Growing Community Media Nfp
- Assets
- $1.1m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 28
- Location
- Oak Park, IL
- Founding
- Data as of
- 06/2021
- EIN
- 84-2123099
Organization Overview
Growing Community Media Nfp is located in Oak Park, IL. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Growing Community Media Nfp employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Growing Community Media Nfp 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 06/2021, Growing Community Media Nfp generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 47.4% each year . All expenses for the organization totaled $1.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE A POSITIVE IMPACT ON COMMUNITIES THROUGH PRINT AND ONLINE MEDIA.
Describe the Organization's Program Activity:
EQUITY AND EDUCATION REPORTING:GROWING COMMUNITY MEDIA PROVIDES FOR ONGOING REPORTING FOCUSED FULLY ON ISSUES OF EQUITY AND EDUCATION. TWO REPORTERS HAVE FOCUSED THEIR WORK ON THESE CRITICAL ELEMENTS OF OUR MISSION. A LARGE PART OF REPORTING HAS BEEN ATTRIBUTED TO THE COVID-19 PANDEMIC. GROWING COMMUNITY MEDIA REPORTS ON ALL ASPECTS OF THE IMPACTS TO THE SEVEN NEIGHBORHOOD COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Haley CEO | Officer | 40 | $114,068 |
Dawn Ferencak Chief Revenue Officer (thru Aug) | Officer | 40 | $27,057 |
Judy Greffin Chairperson | OfficerTrustee | 0.5 | $0 |
Nile Wendorf Treasurer | OfficerTrustee | 0.5 | $0 |
Deb Abrahamson Director | Trustee | 0.5 | $0 |
Gary Collins Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $406,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $282,643 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $688,893 |
| Total Program Service Revenue | $198,885 |
| Investment income | $11,203 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $202 |
| Net Rental Income | $5,250 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,160 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,810,239 |
| 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. | $70,910 |
| Compensation of current officers, directors, key employees. | $1,637 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $609,619 |
| Pension plan accruals and contributions | $1,251 |
| Other employee benefits | $27,744 |
| Payroll taxes | $56,779 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,377 |
| Fees for services: Accounting | $16,456 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,749 |
| Advertising and promotion | $35 |
| Office expenses | $27,235 |
| Information technology | $68,982 |
| Royalties | $0 |
| Occupancy | $92,576 |
| Travel | $902 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,625 |
| Interest | $576 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,255 |
| Insurance | $9,015 |
| All other expenses | $0 |
| Total functional expenses | $1,552,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $531,457 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $95,000 |
| Accounts receivable, net | $84,965 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $47,208 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $289,992 |
| Other assets | $88,118 |
| Total assets | $1,136,740 |
| Accounts payable and accrued expenses | $74,473 |
| Grants payable | $0 |
| Deferred revenue | $78,096 |
| 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 | $152,569 |
| Net assets without donor restrictions | $786,671 |
| Net assets with donor restrictions | $197,500 |
| 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 | $1,136,740 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Growing Community Media Nfp has recieved totaling $234,094.
| Awarding Organization | Amount |
|---|---|
Good Heart Work Smart Foundation Oak Park, IL PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $120,000 |
Field Foundation Of Illinois Inc Chicago, IL PURPOSE: UP FROM CRISIS: ESTABLISHING NORMALCY IN REPORTING ON THE WEST SIDE | $50,000 |
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $41,419 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $22,300 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $225 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $75 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Education Opportunities Foundation Indianapolis, IN | $17,673,440 | $7,674,537 |
The Center For Economic Research And Social Change Inc Chicago, IL | $10,561,395 | $6,102,602 |
Life Christian Outreach Inc Columbia, MO | $987,065 | $3,533,207 |
The Christian Century Chicago, IL | $17,596,828 | $3,273,341 |
Investigative Reporters And Editors Inc Columbia, MO | $8,372,941 | $3,252,818 |
Midwest Political Science Association Bloomington, IN | $7,512,584 | $2,303,181 |
Growing Community Media Nfp Oak Park, IL | $1,136,740 | $1,810,239 |
Rod & Staff Publishers Inc Crockett, KY | $12,819,778 | $1,848,923 |
Cedille Chicago Nfp Chicago, IL | $9,252,779 | $1,449,691 |
Wcij Inc Madison, WI | $2,099,123 | $1,902,825 |
Iowa State Daily Publication Ames, IA | $272,602 | $1,179,802 |
Purdue Student Publishing Foundation West Lafayette, IN | $4,866,330 | $726,874 |