EARL AND CAROLYN GLENN FOUNDATION INC (EIN 611443456) - Form 990 Financial Analysis & Trantor Score

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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

2009

Legal Domicile

Principal Officer

EARL GLENN

Phone

7704833360

Tax Period

2024-01-01 to 2024-12-31

EARL AND CAROLYN GLENN FOUNDATION INC, founded in 2009, is a micro nonprofit in the Education sector that reported $58K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Net assets of $1.2M represent 256 months of operating reserves.

Mission

OUR MISSION IS TO PROVIDE OPPORTUNITIES FOR LOW SOCIOECONOMIC CHILDREN TO BECOME EMPOWERED THROUGH EDUCATIONAL ENRICHMENT PROGRAMS, LIFE SKILLS, TRAINING, ATHLETICS AND ACCESS TO HEALTH SERVICES, PROPELLING THEM TO LIVE A HOLISTIC LIFE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $61,000

Program Service Revenue $0

Investment Income $0

Other Revenue $-2,825

TOTAL REVENUE $58,175

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $49,000

Other Expenses $58,916

TOTAL EXPENSES $58,916

Year-over-Year Comparison

	2024	2023	Change
Revenue	$58,175	$73,994	-0.2%
Expenses	$58,916	$61,837	0.0%
Net Income	$-741	$12,157	-1.1%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLYN GLENN	VICE PRESIDE	N/A	Director	$0	$0	$0
JEANETTE ROZIER	BOARD MEMBER	N/A	Director	$0	$0	$0
DEMETRIA TAYLOR	BOARD MEMBER	N/A	Director	$0	$0	$0
CATHERINE TURK	SECRETARY	N/A	Director	$0	$0	$0
PATRICIA WALKER	EDUCATOR	N/A	Director	$0	$0	$0
EARL GLENN	OFFICER	N/A	Officer	$0	$0	$0

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
2024	$58,175	$58,916	$1,272,656	$-741
2023	$73,994	$61,837	$1,283,171	$12,157
2022	$88,092	$102,547	$1,269,848	$-14,455
2021	$26,724	$127,860	$1,389,354	$-101,136
2020	$357,762	$69,781	$1,497,770	$287,981

EARL AND CAROLYN GLENN FOUNDATION INC