Growth Opportunity Partners Inc

Public charity · Grantmaker Cleveland, OH EIN: 47-4257622

Growth Opportunity Partners Inc is a Cleveland, Ohio public charity that provides advisory services, financial solutions, and advocacy, with a focus on disadvantaged people and communities. Its website describes work with growing small businesses, primarily in underserved, low- and moderate-income communities in Ohio, through capital, professional services, and business solutions.

Growth Opportunity Partners Inc at a glance

In short: Growth Opportunity Partners Inc gave $110K across 3 grants in 2024 (avg $37K), mostly in Ohio. Source: 2024 IRS Form 990.

Annual giving (2024)
$110,000
-48.8% vs 2023
Grants made (2024)
3
-66.7% vs 2023
Average grant
$36,667
+53.5% vs 2023
Median grant
$50,000
Total assets
$2,889,497
-50.8% vs 2023
Primary geography
Ohio (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

How to apply to Growth Opportunity Partners Inc

Contact

Mailing address: 6001 Euclid Ave, Cleveland, OH 44103
Phone: (216) 462-0600

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Growth Opportunity Partners Inc funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Cartecor Management: $50KCartecor Management$50KPhenomenal Foods CO LLC: $50KPhenomenal Foods CO LLC$50KFurahi - a Taste of Home: $10KFurahi - a Taste of Home$10K

The largest 2024 recipient was Cartecor Management ($50K). Together the top 3 received $110K.

Grant Size Distribution

46 grants across all recorded years

41<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 41 grants of 46 (89%).

Geographic Focus

Where this funder awards grants

The website says Growth Opportunity Partners primarily serves growing small businesses in underserved, low- and moderate-income communities in Ohio. Its Solar for All interest form describes coalition work across eight Midwest and Rust Belt states; the states are not named. The listed 2022 grantees are based in Columbus, Cincinnati, Youngstown, and Cleveland, Ohio.

Grant Distribution by State

1state

Share of 2024 grant dollars across all 3 itemized grants.

States

Cities

ClevelandBeachwoodColumbusShaker HeightsTwinsburgCincinnatiDaytonShaker HTSAkronCleveland HTSEuclidIndependenceSolonSpringfieldWarrenWoodmereYoungstown

How Growth Opportunity Partners Inc gives

  • Giving fell 75% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants2020 17 grants2021 17 grants2022 9 grants2023 3 grants2024

From 2021 to 2024, annual grant giving ranged from $110K (2024) to $467K (2022). In 2024 it made 3 grants totaling $110K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Cartecor Management Shaker Heights, OHGobe 2023 Enterperneur Showcase$50,000
Phenomenal Foods CO LLC Cleveland, OHGobe 2023 Enterperneur Showcase$50,000
Furahi - a Taste of Home Cleveland, OHGobe 2023 Enterperneur Showcase$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$2,889,497$1,164,841$2,721,264$110,0003$44,418
2023$5,876,344$993,590$2,880,039$215,0009$50,260
2022$7,846,815$2,590,724$2,140,278$467,02017$7,918
2021$6,981,193$2,067,621$2,088,138$439,57217—
2020$7,134,232$2,994,003$1,451,600——$663

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The organization’s 2024 filing states a mission of providing advisory services, financial solutions, and advocacy to cultivate more resilient people and communities that have been under-resourced and under-valued, with particular focus on disadvantaged communities and people.

Its website describes GO Advisory services to improve business performance, GO Capital financing for small businesses, and GO Green Energy support for clean-energy solutions. The website says its capital work supports businesses with growth needs such as acquisitions, renovations or buildouts, bridge or mezzanine debt, and working capital. It identifies advanced manufacturing, clean energy, distribution, healthcare, technology and software, professional services, and logistics as target industries, while stating that it is not confined to specific industries.

