Growing Communities Inc (EIN 873247920) - 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

2021

Legal Domicile

Principal Officer

Jamiah Hargins

Phone

2137697704

Tax Period

2024-01-01 to 2024-12-31

Growing Communities Inc, founded in 2021, is a community nonprofit in the Environment sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 314% from the prior year, signaling strong growth momentum. Expenses of $1.3M exceeded revenue, resulting in a 24% operating deficit.

Mission

to grow food utilizing unused spaces, creating sustainable jobs and local, nutrient-rich food in communities affected most by food insecurity.

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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 (2024)

Revenue Breakdown

Contributions & Grants $459,739

Program Service Revenue $585,800

Investment Income $2,523

Other Revenue $2,790

TOTAL REVENUE $1,050,852

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,084,361

Fundraising Expenses $208,885

Program Expenses $704,003

Other Expenses $223,288

TOTAL EXPENSES $1,307,649

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,050,852	$253,966	+3.1%
Expenses	$1,307,649	$1,867,341	-0.3%
Net Income	$-256,797	$-1,613,375	-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

Volunteers

266

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

$149,592

Total Directors

$149,592

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jamiah Hargins	Executive Dir.	40.00	Officer Director	$128,657	$20,935	$149,592
John Garside	Dir Policy & Dev	40.00		$110,119	$12,924	$123,043
Arman Walker	Treasurer	1.00	Officer Director	$0	$0	$0
Almuhtada Smith Esq	Director	1.00	Director	$0	$0	$0
Ginnia Hargins	Director	1.00	Director	$0	$0	$0
Tamala Choma	Secretary	1.00	Officer 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	$1,050,852	$1,307,649	$1,214,867	$-256,797
2023	$253,966	$1,867,341	$1,173,925	$-1,613,375
2022	$4,102,842	$1,395,161	$2,716,087	$2,707,681

Growing Communities Inc