L โ€” Housing & ShelterEIN: 860861606ยท Ruling Year: 2008

Glencroft Towers 1 Inc

Glendale, Arizona

CHealth Score
35C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$4.4M
Total Revenue
๐Ÿ“Š
$4.6M
Total Expenses
๐Ÿฆ
-$753K
Net Assets
๐Ÿ“‹
$5.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-4.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.16
Net assets divided by total expenses
Liabilities-to-Assets
115.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,394,736โ†‘24%$4,580,989โ†‘26%$4,803,199โ†“5%
2022$3,541,684โ†‘19%$3,625,879โ†‘9%$5,079,631โ†“1%
2021$2,977,278โ†‘15%$3,337,346โ†‘4%$5,153,034โ†“2%
2020$2,583,359โ†‘2%$3,219,175โ†‘1%$5,269,133โ†“3%
2019$2,539,475โ†“2%$3,188,996โ†‘4%$5,418,449โ†“8%
2018$2,580,844โ†‘1%$3,067,610โ†‘2%$5,901,866โ†‘9%
2017$2,562,914โ†‘5%$3,007,396โ†‘9%$5,418,048โ†“16%
2016$2,443,476โ†“31%$2,750,350โ†“25%$6,432,044โ†‘1%
2015$3,547,626โ†‘12%$3,644,253โ†‘13%$6,390,990โ†“3%
2014$3,162,331โ†‘9%$3,235,480โ†“2%$6,556,173โ†“3%
2013$2,890,184$3,291,992โ†‘12%$6,745,474โ†“6%
2012$2,899,516โ†“19%$2,947,012โ†‘3%$7,150,848โ†“1%
2011$3,571,721$2,863,916$7,193,152

Frequently Asked Questions

What does Glencroft Towers 1 Inc do?โ–ผ

Glencroft Towers 1 Inc is a housing & shelter nonprofit organization based in Arizona. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Glencroft Towers 1 Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Glencroft Towers 1 Inc has a score of 35/100 (Grade: C). 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 Glencroft Towers 1 Inc generate?โ–ผ

Glencroft Towers 1 Inc reports $4.0M in annual revenue and holds $4.4M in total assets, based on IRS filings.

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Glencroft Towers 1 Inc โ€” Glendale, AZ | GiveScope