Civic Intelligence

Grow More Foundation

EIN 81-4900127 • 501(c)3 • Stony Brook, NY

Profile

Grow More Foundations mission is to provide education, promote awareness and establish transparency of biotechnological innovations in agriculture. Unlike technological and biomedical advances, biotechnological innovations are not so readily accepted by society. Our ability to bioengineer insect and viral resistance, biofortify crops for enriched nutrition, create edible vaccines and enhance photosynthesis for greater yield, is being hindered by one controversial application of genetic engineering: herbicide tolerance. We believe that an independent review of each application of bioediting and bioengineering is not only important for public understanding, but necessary for acceptance. We are a non-governmental organization comprised of internationally-recognized scientists who are engaging the public, regulatory and industry world-wide to encourage an open- dialogue to ensure food safety and security for all.

25 Health Sciences DrStony Brook, NY 11790

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE K • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

16th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE K • $1M-$5M nonprofits • Source year 2024

Net Margin

79th percentile

27%

Higher net margin than 79% of similar nonprofits.

NTEE K • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE K • $1M-$5M nonprofits • Source year 2024

Asset Growth

49th percentile

8.8%

Faster asset growth than 49% of similar nonprofits.

NTEE K • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-29%

Faster revenue growth than 12% of similar nonprofits.

NTEE K • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,142,524

Up $92,179 (+8.8%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,142,524

Up $92,179 (+8.8%) from 2023

Revenue

Down

$76,830

Down $30,959 (-29%) from 2023

Expenses

Up

$55,885

Up $19,279 (+53%) from 2023

Net Income

Down

$20,945

Down $50,238 (-71%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2017: $7,703Net Assets 2017: $7,7032017Assets 2018: $758,857Liabilities 2018: $0Net Assets 2018: $758,8572018Assets 2019: $840,680Liabilities 2019: $0Net Assets 2019: $840,6802019Assets 2020: $931,881Liabilities 2020: $0Net Assets 2020: $931,8812020Assets 2021: $1,092,820Liabilities 2021: $0Net Assets 2021: $1,092,8202021Assets 2022: $921,142Liabilities 2022: $0Net Assets 2022: $921,1422022Assets 2023: $1,050,345Liabilities 2023: $0Net Assets 2023: $1,050,3452023Assets 2024: $1,142,524Liabilities 2024: $0Net Assets 2024: $1,142,5242024

Highlighted filing

2024

Assets$1,142,524
Liabilities$0
Net Assets$1,142,524

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2017: $12,000Expenses 2017: $4,297Net Income 2017: $7,7032017Revenue 2018: $750,000Expenses 2018: $5,484Net Income 2018: $744,5162018Revenue 2019: $90,349Expenses 2019: $9,758Net Income 2019: $80,5912019Revenue 2020: $83,370Expenses 2020: $9,758Net Income 2020: $73,6122020Revenue 2021: $111,311Expenses 2021: $32,265Net Income 2021: $79,0462021Revenue 2022: $23,846Expenses 2022: $76,198Net Income 2022: -$52,3522022Revenue 2023: $107,789Expenses 2023: $36,606Net Income 2023: $71,1832023Revenue 2024: $76,830Expenses 2024: $55,885Net Income 2024: $20,9452024

Highlighted filing

2024

Revenue$76,830
Expenses$55,885
Net Income$20,945

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 12, 2023
Return Version
2022v5.0
Gross Receipts
$137,260
Mission and Program Overview

Mission

CHARITY

Grow More Foundations mission is to provide education, promote awareness and establish transparency of biotechnological innovations in agriculture. Unlike technological and biomedical advances, biotechnological innovations are not so readily accepted by society. Our ability to bioengineer insect and viral resistance, biofortify crops for enriched nutrition, create edible vaccines and enhance photosynthesis for greater yield, is being hindered by one controversial application of genetic engineering: herbicide tolerance. We believe that an independent review of each application of bioediting and bioengineering is not only important for public understanding, but necessary for acceptance. We are a non-governmental organization comprised of internationally-recognized scientists who are engaging the public, regulatory and industry world-wide to encourage an open- dialogue to ensure food safety and security for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,087,847$921,142▼ $166,705
Cash and Non-Interest-Bearing Accounts$4,973--
Total Assets$1,092,820$921,142▼ $171,678
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,092,820$921,142▼ $171,678
Total Net Assets Fund Balance$1,092,820$921,142▼ $171,678
Total Liabilities and Net Assets / Fund Balance$1,092,820$921,142▼ $171,678
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Kate M CreaseyPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$23,846
Other Revenue
$0
Change in Net Assets
$-52,352
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$76,198
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$19,950$0$0$19,950
Travel$19,196$0$0$19,196
Fees for Services Management$12,919$0$0$12,919
Conferences and Meetings$10,909$0$0$10,909
Office Expenses$8,808$0$0$8,808
Fees for Service Investment Mgmnt Fees$0$4,416$0$4,416
Total Functional Expenses$71,782$4,416$0$76,198
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
Filing and Contact Details

Filer

Filer Name
Grow More Foundation
EIN
81-4900127
Phone
6313276178
Address
25 HEALTH SCIENCES DR, STONY BROOK, NY 11790

Signing Officer

Name
Kate M Creasey
Title
President
Phone
6313276178
Signed
2023-05-12

Organization Details

Principal Officer
Kate M Creasey
Formed
2017
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
Global Tax Service LLC
Address
8601 114th Street, Richmond Hill, NY 11418
Preparer
Aras Vebeliunas
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

No review was or will be conducted

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