Robert I Glimcher Family Foundation
Robert I Glimcher Family Foundation's assets have declined by over 64% since 2015, with expenses frequently exceeding revenue.
EIN: 207366908 · Pittsburgh, PA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $600K |
| Total Expenses | $202K |
| Program Spending | 80% |
| Net Assets | $471K |
| Transparency Score | 65/100 |
Is Robert I Glimcher Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Robert I Glimcher Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Robert I Glimcher Family Foundation
Robert I Glimcher Family Foundation (EIN: 207366908) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code T22. The organization reported total revenue of $600K and total assets of $436K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert I Glimcher Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robert I Glimcher Family Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $202K |
| Surplus / Deficit | $-147,175 |
| Total Assets | $471K |
| Total Liabilities | $1 |
| Net Assets | $471K |
| Operating Margin | -267.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 28.0 months |
Financial Health Grade: B
In 2023, Robert I Glimcher Family Foundation reported a deficit of $147K with expenses exceeding revenue, holds 28.0 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), Robert I Glimcher Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -70.8% | +78.1% | -24.1% |
| 2020 | -288.1% | -31.0% | -19.3% |
| 2019 | -87.9% | +2.9% | -7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Robert I Glimcher Family Foundation with a Mission Score of 65 out of 100 (Good). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Robert I Glimcher Family Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $147K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for donor perception 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 Robert I Glimcher Family Foundation's IRS 990 filings:
- Significant and consistent decline in assets from $1,326,566 in 2015 to $471,292 in 2023.
- Expenses frequently exceed revenue, indicating a draw-down of capital rather than sustainable operations (e.g., 2023, 2021, 2020, 2019, 2013, 2011).
- Negative revenue reported in multiple years (e.g., -$290,572 in 2021, -$81,559 in 2020), suggesting reliance on volatile investment performance.
Strengths
The following positive indicators were identified for Robert I Glimcher Family Foundation:
- Consistent reporting of $0 officer compensation, indicating efficient use of funds for executive pay.
- Long history of IRS 990 filings (10 filings), demonstrating transparency and compliance.
- Minimal liabilities ($1 across all periods) indicating sound debt management.
Frequently Asked Questions about Robert I Glimcher Family Foundation
Is Robert I Glimcher Family Foundation a legitimate charity?
Robert I Glimcher Family Foundation (EIN: 207366908) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $600K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Robert I Glimcher Family Foundation spend its money?
Robert I Glimcher Family Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Robert I Glimcher Family Foundation tax-deductible?
Robert I Glimcher Family Foundation is registered as a tax-exempt nonprofit (EIN: 207366908). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Robert I Glimcher Family Foundation's spending goes to programs?
Robert I Glimcher Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Robert I Glimcher Family Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Robert I Glimcher Family Foundation 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 Robert I Glimcher Family Foundation located?
Robert I Glimcher Family Foundation is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 207366908. It is classified under NTEE code T22.
How many years of IRS 990 filings does Robert I Glimcher Family Foundation have?
Robert I Glimcher Family 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 $600K in total revenue.
Is the Robert I Glimcher Family Foundation financially sustainable?
Based on the trend of declining assets from $1,326,566 in 2015 to $471,292 in 2023, and expenses frequently exceeding revenue (e.g., $202,197 expenses vs. $55,022 revenue in 2023), the foundation appears to be spending down its principal rather than operating on a sustainable, revenue-generating model.
What caused the significant revenue fluctuations, including negative revenue years?
The negative revenue figures (e.g., -$290,572 in 2021) often indicate investment losses or significant asset write-downs, which is common for foundations heavily reliant on investment income rather than consistent donations.
How are the foundation's expenses allocated?
While the provided data doesn't detail the breakdown, the consistent reporting of $0 officer compensation suggests a lean operational structure. A more detailed 990 would be needed to understand the exact split between program, administrative, and fundraising costs.
Filing History
IRS 990 filing history for Robert I Glimcher Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Robert I Glimcher Family Foundation's revenue has grown by 129.2%, moving from $24K to $55K. Total assets decreased by 41% over the same period, from $799K to $471K. Total functional expenses rose by 238.9%, from $60K to $202K. In its most recent filing year (2023), Robert I Glimcher Family Foundation reported a deficit of $147K, with expenses exceeding revenue. The organization holds $1 in liabilities against $471K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $471K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $202K | $471K | $1 | — | View 990 |
| 2022 | $188K | $114K | $621K | $1 | — | View 990 |
| 2021 | $-290,572 | $150K | $556K | $1 | — | View 990 |
| 2020 | $-81,559 | $156K | $987K | $1 | — | View 990 |
| 2019 | $43K | $226K | $1.2M | $1 | — | View 990 |
| 2015 | $357K | $220K | $1.3M | $1 | — | View 990 |
| 2014 | $313K | $74K | $1.3M | $1 | — | View 990 |
| 2013 | $114K | $150K | $1.2M | $1 | — | View 990 |
| 2012 | $1.2M | $173K | $1.2M | $1 | — | View 990 |
| 2011 | $24K | $60K | $799K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55K, expenses of $202K, and assets of $471K (revenue -70.8% year-over-year).
- 2022: Revenue of $188K, expenses of $114K, and assets of $621K.
- 2021: Revenue of $-290,572, expenses of $150K, and assets of $556K.
- 2020: Revenue of $-81,559, expenses of $156K, and assets of $987K (revenue -288.1% year-over-year).
- 2019: Revenue of $43K, expenses of $226K, and assets of $1.2M (revenue -87.9% year-over-year).
- 2015: Revenue of $357K, expenses of $220K, and assets of $1.3M (revenue +14.1% year-over-year).
- 2014: Revenue of $313K, expenses of $74K, and assets of $1.3M (revenue +175.4% year-over-year).
- 2013: Revenue of $114K, expenses of $150K, and assets of $1.2M (revenue -90.4% year-over-year).
- 2012: Revenue of $1.2M, expenses of $173K, and assets of $1.2M (revenue +4843.2% year-over-year).
- 2011: Revenue of $24K, expenses of $60K, and assets of $799K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robert I Glimcher Family Foundation:
Data Sources and Methodology
This transparency report for Robert I Glimcher Family 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.