THE LEVEL FOUNDATION INC C/O BARRY GLASSMAN

EIN: 923916919 501(c)(3) Housing & Shelter

DARLINGTON, MD

Total Revenue
$6,150
Total Expenses
N/A
Total Assets
$15,495
Net Assets
$15,495
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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
2023
Legal Domicile
MD
Principal Officer
BARRY GLASSMAN
Phone
4104409267
Tax Period
2024-01-01 to 2024-12-31

THE LEVEL FOUNDATION INC C/O BARRY GLASSMAN, founded in 2023, is a micro nonprofit in the Housing & Shelter sector that reported $6K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring.

Mission

TO RAISE FUNDS FOR RECOVERY FROM ADDICTION, HOMELESSNESS, AND HUNGER.

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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 (2024)

Revenue Breakdown

Contributions & Grants $500
Program Service Revenue $0
Investment Income $0
Other Revenue $5,650
TOTAL REVENUE $6,150

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue $6,150 $13,988 -0.6%
Expenses N/A $6,080 -1.0%
Net Income N/A $7,908 N/A
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
5
Independent Members
5
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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRY GLASSMAN PRESIDENT N/A
Officer Director
$0 $0 $0
AMBER SHRODES VICE PRESIDE N/A
Officer Director
$0 $0 $0
ROSEMARY HAJEK TREASURER N/A
Officer Director
$0 $0 $0
DEBORAH GLASSMAN SECRETARY N/A
Officer Director
$0 $0 $0
MARY CHANCE TRUSTEE N/A
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 $6,150 No data $15,495 No data
2023 $13,988 $6,080 $7,908 $7,908
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