Mb Glassman Foundation
EIN: 452385853 · Denver, CO · NTEE: T23
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $943K |
| Net Assets | $16.9M |
Is Mb Glassman Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mb Glassman Foundation
Mb Glassman Foundation (EIN: 452385853) is a nonprofit organization based in Denver, CO, classified under NTEE code T23. The organization reported total revenue of $1.9M and total assets of $18.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mb Glassman Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mb Glassman Foundation is a mid-size nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 215.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $960K |
| Total Expenses | $943K |
| Surplus / Deficit | +$17K |
| Total Assets | $17.0M |
| Total Liabilities | $57K |
| Net Assets | $16.9M |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 216.0 months |
Financial Health Grade: A
In 2023, Mb Glassman Foundation reported a surplus of $17K with revenue exceeding expenses, holds 216.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Mb Glassman Foundation's revenue has grown at a compound annual growth rate (CAGR) of 215.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.0% | -9.6% | +0.1% |
| 2022 | -59.4% | +116.7% | -2.1% |
| 2021 | +103.5% | -1.2% | +6.5% |
| 2020 | +27.8% | -2.8% | +3.4% |
| 2019 | +75.8% | -32.0% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mb Glassman Foundation 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 Mb Glassman Foundation 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 surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Mb Glassman Foundation
Is Mb Glassman Foundation a legitimate charity?
Mb Glassman Foundation (EIN: 452385853) is a registered tax-exempt nonprofit based in Colorado. It has 10 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: A.
How does Mb Glassman Foundation spend its money?
Mb Glassman Foundation reported $1.9M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mb Glassman Foundation tax-deductible?
Mb Glassman Foundation is registered as a tax-exempt nonprofit (EIN: 452385853). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mb Glassman Foundation located?
Mb Glassman Foundation is headquartered in Denver, Colorado and files with the IRS under EIN 452385853. It is classified under NTEE code T23.
How many years of IRS 990 filings does Mb Glassman Foundation have?
Mb Glassman Foundation 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Mb Glassman Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mb Glassman Foundation's revenue has grown by 96027700%, moving from $1 to $960K. Total assets increased by 1696916000% over the same period, from $1 to $17.0M. In its most recent filing year (2023), Mb Glassman Foundation reported a surplus of $17K, with revenue exceeding expenses. The organization holds $57K in liabilities against $17.0M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $16.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $960K | $943K | $17.0M | $57K | — | View 990 |
| 2022 | $706K | $1.0M | $16.9M | $50K | — | View 990 |
| 2021 | $1.7M | $481K | $17.3M | $74K | — | View 990 |
| 2020 | $854K | $487K | $16.2M | $274K | — | View 990 |
| 2019 | $668K | $501K | $15.7M | $101K | — | View 990 |
| 2015 | $380K | $738K | $15.0M | $1 | — | View 990 |
| 2014 | $140K | $1.3M | $15.4M | $1 | — | View 990 |
| 2013 | $3K | $396K | $480K | $1 | — | View 990 |
| 2012 | $2K | $46K | $616K | $0 | — | View 990 |
| 2011 | $1 | $0 | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $960K, expenses of $943K, and assets of $17.0M (revenue +36.0% year-over-year).
- 2022: Revenue of $706K, expenses of $1.0M, and assets of $16.9M (revenue -59.4% year-over-year).
- 2021: Revenue of $1.7M, expenses of $481K, and assets of $17.3M (revenue +103.5% year-over-year).
- 2020: Revenue of $854K, expenses of $487K, and assets of $16.2M (revenue +27.8% year-over-year).
- 2019: Revenue of $668K, expenses of $501K, and assets of $15.7M (revenue +75.8% year-over-year).
- 2015: Revenue of $380K, expenses of $738K, and assets of $15.0M (revenue +171.5% year-over-year).
- 2014: Revenue of $140K, expenses of $1.3M, and assets of $15.4M (revenue +4676.5% year-over-year).
- 2013: Revenue of $3K, expenses of $396K, and assets of $480K (revenue +95.4% year-over-year).
- 2012: Revenue of $2K, expenses of $46K, and assets of $616K (revenue +149900.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mb Glassman Foundation:
Data Sources and Methodology
This transparency report for Mb Glassman Foundation 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.