Griffin Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 860766789 ✦ Tucson, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Griffin Foundation Inc?

The Griffin Foundation Inc, established over a decade ago, is a dedicated nonprofit organization committed to improving the lives of underprivileged and disadvantaged children and families in the community. Their primary focus lies in the areas of education, childcare, and nutrition. They strive to provide essential resources in these domains to those who might otherwise lack access due to their financial circumstances. By doing so, the Griffin Foundation aims to make a significant impact on the well-being and development of these children, contributing to a brighter future for them and their families.


Official website here: www.griffinfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 1 star (54%)

The Griffin Foundation Inc has received a One-Star out of Four Star rating, reflecting significant concerns regarding its accountability and financial management. With an overall score of 54%, the foundation has notable deficiencies, particularly in governance, as it has no independent board members. This raises questions about transparency and oversight, which are vital for building trust with donors.

Despite some strengths, such as a high program expense ratio of 80.19%, indicating that a substantial portion of its funds is directed towards programs, the lack of essential policies like conflict of interest, whistleblower, and document retention policies is concerning. Additionally, the foundation's liabilities exceed its assets, further complicating its financial stability.

The absence of independent oversight and critical governance practices suggests that the Griffin Foundation Inc may face challenges in effectively managing its resources and maintaining donor confidence. Prospective donors are encouraged to consider these factors when evaluating their support for the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Griffin Foundation Inc legitimate?

Griffin Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Griffin Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $142,496
Professional Fundraising Fees: $0
Other Salaries and Wages: $673,873

For more financial information, click here


Official website here: www.griffinfoundation.org

What is the mission statement of Griffin Foundation Inc?

The Griffin Foundation Inc's mission is centered around improving the lives of underprivileged, disadvantaged, and low-income children and families in the community. Over the past 14 years, the foundation has dedicated its efforts to providing education, childcare, and nutritional support to these families. Its primary focus is to enhance their overall well-being and opportunities, striving to make a positive impact on their lives.


Official website here: www.griffinfoundation.org

Who is the CEO of Griffin Foundation Inc?

Leroy Griffin is the President of Griffin Foundation Inc.


Official website here: www.griffinfoundation.org

What is the revenue of Griffin Foundation Inc?

Griffin Foundation Inc's revenue in 2022 was $2,134,785.


Official website here: www.griffinfoundation.org

Who are the executives of Griffin Foundation Inc and what are their salaries?

The average compensation at Griffin Foundation Inc during 2022 was $37,108. There are 22 employees at Griffin Foundation Inc.


Here are 3 key members and their salaries:


Lee Griffin (President)
  • Compensation: $142,496
  • Related: $0
  • Other: $24,191
Mary Heidinger (Secretary)
  • Compensation: $58,001
  • Related: $0
  • Other: $13,618
Lalyn Griffin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.griffinfoundation.org

Where can I find the form 990 for Griffin Foundation Inc?

Griffin Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.griffinfoundation.org

Learn more at the official website: www.griffinfoundation.org

Mission Statement of Griffin Foundation Inc

Griffin Foundation Inc, a nonprofit organization, has dedicated its mission over the past 14 years to uplifting underprivileged, disadvantaged, and low-income children and families in the community. At the heart of their activities, Griffin Foundation focuses on three key areas: education, childcare, and nutrition. Their aim is to enrich the lives of these children, providing them with opportunities that may otherwise be out of reach. Through their efforts, they strive to foster a supportive environment where these children can grow, learn, and thrive.

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Impact




July, 2024

Griffin Foundation Inc has made a significant impact by providing education, childcare, and nutrition to underprivileged, disadvantaged, and low-income children and families in the community. Their focus on enhancing the lives of children through these initiatives has positively affected the well-being and future prospects of many individuals in Tucson, Arizona. Through their dedicated mission, Griffin Foundation Inc has been a source of support and opportunity for those in need for the past 14 years.




This information is meant to be a general summary of Griffin Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,134,785 (2022)
Expenses
$2,158,274 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $106
  • Program Service Revenue: $45,943
  • Gross Receipts: $2,134,785

Assets and Liabilities:

  • Total Assets: $5,813,852
  • Total Liabilities: $6,820,763
  • Net Assets: -$1,006,911

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Local Income

Revenue

$45,943

Organization Details

Founding Year

1994

Principal Officer

Leroy Griffin

Main Address

1844 S Alvernon Way, Tucson, AZ, 85711

NTEE Category

Code: Z99 - Unknown

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