Glynwood Center Inc
Glynwood Center Inc. shows stable assets and zero reported officer compensation amidst fluctuating revenues and occasional operating deficits.
EIN: 133852957 · Cold Spring, NY · NTEE: W70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $38.1M |
| Total Expenses | $6.5M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $59,910,607. |
| Net Assets | $31.5M |
| Transparency Score | 80/100 |
Is Glynwood Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Glynwood Center Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Glynwood Center Inc
Glynwood Center Inc (EIN: 133852957) is a nonprofit organization based in Cold Spring, NY, classified under NTEE code W70. The organization reported total revenue of $38.1M and total assets of $59.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glynwood Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glynwood Center Inc is a large nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.7M |
| Total Expenses | $6.5M |
| Surplus / Deficit | $-780,516 |
| Total Assets | $32.0M |
| Total Liabilities | $544K |
| Net Assets | $31.5M |
| Operating Margin | -13.7% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 59.3 months |
Financial Health Grade: B
In 2024, Glynwood Center Inc reported a deficit of $781K with expenses exceeding revenue, holds 59.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Glynwood Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.2% | +8.0% | +8.5% |
| 2023 | +4.3% | +30.4% | -8.4% |
| 2022 | +4.9% | +23.6% | -1.2% |
| 2021 | +86.2% | -1.9% | +33.8% |
| 2020 | -12.7% | +3.1% | -10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Glynwood Center Inc with a Mission Score of 80 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Glynwood Center Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $781K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Glynwood Center Inc. consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no compensation is directly attributed to officers or that it is reported under other expense categories, which is highly unusual for an organization with assets of $59,910,607.
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.
Red Flags
The following concerns were identified during AI analysis of Glynwood Center Inc's IRS 990 filings:
- Consistent 0% officer compensation, which may obscure actual executive remuneration if reported elsewhere.
- Occasional operating deficits where expenses exceed revenue, indicating reliance on reserves or other funding sources.
Strengths
The following positive indicators were identified for Glynwood Center Inc:
- Strong asset base, with assets consistently above $20 million and reaching $32,039,796 in 202403.
- Very low liabilities relative to assets (e.g., $543,684 in 202403 vs. $32,039,796 in assets), indicating strong financial health.
- Consistent filing of IRS Form 990s over 14 periods, demonstrating transparency and compliance.
- NTEE code W70 suggests a focus on environmental and agricultural programs, aligning with a mission-driven approach.
Frequently Asked Questions about Glynwood Center Inc
Is Glynwood Center Inc a legitimate charity?
Glynwood Center Inc (EIN: 133852957) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 14 years of IRS 990 filings on record. Total revenue: $38.1M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Glynwood Center Inc spend its money?
Glynwood Center Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Glynwood Center Inc tax-deductible?
Glynwood Center Inc is registered as a tax-exempt nonprofit (EIN: 133852957). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Glynwood Center Inc CEO make?
Glynwood Center Inc's highest-compensated officer earns $59,910,607. annually. The organization reported $38.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Glynwood Center Inc's spending goes to programs?
Glynwood Center Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Glynwood Center Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Glynwood Center Inc is above average for NTEE category W70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Glynwood Center Inc located?
Glynwood Center Inc is headquartered in Cold Spring, New York and files with the IRS under EIN 133852957. It is classified under NTEE code W70.
How many years of IRS 990 filings does Glynwood Center Inc have?
Glynwood Center Inc has 14 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 $38.1M in total revenue.
Is Glynwood Center Inc. a good charity?
Based on the available data, Glynwood Center Inc. appears to be a financially stable organization with consistent asset growth and very low reported liabilities. The consistent 0% officer compensation is a strong positive for transparency and mission focus. However, without a detailed functional expense breakdown, it's difficult to definitively assess program efficiency.
Why is officer compensation consistently 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size. It could mean that executive leadership is entirely volunteer-based, or that compensation for key management personnel is reported under other expense categories (e.g., salaries and wages for program or administrative staff) rather than specifically as 'officer compensation'.
