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Nonprofiteer
← GROUNDSWELL CAPITAL

Form 990 for tax year 2024

Filed by GROUNDSWELL CAPITAL.

Totals

Total revenue
$1,063,297
Total expenses
$591,509
Contributions and grants received
$684,792
Grants paid
$233,748
Program services expenses (Part IX)
$534,972
Management and general expenses
$49,922
Fundraising expenses
$6,615
Program service expenses (Part III)
$534,972

Program services were 90.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ANDREA THOMPSON

    PRESIDENT

    Total calculated
    $174,854
    From this org
    $0
    From related orgs
    $169,780
    Other
    $5,074
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $169,780 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $5,074 related
    Filer's total
    $0 + $174,854 related
  • DAVE DICOSOLA

    VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • ROB TULL

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • MIGUEL CRUZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • ANNE DOUGHERTY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • AMBER CORDOBA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • SANDRA BARTON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • MARK MANSFIELD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • RITESH PATEL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • ANGELO TORREALBA

    BOARD MEMBER

    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 — 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

  • SCENTED LEAF TEA HOUSE

    $25,000

    SUPPORT SMALL BUSINESSES AND ENTREPRENEURS WITHIN THE RIO NUEVO DISTRICT.

  • DOLCE PASTELLO CAKES

    $20,000

    SUPPORT SMALL BUSINESSES AND ENTREPRENEURS WITHIN THE RIO NUEVO DISTRICT.

  • WHITE FILE LLC

    $18,500

    SUPPORT SMALL BUSINESSES AND ENTREPRENEURS WITHIN THE RIO NUEVO DISTRICT.

  • DANNY'S DOWNTOWN BARBER

    $15,000

    SUPPORT SMALL BUSINESSES AND ENTREPRENEURS WITHIN THE RIO NUEVO DISTRICT.

  • URBAN PITA LLC

    $15,000

    SUPPORT SMALL BUSINESSES AND ENTREPRENEURS WITHIN THE RIO NUEVO DISTRICT.

  • MESTIZO STUDIO

    $10,000

    SUPPORT SMALL BUSINESSES AND ENTREPRENEURS WITHIN THE RIO NUEVO DISTRICT.

  • BERRY GREENS JUICE BAR

    $10,000

    GENEAL SUPPORT

  • SORA HEAD SPA

    $10,000

    SUPPORT SMALL BUSINESSES AND ENTREPRENEURS WITHIN THE RIO NUEVO DISTRICT.

  • BRICKS & MINIFIGS (EVERYTHING IS AWESOME)

    $10,000

    SUPPORT SMALL BUSINESSES AND ENTREPRENEURS WITHIN THE RIO NUEVO DISTRICT.

  • 1972 BARBER & SHAVE PARLOR LLC

    $8,000

    SUPPORT SMALL BUSINESSES AND ENTREPRENEURS WITHIN THE RIO NUEVO DISTRICT.

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF TUCSON

    ECONOMIC DEVELOPMENT · AZ

Provenance

Return type
form_990
Tax year
2024
Filed
28 April 2026
IRS schema version
2024v5.0
Source object
202601189349300040

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

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