A look back at the numbers
Summary statement of financial position
Total net assets, 2019-2022.
View our Consolidated and Combined Financial Statements, Dec. 31, 2021
Net asset growth since 2019
%
Capital adequacy
Grow America (formerly NDC) is well capitalized and maintains a strong equity position in relation to its loan portfolio.
Net asset ratio
Our Net Asset to Total Asset Ratio demonstrates a strong financial foundation and adequate capital.
Total equity and reserves over total loans
Our total equity and loan loss reserves far outweigh outstanding loans.
Liquidity
Total cash and investments as % of total assets
We remain highly liquid, with cash and investments as a significant part of the balance sheet.
2022 revenue
Self-sufficiency
Self-sufficiency ratios
Our earned revenue was greater than total operating expenses in 2020 and 2021.
*Our total revenue, including grants and contributions, was greater than total expenses. The self-sufficiency ratio excludes grants and contributions.