Significant revenue in the latest period ($281,713 in 202402) compared to expenses ($141,186), indicating a healthy surplus.
Spending Breakdown
How Glenn Degner Trust Fbo Steele County Historical Society allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 Glenn Degner Trust Fbo Steele County Historical Society
Is Glenn Degner Trust Fbo Steele County Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Glenn Degner Trust Fbo Steele County Historical Society (EIN: 202602062) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Glenn Degner Trust Fbo Steele County Historical Society a good charity to donate to?
Glenn Degner Trust Fbo Steele County Historical Society has a Mission Score of 95/100. Revenue: $386K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Glenn Degner Trust Fbo Steele County Historical Society?
The Employer Identification Number (EIN) for Glenn Degner Trust Fbo Steele County Historical Society is 202602062. 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 Glenn Degner Trust Fbo Steele County Historical Society spend its money?
Glenn Degner Trust Fbo Steele County Historical Society allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Glenn Degner Trust Fbo Steele County Historical Society's tax-exempt status?
You can verify Glenn Degner Trust Fbo Steele County Historical Society's tax-exempt status using EIN 202602062 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 Glenn Degner Trust Fbo Steele County Historical Society demonstrates consistent financial stability, primarily functioning as a supporting organization for the Steele County Historical Society. Its assets have remained robust, hovering around $1.7 million to $1.9 million over the past decade, indicating a strong endowment or investment base. Revenue has shown significant variability, with a notable peak of $281,713 in the 202402 period, contrasting with lower figures in previous years. Expenses have been remarkably stable, generally ranging between $113,000 and $142,000 annually, suggesting predictable operational costs. The organization consistently reports zero officer compensation, which is a strong indicator of efficient use of funds and a focus on its charitable purpose, likely through grants to the historical society rather than direct program delivery. The minimal liabilities across all reported periods further underscore its sound financial management.