Good Start Foundation
- Assets
- $46.2m
- Revenue
- $9.2m
- Investments
- $42.0m
- Employees
- 0
- Location
- Plano, TX
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 27-2983295
Organization Overview
Good Start Foundation is located in Plano, TX. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Start Foundation 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 12/2021, Good Start Foundation generated $9.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.1% each year . All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 9.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Good Start Foundation has awarded 38 individual grants totaling $5,816,186. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret J Peak Director And President | 10 | $0 | |
Sandra A Flanagan Director And Treasurer | 1 | $0 | |
Martha P Rochelle Director And Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,226,903 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,892,923 |
| Capital Gain Net Income | $7,892,923 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $86,072 |
| Total Revenue | $9,205,898 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1 |
| Taxes | $141,345 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,892 |
| Total operating and administrative expenses | $335,557 |
| Contributions, gifts, grants paid | $2,592,966 |
| Total expenses and disbursements | $2,928,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $169,798 |
| Savings and temporary cash investments | $3,823,262 |
| Net Accounts receivable | $114,425 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $480,483 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $62,436 |
| Total assets | $46,190,050 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $73,344 |
| Total liabilities | $73,344 |
Grants Awarded
Over the last fiscal year, Good Start Foundation has awarded $2,592,966 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
College Station, TX PURPOSE: DENTAL CLINIC ENDOWMENT. | $2,000,000 |
Fort Worth, TX PURPOSE: 2021 DENTAL CLINIC OPERATIONS SUPPORT. | $309,892 |
Grand Rapids, MI PURPOSE: CONTRIBUTION FOR PURCHASE AND INSTALLATION OF NEW OFFICE FURNISHINGS. | $112,474 |
VISITING NURSE ASSOCIATION OF TEXAS PURPOSE: "MEALS ON WHEELS" PROGRAM. | $75,000 |
Dallas, TX PURPOSE: GENERAL OPERATONAL SUPPORT. | $55,000 |
SHALOM INC PURPOSE: GENERAL OPERATIONAL SUPPORT. | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Fore Kids Foundation Inc Avondale, LA | $11,128,381 | $16,554,167 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |
Greehey Family Foundation San Antonio, TX | $169,607,829 | $20,192,503 |
Eula Mae And John Baugh Foundation Jersey Village, TX | $172,592,135 | $27,686,076 |