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Nonprofiteer
← GROWFL INC

Form 990 for tax year 2024

Filed by GROWFL INC.

Totals

Total revenue
$482,870
Total expenses
$490,957
Contributions and grants received
$412,736
Grants paid
$0
Program service revenue
$70,134
Investment income
$0
Other revenue
$0
Total assets, end of year
$247,127
Total liabilities, end of year
$149,106
Net assets or fund balances, end of year
$98,021
Program services expenses (Part IX)
$452,944
Management and general expenses
$38,013
Fundraising expenses
$0
Program service expenses (Part III)
$452,944

Program services were 92.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $104,137

  • 1e · Government grants (contributions)

    $27,312

  • 1f · All other contributions, gifts and grants

    $281,287

  • 2a · Program service revenue: GROWFL EDGE

    total $19,500 · related or exempt $19,500

  • 2b · Program service revenue: GROWFL COMPANIES TO WATCH

    total $16,030 · related or exempt $16,030

  • 2c · Program service revenue: GROWFL EDGE SPONSORSHIPS

    total $13,280 · related or exempt $13,280

  • 2d · Program service revenue: CHAPTER EVENTS

    total $10,410 · related or exempt $10,410

  • 2e · Program service revenue: OTHER EVENTS

    total $9,114 · related or exempt $9,114

  • 2f · All other program service revenue

    total $1,800 · related or exempt $1,800

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $56,068 · program services $45,553 · management and general $10,515

  • 7 · Other salaries and wages

    total $87,119 · program services $76,157 · management and general $10,962

  • 8 · Pension plan contributions

    total $916 · program services $779 · management and general $137

  • 9 · Other employee benefits

    total $30,654 · program services $26,056 · management and general $4,598

  • 10 · Payroll taxes

    total $12,305 · program services $10,459 · management and general $1,846

  • 11c · Fees: accounting

    total $9,529 · program services $7,623 · management and general $1,906

  • 11g · Fees: other

    total $33,332 · program services $26,666 · management and general $6,666

  • 12 · Advertising and promotion

    total $15,363 · program services $14,855 · management and general $508

  • 13 · Office expenses

    total $14,321 · program services $13,446 · management and general $875

  • 14 · Information technology

    total $19,088 · program services $19,088

  • 15 · Royalties

    total $1,000 · program services $1,000

  • 16 · Occupancy

    total $58,914 · program services $58,914

  • 17 · Travel

    total $3,296 · program services $3,296

  • 19 · Conferences, conventions and meetings

    total $47,450 · program services $47,450

  • 23 · Insurance

    total $1,308 · program services $1,308

  • 24a · Other expenses: PROGRAM EVENT EXPENSE

    total $35,490 · program services $35,490

  • 24b · Other expenses: PROGRAM SERVICE EXPENSE

    total $32,063 · program services $32,063

  • 24c · Other expenses: FLCTW MAIN EVENT

    total $31,046 · program services $31,046

  • 24d · Other expenses: FLCTW RECEPTION

    total $1,695 · program services $1,695

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $149,268 · end of year $96,420

  • 4 · Accounts receivable

    beginning of year $89,672 · end of year $121,718

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,950 · end of year $28,989

  • 15 · Other assets

    beginning of year $48,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $34,530 · end of year $27,550

  • 25 · Other liabilities

    beginning of year $151,252 · end of year $121,556

  • 27 · Net assets without donor restrictions

    beginning of year $106,108 · end of year $98,021

Mission and programs · 2024

Mission

TO PROVIDE RESOURCES FOR CEOS OF SECOND-STAGE COMPANIES TO HELP THEM OVERCOME UNIQUE CHALLENGES AND ACCELERATE BUSINESS GROWTH.

  • COLLABORATIVE ACTIVITIES TO ASSIST SECOND-STAGE COMPANIES OVERCOME UNIQUE CHALLENGES AND ACCELERATE BUSINESS GROWTH. THIS PURPOSE ASSISTED APPROXIMATELY 150 COMPANIES IN FY 2024.

    Expenses $273,624 · Revenue $281,287

  • FLORIDA COMPANIES TO WATCH: THE ANNUAL EVENT HONORED THE TOP 50 COMPANIES IN FLORIDA THAT DEMONSTRATE GROWTH, INNOVATION, AND COMMUNITY CONTRIBUTION. IT WAS HELD AT HARD ROCK LIVE AND ATTENDED BY APPROXIMATELY 400 PEOPLE.

    Revenue $16,030

  • GROWFL REGIONAL CHAPTER EVENTS: GROWFL REGIONAL EVENTS ARE RESERVED FOR SECOND-STAGE COMPANY PRESIDENTS, CEOS, AND BUSINESS OWNERS. THE GROWFL CHAPTER EVENTS BRING TOGETHER SECOND-STAGE CEOS AND REGIONAL BUSINESS OWNERS QUARTERLY. EVENTS TYPICALLY FEATURE A SECOND OR THIRD-STAGE KEYNOTE SPEAKER WHO WILL SHARE HOW THEY HAVE GROWN THEIR BUSINESS, THE LESSONS THEY HAVE LEARNED ALONG THE WAY, THEIR CHALLENGES, AND THE SOLUTIONS THEY UTILIZED TO OVERCOME THOSE CHALLENGES. GROWFL REGIONAL CHAPTER EVENTS ARE HELD IN NORTHEAST, SOUTHEAST, EAST CENTRAL AND TAMPA BAY REGIONS OF FLORIDA.

    Expenses $179,320 · Revenue $54,104

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tammie Sweet

    EXECUTIVE DI

    Total calculated
    $56,068
    From this org
    $56,068
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • David Carrier

    PAST CHAIRMA

    Total calculated
    $0
    Hours/week
    1
  • Marius Dobren

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jeff Holder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Tara Lordi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Maria Morales

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Juliet Negrete-Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Robert Newland

    CHAIR ELECT

    Total calculated
    $0
    Hours/week
    1
  • Tom O'Neal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Pete Previte

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Paul Sohl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Ken Theriot

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
23 October 2025
IRS schema version
2024v5.0
Source object
202542979349301864

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