Grow Hays
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO RETAIN & ATTRACT EMPLOYMENT AND INVESTMENTS IN A DIVERSIFIED LOCAL ECONOMY CONSISTENT WITH COMMUNITY ECONOMIC DEVELOPMENT PRIORITIES. SEEK FUNDING THROUGH FEDERAL, STATE, AND FOUNDATION GRANTS TO CREATE TRAINING PROGRAMS AND FACILITIES TO MEET INDUSTRY NEEDS FOR SKILLED WORKERS TO TRAIN UNDEREMPLOYED AND UNEMPLOYED INDIVIDUALS; SERVE AS A CATALYST TO ATTRACT PRIVATE INVESTMENT TO DEVELOP AFFORDABLE HOUSING; FOSTER EDUCATION RESEARCH IN AREAS OF AGRICULTURE SCIENCE, BIOSCIENCE, AND ALTERNATIVE ENERGY; AND DEVELOP PROGRAMS CONSISTENT WITH THE GOAL OF PREVENTING COMMUNITY DETERIORATION. THE ORGANIZATION IS COMMITTED TO ENSURING ECONOMIC VITALITY & INNOVATION TO ENHANCE THE COMMUNITY & QUALITY OF LIFE FOR CITIZENS OF HAYS AND THE SURROUNDING COMMUNITIES.
- Income
- $4.7 million
- Spending
- $733,205
- Spent on programs
- 85%
- Reserves
- 3.6 months of spending
- Largest source of income
- government grants, 86%
- Employees
- 4
- Volunteers
- 13
- Highest pay
- $174,976, executive dir.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 67% of charities in its peer group (community improvement, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 3.6 months of spending.
Debt
20 of 20It owes 12% of what it owns.
Living within its means
15 of 15Income exceeded spending by 84% of income.
Income trend
15 of 15Income rose 63% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 70 out of 100. Higher than 20% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 2513 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $624,127 spent. THE ORGANIZATION IS COMMITTED TO ENSURING ECONOMIC VITALITY & INNOVATION TO ENHANCE THE COMMUNITY & QUALITY OF LIFE FOR CITIZENS OF HAYS AND THE SURROUNDING COMMUNITIES. IT HELPS HAYS AND THE SURROUNDING COMMUNITIES WITH BUSINESS EXPANSION/RETENTION, BUSINESS RECRUITMENT, ENTREPRENEURISM & MARKETING. THE ORGANIZATION SEEKS FUNDING THROUGH FEDERAL, STATE, AND FOUNDATION GRANTS TO CREATE TRAINING PROGRAMS AND FACILITIES TO MEET INDUSTRY NEEDS FOR SKILLED WORKERS AND TO TRAIN UNDEREMPLOYED AND UNEMPLOYED INDIVIDUALS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.