NonprofitsGrowth Opportunity Partners Inc

Community Improvement & Capacity Building

Growth Opportunity Partners Inc

CLEVELAND, OH

Total revenue

$1.2M

Total expenses

$2.7M

Net assets

Grants received

$6.3M

15 grants

EIN

474257622

Tax year

2024

Mission

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.

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue$38K
Investment income$44K
Other revenue$2K
Total revenue$1.2M

Expenses

Grants paid$340K
Salaries & benefits$1.1M
Fundraising
Other expenses$1.3M
Total expenses$2.7M
Total assets$2.9M
Net assets

People

7 listed

NameRoleCompensation

MICHAEL JEANS

PRESIDENT/CHIEF EXECUTIVE

Board

65 hrs/wk

NDEDA LETSON

CHAIR OF THE BOARD

Board

7 hrs/wk

SHEILA WRIGHT

VICE CHAIR

Board

2 hrs/wk

RICHARD JANKURA

TREASURER

Board

2 hrs/wk

DONET GRAVES

DIRECTOR

Board

2 hrs/wk

MARCUS GLANTON

CHIEF OPERATING OFFICER

Board

40 hrs/wk

JEFFREY CLAWSON

CHIEF CREDIT OFFICER

Board

40 hrs/wk

Independent contractors

QM CONSULTING SERVICES LLC

EXECUTIVE CONSULTING SERVICES

$180K

CLE PM LLC

RENT

$133K

Grants received

Showing 15 of 15

FromAmountPurposeYear
$500K
GENERAL OPERATING SUPPORT
2024
$250K
ENVIRONMENTAL PROGRAMS
2024
$250
MATCHING GIFTS
2024
$500K
TO CREATE A FUND THAT AIMS TO FOSTER EQUITABLE ECONOMIC GROWTH IN UNDERSERVED OHIO COMMUNITIES BY OFFERING CREDIT ENHANCEMENT THROUGH CASH COLLATERAL LOAN GUARANTEES
2023
$250K
General support for programs, operations and other charitable purposes
2023
$1M
Operating support.
2022
$397K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2022
$15K
CONSERVATION
2022
$500
Matching Gifts
2022
$1M
ECONOMIC DEVELOPMENT
2021
$1.3M
Cleveland Community Solar.
2020
$100K
Cuyahoga County Clean Energy Fund.
2020
$500K
ECONOMIC DEVELOPMENT
2019
$75K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2018
$500K
ECONOMIC DEVELOPMENT
2017

Funded by

$6.3M from 11 funders · 15 grants · 2017–2024

The George Gund Foundation

$2.4M · 3 grants · 2020–2022

Jumpstart Inc

$2M · 3 grants · 2017–2021

Rf Catalytic Capital Inc

$500K · 1 grant · 2024

Burton D Morgan Foundation Inc

$500K · 1 grant · 2023

United States Energy Foundation

$397K · 1 grant · 2022

New Venture Fund

$250K · 1 grant · 2024

The Chicago Community Trust

$250K · 1 grant · 2023

Jpmorgan Chase Foundation

$75K · 1 grant · 2018

Details

EIN474257622
NTEE codeS02
Subsection03
Ruling date2016-01
Formed2015
Employees0
Volunteers4
GROWTH OPPORTUNITY PARTNERS INC — Mission, Financials & Grants Received | Grantivo