Quick charity verification for National Glass Association Foundation (EIN: 204794426)
Verdict: National Glass Association Foundation appears trustworthy
85/100Mission Score
$555KRevenue
$824KAssets
2Red Flags
4Strengths
Red Flags
Significant fluctuations in historical revenue and expenses, including periods of $0 expenses or very low revenue, suggest inconsistent operational activity or reporting issues.
Increase in liabilities from $93,962 in 2022 to $162,980 in 2023, which, while accompanied by asset growth, should be monitored.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency and dedication of funds to mission.
Positive trend in revenue growth in recent years (2021-2023).
Assets consistently exceed liabilities, indicating a healthy balance sheet.
Consistent filing of IRS Form 990s over 13 periods demonstrates commitment to transparency and compliance.
Spending Breakdown
How National Glass Association Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 National Glass Association Foundation
Is National Glass Association Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, National Glass Association Foundation (EIN: 204794426) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is National Glass Association Foundation a good charity to donate to?
National Glass Association Foundation has a Mission Score of 85/100. Revenue: $555K. Assets: $824K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for National Glass Association Foundation?
The Employer Identification Number (EIN) for National Glass Association Foundation is 204794426. 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 National Glass Association Foundation spend its money?
National Glass Association Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify National Glass Association Foundation's tax-exempt status?
You can verify National Glass Association Foundation's tax-exempt status using EIN 204794426 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 National Glass Association Foundation demonstrates a generally stable financial position, with assets growing from $329,643 in 2022 to $437,403 in 2023, alongside an increase in liabilities from $93,962 to $162,980 in the same period. Revenue has shown consistent growth in recent years, reaching $204,550 in 2023, which is a positive indicator of donor support or earned income. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries.
Spending efficiency appears reasonable, with expenses of $165,808 against revenues of $204,550 in 2023, suggesting that the organization is operating within its means. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, a precise assessment of spending efficiency is challenging. The significant fluctuation in revenue and expenses in earlier years (e.g., $1 revenue and $3,796 expenses in 2017, or $174,936 revenue and $0 expenses in 2019) suggests periods of dormancy or significant changes in operational scope, which could warrant further investigation for a complete understanding of its historical financial management.
Transparency is high regarding executive compensation, as consistently reported 0% officer compensation is a clear and positive signal. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to regulatory compliance and public disclosure. However, the lack of detailed expense breakdowns in the provided summary limits the ability to fully assess how funds are allocated across different functions, which is a key aspect of financial transparency for donors.