GROWERS INC

EIN: 274355636 501(c)(3) Human Services

WALLINGFORD, CT

Total Revenue
$1,058,896
Total Expenses
$1,010,644
Total Assets
$422,156
Net Assets
$204,480
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CT
Principal Officer
STEVEN ABATI
Phone
2032158273
Tax Period
2023-07-01 to 2024-06-30

GROWERS INC, founded in 2011, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.0M left a modest 5% surplus.

Mission

THE ORGANIZATION OFFERS A MULTI-PATH APPROACH TO PROVIDING HORTICULTURAL EDUCATION, EMPLOYMENT OPPORTUNITIES, AND THERAPY FOR ADULTS WITH DEVELOPMENTAL AND PHYSICAL DISABILITIES.

Program Service Accomplishments

Program 1
Expenses: $920,393 Revenue: $1,047,134

ORGANIZATION PROVIDES HORTICULTURAL EDUCATION, EMPLOYMENT OPPORTUNITIES, AND THERAPY FOR ADULTS WITH DEVELOPMENTAL AND PHYSICAL DISABILITIES

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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 $8,904
Program Service Revenue $1,049,831
Investment Income $-2,697
Other Revenue $2,858
TOTAL REVENUE $1,058,896

Expense Breakdown

Grants Paid $0
Salaries & Benefits $781,598
Fundraising Expenses $0
Program Expenses $920,393
Other Expenses $229,046
TOTAL EXPENSES $1,010,644

Year-over-Year Comparison

2023 2022 Change
Revenue $1,058,896 $973,715 +0.1%
Expenses $1,010,644 $941,266 +0.1%
Net Income $48,252 $32,449 +0.5%
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
2
Employees
49
Volunteers
7

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
4
$270,016
Total Directors
4
$270,016
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT HICKMAN PRESIDENT 40.00
Officer Director
$130,085 $4,923 $135,008
STEVE ABATI VICE PRESIDENT 40.00
Officer Director
$130,085 $4,923 $135,008
PATRICK BIRNEY SECRETARY 2.00
Officer Director
$0 $0 $0
GARY HUTLGREN DIRECTOR 2.00
Officer 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
2025 No data No data No data No data
2024 $1,058,896 $1,010,644 $422,156 $48,252
2023 $973,715 $941,266 $345,398 $32,449
2022 $874,070 $886,486 $278,771 $-12,416
2021 $786,574 $727,857 $246,689 $58,717
2018 $589,022 $609,040 $156,118 $-20,018
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