How Glassock Simpson Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Glassock Simpson Family Foundation
Is Glassock Simpson Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Glassock Simpson Family Foundation (EIN: 204081960) shows mixed signals. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.
Is Glassock Simpson Family Foundation a good charity to donate to?
Glassock Simpson Family Foundation has a Mission Score of 60/100. Revenue: $207. Assets: $15K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Glassock Simpson Family Foundation?
The Employer Identification Number (EIN) for Glassock Simpson Family Foundation is 204081960. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Glassock Simpson Family Foundation spend its money?
Glassock Simpson Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Glassock Simpson Family Foundation's tax-exempt status?
You can verify Glassock Simpson Family Foundation's tax-exempt status using EIN 204081960 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Glassock Simpson Family Foundation appears to be a very small private foundation, as indicated by its consistently low revenue and assets in recent years. For example, in 2023, its revenue was only $207 and assets were $14,857. The organization's financial activity has significantly decreased over the past decade, with revenue dropping from $89,004 in 2015 to $207 in 2023, and assets declining from $347,031 in 2011 to $14,857 in 2023. This trend suggests a winding down or minimal operational activity.
Given its small scale, the foundation's spending efficiency is difficult to assess with typical metrics, as detailed program, administrative, and fundraising expenses are not explicitly broken down in the provided summary. However, the consistent reporting of zero officer compensation across all filings indicates good fiscal responsibility in terms of executive pay. The foundation consistently reports minimal liabilities ($1 in recent years), suggesting a healthy balance sheet in that regard.
Transparency is generally good through its consistent IRS 990 filings. However, without more detailed expense breakdowns, it's challenging to fully understand where its limited funds are being allocated. The significant reduction in financial activity over time raises questions about its current operational focus and future viability as an active grant-making entity.