Glade Valley Athletic Association
EIN: 526060023 · Walkersville, MD
| Metric | Value |
|---|---|
| Total Revenue | $500K |
| Total Expenses | $309K |
| Net Assets | $193K |
Is Glade Valley Athletic Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glade Valley Athletic Association
Glade Valley Athletic Association (EIN: 526060023) is a nonprofit organization based in Walkersville, MD. The organization reported total revenue of $500K and total assets of $256K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glade Valley Athletic Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glade Valley Athletic Association is a small nonprofit that has been operating for 56 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $311K |
| Total Expenses | $309K |
| Surplus / Deficit | +$2K |
| Total Assets | $193K |
| Net Assets | $193K |
| Operating Margin | 0.8% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2023, Glade Valley Athletic Association reported a surplus of $2K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Glade Valley Athletic Association's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.3% | +5.1% | +1.3% |
| 2022 | +43.8% | +60.8% | +7.6% |
| 2021 | +266.7% | +64.4% | +21.2% |
| 2020 | -81.0% | -66.2% | -29.0% |
| 2019 | +1.4% | +36.3% | -9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glade Valley Athletic Association 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 Glade Valley Athletic Association 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 surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about Glade Valley Athletic Association
Is Glade Valley Athletic Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Glade Valley Athletic Association (EIN: 526060023) insufficient data. 0 red flags identified, 0 strengths noted.
How does Glade Valley Athletic Association spend its money?
Detailed spending breakdown data is not yet available for Glade Valley Athletic Association. Check back for updated IRS 990 analysis.
Are donations to Glade Valley Athletic Association tax-deductible?
Glade Valley Athletic Association is registered as a tax-exempt nonprofit (EIN: 526060023). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glade Valley Athletic Association located?
Glade Valley Athletic Association is headquartered in Walkersville, Maryland and files with the IRS under EIN 526060023.
How many years of IRS 990 filings does Glade Valley Athletic Association have?
Glade Valley Athletic Association has 14 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 $500K in total revenue.
Filing History
IRS 990 filing history for Glade Valley Athletic Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Glade Valley Athletic Association's revenue has declined by 5.1%, moving from $328K to $311K. Total assets increased by 23% over the same period, from $157K to $193K. Total functional expenses rose by 4.7%, from $295K to $309K. In its most recent filing year (2023), Glade Valley Athletic Association reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $311K | $309K | $193K | $0 | — | — |
| 2022 | $307K | $294K | $191K | $0 | — | View 990 |
| 2021 | $214K | $183K | $177K | $0 | — | View 990 |
| 2020 | $58K | $111K | $146K | $0 | — | — |
| 2019 | $306K | $328K | $206K | $7K | — | View 990 |
| 2018 | $302K | $241K | $229K | $0 | — | View 990 |
| 2017 | $274K | $275K | $168K | $0 | — | View 990 |
| 2016 | $282K | $267K | $168K | $0 | — | View 990 |
| 2015 | $263K | $269K | $153K | $0 | — | View 990 |
| 2014 | $210K | $207K | $159K | $0 | — | View 990 |
| 2013 | $243K | $235K | $159K | $0 | — | View 990 |
| 2012 | $268K | $252K | $150K | $0 | — | View 990 |
| 2011 | $273K | $297K | $134K | $0 | — | View 990 |
| 2010 | $328K | $295K | $157K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $311K, expenses of $309K, and assets of $193K (revenue +1.3% year-over-year).
- 2022: Revenue of $307K, expenses of $294K, and assets of $191K (revenue +43.8% year-over-year).
- 2021: Revenue of $214K, expenses of $183K, and assets of $177K (revenue +266.7% year-over-year).
- 2020: Revenue of $58K, expenses of $111K, and assets of $146K (revenue -81.0% year-over-year).
- 2019: Revenue of $306K, expenses of $328K, and assets of $206K (revenue +1.4% year-over-year).
- 2018: Revenue of $302K, expenses of $241K, and assets of $229K (revenue +10.2% year-over-year).
- 2017: Revenue of $274K, expenses of $275K, and assets of $168K (revenue -3.0% year-over-year).
- 2016: Revenue of $282K, expenses of $267K, and assets of $168K (revenue +7.2% year-over-year).
- 2015: Revenue of $263K, expenses of $269K, and assets of $153K (revenue +25.6% year-over-year).
- 2014: Revenue of $210K, expenses of $207K, and assets of $159K (revenue -13.8% year-over-year).
- 2013: Revenue of $243K, expenses of $235K, and assets of $159K (revenue -9.2% year-over-year).
- 2012: Revenue of $268K, expenses of $252K, and assets of $150K (revenue -1.9% year-over-year).
- 2011: Revenue of $273K, expenses of $297K, and assets of $134K (revenue -16.6% year-over-year).
- 2010: Revenue of $328K, expenses of $295K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glade Valley Athletic Association:
Data Sources and Methodology
This transparency report for Glade Valley Athletic Association 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.