Grow2zero Farms
- Assets
- $91.5k
- Revenue
- $459.2k
- Investments
- $0.0
- Employees
- 13
- Location
- Long Beach, CA
- Founding
- Data as of
- 12/2023
- EIN
- 85-4311030
Organization Overview
Grow2zero Farms is located in Long Beach, CA. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Grow2zero Farms employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grow2zero Farms 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 12/2023, Grow2zero Farms generated $459.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 37.3% each year . All expenses for the organization totaled $469.8k during the year ending 12/2023. While expenses have increased by 42.1% per year over the past 3 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
OUR VISION AT GROW2ZERO FARMS IS TO EMPOWER LOCAL COMMUNITIES TO IMPROVE HUMAN & ENVIRONMENTAL HEALTH BY BUILDING ACCESS TO LOCAL HEALTHY FOOD TEACHING REGENERATIVE FARMING & GARDENING PRACTICES AND INSTILLING PRINCIPLES OF WASTE REDUCTION AND POLLUTION PREVENTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GROW2ZERO FARMS:23 CFCI CARE - GRANT AWARDED IN DECEMBER 2023 AND RECEIVED PREPAY FOR FIRST QUARTER EXPENSES WHICH IS WHY THE INCOME OUT-PACED THE EXPENSE IN 2023. PROGRAM PROVIDES URBAN FARM EXPANSION AND TRAINING. DURING 2023 ONLY CONTRACT EXECUTION AND ADMINISTRATIVE TRAINING WAS COMPLETED
OTHER PROGRAM
SMART GARDENING - PROVIDE GARDEN AND FARM EDUCATIONAL SERVICES ACROSS LA COUNTY THROUGH A SUBCONTRACT WITH GO2ZERO STRATEGIES
GROW2ZERO FARMS:23 FUFA USDA-UAIP - PROVIDE ONLINE URBAN FARM EDUCATION AND HEALTHY MEAL DISTRIBUTION. GRANT COMMENCED 3 2023.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leif Kemp Farm Manager And Board Member | Officer | 40 | $78,111 |
Erin Harris Program Manager | Officer | 40 | $92,725 |
Judi Gregory Executive Director Board Member | Officer | 8 | $9,915 |
Iam Gregory Farm Assistant | Officer | 15 | $19,735 |
Kirsten Kelley Program Manager | Officer | 40 | $44,201 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $194,740 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,342 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $197,082 |
| Total Program Service Revenue | $262,159 |
| 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 | $459,241 |
| 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. | $244,687 |
| Compensation of current officers, directors, key employees. | $23,557 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,836 |
| Pension plan accruals and contributions | $3,142 |
| Other employee benefits | $24,171 |
| Payroll taxes | $24,831 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $366 |
| Fees for services: Accounting | $988 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,043 |
| Office expenses | $14,094 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,144 |
| 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 | $0 |
| Insurance | $25,268 |
| All other expenses | $1,012 |
| Total functional expenses | $469,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,919 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,604 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $91,523 |
| Accounts payable and accrued expenses | $6,017 |
| 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 | $66,454 |
| Other liabilities | $0 |
| Total liabilities | $72,471 |
| 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 | $19,052 |
| Total liabilities and net assets/fund balances | $91,523 |