GROWTH FACTORY
Cite this
Plain text GROWTH FACTORY. furp.org, nonprofit organization profile, tax years 2021–2025. https://furp.org/org/growth-factory-611999178. Retrieved 2026-10-29.
APA furp.org. (n.d.). GROWTH FACTORY [Nonprofit organization profile; tax years 2021–2025]. Retrieved October 29, 2026, from https://furp.org/org/growth-factory-611999178
MLA “GROWTH FACTORY.” furp.org, tax years 2021–2025, https://furp.org/org/growth-factory-611999178. Accessed 29 Oct. 2026.
Retrieved 2026-10-29; covers tax years 2021–2025. Data: furp.org, CC BY 4.0.
2025 · Form 990 · revenue $497K · expenses $385K · assets $264K
- EIN
- 61-1999178
- Address
- 4465 GRANITE DR, ROCKLIN, CA 95677-2143
- Website
- GFNTEAM.ORG
- NTEE code
- S43
- Exempt type
- 501(c)(3): charitable, religious, educational, scientific or literary (corporation)
- Ruling date
- August 2022 (when the IRS recognized its exemption)
- IRS status
- Exempt (unconditional) (IRS Business Master File) IRS data ↗
- Tax-deductible donations
- Yes: listed in IRS Publication 78 (public charity) Pub 78 ↗
- Foundation status
- Public charity supported by the public (170(b)(1)(a)(vi))
- Cross-check
- ProPublica Nonprofit Explorer
Mission
PROVIDE EARLY STAGE ENTREPRENEURS FROM NORTHERN CALIFORNIA WITH ACCESS TO CAPACITY BUILDING PROGRAMS, AND A COMMUNITY OF EXPERT RESOURCES TO SUPPORT THE GROWTH AND SUCCESS OF THEIR COMPANIES
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
2 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Monique Brown | PRESIDENT | 2021-2025 | $34,385 | $459,693 | 1 |
| Mehrshad Mansouri | MANAGING DIRECTOR | 2025 | $119,039 | $119,039 | 1 |
Officers and directors, no compensation reported
3 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Mark Haney | OFFICER | 2021-2025 | 5 | $0 reported | 1 |
| Bill Thomasmeyer | SECRETARY TREASURER | 2025 | 5 | $0 reported | 1 |
| Rick Spencer (former) | TREASURER | 2021-2024 | 5 | $0 reported | 1 |
People by year
2025 · 4 people listed · 2 paid, $153K · 3 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MEHRSHAD MANSOURI | MANAGING DIRECTOR | 40 | $119,039 | $0 | $0 | $119,039 | 1 |
| MONIQUE BROWN | PRESIDENT | 40 | $34,385 | $0 | $0 | $34,385 | 1 |
| MARK HANEY | OFFICER | 5 | $0 | $0 | $0 | $0 | 1 |
| BILL THOMASMEYER | SECRETARY TREASURER | 5 | $0 | $0 | $0 | $0 | 1 |
2024 · 3 people listed · 1 paid, $150K · 9 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MONIQUE BROWN | MANAGING DIRECTOR | 40 | $150,000 | $0 | $0 | $150,000 | 1 |
| MARK HANEY | PRESIDENT | 5 | $0 | $0 | $0 | $0 | 1 |
| RICK SPENCER | TREASURER | 5 | $0 | $0 | $0 | $0 | 1 |
2023 · 3 people listed · 1 paid, $150K · 10 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MONIQUE BROWN | SECRETARY | 40 | $150,000 | $0 | $0 | $150,000 | 1 |
| MARK HANEY | PRESIDENT | 5 | $0 | $0 | $0 | $0 | 1 |
| RICK SPENCER | TREASURER | 5 | $0 | $0 | $0 | $0 | 1 |
2022 · 3 people listed · 1 paid, $125K · 5 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MONIQUE BROWN | SECRETARY | 40 | $125,308 | $0 | $0 | $125,308 | 1 |
| MARK HANEY | PRESIDENT | 5 | $0 | $0 | $0 | $0 | 1 |
| RICK SPENCER | TREASURER | 5 | $0 | $0 | $0 | $0 | 1 |
2021 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MARK HANEY | PRESIDENT | 5 | $0 | - | $0 | $0 | 1 |
| RICK SPENCER | TREASURER | 5 | $0 | - | $0 | $0 | 1 |
| MONIQUE BROWN | SECRETARY | 5 | $0 | - | $0 | $0 | 1 |
Highest-paid independent contractors
No independent contractors reported.
Who the money went to
Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.
