Growth Organization Of Topeka- Shawnee County Inc
- Assets
- $19.9m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Topeka, KS
- Founding
- 09/2000
- Data as of
- 12/2022
- EIN
- 48-1227900
Organization Overview
Growth Organization Of Topeka- Shawnee County Inc is located in Topeka, KS. The organization was established in 2000. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Growth Organization Of Topeka- Shawnee County Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Growth Organization Of Topeka- Shawnee County Inc generated $4.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $4.4m during the year ending 12/2022. While expenses have increased by 8.5% 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.
Since 2018, Growth Organization Of Topeka- Shawnee County Inc has awarded 180 individual grants totaling $5,024,926. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GO TOPEKA SERVES AS THE COMMUNITY LEADER TO CREATE COUNTY-WIDE ECONOMIC SUCCESS FOR ALL COMPANIES AND CITIZENS THROUGH IMPLEMENTATION OF AN AGGRESSIVE ECONOMIC DEVELOPMENT STRATEGY THAT CAPITALIZES ON THE UNIQUE STRENGTHS OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GO TOPEKA PROMOTES ECONOMIC DEVELOPMENT WHICH IS VITAL TO THE GROWTH AND PROSPERITY OF TOPEKA/SHAWNEE COUNTY. GO TOPEKA CREATES OPPORTUNITIES FOR INNOVATION AND ECONOMIC DIVERSITY AND VIBRANCY THAT POSITIVELY IMPACTS CURRENT AND FUTURE CITIZENS OF TOPEKA AND SHAWNEE COUNTY. THIS IS ACCOMPLISHED BY ATTRACTING COMPANIES, PROVIDING EXISTING COMPANIES WITH THE KNOWLEDGE AND RESOURCES TO REACH THEIR HIGHEST POTENTIAL, AND CULTIVATING ENTREPRENEURIAL DEVELOPMENT AND GROWTH.
CHOOSE TOPEKA-REMOTE WORKER PROGRAM - THE CHOOSE TOPEKA RELOCATION INCENTIVE IS DESIGNED TO ATTRACT ON SITE AND REMOTE WORKERS TO SHAWNEE COUNTY. UP TO 60 CANDIDATES WILL BE SELECTED A YEAR. THE ON SITE INCENTIVE IS FUNDED IN PART THROUGH EMPLOYER MATCHING FUNDS. NOT ALL EMPLOYERS IN SHAWNEE COUNTY PARTICIPATE IN THE INCENTIVE.
GO TOPEKA UNDERSTANDS IN ORDER TO PROVIDE A QUALITY WORKFORCE, FOCUS MUST BE PLACED NOT ONLY ON WORKFORCE DEVELOPMENT, BUT ON TALENT ATTRACTION, EMPLOYEE RETENTION, AND DIVERSITY, EQUITY AND INCLUSION. TALENT INITIATIVES FOCUS ON GROWING, RETAINING AND ATTRACTING TALENT AND EDUCATING OUR CURRENT COMMUNITY MEMBERS TO ENSURE A COMPETITIVE FUTURE WORKFORCE FOR TOPEKA AND SHAWNEE COUNTY. WE DEVELOP AND GROW PARTNERSHIPS BETWEEN COMMUNITY MEMBERS, BUSINESSES, AND SCHOOLS, FROM EARLY CHILDHOOD EDUCATION TO POST-SECONDARY INSTITUTIONS; ENSURING THAT EDUCATION AND TRAINING PROVIDERS ARE WELL-ALIGNED AND HAVE THE RESOURCES THEY NEED TO PREPARE THE COMMUNITY'S RESIDENTS OF ALL AGES FOR COLLEGE AND CAREERS.
ASSISTING START-UPS OR GROWING SMALL BUSINESSES WITH A PRIORITY TOWARD THE MINORITY-OWNED, WOMEN-OWNED AND/OR LOW TO MODERATE INCOME ENTREPRENEUR. THIS ALSO INCLUDES CULTIVATING AND GROWING POTENTIAL PRIMARY EMPLOYERS. INDUSTRY FOCUS IS PLACED ON BIOSCIENCES (ANIMAL HEALTH AND AGRICULTURAL TECHNOLOGY) AND BUILDING AN ECOSYTEM THAT SUPPORTS STARTUPS, CORPORATE PARTNERS AND ENTREPRENEURS WITH THE GOAL TO ATTRACT CAPITAL INVESTMENTS AND TALENT TO CREATE JOBS AND INCREASE WAGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abbey Frye Director | Trustee | 1 | $0 |
Brittany Crabtree Director | Trustee | 1 | $0 |
Calla Haggard Director | Trustee | 1 | $0 |
Cassandra Taylor Director | Trustee | 1 | $0 |
Chris Faulk Director | Trustee | 1 | $0 |
City Manager Bill Cochren Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Htk Architects Facility Design | 12/30/17 | $171,600 |
Barlett & West Inc Engineering | 12/30/17 | $154,265 |
Opportunity Funding Llc Resource Development Consulting | 12/30/17 | $117,800 |
Htk Architects Facility Design | 12/30/17 | $171,600 |
Barlett & West Inc Engineering | 12/30/17 | $154,265 |
Opportunity Funding Llc Resource Development Consulting | 12/30/17 | $117,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $240,629 |
| Government grants | $3,732,475 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,097 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,980,201 |
| Total Program Service Revenue | $240,978 |
| Investment income | $72,644 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$496 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,538,551 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $260,882 |
| Grants and other assistance to domestic individuals. | $118,250 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,705 |
| Fees for services: Accounting | $30,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $140,962 |
| Advertising and promotion | $167,076 |
| Office expenses | $131,198 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $342,689 |
| Travel | $10,351 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $195,269 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,849 |
| Insurance | $5,850 |
| All other expenses | $15,643 |
| Total functional expenses | $4,408,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$580 |
| Savings and temporary cash investments | $13,673,258 |
| Pledges and grants receivable | $11,225 |
| Accounts receivable, net | $498 |
| 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 | $56,997 |
| Net Land, buildings, and equipment | $42,783 |
| Investments—publicly traded securities | $2,463,792 |
| Investments—other securities | $0 |
| Investments—program-related | $1,787,305 |
| Intangible assets | $0 |
| Other assets | $1,892,157 |
| Total assets | $19,927,435 |
| Accounts payable and accrued expenses | $125,525 |
| Grants payable | $0 |
| Deferred revenue | $15,600,075 |
| 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 | $905,994 |
| Total liabilities | $16,631,594 |
| Net assets without donor restrictions | $3,295,841 |
| 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 | $19,927,435 |
Grants Awarded
Over the last fiscal year, Growth Organization Of Topeka- Shawnee County Inc has awarded $196,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ADVISORS EXCEL LLC PURPOSE: CHOOSE TOPEKA EMPLOYER MATCH | $37,500 |
WASHBURN INSTITUTE OF TECHNOLOGY PURPOSE: SCHOLARSHIPS | $100,000 |
YES ATHLETICS LLC PURPOSE: MWBD PITCH CONTEST WINNER | $15,000 |
HF RUBBER MACHINERY INC PURPOSE: CHOOSE TOPEKA EMPLOYER MATCH | $7,500 |
SENNE & COMPANY PURPOSE: CHOOSE TOPEKA EMPLOYER MATCH | $7,500 |
CAPITOL FEDERAL SAVINGS BANK PURPOSE: CHOOSE TOPEKA EMPLOYER MATCH | $7,500 |