GROUNDWORK RHODE ISLAND

PAWTUCKET, RI, 02860-7804 (401) 305-7174 Est. 1983 EIN 05-0397766

C50— Environment Form 990 501(c)(3)

Mission

GROUNDWORK RHODE ISLAND (GWRI) IS A COMMUNITY-BASED ORGANIZATION HELPING BUILD HEALTHIER, MORE RESILIENT, AND MORE EQUITABLE URBAN COMMUNITIES IN RHODE ISLAND BY IMPROVING THE PHYSICAL ENVIRONMENT AND CREATING ECONOMIC OPPORTUNITIES FOR LOCAL RESIDENTS THROUGH JOB TRAINING, EMPLOYMENT, AND SOCIAL VENTURE PROGRAMS.

Financials

Total Revenue

$1,262,657

Total Expenses

$1,197,859

Net Assets

$567,022

37 employees 50 volunteers

From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve

5.7 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 2.7%

Expenses ↑ 48.7%

Revenue Sources

Contributions 75.4% Earned revenue 23.9% Other 1.0%

Expense Breakdown

Program 92.9% Management 7.1%

Officers & Key Employees (10)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2022 Form 990	$1,262,657 ↑	$1,197,859	$567,022
2021 Form 990	$1,229,363 ↑	$805,674	$498,925
2020 Form 990	$555,184 ↑	$543,147	$77,813
2019 Form 990	$443,490 ↓	$458,217	$59,719
2018 Form 990	$448,458 ↑	$470,277	$74,446
2017 Form 990	$293,290	$393,528	$96,265