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Grassroots Business Partners Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: International, Foreign Affairs and National Security / International Economic Development (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$5.37M (2023)

Expenses
$2.3M (2023)

Total Assets
$19.4M (2023)

Total Liabilities
$19.8M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,368,779
Expenses
$2,302,556
Net Income
$3,066,223
Net Assets
-$365,902
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,977,525
92.7%
Program Services $324,867
6.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $66,387
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $311,376
13.5%
Professional Fundraising Fees $0
Other Salaries and Wages $248,110
10.8%
Assets/Debt
Total Assets $19,393,958
Total Liabilities $19,759,860
Net Assets -$365,902
Compensation
Key Employees and Officers Compensation Related Other
Jaime Ramirez Thru Dec 2022 (Chief Investment Officer/Coo) $113,499 $0 $12,423
Lilian Mramba (Chief Investment Officer/Coo) $111,054 $0 $15,836
Harold Rosen (Chief Executive Officer) $99,761 $0 $5,644
Mary Houghton (Chairman Of The Board) $0 $0 $0
Andrew Adelson (Director) $0 $0 $0
Holly Wise (Director) $0 $0 $0
Zoe Dean Smith (Director) $0 $0 $0
Guillermo Ferreyros (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,150,242
Expenses
$1,852,503
Net Income
-$702,261
Net Assets
-$3,417,128
Notable Sources of Revenue Percent of Total Revenue
Contributions $333,175
29.0%
Program Services $762,306
66.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $54,761
4.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $483,936
26.1%
Professional Fundraising Fees $0
Other Salaries and Wages $189,417
10.2%
Assets/Debt
Total Assets $3,903,821
Total Liabilities $7,320,949
Net Assets -$3,417,128
Compensation
Key Employees and Officers Compensation Related Other
Lilian Mramba (Regional Director) $184,343 $0 $15,836
Jaime Ramirez (Chief Information Officer) $128,995 $0 $12,423
Harold Rosen (Ceo) $99,128 $0 $5,644
Mary Houghton (Chairman Of The Board) $0 $0 $0
Andrew Adelson (Director) $0 $0 $0
Holly Wise (Director) $0 $0 $0
Zoe Dean Smith (Director) $0 $0 $0
Guillermo Ferreyros (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,765,853
Expenses
$5,688,012
Net Income
-$2,922,159
Net Assets
-$2,512,958
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,208,419
43.7%
Program Services $1,556,649
56.3%
Investment Income $785
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $330,522
5.8%
Professional Fundraising Fees $0
Other Salaries and Wages $373,009
6.6%
Assets/Debt
Total Assets $4,894,378
Total Liabilities $7,407,336
Net Assets -$2,512,958
Compensation
Key Employees and Officers Compensation Related Other
Jaime Ramirez (Coo/Cio) $191,537 $0 $36,822
Lilian Mramba (Regional Director) $153,300 $0 $36,097
Harold Rosen (Ceo) $99,128 $0 $5,624
Mary Houghton (Chairman Of The Board) $0 $0 $0
Andrew Adelson (Director) $0 $0 $0
Holly Wise (Director) $0 $0 $0
Zoe Dean Smith (Director) $0 $0 $0
Guillermo Ferreyros (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,968,291
Expenses
$2,323,562
Net Income
-$355,271
Net Assets
$347,624
Notable Sources of Revenue Percent of Total Revenue
Contributions $420,000
21.3%
Program Services $1,548,239
78.7%
Investment Income $52
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $515,575
22.2%
Professional Fundraising Fees $0
Other Salaries and Wages $592,002
25.5%
Assets/Debt
Total Assets $899,905
Total Liabilities $552,281
Net Assets $347,624
Compensation
Key Employees and Officers Compensation Related Other
Jaime Ramirez (Coo/Cio) $191,537 $0 $46,607
Lilian Mramba (Regional Director) $153,300 $0 $43,843
Harold Rosen (Ceo) $99,128 $0 $10,581
Mary Houghton (Chairman Of The Board) $0 $0 $0
Andrew Adelson (Director) $0 $0 $0
Holly Wise (Director) $0 $0 $0
Zoe Dean Smith (Director) $0 $0 $0
Mwaghazi Mwachofi Thru 122019 (Director) $0 $0 $0
Guillermo Ferreyros (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,510,623
Expenses
$2,247,080
Net Income
$263,543
Net Assets
$727,649
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,026,804
40.9%
Program Services $1,490,713
