The Ghrow Foundation Inc
- Assets
- $302.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, MD
- Founding
- 08/1995
- Data as of
- 06/2023
- EIN
- 52-1845944
Organization Overview
The Ghrow Foundation Inc is located in Columbia, MD. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ghrow Foundation Inc 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 06/2023, Ghrow Foundation Inc generated $87.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $49.7k during the year ending 06/2023. While expenses have increased by 8.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED EDUCATION SCHOLARSHIPS TO STUDENTS MEETING CERTAIN ACADEMIC, LEADERSHIP, AND ECONOMIC NEED CRITERIA. BENEFITTED 23 STUDENTS DURING THE FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Williams President | 5 | $0 | |
David Reile Vice President | 2 | $0 | |
Lauron Henkel Secretary | 2 | $0 | |
Mark Griffin Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,595 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,704 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,299 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $178 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,229 |
| Other expenses | $2,825 |
| Total expenses | $49,732 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $302,702 |
| Other assets | $0 |
| Total assets | $302,702 |
| Total liabilities | $54,500 |
| Net assets or fund balances | $248,202 |