Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 871811721 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund?

Georgia Resilience and Opportunity Fund Inc., operating under the name The Gro Fund, is a nonprofit organization based in Atlanta, Georgia, specifically at 422 Glen Iris Drive. Its primary mission is to combat poverty and work towards bridging the racial wealth gap. To achieve this goal, they develop evidence-based and community-oriented solutions. One of their projects, titled "In Her Hands," aims to educate various agencies about guarantee income programs and the outcomes derived from this project. While The Gro Fund may engage in limited advocacy and share insights with political figures, they do not engage in direct lobbying activities. The organization, with a team of two individuals, focuses on educating Georgia-based organizations and other interested entities about the In Her Hands project and its findings, as well as the underlying theory and policy of guaranteed income projects.


Official website here: www.thegrofund.org/

Is Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund legitimate?

Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $9,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,000

For more financial information, click here


Official website here: www.thegrofund.org/

What is the mission statement of Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund?

The Georgia Resilience and Opportunity Fund Inc., doing business as The Gro Fund, is committed to constructing impactful, evidence-based, and community-driven solutions to combat poverty and strive towards bridging the racial wealth gap. Their mission involves addressing the underlying causes of poverty and working towards an equitable distribution of wealth. The organization focuses on educating various agencies and organizations about guaranteed income programs, sharing the outcomes of their In Her Hands project as a means of advocacy for state-earned income tax credit, without engaging in direct lobbying activities. Their primary objective is to enlighten interested parties about the In Her Hands project, its results, and the underlying theory and policy behind guaranteed income projects, aiming to inspire change within their local community.


Official website here: www.thegrofund.org/

Who is the CEO of Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund?

Hope Wollensack is the Executive Dir. of Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund.


Official website here: www.thegrofund.org/

What is the revenue of Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund?

Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund's revenue in 2022 was $2,472,288.


Official website here: www.thegrofund.org/

Who are the executives of Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund and what are their salaries?

The average compensation at Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund during 2022 was $7,583. There are 2 employees at Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund.

Here are 6 key members and their salaries:

    Hope Wollensack (Executive Dir.)
  • Compensation: $9,167
  • Related: $0
  • Other: $0

    • Amir Farokhi (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aisha Nyandoro (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Madeline Neighly (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dale Royal (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Simpkins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thegrofund.org/

    Where can I find the form 990 for Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund?

    The Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thegrofund.org/

    Learn more at the official website: www.thegrofund.org/

    Mission Statement of Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund

    Georgia Resilience and Opportunity Fund Inc., dba The Gro Fund, is an organization dedicated to tackling the root causes of poverty and working towards bridging the racial wealth gap. They achieve this by developing bold, evidence-based, and community-informed solutions. Their mission is centered around educating various agencies and organizations on the concept of guarantee income programs, leveraging the findings and results of their In Her Hands project. By sharing their knowledge, they aim to inspire change and promote policies that could potentially close the racial wealth gap. While they engage in limited advocacy for state-earned income tax credit, they do not engage in direct lobbying activities. Instead, their primary focus lies in educating interested Georgia-based entities about the In Her Hands project, its outcomes, and the underlying theory and policy behind guaranteed income initiatives. This educational outreach is carried out by the organization's staff and volunteers.

    Impact

    This information is meant to be a general summary of Georgia Resilience And Opportunity Fund Inc Dba The Gro Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Georgia Resilience And Opportunity Fund Inc, known as The Gro Fund, is making a significant impact in Atlanta, Georgia, by building bold, evidence-based, and community-informed solutions to address the root causes of poverty and to work towards closing the racial wealth gap. One of their key initiatives, the In Her Hands project, aims to share its findings with various agencies to educate them on guaranteed income programs. This educational effort is crucial in advocating for policies that support marginalized communities and combat poverty. The Gro Fund's focus on education and advocacy demonstrates its commitment to making a lasting and positive impact on the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $2,472,288

    • Assets and Liabilities:
  • Total Assets: $2,450,282
  • Total Liabilities: $11,006
  • Net Assets: $2,439,276
  • Organization Details

    Founding Year

    2021

    Principal Officer

    Hope Wollensack

    Main Address

    422 GLEN IRIS DRIVE, ATLANTA, GA, 30308

    NTEE Category

    Code: P20 - Human services

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