Groundwork Southcoast Inc

EIN: 883370006 501(c)(3)

New Bedford, MA

Total Revenue
$1,591,040
Total Expenses
$882,607
Total Assets
$868,850
Net Assets
$809,031
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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
2023
Legal Domicile
MA
Principal Officer
Maura Valdez
Phone
7748130008
Tax Period
2024-07-01 to 2025-06-30

Groundwork Southcoast Inc, founded in 2023, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 1475% from the prior year, signaling strong growth momentum. The organization ran a surplus of $708K, a strong 45% operating margin.

Mission

To bring about the sustained regeneration, improvement, and management of the physical environment by developing community-based partnerships that empower people, businesses, and organizations to promote environmental, economic, and social well-being.

Program Service Accomplishments

Program 1
Expenses: $253,987

Workforce Development and Training - The Workforce Development and Training program focuses on youth employment, job training, and leadership development through environmental and community...

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Workforce Development and Training - The Workforce Development and Training program focuses on youth employment, job training, and leadership development through environmental and community improvement projects. The primary component of this program is the Green Team, a youth employment and leadership initiative that provides workforce training in environmental stewardship, landscaping, urban agriculture, food production, tree and orchard maintenance, and public space improvement projects. Participants develop job readiness, leadership skills, and environmental knowledge through service learning, technical training, and hands-on work experience. Workforce activities include maintaining community gardens, managing urban farms, streetscape and public space maintenance, and other environmental stewardship projects that provide practical job training while improving community assets.

Program 2
Expenses: $196,653

Climate Resilience- The Climate Resilience program focuses on environmental stewardship and climate adaptation projects that improve environmental conditions and community resilience. Activities...

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Climate Resilience- The Climate Resilience program focuses on environmental stewardship and climate adaptation projects that improve environmental conditions and community resilience. Activities include tree planting, orchard management, riverbank restoration, invasive species removal, urban greening, and restoration of natural areas. The Organization also supports urban agriculture and green infrastructure projects that increase food access, improve environmental sustainability, and enhance climate resilience in the communities served. These projects are conducted in partnership with municipalities and community organizations and often incorporate youth workforce participation as part of hands-on environmental training.

Program 3
Expenses: $112,683

Community Engagement - The Community Engagement program includes community outreach, volunteerism, environmental education, and youth-led community initiatives designed to promote environmental...

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Community Engagement - The Community Engagement program includes community outreach, volunteerism, environmental education, and youth-led community initiatives designed to promote environmental awareness, community participation, and environmental equity. Activities include volunteer events, workshops, community partnerships, and programs such as Adventure Walk and Sow & Grow. The Organization engages community members in environmental stewardship through community gardens, food distribution efforts, public space improvement projects, and volunteer-supported environmental initiatives. These efforts help increase access to fresh food, improve neighborhood spaces, and strengthen community involvement in environmental and stewardship activities.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,591,964
Program Service Revenue $0
Investment Income $1
Other Revenue $-925
TOTAL REVENUE $1,591,040

Expense Breakdown

Grants Paid $0
Salaries & Benefits $575,745
Fundraising Expenses $60,322
Program Expenses $601,908
Other Expenses $306,862
TOTAL EXPENSES $882,607

Year-over-Year Comparison

2024 2023 Change
Revenue $1,591,040 $101,000 +14.8%
Expenses $882,607 $402 +2194.5%
Net Income $708,433 $100,598 +6.0%
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

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Governance

Voting Members
4
Independent Members
4
Employees
15
Volunteers
80

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
2
$57,191
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marcia Picard Board Chair 2.00
Officer Director
$0 $0 $0
Kerry Mello Board Member 2.00
Director
$0 $0 $0
Bob French Board Member 2.00
Director
$0 $0 $0
Cia Weaver Board Member 2.00
Director
$0 $0 $0
Maura Valdez Executive Director 30.00
Officer
$46,144 $11,047 $57,191
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 $1,591,040 $882,607 $868,850 $708,433
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