Groundswell Action Fund (EIN 821172119) - 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

2017

Legal Domicile

Principal Officer

Chanda Jones

Phone

5104445900

Tax Period

2023-01-01 to 2023-12-31

Groundswell Action Fund, founded in 2017, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $3.7M exceeded revenue, resulting in a 53% operating deficit.

Mission

Groundswell Action Fund provides an easy way for individual donors to resource the strongest 501(c)(4) grassroots organizing and base building efforts led by women of color, low-income women, transgender people and gender non-conforming people across the United States to build political power through civic engagement.

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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 $2,368,701

Program Service Revenue $0

Investment Income $38,440

Other Revenue $0

TOTAL REVENUE $2,407,141

Expense Breakdown

Grants Paid $2,625,000

Salaries & Benefits $670,611

Fundraising Expenses $333,862

Program Expenses $3,065,504

Other Expenses $387,197

TOTAL EXPENSES $3,682,808

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,407,141	$5,875,009	-0.6%
Expenses	$3,682,808	$4,478,156	-0.2%
Net Income	$-1,275,667	$1,396,853	-1.9%

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

Employees

N/A

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

$649,139

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Yamani Hernandez	CEO	2.00	Officer	$0	$54,738	$349,145
Chanda Jones	CFO	2.00	Officer	$0	$54,675	$299,994
Quanita Toffie	Exec Director-Action Fund	40.00		$0	$41,434	$253,592
Wen Brovold	Dir Comms	2.00		$0	$48,848	$246,417
Naa Hammond	Chief Strategy Ofr	0.00		$0	$64,416	$241,067
Angella Bellota	Dir Funder Org	2.00		$0	$35,536	$228,786
Bre Rivera	Progm Director BTF	0.00		$0	$40,053	$202,285
Lorena Gamboa-Martin	Chief of Staff	2.00		$0	$25,000	$199,059
Meenakshi Menon	Former Interim ED	2.00		$0	$250	$86,933
Kierra Johnson	Chair	1.00	Officer Director	$0	$0	$0
Jessica Byrd	Vice Chair	1.00	Officer Director	$0	$0	$0
Dawn Boudwin	Treasurer	1.00	Officer Director	$0	$0	$0
Chrissie Castro	Director	0.50	Director	$0	$0	$0
Daroneshia Duncan-Boyd	Director	0.50	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	No data	No data	No data	No data
2023	$2,407,141	$3,682,808	$4,309,989	$-1,275,667
2022	$5,875,009	$4,478,156	$5,641,048	$1,396,853
2021	$4,065,992	$3,585,981	$4,088,203	$480,011
2020	$3,976,666	$4,270,636	$3,375,053	$-293,970
2020	$3,976,666	$4,270,636	$3,375,053	$-293,970
2019	$3,795,295	$2,080,589	$3,720,929	$1,714,706
2018	$2,706,769	$1,248,283	$1,877,801	$1,458,486

Groundswell Action Fund