Groundwork Group EIN 59-3808297 Form 990 (PDF) Claim this org

Groundwork Group FY2022 filing

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Unites technology and business expertise to drive social impact for communities. For fiscal year 2022 it reported $605K in revenue, $612K in expenses, and $163K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Columbus, OH
Website
www.groundworkgroup.org
Filings
5 on file (2020–2022)
Revenue
$605KFY2022
Expenses
$612K
Net assets
$163K
People
2
Filings
5
Updates
0
More identity details & actions ⌄
EIN  59-3808297 Unknown exempt organization Columbus, OH
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Unites technology and business expertise to drive social impact for communities.
Leadership
Tony Wells · Board Chair · $55K
Money in and out
$605K revenue, $612K expenses
Bottom line
-1% surplus margin
Reported financial activity · FY2022
Total revenue
$605K
Pt VIII · Ln 12
Total expenses
$612K
Pt IX · Ln 25
Net assets
$163K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$8K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.25 Fundraising $0.04
Surplus margin
-1%
revenue over expenses, this year
Program spending
71%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$605K
FY2022▼ -10%
Expenses
$612K
FY2022▼ -6%
Total assets
$678K
FY2022▼ -32%
Total liabilities
$516K
FY2022▼ -38%
Total revenue
$605K
Pt VIII · Ln 12
Total expenses
$612K
Pt IX · Ln 25
Net assets
$163K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$8K
Total assetsPt X · Ln 16$678K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGroundwork Group
EINHdr · item D59-3808297
Principal addressHdr · item CColumbus, OH
WebsiteHdr · item Jwww.groundworkgroup.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Board Chair
$55,312Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Tony Wells$55,312$55,312$36,667$7,182
Dana Wells$6,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $436K of program spending, described in the organization's own filed words · FY2021.
01

Groundwork group was organized in 2003 and incorporated in 2006 as a 501(c)(3) nonprofit organization. Our mission is to drive social impact by uniting innovative technology with business expertise to serve communities in need.

$436Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$522K · 86%
Contributions & grants$87K · 14%
Program service revenue86%$522K
Contributions & grants14%$87K
Total revenueLn 12$605K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.25 Fundraising $0.04
Program services71%$436K
Management & general25%$151K
Fundraising4%$26K
Total functional expensesLn 25$612K

Balance Sheet

Part X · end of year
CashLn 1$176K
Total assetsLn 16$678K
Total liabilitiesLn 26$516K
Total net assetsLn 32$163K
Months of cash on handcomputed3.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $176K · Operating expenses/yr $612K
3.5 months
Where the money goes
Program services
Program services $436K · Total expenses $612K
71%
Management & General
Management & general $151K · Total expenses $612K
25%
Fundraising
Fundraising $26K · Total expenses $612K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $27K · Solicited contributions (3-yr avg) $99K
$0.28 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $87K · Total revenue $605K
14%
Government reliance
Government grants — · Total revenue $605K
Earned-income share
Program service revenue $522K · Total revenue $605K
86%
Investment reliance
Investment income $-6K · Total revenue $605K
-1%
Program self-sufficiency
Program service revenue $522K · Total expenses $612K
85%
Growth & trend
Revenue growth (YoY)
This year $605K · Prior year $671K
-10%
Net-asset trend (YoY)
End of year $163K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $605K · Expenses $612K
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $678K
Net-asset ratio
Net assets $163K · Total assets $678K
24%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $678K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tony Wells · Reported title BOARD CHAIR · Highest reported compensation $55K · Total expenses $612K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $343K · Total expenses $612K
56%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 25%
Fundraising cost ratio 30%
Revenue growth -10%
Legal fee ratio 0.6%
Accounting fee ratio 0.2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$37K revenue · ⤓ 990 PDF
FY2023$227K revenue · ⤓ 990 PDF
FY2022$605K revenue · viewing · ⤓ 990 PDF
FY2021$671K revenue · ⤓ 990 PDF
FY2020$706K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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