Groundwork Hudson Valley Inc
Groundwork Hudson Valley Inc. maintains strong asset growth and zero reported officer compensation despite recent minor operating deficits.
EIN: 113579493 · Yonkers, NY · NTEE: T20 · Updated: 2026-03-28
Is Groundwork Hudson Valley Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Groundwork Hudson Valley Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Groundwork Hudson Valley Inc
Groundwork Hudson Valley Inc (EIN: 113579493) is a nonprofit organization based in Yonkers, NY, classified under NTEE code T20. The organization reported total revenue of $1.8M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Groundwork Hudson Valley Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Groundwork Hudson Valley Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Groundwork Hudson Valley Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Groundwork Hudson Valley Inc. consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries. This is highly commendable for an organization of its size, with revenues consistently over $1 million, and suggests a strong commitment to directing resources to programmatic activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Groundwork Hudson Valley Inc's IRS 990 filings:
- Operating deficit in 2023 ($1,756,596 revenue vs. $1,861,469 expenses) and 2022 ($1,540,679 revenue vs. $1,822,652 expenses), indicating expenses exceeded revenue in the last two reported periods.
Strengths
The following positive indicators were identified for Groundwork Hudson Valley Inc:
- Consistent reporting of 0% officer compensation across all 14 filings, indicating high efficiency and dedication to mission.
- Significant long-term asset growth, from $261,781 in 2015 to $1,952,104 in 2023, demonstrating strong financial management.
- Healthy asset-to-liability ratio, with assets consistently far exceeding liabilities, indicating financial stability.
- Consistent revenue generation above $1 million for over a decade, showing sustained support and operational capacity.
Frequently Asked Questions about Groundwork Hudson Valley Inc
Is Groundwork Hudson Valley Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Groundwork Hudson Valley Inc (EIN: 113579493) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Groundwork Hudson Valley Inc spend its money?
Groundwork Hudson Valley Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Groundwork Hudson Valley Inc tax-deductible?
Groundwork Hudson Valley Inc is registered as a tax-exempt nonprofit (EIN: 113579493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Groundwork Hudson Valley Inc. a good charity?
Based on the available financial data, Groundwork Hudson Valley Inc. appears to be a good charity. It demonstrates strong asset growth, consistent revenue generation, and a remarkable commitment to directing funds to its mission by reporting 0% officer compensation for over a decade. While there was a slight operating deficit in 2023, its long-term financial health and efficiency indicators are positive.
How has Groundwork Hudson Valley Inc.'s financial health changed over time?
Groundwork Hudson Valley Inc. has shown significant financial growth and stability over the past decade. Its assets have increased substantially from $261,781 in 2015 to $1,952,104 in 2023. While revenue and expenses fluctuate year-to-year, the overall trend indicates a growing and well-managed organization, with liabilities remaining a small fraction of assets.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative and mission-focused, as evidenced by the consistent reporting of 0% officer compensation in all 14 available IRS 990 filings. This suggests that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, or that the organization prioritizes direct program spending.
Filing History
IRS 990 filing history for Groundwork Hudson Valley Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Groundwork Hudson Valley Inc's revenue has grown by 52.7%, moving from $1.2M to $1.8M. Total assets increased by 520.8% over the same period, from $314K to $2.0M. Total functional expenses rose by 59.2%, from $1.2M to $1.9M. In its most recent filing year (2023), Groundwork Hudson Valley Inc reported a deficit of $105K, with expenses exceeding revenue. The organization holds $101K in liabilities against $2.0M in assets (debt-to-asset ratio: 5.2%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $2.0M | $101K | — | — |
| 2022 | $1.5M | $1.8M | $2.2M | $237K | — | — |
| 2021 | $2.1M | $1.5M | $2.4M | $126K | — | View 990 |
| 2020 | $1.3M | $1.2M | $1.7M | $41K | — | — |
| 2019 | $1.5M | $1.3M | $1.6M | $38K | — | View 990 |
| 2018 | $2.2M | $1.6M | $1.6M | $276K | — | View 990 |
| 2017 | $1.8M | $1.5M | $1.1M | $426K | — | — |
| 2016 | $1.8M | $1.6M | $695K | $247K | — | View 990 |
| 2015 | $1.4M | $1.5M | $262K | $117K | — | View 990 |
| 2014 | $1.3M | $1.2M | $312K | $227K | — | View 990 |
| 2013 | $923K | $923K | $327K | $282K | — | View 990 |
| 2012 | $996K | $1.0M | $271K | $227K | — | View 990 |
| 2011 | $949K | $947K | $244K | $187K | — | View 990 |
| 2010 | $1.2M | $1.2M | $314K | $250K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $2.0M (revenue +14.0% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.8M, and assets of $2.2M (revenue -27.4% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.5M, and assets of $2.4M (revenue +63.1% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $1.7M (revenue -15.4% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.3M, and assets of $1.6M (revenue -31.0% year-over-year).
- 2018: Revenue of $2.2M, expenses of $1.6M, and assets of $1.6M (revenue +24.1% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.5M, and assets of $1.1M (revenue -1.9% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.6M, and assets of $695K (revenue +30.1% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.5M, and assets of $262K (revenue +11.2% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.2M, and assets of $312K (revenue +37.2% year-over-year).
- 2013: Revenue of $923K, expenses of $923K, and assets of $327K (revenue -7.3% year-over-year).
- 2012: Revenue of $996K, expenses of $1.0M, and assets of $271K (revenue +5.0% year-over-year).
- 2011: Revenue of $949K, expenses of $947K, and assets of $244K (revenue -17.5% year-over-year).
- 2010: Revenue of $1.2M, expenses of $1.2M, and assets of $314K.
Data Sources and Methodology
This transparency report for Groundwork Hudson Valley Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.