A Glimmer Of Hope Austin
A Glimmer Of Hope Austin faces significant financial challenges with a sharp revenue decline and operating deficit in its latest fiscal year.
EIN: 200733502 · Cedar Park, TX · NTEE: T22 · Updated: 2026-03-28
Is A Glimmer Of Hope Austin Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
A Glimmer Of Hope Austin directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About A Glimmer Of Hope Austin
A Glimmer Of Hope Austin (EIN: 200733502) is a nonprofit organization based in Cedar Park, TX, classified under NTEE code T22. The organization reported total revenue of $898K and total assets of $423K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A Glimmer Of Hope Austin's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A Glimmer Of Hope Austin with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, A Glimmer Of Hope Austin allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with revenues that have exceeded $2 million in recent years.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of A Glimmer Of Hope Austin's IRS 990 filings:
- Significant operating deficit in the latest fiscal year (2023 revenue $163,373 vs. expenses $579,388).
- Dramatic year-over-year revenue volatility, with a sharp decline from $2.5M+ in 2022 to $163K in 2023.
- High liabilities ($1,126,774) relative to assets ($1,183,113) in the latest filing, indicating potential financial strain.
Strengths
The following positive indicators were identified for A Glimmer Of Hope Austin:
- Consistent reporting of 0% officer compensation across all available filings, indicating a commitment to minimizing executive overhead.
- Demonstrated ability to generate substantial revenue in prior years (e.g., $2.5M+ in 2021 and 2022).
Frequently Asked Questions about A Glimmer Of Hope Austin
Is A Glimmer Of Hope Austin a legitimate charity?
Based on AI analysis of IRS 990 filings, A Glimmer Of Hope Austin (EIN: 200733502) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does A Glimmer Of Hope Austin spend its money?
A Glimmer Of Hope Austin directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to A Glimmer Of Hope Austin tax-deductible?
A Glimmer Of Hope Austin is registered as a tax-exempt nonprofit (EIN: 200733502). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the dramatic drop in revenue from $2,566,685 in 2022 to $163,373 in 2023?
The IRS 990 data indicates a significant decrease in funding or operational scale, but the specific reasons are not detailed in the provided summary.
How does A Glimmer Of Hope Austin plan to address the operating deficit of over $400,000 in 2023?
The provided data shows expenses of $579,388 against revenues of $163,373 in 2023, but the organization's strategy for managing this deficit is not disclosed.
What is the nature of the high liabilities ($1,126,774) reported in 2023 relative to assets ($1,183,113)?
The high liability-to-asset ratio suggests significant financial obligations, but the specific types of liabilities (e.g., program-related, debt) are not detailed in the summary.
Filing History
IRS 990 filing history for A Glimmer Of Hope Austin showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), A Glimmer Of Hope Austin's revenue has declined by 46.9%, moving from $307K to $163K. Total assets increased by 157.2% over the same period, from $460K to $1.2M. Total functional expenses rose by 56.6%, from $370K to $579K. In its most recent filing year (2023), A Glimmer Of Hope Austin reported a deficit of $416K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $1.2M in assets (debt-to-asset ratio: 95.2%), resulting in net assets of $56K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $163K | $579K | $1.2M | $1.1M | — | — |
| 2022 | $2.6M | $2.1M | $2.3M | $1.9M | — | View 990 |
| 2021 | $2.7M | $2.7M | $1.4M | $1.4M | — | View 990 |
| 2020 | $929K | $1.1M | $102K | $10K | — | — |
| 2019 | $789K | $1.1M | $244K | $7K | — | — |
| 2015 | $584K | $598K | $575K | $3K | — | View 990 |
| 2014 | $1.0M | $557K | $592K | $5K | — | View 990 |
| 2013 | $392K | $592K | $144K | $5K | — | View 990 |
| 2012 | $340K | $394K | $406K | $68K | — | View 990 |
| 2011 | $307K | $370K | $460K | $110K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $163K, expenses of $579K, and assets of $1.2M (revenue -93.6% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.1M, and assets of $2.3M (revenue -3.7% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.7M, and assets of $1.4M (revenue +187.0% year-over-year).
- 2020: Revenue of $929K, expenses of $1.1M, and assets of $102K (revenue +17.8% year-over-year).
- 2019: Revenue of $789K, expenses of $1.1M, and assets of $244K (revenue +35.1% year-over-year).
- 2015: Revenue of $584K, expenses of $598K, and assets of $575K (revenue -41.7% year-over-year).
- 2014: Revenue of $1.0M, expenses of $557K, and assets of $592K (revenue +155.4% year-over-year).
- 2013: Revenue of $392K, expenses of $592K, and assets of $144K (revenue +15.4% year-over-year).
- 2012: Revenue of $340K, expenses of $394K, and assets of $406K (revenue +10.5% year-over-year).
- 2011: Revenue of $307K, expenses of $370K, and assets of $460K.
Data Sources and Methodology
This transparency report for A Glimmer Of Hope Austin is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.