Civic Intelligence

Grow More Foundation Inc.

990 • Fiscal year 2018 • EIN 81-4900127

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

Organization ProfileN/A
25 Health Sciences Dr Box 216Stony Brook, NY 11790

(631) 327-6179

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

100th percentile

9751%

Faster asset growth than 100% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

100th percentile

6150%

Faster revenue growth than 100% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$758,857

Up $751,154 (+9751%) from 2017

Net Assets

Up

$758,857

Up $751,154 (+9751%) from 2017

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin99th percentile

Revenue

Up

$750,000

Up $738,000 (+6150%) from 2017

Expenses

Up

$5,484

Up $1,187 (+28%) from 2017

Net Income

Up

$744,516

Up $736,813 (+9565%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$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

2018

Assets$758,857
Liabilities$0
Net Assets$758,857
Open 2018 Filing

Operations Trend

Revenue Growth100th percentile

Revenue, expenses, and net income across loaded years, with this 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

2018

Revenue$750,000
Expenses$5,484
Net Income$744,516
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$750,000
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
Savings and Temporary Cash Investments-$750,000-
Cash and Non-Interest-Bearing Accounts$12,500$8,857▼ $3,643
Total Assets$12,500$758,857▲ $746,357
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$12,500$758,857▲ $746,357
Total Net Assets Fund Balance$12,500$758,857▲ $746,357
Total Liabilities and Net Assets / Fund Balance$12,500$758,857▲ $746,357
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Dr Kate M CreaseyPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$750,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$744,516
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,484
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
Conferences and Meetings$1,815--$1,815
Occupancy$1,200--$1,200
Fees for Services Legal$1,100--$1,100
Fees for Services Management$995--$995
Information Technology$288--$288
Office Expenses$86--$86
Total Functional Expenses$5,484$0$0$5,484
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
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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 4

“New bylaws adopted as of 10/29/2018”

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Grow More Foundation Inc
EIN
81-4900127
Phone
6313276179
Address
25 HEALTH SCIENCES DR BOX 216, STONY BROOK, NY 11790

Signing Officer

Name
Dr Kate M Creasey
Title
President
Phone
6313276179
Signed
2019-11-13

Organization Details

Principal Officer
Dr Kate M Creasey
Formed
2017
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
1

Preparer

Firm
Global Tax Service
Address
8601 114TH ST, RICHMOND HILL, NY 11418-1731
Preparer
A Vebeliunas
Phone
7184412811
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“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.”

Form 990, Part XI, Line 9

“Expenses paid by officers 1,841”

Raw XML Appendix232 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NEW BYLAWS ADOPTED AS OF 10/29/2018
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXPENSES PAID BY OFFICERS 1,841
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ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$758,857
Liabilities
$0
Net assets
$758,857
Revenue
$750,000
Expenses
$5,484
Net income
$744,516
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.00$1.14$0.08$0.06$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.00$1.05$0.11$0.04$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.00$0.92$0.02$0.08$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.00$1.09$0.11$0.03$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.00$0.93$0.08$0.01$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.00$0.84$0.09$0.01$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.75$0.01$0.74
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.01$0.01$0.00$0.01