S โ€” Community Improvement & Capacity BuildingEIN: 043546770ยท Ruling Year: 2003

Groundwork Lawrence Inc

Lawrence, Massachusetts

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$4.4M
Total Revenue
๐Ÿ“Š
$4.0M
Total Expenses
๐Ÿฆ
$3.5M
Net Assets
๐Ÿ“‹
$836K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+10.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.89
Net assets divided by total expenses
Liabilities-to-Assets
19.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,433,204โ†‘12%$3,959,075โ†‘18%$4,372,252โ†‘29%
2022$3,954,478โ†“22%$3,351,252โ†“14%$3,384,151โ†‘23%
2021$5,053,626โ†‘62%$3,919,078โ†‘37%$2,750,494โ†‘53%
2020$3,116,056โ†‘28%$2,855,397โ†‘19%$1,795,629โ†‘42%
2019$2,432,547โ†‘9%$2,390,888โ†‘32%$1,268,630
2018$2,226,969โ†‘23%$1,808,510โ†‘8%$1,266,974โ†‘41%
2017$1,807,331โ†‘39%$1,673,802โ†‘29%$896,140โ†‘42%
2016$1,298,271โ†“14%$1,301,867โ†“16%$632,911โ†“85%
2015$1,504,955โ†“10%$1,557,527โ†‘12%$4,364,437โ†‘182%
2014$1,677,990โ†‘58%$1,389,798โ†‘36%$1,546,070โ†‘236%
2013$1,062,660โ†“61%$1,024,584โ†“63%$459,583โ†“51%
2012$2,738,218โ†‘76%$2,739,630โ†‘116%$929,227โ†‘37%
2011$1,559,485$1,269,295$678,319

Frequently Asked Questions

What does Groundwork Lawrence Inc do?โ–ผ

Groundwork Lawrence Inc is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Groundwork Lawrence Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Groundwork Lawrence Inc has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Groundwork Lawrence Inc generate?โ–ผ

Groundwork Lawrence Inc reports $3.9M in annual revenue and holds $3.9M in total assets, based on IRS filings.

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Groundwork Lawrence Inc โ€” Lawrence, MA | GiveScope