A Growing Place Inc is located in Novi, MI. The organization was established in 1973. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 08/2023, A Growing Place Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Growing Place 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 08/2023, A Growing Place Inc generated $745.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $527.3k during the year ending 08/2023. While expenses have increased by 0.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRESCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESCHOOL/CHILD CARE PROGRAM YEAR ROUND, 246 DAYS PER YEAR. MEALS AND/OR SNACKS ARE PROVIDED FOR ALL PROGRAMS. FEES ARE REDUCED FOR FAMILIES WITH MORE THAN ONE CHILD IN PROGRAM. ALSO PARTIAL FEE WAIVER FOR LONG-TIME FAMILIES SUFFERING MEDICAL/FINANCIAL HARDSHIPS BASED ON BOARD APPROVAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Korene Jett Executive Dir. | Trustee | 40 | $105,000 |
Karen Maxton Trustee | Trustee | 1 | $0 |
Jill Kara Trustee | Trustee | 1 | $0 |
Maria Lajcaj Trustee | Trustee | 1 | $0 |
Jessica Peck Treasurer | Trustee | 1 | $0 |
Michele Dixon President | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $264,771 |
All other contributions, gifts, grants, and similar amounts not included above | $1,720 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $266,491 |
Total Program Service Revenue | $462,999 |
Investment income | $14,955 |
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 | $745,702 |
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. | $105,000 |
Compensation of current officers, directors, key employees. | $57,750 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $264,846 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $28,174 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,090 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $7,507 |
Information technology | $251 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,357 |
Insurance | $4,610 |
All other expenses | $8,246 |
Total functional expenses | $527,333 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $217,269 |
Savings and temporary cash investments | $636,971 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,615 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $13,747 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $869,602 |
Accounts payable and accrued expenses | $8,351 |
Grants payable | $0 |
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 | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $23,096 |
Total liabilities | $31,447 |
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 | $838,155 |
Total liabilities and net assets/fund balances | $869,602 |