Glenwood Life Counseling Center Inc
EIN: 237121331 · Baltimore, MD · NTEE: F22Z
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $2.3M |
| Net Assets | $1.4M |
Is Glenwood Life Counseling Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glenwood Life Counseling Center Inc
Glenwood Life Counseling Center Inc (EIN: 237121331) is a nonprofit organization based in Baltimore, MD, classified under NTEE code F22Z. The organization reported total revenue of $2.0M and total assets of $722K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glenwood Life Counseling Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glenwood Life Counseling Center Inc is a mid-size nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$62K |
| Total Assets | $2.0M |
| Total Liabilities | $570K |
| Net Assets | $1.4M |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 28.3% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2023, Glenwood Life Counseling Center Inc reported a surplus of $62K with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 28.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Glenwood Life Counseling Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.2% | -1.1% | +36.1% |
| 2022 | -20.5% | -13.1% | -19.7% |
| 2021 | -2.2% | -12.6% | -7.2% |
| 2020 | -13.8% | -15.5% | +0.5% |
| 2019 | -0.1% | +5.9% | -14.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glenwood Life Counseling Center 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 Glenwood Life Counseling Center 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 surplus of $62K, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.3%.
Frequently Asked Questions about Glenwood Life Counseling Center Inc
Is Glenwood Life Counseling Center Inc a legitimate charity?
Glenwood Life Counseling Center Inc (EIN: 237121331) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. Financial health grade: A.
How does Glenwood Life Counseling Center Inc spend its money?
Glenwood Life Counseling Center Inc reported $2.0M 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 Glenwood Life Counseling Center Inc tax-deductible?
Glenwood Life Counseling Center Inc is registered as a tax-exempt nonprofit (EIN: 237121331). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glenwood Life Counseling Center Inc located?
Glenwood Life Counseling Center Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 237121331. It is classified under NTEE code F22Z.
How many years of IRS 990 filings does Glenwood Life Counseling Center Inc have?
Glenwood Life Counseling Center Inc 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 $2.0M in total revenue.
Filing History
IRS 990 filing history for Glenwood Life Counseling Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Glenwood Life Counseling Center Inc's revenue has declined by 18.3%, moving from $2.9M to $2.3M. Total assets decreased by 52.5% over the same period, from $4.2M to $2.0M. Total functional expenses fell by 23.7%, from $3.0M to $2.3M. In its most recent filing year (2023), Glenwood Life Counseling Center Inc reported a surplus of $62K, with revenue exceeding expenses. The organization holds $570K in liabilities against $2.0M in assets (debt-to-asset ratio: 28.3%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.3M | $2.0M | $570K | — | — |
| 2022 | $2.2M | $2.3M | $1.5M | $800K | — | View 990 |
| 2021 | $2.7M | $2.7M | $1.8M | $1.0M | — | — |
| 2020 | $2.8M | $3.0M | $2.0M | $875K | — | View 990 |
| 2019 | $3.2M | $3.6M | $2.0M | $589K | — | View 990 |
| 2018 | $3.2M | $3.4M | $2.3M | $537K | — | View 990 |
| 2017 | $2.9M | $3.2M | $2.5M | $521K | — | View 990 |
| 2016 | $2.8M | $3.2M | $2.7M | $303K | — | View 990 |
| 2015 | $2.9M | $3.3M | $3.1M | $309K | — | View 990 |
| 2014 | $3.2M | $3.4M | $3.5M | $360K | — | View 990 |
| 2013 | $2.9M | $3.1M | $3.7M | $310K | — | View 990 |
| 2012 | $2.7M | $3.0M | $3.9M | $281K | — | View 990 |
| 2011 | $2.9M | $3.0M | $4.2M | $315K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.3M, and assets of $2.0M (revenue +9.2% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.3M, and assets of $1.5M (revenue -20.5% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.7M, and assets of $1.8M (revenue -2.2% year-over-year).
- 2020: Revenue of $2.8M, expenses of $3.0M, and assets of $2.0M (revenue -13.8% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.6M, and assets of $2.0M (revenue -0.1% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.4M, and assets of $2.3M (revenue +12.6% year-over-year).
- 2017: Revenue of $2.9M, expenses of $3.2M, and assets of $2.5M (revenue +1.9% year-over-year).
- 2016: Revenue of $2.8M, expenses of $3.2M, and assets of $2.7M (revenue -4.1% year-over-year).
- 2015: Revenue of $2.9M, expenses of $3.3M, and assets of $3.1M (revenue -8.5% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.4M, and assets of $3.5M (revenue +10.1% year-over-year).
- 2013: Revenue of $2.9M, expenses of $3.1M, and assets of $3.7M (revenue +6.1% year-over-year).
- 2012: Revenue of $2.7M, expenses of $3.0M, and assets of $3.9M (revenue -5.0% year-over-year).
- 2011: Revenue of $2.9M, expenses of $3.0M, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glenwood Life Counseling Center Inc:
Data Sources and Methodology
This transparency report for Glenwood Life Counseling Center 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.