Louisville Grows Inc
- Assets
- $851.3k
- Revenue
- $704.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Louisville, KY
- Founding
- 11/2011
- Data as of
- 12/2023
- EIN
- 27-0959401
Organization Overview
Louisville Grows Inc is located in Louisville, KY. The organization was established in 2011. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Louisville Grows Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisville Grows Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Louisville Grows Inc generated $704.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $404.8k during the year ending 12/2023. While expenses have increased by 8.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOUISVILLE GROWS URBAN FORESTRY PROGRAM FOCUSES ON REBUILDING THE TREE CANOPY IN NEIGHBORHOODS WITH THE GREATEST DECLINING NUMBER OF URBAN TREES. WE WORK WITH NEIGHBORHOOD GROUPS AND PARTNERS TO PLANT TREES WITH RESIDENTS AND BUSINESSES IN THESE NEIGHBORHOODS. OUR TRAINED CITIZEN FORESTERS WORK WITH THE COMMUNITY TO BUILD CAPACITY IN URBAN FOREST MANAGEMENT AND STEWARDSHIP. WE FOCUS ON SERVING 21 DISADVANTAGED, UNDER-SERVED NEIGHBORHOODS IN WEST AND SOUTH LOUISVILLE WHO ARE MOST IMPACTED BY THE URBAN HEAT ISLAND EFFECT DUE TO THE LOSS OF THEIR TREE CANOPY.
LOUISVILLE GROWS URBAN AGRICULTURE PROGRAM FOCUSES ON COMMUNITY GARDENS TO BUILD CAPACITY WITHIN THE COMMUNITY GARDENS BY PROVIDING TECHNICAL ASSISTANCE, EDUCATION AND INFRASTRUCTURE. THE PROGRAM HAS THE OBJECTIVE TO SUSTAIN, IMPROVE, AND INCREASE REVENUE FROM VEGETABLES PRODUCED AT COMMUNITY OPERATED GARDENS AS WELL AS TO ENGAGE AND EDUCATE VOLUNTEERS AND THE COMMUNITY IN STARTING PLANTS FROM SEED AND REPOTTING PLANT STARTS IN OUR GREENHOUSE. THROUGH OUR ANNUAL FUNDRAISER, SEED & STARTS SALE, WE ARE ABLE TO OFFER COMMUNITY GARDEN GRANTS IN LATE WINTER OF EACH YEAR TO SUPPORT THESE CAPACITY BUILDING ENDEAVORS.
LOCATED AT 1641 PORTLAND AVE, HEALTHY HOUSE IS AN ENGAGING, ENERGY EFFICIENT, SUSTAINABLE COMMUNITY SPACE THAT CONNECTS RESIDENTS AND COMMUNITY PARTNERS TO HEALTH, WELLNESS, AND GREEN EDUCATION. ALL PROGRAMMING, WORKSHOPS AND CLASSES HOSTED AT HEALTHY HOUSE FOCUSES ON HEALTHY LIVING, HEALTHY EATING, ENVIRONMENTAL EDUCATION OR ENVIRONMENTAL EQUALITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Race Director | Trustee | 1 | $0 |
Kaye Mcafee Director | Trustee | 0 | $0 |
Garth Padgett Director | Trustee | 1 | $0 |
Mariah Baum Director | Trustee | 0 | $0 |
Julianna Clarke Director | Trustee | 0 | $0 |
Michael Garton Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,603 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $524,052 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $540,655 |
| Total Program Service Revenue | $158,068 |
| Investment income | $742 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,685 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $704,518 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $164,015 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,351 |
| Payroll taxes | $12,526 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,808 |
| Fees for services: Accounting | $22,299 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,383 |
| Advertising and promotion | $55 |
| Office expenses | $1,164 |
| Information technology | $6,580 |
| Royalties | $0 |
| Occupancy | $9,171 |
| Travel | $2,133 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,844 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,459 |
| Insurance | $16,400 |
| All other expenses | $17,374 |
| Total functional expenses | $404,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,207 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $227,120 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,551 |
| Prepaid expenses and deferred charges | $9,377 |
| Net Land, buildings, and equipment | $392,199 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,844 |
| Total assets | $851,298 |
| Accounts payable and accrued expenses | $29,474 |
| Grants payable | $0 |
| Deferred revenue | $100 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $34,224 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $63,798 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $787,500 |
| Total liabilities and net assets/fund balances | $851,298 |