2024 · 7 grants to organizations · $180K
Listed grants add up to $180,075; the return's “grants paid” expense line says $217,685. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.
2023 · 2 grants to organizations · $14K
Listed grants add up to $14,322; the return's “grants paid” expense line says $51,051. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.
Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2025 · Form 990 | ||||||||
| $497,298 | $385,476 | $264,065 | $245,363 | $340,199 | $157,099 | $153,424 | 3 | 0 |
| 2024 · Form 990 | ||||||||
| $957,609 | $1,027,075 | $145,730 | $133,541 | $739,134 | $218,475 | $150,000 | 9 | 0 |
| 2023 · Form 990 | ||||||||
| $855,922 | $720,567 | $218,378 | $203,007 | $700,779 | $155,143 | $150,000 | 10 | - |
| 2022 · Form 990 | ||||||||
| $431,273 | $369,621 | $86,921 | $67,652 | $321,863 | $109,410 | $125,308 | 5 | - |
| 2021 · Form 990EZ | ||||||||
| $6,000 | - | $6,000 | $6,000 | $6,000 | - | - | - | - |
Funders of this organization
1 grantor reported grants to this organization, $75,000 in all, tax years 2023 to 2024. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV
| Grantor | Type | Match | Years given | Grants | Total | Latest year | Latest year's amount | Grants |
|---|---|---|---|---|---|---|---|---|
| MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC | DAF sponsor | Exact | 2023-2024 | 2 | $75,000 | 2024 | $25,000 | show |
Similar organizations
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| CAPITAL REGION FAMILY BUSINESSCENTER | CA | S43 | $329,687 | $321,559 | PRESIDENT | $0 | Same NTEE code S43, revenue within 2x, same state |
| ENTREPRENEUR EDUCATIONAL CENTER | CA | S43 | $262,622 | $1,594,526 | EXEC DIRECTOR | $192,044 | Same NTEE code S43, revenue within 2x, same state |
| TALKING TREE INC | CA | S43 | $426,820 | $407,270 | Executive Director | $0 | Same NTEE code S43, revenue within 2x, same state |
| TIE FOUNDATION | CA | S43 | $359,982 | $234,379 | Chairman | $0 | Same NTEE code S43, revenue within 2x, same state |
| STARTUP SAN DIEGO | CA | S43 | $272,131 | $272,070 | DIRECTOR | $0 | Same NTEE code S43, revenue within 2x, same state |
| WEST CONTRA COSTA BUSINESS DEVELOPMENT CENTER | CA | S43 | $358,065 | $306,188 | President | $0 | Same NTEE code S43, revenue within 2x, same state |
| NONPROFIT SOLUTIONS | CA | S43 | $610,393 | $454,257 | Fomer Executive Director | $73,669 | Same NTEE code S43, revenue within 2x, same state |
| NATIONAL LATINA BUSINESS WOMEN ASSO CIATION - IE INSTITUTE | CA | S43 | $253,923 | $317,105 | Exec Director | $76,601 | Same NTEE code S43, revenue within 2x, same state |
| ALABAMA CAPITAL NETWORK INC | AL | S43 | $374,507 | $349,999 | Executive Officer | $165,584 | Same NTEE code S43, revenue within 2x, similar mission |
| BOOMIN UNIVERSITY | TN | S43 | $455,664 | $704,869 | Board Member | $36,538 | Same NTEE code S43, revenue within 2x, similar mission |
| GROWCO COLUMBIA INC | SC | S43 | $367,881 | $309,276 | EXECUTIVE DIRECTOR | $101,778 | Same NTEE code S43, revenue within 2x |
| FUND 17 | LA | S43 | $255,460 | $168,982 | President | $0 | Same NTEE code S43, revenue within 2x |
| VETERANS ENTERPRISE TRAINING & SERVICES GROUP INC | DC | S43 | $409,060 | $349,860 | BOARD/CHAIRMAN | $50,701 | Same NTEE code S43, revenue within 2x |
| EXPONENTIAL IMPACT | CO | S43 | $832,992 | $842,665 | Executive Director | $110,126 | Same NTEE code S43, revenue within 2x |
| WAREHOUSE BUSINESS ACCELERATOR | CO | S43 | $411,281 | $318,890 | Executive Dir. | $87,976 | Same NTEE code S43, revenue within 2x |
