Essie B & William Earl Glenn Foundation For Better Living
EIN: 352498198 · Madison, MS · NTEE: Z99
| Metric | Value |
|---|---|
| Total Revenue | $684K |
| Total Expenses | $279K |
| Net Assets | $283K |
Is Essie B & William Earl Glenn Foundation For Better Living Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Essie B & William Earl Glenn Foundation For Better Living
Essie B & William Earl Glenn Foundation For Better Living (EIN: 352498198) is a nonprofit organization based in Madison, MS, classified under NTEE code Z99. The organization reported total revenue of $684K and total assets of $600K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Essie B & William Earl Glenn Foundation For Better Living's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Essie B & William Earl Glenn Foundation For Better Living is a small nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -31.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $228K |
| Total Expenses | $279K |
| Surplus / Deficit | $-51,457 |
| Total Assets | $293K |
| Total Liabilities | $9K |
| Net Assets | $283K |
| Operating Margin | -22.6% |
| Debt-to-Asset Ratio | 3.1% |
| Months of Reserves | 12.6 months |
Financial Health Grade: B
In 2023, Essie B & William Earl Glenn Foundation For Better Living reported a deficit of $51K with expenses exceeding revenue, holds 12.6 months of operating reserves (strong position), has a debt-to-asset ratio of 3.1% (very low leverage).
Financial Trends
Over 3 years of filings (2020–2023), Essie B & William Earl Glenn Foundation For Better Living's revenue has declined at a compound annual growth rate (CAGR) of -31.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -65.9% | -52.1% | -5.2% |
| 2021 | -5.3% | +17.1% | +26.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Essie B & William Earl Glenn Foundation For Better Living has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Essie B & William Earl Glenn Foundation For Better Living with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $51K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.1%.
Frequently Asked Questions about Essie B & William Earl Glenn Foundation For Better Living
Is Essie B & William Earl Glenn Foundation For Better Living a legitimate charity?
Based on AI analysis of IRS 990 filings, Essie B & William Earl Glenn Foundation For Better Living (EIN: 352498198) insufficient data. 0 red flags identified, 0 strengths noted.
How does Essie B & William Earl Glenn Foundation For Better Living spend its money?
Detailed spending breakdown data is not yet available for Essie B & William Earl Glenn Foundation For Better Living. Check back for updated IRS 990 analysis.
Are donations to Essie B & William Earl Glenn Foundation For Better Living tax-deductible?
Essie B & William Earl Glenn Foundation For Better Living is registered as a tax-exempt nonprofit (EIN: 352498198). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Essie B & William Earl Glenn Foundation For Better Living located?
Essie B & William Earl Glenn Foundation For Better Living is headquartered in Madison, Mississippi and files with the IRS under EIN 352498198. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Essie B & William Earl Glenn Foundation For Better Living have?
Essie B & William Earl Glenn Foundation For Better Living has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $684K in total revenue.
Filing History
IRS 990 filing history for Essie B & William Earl Glenn Foundation For Better Living showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2023), Essie B & William Earl Glenn Foundation For Better Living's revenue has declined by 67.7%, moving from $705K to $228K. Total assets increased by 19.7% over the same period, from $244K to $293K. Total functional expenses fell by 43.9%, from $498K to $279K. In its most recent filing year (2023), Essie B & William Earl Glenn Foundation For Better Living reported a deficit of $51K, with expenses exceeding revenue. The organization holds $9K in liabilities against $293K in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $283K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $228K | $279K | $293K | $9K | — | View 990 |
| 2021 | $668K | $583K | $309K | $5K | — | View 990 |
| 2020 | $705K | $498K | $244K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $228K, expenses of $279K, and assets of $293K (revenue -65.9% year-over-year).
- 2021: Revenue of $668K, expenses of $583K, and assets of $309K (revenue -5.3% year-over-year).
- 2020: Revenue of $705K, expenses of $498K, and assets of $244K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Essie B & William Earl Glenn Foundation For Better Living:
Data Sources and Methodology
This transparency report for Essie B & William Earl Glenn Foundation For Better Living 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.