GROW HAYS INC

EIN: 863210986 501(c)(3) Community Improvement

HAYS, KS

Total Revenue
$2,891,651
Total Expenses
$621,989
Total Assets
$7,496,863
Net Assets
$6,097,170
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
KS
Phone
7856283102
Tax Period
2023-01-01 to 2023-12-31

GROW HAYS INC, founded in 2021, is a community nonprofit in the Community Improvement sector that reported $2.9M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.3M, a strong 78% operating margin.

Mission

TO RETAIN & ATTRACT EMPLOYMENT AND INVESTMENTS IN A DIVERSIFIED LOCAL ECONOMY CONSISTENT WITH COMMUNITY ECONOMIC DEVELOPMENT PRIORITIES. SEEK FUNDING THROUGH FEDERAL, STATE, AND FOUNDATION GRANTS TO CREATE TRAINING PROGRAMS AND FACILITIES TO MEET INDUSTRY NEEDS FOR SKILLED WORKERS TO TRAIN UNDEREMPLOYED AND UNEMPLOYED INDIVIDUALS; SERVE AS A CATALYST TO ATTRACT PRIVATE INVESTMENT TO DEVELOP AFFORDABLE HOUSING; FOSTER EDUCATION RESEARCH IN AREAS OF AGRICULTURE SCIENCE, BIOSCIENCE, AND ALTERNATIVE ENERGY; AND DEVELOP PROGRAMS CONSISTENT WITH THE GOAL OF PREVENTING COMMUNITY DETERIORATION. THE ORGANIZATION IS COMMITTED TO ENSURING ECONOMIC VITALITY & INNOVATION TO ENHANCE THE COMMUNITY & QUALITY OF LIFE FOR CITIZENS OF HAYS AND THE SURROUNDING COMMUNITIES.

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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 $2,767,497
Program Service Revenue $0
Investment Income $101,113
Other Revenue $23,041
TOTAL REVENUE $2,891,651

Expense Breakdown

Grants Paid $0
Salaries & Benefits $432,628
Fundraising Expenses $0
Program Expenses $537,935
Other Expenses $189,361
TOTAL EXPENSES $621,989

Year-over-Year Comparison

2023 2022 Change
Revenue $2,891,651 $2,662,663 +0.1%
Expenses $621,989 $491,387 +0.3%
Net Income $2,269,662 $2,171,276 +0.0%
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
14
Independent Members
13
Employees
4
Volunteers
13

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
$149,755
Total Directors
14
$149,755
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUG WILLIAMS Executive Dir. 40.00
Officer Director
$145,000 $4,755 $149,755
JASON BALL Past Chairman 2.00
Officer Director
$0 $0 $0
JASON KENNEDY Board Member 1.00
Director
$0 $0 $0
KAREN DREILING Board Member 1.00
Director
$0 $0 $0
ROBERT READLE Board Member 1.00
Director
$0 $0 $0
JOANNAH APPLEQUIST Board Member 2.00
Director
$0 $0 $0
JOSEPH BOECKNER Chairman 2.00
Officer Director
$0 $0 $0
BRANDON HINES Board Member 1.00
Director
$0 $0 $0
KRIS MUNSCH Board Member 1.00
Director
$0 $0 $0
TISA MASON Board Member 1.00
Director
$0 $0 $0
LANCE BICKLE Board Member 1.00
Director
$0 $0 $0
BRIAN DEWITT Board Member 1.00
Director
$0 $0 $0
CORY EBERLE Vice President 2.00
Officer Director
$0 $0 $0
EDDIE HERRMAN Board Member 1.00
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
2024 No data No data No data No data
2023 $2,891,651 $621,989 $7,496,863 $2,269,662
2022 $2,662,663 $491,387 $3,859,829 $2,171,276
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