The Glenn And Lucille Hampton Daniel Foundation
The Glenn And Lucille Hampton Daniel Foundation maintains strong asset growth and minimal expenses with no reported officer compensation.
EIN: 203999468 · Rutherfordton, NC · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $247K |
| Total Expenses | $42K |
| Program Spending | 90% |
| Net Assets | $2.2M |
| Transparency Score | 92/100 |
Is The Glenn And Lucille Hampton Daniel Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Glenn And Lucille Hampton Daniel Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Glenn And Lucille Hampton Daniel Foundation
The Glenn And Lucille Hampton Daniel Foundation (EIN: 203999468) is a nonprofit organization based in Rutherfordton, NC, classified under NTEE code T22. The organization reported total revenue of $247K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Glenn And Lucille Hampton Daniel Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Glenn And Lucille Hampton Daniel Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $93K |
| Total Expenses | $42K |
| Surplus / Deficit | +$52K |
| Total Assets | $2.2M |
| Total Liabilities | $1 |
| Net Assets | $2.2M |
| Operating Margin | 55.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 633.9 months |
Financial Health Grade: A
In 2023, The Glenn And Lucille Hampton Daniel Foundation reported a surplus of $52K with revenue exceeding expenses, holds 633.9 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), The Glenn And Lucille Hampton Daniel Foundation's revenue has grown at a compound annual growth rate (CAGR) of 25.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.9% | +-0.0% | +2.3% |
| 2022 | -26.6% | +1.9% | +2.5% |
| 2021 | -81.9% | -92.5% | +4.4% |
| 2020 | -57.5% | +491.8% | +9.3% |
| 2019 | +1806.6% | +683.5% | +709.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 The Glenn And Lucille Hampton Daniel Foundation with a Mission Score of 92 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, The Glenn And Lucille Hampton Daniel Foundation 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 surplus of $52K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, significantly reducing administrative overhead.
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 The Glenn And Lucille Hampton Daniel Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data, making it difficult to assess direct impact.
Strengths
The following positive indicators were identified for The Glenn And Lucille Hampton Daniel Foundation:
- Strong asset growth, increasing from $154,221 in 2011 to $2,194,808 in 2023.
- Consistently low operational expenses relative to revenue and assets.
- Zero reported officer compensation across all filings, indicating efficient use of funds.
- Minimal liabilities, consistently reported as $0 or $1, reflecting strong financial stability.
- High efficiency in retaining revenue, as seen in the difference between revenue and expenses (e.g., $93,188 revenue vs. $41,549 expenses in 2023).
Frequently Asked Questions about The Glenn And Lucille Hampton Daniel Foundation
Is The Glenn And Lucille Hampton Daniel Foundation a legitimate charity?
The Glenn And Lucille Hampton Daniel Foundation (EIN: 203999468) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $247K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does The Glenn And Lucille Hampton Daniel Foundation spend its money?
The Glenn And Lucille Hampton Daniel Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Glenn And Lucille Hampton Daniel Foundation tax-deductible?
The Glenn And Lucille Hampton Daniel Foundation is registered as a tax-exempt nonprofit (EIN: 203999468). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Glenn And Lucille Hampton Daniel Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Glenn And Lucille Hampton Daniel 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 The Glenn And Lucille Hampton Daniel Foundation located?
The Glenn And Lucille Hampton Daniel Foundation is headquartered in Rutherfordton, North Carolina and files with the IRS under EIN 203999468. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Glenn And Lucille Hampton Daniel Foundation have?
The Glenn And Lucille Hampton Daniel 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 $247K in total revenue.
How does the foundation achieve such low expenses?
The foundation consistently reports very low expenses relative to its revenue and assets, for example, $41,549 in expenses against $93,188 in revenue in 2023. This is largely due to the absence of reported officer compensation and likely a lean operational structure.
What is the primary source of the foundation's revenue?
While the provided data doesn't specify revenue sources, the significant fluctuations in revenue, such as $1,677,905 in 2019 compared to $93,188 in 2023, suggest reliance on investment income, large donations, or specific grants rather than consistent program service fees.
How has the foundation's asset base grown so significantly?
The foundation's assets have grown from $154,221 in 2011 to $2,194,808 in 2023. This substantial growth is likely a result of retained earnings from periods of high revenue (e.g., 2019 and 2020) and effective investment management, as expenses have remained consistently low.
Filing History
IRS 990 filing history for The Glenn And Lucille Hampton Daniel Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Glenn And Lucille Hampton Daniel Foundation's revenue has grown by 1392%, moving from $6K to $93K. Total assets increased by 1323.2% over the same period, from $154K to $2.2M. Total functional expenses rose by 378.5%, from $9K to $42K. In its most recent filing year (2023), The Glenn And Lucille Hampton Daniel Foundation reported a surplus of $52K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $93K | $42K | $2.2M | $1 | — | View 990 |
| 2022 | $95K | $42K | $2.1M | $1 | — | View 990 |
| 2021 | $129K | $41K | $2.1M | $1 | — | — |
| 2020 | $713K | $542K | $2.0M | $1 | — | — |
| 2019 | $1.7M | $92K | $1.8M | $0 | — | View 990 |
| 2015 | $88K | $12K | $227K | $0 | — | View 990 |
| 2014 | $9K | $10K | $150K | $0 | — | View 990 |
| 2013 | $14K | $10K | $151K | $0 | — | View 990 |
| 2012 | $4K | $10K | $148K | $0 | — | View 990 |
| 2011 | $6K | $9K | $154K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $93K, expenses of $42K, and assets of $2.2M (revenue -1.9% year-over-year).
- 2022: Revenue of $95K, expenses of $42K, and assets of $2.1M (revenue -26.6% year-over-year).
- 2021: Revenue of $129K, expenses of $41K, and assets of $2.1M (revenue -81.9% year-over-year).
- 2020: Revenue of $713K, expenses of $542K, and assets of $2.0M (revenue -57.5% year-over-year).
- 2019: Revenue of $1.7M, expenses of $92K, and assets of $1.8M (revenue +1806.6% year-over-year).
- 2015: Revenue of $88K, expenses of $12K, and assets of $227K (revenue +878.2% year-over-year).
- 2014: Revenue of $9K, expenses of $10K, and assets of $150K (revenue -33.7% year-over-year).
- 2013: Revenue of $14K, expenses of $10K, and assets of $151K (revenue +223.2% year-over-year).
- 2012: Revenue of $4K, expenses of $10K, and assets of $148K (revenue -32.7% year-over-year).
- 2011: Revenue of $6K, expenses of $9K, and assets of $154K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Glenn And Lucille Hampton Daniel Foundation:
Data Sources and Methodology
This transparency report for The Glenn And Lucille Hampton Daniel 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.