Boyd-glenn Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Boyd-glenn Foundation Inc is a 501(c)(3) organization based in Montreat, North Carolina, registered in 1994, with $6,159,500 in FY2024 revenue. CharityIndex grades it C+.
320 Chapman Rd, Montreat, NC, 28757 EIN 56-1855689 Since 1994
Revenue (FY2024)
$6.2M
▲ 1631.8% vs prior year
Expenses (FY2024)
$69K
Net assets
$7.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Boyd-glenn Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating1328 mo reserves · +99% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Boyd-glenn Foundation Inc: 1328 mo reserves · +99% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Boyd-glenn Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Boyd-glenn Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 320 Chapman Rd, Montreat, NC, 28757
- City
- Montreat
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $30K (FY2013) to $6.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $7.6M
Operating margin
98.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.6M
Total liabilities
$0
Net assets
$7.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,159,500▲1632% | $68,962▲34.9% | $7,634,482▲438% | $7,634,482▲438% | 990PF |
| 2023 | $355,661▲49.8% | $51,137▲39.2% | $1,420,129▲38.5% | $1,420,129▲38.5% | 990PF |
| 2022 | $237,437▼27.9% | $36,733▼8.7% | $1,025,614▲13.5% | $1,025,614▲13.5% | 990PF |
| 2021 | $329,126▲661% | $40,228▲18.4% | $903,584▲35.6% | $903,584▲35.6% | 990PF |
| 2020 | $43,227▼16.0% | $33,966▼3.3% | $666,597▲3.8% | $666,597▲3.8% | 990PF |
| 2019 | $51,480▲13.4% | $35,122▲1.4% | $642,095▲10.3% | $642,095▲10.3% | 990PF |
| 2018 | $45,382▲33.2% | $34,651▲2.9% | $582,153▼7.4% | $582,153▼7.4% | 990PF |
| 2017 | $34,074▼19.9% | $33,673▼3.3% | $628,828▼2.3% | $628,828▼2.3% | 990PF |
| 2016 | $42,518▼31.7% | $34,823▼4.3% | $643,725▲6.3% | $643,725▲6.3% | 990PF |
| 2015 | $62,291▲30.2% | $36,386▲12.5% | $605,374▼9.3% | $605,374▼9.3% | 990PF |
| 2014 | $47,846▲60.6% | $32,357▲0.2% | $667,645▲3.6% | $667,645▲3.6% | 990PF |
| 2013 | $29,789 | $32,298▲8.6% | $644,233▲5.8% | $644,233▲5.8% | 990PF |
| 2012 | — | $29,737▲13.6% | $608,664▲1.0% | $608,664▲1.0% | 990PF |
| 2011 | — | $26,183 | $602,918 | $602,918 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Boyd-glenn Foundation Inc a legitimate nonprofit?
- Yes. Boyd-glenn Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1855689, based in Montreat, North Carolina. Donations are tax-deductible.
- What is Boyd-glenn Foundation Inc's EIN?
- Boyd-glenn Foundation Inc's Employer Identification Number (EIN) is 56-1855689.
- How much revenue does Boyd-glenn Foundation Inc report?
- Boyd-glenn Foundation Inc reported $6,159,500 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Boyd-glenn Foundation Inc have?
- CharityIndex grades Boyd-glenn Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Boyd-glenn Foundation Inc (EIN 56-1855689) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.