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Nonprofit · EIN 27-0201126

GROUNDSWELL INC

Tax-exempt · WASHINGTON, DC 20003

Financials

$7.3M$6.1M2023$8.6M$6.3M2024
Revenue Expenses · by fiscal year end
Financials of GROUNDSWELL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,552,781$6,257,011$2,295,770$6,061,141$165,743$5,895,398
December 31, 2023990$7,309,534$6,091,061$1,218,473$3,708,591$108,963$3,599,628
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,379,706
of which government grants
$978,590
Program service revenue
$172,024
Investment income
$993
Other revenue
$58

Expenses

Grants and similar amounts paid
$104,505
Compensation of officers, directors and key employees
$540,946
Other salaries and wages
$2,534,811
Salaries, compensation and benefits (total)
$3,702,989
Professional fundraising fees
$0
Legal fees
$44,820
Accounting fees
$116,526
Occupancy
$102,522
Travel
$190,274
Depreciation
$11,418
Program services (functional)
$2,711,342
Management and general (functional)
$3,545,669

Balance sheet and other

Total assets, start of year
$3,708,591
Total assets, end of year
$6,061,141
Total liabilities, end of year
$165,743
Net assets, end of year
$5,895,398
Land, buildings and equipment
$5,848
Net assets without donor restrictions
$2,608,146
Net assets with donor restrictions
$3,287,252
Gross receipts
$8,552,781
Employees
35
Volunteers
7
Year formed
2009
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LORI MICHELLE MOORECHIEF EXECUT
Officer
40$299,273$33,562
DAVID ABRAMSCHIEF OPERAT
Officer
40$241,673$25,923
KRISTAL VIRGILVP FINANCE I
Highest-paid employee
40$159,623$15,414
MARINA SARGSYANDIR. OF COMP
Highest-paid employee
40$155,000$2,295
ELVIS MOLEKAVP LABS, DAT
Highest-paid employee
40$130,199$23,358
DAN LIMBAGOSR VP MARKET
Highest-paid employee
40$149,720$1,787
DAVID WRIGHTVP TECH SERV
Highest-paid employee
40$120,751$23,412
ANNIE DONOVANDIRECTOR
Trustee or director
2$0$0
CHARLES IMOHIOSENCHAIR
Trustee or director, Officer
2$0$0
RAJ KRISHNAMURTHYDIRECTOR
Trustee or director
2$0$0
HAROLD MITHCELLDIRECTOR
Trustee or director
–$0$0
NELSON REYNERIDIRECTOR
Trustee or director
2$0$0
BRYCE SCHONBERGERTREASURER
Trustee or director, Officer
2$0$0
MARISA UCHINDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
LORI MICHELLE MOORECHIEF EXECUTIVE OFFICER
Officer
40$225,000$30,383
DAVID ABRAMS CAECHIEF OPERATING OFFICER
Officer
40$210,000$9,490
KRISTAL VIRGILVP, FINANCE, IT AND DEVELO
Highest-paid employee
40$135,000$6,840
ELVIS MOLEKAVP, LABS AND DATA SCIENCE
Highest-paid employee
40$130,000$6,640
RASHAD WILLIAMSDIRECTOR OF SUBSCRIBER SERVICES
Highest-paid employee
40$110,000$1,990
ANNIE DONOVANCHAIR
Trustee or director, Officer
2.5$0$0
BRYCE SCHONBERGERTREASURER
Trustee or director, Officer
2.5$0$0
HAROLD MITCHELL JRDIRECTOR
Trustee or director, Officer
2.5$0$0
CHARLES IMOHIOSENDIRECTOR
Trustee or director
1$0$0
RAJ KRISHNAMURTHYDIRECTOR
Trustee or director
1$0$0
MARISA UCHINDIRECTOR
Trustee or director
1$0$0
NELSON REYNERIDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
80 M STREET SE 1ST FLOOR, WASHINGTON, DC 20003-3550
Principal officer (990 for 2024)
LORI MICHELLE MOORE, 80 M STREET, WASHIGNTON, DC 20003
Signed the 990
LORI MICHELLE MOORE, CHIEF EXECUTIVE OFF.
Phone
(202) 505-3051
Return prepared by
DELEON & STANG CPAS AND ADVISORS

Mission

GROUNDSWELL BUILDS COMMUNITY POWER BY ENABLING NEIGHBORS TO WORK TOGETHER TO SHARE POWER THROUGH COMMUNITY SOLAR. WE CONNECT SOLAR POWER TO ECONOMIC EMPOWERMENT BY DEVELOPING EQUITABLE COMMUNITY SOLAR PROJECTS AND DELIVERING SUBSCRIBER MANAGEMENT PROGRAMS. OUR COMMUNITY SOLAR PROJECTS DELIVER ENERGY SAVINGS TO LOW INCOME HOUSEHOLDS, BUILD COMMUNITY WEALTH, AND SUPPORT LOCAL JOBS.

