Groundswell Startups Inc
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.
Groundswell Startups Inc at a glance
- Total assets
- $469,242
- -4.0% vs 2024
- Revenue (2025)
- $633,648
- +31.5% vs 2024
- Expenses (2025)
- $653,275
- +16.7% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Groundswell Startups Inc funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2022 it made 1 grant totaling $25K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Make It Happen LLC Melbourne, FL | Connect Startups with Investors | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2025 | $469,242 | $633,648 | $653,275 | — | — |
| 2024 | $488,766 | $481,864 | $559,976 | — | — |
| 2023 | $580,402 | $458,638 | $530,980 | — | — |
| 2022 | $643,253 | $881,413 | $367,760 | $25,000 | 1 |
| 2021 | $130,381 | $309,862 | $321,463 | — | — |
| 2020 | $154,267 | $258,691 | $252,685 | — | — |
| 2019 | $136,604 | $238,795 | $173,473 | — | — |
About Groundswell Startups Inc
Based on IRS filings
Groundswell Startups Inc is a public charity focused on Community Improvement & Capacity Building, based in Melbourne, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $469K in total assets.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Groundswell Startups Inc's 2025 filing lists 7 officers; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Bud Deffenbach
Director
On filings since 2019
No compensation reported
John Vecchio
Director
On filings since 2019
No compensation reported
Mark Mohler
Director
On filings since 2019
No compensation reported
Mamoon Rashid
Director
On filings since 2022
No compensation reported
Ruchir Gupta
Director
On filings since 2023
No compensation reported
Ryan Bailey
Director
On filings since 2023
No compensation reported
Sallie Halsey
Cso
On filings since 2023
$2K (2023) → $0 (2025)
Former officers (2)
- Former: Jarin Eisenberg (2019–2022) — COO
- Former: Shey Anderson (2021–2022) — Secretary
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $2K, to Sallie Halsey (CSO).
Frequently asked questions about Groundswell Startups Inc
How large is Groundswell Startups Inc?
Groundswell Startups Inc reported $469K in total assets on its 2025 IRS Form 990. Its revenue that year was $634K.
What is Groundswell Startups Inc?
Groundswell Startups Inc is a public charity focused on Community Improvement & Capacity Building, based in Melbourne, FL. It holds $469K in total assets as of 2025.
Where does Groundswell Startups Inc operate?
Groundswell Startups Inc has awarded grants in Florida.
What is Groundswell Startups Inc's EIN?
Groundswell Startups Inc's EIN (Employer Identification Number) is 81-1417100. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS April 5, 2023)
Live grants for the work Groundswell Startups Inc funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Groundswell Startups Inc's focus areas in our free grants database
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Figures come from Groundswell Startups Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Groundswell Startups Inc down — hundreds of funders to go?