Grow Inc

Charity Navigator Rating: 27%

Grow Inc has received a low rating of 27%, indicating significant concerns regarding its accountability and financial practices. The organization scores particularly well in governance aspects, with a fully independent board, but falls short in key financial transparency areas such as missing financial statements and various policy documents. These deficiencies contribute to its overall zero-star rating, highlighting risks for potential donors regarding the organization's operational integrity.

The strengths of Grow Inc lie in its board structure, as it boasts 100% independent members and adequate board meeting documentation. However, these merits are overshadowed by the lack of transparency in financial reporting, which severely impacts its credibility. The absence of essential documents such as conflict of interest policies and financial statements raises alarms about its governance practices.

In terms of financial management, Grow Inc shows a concerning program expense ratio of only 11.08%, suggesting that a minimal portion of its expenses goes toward its stated programs. This implies potential inefficiencies in fund allocation, which is a significant red flag for donors considering their support. Overall, while Grow Inc has some governance strengths, the substantial transparency issues warrant caution for potential contributors.

This AI summary has been generated from information found on Charity Navigator.

Grow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grow Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $564,980

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