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Nonprofiteer
← GROUNDED SOLUTIONS NETWORK

Form 990 for tax year 2022

Filed by GROUNDED SOLUTIONS NETWORK.

Totals

Total revenue
$4,060,693
Total expenses
$4,876,270
Contributions and grants received
$2,319,737
Grants paid
$693,847
Program service revenue
$1,708,933
Investment income
$29,133
Other revenue
$2,890
Total assets, end of year
$8,282,848
Total liabilities, end of year
$673,988
Net assets or fund balances, end of year
$7,608,860
Program services expenses (Part IX)
$4,047,483
Management and general expenses
$626,490
Fundraising expenses
$202,297
Program service expenses (Part III)
$4,047,483

Program services were 83.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $419,276

  • 1f · All other contributions, gifts and grants

    $1,900,461

  • 2a · Program service revenue: PROGRAM SERVICE FEES

    total $1,565,631 · related or exempt $1,565,631

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $143,302 · related or exempt $143,302

  • 3 · Investment income

    total $29,133 · excluded $29,133

  • 11a · Other revenue: MISC INCOME

    total $2,890 · related or exempt $2,890

  • 11e · Other revenue, total

    $2,890

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $693,847 · program services $693,847

  • 5 · Compensation of officers, directors and key employees

    total $504,306 · program services $342,286 · management and general $107,831 · fundraising $54,189

  • 7 · Other salaries and wages

    total $1,802,553 · program services $1,617,604 · management and general $119,740 · fundraising $65,209

  • 9 · Other employee benefits

    total $294,036 · program services $241,656 · management and general $39,606 · fundraising $12,774

  • 10 · Payroll taxes

    total $183,551 · program services $157,064 · management and general $17,887 · fundraising $8,600

  • 11c · Fees: accounting

    total $73,068 · management and general $73,068

  • 11e · Fees: professional fundraising services

    total $30,000 · fundraising $30,000

  • 11g · Fees: other

    total $541,206 · program services $429,385 · management and general $106,893 · fundraising $4,928

  • 13 · Office expenses

    total $288,893 · program services $160,364 · management and general $119,756 · fundraising $8,773

  • 16 · Occupancy

    total $68,792 · program services $51,436 · management and general $9,785 · fundraising $7,571

  • 17 · Travel

    total $97,773 · program services $82,711 · management and general $6,758 · fundraising $8,304

  • 19 · Conferences, conventions and meetings

    total $241,997 · program services $238,458 · management and general $3,539

  • 20 · Interest

    total $450 · management and general $450

  • 24a · Other expenses: OTHER EXPENSES

    total $55,798 · program services $32,672 · management and general $21,177 · fundraising $1,949

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $505,350 · end of year $691,447

  • 2 · Savings and temporary cash investments

    beginning of year $5,112,792 · end of year $1,670,705

  • 4 · Accounts receivable

    beginning of year $2,149,941 · end of year $1,947,012

  • 9 · Prepaid expenses and deferred charges

    beginning of year $37,150 · end of year $71,548

  • 11 · Investments: publicly traded securities

    beginning of year $2 · end of year $3,442,081

  • 15 · Other assets

    beginning of year $1,943,752 · end of year $460,055

  • 17 · Accounts payable and accrued expenses

    beginning of year $254,086 · end of year $264,871

  • 19 · Deferred revenue

    beginning of year $667,799 · end of year $409,117

  • 23 · Secured mortgages and notes payable

    beginning of year $418,826

  • 27 · Net assets without donor restrictions

    beginning of year $3,257,698 · end of year $3,477,435

  • 28 · Net assets with donor restrictions

    beginning of year $5,150,578 · end of year $4,131,425

Mission and programs · 2022

Mission

ORGANIZATION'S MISSION IS TO CULTIVATE COMMUNITIES - EQUITABLE, INCLUSIVE, AND RICH IN OPPORTUNITY - BY ADVANCING AFFORDABLE HOUSING SOLUTIONS THAT LAST FOR GENERATIONS.

