Glen Lake Parent - Teacher Organization is a 501(c)(3) organization based in Minnetonka, Minnesota, registered in 2003, with $77,466 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$77K
▼ 67.0% vs prior year
Education median: $200K
Expenses (FY2024)
$948K
Net assets
$70K
Employees
—
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 Glen Lake Parent - Teacher Organization— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Glen Lake Parent - Teacher Organization: 1 mo reserves · -1124% margin earns a F on this criterion. See the exact thresholds →
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 Glen Lake Parent - Teacher Organization— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Glen Lake Parent - Teacher Organization: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $31K (FY2016) to $77K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-1124.0%
Spent more than it raised in the latest fiscal year.
Total assets
$70K
Total liabilities
$0
Net assets
$70K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $77,466▼67.0% | $948,214▲1851% | $69,915▼92.6% | $69,915▼92.6% | 990 |
| 2023 | $235,097▼69.6% | $48,605▼39.7% | $940,663▲24.7% | $940,663▲24.7% | 990 |
| 2022 | $774,614▲1282% | $80,614▲68.3% | $754,171▲1153% | $754,171▲1153% | 990 |
| 2021 | $56,031▲134% | $47,895▲36.0% | $60,171▲15.6% | $60,171▲15.6% | 990EZ |
| 2020 | $23,971▼41.9% | $35,212▲4.7% | $52,035▼17.8% | $52,035▼17.8% | 990EZ |
| 2019 | $41,293▼28.9% | $33,641▼46.1% | $63,276▲13.8% | $63,276▲13.8% | 990EZ |
| 2018 | $58,043▲40.3% | $62,455▲46.9% | $55,624▼7.3% | $55,624▼7.3% | 990EZ |
| 2017 | $41,381▲34.9% | $42,509▼1.5% | $60,036▼1.8% | $60,036▼1.8% | 990EZ |
| 2016 | $30,671 | $43,150 | $61,164 | $61,164 | 990EZ |
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.
3 grants to Glen Lake Parent - Teacher Organization totaling $225K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Saint Paul & Minnesota Foundation | Multiple grants for programs, operations, or other purposes | 2023 | $25,500 |
| Minneapolis Foundation | Donor-recommended, education | 2022 | $190,000 |
| American Online Giving Foundation Inc | General support | 2022 | $9,833 |
Explore more
Data for Glen Lake Parent - Teacher Organization (EIN 41-1983901) 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.