Glencastle Inc
EIN: 581849631 · Atlanta, GA
| Metric | Value |
|---|---|
| Total Expenses | $82K |
| Net Assets | $737K |
Is Glencastle Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glencastle Inc
Glencastle Inc (EIN: 581849631) is a nonprofit organization based in Atlanta, GA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glencastle Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glencastle Inc is a micro nonprofit, with 6 years of IRS 990 filings on record (2010–2015).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -100.0% | -8.3% | -10.0% |
| 2014 | -18.6% | +0.2% | -17.2% |
| 2013 | -46.3% | -3.2% | +0.8% |
| 2012 | -94.5% | -77.2% | -14.8% |
| 2011 | -4.5% | +1.4% | -10.3% |
AI Analysis Pending
AI enrichment for Glencastle 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 Glencastle 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 (2015)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Glencastle Inc
Is Glencastle Inc a legitimate charity?
Glencastle Inc (EIN: 581849631) is a registered tax-exempt nonprofit based in Georgia. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Glencastle Inc spend its money?
Glencastle Inc reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Glencastle Inc tax-deductible?
Glencastle Inc is registered as a tax-exempt nonprofit (EIN: 581849631). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glencastle Inc located?
Glencastle Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 581849631.
How many years of IRS 990 filings does Glencastle Inc have?
Glencastle Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Glencastle Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2010–2015), Glencastle Inc's revenue has declined by 100%, moving from $306K to $0. Total assets decreased by 42.7% over the same period, from $1.3M to $737K. Total functional expenses fell by 79.4%, from $399K to $82K. The organization holds $330 in liabilities against $737K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $737K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $0 | $82K | $737K | $330 | — | View 990 |
| 2014 | $7K | $89K | $819K | $0 | — | View 990 |
| 2013 | $9K | $89K | $989K | $4K | — | View 990 |
| 2012 | $16K | $92K | $982K | $0 | — | View 990 |
| 2011 | $292K | $404K | $1.2M | $35K | — | View 990 |
| 2010 | $306K | $399K | $1.3M | $-681 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $0, expenses of $82K, and assets of $737K (revenue -100.0% year-over-year).
- 2014: Revenue of $7K, expenses of $89K, and assets of $819K (revenue -18.6% year-over-year).
- 2013: Revenue of $9K, expenses of $89K, and assets of $989K (revenue -46.3% year-over-year).
- 2012: Revenue of $16K, expenses of $92K, and assets of $982K (revenue -94.5% year-over-year).
- 2011: Revenue of $292K, expenses of $404K, and assets of $1.2M (revenue -4.5% year-over-year).
- 2010: Revenue of $306K, expenses of $399K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glencastle Inc:
Data Sources and Methodology
This transparency report for Glencastle 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.