GROWTH OPPORTUNITY PARTNERS INC Charity Report

Public IRS 990 nonprofit record

GROWTH OPPORTUNITY PARTNERS INC

EIN 47-4257622 · Management & Technical Assistance - Community Improvement & Capacity Building (S02)

What they do

to PROVIDE ADVISORY SERVICES, FINANCIAL SOLUTIONS, and ADVOCACY, to CULTIVATE MORE RESILIENT PERSONS and COMMUNITIES PREVSIOUSLY UNDER-RESOURCED and UNDER-VALUED, UTILIMATELY to IMPORVE QUALITY of LIFE, OUTPUTS, and OUTCOMES WITH A PARTICULAR FOCUS ON DISADVANTAGED COMMUNITIES and PERSONS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $49.80 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 leaders7 people are listed in the latest report.

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

Money made simple

116.45%of revenue went to mission work49.8% of expenses · Program services

$233.62spent for every $100 of revenueSpending was higher than revenue this year.

117.17%of revenue went to management and office costs50.2% of expenses

$1.06in assets for every $1 spent this yearSome assets cannot be spent right away.

92.8%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 $1,556,423 this year. Ask whether that was planned or caused by a one-time event.

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$1,164,841

Mission workProgram services$1,356,446116.45% of revenue49.8% of expenses

ManagementOffice and general costs$1,364,818117.17% of revenue50.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$2,721,264233.62% 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: 49.8% mission · 50.2% management · 0.0% fundraisingTotal expenses: 233.62% of revenue

2023Expense mix: 47.1% mission · 52.1% management · 0.7% fundraisingTotal expenses: 289.86% of revenue

2022Expense mix: 70.5% mission · 29.5% management · 0.0% fundraisingTotal expenses: 82.61% of revenue

2021Expense mix: 79.3% mission · 20.7% management · 0.0% fundraisingTotal expenses: 100.99% of revenue

2020Expense mix: 77.2% mission · 22.8% management · 0.0% fundraisingTotal expenses: 48.48% of revenue

2019Expense mix: 53.4% mission · 46.6% management · 0.0% fundraisingTotal expenses: 133.81% of revenue

2018Expense mix: 59.9% mission · 40.1% management · 0.0% fundraisingTotal expenses: 108.17% of revenue

2017Expense mix: 64.2% mission · 35.8% management · 0.0% fundraisingTotal expenses: 43.77% of revenue

Money in and money out

Revenue$1,164,841

Expenses$2,721,264

Annual shortfall $1,556,423 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)$1,356,446 · 49.8% of expenses

Management and office costs$1,364,818 · 50.2% of expenses

See all reported dollar amounts

Revenue$1,164,841

Expenses$2,721,264

Assets$2,889,497

Income$1,164,841

Contributions$1,081,000

Mission work (program services)$1,356,446

Grants given$1,231,592

Average grant$26,774

Management and general$1,364,818

Accounting fees$173,875

People

Leadership and board

Tax year 2024

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

See everyone listed on the board or leadership roster (7)

DONET GRAVESDIRECTOR

JEFFREY CLAWSONCHIEF CREDIT OFFICER

MARCUS GLANTONCHIEF OPERATING OFFICER

MICHAEL JEANSPRESIDENT/CHIEF EXECUTIVE

NDEDA LETSONCHAIR OF THE BOARD

RICHARD JANKURATREASURER

SHEILA WRIGHTVICE CHAIR

About this charity

Recognized since: January 2016
Location: 6001 EUCLID AVE, CLEVELAND, OH 44103
County: Cuyahoga
In care of: MICHAEL JEANS
Primary officer: MICHAEL JEANS, CHIEF CREDIT OFFICER

How to reach them

WebsiteVisit the charity’s website Emailinfo@growthopps.org Phone(216) 462-0600

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: RW CORWIN & COMPANY INC
NTEE classification: Management & Technical Assistance - Community Improvement & Capacity Building (S02)
IRS tax category: Management & Technical Assistance
Grant-giving organization: Yes