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Nonprofit · EIN 61-1999178

GROWTH FACTORY

Tax-exempt · ROCKLIN, CA 95677

Financials

$856K$721K2023$958K$1M2024$497K$385K2025
Revenue Expenses · by fiscal year end
Financials of GROWTH FACTORY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$497,298$385,476$111,822$264,065$18,702$245,363
December 31, 2024990$957,609$1,027,075-$69,466$145,730$12,189$133,541
December 31, 2023990$855,922$720,567$135,355$218,378$15,371$203,007
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$340,199
Program service revenue
$157,099
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$3,400
Other salaries and wages
$166,621
Salaries, compensation and benefits (total)
$191,345
Professional fundraising fees
$0
Accounting fees
$16,150
Occupancy
$47,825
Travel
$1,666
Program services (functional)
$385,476

Balance sheet and other

Total assets, start of year
$145,730
Total assets, end of year
$264,065
Total liabilities, end of year
$18,702
Net assets, end of year
$245,363
Gross receipts
$497,298
Employees
3
Volunteers
0
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MEHRSHAD MANSOURIMANAGING DIRECTOR
Highest-paid employee
40$119,039
MONIQUE BROWNPRESIDENT
Officer
40$34,385
MARK HANEYOFFICER
Officer
5$0
BILL THOMASMEYERSECRETARY TREASURER
Officer
5$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
MONIQUE BROWNMANAGING DIRECTOR
Officer
40$150,000
MARK HANEYPRESIDENT
Officer
5$0
RICK SPENCERTREASURER
Officer
5$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MONIQUE BROWNSECRETARY
Officer
40$150,000
MARK HANEYPRESIDENT
Officer
5$0
RICK SPENCERTREASURER
Officer
5$0

Address and contacts

Address (IRS master file)
4465 GRANITE DR, ROCKLIN, CA 95677-2143
Principal officer (990 for 2025)
MONIQUE BROWN, 4465 GRANITE DRIVE SUITE 700, ROCKLIN, CA 95677
Signed the 990
MONIQUE BROWN, PRESIDENT
Phone
(925) 323-9351
Return prepared by
TAYLOR PACHECO GETZ

California records

California keeps its own records of charities and corporations. Search them by EIN 61-1999178 or by the name GROWTH FACTORY.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

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

990 for the year ended December 31, 2025

Program accomplishments

  • THE CITY OF ROSEVILLE AND THE GROWTH FACTORY DESIGNED PROGRAMS AND SERVICES TO ACTIVATE DOWNTOWN ROSEVILLE - LOCATED IN AN OPPORTUNITY ZONE - AND TO SUPPORT THE GROWTH OF INNOVATIVE STARTUPS AND SMALL BUSINESSES IN THE CITY AND THE BROADER REGION. IN 2025, WE STRENGTHENED OUR RELATIONSHIP WITH THE CITY BY CONTINUING TO ATTRACT THOUSANDS OF PEOPLE TO THE DOWNTOWN SPACE FOR EVENTS, PROGRAMS AND DROP-IN COWORKING. WE'VE ALSO CONTINUED TO PARTNER WITH OVER 20 LOCAL ORGANIZATIONS AND NONPROFITS TO MAKE THE SPACE AVAILABLE FOR EVENTS LIKE WOMEN IN TECH NETWORKING, THE WESTERN PLACER WASTE MANAGEMENT PITCH SHOWCASE, 1 MILLION CUPS, BEATS LYRICS LEADERS YOUTH ENTREPRENEURIAL BOOTCAMP, CREATIVE ECONOMY FORUMS AND MUCH MORE.BUILD UP ROCKLIN, A PROGRAM IN PARTNERSHIP BETWEEN GROWTH FACTORY AND THE CITY OF ROCKLIN, BEGAN PLANNING ITS THIRD COHORT TO BEGIN IN 2026. AFTER SERVICING OVER 20 ROCKLIN-BASED SMALL BUSINESSES OVER THE PREVIOUS TWO COHORTS, THE PROGRAM HAS PROVIDED OVER 300+ HOURS OF SUPPORT VIA WORKSHOPS AND OFFICE HOURS AND $98K IN GRANTS TO 20 COMPANIES.THIS IS GROWTH FACTORY'S 3RD YEAR SERVING AS ENTREPRENEUR-IN-RESIDENCE AT SIERRA COLLEGE WHERE WE HAVE LAUNCHED THE SIERRA IGNITE & EMPOWER MICROGRANT TO SUPPORT STUDENTS IN ADVANCING THEIR BUSINESS IDEAS. TO DATE, WE'VE WORKED WITH OVER 50 STUDENTS AND FACILITATED $25,000 IN MICROGRANT FUNDING FROM THE SIERRA FOUNDATION. EXAMPLES OF OUTPUTS FROM THE PROGRAM INCLUDE A NON-PROFIT SERVICING NEURODIVERGENT ADOLESCENTS, A POP-UP SODA STORE, A FASHION BOUTIQUE SERVICING AMPUTEES, AND VARIOUS INDEPENDENT CONTRACTORS SERVICING THEIR COMMUNITIES, THESE STUDENTS REPRESENT FUTURE BUSINESS LEADERS AND OUR INNOVATIVE WORKFORCE.
    Expenses $385,476

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
61-1999178
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$264,065
Income (IRS master file)
$497,298

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$497,298$385,476$264,065XML
990December 2024$957,609$1,027,075$145,730XML
990December 2023$855,922$720,567$218,378XML
990December 2022$431,273$369,621$86,921IRS
990-EZDecember 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-1999178).

Questions about GROWTH FACTORY

What is the EIN of GROWTH FACTORY?
The employer identification number (EIN) of GROWTH FACTORY is 61-1999178.
Is GROWTH FACTORY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to GROWTH FACTORY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GROWTH FACTORY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GROWTH FACTORY due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GROWTH FACTORY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GROWTH FACTORY?
The 990 for the year ended December 31, 2025 names MONIQUE BROWN.
Who are the officers and directors of GROWTH FACTORY?
The 990 for the year ended December 31, 2025 lists 4 people; 2 received compensation from the organization, the highest $119,039 (MEHRSHAD MANSOURI, MANAGING DIRECTOR).
How much revenue does GROWTH FACTORY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $497,298, expenses of $385,476 and total assets of $264,065 at year end.

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