GROUNDSWELL INC (EIN 270201126) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

LORI MICHELLE MOORE

Phone

2025053051

Tax Period

2024-01-01 to 2024-12-31

GROUNDSWELL INC, founded in 2009, is a community nonprofit in the Environment sector that reported $8.6M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.3M, a strong 27% operating margin.

Mission

OUR SOLAR PROJECTS DELIVER ENERGY SAVINGS, BUILD COMMUNITY WEALTH, AND SUPPORT LOCAL JOBS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,379,706

Program Service Revenue $172,024

Investment Income $993

Other Revenue $58

TOTAL REVENUE $8,552,781

Expense Breakdown

Grants Paid $104,505

Salaries & Benefits $3,702,989

Fundraising Expenses $0

Program Expenses $2,711,342

Other Expenses $2,449,517

TOTAL EXPENSES $6,257,011

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,552,781	$7,309,534	+0.2%
Expenses	$6,257,011	$6,091,061	+0.0%
Net Income	$2,295,770	$1,218,473	+0.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$600,431

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORI MICHELLE MOORE	CHIEF EXECUT	40.00	Officer	$299,273	$33,562	$332,835
DAVID ABRAMS	CHIEF OPERAT	40.00	Officer	$241,673	$25,923	$267,596
KRISTAL VIRGIL	VP FINANCE I	40.00	Highest	$159,623	$15,414	$175,037
MARINA SARGSYAN	DIR. OF COMP	40.00	Highest	$155,000	$2,295	$157,295
ELVIS MOLEKA	VP LABS, DAT	40.00	Highest	$130,199	$23,358	$153,557
DAN LIMBAGO	SR VP MARKET	40.00	Highest	$149,720	$1,787	$151,507
DAVID WRIGHT	VP TECH SERV	40.00	Highest	$120,751	$23,412	$144,163
ANNIE DONOVAN	DIRECTOR	2.00	Director	$0	$0	$0
CHARLES IMOHIOSEN	CHAIR	2.00	Officer Director	$0	$0	$0
RAJ KRISHNAMURTHY	DIRECTOR	2.00	Director	$0	$0	$0
HAROLD MITHCELL	DIRECTOR	N/A	Director	$0	$0	$0
NELSON REYNERI	DIRECTOR	2.00	Director	$0	$0	$0
BRYCE SCHONBERGER	TREASURER	2.00	Officer Director	$0	$0	$0
MARISA UCHIN	DIRECTOR	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$8,552,781	$6,257,011	$6,061,141	$2,295,770
2023	$7,309,534	$6,091,061	$3,708,591	$1,218,473
2022	$3,736,520	$3,721,886	$2,571,899	$14,634
2021	$3,324,609	$2,940,906	$2,597,628	$383,703
2020	$2,507,773	$2,414,900	$2,254,057	$92,873
2019	$3,072,458	$2,356,589	$2,485,401	$715,869
2018	$1,873,612	$1,968,753	$862,491	$-95,141

GROUNDSWELL INC