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CHARITY REVIEW
Issued: February 2024 Expires: February 2026

Growthtrac Ministries

Accredited Charity
Accredited Charity

Meets Standards

66 Grove Ct # 1155
Elgin, IL, 60120-5588

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Growthtrac Ministries meets the 20 Standards for Charity Accountability.

Stated Purpose:
To strengthen marriages by providing life-changing, Christ-centered resources through innovative digital media.

Year, State Incorporated:
2004, IL

To be a national leading force for life-long marriage by:
?Educating through rich Internet content
?Equipping with relevant published material
?Touching and transforming lives through interactive web community
?Encouraging through inspirational radio with music and teaching content

For the year ended December 31, 2023, Growthtrac Ministries's program expenses were:

Program expenses $9,242
Total Program Expenses $9,242

Chief Executive
James Mueller, President

Chair of the Board
Mr. David Herrick, Board Chairperson

Chair's Profession / Business Affiliation

Board Size
5

Paid Staff Size
1

Method(s) Used:
Grant proposals, Internet

% of Related Contributions on Fundraising: 1.65%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Growthtrac Ministries's unaudited financial statements for the year ended December 31, 2023.

Source of Funds
Grants $5,400
Website advertising $3,756
General donations $985
Symbis Marketing $756
Ebook sales $392
Total Income $11,288

Programs: 84% Fundraising: 1% Administrative: 15%

Total Income $11,288
Total expenses: $11,050
  Program expenses $9,242
  Fundraising expenses $105
  Administrative expenses $1,703
  Other expenses $0
Income in Excess of Expenses $238
Beginning Net Assets $774
Other Changes In Net Assets $0
Ending Net Assets $1,012
Total Liabilities $0
Total Assets $1,012

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB of Chicago & Northern Illinois