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Groundwork Hudson Valley Inc

Yonkers, NY / EIN 11-3579493 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20101,150,5241,169,403−18,8790.75%
2011948,695947,4261,2690.752%
2012995,9741,005,712−9,7380.557%
2013923,189922,5236660.64%
20141,266,5731,226,03940,5340.852%
20151,408,3771,469,853−61,4761.255%
20161,831,7091,581,651250,0583.454%
20171,797,4541,529,204268,2505.654%
20182,230,0361,616,131613,9059.945%
20191,538,7931,296,473242,32014.651%
20201,301,0731,246,71954,35415.752%
20212,122,0861,511,207610,87917.850%
20221,540,6791,822,652−281,97312.956%
20231,756,5961,861,469−104,87311.956%

In its most recent public year (2023), this organization spent $104,873 more than it brought in. Its reserves stood at about 11.9 months of spending, up from 0.7 in 2010. Staff pay was 56% of spending. $115,889 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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