| THREE SEED COLLECTIVE | GA | S43 | $620,954 | $396,127 | President | $36,038 | Same NTEE code S43, revenue within 2x |
| DREAM VENTURE LABS | MA | S43 | $456,434 | $435,414 | PRESIDENT/EXECUTIVE DIRECTOR | $17,962 | Same NTEE code S43, revenue within 2x |
| WOMEN OF COLOR ENTREPRENEURS INC | MA | S43 | $255,230 | $213,712 | EXECUTIVE DIRECTOR | $85,938 | Same NTEE code S43, revenue within 2x |
| BETA GROUP | MN | S43 | $489,970 | $394,548 | Executive Director | $105,664 | Same NTEE code S43, revenue within 2x |
| NEW ORLEANS STARTUP FUND INC | LA | S43 | $815,290 | $747,948 | PRESIDENT/CEO | $241,807 | Same NTEE code S43, revenue within 2x |
| LATINO FOUNDERS | OR | S43 | $271,580 | $75,634 | PRESIDENT | $0 | Same NTEE code S43, revenue within 2x |
| COLLIDER FOUNDATION | MN | S43 | $415,516 | $377,811 | SECRETARY | $0 | Same NTEE code S43, revenue within 2x |
| FORWARD PROGRESSION DEVELOPMENT INC | MS | S43 | $425,500 | $369,600 | Director-President | $115,200 | Same NTEE code S43, revenue within 2x |
| EARLY STAGE MONTANA | MT | S43 | $300,737 | $218,423 | EXECUTIVE DIR | $0 | Same NTEE code S43, revenue within 2x |
| COMPASS CBS FOUNDATION | AZ | S43 | $339,603 | $297,008 | PRESIDENT | $0 | Same NTEE code S43, revenue within 2x |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2025 · Form 990 · $385,476 spent · pay $191,345 · grants $3,400 · events $21,575
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Other salaries and wages | $166,621 | $166,621 | - | - | 43.2% | |
| Occupancy | $47,825 | $47,825 | - | - | 12.4% | |
| Fees: management | $39,309 | $39,309 | - | - | 10.2% | |
| Other (as described) | PROGRAM FULLFILLMENT EX | $29,348 | $29,348 | - | - | 7.6% |
| Other (as described) Event | EVENT EXPENSES | $21,575 | $21,575 | - | - | 5.6% |
| Fees: accounting | $16,150 | $16,150 | - | - | 4.2% | |
| Office expenses | $13,063 | $13,063 | - | - | 3.4% | |
| Payroll taxes | $12,956 | $12,956 | - | - | 3.4% | |
| Other employee benefits | $11,768 | $11,768 | - | - | 3.1% | |
| Information technology | $11,710 | $11,710 | - | - | 3.0% | |
| Insurance | $8,607 | $8,607 | - | - | 2.2% | |
| Grants to US organizations and governments | $3,400 | $3,400 | - | - | 0.9% | |
| Travel | $1,666 | $1,666 | - | - | 0.4% | |
| Other (as described) | MEMBERSHIP & SUBSCRIPTI | $1,030 | $1,030 | - | - | 0.3% |
| All other expenses | $249 | $249 | - | - | 0.1% | |
| Other (as described) | SHIPPING | $199 | $199 | - | - | 0.1% |
| Total | $385,476 | 100% |
2024 · Form 990 · $1,027,075 spent · pay $272,575 · grants $217,685 · events $232,081
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Other salaries and wages | $243,572 | $243,572 | - | - | 23.7% | |
| Other (as described) Event | EVENT EXPENSES | $232,081 | $232,081 | - | - | 22.6% |
| Grants to US organizations and governments | $217,685 | $217,685 | - | - | 21.2% | |
| Other (as described) | PROGRAM FULLFILLMENT EX | $177,142 | $177,142 | - | - | 17.2% |
| Occupancy | $46,524 | $46,524 | - | - | 4.5% | |
| Payroll taxes | $21,321 | $21,321 | - | - | 2.1% | |
| Fees: accounting | $21,205 | $21,205 | - | - | 2.1% | |
| Information technology | $18,038 | $18,038 | - | - | 1.8% | |
| Fees: management | $12,528 | $12,528 | - | - | 1.2% | |
| Insurance | $8,884 | $8,884 | - | - | 0.9% | |
| Other employee benefits | $7,682 | $7,682 | - | - | 0.7% | |
| Travel | $6,733 | $6,733 | - | - | 0.7% | |
| All other expenses | $4,353 | $4,353 | - | - | 0.4% | |
| Office expenses | $3,381 | $3,381 | - | - | 0.3% | |
| Other (as described) | MEMBERSHIP & SUBSCRIPTI | $3,325 | $3,325 | - | - | 0.3% |
