Nonprofit · EIN 93-1682003
GROUNDSWELL NETWORK INC
Tax-exempt · BROOKLYN, NY 11231
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $753,613 | $935,130 | -$181,517 | $185,449 | $216,966 | -$31,517 |
| June 30, 2024 | 990 | $546,270 | $316,208 | $230,062 | $230,165 | $103 | $230,062 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $744,426
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $9,187
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $175,000
- Salaries, compensation and benefits (total)
- $223,882
- Professional fundraising fees
- $0
- Accounting fees
- $31,041
- Travel
- $23,926
- Program services (functional)
- $575,976
- Management and general (functional)
- $212,166
- Fundraising (functional)
- $146,988
Balance sheet and other
- Total assets, start of year
- $230,165
- Total assets, end of year
- $185,449
- Total liabilities, end of year
- $216,966
- Net assets, end of year
- -$31,517
- Net assets without donor restrictions
- -$170,436
- Net assets with donor restrictions
- $138,919
- Gross receipts
- $753,613
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2023
- State of legal domicile
- NY
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREG LIPPMAN | CEO/DIRECTOR Trustee or director, Officer | 40 | $387,086 |
| HEATHER D WATHINGTON | PRESIDENT Trustee or director, Officer | 2 | $0 |
| KAREN GORDON | SECRETARY Trustee or director, Officer | 1 | $0 |
| JIM KOSHLAND | TREASURER Trustee or director, Officer | 0.5 | $0 |
| EMILY FREITAG | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Greg Lippman | CEO Trustee or director, Officer | 40 | $159,584 |
| Heather D Wathington | President Trustee or director, Officer | 2 | $0 |
| Karen Gordon | Secretary Trustee or director, Officer | 1 | $0 |
| Jim Koshland | Treasurer Trustee or director, Officer | 0.5 | $0 |
| Emily Freitag | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 249 SMITH ST PMB 135, BROOKLYN, NY 11231-4740
- In care of
- % GREGORY LIPPMAN
- Principal officer (990 for 2024)
- GREG LIPPMAN, 282 SACKETT ST APT 4, BROOKLYN, NY 11231
- Signed the 990
- GREG LIPPMAN, CHIEF EXECUTIVE OFFICER
- Phone
- (408) 921-3750
- Return prepared by
- CERINI & ASSOCIATES LLP
Mission
GROUNDSWELL NETWORKS MISSION IS TO ENSURE THAT SCHOOLS DEMONSTRATING THE GREATEST IMPACT WITH OUR COUNTRYS MOST UNDERSERVED STUDENTS ARE IDENTIFIED, STRENGTHENED, AND SCALED.
Program accomplishments
- THE ORGANIZATION IS A NATIONAL NETWORK OF EDUCATORS, COMMUNITY LEADERS, POLICY EXPERTS, AND ADVOCATES COMMITTED TO EXPANDING ACCESS TO HIGH-QUALITY OPPORTUNITY SCHOOLS. THEY ARE UNITED BY THE BELIEF THAT STUDENTS FURTHEST FROM OPPORTUNITY DESERVE SCHOOLS DESIGNED FOR THEIR SUCCESS. BY SHARING BEST PRACTICES AND DRIVING INNOVATION, GROUNDSWELL NETWORK WORKS TO TRANSFORM PUBLIC EDUCATIONDEVELOPING ACCOUNTABILITY AND PERFORMANCE FRAMEWORKS, AND ELEVATING THE ROLE OF STRONG RELATIONSHIPS IN DRIVING STUDENT SUCCESS. OUR FOCUS IS ON STUDENTS AT HIGHEST RISK OF NOT COMPLETING HIGH SCHOOL, INCLUDING STUDENTS CHRONICALLY ABSENT, TRUANT, AND STUDENTS INVOLVED IN THE JUVENILE JUSTICE OR FOSTER CARE SYSTEMS IN TENNESSEE, IT LED EFFORTS TO PASS A LAW CREATING "OPPORTUNITY SCHOOLS," LAUNCHED THE STATE'S FIRST ALTERNATIVE CHARTER HIGH SCHOOL, AND HOSTED A NATIONAL CONVENING OF INNOVATIVE EDUCATORS. NATIONALLY, GROUNDSWELL PUBLISHED A FRAMEWORK FOR SUCCESSFUL ALTERNATIVE SCHOOLS, ORGANIZED BEST-PRACTICE COHORTS IN NEW YORK CITY, AND PARTNERED WITH CALIFORNIA'S STUART FOUNDATION TO IMPROVE SUCCESS METRICS FOR NEARLY 1,000 ALTERNATIVE SCHOOLS.Expenses $575,976
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 93-1682003
- 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
- 2023
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $185,449
- Income (IRS master file)
- $753,613
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $753,613 | $935,130 | $185,449 | XML |
| 990 | June 2024 | $546,270 | $316,208 | $230,165 | XML |
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 93-1682003).
Questions about GROUNDSWELL NETWORK INC
- What is the EIN of GROUNDSWELL NETWORK INC?
- The employer identification number (EIN) of GROUNDSWELL NETWORK INC is 93-1682003.
- Is GROUNDSWELL NETWORK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to GROUNDSWELL NETWORK INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GROUNDSWELL NETWORK 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 NETWORK INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GROUNDSWELL NETWORK INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GROUNDSWELL NETWORK INC?
- The 990 for the year ended June 30, 2025 names GREG LIPPMAN.
- Who are the officers and directors of GROUNDSWELL NETWORK INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $387,086 (GREG LIPPMAN, CEO/DIRECTOR).
- How much revenue does GROUNDSWELL NETWORK INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $753,613, expenses of $935,130 and total assets of $185,449 at year end.
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