Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 354,625 | 354,625 | ||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 354,625 | 354,625 | ||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 208,347 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 146,278 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 354,625 | 354,625 | ||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 478,000 | 478,000 | ||||
| 11 | Total support. Add lines 7 through 10 | 832,625 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2019 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2019 |
(iii) Distributable Amount for 2019 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2019 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2019: | ||||
| a From 2014....... | ||||
| b From 2015....... | ||||
| c From 2016....... | ||||
| d From 2017....... | ||||
| e From 2018....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2019 distributable amount | ||||
|
i
Carryover from 2014 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2019 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2019 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2020. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2015..... | ||||
| b Excess from 2016..... | ||||
| c Excess from 2017..... | ||||
| d Excess from 2018..... | ||||
| e Excess from 2019..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: | DESCRIPTION: WEDNESDAY JOURNAL, INC. STOCK AMOUNT: 478000. |
| FORM 990, SCHEDULE A, PART II, LINE 10 | THE AMOUNT SHOWN CONSTITIUTES CONTRIBUTIONS OF WEDNESDAY JOURNAL, INC. STOCK TO GROWING COMMUNITY MEDIA. WEDNESDAY JOURNAL, INC. WAS A FOR PROFIT ENTITY THAT HAS BEEN COMBINED WITH OTHER MEDIA ENTITIES TO FORM GROWING COMMUNITY MEDIA. AS SUCH, THE STOCK WAS VALUED BY AN INDEPENDENT CPA FIRM AND DONATED BY THE SHAREHOLDERS TO GROWING COMMUNITY MEDIA. THESE DONATIONS OF STOCK ARE CONSIDERED AN UNUSUAL GRANT DUE TO THE LARGE VALUE OF THE DONATION AS WELL AS THE NATURE. THIS INCOME IS SHOWN ON PART VIII, LINE 1G. IT IS NOT INCLUDED IN SCHEDULE A, PART II, LINE 1. IT IS UNLIKELY THAT GROWING COMMUNITY MEDIA WILL RECEIVE ANOTHER DONTATION LIKE THIS. |
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Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART V, LINES 1A, 1B, AND 2A | THE FOR PROFIT ENTITY, WEDNESDAY JOURNAL, INC., WAS CLOSED IN 2019 AND THE STOCK WAS TRANSFERED TO GROWING COMMUNITY MEDIA. AS SUCH, EMPLOYEES OF WEDNESDAY JOURNAL, INC. THAT TRANSFERED TO GROWING COMMUNITY MEDIA WERE PAID FOR THE ENTIRE YEAR BY WEDNESDAY JOURNAL, INC. AND RECEIVED W-2S FROM WEDNESDAY JOURNAL, INC. THE GROWING COMMUNITY MEDIA BOARD OF DIRECTORS DEEMED 25% OF THESE EMPLOYEES' SALARIES WOULD BE ALLOCATED TO GROWING COMMUNITY MEDIA. HOWEVER, EMPLOYEES DID NOT RECEIVE W-2S DIRECTLY FROM GROWING COMMUNITY MEDIA FOR THIS FIRST YEAR OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 1 | THE FOR PROFIT ENTITY, WEDNESDAY JOURNAL, INC., WAS CLOSED IN 2019 AND THE NON-PROFIT ENTITY, GROWING COMMUNITY MEDIA WAS ESTABLISHED IN ITS PLACE. WHEN FORMING GROWING COMMUNITY MEDIA, A BOARD CONSISTING OF AT LEAST THREE MEMBERS WAS REQUIRED. DAN HALEY, DARNELL SHIELDS, AND DAWN FERENCAK, LISTED IN PART VII OF FORM 990, WERE THE FOUNDING BOARD MEMBERS OF GROWING COMMUNITY MEDIA AND REMAINED BOARD MEMBERS DURING THE FIRST FISCAL YEAR COVERED BY THIS TAX RETURN. SINCE THEN, DAN HALEY HAS RESIGNED FROM THE BOARD BUT REMAINS THE CEO OF GROWING COMMUNITY MEDIA. DAWN FERENCAK HAS MOVED ON FROM THE ORGANIZATION. DARNELL SHEILDS REMAINS ON THE BOARD OF DIRECTORS AND IS JOINED BY JUDY GREFFIN, NILE WENDORF, DEB ABRAHAMSON, GARY COLLINS, SHEILA SOLOMON, AND ERIC WEINHEIMER, LISTED IN PART VII OF FORM 990. AT SUBMISSION OF THIS RETURN, JUDY GREFFIN IS CHAIRPERSON AND NILE WENDORF IS TREASURER. |
