J Wood Glass Memorial Tr
EIN: 736216712 · Tulsa, OK
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Total Expenses | $3K |
| Net Assets | $37K |
Is J Wood Glass Memorial Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About J Wood Glass Memorial Tr
J Wood Glass Memorial Tr (EIN: 736216712) is a nonprofit organization based in Tulsa, OK. The organization reported total revenue of $5K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of J Wood Glass Memorial Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
J Wood Glass Memorial Tr is a micro nonprofit, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $3K |
| Surplus / Deficit | $-1,233 |
| Total Assets | $37K |
| Total Liabilities | $1 |
| Net Assets | $37K |
| Operating Margin | -69.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 146.9 months |
Financial Health Grade: B
In 2023, J Wood Glass Memorial Tr reported a deficit of $1K with expenses exceeding revenue, holds 146.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), J Wood Glass Memorial Tr's revenue has declined at a compound annual growth rate (CAGR) of -7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -106.1% | -10.8% | -9.4% |
| 2021 | +9.0% | +5.3% | -0.6% |
| 2020 | +49.1% | +12.8% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for J Wood Glass Memorial Tr 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 J Wood Glass Memorial Tr 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 $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about J Wood Glass Memorial Tr
Is J Wood Glass Memorial Tr a legitimate charity?
J Wood Glass Memorial Tr (EIN: 736216712) is a registered tax-exempt nonprofit based in Oklahoma. It has 5 years of IRS 990 filings on record. Total revenue: $5K. No red flags identified. Financial health grade: B.
How does J Wood Glass Memorial Tr spend its money?
J Wood Glass Memorial Tr reported $5K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to J Wood Glass Memorial Tr tax-deductible?
J Wood Glass Memorial Tr is registered as a tax-exempt nonprofit (EIN: 736216712). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is J Wood Glass Memorial Tr located?
J Wood Glass Memorial Tr is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 736216712.
How many years of IRS 990 filings does J Wood Glass Memorial Tr have?
J Wood Glass Memorial Tr has 5 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 $5K in total revenue.
Filing History
IRS 990 filing history for J Wood Glass Memorial Tr showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), J Wood Glass Memorial Tr's revenue has declined by 25.2%, moving from $2K to $2K. Total assets decreased by 13.6% over the same period, from $43K to $37K. Total functional expenses fell by 12.3%, from $3K to $3K. In its most recent filing year (2023), J Wood Glass Memorial Tr reported a deficit of $1K, with expenses exceeding revenue. The organization holds $1 in liabilities against $37K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $37K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $3K | $37K | $1 | — | — |
| 2022 | $-237 | $4K | $38K | $1 | — | — |
| 2021 | $4K | $4K | $42K | $1 | — | — |
| 2020 | $4K | $4K | $42K | $1 | — | — |
| 2019 | $2K | $3K | $43K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $3K, and assets of $37K.
- 2022: Revenue of $-237, expenses of $4K, and assets of $38K (revenue -106.1% year-over-year).
- 2021: Revenue of $4K, expenses of $4K, and assets of $42K (revenue +9.0% year-over-year).
- 2020: Revenue of $4K, expenses of $4K, and assets of $42K (revenue +49.1% year-over-year).
- 2019: Revenue of $2K, expenses of $3K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for J Wood Glass Memorial Tr:
Data Sources and Methodology
This transparency report for J Wood Glass Memorial Tr 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.