Groundwork Inc

Nonprofit profile at a glance

EIN
731625176
IRS 990 coverage
2009–2011
Forms available
Form 990 2011
Location
Brooklyn, NY, USA
Phone
7183462200
Rating confidence
Limited
Sector
Youth Centers, Clubs

Official website

Reported finances

Revenue
$1,636,884
Expenses
$1,504,015
Assets
$1,080,214
Liabilities
$1,110,217

Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

10 people listed

Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Groundwork, inc supports the development of powerful youth, families and communities so that all young people in the communities where we work have access to a ranger of opportunities to lead a rewarding and fulfilling life.

What it reported doing in 2011

Groundwork for Youth - an after-school and summer academy for elementary and middle school students with a strong focus on literacy instruction. Groundwork for Youth students gain an average of 2.6 months of reading achievement during summer months. On average, students from low-income, urban communities lose 3 months of reading achievement over summer months.Groundwork for Success - a four-year college preparation, youth employment, and leadership development program for high school students. 100% of Groundwork for Success scholars graduate high school. East New York has an average graduation rate of less than 40%.Support Services consist of: Single Stop - provides families with critical servicesincluding public benefits advocacy, legal assistance, and financial counseling, free of charge and without appointment. Family resource center (frc) provides individuals, group and family counseling, crisis intervention and family support programs.

Operating model

Revenue model
Donor-supported. 68% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Accountability: 100
  • Sustainability: 53
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 8.1%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 0.72; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 1.03; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 86; 86th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -42.7% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -6.7% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 10 of 10 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.3M in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 3 filing years from 2009 to 2011
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.