Good Start Foundation
- Assets
- $48.0m
- Revenue
- $2.4m
- Investments
- $43.8m
- Employees
- 0
- Location
- Plano, TX
- Founding
- 08/2010
- Data as of
- 12/2022
- 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 12/2022, Good Start Foundation generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Good Start Foundation has awarded 42 individual grants totaling $6,774,754. 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 |
|---|---|---|---|
M J Peak Director And President | 10 | $0 | |
Martha P Rochelle Director And Secretary | 1 | $0 | |
Sandra A Flanagan Director And Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $43,948 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,157,211 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,068,082 |
| Capital Gain Net Income | $1,076,342 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $144,549 |
| Total Revenue | $2,413,790 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2 |
| Taxes | $48,345 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,633 |
| Total operating and administrative expenses | $240,042 |
| Contributions, gifts, grants paid | $958,568 |
| Total expenses and disbursements | $1,198,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $230,133 |
| Savings and temporary cash investments | $3,800,050 |
| Net Accounts receivable | $25,993 |
| 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 | $397,860 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $138,439 |
| Total assets | $47,960,526 |
| 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 | $628,640 |
| Total liabilities | $628,640 |
Grants Awarded
Over the last fiscal year, Good Start Foundation has awarded $958,568 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CORNERSTONE ASSISTANCE NETWORK INC PURPOSE: 2022 DENTAL CLINIC OPERATIONS SUPPORT. | $829,568 |
SELF HELP ALTERNATIVE LIVING OPPORTUNITIES OF MICHIGAN INC PURPOSE: GENERAL OPERATIONAL SUPPORT. | $29,000 |
SELF HELP ALTERNATIVE LIVING OPPORTUNITIES OF MICHIGAN INC PURPOSE: GENERAL OPERATIONAL SUPPORT. | $25,000 |
VISITING NURSE ASSOCIATION OF TEXAS PURPOSE: "MEALS ON WHEELS" PROGRAM. | $75,000 |