| Other (as described) | PROPERTY TAX | $2,621 | $2,621 | - | - | 0.3% |
| Total | $1,027,075 | 100% |
2023 · Form 990 · $720,567 spent · pay $243,243 · grants $51,051 · events $174,722
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Conferences, conventions and meetings | $174,722 | $174,722 | - | - | 24.2% | |
| Pay: officers, directors, trustees, key employees | $150,000 | $150,000 | - | - | 20.8% | |
| Fees: other services | $98,433 | $98,433 | - | - | 13.7% | |
| Other salaries and wages | $71,010 | $71,010 | - | - | 9.9% | |
| Grants to US organizations and governments | $51,051 | $51,051 | - | - | 7.1% | |
| Occupancy | $36,416 | $36,416 | - | - | 5.1% | |
| Fees: management | $34,363 | $34,363 | - | - | 4.8% | |
| Advertising and promotion | $23,172 | $23,172 | - | - | 3.2% | |
| Payroll taxes | $17,987 | $17,987 | - | - | 2.5% | |
| Insurance | $8,925 | $8,925 | - | - | 1.2% | |
| Office expenses | $8,292 | $6,491 | $1,801 | - | 1.2% | |
| Fees: accounting | $6,488 | $6,488 | - | - | 0.9% | |
| Travel | $6,190 | $6,190 | - | - | 0.9% | |
| Information technology | $5,733 | $5,733 | - | - | 0.8% | |
| Other (as described) | OTHER EXPENSES | $5,725 | $5,725 | - | - | 0.8% |
| Other (as described) | BAD DEBT | $5,500 | $5,500 | - | - | 0.8% |
| Other (as described) | PERSONNEL TRAINING EXPENS | $5,000 | $5,000 | - | - | 0.7% |
| Other employee benefits | $4,246 | $4,246 | - | - | 0.6% | |
| Other (as described) | QUICKBOOKS PAYMENTS FEES | $3,300 | $3,300 | - | - | 0.5% |
| All other expenses | $3,214 | $3,214 | - | - | 0.4% | |
| Fees: legal | $800 | $800 | - | - | 0.1% | |
| Total | $720,567 | 100% |
2022 · Form 990 · $369,621 spent · pay $165,051 · grants $0 · events $69,282
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Pay: officers, directors, trustees, key employees | $125,308 | $125,308 | - | - | 33.9% | |
| Conferences, conventions and meetings | $69,282 | $69,282 | - | - | 18.7% | |
| Fees: other services | $58,286 | $58,286 | - | - | 15.8% | |
| Other salaries and wages | $26,954 | $26,954 | - | - | 7.3% | |
| Office expenses | $24,807 | $1,736 | $23,071 | - | 6.7% | |
| Advertising and promotion | $17,934 | $17,934 | - | - | 4.9% | |
| Payroll taxes | $12,789 | $12,789 | - | - | 3.5% | |
| Occupancy | $11,704 | $11,704 | - | - | 3.2% | |
| Information technology | $9,925 | $9,925 | - | - | 2.7% | |
| Travel | $5,012 | $5,012 | - | - | 1.4% | |
| Other (as described) | MEMBERSHIPS & SUBSCRIPTIO | $4,028 | $4,028 | - | - | 1.1% |
| Other (as described) | PERSONNEL TRAINING EXPENS | $1,850 | $1,850 | - | - | 0.5% |
| Other (as described) | SUPPLIES & MATERIALS | $967 | $967 | - | - | 0.3% |
| Other (as described) | QUICKBOOKS PAYMENTS FEES | $775 | $775 | - | - | 0.2% |
| Total | $369,621 | 100% |
Federal grants and contracts
Awards from USAspending.gov to a recipient with this organization's name and zip code. Obligations by federal fiscal year (October to September); each award links to its page on usaspending.gov.
| Fiscal year | Grants and other assistance | Contracts | Awards |
|---|---|---|---|
| 2025 | $75,000 | $0 | 1 |
Largest awards · 1 shown
| Year | Agency | Kind | Program | Description | Obligated |
|---|---|---|---|---|---|
| 2025 | Small Business Administration | Grant or other assistance | GROWTH ACCELERATOR FUND COMPETITION 59.065 | AWARDTYPE: DIRECT PAYMENT FOR SPECIFIED USE ACTIVITIES TO BE PERFORMED: PRIZES FOR ACCELERATORS OR INCUBATORS WHO ASSIST STEM/R&D STARTUPS TRANSITIONING INTO TH | $75,000 |
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