GROWTH FACTORY

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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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Monique Brown PRESIDENT2021-2025 $34,385$459,693 1
Mehrshad Mansouri MANAGING DIRECTOR2025 $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.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Mark Haney OFFICER2021-2025 5 $0 reported 1
Bill Thomasmeyer SECRETARY TREASURER2025 5 $0 reported 1
Rick Spencer (former) TREASURER2021-2024 5 $0 reported 1

People by year

2025 · 4 people listed · 2 paid, $153K · 3 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MEHRSHAD MANSOURI MANAGING DIRECTOR40 $119,039$0$0 $119,0391
MONIQUE BROWN PRESIDENT40 $34,385$0$0 $34,3851
MARK HANEY OFFICER5 $0$0$0 $01
BILL THOMASMEYER SECRETARY TREASURER5 $0$0$0 $01
2024 · 3 people listed · 1 paid, $150K · 9 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MONIQUE BROWN MANAGING DIRECTOR40 $150,000$0$0 $150,0001
MARK HANEY PRESIDENT5 $0$0$0 $01
RICK SPENCER TREASURER5 $0$0$0 $01
2023 · 3 people listed · 1 paid, $150K · 10 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MONIQUE BROWN SECRETARY40 $150,000$0$0 $150,0001
MARK HANEY PRESIDENT5 $0$0$0 $01
RICK SPENCER TREASURER5 $0$0$0 $01
2022 · 3 people listed · 1 paid, $125K · 5 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MONIQUE BROWN SECRETARY40 $125,308$0$0 $125,3081
MARK HANEY PRESIDENT5 $0$0$0 $01
RICK SPENCER TREASURER5 $0$0$0 $01
2021 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MARK HANEY PRESIDENT5 $0-$0 $01
RICK SPENCER TREASURER5 $0-$0 $01
MONIQUE BROWN SECRETARY5 $0-$0 $01

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.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2025 · Form 990 period ending 2025-12-31 · view filing · original 990 ↗
$497,298$385,476 $264,065$245,363 $340,199$157,099 $153,42430
2024 · Form 990 period ending 2024-12-31 · view filing · original 990 ↗
$957,609$1,027,075 $145,730$133,541 $739,134$218,475 $150,00090
2023 · Form 990 period ending 2023-12-31 · view filing · original 990 ↗
$855,922$720,567 $218,378$203,007 $700,779$155,143 $150,00010-
2022 · Form 990 period ending 2022-12-31 · view filing · original 990 ↗
$431,273$369,621 $86,921$67,652 $321,863$109,410 $125,3085-
2021 · Form 990EZ period ending 2021-12-31 · view filing · original 990 ↗
$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

