GLASS CONTROL INC EMPLOYEE BENEFIT TRUST (EIN 752255753) - 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

1988

Legal Domicile

Principal Officer

JAMES R LUPTON

Phone

8067998807

Tax Period

2023-12-01 to 2024-11-30

GLASS CONTROL INC EMPLOYEE BENEFIT TRUST, founded in 1988, is a micro nonprofit that reported $88K in total revenue in fiscal year 2023. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $126K exceeded revenue, resulting in a 43% operating deficit.

Mission

TO PROVIDE HEALTH AND DEATH BENEFITS TO EMPLOYEES OF A CONTROLLED GROUP OF CORPORATIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $85,462

Investment Income $2,415

Other Revenue $0

TOTAL REVENUE $87,877

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $62,881

TOTAL EXPENSES $125,621

Year-over-Year Comparison

	2023	2022	Change
Revenue	$87,877	$1,114,346	-0.9%
Expenses	$125,621	$1,183,111	-0.9%
Net Income	$-37,744	$-68,765	-0.5%

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

N/A

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
JAMES R LUPTON	TRUSTEE	10.00	Director	$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	$87,877	$125,621	$216,611	$-37,744
2023	$1,114,346	$1,183,111	$254,355	$-68,765
2022	$1,073,892	$938,595	$323,120	$135,297
2021	$1,183,121	$1,290,080	$187,823	$-106,959
2020	$1,830,648	$1,741,608	$294,782	$89,040
2019	$1,675,506	$1,820,089	$207,751	$-144,583
2018	$2,129,337	$2,028,974	$350,325	$100,363

GLASS CONTROL INC EMPLOYEE BENEFIT TRUST