The Growing Leaders Initiative Inc
- Assets
- $0.0
- Revenue
- $43.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Peachtree Corners, GA
- Founding
- 07/2014
- Data as of
- 06/2020
- EIN
- 46-3172985
Organization Overview
The Growing Leaders Initiative Inc is located in Peachtree Corners, GA. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Growing Leaders Initiative 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 06/2020, Growing Leaders Initiative Inc generated $43.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (29.4%) each year. All expenses for the organization totaled $9.3k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (42.1%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TURNING EVERYDAY STUDENTS FROM DISADVANTAGED ENVIROMMENTS INTO GROWING LEADERS WHO WILL TRANSFORM SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MERGED WITH GROWING LEADERS, INC. DURING THE FISCAL YEAR.
THE ORGANIZATION MERGED WITH GROWING LEADERS, INC. DURING THE FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Elmore President | Officer | 1 | $0 |
Morgan Hill Chairman | Trustee | 1 | $0 |
Terry Barber Director | Trustee | 1 | $0 |
Dan Callaham Director | Trustee | 1 | $0 |
Amelia Fox Director | Trustee | 1 | $0 |
David Salyers Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,562 |
| Investment income | $0 |
| 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 | $43,562 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $1,145 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $883 |
| Information technology | $3,004 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $777 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $9,264 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, The Growing Leaders Initiative Inc has awarded $71,278 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA AREA SCHOOL FOR THE DEAF PURPOSE: SCHOLARSHIP | $15,096 |
SUMMEROUR MIDDLE SCHOOL PURPOSE: SCHOLARSHIP | $10,064 |
HIRAM HIGH SCHOOL PURPOSE: SCHOLARSHIP | $7,466 |
Collinsville, OK PURPOSE: SCHOLARSHIP | $4,536 |
ATWATER HIGH SCHOOL PURPOSE: SCHOLARSHIP | $4,272 |
GALT HIGH SCHOOL PURPOSE: SCHOLARSHIP | $4,243 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that The Growing Leaders Initiative Inc has recieved totaling $40,700.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $20,600 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $6,700 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $6,700 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $6,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hillsborough Education Foundation Inc Tampa, FL | $10,731,665 | $10,065,447 |
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |
Pencil Foundation Nashville, TN | $3,991,693 | $7,143,023 |
Edreports Org Inc Durham, NC | $5,799,627 | $6,182,160 |
Slam Foundation Inc Miami, FL | $8,480,329 | $6,817,017 |
Grace Christian Academy Of Leipers Fork Franklin, TN | $10,280,279 | $8,867,909 |
Healthmpowers Inc Norcross, GA | $4,830,831 | $6,606,779 |
Manna Cafe Ministries Clarksville, TN | $2,290,772 | $5,669,916 |
Innovative Education Partnership Corporation Maryville, TN | $1,869,912 | $5,283,927 |
Association For The Advancement Of Education Inc Saxapahaw, NC | $14,393,237 | $5,390,894 |
Renaissance Learning Center Inc Jupiter, FL | $2,830,246 | $5,315,115 |