Growth Teams Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 881985456 ✦ Bradenton, FL ✦ Designated as a 501(c)(3)

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Overview

What is Growth Teams Inc?

Growth Teams Inc, based in Bradenton, Florida, is a compact nonprofit organization with a single employee. Their primary mission is to assist governments in solving economic growth challenges, particularly in developing countries. They help translate research and policy ideas into tangible actions, focusing on job creation and economic growth. In 2022, their efforts in Rwanda centered around prioritizing sectors and attracting investment, specifically in the IT outsourcing sector, through their collaboration with the Rwanda Development Board (RDB).


Official website here: www.growth-teams.org

Is Growth Teams Inc legitimate?

Growth Teams Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Growth Teams 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: $41,642
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.growth-teams.org

What is the mission statement of Growth Teams Inc?

Growth Teams Inc's mission is centered around assisting governments in solving economic growth issues. They specifically focus on supporting developing country governments in transforming theoretical research and policy ideas into tangible actions. Their objective is to bridge the gap between theory and practical implementation, ultimately driving forward economic growth. In particular, Growth Teams Inc has been working with the Rwanda Development Board (RDB) to stimulate job creation and bolster economic growth, with a focus on the IT outsourcing sector in 2022.


Official website here: www.growth-teams.org

Who is the CEO of Growth Teams Inc?

Jonathan Mazumdar is the President And Secretary of Growth Teams Inc.


Official website here: www.growth-teams.org

What is the revenue of Growth Teams Inc?

Growth Teams Inc's revenue in 2022 was $356,898.


Official website here: www.growth-teams.org

Who are the executives of Growth Teams Inc and what are their salaries?

The average compensation at Growth Teams Inc during 2022 was $41,642. There is 1 employee and 1 volunteer at Growth Teams Inc.


Here are 3 key members and their salaries:


Kartik Akileswaran (President And Secretary)
  • Compensation: $21,588
  • Related: $0
  • Other: $0
Jonathan Mazumdar (Vice President And Treasurer)
  • Compensation: $20,054
  • Related: $0
  • Other: $0
Jonathan Said (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.growth-teams.org

Where can I find the form 990 for Growth Teams Inc?

Growth Teams Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.growth-teams.org

Learn more at the official website: www.growth-teams.org

Mission Statement of Growth Teams Inc

Growth Teams Inc, a renowned organization, is dedicated to facilitating governments in tackling economic growth challenges. Their mission lies in supporting developing country governments in transforming theoretical research and policy ideas into tangible actions. By doing so, they aim to stimulate economic growth and development. In specific scenarios, Growth Teams Inc has demonstrated this mission in action, such as their collaboration with the Rwanda Development Board (RDB). In Rwanda, they assisted the RDB in implementing measures that stimulate job creation and economic growth, with a focus on the IT outsourcing sector in 2022. This involved sector prioritization and investment attraction strategies, contributing to the country's economic growth efforts.

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Impact




October, 2024

Growth Teams Inc plays a pivotal role in driving economic growth and job creation in developing countries, particularly in Rwanda. By collaborating closely with the Rwanda Development Board (RDB), Growth Teams facilitates actionable strategies that lead to investment attraction and sector prioritization, specifically focusing on the burgeoning IT outsourcing sector.

In 2022, the organization's targeted efforts helped translate theoretical research and policy ideas into practical actions, enabling the RDB to implement initiatives that boost the economy. This hands-on approach not only fosters an environment conducive to economic development but also empowers local governments to effectively problem-solve and make informed decisions that catalyze growth. As a result, Growth Teams Inc is instrumental in transforming economic landscapes, enhancing governmental capacity, and improving livelihoods in the regions it serves.




This information is meant to be a general summary of Growth Teams 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.

Revenue
$356,898 (2022)
Expenses
$50,919 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $384
  • Gross Receipts: $356,898

Assets and Liabilities:

  • Total Assets: $305,979
  • Total Liabilities: $0
  • Net Assets: $305,979

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Organization Details

Founding Year

2022

Principal Officer

Jonathan Mazumdar

Main Address

4812 BENITO CT, BRADENTON, FL, 34211

NTEE Category

Code: Q30 - International

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