NATIONAL GLASS ASSOCIATION FOUNDATION

EIN: 204794426 501(c)(3) Education

VIENNA, VA

Total Revenue
$220,779
Total Expenses
$281,813
Total Assets
$843,371
Net Assets
$562,447
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
KS
Principal Officer
LAKISHA WOODS
Phone
7034424890
Tax Period
2025-01-01 to 2025-12-31

NATIONAL GLASS ASSOCIATION FOUNDATION, founded in 2006, is a small nonprofit in the Education sector that reported $221K in total revenue in fiscal year 2025. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $282K exceeded revenue, resulting in a 28% operating deficit.

Mission

TRAINING THE INDUSTRY AND EDUCATING CONSUMERS AND OTHER STAKEHOLDERS ABOUT THE MANY WAYS GLASS AND GLAZING CONTRIBUTE TO A SAFE, HEALTHY, SUSTAINABLE, AND INSPIRING BUILT ENVIRONMENT.

Program Service Accomplishments

Program 1
Expenses: $242,012

A JOINT PROGRAM BETWEEN NGAF AND NATIONAL GLASS ASSOCIATION PROVIDES EDUCATIONAL TRAINING TO GLASS INDUSTRY PERSONNEL THROUGH MYGLASSCLASS.COM. IN SEPTEMBER 2019, NGAF ANNOUNCED A PARTNERSHIP WITH...

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A JOINT PROGRAM BETWEEN NGAF AND NATIONAL GLASS ASSOCIATION PROVIDES EDUCATIONAL TRAINING TO GLASS INDUSTRY PERSONNEL THROUGH MYGLASSCLASS.COM. IN SEPTEMBER 2019, NGAF ANNOUNCED A PARTNERSHIP WITH THE FRIESE FOUNDATION. FOR THIS JOINT PROGRAM, $200,000 WAS GRANTED BY THE FRIESE FOUNDATION TO NGAF IN 2025. ADDITIONAL TRAINING AND EDUCATIONAL PROGRAMS ARE IN THE PLANNING PHASE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $220,779
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $220,779

Expense Breakdown

Grants Paid $122,930
Salaries & Benefits $0
Fundraising Expenses $4,305
Program Expenses $242,012
Other Expenses $158,883
TOTAL EXPENSES $281,813

Year-over-Year Comparison

2025 2024 Change
Revenue $220,779 $555,190 -0.6%
Expenses $281,813 $206,132 +0.4%
Net Income $-61,034 $349,058 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$234,712
Total Directors
5
$234,712
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICK LOCKE IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
TIM KELLEY CHAIR 1.00
Officer Director
$0 $0 $0
COURTNEY LITTLE TREASURER 1.00
Officer Director
$0 $0 $0
JIM STATHOPOULOS CHAIR ELECT 1.00
Officer Director
$0 $0 $0
LAKISHA WOODS PRESIDENT & CEO 1.00
Officer Director
$0 $243 $234,712
NICOLE HARRIS FORMER PRESIDENT & CEO 1.00
$0 $55,379 $505,994
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $220,779 $281,813 $843,371 $-61,034
2024 No data No data No data No data
2023 $204,550 $165,808 $437,403 $38,742
2022 $207,140 $160,896 $329,643 $46,244
2021 $175,900 $195,211 $240,627 $-19,311
2020 $241,025 $250,749 $251,946 $-9,724
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