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Nonprofiteer
← GROWFL INC

Form 990 for tax year 2025

Filed by GROWFL INC.

Totals

Total revenue
$533,827
Total expenses
$495,401
Contributions and grants received
$472,439
Grants paid
$0
Program service revenue
$61,388
Investment income
$0
Other revenue
$0
Total assets, end of year
$233,413
Total liabilities, end of year
$96,966
Net assets or fund balances, end of year
$136,447
Program services expenses (Part IX)
$454,601
Management and general expenses
$40,800
Fundraising expenses
$0
Program service expenses (Part III)
$454,601

Program services were 91.8% 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

    $155,869

  • 1e · Government grants (contributions)

    $37,906

  • 1f · All other contributions, gifts and grants

    $278,664

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

    total $24,309 · related or exempt $24,309

  • 2b · Program service revenue: GROWFL EDGE SPONSORSHIPS

    total $19,357 · related or exempt $19,357

  • 2c · Program service revenue: CHAPTER EVENTS

    total $10,270 · related or exempt $10,270

  • 2d · Program service revenue: OTHER EVENTS

    total $7,452 · related or exempt $7,452

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $125,045 · program services $110,625 · management and general $14,420

  • 7 · Other salaries and wages

    total $67,218 · program services $52,799 · management and general $14,419

  • 9 · Other employee benefits

    total $31,625 · program services $26,881 · management and general $4,744

  • 10 · Payroll taxes

    total $16,140 · program services $13,719 · management and general $2,421

  • 11b · Fees: legal

    total $1,760 · program services $1,408 · management and general $352

  • 11c · Fees: accounting

    total $14,676 · program services $11,741 · management and general $2,935

  • 12 · Advertising and promotion

    total $12,876 · program services $12,876

  • 13 · Office expenses

    total $14,404 · program services $12,895 · management and general $1,509

  • 14 · Information technology

    total $16,480 · program services $16,480

  • 15 · Royalties

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

  • 16 · Occupancy

    total $57,946 · program services $57,946

  • 17 · Travel

    total $2,783 · program services $2,783

  • 19 · Conferences, conventions and meetings

    total $44,913 · program services $44,913

  • 23 · Insurance

    total $2,382 · program services $2,382

  • 24a · Other expenses: PROGRAM EVENT EXPENSE

    total $26,551 · program services $26,551

  • 24b · Other expenses: PROGRAM SERVICE EXPENSE

    total $25,855 · program services $25,855

  • 24c · Other expenses: FLCTW MAIN EVENT

    total $18,642 · program services $18,642

  • 24d · Other expenses: FLCTW RECEPTION

    total $15,105 · program services $15,105

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $96,420 · end of year $220,890

  • 4 · Accounts receivable

    beginning of year $121,718 · end of year $6,416

  • 9 · Prepaid expenses and deferred charges

    beginning of year $28,989 · end of year $6,107

  • 17 · Accounts payable and accrued expenses

    beginning of year $27,550 · end of year $3,022

  • 25 · Other liabilities

    beginning of year $121,556 · end of year $93,944

  • 27 · Net assets without donor restrictions

    beginning of year $98,021 · end of year $136,447

Mission and programs · 2025

Mission

GROWFL HELPS GROWTH-ORIENTED SECOND-STAGE COMPANIES AND THEIR LEADERS OVERCOME CHALLENGES, ACCELERATE SUSTAINABLE GROWTH, AND STRENGTHEN FLORIDA'S ECONOMY THROUGH EDUCATION, PEER LEARNING, LEADERSHIP DEVELOPMENT, AND STRATEGIC CONNECTIONS.

  • GROWFL PROVIDED PEER LEARNING, LEADERSHIP DEVELOPMENT, AND STRATEGIC GROWTH RESOURCES TO SECOND-STAGE COMPANY CEOS AND BUSINESS OWNERS THROUGHOUT FLORIDA. THROUGH PROGRAMS INCLUDING CEO PEER ENGAGEMENT, EXECUTIVE EDUCATION, GROWTH-STAGE BOARDROOM DISCUSSIONS, LEARNING DAY, REGIONAL CHAPTER EVENTS, AND CEO NETWORKING OPPORTUNITIES, GROWFL HELPED GROWTH- FOCUSED LEADERS ADDRESS CHALLENGES RELATED TO TALENT, LEADERSHIP, OPERATIONS, CAPITAL ACCESS, AND STRATEGIC GROWTH WHILE FOSTERING CONNECTIONS WITH EXPERIENCED PEERS AND TRUSTED ADVISORS.

    Expenses $283,919

  • THE GROWFL FLORIDA COMPANIES TO WATCH PROGRAM IDENTIFIES AND HONORS HIGH- PERFORMING SECOND-STAGE COMPANIES HEADQUARTERED IN FLORIDA THAT DEMONSTRATE STRONG GROWTH, INNOVATION, AND COMMUNITY IMPACT. DURING THE YEAR, GROWFL CONDUCTED OUTREACH, APPLICATION REVIEW, JUDGING, DUE DILIGENCE, FINALIST RECOGNITION ACTIVITIES, AND STATEWIDE PROMOTION OF GROWTH-STAGE COMPANIES. THE PROGRAM ENGAGED BUSINESS LEADERS, ECONOMIC DEVELOPMENT ORGANIZATIONS, SPONSORS, AND VOLUNTEER JUDGES IN RECOGNIZING COMPANIES THAT CONTRIBUTE SIGNIFICANTLY TO FLORIDA'S ECONOMY.

    Revenue $24,309

  • GROWFL HOSTED REGIONAL CHAPTER EVENTS, EDUCATIONAL PROGRAMS, AND EXECUTIVE NETWORKING OPPORTUNITIES ACROSS MULTIPLE REGIONS OF FLORIDA, BRINGING TOGETHER SECOND-STAGE CEOS AND BUSINESS OWNERS TO SHARE BEST PRACTICES, DISCUSS GROWTH CHALLENGES, AND LEARN FROM ACCOMPLISHED BUSINESS LEADERS. PROGRAMS ENCOURAGED PEER-TO-PEER LEARNING, COLLABORATION, AND ACCESS TO RESOURCES THAT SUPPORT CONTINUED BUSINESS GROWTH AND JOB CREATION THROUGHOUT THE STATE.

    Expenses $170,682 · Revenue $37,079

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tammie Sweet

    EXECUTIVE DI

    Total calculated
    $125,045
    From this org
    $125,045
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • David Carrier

    DIRECTOR

    Total calculated
    $0
  • Marius Dobren

    DIRECTOR

    Total calculated
    $0
  • Sean Flannery

    DIRECTOR

    Total calculated
    $0
  • Karl Lapan

    DIRECTOR

    Total calculated
    $0
  • Tara Lordi

    VICE CHAIR

    Total calculated
    $0
  • Maria Morales

    TREASURER

    Total calculated
    $0
  • Juliet Negrete-Anderson

    DIRECTOR

    Total calculated
    $0
  • Robert Newland

    CHAIR

    Total calculated
    $0
  • Tom O'Neal

    DIRECTOR

    Total calculated
    $0
  • Pete Previte

    PAST CHAIR

    Total calculated
    $0
  • Paul Sohl

    DIRECTOR

    Total calculated
    $0
  • Ken Theriot

    SECRETARY

    Total calculated
    $0

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
2025
Filed
7 September 2026
IRS schema version
2025v4.0
Source object
202622509349300907

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