Glut1 Deficiency Foundation Inc
EIN: 452190535 · Owingsville, KY · NTEE: G12
| Metric | Value |
|---|---|
| Total Revenue | $505K |
| Total Expenses | $360K |
| Net Assets | $421K |
Is Glut1 Deficiency Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glut1 Deficiency Foundation Inc
Glut1 Deficiency Foundation Inc (EIN: 452190535) is a nonprofit organization based in Owingsville, KY, classified under NTEE code G12. The organization reported total revenue of $505K and total assets of $358K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glut1 Deficiency Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glut1 Deficiency Foundation Inc is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $340K |
| Total Expenses | $360K |
| Surplus / Deficit | $-19,285 |
| Total Assets | $466K |
| Total Liabilities | $45K |
| Net Assets | $421K |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 9.6% |
| Months of Reserves | 15.6 months |
Financial Health Grade: B
In 2023, Glut1 Deficiency Foundation Inc reported a deficit of $19K with expenses exceeding revenue, holds 15.6 months of operating reserves (strong position), has a debt-to-asset ratio of 9.6% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Glut1 Deficiency Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.2% | -41.2% | +4.0% |
| 2022 | +71.9% | +77.0% | +11.5% |
| 2021 | +26.4% | +20.9% | -18.0% |
| 2020 | +6.6% | -31.3% | +399.8% |
| 2019 | +48.2% | +304.6% | -49.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glut1 Deficiency Foundation 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 Glut1 Deficiency Foundation 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 deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.6%.
Frequently Asked Questions about Glut1 Deficiency Foundation Inc
Is Glut1 Deficiency Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Glut1 Deficiency Foundation Inc (EIN: 452190535) insufficient data. 0 red flags identified, 0 strengths noted.
How does Glut1 Deficiency Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Glut1 Deficiency Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Glut1 Deficiency Foundation Inc tax-deductible?
Glut1 Deficiency Foundation Inc is registered as a tax-exempt nonprofit (EIN: 452190535). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glut1 Deficiency Foundation Inc located?
Glut1 Deficiency Foundation Inc is headquartered in Owingsville, Kentucky and files with the IRS under EIN 452190535. It is classified under NTEE code G12.
How many years of IRS 990 filings does Glut1 Deficiency Foundation Inc have?
Glut1 Deficiency Foundation 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 $505K in total revenue.
Filing History
IRS 990 filing history for Glut1 Deficiency Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Glut1 Deficiency Foundation Inc's revenue has grown by 185%, moving from $119K to $340K. Total assets increased by 816.6% over the same period, from $51K to $466K. Total functional expenses rose by 253.4%, from $102K to $360K. In its most recent filing year (2023), Glut1 Deficiency Foundation Inc reported a deficit of $19K, with expenses exceeding revenue. The organization holds $45K in liabilities against $466K in assets (debt-to-asset ratio: 9.6%), resulting in net assets of $421K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $340K | $360K | $466K | $45K | — | View 990 |
| 2022 | $777K | $612K | $448K | $8K | — | View 990 |
| 2021 | $452K | $346K | $402K | $127K | — | View 990 |
| 2020 | $358K | $286K | $490K | $321K | — | View 990 |
| 2019 | $335K | $416K | $98K | $703 | — | View 990 |
| 2018 | $226K | $103K | $194K | $88 | — | View 990 |
| 2017 | $173K | $198K | $73K | $5K | — | View 990 |
| 2016 | $165K | $190K | $102K | $7K | — | View 990 |
| 2015 | $201K | $162K | $120K | $617 | — | — |
| 2014 | $141K | $104K | $111K | $31K | — | View 990 |
| 2013 | $150K | $136K | $50K | $6K | — | View 990 |
| 2012 | $119K | $102K | $51K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $340K, expenses of $360K, and assets of $466K (revenue -56.2% year-over-year).
- 2022: Revenue of $777K, expenses of $612K, and assets of $448K (revenue +71.9% year-over-year).
- 2021: Revenue of $452K, expenses of $346K, and assets of $402K (revenue +26.4% year-over-year).
- 2020: Revenue of $358K, expenses of $286K, and assets of $490K (revenue +6.6% year-over-year).
- 2019: Revenue of $335K, expenses of $416K, and assets of $98K (revenue +48.2% year-over-year).
- 2018: Revenue of $226K, expenses of $103K, and assets of $194K (revenue +31.1% year-over-year).
- 2017: Revenue of $173K, expenses of $198K, and assets of $73K (revenue +4.6% year-over-year).
- 2016: Revenue of $165K, expenses of $190K, and assets of $102K (revenue -17.8% year-over-year).
- 2015: Revenue of $201K, expenses of $162K, and assets of $120K (revenue +42.7% year-over-year).
- 2014: Revenue of $141K, expenses of $104K, and assets of $111K (revenue -6.3% year-over-year).
- 2013: Revenue of $150K, expenses of $136K, and assets of $50K (revenue +25.7% year-over-year).
- 2012: Revenue of $119K, expenses of $102K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glut1 Deficiency Foundation Inc:
Data Sources and Methodology
This transparency report for Glut1 Deficiency Foundation 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.