THE GROUNDWATER FOUNDATION

🔒

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

1994

Legal Domicile

Principal Officer

TERRY MORSE

Phone

6148987791

Tax Period

2023-01-01 to 2023-12-31

THE GROUNDWATER FOUNDATION, founded in 1994, is a small nonprofit in the Education sector that reported $721K in total revenue in fiscal year 2023. Revenue surged 102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $213K, a strong 30% operating margin.

Mission

THE GROUNDWATER FOUNDATION CONNECTS PEOPLE, BUSINESSES, AND COMMUNITIES THROUGH LOCAL GROUNDWATER EDUCATION AND ACTION, MAKING US ALL A PART OF THE SOLUTION FOR CLEAN, SUSTAINABLE GROUNDWATER.

Program Service Accomplishments

Program 1

Expenses: $2,466

SCHOLARSHIPS/CONTRIBUTIONS - THE GROUNDWATER FOUNDATION PROVIDES SCHOLARSHIPS AND GRANTS TO INDIVIDUALS AND ORGANIZATIONS FOR STEM EDUCATION SPECIFICALLY RELATED TO GROUNDWATER; TO FUND LEADING-EDGE PROGRAMMING THAT STIMULATES NEW KNOWLEDGE, INFORMATION, PROGRAMS AND PRODUCTS TO ADVANCE GROUNDWATER SCIENCE AND TECHNOLOGY; AND TO BENEFIT THE QUALITY OF LIFE FOR PEOPLE AROUND THE WORLD WITHOUT ACCESS TO PLENTIFUL SUPPLIES OF POTABLE GROUND WATER.

Program 2

Expenses: $103,512 Revenue: $105,750

SCIENTIFIC LECTURE SERIES - THE GROUNDWATER FOUNDATION COORDINATES MULTIPLE SCIENTIFIC LECTURE SERIES TO PROMOTE EXCELLENCE AND FOSTER INTEREST IN GROUND WATER SCIENCE, TECHNOLOGY, AND THE INDUSTRY IN GENERAL. THESE SCIENTIFIC LECTURE SERIES PROVIDE EDUCATIONAL OPPORTUNITIES FOR A VARIETY OF DIFFERENT INDIVIDUALS AND ORGANIZATIONS INTERESTED IN THE GROUND WATER INDUSTRY.

Program 3

Expenses: $67,670

STUDENT EDUCATION - THE GROUNDWATER FOUNDATION CREATED THE ULTIMATE GROUNDWATER EDUCATION TOOL, KNOWN AS THE AWESOME AQUIFER KIT. THE KIT IS A FUN AND EDUCATIONAL GROUNDWATER KIT WITH EVERYTHING YOU NEED TO BUILD AN AQUIFER MODEL AND TEACH STUDENTS THE IMPORTANCE OF CLEAN AND SUSTAINABLE GROUNDWATER. THROUGH DONATIONS AND FUNDRAISING THE FOUNDATION WAS ABLE TO EDUCATION OVER 200,000 STUDENTS ON THE IMPORTANCE OF GROUNDWATER SCIENCE. THIS ALSO INCLUDES OUR WORK WITH OSU IN CREATING SPONSOR A SCHOOL KITS AND OUR VIRTUAL AWESOME AQUIFER KITS (AA360).

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $569,942

Program Service Revenue $3,536

Investment Income $44,984

Other Revenue $102,214

TOTAL REVENUE $720,676

Expense Breakdown

Grants Paid $35,816

Salaries & Benefits $722

Fundraising Expenses $0

Program Expenses $173,648

Other Expenses $471,317

TOTAL EXPENSES $507,855

Year-over-Year Comparison

	2023	2022	Change
Revenue	$720,676	$357,445	+1.0%
Expenses	$507,855	$414,127	+0.2%
Net Income	$212,821	$-56,682	-4.8%

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

N/A

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

Total Directors

Key Employees

$262,161

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN BOYETTE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
FRED ROTHAUGE	TREASURER	1.00	Officer Director	$0	$0	$0
JIM LOCOCO	SECRETARY	1.00	Officer Director	$0	$0	$0
TERRY MORSE	NGWA CEO	5.00	Key Emp	$0	$26,824	$262,161

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	No data	No data	No data	No data
2023	$720,676	$507,855	$2,328,928	$212,821
2022	$357,445	$414,127	$2,157,643	$-56,682
2021	$557,341	$192,464	$2,483,747	$364,877
2020	$173,821	$383,130	$1,891,304	$-209,309
2019	$324,064	$564,024	$1,909,524	$-239,960
2018	$240,303	$359,771	$1,711,130	$-119,468