Overview
What is Groundworks Collaborative Foundation Inc?
Groundworks Collaborative Foundation Inc is a charitable organization, headquartered at 81 Royal Road, Brattleboro, Vermont 05301. Its primary mission is to financially aid and support the operations and objectives of Groundworks Collaborative, Inc., a nonprofit organization based in Vermont. This sister organization focuses on promoting public welfare and operates under tax-exempt status. The Foundation's role is crucial in sustaining the various initiatives and programs undertaken by Groundworks Collaborative, Inc. to ensure they continue serving the community effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
Groundworks Collaborative Foundation Inc has received a low score of 54% from Charity Navigator, indicating concerns regarding its financial health and operational transparency. While the organization demonstrates strong governance with a fully independent board and proper conflict of interest policies, it falls short in key areas such as the absence of a whistleblower policy and a concerning liabilities to assets ratio of 104.57%.
The organization's program expense ratio stands at 55.46%, suggesting that just over half of its expenses are directed towards its programs rather than administrative costs. This could raise questions about its efficiency and sustainability in fulfilling its mission. The strengths in board governance are commendable, yet the overall financial management and policy gaps highlight significant areas for improvement and potential risks to its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Groundworks Collaborative Foundation Inc legitimate?
Groundworks Collaborative Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Groundworks Collaborative Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Groundworks Collaborative Foundation Inc?
The mission of Groundworks Collaborative Foundation Inc. is centered around providing financial aid to facilitate the operations and fulfill the objectives of Groundworks Collaborative Inc., a nonprofit organization based in Vermont. The foundation's purpose is to support the crucial work undertaken by Groundworks Collaborative Inc., contributing to its mission and overall impact. This assistance allows Groundworks Collaborative Inc. to continue its public benefit activities and advance its goals effectively.
Who is the CEO of Groundworks Collaborative Foundation Inc?
Joshua Davis is the President of Groundworks Collaborative Foundation Inc.
What is the revenue of Groundworks Collaborative Foundation Inc?
Groundworks Collaborative Foundation Inc's revenue in 2022 was $33,662.
Who are the executives of Groundworks Collaborative Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Groundworks Collaborative Foundation Inc?
Groundworks Collaborative Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Groundworks Collaborative Foundation Inc
Groundworks Collaborative Foundation Inc is committed to supporting the operations and purposes of Groundworks Collaborative, a public benefit nonprofit organization based in Vermont. Its primary objective is to provide financial aid to facilitate the functioning of Groundworks Collaborative Inc. This foundation plays a crucial role in ensuring the continuity of the initiatives and programs undertaken by Groundworks Collaborative, thereby contributing to its overall mission and objectives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Groundworks Collaborative Foundation Inc's impact is centered on providing essential financial support for the operations and purposes of Groundworks Collaborative, Inc., a Vermont-based nonprofit dedicated to offering housing assistance and support services. Their focus on supporting the homeless and those in need in the city of Brattleboro, VT, speaks to their commitment to addressing the housing crisis and homelessness issues in the community. Through their efforts, they play a vital role in ensuring that individuals have access to safe and stable housing, as well as the necessary resources to improve their overall well-being.
This information is meant to be a general summary of Groundworks Collaborative Foundation 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: $62
- Gross Receipts: $33,662
Assets and Liabilities:
- Total Assets: $3,296,850
- Total Liabilities: $3,333,301
- Net Assets: -$36,451
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2020
Phone
(802) 257-5415Principal Officer
Joshua Davis
Main Address
81 Royal Road, Brattleboro, VT, 05301
NTEE Category
Code: L41 - Housing
If you are a representative of Groundworks Collaborative Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.