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: $617,756
Professional Fundraising Fees: $18,750
Other Salaries and Wages: $2,281,722
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 CEO of Grounded Solutions Network The CEO's salary of Grounded Solutions Network is $355,000 and their total compensation is $355,000.
Official website here: www.groundedsolutions.org
What is the revenue of Grounded Solutions Network?
Grounded Solutions Network's revenue in 2023 was $15,949,062.
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 2023 was $99,982. There are 29 employees and 14 volunteers at Grounded Solutions Network.
Here are 23 key members and their salaries (Grounded Solutions Network's CEO's salary is $355,000 and their total compensation is $355,000):
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- Compensation: $355,000
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- Compensation: $139,000
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- Compensation: $150,696
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- Compensation: $114,130
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- Other: $1,200
- Compensation: $150,696
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- Other: $1,200
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 2023 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $414,469
- Program Service Revenue: $2,481,706
- Gross Receipts: $15,949,062
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
$2,379,838
MEMBERSHIP DUES
Revenue
$101,868
Organization Details
Founding Year
2006
Principal Officer
Tony Pickett
Website
www.groundedsolutions.orgNTEE Category
Code: F20 - Mental health
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