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← GRASSROOTS BUSINESS PARTNERS INC

Form 990 for tax year 2023

Filed by GRASSROOTS BUSINESS PARTNERS INC.

Totals

Total revenue
$7,707,767
Total expenses
$9,907,956
Contributions and grants received
$7,456,994
Grants paid
$0
Program service revenue
$195,717
Investment income
$0
Other revenue
$55,056
Total assets, end of year
$27,799,059
Total liabilities, end of year
$30,380,305
Net assets or fund balances, end of year
-$2,581,246
Program services expenses (Part IX)
$6,144,276
Management and general expenses
$3,730,089
Fundraising expenses
$33,591
Program service expenses (Part III)
$6,144,276

Program services were 62.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • HAROLD ROSEN

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $125,887
    From this org
    $114,389
    From related orgs
    $0
    Other
    $11,498
    Hours/week
    40

  • MARY HOUGHTON

    CHAIRMAN OF THE BOARD

    Total calculated
    $0
    Hours/week
    1

  • ANDREW ADELSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • HOLLY WISE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ZOE DEAN-SMITH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GUILLERMO FERREYROS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JAIME RAMIREZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LILIAN MRAMBA

    CHIEF INVESTMENT OFFICER/COO

    Total calculated
    $187,346
    From this org
    $169,506
    From related orgs
    $0
    Other
    $17,840
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,146
    Bonus
    $24,360
    Other
    $0
    Deferred
    $8,593
    Nontaxable benefits
    $9,247
    Filer's total
    $187,346

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

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • GBF GP I LLC

    HOLDING COMPANY · DE · income -$170,512 · assets $0

    Directly controlled by GRASSROOTS BUSINESS PARTNERS INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • GRASSROOTS BUSINESS INVESTMENT ADVISORS PRIVATE LTD

    C · ADVISORY · IN · 99.99% owned

    Directly controlled by GBF GB I LLC

  • GRASSROOTS BUSINESS PARTNERS INC SURCUSAL PERU

    C · ADVISORY · PE · 100% owned

    Directly controlled by GBF GB I LLC

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202531359349311013

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