Glenbrook Fireworks Inc
EIN: 452488350 · Glenbrook, NV · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $91K |
| Total Expenses | $88K |
| Net Assets | $81K |
Is Glenbrook Fireworks Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glenbrook Fireworks Inc
Glenbrook Fireworks Inc (EIN: 452488350) is a nonprofit organization based in Glenbrook, NV, classified under NTEE code A20. The organization reported total revenue of $91K and total assets of $96K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glenbrook Fireworks Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glenbrook Fireworks Inc is a micro nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $88K |
| Surplus / Deficit | $-11,158 |
| Total Assets | $81K |
| Net Assets | $81K |
| Operating Margin | -14.6% |
| Months of Reserves | 11.1 months |
Financial Health Grade: B
In 2023, Glenbrook Fireworks Inc reported a deficit of $11K with expenses exceeding revenue, holds 11.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Glenbrook Fireworks Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.2% | +16.2% | -12.1% |
| 2022 | +4.5% | +86.1% | +4.1% |
| 2021 | +839366.7% | +89.2% | +65.4% |
| 2020 | -100.0% | -60.6% | -28.5% |
| 2019 | +13.5% | +4.4% | +17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glenbrook Fireworks 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 Glenbrook Fireworks 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 deficit of $11K, with expenses exceeding revenue.
Frequently Asked Questions about Glenbrook Fireworks Inc
Is Glenbrook Fireworks Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Glenbrook Fireworks Inc (EIN: 452488350) insufficient data. 0 red flags identified, 0 strengths noted.
How does Glenbrook Fireworks Inc spend its money?
Detailed spending breakdown data is not yet available for Glenbrook Fireworks Inc. Check back for updated IRS 990 analysis.
Are donations to Glenbrook Fireworks Inc tax-deductible?
Glenbrook Fireworks Inc is registered as a tax-exempt nonprofit (EIN: 452488350). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glenbrook Fireworks Inc located?
Glenbrook Fireworks Inc is headquartered in Glenbrook, Nevada and files with the IRS under EIN 452488350. It is classified under NTEE code A20.
How many years of IRS 990 filings does Glenbrook Fireworks Inc have?
Glenbrook Fireworks 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 $91K in total revenue.
Filing History
IRS 990 filing history for Glenbrook Fireworks Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Glenbrook Fireworks Inc's revenue has grown by 67.8%, moving from $46K to $76K. Total assets increased by 271.6% over the same period, from $22K to $81K. Total functional expenses rose by 124.1%, from $39K to $88K. In its most recent filing year (2023), Glenbrook Fireworks Inc reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $88K | $81K | $0 | — | — |
| 2022 | $79K | $75K | $92K | $0 | — | — |
| 2021 | $76K | $40K | $89K | $0 | — | — |
| 2020 | $9 | $21K | $54K | $0 | — | View 990 |
| 2019 | $65K | $54K | $75K | $0 | — | View 990 |
| 2018 | $58K | $52K | $64K | $0 | — | View 990 |
| 2017 | $59K | $52K | $58K | $0 | — | View 990 |
| 2016 | $61K | $50K | $52K | $0 | — | View 990 |
| 2015 | $54K | $45K | $41K | $0 | — | View 990 |
| 2014 | $49K | $48K | $32K | $0 | — | View 990 |
| 2013 | $51K | $42K | $31K | $0 | — | View 990 |
| 2012 | $46K | $39K | $22K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $76K, expenses of $88K, and assets of $81K (revenue -3.2% year-over-year).
- 2022: Revenue of $79K, expenses of $75K, and assets of $92K (revenue +4.5% year-over-year).
- 2021: Revenue of $76K, expenses of $40K, and assets of $89K (revenue +839366.7% year-over-year).
- 2020: Revenue of $9, expenses of $21K, and assets of $54K (revenue -100.0% year-over-year).
- 2019: Revenue of $65K, expenses of $54K, and assets of $75K (revenue +13.5% year-over-year).
- 2018: Revenue of $58K, expenses of $52K, and assets of $64K (revenue -2.6% year-over-year).
- 2017: Revenue of $59K, expenses of $52K, and assets of $58K (revenue -3.8% year-over-year).
- 2016: Revenue of $61K, expenses of $50K, and assets of $52K (revenue +13.7% year-over-year).
- 2015: Revenue of $54K, expenses of $45K, and assets of $41K (revenue +9.6% year-over-year).
- 2014: Revenue of $49K, expenses of $48K, and assets of $32K (revenue -3.4% year-over-year).
- 2013: Revenue of $51K, expenses of $42K, and assets of $31K (revenue +12.1% year-over-year).
- 2012: Revenue of $46K, expenses of $39K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glenbrook Fireworks Inc:
Data Sources and Methodology
This transparency report for Glenbrook Fireworks 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.