Gene B Glick Family Housing Foundation Inc
Gene B Glick Family Housing Foundation Inc shows consistent revenue and asset growth with no reported officer compensation.
EIN: 201698926 · Indianapolis, IN · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $108.8M |
| Total Expenses | $75.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $209.8M |
| Transparency Score | 85/100 |
Is Gene B Glick Family Housing Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gene B Glick Family Housing Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gene B Glick Family Housing Foundation Inc
Gene B Glick Family Housing Foundation Inc (EIN: 201698926) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code L20. The organization reported total revenue of $108.8M and total assets of $439.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gene B Glick Family Housing Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gene B Glick Family Housing Foundation Inc is a major nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $96.7M |
| Total Expenses | $75.1M |
| Surplus / Deficit | +$21.5M |
| Total Assets | $369.2M |
| Total Liabilities | $159.3M |
| Net Assets | $209.8M |
| Operating Margin | 22.3% |
| Debt-to-Asset Ratio | 43.2% |
| Months of Reserves | 59.0 months |
Financial Health Grade: A
In 2023, Gene B Glick Family Housing Foundation Inc reported a surplus of $21.5M with revenue exceeding expenses, holds 59.0 months of operating reserves (strong position), has a debt-to-asset ratio of 43.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gene B Glick Family Housing Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.4% | -2.1% | +1.9% |
| 2022 | +26.2% | +19.8% | -3.4% |
| 2021 | +4.8% | +13.4% | +20.0% |
| 2020 | +13.8% | +4.0% | +5.6% |
| 2019 | -7.6% | +11.3% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gene B Glick Family Housing Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Gene B Glick Family Housing Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, including the latest period ending 202312. This indicates that no compensation is paid to officers directly by the foundation, which is highly unusual for an organization of its size with revenues nearing $100 million, suggesting executive leadership may be compensated through related entities or operate on a volunteer basis.
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 Gene B Glick Family Housing Foundation Inc's IRS 990 filings:
- Consistent 0% officer compensation for a large organization, which may obscure true executive costs if compensated by related entities.
Strengths
The following positive indicators were identified for Gene B Glick Family Housing Foundation Inc:
- Strong and consistent revenue growth, from $42,286,341 in 2014 to $96,672,537 in 2023.
- Significant asset growth, from $122,091,475 in 2014 to $369,168,191 in 2023, indicating financial stability.
- Healthy surplus generation, with revenues exceeding expenses (e.g., $96,672,537 revenue vs. $75,131,653 expenses in 2023).
- Clear alignment with NTEE code L20 (Housing, Shelter) and implied mission focus.
Frequently Asked Questions about Gene B Glick Family Housing Foundation Inc
Is Gene B Glick Family Housing Foundation Inc a legitimate charity?
Gene B Glick Family Housing Foundation Inc (EIN: 201698926) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $108.8M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Gene B Glick Family Housing Foundation Inc spend its money?
Gene B Glick Family Housing Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Gene B Glick Family Housing Foundation Inc tax-deductible?
Gene B Glick Family Housing Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201698926). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gene B Glick Family Housing Foundation Inc CEO make?
Gene B Glick Family Housing Foundation Inc's highest-compensated officer earns $100 annually. The organization reported $108.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gene B Glick Family Housing Foundation Inc's spending goes to programs?
Gene B Glick Family Housing Foundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gene B Glick Family Housing Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Gene B Glick Family Housing Foundation Inc is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gene B Glick Family Housing Foundation Inc located?
Gene B Glick Family Housing Foundation Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 201698926. It is classified under NTEE code L20.
How many years of IRS 990 filings does Gene B Glick Family Housing Foundation Inc have?
Gene B Glick Family Housing Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $108.8M in total revenue.
How does the organization manage to have 0% officer compensation with such high revenue?
The consistent reporting of 0% officer compensation across all filings suggests that executive leadership may be compensated by a related entity, or they may serve in a volunteer capacity. This is a significant operational model for an organization with revenues approaching $100 million.
What is the specific breakdown of program vs. administrative expenses?
While the 990 data shows total expenses, a detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary. However, given the NTEE code and mission, a significant portion is presumed to be programmatic.
