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The Groundwater Foundation

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: Education N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$413k (2024)

Expenses
$344k (2024)

Total Assets
$2.55M (2024)

Total Liabilities
$528k (2024)

Source: Form 990 tax filings from 2011 to 2024

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 Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$413,216
Expenses
$343,581
Net Income
$69,635
Net Assets
$2,026,228
Notable Sources of Revenue Percent of Total Revenue
Contributions $324,186
78.5%
Program Services $3,900
0.9%
Investment Income $70,969
17.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$45,716
Net Inventory Sales $0
Other Revenue $59,877
14.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,554,521
Total Liabilities $528,293
Net Assets $2,026,228
Compensation
Key Employees and Officers Compensation Related Other
John Boyette (Board Chair) $0 $0 $0
Fred Rothauge (Treasurer) $0 $0 $0
Jim Lococo (Secretary) $0 $0 $0
Sam Magers (Director Of Finance) $0 $0 $0
Terry Morse (Ceo) $0 $266,723 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$720,676
Expenses
$507,855
Net Income
$212,821
Net Assets
$1,686,182
Notable Sources of Revenue Percent of Total Revenue
Contributions $569,942
79.1%
Program Services $3,536
0.5%
Investment Income $56,552
7.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$11,568
Net Inventory Sales $0
Other Revenue $102,214
14.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $577
0.1%
Assets/Debt
Total Assets $2,328,928
Total Liabilities $642,746
Net Assets $1,686,182
Compensation
Key Employees and Officers Compensation Related Other
John Boyette (Board Chair) $0 $0 $0
Fred Rothauge (Treasurer) $0 $0 $0
Jim Lococo (Secretary) $0 $0 $0
Terry Morse (Ngwa Ceo) $0 $235,337 $26,824

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$357,445
Expenses
$414,127
Net Income
-$56,682
Net Assets
$1,197,189
Notable Sources of Revenue Percent of Total Revenue
Contributions $259,637
72.6%
Program Services $2,563
0.7%
Investment Income $50,654
14.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,453
0.4%
Net Inventory Sales $0
Other Revenue $43,138
12.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,039
1.9%
Assets/Debt
Total Assets $2,157,643
Total Liabilities $960,454
Net Assets $1,197,189
Compensation
Key Employees and Officers Compensation Related Other
John Boyette (Board Chair) $0 $0 $0
Fred Rothauge (Treasurer) $0 $0 $0
Jim Lococo (Secretary) $0 $0 $0
David Evener (Vice President Of Operations) $0 $121,037 $20,790
Terry Morse (Ex Officio & Ngwa Ceo) $0 $233,671 $24,786

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$557,341
Expenses
$192,464
Net Income
$364,877
Net Assets
$1,535,158
Notable Sources of Revenue Percent of Total Revenue
Contributions $402,196
72.2%
Program Services $3,577
0.6%
Investment Income $63,661
11.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $57,996
10.4%
Net Inventory Sales $0
Other Revenue $29,911
5.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $41,771
21.7%
Assets/Debt
Total Assets $2,483,747
Total Liabilities $948,589
Net Assets $1,535,158
Compensation
Key Employees and Officers Compensation Related Other
Fred Rothauge (Treasurer) $0 $0 $0
Jim Lococo (Secretary) $0 $0 $0
David Evener (Vice President Of Operations) $0 $102,607 $18,008
John Boyette (Board Chair) $0 $0 $0
Terry Morse (Chief Executive Officer) $0 $179,767 $21,142

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$173,821
Expenses
$383,130
Net Income
-$209,309
Net Assets
$1,028,267
Notable Sources of Revenue Percent of Total Revenue
Contributions $119,000
68.5%
Program Services $2,468
1.4%
Investment Income $38,364
22.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$33,535
Net Inventory Sales $0
Other Revenue $47,524
27.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $145,637
38.0%
Assets/Debt
Total Assets $1,891,304
Total Liabilities $863,037
Net Assets $1,028,267
Compensation
Key Employees and Officers Compensation Related Other
David Hargis (Director) $0 $0 $0
Tyler Fields (Director) $0 $0 $0
Chris Barnett (Vice Chair) $0 $0 $0
Jeff Williams (Board Chair) $0 $0 $0
Jon Hansen (Secretary) $0 $0 $0
Scott Fowler (Treasurer) $0 $0 $0
Andy Belanger (Director) $0 $0 $0
Terry Morse (Chief Executive Officer) $0 $197,234 $20,684
Paul Humes (Executive Director) $0 $148,336 $9,015

