Glencairn Community Improvement Association
EIN: 741936839 · Houston, TX
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $931K |
| Net Assets | $-891,941 |
Is Glencairn Community Improvement Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glencairn Community Improvement Association
Glencairn Community Improvement Association (EIN: 741936839) is a nonprofit organization based in Houston, TX. The organization reported total revenue of $1.6M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glencairn Community Improvement Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glencairn Community Improvement Association is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $931K |
| Surplus / Deficit | +$239K |
| Total Assets | $579K |
| Total Liabilities | $1.5M |
| Net Assets | $-891,941 |
| Operating Margin | 20.4% |
| Debt-to-Asset Ratio | 253.9% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2023, Glencairn Community Improvement Association reported a surplus of $239K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 253.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Glencairn Community Improvement Association's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.4% | -25.7% | +11.2% |
| 2022 | +15.6% | -31.6% | +0.4% |
| 2021 | -4.6% | +9.5% | -58.2% |
| 2020 | -4.7% | +30.7% | -33.3% |
| 2019 | +1.1% | +1.4% | +68.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glencairn Community Improvement 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 Glencairn Community Improvement 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 $239K, with revenue exceeding expenses.
- Debt-to-asset ratio: 253.9%.
Frequently Asked Questions about Glencairn Community Improvement Association
Is Glencairn Community Improvement Association a legitimate charity?
Glencairn Community Improvement Association (EIN: 741936839) is a registered tax-exempt nonprofit based in Texas. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: A.
How does Glencairn Community Improvement Association spend its money?
Glencairn Community Improvement Association reported $1.6M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Glencairn Community Improvement Association tax-deductible?
Glencairn Community Improvement Association is registered as a tax-exempt nonprofit (EIN: 741936839). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glencairn Community Improvement Association located?
Glencairn Community Improvement Association is headquartered in Houston, Texas and files with the IRS under EIN 741936839.
How many years of IRS 990 filings does Glencairn Community Improvement Association have?
Glencairn Community Improvement Association 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 $1.6M in total revenue.
Filing History
IRS 990 filing history for Glencairn Community Improvement Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Glencairn Community Improvement Association's revenue has grown by 3.8%, moving from $1.1M to $1.2M. Total assets increased by 2% over the same period, from $568K to $579K. Total functional expenses fell by 6.2%, from $992K to $931K. In its most recent filing year (2023), Glencairn Community Improvement Association reported a surplus of $239K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $579K in assets (debt-to-asset ratio: 253.9%), resulting in net assets of $-891,941.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $931K | $579K | $1.5M | — | — |
| 2022 | $1.2M | $1.3M | $521K | $1.6M | — | View 990 |
| 2021 | $1.1M | $1.8M | $519K | $1.6M | — | View 990 |
| 2020 | $1.1M | $1.7M | $1.2M | $1.1M | — | — |
| 2019 | $1.2M | $1.3M | $1.9M | $1.2M | — | View 990 |
| 2018 | $1.2M | $1.3M | $1.1M | $388K | — | View 990 |
| 2017 | $1.0M | $927K | $1.1M | $261K | — | View 990 |
| 2016 | $1.1M | $1.1M | $1.0M | $330K | — | View 990 |
| 2015 | $1.1M | $1.1M | $1.2M | $498K | — | View 990 |
| 2014 | $1.1M | $987K | $1.0M | $357K | — | View 990 |
| 2013 | $1.1M | $1.1M | $843K | $303K | — | View 990 |
| 2012 | $1.1M | $966K | $873K | $374K | — | View 990 |
| 2011 | $1.1M | $992K | $568K | $232K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $931K, and assets of $579K (revenue -5.4% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.3M, and assets of $521K (revenue +15.6% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.8M, and assets of $519K (revenue -4.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.7M, and assets of $1.2M (revenue -4.7% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $1.9M (revenue +1.1% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $1.1M (revenue +11.3% year-over-year).
- 2017: Revenue of $1.0M, expenses of $927K, and assets of $1.1M (revenue -8.2% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $1.0M (revenue +2.6% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $1.2M (revenue -2.4% year-over-year).
- 2014: Revenue of $1.1M, expenses of $987K, and assets of $1.0M (revenue +2.6% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $843K (revenue -1.7% year-over-year).
- 2012: Revenue of $1.1M, expenses of $966K, and assets of $873K (revenue +0.2% year-over-year).
- 2011: Revenue of $1.1M, expenses of $992K, and assets of $568K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glencairn Community Improvement Association:
Data Sources and Methodology
This transparency report for Glencairn Community Improvement 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.