Group 1 Foundation Inc

Organization Overview

Group 1 Foundation Inc is located in Houston, TX. The organization was established in 2005. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Group 1 Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Group 1 Foundation Inc generated $138.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $29.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

$26,500 GRANTED TO EMPLOYEES OF GROUP 1 AUTOMOTIVE RECEIVED ASSISTANCE FROM GROUP 1 FOUNDATION TO HELP MEET SHORT-TERM EXPENSES INCURRED FOR BASIC LIVING NEEDS SUCH AS FOOD, CLOTHING, SHELTER, HEALTH AND HOUSING THAT RESULTED FROM A HARDSHIP DUE TO ILLNESS, INJURY, DEATH OR SPECIAL SITUATIONS BEYOND THEIR CONTROL. $2,562 - PROFESSIONAL FEES/CA REGISTRATION RENEWAL FEE


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Board, Officers & Key Employees

Name (title)Compensation
Edward Mckissic
President & Director
$0
Olivia Reed
Secretary & Director (thru 10/22)
$0
Jason Babbitt
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$138,314
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$138,314

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