Groundwork Somerville Inc
Somerville, Massachusetts
A-Health Score
77A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$625K
Total Revenue
📊
$499K
Total Expenses
🏦
$252K
Net Assets
📋
$32K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+66.1%
Year-over-year change (2022 → 2023)
Net Margin
+20.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.51
Net assets divided by total expenses
Liabilities-to-Assets
11.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $625,053↑66% | $498,747↑73% | $284,199↑81% | |
| 2022 | $376,283↑13% | $288,102↓1% | $156,870↑133% | — |
| 2021 | $332,492↑61% | $292,057↑61% | $67,362↑35% | — |
| 2020 | $206,085↓32% | $181,017↓34% | $49,976↓53% | — |
| 2019 | $304,468↓18% | $274,710↓26% | $106,822↓15% | — |
| 2018 | $371,157↓12% | $373,332↓19% | $125,713↑56% | — |
| 2017 | $420,743↑2% | $459,135↑16% | $80,842↑71% | — |
| 2016 | $412,128↑11% | $396,193↑8% | $47,352↓19% | — |
| 2015 | $371,064↑34% | $368,536↑36% | $58,129↑27% | — |
| 2014 | $277,251↓14% | $271,624↓18% | $45,794↑6% | — |
| 2013 | $321,199↓18% | $329,993↓12% | $43,277↓5% | — |
| 2012 | $390,012↓10% | $376,270↓18% | $45,432↑87% | — |
| 2011 | $431,574 | $457,041 | $24,281 | — |
Frequently Asked Questions
What does Groundwork Somerville Inc do?▼
Groundwork Somerville Inc is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Groundwork Somerville Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Groundwork Somerville Inc.
How much revenue does Groundwork Somerville Inc generate?▼
Groundwork Somerville Inc reports $608K in annual revenue and holds $306K in total assets, based on IRS filings.
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