GROW CEDAR VALLEY (EIN 421241941) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

KATY SUSONG

Phone

3192321156

Tax Period

2024-07-01 to 2025-06-30

GROW CEDAR VALLEY, founded in 1984, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024.

Mission

WORKING TO INCREASE THE ECONOMIC VITALITY AND WEALTH IN THE WATERLOO/CEDAR FALLS AREA AND SURROUNDING ECONOMIC REGION.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,303,768

Program Service Revenue $684,310

Investment Income $57,859

Other Revenue $146,278

TOTAL REVENUE $2,192,215

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,577,512

Fundraising Expenses $0

Other Expenses $738,344

TOTAL EXPENSES $2,315,856

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,192,215	$2,261,185	0.0%
Expenses	$2,315,856	$2,196,086	+0.1%
Net Income	$-123,641	$65,099	-2.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

184

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

$184,649

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATY SUSONG	PRESIDENT /	40.00	Officer	$155,425	$29,224	$184,649
JAMES SCHAEFER	DIR. OF INVE	40.00	Highest	$124,555	$17,386	$141,941
SANDI SOMMERFELT	VP OF OPERAT	40.00	Highest	$122,245	$19,421	$141,666
LISA SKUBAL	VP OF ECONOM	40.00	Highest	$125,534	$9,938	$135,472
CAROLYN DARRAH	PAST SECRETA	40.00		$107,968	$9,141	$117,109
DAVID WILSON CCIM	CHAIR	0.50	Officer Director	$0	$0	$0
RENEE CHRISTOFFER	VICE CHAIR	0.50	Officer Director	$0	$0	$0
VICKI PARSONS	TREASURER	0.50	Officer Director	$0	$0	$0
MIKE MALLARO	PAST CHAIR	0.50	Officer Director	$0	$0	$0
MELISSA READE	LEADER VALLE	0.50	Director	$0	$0	$0
SUSAN ABERNATHY	DIRECTOR	0.50	Director	$0	$0	$0
KIM BEAR	DIRECTOR	0.50	Director	$0	$0	$0
EDITA BEGIC	AT LARGE	0.50	Director	$0	$0	$0
JOY BRISCOE	AT LARGE	0.50	Director	$0	$0	$0
JAMES BRONNER	DIRECTOR	0.50	Director	$0	$0	$0
FABIO CASTRO	DIRECTOR	0.50	Director	$0	$0	$0
DAVE DEAVER	DIRECTOR	0.50	Director	$0	$0	$0
DR REBECCA EHRETSMAN	DIRECTOR	0.50	Director	$0	$0	$0
TAVIS HALL	DIRECTOR	0.50	Director	$0	$0	$0
KRIS HANSEN	AT LARGE	0.50	Director	$0	$0	$0
MAYOR QUENTIN HART	DIRECTOR	0.50	Director	$0	$0	$0
DR TODD HOLCOMB	DIRECTOR	0.50	Director	$0	$0	$0
KATHRYN KUNERT	DIRECTOR	0.50	Director	$0	$0	$0
MAYOR DANNY LAUDICK	DIRECTOR	0.50	Director	$0	$0	$0
RYAN MEYER	DIRECTOR	0.50	Director	$0	$0	$0
JIM MILLER	DIRECTOR	0.50	Director	$0	$0	$0
PHIL NASH	AT LARGE	0.50	Director	$0	$0	$0
DR MARK NOOK	DIRECTOR	0.50	Director	$0	$0	$0
ERICA PARKS	AT LARGE	0.50	Director	$0	$0	$0
ANDY PATTEE	DIRECTOR	0.50	Director	$0	$0	$0
JOSH SCHMIDT	AT LARGE	0.50	Director	$0	$0	$0
DR JARED SMITH	DIRECTOR	0.50	Director	$0	$0	$0
DUSTIN WHITEHEAD	DIRECTOR	0.50	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	$2,192,215	$2,315,856	$2,362,888	$-123,641
2024	$2,261,185	$2,196,086	$2,423,468	$65,099
2023	$2,150,725	$1,656,713	$2,376,948	$494,012
2022	$1,840,706	$1,562,838	$2,127,308	$277,868
2021	$1,633,059	$1,576,271	$1,957,293	$56,788
2020	$1,863,260	$1,622,259	$2,026,288	$241,001
2018	$1,795,143	$1,865,969	$2,822,911	$-70,826

GROW CEDAR VALLEY