Growing Minds Inc
- Assets
- $26.7k
- Revenue
- $272.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 09/2011
- Data as of
- 12/2023
- EIN
- 27-3576479
Organization Overview
Growing Minds Inc is located in Milwaukee, WI. The organization was established in 2011. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Growing Minds 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, Growing Minds Inc generated $272.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $285.5k during the year ending 12/2023. While expenses have increased by 4.3% per year over the past 8 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPOWER STUDENTS, TEACHERS, SCHOOL LEADERSHIP, AND RELATED ADULTS TO MANAGE THEIR STRESS AND INCREASE INTENTIONAL BEHAVIORS FOR BETTER LEARNING ENVIRONMENTS AND SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan A Lubar President/treasurer | 30 | $3,530 | |
Isabelle Solvang Vice President | 0.5 | $0 | |
Kathy Brumder Director/secretary | 0.5 | $0 | |
Cathie Madden Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $186,780 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $1,948 |
| Other Income | $83,738 |
| Total Revenue | $272,466 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,149 |
| Other employee salaries and wages | $235,565 |
| Pension plans, employee benefits | $18,359 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $726 |
| Occupancy | $1,080 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $651 |
| Other expenses | $18,180 |
| Total operating and administrative expenses | $285,468 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $285,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,418 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $4,211 |
| Other assets | $60 |
| Total assets | $26,689 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |