Grounded Solutions Network
- Assets
- $18.3m
- Revenue
- $15.9m
- Investments
- $0.0
- Employees
- 29
- Location
- Oakland, CA
- Founding
- 04/2008
- Data as of
- 12/2023
- EIN
- 20-5513684
Organization Overview
Grounded Solutions Network is located in Oakland, CA. The organization was established in 2008. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2023, Grounded Solutions Network employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grounded Solutions Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Grounded Solutions Network generated $15.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 30.3% each year . All expenses for the organization totaled $6.3m during the year ending 12/2023. While expenses have increased by 17.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Grounded Solutions Network has awarded 45 individual grants totaling $2,748,587. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO CULTIVATE COMMUNITIES - EQUITABLE, INCLUSIVE, AND RICH IN OPPORTUNITY - BY ADVANCING AFFORDABLE HOUSING SOLUTIONS THAT LAST FOR GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TECHNICAL ASSISTANCE PROGRAM PROVIDES TECHNICAL ASSISTANCE, TRAINING, TOOLS, AND RESOURCES TO NONPROFITS AND PUBLIC AGENCIES TO HELP SCALE THE FIELD OF HOUSING PROGRAMS WITH LASTING AFFORDABILITY.
OTHER PROGRAM SERVICES INCLUDE NATIONAL POLICY, RESEARCH, AND THE NATIONAL CONFERENCE.
THE TRAINING & MEMBER SERVICES TEAM PROVIDES PROVIDES VIRTUAL AND IN-PERSON TRAINING, TOOLS AND RESOURCES TO THE HOUSING WITH LASTING AFFORDABILITY FIELD, INCLUDING THROUGH OUR NATIONAL CONFERENCE AND PROVIDING RELEVANT TOOLS AND TRAINING TO OUR MEMBERS, AS A NATIONAL MEMBERSHIP ORGANIZATION.
THE INNOVATIVE FINANCE PROGRAM DEVELOPS CAPITAL SOLUTIONS AND REAL ESTATE STRATEGIES TO HELP THE FIELD OF SHARED EQUITY HOUSING PROGRAMS SCALE THEIR PORTFOLIOS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Bynum Board Member | Trustee | 1 | $0 |
Lisa Varon Board Member | Trustee | 1 | $0 |
Jacob Noonan Board Member | Trustee | 1 | $0 |
Andreanecia Morris Board Member | Trustee | 1 | $0 |
Michael Monte Board Member | Trustee | 1 | $0 |
Fathia Macauley Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northwest Clt Coalition Wa State Ta | 12/30/23 | $201,955 |
Up For Growth National Coalition Program Research | 12/30/23 | $210,000 |
Hyatt Corporation (Grand Champions Llc Ceo Circle Host Venue | 12/30/23 | $143,455 |
Koya Leadership Partners Llc Recruitment | 12/30/23 | $122,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $134,141 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,918,746 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,052,887 |
| Total Program Service Revenue | $2,481,706 |
| Investment income | $414,469 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,949,062 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $119,880 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $617,756 |
| Compensation of current officers, directors, key employees. | $59,134 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,281,722 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $357,210 |
| Payroll taxes | $223,656 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $79,740 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $18,750 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,624,838 |
| Advertising and promotion | $0 |
| Office expenses | $401,302 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $84,579 |
| Travel | $150,739 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $277,028 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $50,155 |
| Total functional expenses | $6,287,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,852 |
| Savings and temporary cash investments | $15,227,207 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $936,522 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $106,107 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,822,880 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,400 |
| Total assets | $18,278,968 |
| Accounts payable and accrued expenses | $292,812 |
| Grants payable | $0 |
| Deferred revenue | $705,039 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $997,851 |
| Net assets without donor restrictions | $15,309,560 |
| Net assets with donor restrictions | $1,971,557 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $18,278,968 |
Grants Awarded
Over the last fiscal year, Grounded Solutions Network has awarded $110,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HABITAT FOR HUMANITY PORTLAND REGION PURPOSE: PROGRAM SUPPORT | $50,000 |
ATLANTA LAND TRUST PURPOSE: PROGRAM SUPPORT | $20,000 |
CHICAGO COMMUNITY LAND TRUST PURPOSE: PROGRAM SUPPORT | $20,000 |
HOUSTON COMMUNITY LAND TRUST PURPOSE: PROGRAM SUPPORT | $20,000 |