GROWTH INC (EIN 481027889) - Form 990 Financial Analysis & Trantor Score

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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

1986

Legal Domicile

Principal Officer

Debra Teufel

Phone

6206623391

Tax Period

2023-01-01 to 2023-12-31

GROWTH INC, founded in 1986, is a small nonprofit that reported $273K in total revenue in fiscal year 2023. The organization ran a surplus of $55K, a strong 20% operating margin.

Mission

Growth Inc.'s purpose is to promote the business economy and industrial development for the City of Hutchinson, Kansas and the surrounding area. It receives its funding from the City of Hutchinson. In 2022, Growth received a donation of $1,085,691 for the purchase of 500 acres of land with stipulations that the land is used for economic development within Reno County.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $268,418

Program Service Revenue $0

Investment Income $4,128

Other Revenue $0

TOTAL REVENUE $272,546

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $217,513

TOTAL EXPENSES $217,513

Year-over-Year Comparison

	2023	2022	Change
Revenue	$272,546	$272,546	N/A
Expenses	$217,513	$42,105	+4.2%
Net Income	$55,033	$230,441	-0.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$217,782

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joe Ontjes	Chair	0.00	Officer Director	$0	$0	$0
Sarah Fankhauser	Chair Elect	0.00	Director	$0	$0	$0
Michele Pitts	Director	0.00	Director	$0	$0	$0
Nick Baldetti	Director	0.00	Director	$0	$0	$0
Dan Springer	Director	0.00	Director	$0	$0	$0
Niki Harvey	Director	0.00	Director	$0	$0	$0
Kevin Rule	Director	0.00	Director	$0	$0	$0
Rob Hanson	Director	0.00	Director	$0	$0	$0
Brett Henry	Director	0.00	Director	$0	$0	$0
Tony Hoover	Director	0.00	Director	$0	$0	$0
Dr Dawn Johnson	Director	0.00	Director	$0	$0	$0
Scott Meggers	Director	0.00	Director	$0	$0	$0
Andrea Finlay	Director	0.00	Director	$0	$0	$0
Bryan Schulz	Director	0.00	Director	$0	$0	$0
Dave Sotelo	Director	0.00	Director	$0	$0	$0
Brooke Stover	Director	0.00	Director	$0	$0	$0
Holly Thomas	Director	0.00	Director	$0	$0	$0
Janeishka Venegas	Director	0.00	Director	$0	$0	$0
Lori Bower	Director	0.00	Director	$0	$0	$0
Debra Teufel	President/CEO	1.00	Officer	$0	$6,000	$217,782

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	No data	No data	No data	No data
2023	$272,546	$217,513	$1,400,562	$55,033
2022	$1,182,929	$42,105	$1,342,068	$1,140,824

GROWTH INC