GROW MORE FOUNDATION

EIN: 814900127 501(c)(3) Food, Agriculture & Nutrition

COMMACK, NY

Total Revenue
$107,789
Total Expenses
$36,606
Total Assets
$1,050,345
Net Assets
$1,050,345
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NY
Principal Officer
KATE M CREASEY
Phone
6313276178
Tax Period
2023-01-01 to 2023-12-31

GROW MORE FOUNDATION, founded in 2017, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $108K in total revenue in fiscal year 2023. Revenue surged 352% from the prior year, signaling strong growth momentum. The organization ran a surplus of $71K, a strong 66% operating margin.

Mission

Grow More Foundations mission is to provide education, promote awareness and establish transparency of biotechnological innovations in agriculture. Unlike technological and biomedical advances, biotechnological innovations are not so readily accepted by society. Our ability to bioengineer insect and viral resistance, biofortify crops for enriched nutrition, create edible vaccines and enhance photosynthesis for greater yield, is being hindered by one controversial application of genetic engineering: herbicide tolerance. We believe that an independent review of each application of bioediting and bioengineering is not only important for public understanding, but necessary for acceptance. We are a non-governmental organization comprised of internationally-recognized scientists who are engaging the public, regulatory and industry world-wide to encourage an open- dialogue to ensure food safety and security for all.

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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 $0
Program Service Revenue $0
Investment Income $107,789
Other Revenue $0
TOTAL REVENUE $107,789

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $32,135
Other Expenses $36,606
TOTAL EXPENSES $36,606

Year-over-Year Comparison

2023 2022 Change
Revenue $107,789 $23,846 +3.5%
Expenses $36,606 $76,198 -0.5%
Net Income $71,183 $-52,352 -2.4%
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

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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
4
Employees
N/A
Volunteers
5

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR KATE M CREASEY PRESIDENT N/A
Officer
$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 No data No data No data No data
2023 $107,789 $36,606 $1,050,345 $71,183
2022 $23,846 $76,198 $921,142 $-52,352
2021 $111,311 $32,265 $1,092,820 $79,046
2020 $83,370 $9,758 $931,881 $73,612
2019 $90,349 $9,758 $840,680 $80,591
2018 $750,000 $5,484 $758,857 $744,516
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