GrantorTypeMatchYears givenGrantsTotalLatest yearLatest year's amountGrants
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)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
CAPITAL REGION FAMILY BUSINESSCENTERCAS43 $329,687$321,559 PRESIDENT$0 Same NTEE code S43, revenue within 2x, same state
ENTREPRENEUR EDUCATIONAL CENTERCAS43 $262,622$1,594,526 EXEC DIRECTOR$192,044 Same NTEE code S43, revenue within 2x, same state
TALKING TREE INCCAS43 $426,820$407,270 Executive Director$0 Same NTEE code S43, revenue within 2x, same state
TIE FOUNDATIONCAS43 $359,982$234,379 Chairman$0 Same NTEE code S43, revenue within 2x, same state
STARTUP SAN DIEGOCAS43 $272,131$272,070 DIRECTOR$0 Same NTEE code S43, revenue within 2x, same state
WEST CONTRA COSTA BUSINESS DEVELOPMENT CENTERCAS43 $358,065$306,188 President$0 Same NTEE code S43, revenue within 2x, same state
NONPROFIT SOLUTIONSCAS43 $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 INSTITUTECAS43 $253,923$317,105 Exec Director$76,601 Same NTEE code S43, revenue within 2x, same state
ALABAMA CAPITAL NETWORK INCALS43 $374,507$349,999 Executive Officer$165,584 Same NTEE code S43, revenue within 2x, similar mission
BOOMIN UNIVERSITYTNS43 $455,664$704,869 Board Member$36,538 Same NTEE code S43, revenue within 2x, similar mission
GROWCO COLUMBIA INCSCS43 $367,881$309,276 EXECUTIVE DIRECTOR$101,778 Same NTEE code S43, revenue within 2x
FUND 17LAS43 $255,460$168,982 President$0 Same NTEE code S43, revenue within 2x
VETERANS ENTERPRISE TRAINING & SERVICES GROUP INCDCS43 $409,060$349,860 BOARD/CHAIRMAN$50,701 Same NTEE code S43, revenue within 2x
EXPONENTIAL IMPACTCOS43 $832,992$842,665 Executive Director$110,126 Same NTEE code S43, revenue within 2x
WAREHOUSE BUSINESS ACCELERATORCOS43 $411,281$318,890 Executive Dir.$87,976 Same NTEE code S43, revenue within 2x
THREE SEED COLLECTIVEGAS43 $620,954$396,127 President$36,038 Same NTEE code S43, revenue within 2x
DREAM VENTURE LABSMAS43 $456,434$435,414 PRESIDENT/EXECUTIVE DIRECTOR$17,962 Same NTEE code S43, revenue within 2x
WOMEN OF COLOR ENTREPRENEURS INCMAS43 $255,230$213,712 EXECUTIVE DIRECTOR$85,938 Same NTEE code S43, revenue within 2x
BETA GROUPMNS43 $489,970$394,548 Executive Director$105,664 Same NTEE code S43, revenue within 2x
NEW ORLEANS STARTUP FUND INCLAS43 $815,290$747,948 PRESIDENT/CEO$241,807 Same NTEE code S43, revenue within 2x
LATINO FOUNDERSORS43 $271,580$75,634 PRESIDENT$0 Same NTEE code S43, revenue within 2x
COLLIDER FOUNDATIONMNS43 $415,516$377,811 SECRETARY$0 Same NTEE code S43, revenue within 2x
FORWARD PROGRESSION DEVELOPMENT INCMSS43 $425,500$369,600 Director-President$115,200 Same NTEE code S43, revenue within 2x
EARLY STAGE MONTANAMTS43 $300,737$218,423 EXECUTIVE DIR$0 Same NTEE code S43, revenue within 2x
COMPASS CBS FOUNDATIONAZS43 $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).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
W K KELLOGG FOUNDATION Private foundation$1,350,00011 22015–2024 NEW ORLEANS STARTUP FUND INC; FUND 17
JPMORGAN CHASE FOUNDATION Private foundation$1,072,79211 72010–2025 COMMONWISE EDUCATION INC; HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION; NEW ORLEANS STARTUP FUND INC; AB COMMUNITY and 3 more
The Kendeda Fund Private foundation$1,025,0006 12020–2023 COMMONWISE EDUCATION INC
THE GRACE AND MERCY FOUNDATION INC Private foundation$950,0007 12014–2024 MANGO FUND INC
AMERICAN ONLINE GIVING FOUNDATION INC DAF sponsor$891,83312 62019–2025 WYOMING WOMENS BUSINESS CENTER; VETERANS ENTERPRISE TRAINING & SERVICES GROUP INC; TIE FOUNDATION; EARLY STAGE MONTANA and 2 more
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor$831,48320 102017–2024 MANGO FUND INC; TIE FOUNDATION; LINDENPOINTE DEVELOPMENT CORPORATION; FAMILY BUSINESS NETWORK USA INC and 6 more
THE GREATER NEW ORLEANS FOUNDATION DAF sponsor$797,54417 22011–2023 NEW ORLEANS STARTUP FUND INC; FUND 17
ANNIE E CASEY FOUNDATION Private foundation$750,0006 22019–2024 HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION; THREE SEED COLLECTIVE
HUTCHINSON COMMUNITY FOUNDATION DAF sponsor$672,4937 12011–2024 STARTUP HUTCH INC
PIKES PEAK COMMUNITY FOUNDATION DAF sponsor$671,7843 12020–2024 EXPONENTIAL IMPACT
JOHN S AND JAMES L KNIGHT FOUNDATION INC Private foundation$600,0001 12015–2015 NEW ORLEANS STARTUP FUND INC
MARGARET M WALKER CHARITABLE FOUNDATION Private foundation$597,0008 12016–2025 LINDENPOINTE DEVELOPMENT CORPORATION
BANK OF AMERICA CHARITABLE FOUNDATION INC Private foundation$595,60726 62012–2023 IOWA COMMUNITY CAPITAL; LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC; MAINESTREAM FINANCE; WOMENS VENTURE FUND INC and 2 more
THE ABELL FOUNDATION INC Private foundation$565,0004 12020–2022 EMERGING TECHNOLOGY CENTERS INC
JUDD LEIGHTON FOUNDATION INC Private foundation$500,0002 12021–2023 CDFI FRIENDLY SOUTH BEND

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
LineAs describedTotalProgramManagementFundraisingShare
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) EventEVENT 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$385,476100%

View the filing

2024 · Form 990 · $1,027,075 spent · pay $272,575 · grants $217,685 · events $232,081
LineAs describedTotalProgramManagementFundraisingShare
Other salaries and wages $243,572$243,572-- 23.7%
Other (as described) EventEVENT 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$1,027,075100%

View the filing

2023 · Form 990 · $720,567 spent · pay $243,243 · grants $51,051 · events $174,722
LineAs describedTotalProgramManagementFundraisingShare
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$720,567100%

View the filing

2022 · Form 990 · $369,621 spent · pay $165,051 · grants $0 · events $69,282
LineAs describedTotalProgramManagementFundraisingShare
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$369,621100%

View the filing

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 yearGrants and other assistanceContractsAwards
2025$75,000$01
Largest awards · 1 shown
YearAgencyKindProgramDescriptionObligated
2025Small Business AdministrationGrant or other assistanceGROWTH ACCELERATOR FUND COMPETITION 59.065AWARDTYPE: 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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