Overview

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Est.

2015

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Groundswell Startups Inc, an organization focused on community and economic development, manufacturing, and community improvement, aims to connect early-stage companies with industry experts who provide mentorship in business strategy, manufacturing, and capital raising. With an operating budget of $560K and total revenue of $481.9K for the 2024 filing year, Groundswell benefits from diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at https://swellstartups.com.

Mission Statement

GROUNDSWELL PAIRS EARLY-STAGE COMPANIES WITH EXPERTS WHO KNOW THE INDUSTRY AND ARE READY TO HELP. WITH MENTORS RANGING FROM BUSINESS STRATEGY TO MANUFACTURING TO RAISING CAPITAL, GROUNDSWELL HAS THE RESOURCES FOR YOU TO IDEATE, START AND GROW.
Revenues
$481.9K
Expenses
$560K
Net Income:
-$78.1K
Assets
$488.8K
Liabilities
$379
Net Assets:
+$488.4K
Operating Budget
$560K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$10K
Largest grant received
$25K
J
John Vecchio
Board Member
M
Mark Mohler
Board Member
B
Bud Deffenbach
Board Member

Frequently Asked Questions

What is GROUNDSWELL STARTUPS INC’s budget?
In 2024, GROUNDSWELL STARTUPS INC reported an annual operating budget of around $560 thousand. More detailed financial information is available to registered users.
What causes does GROUNDSWELL STARTUPS INC support?
GROUNDSWELL STARTUPS INC supports work in Manufacturing, Community and economic development, and Community improvement.
Where does GROUNDSWELL STARTUPS INC operate?
GROUNDSWELL STARTUPS INC is headquartered in Melbourne, FL.
Who funded GROUNDSWELL STARTUPS INC recently?
In 2025, GROUNDSWELL STARTUPS INC received grants from RAYMOND JAMES CHARITABLE ENDOWMENT FUND, COMMUNITY FOUNDATION FOR BREVARD INC, and Daffy Charitable Fund. More information on this organization’s funders is available to registered users.
What is the largest grant GROUNDSWELL STARTUPS INC received in 2024?
The largest grant to GROUNDSWELL STARTUPS INC in 2024 exceeds $25 thousand.