J — EmploymentEIN: 237378144· Ruling Year: 1975

Grow Associates Inc

Randolph, Massachusetts

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$5.8M
Total Revenue
📊
$5.7M
Total Expenses
🏦
$5.7M
Net Assets
📋
$7.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.8%
Year-over-year change (2023 → 2024)
Net Margin
+1.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.00
Net assets divided by total expenses
Liabilities-to-Assets
55.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$5,759,083↑11%$5,677,169↑17%$12,690,156↑4%
2023$5,195,953↑25%$4,850,162↑9%$12,158,603↑3%
2022$4,151,942↓11%$4,448,951↑36%$11,859,296↑102%
2021$4,675,470↓12%$3,278,117↓26%$5,880,414↑29%
2020$5,292,822↑5%$4,407,127↑3%$4,563,511↑25%
2019$5,026,674↑6%$4,286,614↑3%$3,656,117↑28%
2018$4,726,460↑6%$4,170,933↑6%$2,853,510↑15%
2017$4,476,785↑6%$3,943,142↑3%$2,479,039↑17%
2016$4,221,813↑7%$3,821,557↑5%$2,112,145↑20%
2015$3,963,659↑12%$3,650,918↑7%$1,766,816↑17%
2014$3,537,685↑23%$3,411,957↑23%$1,504,111↓6%
2013$2,869,499↑20%$2,769,196↑19%$1,598,691↑165%
2012$2,401,167$2,328,304$603,908

Frequently Asked Questions

What does Grow Associates Inc do?▼

Grow Associates Inc is a employment nonprofit organization based in Massachusetts. It is classified under NTEE code J33Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Grow Associates Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Grow Associates Inc has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Grow Associates Inc generate?▼

Grow Associates Inc reports $6.2M in annual revenue and holds $12.5M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Employment category, or browse all nonprofits in Massachusetts.