What is the primary source of the organization's substantial revenue growth?
The provided data indicates consistent revenue growth from $42,286,341 in 2014 to $96,672,537 in 2023. Further analysis of the 990s would be needed to identify the specific revenue streams driving this growth, such as grants, program service revenue, or investment income.
Are there any related organizations that might be involved in executive compensation or shared services?
The consistent 0% officer compensation strongly suggests the possibility of related organizations providing shared services or compensating executives. A deeper dive into the full 990 forms would be necessary to identify any such relationships.
Filing History
IRS 990 filing history for Gene B Glick Family Housing Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gene B Glick Family Housing Foundation Inc's revenue has grown by 453.1%, moving from $17.5M to $96.7M. Total assets increased by 727.7% over the same period, from $44.6M to $369.2M. Total functional expenses rose by 2050.8%, from $3.5M to $75.1M. In its most recent filing year (2023), Gene B Glick Family Housing Foundation Inc reported a surplus of $21.5M, with revenue exceeding expenses. The organization holds $159.3M in liabilities against $369.2M in assets (debt-to-asset ratio: 43.2%), resulting in net assets of $209.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $96.7M | $75.1M | $369.2M | $159.3M | — | — |
| 2022 | $87.5M | $76.7M | $362.2M | $173.9M | — | View 990 |
| 2021 | $69.4M | $64.1M | $374.8M | $197.3M | — | View 990 |
| 2020 | $66.2M | $56.5M | $312.4M | $140.2M | — | View 990 |
| 2019 | $58.2M | $54.3M | $295.7M | $133.2M | — | View 990 |
| 2018 | $63.0M | $48.8M | $277.8M | $119.2M | — | View 990 |
| 2017 | $54.4M | $37.3M | $240.8M | $96.4M | — | View 990 |
| 2016 | $31.8M | $27.3M | $176.3M | $49.0M | — | View 990 |
| 2015 | $55.7M | $18.8M | $158.3M | $35.5M | — | View 990 |
| 2014 | $42.3M | $17.8M | $122.1M | $36.1M | — | View 990 |
| 2013 | $26.1M | $12.3M | $91.1M | $29.6M | — | View 990 |
| 2012 | $20.3M | $6.8M | $72.5M | $24.8M | — | View 990 |
| 2011 | $17.5M | $3.5M | $44.6M | $10.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $96.7M, expenses of $75.1M, and assets of $369.2M (revenue +10.4% year-over-year).
- 2022: Revenue of $87.5M, expenses of $76.7M, and assets of $362.2M (revenue +26.2% year-over-year).
- 2021: Revenue of $69.4M, expenses of $64.1M, and assets of $374.8M (revenue +4.8% year-over-year).
- 2020: Revenue of $66.2M, expenses of $56.5M, and assets of $312.4M (revenue +13.8% year-over-year).
- 2019: Revenue of $58.2M, expenses of $54.3M, and assets of $295.7M (revenue -7.6% year-over-year).
- 2018: Revenue of $63.0M, expenses of $48.8M, and assets of $277.8M (revenue +15.8% year-over-year).
- 2017: Revenue of $54.4M, expenses of $37.3M, and assets of $240.8M (revenue +71.1% year-over-year).
- 2016: Revenue of $31.8M, expenses of $27.3M, and assets of $176.3M (revenue -42.9% year-over-year).
- 2015: Revenue of $55.7M, expenses of $18.8M, and assets of $158.3M (revenue +31.7% year-over-year).
- 2014: Revenue of $42.3M, expenses of $17.8M, and assets of $122.1M (revenue +62.2% year-over-year).
- 2013: Revenue of $26.1M, expenses of $12.3M, and assets of $91.1M (revenue +28.2% year-over-year).
- 2012: Revenue of $20.3M, expenses of $6.8M, and assets of $72.5M (revenue +16.3% year-over-year).
- 2011: Revenue of $17.5M, expenses of $3.5M, and assets of $44.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gene B Glick Family Housing Foundation Inc:
Data Sources and Methodology
This transparency report for Gene B Glick Family Housing Foundation Inc 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.