Group 1 Foundation Inc
- Assets
- $169.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 11/2005
- Data as of
- 12/2022
- EIN
- 20-3412167
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.
Form
990EZ
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
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Mckissic President & Director | 1 | $0 | |
Olivia Reed Secretary & Director (thru 10/22) | 1 | $0 | |
Jason Babbitt Director | 1 | $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 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,562 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25 |
| Total expenses | $29,087 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $169,267 |
| Other assets | $0 |
| Total assets | $169,267 |
| Total liabilities | $0 |
| Net assets or fund balances | $169,267 |