Growth Opportunity Partners Inc

Organization Overview

Growth Opportunity Partners Inc is located in Cleveland, OH. The organization was established in 2016. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Growth Opportunity Partners Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Growth Opportunity Partners 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 12/2021, Growth Opportunity Partners Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 18.0% per year over the past 7 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.

Since 2021, Growth Opportunity Partners Inc has awarded 17 individual grants totaling $439,572. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

GROWTH OPPORTUNITY PARTNERS, INC.'S PURPOSE IS TO PROVIDE ADVISORY SERVICES, FINANCIAL SOLUTIONS, AND ADVOCACY, TO CULTIVATE MORE RESILIENT PERSONS AND COMMUNITIES PREVIOUSLY UNDER-RESOURCED AND UNDER-VALUED, ULTIMATELY TO IMPROVE QUALITY OF LIFE, OUTPUTS, AND OUTCOMES WITH A PARTICULAR FOCUS ON MINORITY AND WOMEN-OWNED BUSINESSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GROWTH OPPORTUNITY PARTNERS, INC.'S PURPOSE IS TO PROVIDE ADVISORY SERVICES, FINANCIAL SOLUTIONS, AND ADVOCACY, TO CULTIVATE MORE RESILIENT PERSONS AND COMMUNITIES PREVIOUSLY UNDER-RESOURCED AND UNDER-VALUED, ULTIMATELY TO IMPROVE QUALITY OF LIFE, OUTPUTS, AND OUTCOMES WITH A PARTICULAR FOCUS ON MINORITY AND WOMEN-OWNED BUSINESSES.


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Board, Officers & Key Employees

Name (title)Compensation
Michael T Jeans
President /
$270,541
Marcus Glanton
Chief Oper.
$168,644
Jeffrey Clawson
Chief Credit
$168,046
Richard Jankura
Treasurer
$0
Ndeda Letson
Chair Of The
$0
Donet Graves
Director
$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$1,952,678
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,952,678
Total Program Service Revenue$114,943
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 $2,067,621

Grants Awarded

Over the last fiscal year, Growth Opportunity Partners Inc has awarded $439,572 in support to 17 organizations.

Grant RecipientAmount

QUEZ MEDIA MARKETING

PURPOSE: OPP FOR MANGD GIVING

$50,000

Brooklyn, NY

PURPOSE: OH CLIMATE JUSTICE F

$31,500

COMMUNITY CONCERNED CITIZENS

Org PageRecipient Profile

Warren, OH

PURPOSE: OH CLIMATE JUSTICE F

$30,000

JOURNEY ON YONDER

PURPOSE: OH CLIMATE JUSTICE F

$29,500

MITSUI COLLECTIVE

PURPOSE: OH CLIMATE JUSTICE F

$29,400

Dayton, OH

PURPOSE: OH CLIMATE JUSTICE F

$27,450
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Growth Opportunity Partners Inc has recieved totaling $2,549,594.

Awarding OrganizationAmount
Jumpstart Inc

Cleveland, OH

PURPOSE: ECONOMIC DEVELOPMENT

$1,000,000
George Gund Foundation

Cleveland, OH

PURPOSE: ADVANCING COMMUNITY SOLAR - WOODHILL ESTATES.

$750,000
United States Energy Foundation

San Francisco, CA

PURPOSE: TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.

$550,000
George Gund Foundation

Cleveland, OH

PURPOSE: CUYAHOGA COUNTY CLEAN ENERGY FUND.

$100,000
George Gund Foundation

Cleveland, OH

PURPOSE: CUYAHOGA COUNTY CLEAN ENERGY FUND.

$100,000
Local Initiatives Support Corporation

New York, NY

PURPOSE: SEE PART IV

$49,500
View Grant Recipient Profile

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