TPhilanthropy, Voluntarism & GrantmakingEIN: 562196225· Ruling Year: 2001

Glass Family Foundation Inc

Asheville, North Carolina

BHealth Score
63B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org10.85×
Peer Median18.82×
💰
$2.5M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$24.6M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-22.4%
Year-over-year change (2021 → 2022)
Net Margin
+8.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.85
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2022$2,466,37422%$2,268,98615%$24,614,6951%
2021$3,179,93550%$2,675,54540%$24,447,8072%
2020$6,354,421168%$1,909,956$23,943,71718%
2019$2,371,97215%$1,908,20651%$20,234,77620%
2015$2,776,21614%$1,260,2482%$16,847,02710%
2014$2,429,46413%$1,289,84646%$15,343,4778%
2013$2,150,40728%$884,4346%$14,186,95110%
2012$1,677,01512%$830,60641%$12,922,2237%
2011$1,493,048$589,944$12,074,712

Frequently Asked Questions

What does Glass Family Foundation Inc do?

Glass Family Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in North Carolina. It is classified under NTEE code T12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Glass Family Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Glass Family Foundation Inc has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Glass Family Foundation Inc generate?

Revenue data for Glass Family Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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