Overview
What is Groundswell Inc?
Groundswell Inc is a nonprofit organization based in Washington, D.C. Their mission revolves around community solar and energy equity, striving to make clean energy accessible to households that have been traditionally excluded due to financial barriers. They collaborate with municipalities, local utilities, and other partners to develop, build, and manage solar projects that align with community values. Groundswell's work includes job training, energy efficiency, and other community benefits, maximizing the impact of their initiatives. They have a scalable model that operates across multiple states, and they partner with local nonprofits to expand their work into emerging community solar markets. Currently, they are working in the District of Columbia, Georgia, Maryland, New York State, Hawaii, and Illinois. Groundswell is focused on providing electricity cost relief to low-income households, building community wealth, and supporting local jobs through their equitable community solar projects.
Official website here: www.groundswell.org
What are the reviews and ratings of this charity?
93% rating from Charity Navigator indicates that Groundswell Inc is a highly rated nonprofit with a Four-Star out of Four Star rating, reflecting a strong commitment to accountability and financial transparency. The organization has achieved notable scores in various categories, particularly in its independent board structure and financial oversight. With 100% independent board members and excellent audit committee ratings, Groundswell demonstrates robust governance practices.
The nonprofit excels in constituent feedback, with perfect scores in feedback collection and usage, highlighting its dedication to community engagement and responsiveness. However, while its program expense ratio is reasonable at 62.54%, it could improve in fundraising efficiency, as indicated by its low score in that area. This suggests potential challenges in generating funds relative to its overall expenses.
Groundswell also scores well in equity strategies, although there are some areas within equity policies that could be further developed. Overall, the organization demonstrates strong performance and commitment to its mission, but addressing its fundraising efficiency could enhance its sustainability in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Groundswell Inc legitimate?
Groundswell Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Groundswell Inc 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: $232,622
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,394,231
For more financial information, click here
Official website here: www.groundswell.org
What is the mission statement of Groundswell Inc?
Groundswell Inc, a community-focused organization, empowers neighbors by fostering collaboration through community solar projects. Their mission is to connect solar power with economic empowerment by developing equitable community solar initiatives and managing subscriber programs. These projects aim to provide energy savings to low-income households, foster community wealth, and support local jobs. Essentially, Groundswell Inc is building community power, linking solar energy with economic enhancement, and promoting a sustainable future.
Official website here: www.groundswell.org
Who is the CEO of Groundswell Inc?
Lori Michelle Moore is the Chair of Groundswell Inc. The CEO's salary of Groundswell Inc is $201,875 and their total compensation is $232,622.
Official website here: www.groundswell.org
What is the revenue of Groundswell Inc?
Groundswell Inc's revenue in 2022 was $3,736,520.
Official website here: www.groundswell.org
Who are the executives of Groundswell Inc and what are their salaries?
The average compensation at Groundswell Inc during 2022 was $58,102. There are 28 employees and 9 volunteers at Groundswell Inc.
Here are 12 key members and their salaries (Groundswell Inc's CEO's salary is $201,875 and their total compensation is $232,622):
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- Compensation: $201,875
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- Other: $30,747
- Compensation: $133,521
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- Other: $7,683
- Compensation: $113,342
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- Other: $4,970
Official website here: www.groundswell.org
Where can I find the form 990 for Groundswell Inc?
Groundswell Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.groundswell.org
Learn more at the official website: www.groundswell.org
Mission Statement of Groundswell Inc
Groundswell Inc, a community-focused organization, empowers neighborhoods by fostering collaboration and shared power through community solar projects. By developing equitable solar initiatives, Groundswell Inc aims to connect solar power with economic empowerment. Their community solar projects are designed to deliver energy savings to low-income households, build community wealth, and support local job creation.
In essence, Groundswell Inc leverages solar power to uplift communities economically. By implementing subscriber management programs, they ensure that the benefits of solar energy are accessible and beneficial for all. Their mission is not just about installing solar panels; it's about creating a sustainable, community-driven energy solution that fosters economic growth and local job opportunities.
In summary, Groundswell Inc is a pioneer in community solar, using this clean energy source to empower communities and provide economic opportunities. Their focus on low-income households demonstrates a commitment to equity and inclusion, making solar power a viable and accessible solution for all.
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Impact
June, 2024
Groundswell Inc builds community power by enabling neighbors to work together to share power through community solar. They connect solar power to economic empowerment by developing equitable community solar projects and delivering subscriber management programs. Groundswell's impact is significant as they deliver energy savings to low-income households, build community wealth, and support local jobs. They work in the rapidly emerging fields of community solar and energy equity to provide access to affordable clean energy to households that are currently excluded from participating in solar savings due to financial barriers. Through collaborations with municipalities, congregations, local utilities, and other partners, Groundswell develops, builds, and manages solar projects that align the value of solar with community values.
Groundswell has developed a replicable, scalable model for sharing power with equitable community solar that works across multiple states. They are expanding their work into emerging state community solar markets and have ongoing projects in various states like the District of Columbia, Georgia, Maryland, and New York State. Their projects provide electricity cost relief to low-income households in the region and collaborate with local partners to deliver job training, energy efficiency, and other aligned community benefits.
In addition to their work in community solar projects, Groundswell directly serves low-income households by enrolling, providing customer support, and offering ongoing benchmarking and reporting on savings and other metrics to community solar subscribers. Their commitment to expanding access to clean energy and creating economic opportunities for low-income communities makes a significant impact on both the environment and social equity.
This information is meant to be a general summary of Groundswell Inc. 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 2022.
- Investment Income: $175
- Program Service Revenue: $577,171
- Gross Receipts: $3,736,520
Assets and Liabilities:
- Total Assets: $2,571,899
- Total Liabilities: $190,744
- Net Assets: $2,381,155
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$577,171
Organization Details
Founding Year
2009
Phone
(202) 505-3051Principal Officer
Lori Michelle Moore
Main Address
80 M STREET SE CO WEWORK, WASHINGTON, DC, 20003
Website
www.groundswell.orgNTEE Category
Code: C35 - Environment
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