Glenville State College Housing Corporation
EIN: 550527235 · Glenville, WV · NTEE: L20Z
| Metric | Value |
|---|---|
| Total Revenue | $446K |
| Total Expenses | $222K |
| Net Assets | $2.8M |
Is Glenville State College Housing Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glenville State College Housing Corporation
Glenville State College Housing Corporation (EIN: 550527235) is a nonprofit organization based in Glenville, WV, classified under NTEE code L20Z. The organization reported total revenue of $446K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glenville State College Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glenville State College Housing Corporation is a small nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $343K |
| Total Expenses | $222K |
| Surplus / Deficit | +$120K |
| Total Assets | $4.2M |
| Total Liabilities | $1.4M |
| Net Assets | $2.8M |
| Operating Margin | 35.1% |
| Debt-to-Asset Ratio | 33.9% |
| Months of Reserves | 227.0 months |
Financial Health Grade: A
In 2023, Glenville State College Housing Corporation reported a surplus of $120K with revenue exceeding expenses, holds 227.0 months of operating reserves (strong position), has a debt-to-asset ratio of 33.9% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.6% | -14.7% | -7.1% |
| 2022 | +22.3% | +23.4% | +95.5% |
| 2021 | -15.3% | -76.3% | -0.1% |
| 2020 | -10.7% | +0.0% | -7.7% |
| 2019 | +132.6% | +157.4% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glenville State College Housing Corporation 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 Glenville State College Housing Corporation 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 $120K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.9%.
Frequently Asked Questions about Glenville State College Housing Corporation
Is Glenville State College Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Glenville State College Housing Corporation (EIN: 550527235) insufficient data. 0 red flags identified, 0 strengths noted.
How does Glenville State College Housing Corporation spend its money?
Detailed spending breakdown data is not yet available for Glenville State College Housing Corporation. Check back for updated IRS 990 analysis.
Are donations to Glenville State College Housing Corporation tax-deductible?
Glenville State College Housing Corporation is registered as a tax-exempt nonprofit (EIN: 550527235). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glenville State College Housing Corporation located?
Glenville State College Housing Corporation is headquartered in Glenville, West Virginia and files with the IRS under EIN 550527235. It is classified under NTEE code L20Z.
How many years of IRS 990 filings does Glenville State College Housing Corporation have?
Glenville State College Housing Corporation 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 $446K in total revenue.
Filing History
IRS 990 filing history for Glenville State College Housing Corporation showing financial trends over 13 years of public records:
Total assets decreased by 87.9% over the same period, from $34.8M to $4.2M. Total functional expenses fell by 16%, from $265K to $222K. In its most recent filing year (2023), Glenville State College Housing Corporation reported a surplus of $120K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $4.2M in assets (debt-to-asset ratio: 33.9%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $343K | $222K | $4.2M | $1.4M | — | — |
| 2022 | $693K | $261K | $4.5M | $1.9M | — | View 990 |
| 2021 | $567K | $211K | $2.3M | $91K | — | View 990 |
| 2020 | $670K | $893K | $2.3M | $119K | — | View 990 |
| 2019 | $750K | $893K | $2.5M | $463K | — | View 990 |
| 2018 | $322K | $347K | $2.6M | $442K | — | View 990 |
| 2017 | $2.4M | $2.2M | $31.3M | $29.0M | — | View 990 |
| 2016 | $2.5M | $2.2M | $31.4M | $29.3M | — | View 990 |
| 2015 | $2.8M | $2.4M | $31.9M | $30.2M | — | View 990 |
| 2014 | $3.1M | $2.5M | $32.3M | $30.9M | — | View 990 |
| 2013 | $2.8M | $2.4M | $32.9M | $31.4M | — | View 990 |
| 2012 | $2.5M | $2.6M | $33.1M | $32.0M | — | View 990 |
| 2011 | $-199,540 | $265K | $34.8M | $33.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $343K, expenses of $222K, and assets of $4.2M (revenue -50.6% year-over-year).
- 2022: Revenue of $693K, expenses of $261K, and assets of $4.5M (revenue +22.3% year-over-year).
- 2021: Revenue of $567K, expenses of $211K, and assets of $2.3M (revenue -15.3% year-over-year).
- 2020: Revenue of $670K, expenses of $893K, and assets of $2.3M (revenue -10.7% year-over-year).
- 2019: Revenue of $750K, expenses of $893K, and assets of $2.5M (revenue +132.6% year-over-year).
- 2018: Revenue of $322K, expenses of $347K, and assets of $2.6M (revenue -86.8% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.2M, and assets of $31.3M (revenue -1.7% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.2M, and assets of $31.4M (revenue -11.4% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.4M, and assets of $31.9M (revenue -10.0% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.5M, and assets of $32.3M (revenue +9.9% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.4M, and assets of $32.9M (revenue +11.1% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.6M, and assets of $33.1M.
- 2011: Revenue of $-199,540, expenses of $265K, and assets of $34.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glenville State College Housing Corporation:
Data Sources and Methodology
This transparency report for Glenville State College Housing Corporation 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.