The Groundwater Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 128,667 | 191,031 | −62,364 | 50.5 | 5% |
| 2012 | 256,203 | 238,965 | 17,238 | 40.8 | 5% |
| 2013 | 539,838 | 146,296 | 393,542 | 99.6 | 7% |
| 2014 | 235,760 | 141,284 | 94,476 | 110.5 | 6% |
| 2015 | 28,418 | 176,759 | −148,341 | 81.1 | 16% |
| 2016 | 198,589 | 182,650 | 15,939 | 83.6 | 20% |
| 2017 | 388,069 | 167,178 | 220,891 | 114.2 | 20% |
| 2018 | 240,303 | 359,771 | −119,468 | 45.6 | 35% |
| 2019 | 324,064 | 564,024 | −239,960 | 26.6 | 36% |
| 2020 | 173,821 | 383,130 | −209,309 | 32.2 | 38% |
| 2021 | 557,341 | 192,464 | 364,877 | 95.7 | 22% |
| 2022 | 357,445 | 414,127 | −56,682 | 34.7 | 2% |
| 2023 | 720,676 | 507,855 | 212,821 | 39.8 | 0% |
In its most recent public year (2023), this organization brought in $212,821 more than it spent. Its reserves stood at about 39.8 months of spending, down from 50.5 in 2011. Staff pay was 0% of spending. $812,445 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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