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$324,064
Expenses
$564,024
Net Income
-$239,960
Net Assets
$1,249,660
Notable Sources of Revenue Percent of Total Revenue
Contributions $212,855
65.7%
Program Services $8,525
2.6%
Investment Income $45,932
14.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $39,655
12.2%
Net Inventory Sales $0
Other Revenue $17,097
5.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $201,690
35.8%
Assets/Debt
Total Assets $1,909,524
Total Liabilities $659,864
Net Assets $1,249,660
Compensation
Key Employees and Officers Compensation Related Other
David Hargis (Director) $0 $0 $0
Tyler Fields (Director) $0 $0 $0
Darren Siekman (Director) $0 $0 $0
Chris Barnett (Vice Chair) $0 $0 $0
Jeff Williams (Board Chair) $0 $0 $0
Jon Hansen (Secretary) $0 $0 $0
David Henrich (Ex Officio) $0 $0 $0
Scott Fowler (Treasurer) $0 $0 $0
Brian Snelton (Ex Officio) $0 $0 $0
Andy Belanger (Director) $0 $0 $0
Terry Morse (Chief Executive Officer) $0 $161,583 $19,311
Paul Humes (Executive Director) $0 $131,512 $11,449

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$240,303
Expenses
$359,771
Net Income
-$119,468
Net Assets
$1,367,935
Notable Sources of Revenue Percent of Total Revenue
Contributions $175,462
73.0%
Program Services $9,775
4.1%
Investment Income $38,680
16.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$11,557
Net Inventory Sales $0
Other Revenue $27,943
11.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $125,860
35.0%
Assets/Debt
Total Assets $1,711,130
Total Liabilities $343,195
Net Assets $1,367,935
Compensation
Key Employees and Officers Compensation Related Other
Terry Morse (Chief Executive Officer) $139,627 $0 $13,678
Paul Humes (Chief Financial Officer) $126,348 $0 $6,754
David Hargis (Director) $0 $0 $0
Chris Barnett (Director) $0 $0 $0
Darren Siekman (Director) $0 $0 $0
Christine Spitzley (Treasurer) $0 $0 $0
Jeff Williams (Vice Chair) $0 $0 $0
Jon Hansen (Director) $0 $0 $0
David Henrich (Ex Officio) $0 $0 $0
Scott Fowler (Director) $0 $0 $0
Brian Snelton (Ex Officio) $0 $0 $0
Andy Belanger (President) $0 $0 $0
Jane Griffin (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$388,069
Expenses
$167,178
Net Income
$220,891
Net Assets
$1,590,481
Notable Sources of Revenue Percent of Total Revenue
Contributions $332,538
85.7%
Program Services $0
Investment Income $49,681
12.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,553
1.4%
Net Inventory Sales $0
Other Revenue $297
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $32,874
19.7%
Assets/Debt
Total Assets $1,826,397
Total Liabilities $235,916
Net Assets $1,590,481
Compensation
Key Employees and Officers Compensation Related Other
David Hargis (Director) $0 $0 $0
Stewart Krause (Director) $0 $0 $0
Daniel T Meyer (Director) $0 $0 $0
W Richard Laton (Director) $0 $0 $0
Jeff Williams (Director) $0 $0 $0
Jon Hansen (Director) $0 $0 $0
David Henrich (Director) $0 $0 $0
Scott Fowler (Director) $0 $0 $0
K Scott King (Director) $0 $0 $0
Robert Shreiber (Director) $0 $0 $0
Beverly L Herzog (Director) $0 $0 $0
Richard Clarke (Treasurer) $0 $0 $0
Lori Huntoon (Vice Chair) $0 $0 $0
Robert M Difilippo (President) $0 $0 $0
Terry Morse (Ceo Starting In Dec. 2017) $0 $21,970 $0
Kevin Mccray (Ceo Till Dec. 2017) $0 $182,568 $16,962
Paul Humes (Chief Financial Officer) $0 $125,949 $13,220

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$198,589
Expenses
$182,650
Net Income
$15,939
Net Assets
$1,272,587
Notable Sources of Revenue Percent of Total Revenue
Contributions $161,176
81.2%
Program Services $9,000
4.5%
Investment Income $31,405
15.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$4,568
Net Inventory Sales $0
Other Revenue $1,576
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $36,014
19.7%
Assets/Debt
Total Assets $1,444,984
Total Liabilities $172,397
Net Assets $1,272,587
Compensation
Key Employees and Officers Compensation Related Other
Kevin Mc Cray (Ceo) $170,021 $0 $21,655
Paul Humes (Cfo) $119,710 $0 $12,524

