Glacier Hills Foundation
Glacier Hills Foundation shows strong financial growth and zero executive compensation, with assets growing to over $15 million.
EIN: 208072723 · Livonia, MI · NTEE: L11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $737K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $15 |
| Net Assets | $15.1M |
| Transparency Score | 95/100 |
Is Glacier Hills Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Glacier Hills Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Glacier Hills Foundation
Glacier Hills Foundation (EIN: 208072723) is a nonprofit organization based in Livonia, MI, classified under NTEE code L11. The organization reported total revenue of $1.0M and total assets of $18.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glacier Hills Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glacier Hills Foundation is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $737K |
| Surplus / Deficit | +$1.6M |
| Total Assets | $15.1M |
| Total Liabilities | $38K |
| Net Assets | $15.1M |
| Operating Margin | 68.6% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 246.1 months |
Financial Health Grade: A
In 2023, Glacier Hills Foundation reported a surplus of $1.6M with revenue exceeding expenses, holds 246.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Glacier Hills Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.8% | +23.5% | +16.8% |
| 2022 | +12.3% | +31.1% | -16.1% |
| 2021 | +358.7% | -2.4% | +30.3% |
| 2020 | -69.6% | -8.9% | +2.0% |
| 2019 | -32.1% | -48.9% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Glacier Hills Foundation with a Mission Score of 95 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Glacier Hills Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of its size with assets exceeding $15 million. This suggests that leadership roles may be voluntary or compensated through other means not reported as officer compensation, or that the organization operates with an exceptionally lean administrative structure at the executive level.
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 Glacier Hills Foundation's IRS 990 filings:
- Unusually low (0%) officer compensation for an organization of this size, which might warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Glacier Hills Foundation:
- Strong and consistent revenue growth, increasing from $312,847 in 2020 to $2,348,107 in 2023.
- Excellent financial health with expenses consistently well below revenue, leading to significant surpluses.
- Substantial asset growth, from $2,671,398 in 2016 to $15,111,516 in 2023, indicating strong financial management.
- Very low liabilities relative to assets, demonstrating financial stability and low debt burden.
- Consistent reporting of 0% officer compensation, suggesting a high proportion of funds are directed to programs and operations.
Frequently Asked Questions about Glacier Hills Foundation
Is Glacier Hills Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Glacier Hills Foundation (EIN: 208072723) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Glacier Hills Foundation spend its money?
Glacier Hills Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Glacier Hills Foundation tax-deductible?
Glacier Hills Foundation is registered as a tax-exempt nonprofit (EIN: 208072723). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Glacier Hills Foundation CEO make?
Glacier Hills Foundation's highest-compensated officer earns $15 annually. The organization reported $1.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Glacier Hills Foundation's spending goes to programs?
Glacier Hills Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Glacier Hills Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Glacier Hills Foundation is above average for NTEE category L11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Glacier Hills Foundation located?
Glacier Hills Foundation is headquartered in Livonia, Michigan and files with the IRS under EIN 208072723. It is classified under NTEE code L11.
How many years of IRS 990 filings does Glacier Hills Foundation have?
Glacier Hills Foundation 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 $1.0M in total revenue.
How does Glacier Hills Foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with over $15 million in assets and significant revenue. This could indicate that executive roles are filled by volunteers, compensated through a related entity, or that the organization's structure allows for very low or no direct compensation to its top officers, directing more funds to programs.
What are the primary programs funded by Glacier Hills Foundation?
While the NTEE code L11 (Nursing Homes, Convalescent Homes) suggests a focus on elder care or related services, the provided data does not detail specific program expenditures. However, the high program spending ratio implied by the overall financial health indicates a strong commitment to its stated mission area.
Is the recent revenue growth sustainable?
The foundation has shown significant and consistent revenue growth from $312,847 in 2020 to $2,348,107 in 2023. While past performance doesn't guarantee future results, this trend, coupled with increasing assets and low liabilities, suggests a robust fundraising or income generation model that appears sustainable in the short to medium term.
What is the organization's strategy for managing its growing assets?
The assets have grown substantially from $2,671,398 in 2016 to $15,111,516 in 2023. While the filings don't detail investment strategies, this growth indicates effective asset management, likely through a combination of investment returns and accumulated surpluses from operations. The low liabilities suggest a conservative approach to debt.
Filing History
IRS 990 filing history for Glacier Hills Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Glacier Hills Foundation's revenue has grown by 113.7%, moving from $1.1M to $2.3M. Total assets increased by 467.9% over the same period, from $2.7M to $15.1M. Total functional expenses rose by 4%, from $709K to $737K. In its most recent filing year (2023), Glacier Hills Foundation reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $38K in liabilities against $15.1M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $15.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $737K | $15.1M | $38K | — | View 990 |
| 2022 | $1.6M | $596K | $12.9M | $50K | — | View 990 |
| 2021 | $1.4M | $455K | $15.4M | $23K | — | View 990 |
| 2020 | $313K | $466K | $11.8M | $669K | — | View 990 |
| 2019 | $1.0M | $512K | $11.6M | $114K | — | View 990 |
| 2018 | $1.5M | $1.0M | $11.1M | $376K | — | View 990 |
| 2017 | $178K | $154K | $10.1M | $195K | — | View 990 |
| 2017 | $1.1M | $839K | $9.8M | $132K | — | View 990 |
| 2016 | $815K | $589K | $2.7M | $18K | — | View 990 |
| 2014 | $949K | $1.1M | $2.5M | $159K | — | View 990 |
| 2013 | $787K | $1.5M | $2.4M | $98K | — | View 990 |
| 2012 | $1.1M | $664K | $3.0M | $87K | — | View 990 |
| 2011 | $1.1M | $709K | $2.7M | $135K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $737K, and assets of $15.1M (revenue +45.8% year-over-year).
- 2022: Revenue of $1.6M, expenses of $596K, and assets of $12.9M (revenue +12.3% year-over-year).
- 2021: Revenue of $1.4M, expenses of $455K, and assets of $15.4M (revenue +358.7% year-over-year).
- 2020: Revenue of $313K, expenses of $466K, and assets of $11.8M (revenue -69.6% year-over-year).
- 2019: Revenue of $1.0M, expenses of $512K, and assets of $11.6M (revenue -32.1% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.0M, and assets of $11.1M (revenue +749.5% year-over-year).
- 2017: Revenue of $178K, expenses of $154K, and assets of $10.1M (revenue -83.5% year-over-year).
- 2017: Revenue of $1.1M, expenses of $839K, and assets of $9.8M (revenue +32.7% year-over-year).
- 2016: Revenue of $815K, expenses of $589K, and assets of $2.7M (revenue -14.0% year-over-year).
- 2014: Revenue of $949K, expenses of $1.1M, and assets of $2.5M (revenue +20.5% year-over-year).
- 2013: Revenue of $787K, expenses of $1.5M, and assets of $2.4M (revenue -25.4% year-over-year).
- 2012: Revenue of $1.1M, expenses of $664K, and assets of $3.0M (revenue -3.9% year-over-year).
- 2011: Revenue of $1.1M, expenses of $709K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glacier Hills Foundation:
Data Sources and Methodology
This transparency report for Glacier Hills Foundation 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.