Glass Fusion Collective Inc
EIN: 842305948 · Honolulu, HI · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $80K |
| Net Assets | $66K |
Is Glass Fusion Collective Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glass Fusion Collective Inc
Glass Fusion Collective Inc (EIN: 842305948) is a nonprofit organization based in Honolulu, HI, classified under NTEE code A25. The organization reported total revenue of $108K and total assets of $79K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glass Fusion Collective Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glass Fusion Collective Inc is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 36.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $80K |
| Surplus / Deficit | +$3K |
| Total Assets | $66K |
| Net Assets | $66K |
| Operating Margin | 3.9% |
| Months of Reserves | 9.9 months |
Financial Health Grade: A
In 2023, Glass Fusion Collective Inc reported a surplus of $3K with revenue exceeding expenses, holds 9.9 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Glass Fusion Collective Inc's revenue has grown at a compound annual growth rate (CAGR) of 36.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.6% | +162.3% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glass Fusion Collective Inc 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 Glass Fusion Collective Inc 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 $3K, with revenue exceeding expenses.
Frequently Asked Questions about Glass Fusion Collective Inc
Is Glass Fusion Collective Inc a legitimate charity?
Glass Fusion Collective Inc (EIN: 842305948) is a registered tax-exempt nonprofit based in Hawaii. It has 2 years of IRS 990 filings on record. Total revenue: $108K. No red flags identified. Financial health grade: A.
How does Glass Fusion Collective Inc spend its money?
Glass Fusion Collective Inc reported $108K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Glass Fusion Collective Inc tax-deductible?
Glass Fusion Collective Inc is registered as a tax-exempt nonprofit (EIN: 842305948). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glass Fusion Collective Inc located?
Glass Fusion Collective Inc is headquartered in Honolulu, Hawaii and files with the IRS under EIN 842305948. It is classified under NTEE code A25.
How many years of IRS 990 filings does Glass Fusion Collective Inc have?
Glass Fusion Collective Inc has 2 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 $108K in total revenue.
Filing History
IRS 990 filing history for Glass Fusion Collective Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Glass Fusion Collective Inc's revenue has grown by 36.6%, moving from $61K to $84K. Total assets increased by 5.9% over the same period, from $63K to $66K. Total functional expenses rose by 162.3%, from $31K to $80K. In its most recent filing year (2023), Glass Fusion Collective Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $80K | $66K | $0 | — | — |
| 2022 | $61K | $31K | $63K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glass Fusion Collective Inc:
Data Sources and Methodology
This transparency report for Glass Fusion Collective 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.