| FORM 990, PART VI, SECTION A, LINE 8A | THE FIRST FORMAL MEETING OF THE GROWING COMMUNITY MEDIA BOARD OF DIRECTORS WAS HELD ON AUGUST 2, 2020. SINCE THEN, MONTHLY MEETINGS HAVE BEEN HELD WITH AGENDAS AND RECORDED MEETING MINUTES. PRIOR TO AUGUST 2, 2020, BOARD MEETINGS WERE INFORMAL AND HELD AS NEEDED. |
| FORM 990, PART VI, SECTION A, LINE 8B | GROWING COMMUNITY MEDIA CURRENTLY DOES NOT HAVE ANY COMMITTIEES IN PLACE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. CREATION OF ANY SUCH COMMITTIES WILL REQUIRE APPROVAL FROM THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THERE IS CURRENTLY NO FORMAL PROCESS IN PLACE FOR BOARD REVIEW AND APPROVAL OF THIS CURRENT TAX RETURN. THE BOARD PLANS TO ADOPT A FORMAL REVIEW AND APPROVAL PROCESS FOR FUTURE TAX RETURNS THAT INCLUDES CIRCULATING THE RETURNS TO THE ENTIRE BOARD FOR COMMENT AND REVIEW. THE BOARD WILL VOTE ON SUBMISSION OF TAX RETURNS PRIOR TO SIGNING BY THE CEO AND A BOARD MEMBER. |
| FORM 990, PART VI, SECTION B, LINE 11B | NO FORMAL REVIEW BY THE ENTIRE BOARD OF DIRECTORS HAS TAKEN PLACE FOR THIS RETURN. THE RETURN HAS BEEN REVIEWED BY THE CEO AND BUSINESS MANAGER FOR ACCURACY. THE BOARD PLANS TO ESTABLISH A FORMAL REVIEW PROCESS FOR ALL FUTURE TAX RETURNS WHERE THE RETURNS ARE CIRCULATED TO ALL BOARD MEMBERS, CHANGES ARE DISCUSSED, AND A VOTE OF APPROVAL IS REQUIRED PRIOR TO SIGNING AND SUBMITTING THE RETURNS. |
| FORM 990, PART VI, SECTION B, LINE 12 | DURING THE FISCAL YEAR COVERED BY THIS RETURN, NO CONFLICT OF INTEREST POLICY WAS IN PLACE. AS OF APRIL 7, 2021, THE BOARD HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT REQUIRES ALL BOARD MEMBERS AND KEY EMPLOYEES TO COMPLETE DISCLOSURE FORMS ANNUALLY. BOARD MEMBERS AND KEY EMPLOYEES ARE ALSO REQUESTED TO DISCLOSE ANY NEW INTERESTS THAT ARISE THROUGHOUT THE YEAR. |
| FORM 990, PART VI, SECTION B, LINE 15 | SALARIES WERE SET AND APPROVED BY THE WEDNESDAY JOURNAL, INC. BOARD OF DIRECTORS PRIOR TO THE FORMATION OF GROWING COMMUNITY MEDIA. THE GROWING COMMUNITY MEDIA BOARD OF DIRECTORS LATER APPROVED AN ALLOCATION OF 25% OF ESTABLISHED WEDNESDAY JOURNAL, INC. SALARIES FOR SPECFIC EMPLOYEES, INCLUDING THE CEO, FOR GROWING COMMUNITY MEDIA IN ITS FIRST FISCAL YEAR. IN THE COMING YEAR, GROWING COMMUNITY MEDIA IS ADOPTING A PROCESS FOR DETERMINING SALARIES FOR MANAGEMENT AND STAFF. THE BOARD WILL REVIEW A RANGE OF SALARIES FOR PUBLISHING AND EDITORIAL MANAGEMENT AND STAFF. THE BOARD WILL CONSIDER THIS INFORMATION ALONG WITH ANNUAL REVIEWS AND BUDGET AVAILABILITY TO DETERMINE COMPENSATION FOR ALL EMPLOYEES. THE BOARD WILL NEED TO APPROVE ANY CHANGES IN COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | ON THE WEBSITE, IT STATES THAT ALL ORGANIZATION DOCUMENTS, GOVERNING DOCUMENTS, AND FORM 990S ARE AVAILABLE UPON REQUEST. ANYONE INETERESTED IN VIEWING THESE DOCUMENTS CAN SUBMIT A REQUEST THROUGH THE CONTACT PAGE ON THE WEBSITE. |
| FORM 990, PART XII, LINE 2C | THIS IS THE ORGANIZATION'S FIRST YEAR. THE ORGANIZATION DEVELOPED ITS AUDIT OVERSIGHT PROCESS FOR ITS FIRST AUDIT. DAN HALEY, CEO, FACILITATED THE AUDIT PROCESS. THE BOARD OF DIRECTORS, INCLUDING THE TREASURER AND CHAIRPERSON, REVIEW THE AUDIT REPORT AND DIRECT QUESTIONS AND COMMENTS TO THE INDEPENDENT AUDITORS. |
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