59.4%
Investment Income $251
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income -$7,145
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $275,879
12.3%
Professional Fundraising Fees $0
Other Salaries and Wages $763,918
34.0%
Assets/Debt
Total Assets $1,031,007
Total Liabilities $303,358
Net Assets $727,649
Compensation
Key Employees and Officers Compensation Related Other
Jaime Ramirez (Coo/Cio) $156,357 $0 $43,008
Natalia Barantseva (Regional Director) $152,630 $0 $21,522
Lilian Mramba (Regional Director) $140,160 $0 $41,317
Harold Rosen (Ceo) $140,012 $0 $14,503
Julio Ayca (Portfolio Manager) $116,397 $0 $8,856
Mary Houghton (Chairman Of The Board) $0 $0 $0
Holly Wise (Director) $0 $0 $0
Zoe Dean Smith (Director) $0 $0 $0
Mwaghazi Mwachofi (Director) $0 $0 $0
Guillermo Ferreyros (Director) $0 $0 $0
Andrew Adelson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,434,771
Expenses
$2,663,233
Net Income
-$1,228,462
Net Assets
$476,526
Notable Sources of Revenue Percent of Total Revenue
Contributions $71,590
5.0%
Program Services $1,379,028
96.1%
Investment Income $1,584
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income -$17,431
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $287,927
10.8%
Professional Fundraising Fees $0
Other Salaries and Wages $774,343
29.1%
Assets/Debt
Total Assets $733,624
Total Liabilities $257,098
Net Assets $476,526
Compensation
Key Employees and Officers Compensation Related Other
Jaime Ramirez (Chief Operating/Investment Officer) $156,357 $0 $24,959
Natalia Barantseva (Regional Director) $149,059 $0 $17,701
Lilian Mramba (Regional Director) $144,789 $0 $26,080
Harold Rosen (Chief Executive Officer) $144,561 $0 $8,458
Julio Ayca (Portfolio Manager) $103,703 $0 $7,674
Andrew Adelson (Chairman Of The Board) $0 $0 $0
Holly Wise (Director) $0 $0 $0
Zoe Dean Smith (Director) $0 $0 $0
Mwaghazi Mwachofi (Director) $0 $0 $0
Guillermo Ferreyros (Director) $0 $0 $0
Mary Houghton (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,858,235
Expenses
$2,883,713
Net Income
-$1,025,478
Net Assets
$1,731,868
Notable Sources of Revenue Percent of Total Revenue
Contributions $130,861
7.0%
Program Services $1,722,265
92.7%
Investment Income $3,668
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,441
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $386,747
13.4%
Professional Fundraising Fees $0
Other Salaries and Wages $993,737
34.5%
Assets/Debt
Total Assets $2,079,100
Total Liabilities $347,232
Net Assets $1,731,868
Compensation
Key Employees and Officers Compensation Related Other
Harold Rosen (Chief Executive Officer) $199,868 $0 $9,913
Jaime Ramirez (Coo/Cio) $156,511 $0 $9,995
Lilian Mramba (Regional Director) $135,149 $0 $13,507
Natalia Barantseva (Regional Director) $129,581 $0 $7,500
Andrew Adelson (Chairman Of The Board) $0 $0 $0
Holly Wise (Director) $0 $0 $0
Zoe Dean Smith (Director) $0 $0 $0
Mwaghazi Mwachofi (Director) $0 $0 $0
Guillermo Ferreyros (Director) $0 $0 $0
Mary Houghton (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,762,452
Expenses
$3,373,496
Net Income
-$1,611,044
Net Assets
$2,822,364
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,845
0.3%
Program Services $1,474,174
83.6%
Investment Income $4,054
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $279,379
15.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $354,612
10.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,277,886
37.9%
Assets/Debt
Total Assets $3,141,263
Total Liabilities $318,899
Net Assets $2,822,364
Compensation
Key Employees and Officers Compensation Related Other
Harold Rosen (Chief Executive Officer) $224,236 $0 $11,058
Jaime Ramirez (Chief Investment Officer) $172,414 $0 $8,721
Natalia Barantseva (Regional Director) $119,899 $0 $3,365
Rebekah Plotkin (Vp, Admin And Finance) $93,464 $0 $4,708
Lilian Mramba (Regional Director) $86,589 $0 $11,606
Andrew Adelson (Chairman Of The Board) $0 $0 $0
Stephen Brenninkmeijer (Director) $0 $0 $0
Mary Houghton (Director) $0 $0 $0
Mwaghazi Mwachofi (Director) $0 $0 $0
Holly Wise (Director) $0 $0 $0
Guillermo Ferreyros (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,429,069
Expenses
$4,192,128
Net Income
-$1,763,059
