The Auto Club Group Foundation
- Assets
- $4.5m
- Revenue
- $813.1k
- Investments
- $4.4m
- Employees
- 0
- Location
- Dearborn, MI
- Founding
- 07/1996
- Data as of
- 12/2021
- EIN
- 47-0785008
Organization Overview
The Auto Club Group Foundation is located in Dearborn, MI. The organization was established in 1996. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Auto Club Group 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, Auto Club Group Foundation generated $813.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $809.3k during the year ending 12/2021. While expenses have increased by 16.1% per year over the past 7 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 2016, Auto Club Group Foundation has awarded 260 individual grants totaling $1,756,949. 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 |
|---|---|---|---|
Heather Drake President | 10 | $0 | |
John Q Bruno Secretary | 10 | $0 | |
Sean Maloney Member | 10 | $0 | |
Gene J Boehm Member | 10 | $0 | |
Anne L Arvia Member | 10 | $0 | |
Matt Nasworthy Foundation Manager | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $350,000 |
| Interest on Savings | $12 |
| Dividends & Interest | $81,616 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $154,627 |
| Capital Gain Net Income | $154,627 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $226,882 |
| Total Revenue | $813,137 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,108 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $287,114 |
| Total operating and administrative expenses | $300,419 |
| Contributions, gifts, grants paid | $508,930 |
| Total expenses and disbursements | $809,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,499 |
| Savings and temporary cash investments | $21,829 |
| Net Accounts receivable | $0 |
| 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 | $4,448,948 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,396 |
| Total assets | $4,538,672 |
| Accounts payable and accrued expenses | $18,311 |
| 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 | $34,564 |
| Total liabilities | $52,875 |
Grants Awarded
Over the last fiscal year, The Auto Club Group Foundation has awarded $508,930 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
LOVE INC PURPOSE: DRIVER'S EDUCATION | $40,000 |
CHRISTMAS COMMITTEE INC PURPOSE: EDUCATIONAL | $35,000 |
New Port Richey, FL PURPOSE: DRIVER'S EDUCATION | $33,000 |
Troy, MI PURPOSE: GENERAL EDUCATIONAL NEEDS | $25,000 |
REDWOOD COUNTY SHARE THE SPIRIT PURPOSE: DRIVER'S EDUCATION | $25,000 |
Oviedo, FL PURPOSE: EDUCATIONAL | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Four Lakes Education Inc Mcfarland, WI | $19,510,761 | $31,025,737 |
Wood County Schools Benefit Plan Bowling Green, OH | $9,100,102 | $25,909,869 |
Progressnow Education Lansing, MI | $1,591,280 | $29,411,544 |
Inside Track Impact Inc Indianapolis, IN | $23,220,663 | $19,614,456 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Accelerate Great Schools Cincinnati, OH | $48,959,993 | $4,700,984 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Chippewa Luce Macinac Comm Action Human Resource Auth Inc Sault Ste Marie, MI | $6,136,968 | $10,393,284 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
Kappa Kappa Gamma Foundation Dublin, OH | $48,213,422 | $9,077,849 |
Horizon Science Academy Of Lorain Lorain, OH | $7,416,204 | $11,463,711 |
Lansing Christian School Lansing, MI | $7,908,099 | $6,549,219 |