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        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4A</FormAndLineReferenceDesc>
        <ExplanationTxt>IN 2022, THE GROWTH FACTORY BUILT ON IT'S CORE ACCELERATOR PROGRAM THAT FOCUSES ON SUPPORTING HIGH GROWTH VENTURE BACKABLE STARTUPS WITH PROGRAMMING THAT INCLUDES WORKSHOPS AND MENTORSHIP IN THREE AREAS OF MARKET ACCELERATION - FOCUSED ON CUSTOMER DISCOVERY AND THE PATH TO PRODUCT MARKET FIT; GET FUNDABLE, BUILDING THE STRATEGY, ASSETS AND NETWORK TO RAISE VENTURE FUNDS; AND FOUNDER TO CEO, A FACILIATATD PEER GROUP FOCUSED ON DEVELOPING LEADERS OF HIGH GROWTH COMPANIES. 33 COMPANIES AND THEIR TEAMS (APPROX. 70 INDIVIDUALS) WERE SELECTED AND SUPPORTED IN 2022 VIA COHORT 1 AND COHORT 2. THE GROWTH FACTORY ALSO EXPANDED ITS PROGRAMS TO SERVE A BROADER RANGE OF ENTREPRENEURS AND TO SUPPORT THE DEVELOPMENT OF THE REGIONAL ENTREPRENEURIAL ECOSYSTEM AND ENTREPRENEURIAL TALENT. THE GROWTH FACTORY PARTNERED WITH THE CITY OF ROSEVILLE TO LAUNCH THE ROSEVILLE VENTURE LAB, A PROGRAM AND EVENTS SPACE WITH FREE COWORKING FOR THE PUBLIC IN SEPTEMBER 2022. THE SPACE HOSTED APPROX. 1500 VISITS FROM SEPT - DEC 2022. ALONG WITH THIS SPACE, THE GROWTH FACTORY DESIGNED AND RAN FOR THE CITY A PROGRAM CALLED ROSEVILLE RISING THAT SUPPORTED AN ADDITIONAL 15 COMPANIES AND THEIR TEAMS OF APPROX 20 INDIVIDUALS THROUGH A 6-WEEK BOOTCAMP AND PITCH EVENT. THE GROWTH FACTORY SERVED AS ENTREPRENEUR IN RESIDENCE AT SIERRA COLLEGE AND WORKED WITH THE FACULTY TO SUPPORT THE DEVELOPMENT OF THE ENTREPRENEURIAL MINDSET, SKILLSET, AND TOOLSET ACROSS CAMPUS. THE GROWTH FACTORY LAUNCHED GFX, A LARGE-SCALE REGIONAL INNOVATION CONFERENCE THAT CONVENED 600 ATTENDEES FOR A DAY OF CONNECTION AND LEARNING. THIS EVENT HOSTED OTHER REGIONAL NONPROFITS SUPPORTING ENTREPRENEURS, SHOWCASED 23 COMPANIES, AND OFFERED 12 EDUCATIONAL BREAKOUT SESSIONS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>A FINAL PREPARED FORM 990 IS DISTRIBUTED TO ALL DIRECTORS PRIOR TO FILING WITH THE IRS. THE BOARD REVIEWS THE FORM 990 PRIOR TO ITS BEING FILED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>REQUEST TO REVIEW DOCUMENTS CAN BE MADE EITHER BY PHONE CALL OR EMAIL.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
        <ExplanationTxt>CONTRACT &amp; PROFESSIONAL FEES 58,286 0 0</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
