Help Us Grow Foundation Inc
- Assets
- $138.5k
- Revenue
- $337.8k
- Investments
- $0.0
- Employees
- 11
- Location
- Louisville, KY
- Founding
- 10/2017
- Data as of
- 06/2024
- EIN
- 82-0905190
Organization Overview
Help Us Grow Foundation Inc is located in Louisville, KY. The organization was established in 2017. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2024, Help Us Grow Foundation Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Help Us Grow 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 06/2024, Help Us Grow Foundation Inc generated $337.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $426.9k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
HELP US GROW FOUNDATION WAS ESTABLISHED FOR THE PURPOSE OF ASSISTING IN THE EDUCATION OF STUDENTS IN THE SECOND AND THIRD GRADES IN THE JEFFERESON COUNTY (KENTUCKY) PUBLIC SCHOOLS WHO ARE STRUGGLING WITH READING AND IN DANGER OF FAILING THEIR THIRD GRADE PROFICIENCY TESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH ITS H.U.G. READING PROGRAM, THE ORGANIZATION SUPPORTS MULTIPLE DEMOGRAPHICS WITH A FOCUS ON LITERACY AND COMMUNITY ENGAGEMENT ELEMENTARY STUDENTS (GRADES K-4): PROVIDES TARGETED LITERACY INTERVENTION ALIGNED WITH STATE CORE STANDARDS. HIGH SCHOOL AND COLLEGE STUDENTS: OFFERS CERTIFICATION AS TUTORS, INTERNSHIPS, AND VOLUNTEER HOURS, WHLE FOSTERING CIVIC ENGAGEMENT THROUGH THE "BE THE DIFFERENCE" CAMPAIGN SENIORS: CREATES MEANINGFUL OPPORTUNITIES TO CONTRIBUTE TO THEIR COMMUNITIES AND FIND PERSONAL FULFILLMENT. THE PROGRAM IS EXPANDING ACROSS FIVE STATES AND IS SEEKING TO INCREASE ITS IMPACT ON NATIONAL LITERACY RATES. STAFF INCREASES AND PAYROLL INCREASES HAVE ALL BEEN ESTABLISHED TO IMPLEMENT THIS INCREASED EMPHASIS ON THIS MORE ROBUST PROGRAM. THE INCREASE NOW INCLUDES 2 FULL TIME PROGRAM DIRECTORS 4 PARTTIME ROLES FOR OPERATIONAL EFFICIENCY 10 FEDERAL WORK STUDY STUDENTS 2 AMERICORPS VISTA MEMBERS AND 3 AMERICAN READS EMPLOYEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Black Director | Trustee | $0 | |
Janine Broussard Director | Trustee | $0 | |
Ross Cohen Director | Trustee | $0 | |
Sam Corobert President | OfficerTrustee | $0 | |
Brad Fluegel Director | Trustee | $0 | |
Dr Amy Lingo Director | Trustee | $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 | $337,394 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $337,394 |
| Total Program Service Revenue | $0 |
| Investment income | $441 |
| 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 | $337,835 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $241,010 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,331 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,010 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $65,968 |
| Advertising and promotion | $16,441 |
| Office expenses | $13,031 |
| Information technology | $31,757 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,017 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $894 |
| Insurance | $2,402 |
| All other expenses | $0 |
| Total functional expenses | $426,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,085 |
| Savings and temporary cash investments | $112,209 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,237 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $138,531 |
| Accounts payable and accrued expenses | $0 |
| 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 | $6,011 |
| Total liabilities | $6,011 |
| Net assets without donor restrictions | $132,520 |
| 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 | $138,531 |