Groundwork New Orleans EIN 90-0456300 Form 990 (PDF) Claim this org

Groundwork New Orleans

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Improves local environments through community partnerships for better well-being. For fiscal year 2024 it reported $1.3M in revenue, $1.3M in expenses, and $-4K in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
New Orleans, LA
Website
groundwork-neworleans.org
Filings
2 on file (2023–2024)
Revenue
$1.3MFY2024
Expenses
$1.3M
Net assets
$-4K
People
9
Filings
2
Updates
0
More identity details & actions ⌄
EIN  90-0456300 Public charity (501(c)(3)) New Orleans, LA
Form 990 (PDF)
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Size
$1–10M
What they do
Improves local environments through community partnerships for better well-being.
Leadership
Todd Reynolds · Executive Director · $100K
Money in and out
$1.3M revenue, $1.3M expenses
Bottom line
95% program efficiency
Where the money goes · FY2024
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$-4K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $54K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.04 Fundraising $0.01
Program efficiency
95%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
0.4mo
months of highly liquid reserves at operating expense rate0% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▲ +27% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.3M
FY2024▲ +80%
Expenses
$1.3M
FY2024▲ +79%
Total assets
$151K
FY2024▲ +51%
Total liabilities
$155K
FY2024▼ -2%
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$-4K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$54K
Total assetsPt X · Ln 16$151K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $776K of program spending, described in the organization's own filed words · FY2024.
01

Epa Gmd Tfw

Gwnola was awarded a epa grant to remove trash from waterways in texas, louisiana and alabama- 97k LBS of trash removed. Ribbon-cutting on the new vision 2 reality stormwater management park - 400k.

$490Kprogram expense
02

Cplr

Climate preparedness land restoration program to build a community management park. Expanded tree planting to 500 trees in 2024 and youth programming to 45 new positions.

$242Kprogram expense
03

Csn

Gwnola established a neighborhood environmental coalition in the 7TH ward of new orleans. First operational "beehive" microgrid resilience hub in the country 425k.

$44Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGroundwork New Orleans
EINHdr · item D90-0456300
Principal addressHdr · item CNew Orleans, LA
WebsiteHdr · item Jgroundwork-neworleans.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C99)
Ruling yearIRS BMFMar 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Executive Director
$100,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director (joined 01/2024)
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Todd Reynolds’s $100K as Executive Director is at the 28th percentile of top reported officer pay among 1845 $1–10M environment 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 · 1 named individual · Part VII

NameFY2024FY2023
Todd Reynolds$100,000$35,416

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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Statement of Revenue

Part VIII
Contributions & grants100%$1.3M
Program service revenue$5K
— government grantsLn 1e$991K
Total revenueLn 12$1.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.04 Fundraising $0.01
Program services95%$1.2M
Management & general4%$48K
Fundraising1%$11K
Total functional expensesLn 25$1.3M

Balance Sheet

Part X · end of year
CashLn 1$43K
Total assetsLn 16$151K
Total liabilitiesLn 26$155K
Total net assetsLn 32$-4K
Months of cash on handcomputed0.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $43K · Operating expenses/yr $1.3M
0.4 months
Where the money goes
Program services
Program services $1.2M · Total expenses $1.3M
95%
Management & General
Management & general $48K · Total expenses $1.3M
4%
Fundraising
Fundraising $11K · Total expenses $1.3M
0.9%
Cost to raise $1
Fundraising expense (2-yr avg) $8K · Solicited contributions (2-yr avg) $374K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.3M · Total revenue $1.3M
100%
Government reliance
Government grants $991K · Total revenue $1.3M
74%
Earned-income share
Program service revenue $5K · Total revenue $1.3M
0.3%
Investment reliance
Investment income $0 · Total revenue $1.3M
0%
Program self-sufficiency
Program service revenue $5K · Total expenses $1.3M
0.4%
Growth & trend
Revenue growth (YoY)
This year $1.3M · Prior year $744K
+80%
Net-asset trend (YoY)
End of year $-4K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.3M · Expenses $1.3M
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $151K
Net-asset ratio
Net assets $-4K · Total assets $151K
-2%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $151K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Todd Reynolds · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $100K · Total expenses $1.3M
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $191K · Total expenses $1.3M
15%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 4%
Fundraising cost ratio 0.8%
Revenue growth 80%
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 · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$231K
See all 3 funders →
Grants paid · 3 grants · $232K · 2024–2024
Osprey InitiativeFY2024$138,852
Water Is Alive INCTX · FY2024$75,913

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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)$1.3M revenue · viewing · ⤓ 990 PDF
FY2023$744K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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