Jack And Anne Glenn Charitable Foundation Inc
Jack And Anne Glenn Charitable Foundation maintains stable assets but shows recent trend of expenses exceeding revenue with no officer compensation.
EIN: 200545315 · Orlando, FL · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $870K |
| Program Spending | 90% |
| Net Assets | $12.2M |
| Transparency Score | 85/100 |
Is Jack And Anne Glenn Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jack And Anne Glenn Charitable Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jack And Anne Glenn Charitable Foundation Inc
Jack And Anne Glenn Charitable Foundation Inc (EIN: 200545315) is a nonprofit organization based in Orlando, FL, classified under NTEE code T22. The organization reported total revenue of $3.4M and total assets of $12.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jack And Anne Glenn Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jack And Anne Glenn Charitable Foundation Inc is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $393K |
| Total Expenses | $870K |
| Surplus / Deficit | $-476,412 |
| Total Assets | $12.2M |
| Total Liabilities | $1 |
| Net Assets | $12.2M |
| Operating Margin | -121.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 167.8 months |
Financial Health Grade: B
In 2023, Jack And Anne Glenn Charitable Foundation Inc reported a deficit of $476K with expenses exceeding revenue, holds 167.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Jack And Anne Glenn Charitable Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.6% | -8.8% | -3.8% |
| 2022 | -48.9% | +25.5% | -3.0% |
| 2021 | -51.6% | +15.9% | +2.6% |
| 2020 | +38.8% | -18.9% | +15.6% |
| 2019 | +77.3% | +25.1% | +11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Jack And Anne Glenn Charitable Foundation Inc with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, Jack And Anne Glenn Charitable Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $476K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is a strong positive for administrative efficiency and 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.
Red Flags
The following concerns were identified during AI analysis of Jack And Anne Glenn Charitable Foundation Inc's IRS 990 filings:
- Expenses exceeding revenue in the two most recent filing periods (202312 and 202212), potentially drawing down assets if not a planned strategy.
Strengths
The following positive indicators were identified for Jack And Anne Glenn Charitable Foundation Inc:
- Consistent and substantial asset base, exceeding $12 million in recent years, providing strong financial backing.
- Extremely low liabilities (often $1), indicating minimal debt and strong financial health.
- 0% officer compensation reported across all filings, demonstrating high administrative efficiency regarding executive pay.
- Long history of IRS 990 filings (10 filings), suggesting consistent operation and compliance.
Frequently Asked Questions about Jack And Anne Glenn Charitable Foundation Inc
Is Jack And Anne Glenn Charitable Foundation Inc a legitimate charity?
Jack And Anne Glenn Charitable Foundation Inc (EIN: 200545315) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.4M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Jack And Anne Glenn Charitable Foundation Inc spend its money?
Jack And Anne Glenn Charitable Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Jack And Anne Glenn Charitable Foundation Inc tax-deductible?
Jack And Anne Glenn Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200545315). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Jack And Anne Glenn Charitable Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Jack And Anne Glenn Charitable Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jack And Anne Glenn Charitable Foundation Inc located?
Jack And Anne Glenn Charitable Foundation Inc is headquartered in Orlando, Florida and files with the IRS under EIN 200545315. It is classified under NTEE code T22.
How many years of IRS 990 filings does Jack And Anne Glenn Charitable Foundation Inc have?
Jack And Anne Glenn Charitable Foundation Inc has 10 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 $3.4M in total revenue.
Is the Jack And Anne Glenn Charitable Foundation Inc. financially stable?
Yes, the foundation appears financially stable with a consistent asset base of over $12 million and minimal liabilities (often $1) across all reported periods, indicating a strong balance sheet. However, recent years show expenses exceeding revenue, which could impact long-term asset growth if not managed.
How does the foundation manage executive compensation?
The foundation consistently reports 0% officer compensation in all available IRS 990 filings, suggesting that its leadership serves without direct salary from the organization.
Why have expenses exceeded revenue in recent years?
In 202312, expenses were $869,515 against revenue of $393,103, and in 202212, expenses were $953,119 against revenue of $558,424. This could be due to strategic grantmaking or investment losses, drawing from the foundation's substantial asset base. Further detail from the full 990 would clarify the nature of these expenses.
Filing History
IRS 990 filing history for Jack And Anne Glenn Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jack And Anne Glenn Charitable Foundation Inc's revenue has declined by 52.3%, moving from $824K to $393K. Total assets increased by 30.2% over the same period, from $9.3M to $12.2M. Total functional expenses rose by 66.3%, from $523K to $870K. In its most recent filing year (2023), Jack And Anne Glenn Charitable Foundation Inc reported a deficit of $476K, with expenses exceeding revenue. The organization holds $1 in liabilities against $12.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $393K | $870K | $12.2M | $1 | — | View 990 |
| 2022 | $558K | $953K | $12.6M | $1 | — | View 990 |
| 2021 | $1.1M | $759K | $13.0M | $1 | — | View 990 |
| 2020 | $2.3M | $655K | $12.7M | $1 | — | View 990 |
| 2019 | $1.6M | $808K | $11.0M | $0 | — | View 990 |
| 2015 | $918K | $646K | $9.8M | $0 | — | View 990 |
| 2014 | $739K | $619K | $9.6M | $0 | — | View 990 |
| 2013 | $654K | $534K | $9.4M | $0 | — | View 990 |
| 2012 | $634K | $521K | $9.4M | $0 | — | View 990 |
| 2011 | $824K | $523K | $9.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $393K, expenses of $870K, and assets of $12.2M (revenue -29.6% year-over-year).
- 2022: Revenue of $558K, expenses of $953K, and assets of $12.6M (revenue -48.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $759K, and assets of $13.0M (revenue -51.6% year-over-year).
- 2020: Revenue of $2.3M, expenses of $655K, and assets of $12.7M (revenue +38.8% year-over-year).
- 2019: Revenue of $1.6M, expenses of $808K, and assets of $11.0M (revenue +77.3% year-over-year).
- 2015: Revenue of $918K, expenses of $646K, and assets of $9.8M (revenue +24.2% year-over-year).
- 2014: Revenue of $739K, expenses of $619K, and assets of $9.6M (revenue +12.9% year-over-year).
- 2013: Revenue of $654K, expenses of $534K, and assets of $9.4M (revenue +3.2% year-over-year).
- 2012: Revenue of $634K, expenses of $521K, and assets of $9.4M (revenue -23.1% year-over-year).
- 2011: Revenue of $824K, expenses of $523K, and assets of $9.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jack And Anne Glenn Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Jack And Anne Glenn Charitable 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.