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Groundwater Solutions Inc

Charlotte, North Carolina · EIN 83-4352019 · Community Improvement · tax-exempt since 2019

F

Charity Clarity grade F (score 25.4 of 100), based on the Form 990 for the year ended December 2021.

Graded against 18,372 community improvement nonprofits with revenue $500K–$2M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.0.0 months0
GovernanceBoard independence, key policies and audit, per the 990.26% of practices26
Margin stabilityHow steady the surplus or deficit is year to year.90
Revenue spreadHow much revenue rests on one type of income.100% from one source10
Filing recordOn-time, complete filings, year after year.0%0

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20202021grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Dec 2021Form 990$640K$652K−$12K$00.00F
Dec 2020Form 990$0$0$0$0—0F

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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