Growers Inc
- Assets
- $278.8k
- Revenue
- $874.1k
- Investments
- $0.0
- Employees
- 53
- Location
- Wallingford, CT
- Founding
- 09/2011
- Data as of
- 06/2022
- EIN
- 27-4355636
Organization Overview
Growers Inc is located in Wallingford, CT. The organization was established in 2011. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2022, Growers Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Growers 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 06/2022, Growers Inc generated $874.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $886.5k during the year ending 06/2022. While expenses have increased by 9.8% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES EDUCATION EMPLOYMENT AND CLINICAL THERAPY FOR NEW HAVEN COUNTY ADULTS WITH DEVELOPMENT AND PHYSICAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION PROVIDES HORTICULTURAL EDUCATION, EMPLOYMENT OPPORTUNITIES, AND THERAPY FOR ADULTS WITH DEVELOPMENTAL AND PHYSICAL DISABILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Hickman President | OfficerTrustee | 40 | $120,731 |
Steve Abati Vice President | OfficerTrustee | 40 | $120,731 |
Patrick Birney Secretary | OfficerTrustee | 2 | $0 |
Gary Hutlgren Director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,456 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,456 |
| Total Program Service Revenue | $869,481 |
| Investment income | $133 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $874,070 |
| 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. | $241,462 |
| Compensation of current officers, directors, key employees. | $72,439 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $370,296 |
| Pension plan accruals and contributions | $12,524 |
| Other employee benefits | $0 |
| Payroll taxes | $54,739 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,685 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,067 |
| Advertising and promotion | $1,065 |
| Office expenses | $2,651 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,465 |
| Travel | $69,055 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,937 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,895 |
| Insurance | $12,951 |
| All other expenses | $0 |
| Total functional expenses | $886,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,490 |
| Savings and temporary cash investments | $43,092 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,657 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13,151 |
| Prepaid expenses and deferred charges | $3,556 |
| Net Land, buildings, and equipment | $47,025 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $800 |
| Total assets | $278,771 |
| Accounts payable and accrued expenses | $28,322 |
| Grants payable | $65,757 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $9,152 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $51,761 |
| Other liabilities | $0 |
| Total liabilities | $154,992 |
| Net assets without donor restrictions | $123,779 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $278,771 |