Net Assets
$5,884,792
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,017,136
41.9%
Program Services $1,472,028
60.6%
Investment Income $2,524
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$62,619
Notable Expenses Percent of Total Expenses
Executive Compensation $472,119
11.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,466,653
35.0%
Assets/Debt
Total Assets $6,227,610
Total Liabilities $342,818
Net Assets $5,884,792
Compensation
Key Employees and Officers Compensation Related Other
Harold Rosen (Chief Executive Officer) $265,438 $0 $14,686
Jaime Ramirez (Chief Investment Officer) $206,299 $0 $10,536
Alycia Kellman (Vp, Legal, Compl & Hr) $156,975 $0 $8,035
Natalia Barantseva (Regional Director) $131,943 $0 $4,161
Lilian Mramba (Regional Director) $112,996 $0 $6,988
Rebekah Plotkin (Vp, Admin And Finance) $111,005 $0 $5,635
Eric Meissner (Senior Ta Coordinator) $108,196 $0 $5,478
Stephen Brenninkmeijer (Director) $0 $0 $0
Holly Wise (Director) $0 $0 $0
Andrew Adelson (Chairman Of The Board) $0 $0 $0
Mwaghazi Mwachofi (Director) $0 $0 $0
Mary Houghton (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,789,065
Expenses
$4,459,449
Net Income
-$1,670,384
Net Assets
$12,479,632
Notable Sources of Revenue Percent of Total Revenue
Contributions $999,387
35.8%
Program Services $1,896,619
68.0%
Investment Income $1,696
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$166,170
Net Inventory Sales $0
Other Revenue $57,533
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $694,145
15.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,098,828
24.6%
Assets/Debt
Total Assets $12,989,555
Total Liabilities $509,923
Net Assets $12,479,632
Compensation
Key Employees and Officers Compensation Related Other
Harold Rosen (Chief Executive Officer) $235,869 $0 $13,021
Robert Webster (Former Coo, See Sch. J Page 38) $197,456 $0 $22,567
Jaime Ramirez (Chief Investment Officer) $167,826 $0 $21,860
Alycia Kellman (Vp, Legal, Compl & Hr) $132,836 $0 $12,087
Natalia Barantseva (Lat Am Regional Manager) $117,618 $0 $11,893
Lilian Mramba (Africa Regional Manager) $111,609 $0 $12,566
Stephen Brenninkmeijer (Director) $0 $0 $0
Holly Wise (Director) $0 $0 $0
Andrew Adelson (Chairman Of The Board) $0 $0 $0
Mwaghazi Mwachofi (Director) $0 $0 $0
Mary Houghton (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,384,521
Expenses
$4,686,546
Net Income
-$2,302,025
Net Assets
$14,140,048
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,027,167
43.1%
Program Services $1,506,867
63.2%
Investment Income $1,526
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$232,296
Net Inventory Sales $0
Other Revenue $81,257
3.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $593,840
12.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,412,902
30.1%
Assets/Debt
Total Assets $16,222,344
Total Liabilities $2,082,296
Net Assets $14,140,048

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,397,877
Expenses
$4,815,525
Net Income
$6,582,352
Net Assets
$16,195,646
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,240,642
89.8%
Program Services $139,177
1.2%
Investment Income $6,171
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $970,334
8.5%
Net Inventory Sales $0
Other Revenue $41,553
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $305,661
6.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,472,560
30.6%
Assets/Debt
Total Assets $16,722,514
Total Liabilities $526,868
Net Assets $16,195,646

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$476,503
Expenses
$4,046,928
Net Income
-$3,570,425
Net Assets
$9,845,176
Notable Sources of Revenue Percent of Total Revenue
Contributions $50,371
10.6%
Program Services $0
Investment Income $295,107
61.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $131,025
27.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $668,636
16.5%
Professional Fundraising Fees $0
Other Salaries and Wages $998,602
24.7%
Assets/Debt
Total Assets $10,205,638
Total Liabilities $360,462
Net Assets $9,845,176

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

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Types of Nonprofits

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