOFT$144,460$23,998$168,458

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,398,518
Program Service Revenue
$1,247,262
Investment Income
$3,713
Other Revenue
$23,804
All Other Contributions
$1,079,357
Change in Net Assets
$190,652

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,673,297
Total Revenue per Audited Statements
$2,673,297
Total Revenue per Form 990
$2,673,297
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,925,873
Other Expenses$502,469
Total Fundraising Expense$484,087
Professional Fundraising Fees$54,303
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,166,840$145,173$308,194$1,620,207
Other Employee Benefits$124,567$15,498$32,902$172,967
Payroll Taxes$95,567$11,890$25,242$132,699
All Other Expenses$72,608$14,727$18,792$106,127
Fees for Services Professional Fundraising--$54,303$54,303
Depreciation Depletion$24,199$3,011$6,391$33,601
Other Expenses$24,713$1,684$4,491$30,888
Travel$21,242$3,736$631$25,609
Insurance$10,235$1,273$2,703$14,211
Fees for Services Accounting-$12,825-$12,825
Conferences and Meetings$1,120$6,113$2,699$9,932
Fees for Services Legal-$900-$900
Total Functional Expenses$1,779,887$218,671$484,087$2,482,645

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,482,645
Total Expenses per Audited Statements$2,482,645
Total Expenses per Form 990$2,482,645
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$134,601
Fundraising Direct Expenses$110,797
Professional Fundraising Fees$54,303

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$453,762$134,601$30,766$103,835
Total Events$453,762$134,601$110,797$23,804
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$42,503
Accrued Salaries$39,039
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
2017-05-10

Organization Details

Principal Officer
Carolyn Smallwood
Voting Board Members
23
Independent Board Members
23
Employees
46
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

Preschool-aged children and their families, parent child activities lead to school readiness (p.a.l.s.), which received 4-star parent aware accreditation in 2017. Both of way to grows preschools are accredited by the national association for the education of young children (naeyc). Most recently, in 2016 we launched an onsite hub for early childhood, elementary, and parent engagement programming at the lucy c. Laney community school in north minneapolis. Our innovative home visiting model has proven to be successful and scalable: in 2017, we provided 11,527 home visits to 2,408 individuals, including 1,471 children and 937 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 grows 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 so that 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 childrens education. Our families are demonstrating strong results. In 2017, 87% of early education students enrolled in our programming were ready for kindergarten, 63% of elementary students were reading at or above grade level, and 90% of k-3 students improved on grade level vocabulary assessments. As a result of our programming, 91% of parents attended at least one of their childrens parent-teacher conferences, and 93% of children attended school 90% of the time during the 2016-2017 school year. 100% of teen parents did not have a repeat pregnancy.

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IRS990/Desc0WAY TO GROW HAS BEEN WORKING WITH COMMUNITIES TO ADDRESS DISPARITIES IN EDUCATION IN MINNEAPOLIS FOR MORE THAN 25 YEARS. SINCE OUR FOUNDING IN 1989, WE HAVE SOUGHT TO REVERSE NEGATIVE EDUCATIONAL TRENDS BY BUILDING TRUSTED, COMMUNITY-BASED SUPPORTS FOR PARENTS AND THEIR CHILDREN. WE FORMALIZED OUR HEALTH EDUCATION PROGRAM IN 2005, LAUNCHED A FORMAL TEEN PARENT PROGRAM IN 2006, OPENED OUR NATIONALLY ACCREDITED, 4-STAR PARENT AWARE-RATED PRESCHOOL PALS PROGRAM IN 2007, AND IN 2009, LAUNCHED GREAT BY 8, WHICH IS NOW THE CORNERSTONE OF OUR WORK. GREAT BY 8 EXPANDED OUR EFFECTIVE AND STATISTICALLY PROVEN HOME VISITING MODEL TO INCLUDE CHILDREN FROM KINDERGARTEN THROUGH THIRD GRADE, IN PARTNERSHIP WITH OVER 40 MINNEAPOLIS PUBLIC SCHOOLS. IN 2014, WE OPENED A PARENT-CHILD PROGRAM FOR PRESCHOOL-AGED CHILDREN AND THEIR FAMILIES, PARENT CHILD ACTIVITIES LEAD TO SCHOOL READINESS (P.A.L.S.), WHICH RECEIVED 4-STAR PARENT AWARE ACCREDITATION IN 2017. BOTH OF WAY TO GROWS PRESCHOOLS ARE ACCREDITED BY THE NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN (NAEYC). MOST RECENTLY, IN 2016 WE LAUNCHED AN ONSITE HUB FOR EARLY CHILDHOOD, ELEMENTARY, AND PARENT ENGAGEMENT PROGRAMMING AT THE LUCY C. LANEY COMMUNITY SCHOOL IN NORTH MINNEAPOLIS. OUR INNOVATIVE HOME VISITING MODEL HAS PROVEN TO BE SUCCESSFUL AND SCALABLE: IN 2017, WE PROVIDED 11,527 HOME VISITS TO 2,408 INDIVIDUALS, INCLUDING 1,471 CHILDREN AND 937 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 GROWS 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 SO THAT 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 CHILDRENS EDUCATION. OUR FAMILIES ARE DEMONSTRATING STRONG RESULTS. IN 2017, 87% OF EARLY EDUCATION STUDENTS ENROLLED IN OUR PROGRAMMING WERE READY FOR KINDERGARTEN, 63% OF ELEMENTARY STUDENTS WERE READING AT OR ABOVE GRADE LEVEL, AND 90% OF K-3 STUDENTS IMPROVED ON GRADE LEVEL VOCABULARY ASSESSMENTS. AS A RESULT OF OUR PROGRAMMING, 91% OF PARENTS ATTENDED AT LEAST ONE OF THEIR CHILDRENS PARENT-TEACHER CONFERENCES, AND 93% OF CHILDREN ATTENDED SCHOOL 90% OF THE TIME DURING THE 2016-2017 SCHOOL YEAR. 100% OF TEEN PARENTS DID NOT HAVE A REPEAT PREGNANCY.
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