990 for the year ended December 31, 2024

Program accomplishments

  • ENERGY AND DEVELOPMENT PROGRAMS GROUNDSWELL WORKS IN THE RAPIDLY EMERGING FIELDS OF COMMUNITY SOLAR AND ENERGY EQUITY TO PROVIDE ACCESS TO AFFORDABLE CLEAN ENERGY TO HOUSEHOLDS THAT ARE CURRENTLY EXCLUDED FROM PARTICIPATING IN SOLAR SAVINGS BECAUSE OF LOW CREDIT SCORES AND OTHER FINANCIAL BARRIERS. WE WORK WITH MUNICIPALITIES, CONGREGATIONS, LOCAL UTILITIES, AND OTHER PARTNERS TO DEVELOP, BUILD, AND MANAGE SOLAR PROJECTS THAT ALIGN THE VALUE OF SOLAR WITH COMMUNITY VALUES. WE COLLABORATE WITH LOCAL PARTNERS TO DELIVER RELATED JOB TRAINING, ENERGY EFFICIENCY, AND OTHER ALIGNED COMMUNITY BENEFITS TO MAXIMIZE THE IMPACT OF OUR WORK.GROUNDSWELL HAS DEVELOPED A REPLICABLE, SCALABLE MODEL FOR SHARING POWER WITH EQUITABLE COMMUNITY SOLAR THAT WORKS ACROSS MULTIPLE STATES. WE PARTNER WITH LOCAL NONPROFITS TO EXPAND OUR WORK INTO EMERGING STATE COMMUNITY SOLAR MARKETS. WE ARE CURRENTLY WORKING WITH MULTIPLE LOCAL PARTNERS IN THE DISTRICT OF COLUMBIA, GEORGIA, MARYLAND, AND NEW YORK STATE AND ARE EXPANDING OUR PROGRAM IN HAWAII AND ILLINOIS. GROUNDSWELL IS BUILDING EQUITABLE COMMUNITY SOLAR PROJECTS IN THE DISTRICT OF COLUMBIA AND IN MARYLAND THAT WILL PROVIDE MORE THAN 1.5 MILLION IN ELECTRICITY COST RELIEF TO LOW INCOME HOUSEHOLDS IN THE REGION. WE ARE COLLABORATING WITH WASHINGTON DC AND THE CITY OF BALTIMORE TO IMPLEMENT MUNICIPAL PROGRAMS THAT DELIVER ELECTRICITY COST REDUCTIONS THROUGH SOLAR POWER. WE ARE FURTHER WORKING WITH THE CITY OF BALTIMORE TO DEPLOY SOLAR AND ENERGY STORAGE SOLUTIONS TO SUPPORT LOCAL COMMUNITY RESILIENCE. WE ARE ALSO WORKING WITH LOCAL NONPROFIT PARTNERS AND MUNICIPAL UTILITIES IN GEORGIA TO DELIVER SOLAR PROJECTS AND RELATED LOW-INCOME ENERGY EFFICIENCY PROGRAMS THAT WILL DELIVER ELECTRICITY COST RELIEF AND OTHER COMMUNITY ECONOMIC DEVELOPMENT BENEFITS TO LOW-INCOME COMMUNITIES.IN PURSUIT OF OUR MISSION, GROUNDSWELL ALSO PROVIDES SERVICE DIRECTLY TO LOWINCOME HOUSEHOLDS. WE ENROLL, DELIVER CUSTOMER SUPPORT, AND PROVIDE ONGOING BENCHMARKING AND REPORTING ON SAVINGS AND OTHER METRICS TO COMMUNITY SOLAR SUBSCRIBERS.
    Expenses $2,711,342 · grants $104,505 · revenue $172,074

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-0201126
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C35)
Assets (IRS master file)
$6,061,141
Income (IRS master file)
$8,552,781

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,552,781$6,257,011$6,061,141XML
990December 2023$7,309,534$6,091,061$3,708,591XML
990December 2022$3,736,520$3,721,886$2,571,899IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0201126).

Questions about GROUNDSWELL INC

What is the EIN of GROUNDSWELL INC?
The employer identification number (EIN) of GROUNDSWELL INC is 27-0201126.
Is GROUNDSWELL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to GROUNDSWELL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GROUNDSWELL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GROUNDSWELL INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GROUNDSWELL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GROUNDSWELL INC?
The 990 for the year ended December 31, 2024 names LORI MICHELLE MOORE.
Who are the officers and directors of GROUNDSWELL INC?
The 990 for the year ended December 31, 2024 lists 14 people; 7 received compensation from the organization, the highest $299,273 (LORI MICHELLE MOORE, CHIEF EXECUT).
How much revenue does GROUNDSWELL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,552,781, expenses of $6,257,011 and total assets of $6,061,141 at year end.

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