GROUNDWORK GROUP (EIN 593808297) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

TONY WELLS

Phone

6148847780

Tax Period

2023-07-01 to 2024-01-02

GROUNDWORK GROUP, founded in 2005, is a micro nonprofit that reported $37K in total revenue in fiscal year 2023. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $55K exceeded revenue, resulting in a 48% operating deficit.

Mission

TO DRIVE SOCIAL IMPACT BY UNITING INNOVATIVE TECHNOLOGY WITH BUSINESS EXPERTISE TO SERVE COMMUNITIES IN NEED

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,000

Program Service Revenue $22,328

Investment Income $-919

Other Revenue $805

TOTAL REVENUE $37,214

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $961

Program Expenses $49,035

Other Expenses $55,114

TOTAL EXPENSES $55,114

Year-over-Year Comparison

	2023	2022	Change
Revenue	$37,214	$226,852	-0.8%
Expenses	$55,114	$337,148	-0.8%
Net Income	$-17,900	$-110,296	-0.8%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONY WELLS	BOARD CHAIR	3.00	Officer Director	$0	$0	$0
DANA WELLS	VICE CHAIR	2.00	Officer 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	$37,214	$55,114	No data	$-17,900
2023	$226,852	$337,148	$1,228,954	$-110,296
2022	$604,743	$612,286	$678,433	$-7,543
2021	$670,733	$649,905	$1,001,599	$20,828
2020	$706,423	$713,912	$470,285	$-7,489
2019	$789,600	$957,183	$998,159	$-167,583
2018	$957,484	$1,013,538	$1,123,545	$-56,054

GROUNDWORK GROUP