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Grounded Solutions Network

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205513684 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

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Overview

What is Grounded Solutions Network?

Grounded Solutions Network is a nonprofit organization based in Oakland, California, with 31 employees. Their mission is to create equitable, inclusive, and opportunity-rich communities by advancing sustainable and long-lasting affordable housing solutions. To achieve this, they offer technical assistance, training, tools, and resources to nonprofits and public agencies, helping to scale the field of housing programs with lasting affordability. Their work is geared towards fostering communities where everyone can thrive, with a focus on ensuring affordability for future generations.


Official website here: www.groundedsolutions.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Grounded Solutions Network has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial management. The charity's overall score is derived entirely from its strong performance in accountability and finance, indicating robust governance practices and transparency. With 100% of its board members being independent and a strong emphasis on financial oversight, it showcases a commitment to ethical standards in its operations.

The organization demonstrates excellent financial health, with a program expense ratio of 79.29%, meaning a significant portion of its funds directly supports its mission. Additionally, its fundraising efficiency is noteworthy, with only $0.09 spent to raise each dollar, highlighting effective resource management. The low liabilities to assets ratio of 8.13% further indicates a strong financial position.

While the rating emphasizes many strengths, potential donors may want to explore the specific programs and outcomes of the charity to understand its impact fully. Overall, Grounded Solutions Network’s strong financial ratings suggest it is a well-managed nonprofit with a focus on accountability and effective use of resources.


This AI summary has been generated from information found on Charity Navigator.

Is Grounded Solutions Network legitimate?

Grounded Solutions Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grounded Solutions Network submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $504,306
Professional Fundraising Fees: $30,000
Other Salaries and Wages: $1,802,553

For more financial information, click here


Official website here: www.groundedsolutions.org/

What is the mission statement of Grounded Solutions Network?

The Grounded Solutions Network's mission is centered on fostering equitable, inclusive, and opportunity-rich communities by championing long-lasting affordable housing solutions. Specifically, the organization provides technical assistance, training, tools, and resources to nonprofits and public agencies, aiming to expand the field of housing programs with lasting affordability.


Official website here: www.groundedsolutions.org/

Who is the CEO of Grounded Solutions Network?

Tony Pickett is the Chief Exec O of Grounded Solutions Network.


Official website here: www.groundedsolutions.org/

What is the revenue of Grounded Solutions Network?

Grounded Solutions Network's revenue in 2022 was $4,060,693.


Official website here: www.groundedsolutions.org/

Who are the executives of Grounded Solutions Network and what are their salaries?

The average compensation at Grounded Solutions Network during 2022 was $74,415. There are 31 employees at Grounded Solutions Network.


Here are 20 key members and their salaries:


Tony Pickett (Chief Exec O)
  • Compensation: $288,986
  • Related: $0
  • Other: $750
Rachel Silver (Chief Oper O)
  • Compensation: $213,370
  • Related: $0
  • Other: $1,200
Elizabeth Sorce (Director Of)
  • Compensation: $144,900
  • Related: $0
  • Other: $1,200
Emily Thaden (Director-Nat)
  • Compensation: $144,900
  • Related: $0
  • Other: $1,200
Pahniti Tosuksri (Director-Hom)
  • Compensation: $127,400
  • Related: $0
  • Other: $1,200
Devin Culbertson (Vp Innovativ)
  • Compensation: $109,792
  • Related: $0
  • Other: $850
Ben Bynum (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Elkowitz (Board Treasu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hala Farid (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miguel Gavaldon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrick Good (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hammond (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fathia Macauley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Monte (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andreanecia Morris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackline Mukiibi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Noonan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Germaine Smith-Baugh (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Varon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Akilah Watkins-Butler (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.groundedsolutions.org/

Where can I find the form 990 for Grounded Solutions Network?

Grounded Solutions Network's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.groundedsolutions.org/

Learn more at the official website: www.groundedsolutions.org/

Mission Statement of Grounded Solutions Network

Grounded Solutions Network, a nonprofit organization, is dedicated to fostering equitable, inclusive, and opportunity-rich communities by advancing sustainable affordable housing solutions that last for generations. The organization provides technical assistance, training, tools, and resources to nonprofits and public agencies, aiming to scale the field of housing programs with lasting affordability. By doing so, Grounded Solutions Network strives to create communities where everyone, regardless of their economic status, can have a secure place to call home.

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Impact




June, 2024

Grounded Solutions Network's impact can be seen in its efforts to cultivate communities that are equitable, inclusive, and rich in opportunity by advancing affordable housing solutions that last for generations. Through its technical assistance program, the organization provides essential support, training, tools, and resources to grassroots organizations and public agencies. By doing so, Grounded Solutions Network is helping to scale the field of housing programs with lasting affordability. This work contributes to creating stable and secure housing options for individuals and families, which in turn can have a positive impact on various aspects of their lives, including mental health.




This information is meant to be a general summary of Grounded Solutions Network. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,060,693 (2022)
Expenses
$4,876,270 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,133
  • Program Service Revenue: $1,708,933
  • Gross Receipts: $4,060,693

Assets and Liabilities:

  • Total Assets: $8,282,848
  • Total Liabilities: $673,988
  • Net Assets: $7,608,860

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE FEES

Revenue

$1,565,631

MEMBERSHIP DUES

Revenue

$143,302

Organization Details

Founding Year

2006

Principal Officer

Tony Pickett

Main Address

PO BOX 70724, OAKLAND, CA, 94612

NTEE Category

Code: F20 - Mental health

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