The 2022 grantees listed include organizations with varied missions. MY PROJECT USA describes its work as protecting and empowering youth by supporting families through education, social service, civic engagement, and advocacy. Mothers in Arms is described as supporting, empowering, and nurturing single mothers and their families through resources, community, education, arts, and wellness. BLACK ACHIEVERS INC says it helps young disadvantaged professionals start businesses and advance careers through workshops, training, and technical assistance. OHIO URBAN RENAISSANCE describes youth outreach and enrichment for underserved students as a primary focus. Cleveland Owns describes itself as an economic democracy incubator that launches cooperative businesses and organizes campaigns for community control of resources.

Grantmaking

The IRS filing data lists 17 grants totaling $467,020 in 2022, an average of about $27,472 per grant. It lists no grants in 2023 or 2024. Its 2024 filing, the latest on this page, reports 3 grants totaling $110,000.

Notable 2022 grants include $29,000 to MY PROJECT USA, $27,850 to Mothers in Arms, $27,000 to BLACK ACHIEVERS INC, $20,000 to OHIO URBAN RENAISSANCE, and $18,600 to Cleveland Owns.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists:

  • Michael Jeans — President/Chief Executive
  • Ndeda Letson — Chair of the Board
  • Sheila Wright — Vice Chair
  • Richard Jankura — Treasurer
  • Donet Graves — Director
  • Marcus Glanton — Chief Operating Officer
  • Jeffrey Clawson — Chief Credit Officer

Growth Opportunity Partners Inc is led by Michael T. Jeans, President & Chief Executive since 2024 (on filings since 2020); none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Michael T. Jeans

    President & Chief Executive

    President → President & Chief Executive Officer, 2023

    President & Chief Executive Officer → President & Chief Executive, 2024

    On filings since 2020

    65 hrs/week

    $313K (2020) → $0 (2024)

  • Ndeda Letson

    Chair of the Board

    Chair of the → Chair of the Board, 2023

    On filings since 2020

    7 hrs/week

    No compensation reported

  • Donet Graves

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jeffrey Clawson

    Chief Credit Officer

    Chief Credit → Chief Credit Officer, 2023

    On filings since 2020

    40 hrs/week

    $156K (2020) → $0 (2024)

  • Marcus Glanton

    Chief Operating Officer

    Chief Oper. → Chief Operating Officer, 2023

    On filings since 2020

    40 hrs/week

    $156K (2020) → $0 (2024)

  • Richard Jankura

    Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Sheila Wright

    Vice Chair

    Director → Vice Chair, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Michael T Jeans — President/Chief Executive Officer: $448KMichael T JeansPresident/Chief Executive…$448KMarcus Glanton — Chief Operating Officer: $173KMarcus GlantonChief Operating Officer$173KJeffrey Clawson — Chief Credit Officer: $172KJeffrey ClawsonChief Credit Officer$172K

The highest reported compensation on the 2023 filing was $448K, to Michael T Jeans (President/Chief Executive Officer). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Growth Opportunity Partners Inc

How much does Growth Opportunity Partners Inc give each year?

Growth Opportunity Partners Inc gave $110K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $215K across 9 grants.

What is Growth Opportunity Partners Inc's typical grant size?

Growth Opportunity Partners Inc's median grant in 2024 was $50,000, and its average grant was $36,667, across 3 grants on its 2024 IRS Form 990.

Where does Growth Opportunity Partners Inc give grants?

Growth Opportunity Partners Inc gives mostly in Ohio: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Cleveland, OH (2 grants).

Does Growth Opportunity Partners Inc give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on Growth Opportunity Partners Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Gobe 2023 Enterperneur Showcase" (3 grants).

How large is Growth Opportunity Partners Inc?

Growth Opportunity Partners Inc reported $2.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.2M.

What does Growth Opportunity Partners Inc fund?

The organization’s 2024 filing states a mission of providing advisory services, financial solutions, and advocacy to cultivate more resilient people and communities that have been under-resourced and under-valued, with particular focus on disadvantaged communities and people. See mission & focus areas ↑

How do I apply for a grant from Growth Opportunity Partners Inc?

Growth Opportunity Partners Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

What is Growth Opportunity Partners Inc's EIN?

Growth Opportunity Partners Inc's EIN (Employer Identification Number) is 47-4257622. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
  5. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Growth Opportunity Partners Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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