GROWTH PHILANTHROPY NETWORK INC Charity Report

Public IRS 990 nonprofit record

GROWTH PHILANTHROPY NETWORK INC

EIN 42-1625224 · Philanthropy, Charity & Voluntarism Promotion (T50)

What they do

GROWTH PHILANTHROPY NETWORKS MISSION is to HELP CATALYZE and DRIVE EQUITABLY SYSTEMS CHANGE and ADVANCE RACIAL EQUITY IN ORDER for ALL PEOPLE to THRIVE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $73.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

190.59%of revenue went to mission work73.1% of expenses · Program services

17.50%of revenue went to fundraising6.7% of expenses

$260.68spent for every $100 of revenueSpending was higher than revenue this year.

52.59%of revenue went to management and office costs20.2% of expenses

$0.26in assets for every $1 spent this yearSome assets cannot be spent right away.

99.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $662,095 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $185,000 for MONIKA KINCHELOE (VICE PRESIDE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$412,069

Mission workProgram services$785,367190.59% of revenue73.1% of expenses

ManagementOffice and general costs$216,69952.59% of revenue20.2% of expenses

FundraisingAsking for donations$72,09817.50% of revenue6.7% of expenses

Total expenses$1,074,164260.68% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 73.1% mission · 20.2% management · 6.7% fundraisingTotal expenses: 260.68% of revenue

2023Expense mix: 79.5% mission · 15.6% management · 4.9% fundraisingTotal expenses: 132.46% of revenue

2022Expense mix: 78.8% mission · 16.1% management · 5.1% fundraisingTotal expenses: 93.34% of revenue

2021Expense mix: 75.8% mission · 17.6% management · 6.6% fundraisingTotal expenses: 96.68% of revenue

2020Expense mix: 80.0% mission · 14.3% management · 5.7% fundraisingTotal expenses: 97.03% of revenue

2019Expense mix: 93.6% mission · 5.2% management · 1.3% fundraisingTotal expenses: 142.18% of revenue

2018Expense mix: 87.7% mission · 9.7% management · 2.7% fundraisingTotal expenses: 42.85% of revenue

2017Expense mix: 78.2% mission · 13.4% management · 8.4% fundraisingTotal expenses: 210.49% of revenue

Money in and money out

Revenue$412,069

Expenses$1,074,164

Annual shortfall $662,095 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$785,367 · 73.1% of expenses

Management and office costs$216,699 · 20.2% of expenses

Fundraising$72,098 · 6.7% of expenses

See all reported dollar amounts

Revenue$412,069

Expenses$1,074,164

Assets$282,353

Income$412,069

Contributions$411,750

Mission work (program services)$785,367

Fundraising$72,098

Grants given$1,785,000

Average grant$446,250

Management and general$216,699

Executive compensation (total)$226,452

Accounting fees$10,981

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MONIKA KINCHELOEVICE PRESIDE · 40 hrs/week $185,000

NINEEQUA BLANDINGVICE PRESIDE · 40 hrs/week $179,826

AMANDA PAPIRASSOCIATE DI · 40 hrs/week $120,600

ALEXANDER ROSSIDESPRESIDENT · 40 hrs/week $114,294Base $99,250 · Other $15,044

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (10)

MONIKA KINCHELOEVICE PRESIDE

NINEEQUA BLANDINGVICE PRESIDE

AMANDA PAPIRASSOCIATE DI

ALEXANDER ROSSIDESPRESIDENT

ANTOINETTE LA BELLE UNTIL 1224DIRECTOR

BANNY BANERJEEDIRECTOR

CHRISTOPHER LANGSTONDIRECTOR

KEISHA SENTERDIRECTOR

PAUL GILBERTDIRECTOR

ROB DENSENDIRECTOR

About this charity

Recognized since: January 2005
Location: 1345 AVENUE OF THE AMERICAS 33RD FL, NEW YORK, NY 10105
County: New York
In care of: ALEXANDER ROSSIDES
Primary officer: ALEXANDER ROSSIDES, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(917) 449-3512 Officer phone(002) 125-5111

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GALLEROS ROBINSON
NTEE classification: Philanthropy, Charity & Voluntarism Promotion (T50)
IRS tax category: Philanthropy, Charity & Voluntarism Promotion
Grant-giving organization: Yes