Glass Packaging Institute
Glass Packaging Institute shows fluctuating annual deficits and declining assets, with no reported officer compensation.
EIN: 131524721 · Arlington, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.4M |
| Program Spending | 80% |
| Net Assets | $607K |
| Transparency Score | 75/100 |
Is Glass Packaging Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Glass Packaging Institute directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Glass Packaging Institute
Glass Packaging Institute (EIN: 131524721) is a nonprofit organization based in Arlington, VA. The organization reported total revenue of $2.6M and total assets of $946K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glass Packaging Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glass Packaging Institute is a mid-size nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-190,702 |
| Total Assets | $953K |
| Total Liabilities | $345K |
| Net Assets | $607K |
| Operating Margin | -8.5% |
| Debt-to-Asset Ratio | 36.2% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2023, Glass Packaging Institute reported a deficit of $191K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 36.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Glass Packaging Institute's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.6% | +16.4% | -19.0% |
| 2022 | +9.7% | +2.2% | +11.6% |
| 2021 | -5.1% | +6.5% | -5.8% |
| 2020 | +38.9% | -2.3% | +8.7% |
| 2019 | -27.6% | -16.5% | -38.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1946 |
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 Glass Packaging Institute with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Glass Packaging Institute allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $191K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive compensation is either non-existent, paid through a related entity, or not categorized as direct officer compensation on the 990 form, which enhances transparency if truly zero.
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 Glass Packaging Institute's IRS 990 filings:
- Consistent annual deficits in multiple years (e.g., 2023, 2021, 2019, 2018) where expenses exceed revenue.
- Significant decline in total assets from $1,984,525 in 2017 to $952,565 in 2023, indicating potential erosion of financial reserves.
Strengths
The following positive indicators were identified for Glass Packaging Institute:
- Consistent reporting of 0% officer compensation, indicating either volunteer leadership or high transparency in executive pay structure.
- Stable revenue generation generally above $2 million annually, demonstrating consistent operational capacity.
Frequently Asked Questions about Glass Packaging Institute
Is Glass Packaging Institute a legitimate charity?
Glass Packaging Institute (EIN: 131524721) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.6M. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Glass Packaging Institute spend its money?
Glass Packaging Institute directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Glass Packaging Institute tax-deductible?
Glass Packaging Institute is registered as a tax-exempt nonprofit (EIN: 131524721). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Glass Packaging Institute's spending goes to programs?
Glass Packaging Institute directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Glass Packaging Institute located?
Glass Packaging Institute is headquartered in Arlington, Virginia and files with the IRS under EIN 131524721.
How many years of IRS 990 filings does Glass Packaging Institute have?
Glass Packaging Institute 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 $2.6M in total revenue.
What is the primary reason for the consistent reporting of 0% officer compensation?
This could indicate that officers are volunteers, compensated by a related entity, or that their compensation is categorized differently on the 990, requiring further detail from the organization.
What is the cause of the declining asset trend from $1.98 million in 2017 to $952,565 in 2023?
The decline in assets could be due to consistent operational deficits, significant investments, or changes in asset valuation, which would need to be clarified by the organization.
How does the organization manage its annual deficits, such as the $190,702 deficit in 2023?
Annual deficits are likely covered by drawing from accumulated reserves or other non-operating income sources, which could impact long-term financial health if not managed effectively.
Filing History
IRS 990 filing history for Glass Packaging Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Glass Packaging Institute's revenue has declined by 17.3%, moving from $2.7M to $2.2M. Total assets decreased by 16.6% over the same period, from $1.1M to $953K. Total functional expenses fell by 7.5%, from $2.6M to $2.4M. In its most recent filing year (2023), Glass Packaging Institute reported a deficit of $191K, with expenses exceeding revenue. The organization holds $345K in liabilities against $953K in assets (debt-to-asset ratio: 36.2%), resulting in net assets of $607K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.4M | $953K | $345K | — | — |
| 2022 | $2.1M | $2.1M | $1.2M | $439K | — | View 990 |
| 2021 | $1.9M | $2.0M | $1.1M | $369K | — | View 990 |
| 2020 | $2.0M | $1.9M | $1.1M | $350K | — | View 990 |
| 2019 | $1.5M | $2.0M | $1.0M | $381K | — | — |
| 2018 | $2.0M | $2.3M | $1.7M | $529K | — | View 990 |
| 2017 | $2.3M | $2.1M | $2.0M | $518K | — | View 990 |
| 2016 | $2.3M | $2.3M | $1.8M | $589K | — | View 990 |
| 2015 | $2.4M | $2.2M | $1.6M | $403K | — | View 990 |
| 2014 | $2.5M | $2.4M | $1.6M | $569K | — | View 990 |
| 2013 | $2.6M | $2.6M | $1.5M | $547K | — | View 990 |
| 2012 | $2.5M | $2.2M | $1.6M | $1.1M | — | View 990 |
| 2011 | $2.7M | $2.6M | $1.1M | $936K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.4M, and assets of $953K (revenue +5.6% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.1M, and assets of $1.2M (revenue +9.7% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.0M, and assets of $1.1M (revenue -5.1% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.9M, and assets of $1.1M (revenue +38.9% year-over-year).
- 2019: Revenue of $1.5M, expenses of $2.0M, and assets of $1.0M (revenue -27.6% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.3M, and assets of $1.7M (revenue -13.3% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.1M, and assets of $2.0M (revenue +1.2% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.3M, and assets of $1.8M (revenue -3.9% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.2M, and assets of $1.6M (revenue -4.4% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.4M, and assets of $1.6M (revenue -3.6% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.6M, and assets of $1.5M (revenue +3.6% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.2M, and assets of $1.6M (revenue -7.1% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.6M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glass Packaging Institute:
Data Sources and Methodology
This transparency report for Glass Packaging Institute 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.