Public Charity

GROUNDSWELL STARTUPS INC

GROUNDSWELL STARTUPS INC is a nonprofit organization categorized as Public Charity based in MELBOURNE, FL. Its most recent IRS filing (2025) reports revenue of $634K, expenses of $653K, total assets of $469K. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $240K.

EIN: 811417100 MELBOURNE, FL Latest filing: 2025
Total Revenue$634K
Total Expenses$653K
Total Assets$469K
Grant Records10
Funding Total$240K
Filing Years2021–2025

Mission

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.

Officers & Directors

DIRECTOR Bud Deffenbach
DIRECTOR John Vecchio
DIRECTOR Mamoon Rashid
DIRECTOR Mark Mohler
DIRECTOR Ruchir Gupta
DIRECTOR Ryan Bailey

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMUNITY CAPACITY
$132,570 3 grants
COMMUNITY DEVELOPMEN
$62,600 2 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$20,000 2 grants
For recipient's exempt purpose
$10,000 1 grant
GENERAL SUPPORT OF MISSION
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $634K $653K $469K
2024 $482K $560K $489K
2023 $459K $531K $580K
2022 $881K $368K $643K
2021 $310K $321K $130K

Between 2021 and 2025, reported annual revenue grew from $310K to $634K (+104%), with total assets most recently reported at $469K.

Interactive year-over-year charts and full filing details available with membership.

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