Gathering Ground INC EIN 87-2492428 Form 990 (PDF) Claim this org

Gathering Ground INC FY2023 filing

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Connects diverse groups to foster dialogue, build networks, and create equitable community solutions. For fiscal year 2023 it reported $56K in revenue, $440K in expenses, and $757K in net assets.Pt I

Founded
2021
Type
Public charity (501(c)(3)) · Community Development
Location
Neptune, NJ
Website
gatheringground.us
Filings
4 on file (2022–2023)
Revenue
$56KFY2023
Expenses
$440K
Net assets
$757K
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  87-2492428 Public charity (501(c)(3)) Neptune, NJ Founded 2021
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Connects diverse groups to foster dialogue, build networks, and create equitable community solutions.
Leadership
Elizabeth Murphy · Founding Director / Secret · $108K
Money in and out
$56K revenue, $440K expenses
Bottom line
58% program efficiency
Where the money goes · FY2023
Total revenue
$56K
Pt VIII · Ln 12
Total expenses
$440K
Pt IX · Ln 25
Net assets
$757K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$384K
Where spending went · Part IX cols B–D
Program services $0.58 Management & general $0.30 Fundraising $0.12
Program efficiency
58%
of spending reaches programs
Operating runway
6.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-682%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$56K
FY2023▼ -95%
Expenses
$440K
FY2023▲ ×11
Total assets
$776K
FY2023▼ -34%
Total liabilities
$19K
FY2023▼ -37%
Total revenue
$56K
Pt VIII · Ln 12
Total expenses
$440K
Pt IX · Ln 25
Net assets
$757K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$384K
Total assetsPt X · Ln 16$776K
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGathering Ground INC
EINHdr · item D87-2492428
Principal addressHdr · item CNeptune, NJ
WebsiteHdr · item Jgatheringground.us
Year of formationHdr · item L2021
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S21)
Ruling yearIRS BMFMar 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Founding Director / Secret
$108,000Pt VII · Sec A
Executive Director
$38,439Pt VII · Sec A
Past Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Maria Carnemolla’s $130K as Executive Director is at the 86th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2025FY2024FY2023FY2022
Maria Carnemolla$130,080$121,000$38,439
Elizabeth Murphy$108,000$3,000

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

3 program services account for $254K of program spending, described in the organization's own filed words · FY2023.
01

Elevating equity anti-oppression training program, co-created in partnership with hillombo LLC, is a multi-pronged approach to identifying racism and oppression in the nonprofit and philanthropic sector and designing actions that dismantle those systems, build resistance to those systems, and advance the creation and commitment of…

$161Kprogram expense
02

The community-power-building call to collaboration (C2C) welcomes between 150-400+ community members for a 1- or 2-DAY meeting. C2C'S support a diverse group of individuals in directing their civic energy to shape the future of their community.

$72Kprogram expense
03

Communities in conversation (cic) provides a virtual platform for dialogue on critical issues in a vibrant, fast-paced, action-focused, cross-sector think tank, with a statewide community.

$21Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$35K · 62%
Contributions & grants$13K · 22%
Investment income$9K · 16%
Program service revenue62%$35K
Contributions & grants22%$13K
Investment income16%$9K
Total revenueLn 12$56K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.30 Fundraising $0.12
Program services58%$254K
Management & general30%$132K
Fundraising12%$54K
Total functional expensesLn 25$440K

Balance Sheet

Part X · end of year
CashLn 1$243K
Total assetsLn 16$776K
Total liabilitiesLn 26$19K
Total net assetsLn 32$757K
Months of cash on handcomputed6.6

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $243K · Operating expenses/yr $440K
6.6 months
Where the money goes
Program services
Program services $254K · Total expenses $440K
58%
Management & General
Management & general $132K · Total expenses $440K
30%
Fundraising
Fundraising $54K · Total expenses $440K
12%
Cost to raise $1
Fundraising expense (2-yr avg) $27K · Solicited contributions (2-yr avg) $597K
$0.05 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $13K · Total revenue $56K
22%
Government reliance
Government grants — · Total revenue $56K
Earned-income share
Program service revenue $35K · Total revenue $56K
62%
Investment reliance
Investment income $9K · Total revenue $56K
+16%
Program self-sufficiency
Program service revenue $35K · Total expenses $440K
8%
Growth & trend
Revenue growth (YoY)
This year $56K · Prior year $1.2M
-95%
Net-asset trend (YoY)
End of year $757K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $56K · Expenses $440K
-682%
Liabilities-to-Assets
Total liabilities — · Total assets $776K
Net-asset ratio
Net assets $757K · Total assets $776K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $776K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elizabeth Murphy · Reported title FOUNDING DIRECTOR / SECRET · Highest reported compensation $108K · Total expenses $440K
25%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $232K · Total expenses $440K
53%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 58%
Overhead ratio 30%
Fundraising cost ratio 431%
Revenue growth -95%
Accounting fee ratio 4%

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 · FY2022
Total grants receivedfrom 1 funder$51K

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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
FY2025 (Latest)$489K revenue · ⤓ 990 PDF
FY2024$445K revenue · ⤓ 990 PDF
FY2023$56K revenue · viewing · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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