Overview
What is Grow Home Inc?
Grow Home Inc is a nonprofit organization situated in Baltimore, Maryland, specifically at 402 Lyman Ave. Their primary focus is on workforce development, particularly in the field of trades education and community improvement. They have embarked on a program in South Baltimore, collaborating with a local high school, to enhance green spaces, renovate distressed buildings, and support small parks within the community. Grow Home Inc's mission encompasses capacity building, program development, fiscal sponsorship, and organizational development, all aimed at improving the overall quality of life in the community. With a staff of 31 dedicated individuals, they strive to foster growth and betterment in Baltimore.
Official website here: www.growhomebaltimore.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Grow Home Inc has achieved a remarkable Four-Star rating on Charity Navigator, indicating an exceptional level of accountability and financial health. This high score reflects the organization's commitment to transparency and responsible financial management, with an overall score derived entirely from its accountability and finance metrics. The rating demonstrates the charity's effective use of resources and strong governance practices.
The organization excels in several key areas, including having a fully independent board of directors and a strong audit and oversight committee. All financial statements are audited, and there are no reported material diversions of assets, which highlights Grow Home Inc's dedication to safeguarding donor contributions. The organization's fiscal responsibility is further underscored by a low liabilities-to-assets ratio, indicating a solid financial footing.
While the rating is impressive, it is essential to consider the charity's specific operational focus and the impact of its programs. Although the data shows that 81.22% of expenses are directed toward programs, potential donors should seek additional information about the effectiveness of the programs themselves and the long-term outcomes they achieve. Overall, Grow Home Inc demonstrates a strong commitment to accountability and responsible stewardship of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Grow Home Inc legitimate?
Grow Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grow Home 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: $66,783
Professional Fundraising Fees: $0
Other Salaries and Wages: $345,278
For more financial information, click here
Official website here: www.growhomebaltimore.com
What is the mission statement of Grow Home Inc?
Grow Home Inc's mission is centered around assisting community members in various capacities. Their primary objective is to support community members in their capacity building and program development efforts, aiming to improve the overall quality of life. Additionally, they provide fiscal sponsorship and organizational development services. Beyond this, Grow Home Inc is committed to enhancing green spaces and promoting community organization, working towards the betterment of local communities. As part of their mission, they also engage in workforce development programs, focusing on trades education and distressed building support, with a particular focus on high schools in South Baltimore.
Official website here: www.growhomebaltimore.com
Who is the CEO of Grow Home Inc?
Michael F Dorsey is the Executive Director of Grow Home Inc.
Official website here: www.growhomebaltimore.com
What is the revenue of Grow Home Inc?
Grow Home Inc's revenue in 2022 was $697,385.
Official website here: www.growhomebaltimore.com
Who are the executives of Grow Home Inc and what are their salaries?
The average compensation at Grow Home Inc during 2022 was $13,292. There are 31 employees and 10 volunteers at Grow Home Inc.
Here are 5 key members and their salaries:
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Official website here: www.growhomebaltimore.com
Where can I find the form 990 for Grow Home Inc?
Grow Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.growhomebaltimore.com
Learn more at the official website: www.growhomebaltimore.com
Mission Statement of Grow Home Inc
Grow Home Inc, a nonprofit organization, is committed to assisting community members in various capacities. Their mission is centered around capacity building and program development, aiming to enhance the quality of life for individuals in the community. They offer fiscal sponsorship and organizational development services, ensuring that local organizations have the necessary support to thrive. Additionally, Grow Home Inc is dedicated to promoting green spaces and community organization, working towards the betterment of the community as a whole. In practice, this translates into a workforce development program focused on trades education, green space enhancement, and community improvement. They also aim to support small parks in Baltimore through community-based initiatives.
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Impact
July, 2024
Grow Home Inc's impact in Baltimore, MD is significant as they focus on capacity building, program development, and organizational enhancement for the overall improvement of quality of life. They are actively involved in workforce development programs in South Baltimore, providing education and training opportunities in trades, green space enhancement, community improvement, and revitalization of distressed buildings. This organization plays a vital role in supporting small parks in Baltimore through community-based initiatives, ultimately contributing to the betterment of the local community and environment.
This information is meant to be a general summary of Grow Home Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $697,385
Assets and Liabilities:
- Total Assets: $264,547
- Total Liabilities: $0
- Net Assets: $264,547
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Organization Details
Founding Year
2018
Phone
(410) 491-0852Principal Officer
Michael F Dorsey
Main Address
402 Lyman Ave, Baltimore, MD, 21212
Website
www.growhomebaltimore.comNTEE Category
Code: A12 - Arts
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