LOCALLY GROWN

🔒

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

2019

Legal Domicile

Principal Officer

MICHAEL SKIRPAN

Phone

4125012055

Tax Period

2024-01-01 to 2024-12-31

LOCALLY GROWN, founded in 2019, is a community nonprofit in the Human Services sector that reported $4.4M in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 41% operating margin.

Mission

EQUITABLE COMMUNITY DEVELOPMENT FOR THE 21ST CENTURY THAT FORGES RELATIONSHIPS, INSPIRES CREATIVITY, AND TEACHES THE TOOLS OF THE FUTURE.

Program Service Accomplishments

Program 1

Expenses: $2,133,457 Revenue: $246,624

IN 2024, THE ORGANIZATION RAN A PHYSICAL COMMUNITY CENTER OUT OF ITS HQ FACILITY AND OPERATED 4 CORE PROGRAMS 1) A PROGRAM TO CREATE ECONOMIC MOBILITY PATHWAYS FOR INDIVIDUALS RESIDING IN...

IN 2024, THE ORGANIZATION RAN A PHYSICAL COMMUNITY CENTER OUT OF ITS HQ FACILITY AND OPERATED 4 CORE PROGRAMS 1) A PROGRAM TO CREATE ECONOMIC MOBILITY PATHWAYS FOR INDIVIDUALS RESIDING IN ECONOMICALLY DISTRESSED COMMUNITIES WHICH REMOVED BARRIERS TO WORK FOR 52 INDIVIDUALS AND SUPPORTED 12 LOW-RESOURCE ENTREPRENEURS, 2) A TECHNOLOGY EDUCATION AND YOUTH EMPOWERMENT PROGRAM WHICH SERVED 250 YOUTH THROUGH A MIXTURE OF IN-SCHOOL AND OUT-OF-SCHOOL TIME PROGRAMMING, 3) A VIOLENCE PREVENTION AND PUBLIC HEALTH PROGRAM WHICH PERFORMED 8-10 MONTHLY DE-ESCALATIONS AND MEDIATIONS, RAN 10 FREE COMMUNITY EVENTS, AND HELD 22 FAMILIES ON THEIR CASE WORKER LOAS FOR REFERRALS TO SERVICE AT THE END OF 2024, AND 4) AN ARTS AND CULTURE EVENT SERIES, CALLED OPEN MIC WHICH CARRIED OVER 12 EVENTS THAT BROUGHT TOGETHER OVER 600 PEOPLE FROM THE COMMUNITY.

🔒

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 $4,140,692

Program Service Revenue $246,624

Investment Income $21,676

Other Revenue $9,269

TOTAL REVENUE $4,418,261

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,777,430

Fundraising Expenses $0

Program Expenses $2,133,457

Other Expenses $818,977

TOTAL EXPENSES $2,596,407

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,418,261	$2,341,499	+0.9%
Expenses	$2,596,407	$2,017,239	+0.3%
Net Income	$1,821,854	$324,260	+4.6%

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

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

$95,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD ROBINSON	CHAIR	5.00	Officer Director	$0	$0	$0
JADA SHIRRIEL	VICE CHAIR	5.00	Officer Director	$0	$0	$0
OLGA POGODA THRU 724	TREASURER	5.00	Officer Director	$0	$0	$0
DEBORAH WALRATH BEGIN 724	TREASURER	5.00	Officer Director	$0	$0	$0
KENNY CHEN	SECRETARY	5.00	Officer Director	$0	$0	$0
LACHELLE BELL	DIRECTOR	5.00	Director	$0	$0	$0
JEFFREY BIGHAM	DIRECTOR	5.00	Director	$0	$0	$0
JACKIE CAMERON	DIRECTOR	5.00	Director	$0	$0	$0
AJ DREXLER	DIRECTOR	5.00	Director	$0	$0	$0
ANDREW JOHNSON	DIRECTOR	5.00	Director	$0	$0	$0
JOHN LOVELACE	DIRECTOR	5.00	Director	$0	$0	$0
STEVE WRAY BEGIN 424	DIRECTOR	5.00	Director	$0	$0	$0
MARYAM FAROOQ-COLLINS	DIRECTOR (BEGIN 10/24)	5.00	Director	$0	$0	$0
RYAN SCAROLA BEGIN 1024	DIRECTOR	5.00	Director	$0	$0	$0
JEREMY RICHARDSON THRU 224	DIRECTOR	5.00	Director	$0	$0	$0
LARRY PILEGGI THRU 124	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL SKIRPAN	EXECUTIVE DIRECTOR	40.00	Officer	$95,000	$0	$95,000

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	$4,418,261	$2,596,407	$3,682,718	$1,821,854
2023	$2,341,499	$2,017,239	$1,994,766	$324,260
2022	$944,791	$813,584	$1,594,902	$131,207
2021	$806,803	$830,775	$1,291,535	$-23,972
2020	$299,727	$235,716	$975,278	$64,011
2020	$603,190	$194,960	$934,035	$408,230