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,418
Expenses
$176,759
Net Income
-$148,341
Net Assets
$1,194,883
Notable Sources of Revenue Percent of Total Revenue
Contributions $127,669
> 100%
Program Services $4,350
15.3%
Investment Income $42,216
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$145,817
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $28,523
16.1%
Assets/Debt
Total Assets $1,337,623
Total Liabilities $142,740
Net Assets $1,194,883
Compensation
Key Employees and Officers Compensation Related Other
Art Becker (Director) $0 $0 $0
Ben Primost (Director) $0 $0 $0
Daniel T Meyer (Director) $0 $0 $0
Lori Huntoon (Director) $0 $0 $0
Steve Schneider (Director) $0 $0 $0
W Richard Layton (Director / Chairman) $0 $0 $0
Michael E Campana (Director / Vice Chair) $0 $0 $0
Beverly L Herzog (Director / Treasurer) $0 $0 $0
Robert Difilippo (Director / Secretary) $0 $0 $0
Kevin B Mccray (Chief Executive Officer) $0 $153,676 $12,728
Paul E Humes (Chief Financial Officer) $0 $108,660 $10,480

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$235,760
Expenses
$141,284
Net Income
$94,476
Net Assets
$1,301,382
Notable Sources of Revenue Percent of Total Revenue
Contributions $196,745
83.5%
Program Services $225
0.1%
Investment Income $39,558
16.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$768
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,906
6.3%
Assets/Debt
Total Assets $1,355,368
Total Liabilities $53,986
Net Assets $1,301,382
Compensation
Key Employees and Officers Compensation Related Other
Art Becker (Director) $0 $0 $0
Daniel T Meyer (Director) $0 $0 $0
Steve Schneider (Director) $0 $0 $0
Ben Primost (Director) $0 $0 $0
Beverly L Herzog (Director / Treasurer) $0 $0 $0
Lori Huntoon (Director) $0 $0 $0
Robert Difilippo (Director / Secretary) $0 $0 $0
W Richard Layton (Director / Chairman) $0 $0 $0
Michael E Campana (Director / Vice Chair) $0 $0 $0
Kevin B Mccray (Chief Executive Officer) $0 $153,676 $13,874
Paul E Humes (Chief Financial Officer) $0 $108,660 $11,473

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$539,838
Expenses
$146,296
Net Income
$393,542
Net Assets
$1,213,881
Notable Sources of Revenue Percent of Total Revenue
Contributions $496,328
91.9%
Program Services $200
0.0%
Investment Income $42,265
7.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$10,798
Net Inventory Sales $0
Other Revenue $11,843
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $10,169
7.0%
Assets/Debt
Total Assets $1,294,970
Total Liabilities $81,089
Net Assets $1,213,881
Compensation
Key Employees and Officers Compensation Related Other
Art Becker (Director/ Vice Chair) $0 $0 $0
Daniel T Meyer (Director/ Treasurer) $0 $0 $0
Steve Schneider (Director/ Chairman) $0 $0 $0
Ben Primost (Director) $0 $0 $0
Beverly L Herzog (Director) $0 $0 $0
Griffin Crosby (Director) $0 $0 $0
Robert Difilippo (Director) $0 $0 $0
W Richard Layton (Director/ Secretary) $0 $0 $0
Michael E Campana (Director) $0 $0 $0
Kevin B Mccray (Chief Executive Officer) $0 $151,054 $16,574
Paul E Humes (Chief Financial Officer) $0 $105,620 $11,506

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$256,203
Expenses
$238,965
Net Income
$17,238
Net Assets
$813,343
Notable Sources of Revenue Percent of Total Revenue
Contributions $215,490
84.1%
Program Services $225
0.1%
Investment Income $36,140
14.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,308
1.7%
Net Inventory Sales $0
Other Revenue $40
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $11,700
4.9%
Assets/Debt
Total Assets $907,029
Total Liabilities $93,686
Net Assets $813,343

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$128,667
Expenses
$191,031
Net Income
-$62,364
Net Assets
$803,150
Notable Sources of Revenue Percent of Total Revenue
Contributions $88,769
69.0%
Program Services $384
0.3%
Investment Income $36,110
28.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,404
2.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $9,130
4.8%
Assets/Debt
Total Assets $817,887
Total Liabilities $14,737
Net Assets $803,150

Document Links

Fiscal Year Ending Dec.
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 Dec.
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 Dec.
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

Fiscal Year Ending Dec.
2007

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 Dec.
2006

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 Dec.
2005

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 Dec.
2004

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 Dec.
2003

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 Dec.
2001

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

What Is 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."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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