GROW CHURCHES INC

EIN: 272966777 501(c)(3) Religion

CINCINNATI, OH

Total Revenue
$218,456
Total Expenses
$106,083
Total Assets
$115,305
Net Assets
$113,483
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
OH
Phone
5132008112
Tax Period
2024-01-01 to 2024-12-31

GROW CHURCHES INC, founded in 2010, is a small nonprofit in the Religion sector that reported $218K in total revenue in fiscal year 2024. Revenue surged 249% from the prior year, signaling strong growth momentum. The organization ran a surplus of $112K, a strong 51% operating margin.

Mission

The specific purpose for which the corporation is initially organized is to teach and preach the Gospel of Jesus Christ at every available venue, to provide Bible based classes, to provide resources, training and funding for churches and ministries worldwide, to license, ordain and oversee ministries of the Gospel, and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are connected therewith which are consistent with Section 501c3 of the Internal Revenue Service Code. This corporation is organized and operated exclusively for religious purposes within the meaning of Section 501c3, Internal Revenue Code.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $217,057
Program Service Revenue $0
Investment Income $1,399
Other Revenue $0
TOTAL REVENUE $218,456

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,390
Fundraising Expenses $0
Program Expenses $106,083
Other Expenses $85,693
TOTAL EXPENSES $106,083

Year-over-Year Comparison

2024 2023 Change
Revenue $218,456 $62,513 +2.5%
Expenses $106,083 $73,862 +0.4%
Net Income $112,373 $-11,349 -10.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
N/A
Employees
3
Volunteers
N/A

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
0
$0
Total Directors
5
$19,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELANIE STONE President 40.00
Director
$10,500 $0 $10,500
BOBBY STONE Vice President 40.00
Director
$9,000 $0 $9,000
RICK NICKLES Treasurer 0.00
Director
$0 $0 $0
SHANE RHODEHAMEL Director 0.00
Director
$0 $0 $0
CHRIS CUTLIFFE Director 0.00
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 $218,456 $106,083 $115,305 $112,373
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GROW CHURCHES INC with other nonprofits in Ohio and across the country.