GROUNDSWELL STARTUPS INC

EIN: 811417100 501(c)(3) Community Improvement

MELBOURNE, FL

Total Revenue
$633,648
Total Expenses
$653,275
Total Assets
$469,242
Net Assets
$468,760
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
FL
Phone
9548303889
Tax Period
2025-01-01 to 2025-12-31

GROUNDSWELL STARTUPS INC, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $634K in total revenue in fiscal year 2025. Revenue surged 31% from the prior year, signaling strong growth momentum.

Mission

GROUNDSWELL PAIRS EARLY-STAGE COMPANIES WITH EXPERTS WHO KNOW THE INDUSTRY AND ARE READY TO HELP. WITH MENTORS RANGING FROM BUSINESS STRATEGY TO MANUFACTURING TO RAISING CAPITAL, GROUNDSWELL HAS THE RESOURCES FOR YOU TO IDEATE, START AND GROW.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $330,417
Program Service Revenue $93,399
Investment Income $0
Other Revenue $209,832
TOTAL REVENUE $633,648

Expense Breakdown

Grants Paid $0
Salaries & Benefits $204,953
Fundraising Expenses $0
Program Expenses $610,367
Other Expenses $448,322
TOTAL EXPENSES $653,275

Year-over-Year Comparison

2025 2024 Change
Revenue $633,648 $481,864 +0.3%
Expenses $653,275 $559,976 +0.2%
Net Income $-19,627 $-78,112 -0.7%
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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
3
Volunteers
N/A

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
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BUD DEFFENBACH DIRECTOR 0.00
Director
$0 $0 $0
MARK MOHLER DIRECTOR 0.00
Director
$0 $0 $0
JOHN VECCHIO DIRECTOR 0.00
Director
$0 $0 $0
MAMOON RASHID DIRECTOR 0.00
Director
$0 $0 $0
RUCHIR GUPTA DIRECTOR 0.00
Director
$0 $0 $0
RYAN BAILEY DIRECTOR 0.00
Director
$0 $0 $0
SALLIE HALSEY CSO 0.00
Officer
$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
2025 $633,648 $653,275 $469,242 $-19,627
2024 $481,864 $559,976 $488,766 $-78,112
2023 $458,638 $530,980 $580,402 $-72,342
2022 $881,413 $367,760 $643,253 $513,653
2021 $309,862 $321,463 $130,381 $-11,601
2020 $258,691 $252,685 $154,267 $6,006
2019 $238,795 $173,473 $136,604 $65,322
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GROUNDSWELL STARTUPS INC with other nonprofits in Florida and across the country.