J — EmploymentEIN: 460908502· Ruling Year: 2014

Groundtruth Project Inc

Boston, Massachusetts

B-Health Score
51B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.50×
Peer Median4.74×
💰
$7.5M
Total Revenue
📊
$10.2M
Total Expenses
🏦
$5.1M
Net Assets
📋
$896K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-17.2%
Year-over-year change (2022 → 2023)
Net Margin
-35.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.50
Net assets divided by total expenses
Liabilities-to-Assets
15.0%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$7,537,345↓17%$10,186,968↓20%$5,980,000↓36%
2022$9,104,580↓28%$12,665,341↑12%$9,332,666↓28%
2021$12,726,930↑64%$11,263,930↑33%$12,977,835↑17%
2020$7,773,897↓13%$8,483,771↑96%$11,133,030
2019$8,894,727↑38%$4,335,841↑93%$11,170,353↑83%
2018$6,438,747↑279%$2,249,690↑20%$6,106,812↑235%
2017$1,699,804↑31%$1,873,236↑1%$1,821,760↓10%
2016$1,297,930↓55%$1,848,296↑36%$2,032,476↓20%
2015$2,863,450↑117%$1,358,009↑83%$2,546,444↑149%
2014$1,320,060↑131906%$740,867↑84862%$1,022,374↑150%
2013$1,000$872$408,461↑40846000%
2012$0$0$1

Frequently Asked Questions

What does Groundtruth Project Inc do?▼

Groundtruth Project Inc is a employment nonprofit organization based in Massachusetts. It is classified under NTEE code J22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Groundtruth Project Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Groundtruth Project Inc has a score of 51/100 (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 Groundtruth Project Inc generate?▼

Groundtruth Project Inc reports $16.1M in annual revenue and holds $12.2M in total assets, based on IRS filings.

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