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Nonprofit · EIN 20-3412167

GROUP 1 FOUNDATION INC

Tax-exempt · HOUSTON, TX 77024

Financials

$35K$3K2023$0$42K2024
Revenue Expenses · by fiscal year end
Financials of GROUP 1 FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$0$41,766-$41,766$159,591$0$159,591
December 31, 2023990-EZ$35,000$2,910$32,090$201,357$0$201,357
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$38,850
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$2,891
Other expenses
$25
Program services (functional)
$41,766

Balance sheet and other

Total assets, start of year
$201,357
Total assets, end of year
$159,591
Total liabilities, end of year
$0
Net assets, end of year
$159,591
Cash, savings and investments
$159,591
Gross receipts
$0

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
EDWARD MCKISSICPRESIDENT & DIRECTOR1$0
BRANDON BURNETDIRECTOR1$0
GILLIAN HOBSONDIRECTOR1$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
EDWARD MCKISSICPRESIDENT & DIRECTOR1$0
JASON BABBITTDIRECTOR (THRU 3/23)1$0
BRANDON BRUNETDIRECTOR1$0
GILLIAN HOBSONDIRECTOR1$0

Address and contacts

Address (IRS master file)
730 TOWN AND COUNTRY BLVD STE 500, HOUSTON, TX 77024-4671
Signed the 990-EZ
Brandon Brunet, Director
Phone
(713) 647-5700

Mission

GROUP 1 FOUNDATION, INC. ASSISTS THE CURRENT EMPLOYEES OF GROUP 1 AUTOMOTIVE, INC. AND ITS SUBSIDIARIES, AND THEIR IMMEDIATE FAMILIES WHO SUFFER HARDSHIP DUE TO A NATURAL DISASTER, EMERGENCY HARDSHIP, EXTENDED ILLNESS, INJURY, FIRE, FLOOD, OR SPECIAL SITUATION THAT IS BEYOND THEIR CONTROL. THE ASSISTANCE IS INTENDED TO HELP EACH AFFECTED INDIVIDUAL MEET SHORT-TERM EXPENSES INCURRED FOR BASIC LIVING ITEMS, SUCH AS FOOD, CLOTHING, HEALTH, AND HOUSING. THE AMOUNT OF FINANCIAL ASSISTANCE AVAILABLE TO EACH AFFECTED INDIVIDUAL DEPENDS ON A DETERMINATION OF NEED, INCLUDING THE SIZE OF THE INDIVIDUAL'S FAMILY AND THE TYPE OF HARDSHIP INVOLVED.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • See Schedule O
    Expenses $41,766 · grants $38,850

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
20-3412167
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$159,591

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$0$41,766$159,591XML
990-EZDecember 2023$35,000$2,910$201,357XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3412167).

Questions about GROUP 1 FOUNDATION INC

What is the EIN of GROUP 1 FOUNDATION INC?
The employer identification number (EIN) of GROUP 1 FOUNDATION INC is 20-3412167.
Is GROUP 1 FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to GROUP 1 FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GROUP 1 FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of GROUP 1 FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GROUP 1 FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of GROUP 1 FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does GROUP 1 FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $0, expenses of $41,766 and total assets of $159,591 at year end.

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