Glastonbury Abc Inc
EIN: 237396672 · Glastonbury, CT
| Metric | Value |
|---|---|
| Total Revenue | $144K |
| Total Expenses | $101K |
| Net Assets | $636K |
Is Glastonbury Abc Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glastonbury Abc Inc
Glastonbury Abc Inc (EIN: 237396672) is a nonprofit organization based in Glastonbury, CT. The organization reported total revenue of $144K and total assets of $692K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glastonbury Abc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glastonbury Abc Inc is a small nonprofit that has been operating for 52 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $123K |
| Total Expenses | $101K |
| Surplus / Deficit | +$22K |
| Total Assets | $636K |
| Total Liabilities | $218 |
| Net Assets | $636K |
| Operating Margin | 18.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 75.5 months |
Financial Health Grade: A
In 2023, Glastonbury Abc Inc reported a surplus of $22K with revenue exceeding expenses, holds 75.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Glastonbury Abc Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +81.4% | +29.1% | +3.7% |
| 2022 | -58.3% | -26.3% | -1.8% |
| 2021 | +52.4% | +59.2% | +11.5% |
| 2020 | +36.0% | -13.0% | +12.4% |
| 2019 | +0.3% | -27.5% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glastonbury Abc 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 Glastonbury Abc 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 $22K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Glastonbury Abc Inc
Is Glastonbury Abc Inc a legitimate charity?
Glastonbury Abc Inc (EIN: 237396672) is a registered tax-exempt nonprofit based in Connecticut. It has 12 years of IRS 990 filings on record. Total revenue: $144K. No red flags identified. Financial health grade: A.
How does Glastonbury Abc Inc spend its money?
Glastonbury Abc Inc reported $144K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Glastonbury Abc Inc tax-deductible?
Glastonbury Abc Inc is registered as a tax-exempt nonprofit (EIN: 237396672). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glastonbury Abc Inc located?
Glastonbury Abc Inc is headquartered in Glastonbury, Connecticut and files with the IRS under EIN 237396672.
How many years of IRS 990 filings does Glastonbury Abc Inc have?
Glastonbury Abc Inc has 12 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 $144K in total revenue.
Filing History
IRS 990 filing history for Glastonbury Abc Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Glastonbury Abc Inc's revenue has grown by 62.2%, moving from $76K to $123K. Total assets increased by 61.9% over the same period, from $393K to $636K. Total functional expenses rose by 16.7%, from $87K to $101K. In its most recent filing year (2023), Glastonbury Abc Inc reported a surplus of $22K, with revenue exceeding expenses. The organization holds $218 in liabilities against $636K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $636K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $123K | $101K | $636K | $218 | — | — |
| 2022 | $68K | $78K | $614K | $0 | — | View 990 |
| 2021 | $163K | $106K | $625K | $786 | — | — |
| 2020 | $107K | $67K | $560K | $8K | — | View 990 |
| 2019 | $79K | $77K | $498K | $4K | — | View 990 |
| 2018 | $78K | $106K | $481K | $2K | — | View 990 |
| 2017 | $133K | $96K | $500K | $2K | — | View 990 |
| 2016 | $111K | $77K | $451K | $210 | — | View 990 |
| 2015 | $72K | $84K | $412K | $345 | — | View 990 |
| 2014 | $49K | $102K | $423K | $7K | — | View 990 |
| 2013 | $147K | $87K | $453K | $0 | — | View 990 |
| 2012 | $76K | $87K | $393K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $123K, expenses of $101K, and assets of $636K (revenue +81.4% year-over-year).
- 2022: Revenue of $68K, expenses of $78K, and assets of $614K (revenue -58.3% year-over-year).
- 2021: Revenue of $163K, expenses of $106K, and assets of $625K (revenue +52.4% year-over-year).
- 2020: Revenue of $107K, expenses of $67K, and assets of $560K (revenue +36.0% year-over-year).
- 2019: Revenue of $79K, expenses of $77K, and assets of $498K (revenue +0.3% year-over-year).
- 2018: Revenue of $78K, expenses of $106K, and assets of $481K (revenue -41.0% year-over-year).
- 2017: Revenue of $133K, expenses of $96K, and assets of $500K (revenue +19.7% year-over-year).
- 2016: Revenue of $111K, expenses of $77K, and assets of $451K (revenue +55.5% year-over-year).
- 2015: Revenue of $72K, expenses of $84K, and assets of $412K (revenue +45.7% year-over-year).
- 2014: Revenue of $49K, expenses of $102K, and assets of $423K (revenue -66.6% year-over-year).
- 2013: Revenue of $147K, expenses of $87K, and assets of $453K (revenue +93.2% year-over-year).
- 2012: Revenue of $76K, expenses of $87K, and assets of $393K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glastonbury Abc Inc:
Data Sources and Methodology
This transparency report for Glastonbury Abc 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.