Derek Griffitts Foundation
- Assets
- $15.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mckinney, TX
- Founding
- 12/2018
- Data as of
- 12/2023
- EIN
- 82-5494913
Organization Overview
Derek Griffitts Foundation is located in Mckinney, TX. The organization was established in 2018. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Derek Griffitts 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 12/2023, Derek Griffitts Foundation generated $55.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $46.4k during the year ending 12/2023. While expenses have increased by 6.9% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE 5000 TO THE LUTHERAN HIGH SCHOOL OF ST CHALRES COUNTY SCHOLARSHIP ENDOWMENT TO PROVIDE 10000 TO WASHINGTON UNIVERSITY LEGACY FOR PEDIATRIC BRAIN CANCER RESEARCH FUND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Griffitts President | 10 | $0 | |
Patrick Sheerin Vice President | 5 | $0 | |
Lynn Sheerin Treasurer | 5 | $0 | |
Lisa Cunningham Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $55,219 |
| Other Revenue | $0 |
| Total Revenue | $55,219 |
| 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 | $250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $41 |
| Other expenses | $26,069 |
| Total expenses | $46,360 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,617 |
| Other assets | $0 |
| Total assets | $15,617 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,617 |