Skip to content
Nonprofiteer
← GROUNDSWELL FUND

Form 990 for tax year 2023

Filed by GROUNDSWELL FUND.

Totals

Total revenue
$18,645,193
Total expenses
$24,372,876
Contributions and grants received
$18,011,009
Grants paid
$14,234,385
Program service revenue
$0
Investment income
$634,184
Other revenue
$0
Total assets, end of year
$45,207,953
Total liabilities, end of year
$2,248,857
Net assets or fund balances, end of year
$42,959,096
Program services expenses (Part IX)
$21,300,230
Management and general expenses
$1,070,689
Fundraising expenses
$2,001,957
Program service expenses (Part III)
$21,300,230

Program services were 87.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Yamani Hernandez

    CEO

    Total calculated
    $349,145
    From this org
    $294,407
    From related orgs
    $0
    Other
    $54,738
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $294,407
    Bonus
    not reported
    Other
    not reported
    Deferred
    $10,722
    Nontaxable benefits
    $44,016
    Filer's total
    $349,145

  • Chanda Jones

    CFO

    Total calculated
    $299,994
    From this org
    $245,319
    From related orgs
    $0
    Other
    $54,675
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $245,319
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,583
    Nontaxable benefits
    $49,092
    Filer's total
    $299,994

  • Quanita Toffie

    Exec Director Action Fund

    Total calculated
    $253,592
    From this org
    $212,158
    From related orgs
    $0
    Other
    $41,434
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $212,158
    Bonus
    not reported
    Other
    not reported
    Deferred
    $7,870
    Nontaxable benefits
    $33,564
    Filer's total
    $253,592

  • Wen Brovold

    Dir Comms & Donor

    Total calculated
    $246,417
    From this org
    $197,569
    From related orgs
    $0
    Other
    $48,848
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $197,569
    Bonus
    not reported
    Other
    not reported
    Deferred
    $4,832
    Nontaxable benefits
    $44,016
    Filer's total
    $246,417

  • Naa Hammond

    Chief Strategy Ofr

    Total calculated
    $241,067
    From this org
    $176,651
    From related orgs
    $0
    Other
    $64,416
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,651
    Bonus
    not reported
    Other
    not reported
    Deferred
    $7,188
    Nontaxable benefits
    $57,228
    Filer's total
    $241,067

  • Angella Bellota

    Dir Funder Organiz

    Total calculated
    $228,786
    From this org
    $193,250
    From related orgs
    $0
    Other
    $35,536
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $193,250
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,896
    Nontaxable benefits
    $29,640
    Filer's total
    $228,786

  • Bre Rivera

    Progm Director BTF

    Total calculated
    $202,285
    From this org
    $162,232
    From related orgs
    $0
    Other
    $40,053
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,232
    Bonus
    not reported
    Other
    not reported
    Deferred
    $6,489
    Nontaxable benefits
    $33,564
    Filer's total
    $202,285

  • Lorena Gamboa-Martin

    Chief of Staff

    Total calculated
    $199,059
    From this org
    $174,059
    From related orgs
    $0
    Other
    $25,000
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $174,059
    Bonus
    not reported
    Other
    not reported
    Deferred
    $6,280
    Nontaxable benefits
    $18,720
    Filer's total
    $199,059

  • Meenakshi Menon

    Former Interim ED

    Total calculated
    $86,933
    From this org
    $86,683
    From related orgs
    $0
    Other
    $250
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $86,683
    Bonus
    not reported
    Other
    not reported
    Deferred
    $250
    Nontaxable benefits
    not reported
    Filer's total
    $86,933

  • Kimberly Inez McGuire

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Brook Kelly-Green

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Nicolle Gonzales

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Karen Grove

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Nse Ufot

    Director

    Total calculated
    $0
    Hours/week
    1

  • Bamby Salcedo

    Director

    Total calculated
    $0
    Hours/week
    1

  • Holly Bartling

    Director

    Total calculated
    $0
    Hours/week
    1

  • Laura Nixon

    Director

    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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 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.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
5 November 2024
IRS schema version
2023v5.1
Source object
202403109349304100

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

The source document this was parsed from is served over the API, which is where bulk and document access live.