CERTIFIED NATURALLY GROWN INC

EIN: 061798718 Community Improvement

Denver, CO

Total Revenue
$140,318
Total Expenses
$160,118
Total Assets
$30,754
Net Assets
$29,170
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
NY
Principal Officer
Alice Varon
Phone
8452622551
Tax Period
2023-09-01 to 2024-08-31

CERTIFIED NATURALLY GROWN INC, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $140K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $160K exceeded revenue, resulting in a 14% operating deficit.

Mission

Certified Naturally Grown offers certification marketing assets and learning and networking opportunities for farmers and beekeepers who produce food without synthetic chemicals for their local and regional communities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,392
Program Service Revenue $134,787
Investment Income $37
Other Revenue $1,102
TOTAL REVENUE $140,318

Expense Breakdown

Grants Paid $0
Salaries & Benefits $118,649
Fundraising Expenses $17,849
Program Expenses $118,063
Other Expenses $41,469
TOTAL EXPENSES $160,118

Year-over-Year Comparison

2023 2022 Change
Revenue $140,318 $223,323 -0.4%
Expenses $160,118 $245,264 -0.3%
Net Income $-19,800 $-21,941 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
3
Employees
5
Volunteers
500

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$44,058
Total Directors
1
$0
Key Employees
1
$44,058
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christopher Peterson Chair 1.00
Officer
$0 $0 $0
N/A Treasurer 1.00
Officer
$0 $0 $0
Alice Varon Secretary and Executive Director 21.00
Officer Key Emp
$44,058 $0 $44,058
Audrey Sekendur Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $140,318 $160,118 $30,754 $-19,800
2023 $223,323 $245,264 $56,322 $-21,941
2022 $206,788 $232,764 $75,130 $-25,976
2021 $244,632 $221,058 $96,227 $23,574
2020 $278,973 $250,207 $73,691 $28,766
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