Activities or mission (Part I)

THE ORGANIZATION'S MISSION IS TO CULTIVATE COMMUNITIES - EQUITABLE, INCLUSIVE, AND RICH IN OPPORTUNITY - BY ADVANCING AFFORDABLE HOUSING SOLUTIONS THAT LAST FOR GENERATIONS.

  • TECHNICAL ASSISTANCE : THE TECHNICAL ASSISTANCE PROGRAM PROVIDES TECHNICAL ASSISTANCE, TRAINING, TOOLS, AND RESOURCES TO NONPROFITS AND PUBLIC AGENCIES TO HELP SCALE THE FIELD OF HOUSING PROGRAMS WITH LASTING AFFORDABILITY.

    Expenses $1,358,685 · Grants $600,000 · Revenue $569,605

  • HOMEKEEPER: THE HOMEKEEPER PROGRAM PROVIDES AN INNOVATIVE TECHNOLOGY SOLUTION TO HELP HOUSING PROFESSIONALS STREAMLINE THE WAY THEY MANAGE AND REPORT ON THEIR HOMEOWNERSHIP AND HOUSING COUNSELING PROGRAM DATA, SO THEY CAN MORE EFFICIENTLY RUN THEIR PROGRAMS AND MEASURE THEIR IMPACT.

    Expenses $570,928 · Revenue $532,891

  • NATIONAL POLICY: THE NATIONAL POLICY PROGRAM ANALYZES PUBLIC POLICY, COORDINATES PRIVATE-PUBLIC PARTNERSHIPS, BUILDS COALITIONS AND MAKES STRATEGIC CONNECTIONS TO IMPROVE THE POLICY ENVIRONMENT FOR LOCAL PROGRAMS.

    Expenses $713,823 · Revenue $217,200

  • OTHER PROGRAM SERVICES

    Expenses $1,404,047 · Grants $93,847 · Revenue $389,237

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • TONY PICKETT

    CHIEF EXEC O

    Total calculated
    $289,736
    From this org
    $288,986
    From related orgs
    $0
    Other
    $750
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $238,986
    Bonus
    $50,000
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $750
    Filer's total
    $289,736

  • RACHEL SILVER

    CHIEF OPER O

    Total calculated
    $214,570
    From this org
    $213,370
    From related orgs
    $0
    Other
    $1,200
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,370
    Bonus
    $25,000
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $1,200
    Filer's total
    $214,570

  • ELIZABETH SORCE

    DIRECTOR OF

    Total calculated
    $146,100
    From this org
    $144,900
    From related orgs
    $0
    Other
    $1,200
    Hours/week
    40

  • EMILY THADEN

    DIRECTOR-NAT

    Total calculated
    $146,100
    From this org
    $144,900
    From related orgs
    $0
    Other
    $1,200
    Hours/week
    40

  • PAHNITI TOSUKSRI

    DIRECTOR-HOM

    Total calculated
    $128,600
    From this org
    $127,400
    From related orgs
    $0
    Other
    $1,200
    Hours/week
    40

  • DEVIN CULBERTSON

    VP INNOVATIV

    Total calculated
    $110,642
    From this org
    $109,792
    From related orgs
    $0
    Other
    $850
    Hours/week
    40

  • BEN BYNUM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PETER ELKOWITZ

    BOARD TREASU

    Total calculated
    $0
    Hours/week
    1

  • HALA FARID

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MIGUEL GAVALDON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GARRICK GOOD

    BOARD SECRET

    Total calculated
    $0
    Hours/week
    1

  • ROBERT HAMMOND

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • FATHIA MACAULEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL MONTE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ANDREANECIA MORRIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JACKLINE MUKIIBI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JACOB NOONAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GERMAINE SMITH-BAUGH

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • LISA VARON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • AKILAH WATKINS-BUTLER

    BOARD PRESID

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
21 July 2023
IRS schema version
2022v5.0
Source object
202312089349301046

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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