GROUNDSWELL CHARITABLE FOUNDATION (EIN 871530516) - 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

2021

Legal Domicile

Principal Officer

JAKE WOOD

Phone

3106960777

Tax Period

2024-01-01 to 2024-12-31

GROUNDSWELL CHARITABLE FOUNDATION, founded in 2021, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $11.9M in total revenue in fiscal year 2024. Revenue surged 141% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.3M, a strong 61% operating margin.

Mission

TO EMPOWER MODERN PHILANTHROPISTS WITH THE TOOLS THEY NEED TO BUILD BRIDGES BETWEEN COMPANIES AND NONPROFITS TO FOSTER SMART PHILANTHROPY FOR MAXIMUM IMPACT TO CHARITABLE CAUSES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $11,750,787

Program Service Revenue $0

Investment Income $139,823

Other Revenue $0

TOTAL REVENUE $11,890,610

Expense Breakdown

Grants Paid $4,463,378

Salaries & Benefits $102,261

Fundraising Expenses $5,113

Program Expenses $4,550,300

Other Expenses $56,271

TOTAL EXPENSES $4,621,910

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,890,610	$4,931,666	+1.4%
Expenses	$4,621,910	$2,672,690	+0.7%
Net Income	$7,268,700	$2,258,976	+2.2%

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

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
JAKE WOOD	PRESIDENT & DIRECTOR	2.00	Officer Director	$0	$0	$0
JOE MARCHESE	TREASURER	2.00	Officer Director	$0	$0	$0
ADAM MILLER	SECRETARY	2.00	Officer Director	$0	$0	$0
SHAWN BEIDLER	DIRECTOR	2.00	Director	$0	$0	$0
JULIE BRANDT	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	No data	No data	No data	No data
2024	$11,890,610	$4,621,910	$11,049,807	$7,268,700
2023	$4,931,666	$2,672,690	$3,748,833	$2,258,976
2022	$2,782,421	$1,778,516	$1,235,867	$1,003,905

GROUNDSWELL CHARITABLE FOUNDATION