Center For Growth And Opportunity
- Assets
- $2.6m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 31
- Location
- Logan, UT
- Founding
- 05/2013
- Data as of
- 12/2021
- EIN
- 45-3564310
Organization Overview
Center For Growth And Opportunity is located in Logan, UT. The organization was established in 2013. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Center For Growth And Opportunity employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Growth And Opportunity is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Center For Growth And Opportunity generated $4.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $5.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Center For Growth And Opportunity has awarded 15 individual grants totaling $1,352,445. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CENTER FOR GROWTH AND OPPORTUNITY AT UTAH STATE UNIVERSITY EXPLORES THE SCIENTIFIC FOUNDATIONS OF THE INTERACTION BETWEEN INDIVIDUALS, BUSINESS, AND GOVERNMENT TO IMPROVE WELL-BEING FOR INDIVIDUALS AND SOCIETY. OUR FOCUS IS ON PRODUCING RESEARCH AND IMPACTFUL LEARNING EXPERIENCES THAT ALLOW US TO UNDERSTAND AND SHARE KNOWLEDGE ON THE FACTORS THAT INCREASE ECONOMIC GROWTH AND INDIVIDUAL OPPORTUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH: WE FOCUS ON TRANSFORMATIVE RESEARCH PROJECTS. EVERY PROJECT WE SELECT DISRUPTS, CHALLENGES, AND CHANGES THE WAY PEOPLE THINK ABOUT ONGOING PUBLIC POLICY QUESTIONS, AND WILL PAINT AN OPTIMISTIC VISION THAT PROVIDES A CLEAR PATH FOR INSIGHTFUL, INNOVATIVE, AND RESPONSIBLE SOLUTIONS.
ACADEMIC STUDENT PROGRAMS: THE CENTER FOR GROWTH AND OPPORTUNITY IS COMMITTED TO TALENT DEVELOPMENT. STUDENTS HAVE OPPORTUNITIES TO RESEARCH REAL-WORLD ECONOMIC POLICY TOPICS, TACKLE BIG IDEAS, AND DEVELOP DYNAMIC SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Koopman Executive Di | Officer | 40 | $265,900 |
Blake Dursteler President | Officer | 40 | $203,300 |
Eli Dourado Key Employee | Officer | 40 | $180,900 |
Amy Rees Anderson Board Member | Trustee | 1 | $0 |
Vernon L Smith Board Member | Trustee | 1 | $0 |
Derek Johnson Board Chairm | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,826,609 |
| Noncash contributions included in lines 1a–1f | $492,916 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,826,609 |
| Total Program Service Revenue | $0 |
| Investment income | $6,244 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,832,853 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $177,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $761,833 |
| Compensation of current officers, directors, key employees. | $74,129 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,431,853 |
| Pension plan accruals and contributions | $69,492 |
| Other employee benefits | $70,331 |
| Payroll taxes | $132,254 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $319,501 |
| Advertising and promotion | $165,248 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $122,089 |
| Travel | $109,227 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,763 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,216,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,104,177 |
| Savings and temporary cash investments | $1,210,975 |
| Pledges and grants receivable | $110,000 |
| Accounts receivable, net | $1,139 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $131,499 |
| Net Land, buildings, and equipment | $3,648 |
| Investments—publicly traded securities | $52,057 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,850 |
| Total assets | $2,624,345 |
| Accounts payable and accrued expenses | $56,769 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $360,662 |
| Total liabilities | $417,431 |
| Net assets without donor restrictions | $2,206,914 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,624,345 |
Grants Awarded
Over the last fiscal year, Center For Growth And Opportunity has awarded $177,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Logan, UT PURPOSE: FACULTY SUPPORT | $69,000 |
Nashville, TN PURPOSE: CHARITABLE SUPPORT | $33,500 |
New Orleans, LA PURPOSE: CHARITABLE SUPPORT | $25,000 |
Lehi, UT PURPOSE: CHARITABLE SUPPORT | $25,000 |
Denver, CO PURPOSE: CHARITABLE SUPPORT | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Center For Growth And Opportunity has recieved totaling $3,422,173.
| Awarding Organization | Amount |
|---|---|
The Seminar Network Inc Arlington, VA PURPOSE: General Operating Support | $3,310,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $75,000 |
Ncta-The Internet & Television Association Washington, DC PURPOSE: GENERAL SUPPORT 2021 | $10,000 |
Mywireless Org Washington, DC PURPOSE: GENERAL SUPPORT | $10,000 |
Charles Koch Foundation Arlington, VA PURPOSE: EDUCATIONAL PROGRAMS | $9,173 |
Charles Koch Institute Arlington, VA PURPOSE: EDUCATION | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Growth And Opportunity Logan, UT | $2,624,345 | $4,832,853 |
Junior Achievement Of Arizona Tempe, AZ | $8,907,412 | $7,233,481 |
Junior Achievement Rocky Mountain Greenwood Village, CO | $18,471,088 | $14,472,963 |
Mentors International Draper, UT | $5,706,247 | $4,438,718 |
Junior Achievement Of Utah Inc Salt Lake City, UT | $6,903,312 | $2,914,678 |
Maia Denver, CO | $1,535,356 | $1,063,464 |
Junior Achievement Of Southern Nevada Las Vegas, NV | $9,425,008 | $6,465,868 |
Womens Bakery Inc Denver, CO | $838,378 | $1,065,951 |
Unitus Labs Orem, UT | $560,734 | $558,382 |
Kinetix Global Development Corporation Albuquerque, NM | $236,646 | $690,645 |
Junior Achievement Of Southern Colorado Colorado Springs, CO | $1,691,350 | $573,672 |
Beauty For Ashes Worldwide Inc Colorado Springs, CO | $166,723 | $597,781 |