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Massachusetts · Nonprofit

THE ICA GROUP INC

THE ICA GROUP INC (Massachusetts) receives grants from 10 organizations whose IRS filings report $6,130,975 to it, the largest being The Kendeda Fund ($4,610,000). 5 of them have funded it in more than one year.

Revenue FY2025
$2.9M
Funders on record
10
Grants received
$6.1M
Net assets
$-126857
5/10 repeat fundersgrants exceed reported revenue in one year
01What it does

What The Ica Group Inc does

Mission

The ica group's mission is to change the nature of work by advancing businesses and institutions that center worker voice, grow worker wealth, and build worker power.

As stated on its FY2025 Form 990.

Programs

  1. Community-based development provides services that creates jobs for low income communities and save jobs by helping stabilize communities and assist businesses that are at risk to avert plant closures. We promote worker ownership as a means to improve job quality and help low income individuals accrue wealth. We provide assistance to a number of not for profit organizations regarding cooperative development and work with groups interested in forming cooperatives. We produce publications, hold seminars and workshops and provide in-house education training for existing and future worker-owned and community based businesses.

    $2,117,386 spent$565,808 earned by the program
    82% of program spending
  2. Promote alternative staffing as a means to create jobs for low income communities and provide technical assistance to alternative staffing organizations. Ica developed and manages the alternative staffing alliance, an association of over forty alternative staffing agencies. Ica provides a range of services to support the field of practice, including research, education, and management troubleshooting. In the past year, alternative staffing agencies that we worked with placed a significant number of individuals with obstacles to employment in paid work positions.

    $104,633 spent$20,844 earned by the program
    4% of program spending
  3. Promote home care cooperatives as a means to improve the quality of home care jobs and create pathways for home care workers to accumulate weath. Ica developed and manages elevate, an network of home care cooperatives. Once established, elevate will launch as a cooperative of cooperatives. Ica provides a range of services to support the field of practice, including research, education, and management troubleshooting. In the past year elevate and icas home care program have supported home care coopeatives across the country stabilize and grow, ensuring the further development of quality jobs.

    $362,672 spent$947,194 earned by the program
    14% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,584,691.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($1.1M) Expenses 100 ($972k) Net assets 100 ($396k)2018 Revenue 137 ($1.5M) Expenses 131 ($1.3M) Net assets 158 ($626k)2019 Revenue 229 ($2.5M) Expenses 171 ($1.7M) Net assets 371 ($1.5M)2020 Revenue 177 ($1.9M) Expenses 252 ($2.5M) Net assets 241 ($954k)2021 Revenue 166 ($1.8M) Expenses 210 ($2.0M) Net assets 182 ($722k)2022 Revenue 133 ($1.5M) Expenses 190 ($1.8M) Net assets 84 ($331k)2023 Revenue 180 ($2.0M) Expenses 194 ($1.9M) Net assets 178 ($704k)2024 Revenue 115 ($1.3M) Expenses 199 ($1.9M) Net assets 7 ($29k)2025 Revenue 266 ($2.9M) Expenses 315 ($3.1M) Net assets -32 ($-126857)
'17'18'19'20'21'22'23'24'25
Revenue (266)Expenses (315)Net assets (-32)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $883k to $1.8M (+101%).

$460k
$732k
$1.6M
$1.5M
$1.3M
$910k
$1.6M
$883k
$1.8M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 14% · 2022 22% · 2024 2% · 2025 4%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$123k
’17
$230k
’18
$844k
’19
−$516k
’20
−$232k
’21
−$391k
’22
$91k
’23
−$675k
’24
−$156k
’25
0.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

David Hammer

President & executive director

Board chair

Rand Wilson

Chairperson

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed8899999911
Joined·+1+3+0+0+0+0+1+2
No longer listed·12000010
03Who funds it

Who funds it, year by year

2017 → 2022: the base broadened from 1 funder to 2 funders, grant income fell $25k → $5k.

2 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE ICA GROUP INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE ICA GROUP INC leans on a few funders — its largest provides 75% of grant income and the top three 94%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

75%
largest funder
94%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 83% · 2019 100% · 2020 94% · 2021 91% · 2022 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of THE ICA GROUP INC's funders are still giving 2 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2022, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

THE ICA GROUP INC draws 100% of its grant income from funders outside Massachusetts, across 7 states in all.

MI
NY
MA
CA
CO
DE
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
Massachusetts out of state home

Funder states come from each funder’s own filing. $150k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding THE ICA GROUP INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $650k on record.

State$650k
19
20
22
23
Top programs
  • (PP) STATE AID/POL SUB$650k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like THE ICA GROUP INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 11%Fundraising 4%

Governance

9
board members
78%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

80%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 2 states

NY
MA

Part of a family of 1 related entity

  • The Fund for Jobs Worth Owning Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE ICA GROUP INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE ICA GROUP INC?
THE ICA GROUP INC (Massachusetts) receives grants from 10 organizations whose IRS filings report $6,130,975 to it, the largest being The Kendeda Fund ($4,610,000). 5 of them have funded it in more than one year.
How many funders does THE ICA GROUP INC have?
IRS filings report 10 organizations giving $6,130,975 in grants to THE ICA GROUP INC, 5 of which have funded it in more than one year.
Who is the largest funder of THE ICA GROUP INC?
The Kendeda Fund is the largest funder on record, with $4,610,000 in grants. The full list of funders is on this page.
How can an organization like THE ICA GROUP INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Ica Group →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing