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Delaware · Nonprofit

GROWTH TEAMS INC

GROWTH TEAMS INC (Delaware) receives grants from 4 organizations whose IRS filings report $467,500 to it, the largest being THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION ($150,000). 0 of them have funded it in more than one year.

Revenue FY2024
$306k
Funders on record
4
Grants received
$468k
Net assets
$151k
0/4 repeat funderspeak grant-dependency 63%
01What it does

What Growth Teams Inc does

Mission

To facilitate governments to problem solve for economic growth, to support developing country governments to translate on-paper research and policy ideas into real action.

As stated on its FY2024 Form 990.

Programs

On its FY2025 return the organization reported a significant change in how it conducts a program.

Growth teams is planning the growth summit in 2026, a three-day event for policymakers, academics, practitioners, and funders to reassert economic growth as a central pillar of the development agenda. The organization received restricted funding in 2025 that will be expended in 2026 in connection with this program.

Its own explanation, from Schedule O of that return (Part III, line 3).

  1. Accelerating economic growth in tanzania - in tanzania, growth teams supported the planning commission and the tanzania investment centre to design strategies and take actions that drive job creation and economic growth. In 2024, this work focused on inputs to the national development strategy, sector prioritization and investment attraction.

    $87,742 spent$160,597 earned by the program
    26% of program spending
  2. Other programs

    $246,553 spent$73,934 earned by the program
    74% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $334,295.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($357k) Expenses 100 ($51k) Net assets 100 ($306k)2023 Revenue 14 ($51k) Expenses 312 ($159k) Net assets 65 ($198k)2024 Revenue 86 ($306k) Expenses 694 ($353k) Net assets 49 ($151k)
202220232024
Revenue (86)Expenses (694)Net assets (49)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $306k to $198k (−35%).

$306k
$198k
$151k
202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
ContributionsProgram revenueInvestmentOther

80% of GROWTH TEAMS INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 4,945 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 reported years ran a deficit.

$306k
’22
−$108k
’23
−$47k
’24
5.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20222024
Listed33
Joined··
No longer listed··
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GROWTH TEAMS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GROWTH TEAMS INC leans on a few funders — its largest provides 32% of grant income and the top three 84%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

47% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GROWTH TEAMS INC.

32%
largest funder
84%
top three
~4
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

GROWTH TEAMS INC draws 100% of its grant income from funders outside Delaware, across 2 states in all.

NY
CA

Funder states come from each funder’s own filing. $143k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

GROWTH TEAMS INC is better cushioned than half of the 4,524 international nonprofits its size.

Operating margin−15% · bottom quartile
Months of reserve5.1mo · above the median
Revenue growth (annualized)−7% · bottom quartile

this organization peer median middle 50% of peers· 4,524 international nonprofits $100k–$1M, FY2024

Organizations like GROWTH TEAMS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Delaware

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

83% of spending goes to programs.

Program 83%Management 17%Fundraising 0%

Governance

3
board members
33%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for GROWTH TEAMS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GROWTH TEAMS INC?
GROWTH TEAMS INC (Delaware) receives grants from 4 organizations whose IRS filings report $467,500 to it, the largest being THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION ($150,000). 0 of them have funded it in more than one year.
How many funders does GROWTH TEAMS INC have?
IRS filings report 4 organizations giving $467,500 in grants to GROWTH TEAMS INC.
Who is the largest funder of GROWTH TEAMS INC?
THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION is the largest funder on record, with $150,000 in grants. The full list of funders is on this page.
How can an organization like GROWTH TEAMS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Delaware. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Growth Teams →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing