Glep Education Fund
Glep Education Fund shows consistent revenue growth and zero liabilities, with no officer compensation reported.
EIN: 200312462 · Lansing, MI · NTEE: B012 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $272K |
| Total Expenses | $476K |
| Program Spending | 85% |
| Net Assets | $129K |
| Transparency Score | 90/100 |
Is Glep Education Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Glep Education Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Glep Education Fund
Glep Education Fund (EIN: 200312462) is a nonprofit organization based in Lansing, MI, classified under NTEE code B012. The organization reported total revenue of $272K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glep Education Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glep Education Fund is a small nonprofit that has been operating for 22 years, with 8 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 20.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $503K |
| Total Expenses | $476K |
| Surplus / Deficit | +$27K |
| Total Assets | $129K |
| Net Assets | $129K |
| Operating Margin | 5.3% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Glep Education Fund reported a surplus of $27K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate).
Financial Trends
Over 8 years of filings (2014–2023), Glep Education Fund's revenue has grown at a compound annual growth rate (CAGR) of 20.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.0% | +19.8% | +26.1% |
| 2022 | -6.2% | -15.6% | +32.6% |
| 2021 | +79.3% | +171.4% | -20.7% |
| 2020 | +214.4% | +54.1% | +408.5% |
| 2019 | -20.0% | +22.4% | -63.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Glep Education Fund with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Glep Education Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the organization, which is highly favorable for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Glep Education Fund:
- Consistent revenue growth, peaking at $503,191 in 2023.
- Zero reported liabilities across all filings, indicating strong financial health.
- No officer compensation reported, suggesting high efficiency in resource allocation.
- Growing asset base, from $19,175 in 2019 to $129,248 in 2023.
- Positive net assets and surpluses in most recent years (e.g., $26,711 surplus in 2023).
Frequently Asked Questions about Glep Education Fund
Is Glep Education Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Glep Education Fund (EIN: 200312462) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Glep Education Fund spend its money?
Glep Education Fund directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Glep Education Fund tax-deductible?
Glep Education Fund is registered as a tax-exempt nonprofit (EIN: 200312462). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Glep Education Fund's spending goes to programs?
Glep Education Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Glep Education Fund compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Glep Education Fund is above average for NTEE category B012 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Glep Education Fund located?
Glep Education Fund is headquartered in Lansing, Michigan and files with the IRS under EIN 200312462. It is classified under NTEE code B012.
How many years of IRS 990 filings does Glep Education Fund have?
Glep Education Fund has 8 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 $272K in total revenue.
Is Glep Education Fund a good charity?
Based on the financial data, Glep Education Fund appears to be a good charity. They demonstrate consistent revenue growth, maintain zero liabilities, and report no officer compensation, suggesting a strong commitment to their mission and efficient use of funds.
How has Glep Education Fund's revenue trended?
Glep Education Fund's revenue has shown a strong upward trend, particularly from $80,000 in 2019 to $503,191 in 2023, indicating growing support and operational scale.
What is Glep Education Fund's liability situation?
Glep Education Fund has consistently reported $0 in liabilities across all available filings, which is an excellent indicator of financial stability and responsible management.
Filing History
IRS 990 filing history for Glep Education Fund showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2014–2023), Glep Education Fund's revenue has grown by 446.9%, moving from $92K to $503K. Total assets increased by 143.3% over the same period, from $53K to $129K. Total functional expenses rose by 381.4%, from $99K to $476K. In its most recent filing year (2023), Glep Education Fund reported a surplus of $27K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $503K | $476K | $129K | $0 | — | View 990 |
| 2022 | $423K | $398K | $103K | $0 | — | View 990 |
| 2021 | $451K | $471K | $77K | $0 | — | — |
| 2020 | $252K | $174K | $98K | $0 | — | — |
| 2019 | $80K | $113K | $19K | $0 | — | View 990 |
| 2018 | $100K | $92K | $52K | $0 | — | View 990 |
| 2017 | $90K | $47K | $44K | $0 | — | View 990 |
| 2014 | $92K | $99K | $53K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $503K, expenses of $476K, and assets of $129K (revenue +19.0% year-over-year).
- 2022: Revenue of $423K, expenses of $398K, and assets of $103K (revenue -6.2% year-over-year).
- 2021: Revenue of $451K, expenses of $471K, and assets of $77K (revenue +79.3% year-over-year).
- 2020: Revenue of $252K, expenses of $174K, and assets of $98K (revenue +214.4% year-over-year).
- 2019: Revenue of $80K, expenses of $113K, and assets of $19K (revenue -20.0% year-over-year).
- 2018: Revenue of $100K, expenses of $92K, and assets of $52K (revenue +11.1% year-over-year).
- 2017: Revenue of $90K, expenses of $47K, and assets of $44K (revenue -2.2% year-over-year).
- 2014: Revenue of $92K, expenses of $99K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glep Education Fund:
Data Sources and Methodology
This transparency report for Glep Education Fund 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.