Glenfield North Association Inc
EIN: 237097005 · Wheaton, MD
| Metric | Value |
|---|---|
| Total Revenue | $80K |
| Total Expenses | $79K |
| Net Assets | $190K |
Is Glenfield North Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glenfield North Association Inc
Glenfield North Association Inc (EIN: 237097005) is a nonprofit organization based in Wheaton, MD. The organization reported total revenue of $80K and total assets of $212K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glenfield North Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glenfield North Association Inc is a micro nonprofit that has been operating for 55 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $79K |
| Surplus / Deficit | $-2,594 |
| Total Assets | $190K |
| Net Assets | $190K |
| Operating Margin | -3.4% |
| Months of Reserves | 29.1 months |
Financial Health Grade: B
In 2022, Glenfield North Association Inc reported a deficit of $3K with expenses exceeding revenue, holds 29.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Glenfield North Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +4.1% | +32.2% | -1.3% |
| 2021 | +7.6% | +17.1% | +7.6% |
| 2020 | -1.1% | -74.0% | +10.5% |
| 2019 | +2.2% | +411.2% | -43.8% |
| 2018 | -0.9% | -3.5% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glenfield North Association 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 Glenfield North Association 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about Glenfield North Association Inc
Is Glenfield North Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Glenfield North Association Inc (EIN: 237097005) insufficient data. 0 red flags identified, 0 strengths noted.
How does Glenfield North Association Inc spend its money?
Detailed spending breakdown data is not yet available for Glenfield North Association Inc. Check back for updated IRS 990 analysis.
Are donations to Glenfield North Association Inc tax-deductible?
Glenfield North Association Inc is registered as a tax-exempt nonprofit (EIN: 237097005). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glenfield North Association Inc located?
Glenfield North Association Inc is headquartered in Wheaton, Maryland and files with the IRS under EIN 237097005.
How many years of IRS 990 filings does Glenfield North Association Inc have?
Glenfield North Association 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 $80K in total revenue.
Filing History
IRS 990 filing history for Glenfield North Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Glenfield North Association Inc's revenue has declined by 3.9%, moving from $79K to $76K. Total assets increased by 63.4% over the same period, from $117K to $190K. Total functional expenses rose by 1.8%, from $77K to $79K. In its most recent filing year (2022), Glenfield North Association Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $76K | $79K | $190K | $0 | — | View 990 |
| 2021 | $73K | $59K | $193K | $0 | — | — |
| 2020 | $68K | $51K | $179K | $0 | — | — |
| 2019 | $69K | $195K | $162K | $0 | — | View 990 |
| 2018 | $67K | $38K | $289K | $0 | — | View 990 |
| 2017 | $68K | $40K | $260K | $0 | — | — |
| 2016 | $67K | $51K | $231K | $0 | — | View 990 |
| 2015 | $67K | $71K | $215K | $0 | — | View 990 |
| 2014 | $77K | $48K | $219K | $0 | — | View 990 |
| 2013 | $79K | $46K | $190K | $0 | — | View 990 |
| 2012 | $84K | $43K | $158K | $0 | — | View 990 |
| 2011 | $79K | $77K | $117K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $76K, expenses of $79K, and assets of $190K (revenue +4.1% year-over-year).
- 2021: Revenue of $73K, expenses of $59K, and assets of $193K (revenue +7.6% year-over-year).
- 2020: Revenue of $68K, expenses of $51K, and assets of $179K (revenue -1.1% year-over-year).
- 2019: Revenue of $69K, expenses of $195K, and assets of $162K (revenue +2.2% year-over-year).
- 2018: Revenue of $67K, expenses of $38K, and assets of $289K (revenue -0.9% year-over-year).
- 2017: Revenue of $68K, expenses of $40K, and assets of $260K (revenue +0.8% year-over-year).
- 2016: Revenue of $67K, expenses of $51K, and assets of $231K (revenue +0.2% year-over-year).
- 2015: Revenue of $67K, expenses of $71K, and assets of $215K (revenue -13.0% year-over-year).
- 2014: Revenue of $77K, expenses of $48K, and assets of $219K (revenue -2.3% year-over-year).
- 2013: Revenue of $79K, expenses of $46K, and assets of $190K (revenue -5.6% year-over-year).
- 2012: Revenue of $84K, expenses of $43K, and assets of $158K (revenue +5.7% year-over-year).
- 2011: Revenue of $79K, expenses of $77K, and assets of $117K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glenfield North Association Inc:
Data Sources and Methodology
This transparency report for Glenfield North Association 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.