How does Glynwood Center Inc. manage periods where expenses exceed revenue?
In periods where expenses exceeded revenue, such as in 202403 and 202303, Glynwood Center Inc. likely covered the deficit using its accumulated assets or reserves. The organization has a substantial asset base ($32,039,796 in 202403), which provides financial resilience during leaner years.
Filing History
IRS 990 filing history for Glynwood Center Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Glynwood Center Inc's revenue has grown by 87.5%, moving from $3.0M to $5.7M. Total assets increased by 64.8% over the same period, from $19.4M to $32.0M. Total functional expenses rose by 116.1%, from $3.0M to $6.5M. In its most recent filing year (2024), Glynwood Center Inc reported a deficit of $781K, with expenses exceeding revenue. The organization holds $544K in liabilities against $32.0M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $31.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $5.7M | $6.5M | $32.0M | $544K | — | — |
| 2023 | $5.1M | $6.0M | $29.5M | $896K | — | View 990 |
| 2022 | $4.9M | $4.6M | $32.2M | $520K | — | View 990 |
| 2021 | $4.7M | $3.7M | $32.6M | $752K | — | — |
| 2020 | $2.5M | $3.8M | $24.4M | $316K | — | View 990 |
| 2019 | $2.9M | $3.7M | $27.1M | $345K | — | View 990 |
| 2018 | $6.2M | $4.0M | $27.7M | $367K | — | View 990 |
| 2017 | $2.8M | $4.4M | $27.4M | $405K | — | View 990 |
| 2016 | $12.1M | $4.3M | $27.5M | $328K | — | View 990 |
| 2015 | $3.5M | $4.3M | $20.6M | $241K | — | View 990 |
| 2014 | $5.4M | $3.7M | $22.0M | $271K | — | View 990 |
| 2013 | $303K | $921K | $20.2M | $212K | — | View 990 |
| 2012 | $3.3M | $3.2M | $20.0M | $193K | — | View 990 |
| 2011 | $3.0M | $3.0M | $19.4M | $245K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $5.7M, expenses of $6.5M, and assets of $32.0M (revenue +11.2% year-over-year).
- 2023: Revenue of $5.1M, expenses of $6.0M, and assets of $29.5M (revenue +4.3% year-over-year).
- 2022: Revenue of $4.9M, expenses of $4.6M, and assets of $32.2M (revenue +4.9% year-over-year).
- 2021: Revenue of $4.7M, expenses of $3.7M, and assets of $32.6M (revenue +86.2% year-over-year).
- 2020: Revenue of $2.5M, expenses of $3.8M, and assets of $24.4M (revenue -12.7% year-over-year).
- 2019: Revenue of $2.9M, expenses of $3.7M, and assets of $27.1M (revenue -53.7% year-over-year).
- 2018: Revenue of $6.2M, expenses of $4.0M, and assets of $27.7M (revenue +123.9% year-over-year).
- 2017: Revenue of $2.8M, expenses of $4.4M, and assets of $27.4M (revenue -77.0% year-over-year).
- 2016: Revenue of $12.1M, expenses of $4.3M, and assets of $27.5M (revenue +244.0% year-over-year).
- 2015: Revenue of $3.5M, expenses of $4.3M, and assets of $20.6M (revenue -34.2% year-over-year).
- 2014: Revenue of $5.4M, expenses of $3.7M, and assets of $22.0M (revenue +1665.3% year-over-year).
- 2013: Revenue of $303K, expenses of $921K, and assets of $20.2M (revenue -90.9% year-over-year).
- 2012: Revenue of $3.3M, expenses of $3.2M, and assets of $20.0M (revenue +10.1% year-over-year).
- 2011: Revenue of $3.0M, expenses of $3.0M, and assets of $19.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glynwood Center Inc:
Data Sources and Methodology
This transparency report for Glynwood 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.