Is Glynwood Center Inc Legit?

Quick charity verification for Glynwood Center Inc (EIN: 133852957)

Verdict: Glynwood Center Inc appears trustworthy

80/100Mission Score

$38.1MRevenue

$59.9MAssets

2Red Flags

4Strengths

Red Flags

Consistent 0% officer compensation, which may obscure actual executive remuneration if reported elsewhere.
Occasional operating deficits where expenses exceed revenue, indicating reliance on reserves or other funding sources.

Strengths

Strong asset base, with assets consistently above $20 million and reaching $32,039,796 in 202403.
Very low liabilities relative to assets (e.g., $543,684 in 202403 vs. $32,039,796 in assets), indicating strong financial health.
Consistent filing of IRS Form 990s over 14 periods, demonstrating transparency and compliance.
NTEE code W70 suggests a focus on environmental and agricultural programs, aligning with a mission-driven approach.

Spending Breakdown

How Glynwood Center Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 Glynwood Center Inc

Is Glynwood Center Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Glynwood Center Inc (EIN: 133852957) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.

Is Glynwood Center Inc a good charity to donate to?

Glynwood Center Inc has a Mission Score of 80/100. Revenue: $38.1M. Assets: $59.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Glynwood Center Inc?

The Employer Identification Number (EIN) for Glynwood Center Inc is 133852957. 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 Glynwood Center Inc spend its money?

Glynwood Center Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Glynwood Center Inc's tax-exempt status?

You can verify Glynwood Center Inc's tax-exempt status using EIN 133852957 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

Glynwood Center Inc. demonstrates a generally stable financial position, with assets consistently in the range of $20-32 million over the past decade, reaching $32,039,796 in the latest 202403 filing. While revenue has fluctuated significantly, from a high of $12,119,454 in 201603 to a low of $2,515,953 in 202003, the organization has managed its expenses, which have typically been in the $3.7-6.4 million range. The organization has reported 0% officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing resources towards its mission rather than executive salaries. However, the consistent reporting of 0% officer compensation could also indicate that executive compensation is reported under other categories or that the organization relies heavily on volunteer leadership, which would warrant further investigation for a complete financial picture.

In terms of spending efficiency, the organization has experienced periods where expenses exceeded revenue, such as in 202403 (Revenue $5,700,915 vs. Expenses $6,481,431) and 202303 (Revenue $5,125,559 vs. Expenses $6,000,373), indicating a reliance on reserves or other funding sources during those years. Conversely, there have been periods of significant surpluses, like in 201603 (Revenue $12,119,454 vs. Expenses $4,320,321). The NTEE code W70 suggests a focus on environmental and agricultural programs, and without a detailed breakdown of program vs. administrative vs. fundraising expenses, it's challenging to fully assess spending efficiency. However, the consistent asset growth and relatively low liabilities (e.g., $543,684 in 202403) suggest prudent financial management.

The organization's transparency is commendable regarding executive compensation, with all filings showing 0% officer compensation. This level of transparency is a positive sign, though a deeper dive into the functional expense breakdown would provide a more comprehensive understanding of how funds are allocated. The consistent filing of IRS Form 990s over 14 periods also indicates a commitment to regulatory compliance and public disclosure.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.