John H & Marjorie N Glasgow Foundation
Only null% goes to programs Strong reserves Declining revenue
John H & Marjorie N Glasgow Foundation is a 501(c)(3) organization based in Sugar Land, Texas, registered in 1999, with $38,792 in FY2024 revenue. CharityIndex grades it F.
1007 Millstone Ct, Sugar Land, TX, 77498 EIN 76-0609709 Since 1999
Revenue (FY2024)
$39K
▲ 19.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$140K
Net assets
$874K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 John H & Marjorie N Glasgow Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating75 mo reserves · -260% 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 John H & Marjorie N Glasgow Foundation: 75 mo reserves · -260% margin earns a F 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 John H & Marjorie N Glasgow Foundation— 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 John H & Marjorie N Glasgow Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1007 Millstone Ct, Sugar Land, TX, 77498
- City
- Sugar Land
- State
- Texas
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $368K (FY2014) to $39K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $874K
Operating margin
-259.8%
Spent more than it raised in the latest fiscal year.
Total assets
$874K
Total liabilities
$0
Net assets
$874K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $38,792▲19.5% | $139,565▲87.2% | $874,109▼10.4% | $874,109▼10.4% | 990PF |
| 2023 | $32,465▲370% | $74,562▼36.4% | $975,061▼4.1% | $975,061▼4.1% | 990PF |
| 2022 | $6,911▼95.0% | $117,224▲172% | $1,017,157▼9.8% | $1,017,157▼9.8% | 990PF |
| 2021 | $137,872▲4.6% | $43,089▼60.6% | $1,128,231▼9.2% | $1,128,231▼9.2% | 990PF |
| 2020 | $131,759▲178% | $109,348▼39.5% | $1,242,832▲1.8% | $1,242,832▲1.8% | 990PF |
| 2019 | $47,378▲329% | $180,839▲17.3% | $1,221,268▼9.9% | $1,221,268▼9.9% | 990PF |
| 2018 | -$20,705▼105% | $154,147▲62.1% | $1,354,729▲3.7% | $1,354,729▲3.7% | 990PF |
| 2017 | $385,537▲518% | $95,083▼24.7% | $1,306,513▲3.2% | $1,306,513▼1.5% | 990PF |
| 2015 | $62,419▼83.0% | $126,278▲117% | $1,266,018▼5.3% | $1,326,018▼0.8% | 990PF |
| 2014 | $367,537 | $58,255▼0.6% | $1,336,934▲31.6% | $1,336,934▲31.6% | 990PF |
| 2012 | — | $58,621▲73.3% | $1,015,929▼0.3% | $1,015,929▼0.3% | 990PF |
| 2011 | — | $33,819▲14.6% | $1,019,219▲3.4% | $1,019,219▲3.4% | 990PF |
| 2010 | — | $29,523 | $985,553 | $985,553 | 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.
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Frequently asked questions
- Is John H & Marjorie N Glasgow Foundation a legitimate nonprofit?
- Yes. John H & Marjorie N Glasgow Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 76-0609709, based in Sugar Land, Texas. Donations are tax-deductible.
- What is John H & Marjorie N Glasgow Foundation's EIN?
- John H & Marjorie N Glasgow Foundation's Employer Identification Number (EIN) is 76-0609709.
- How much revenue does John H & Marjorie N Glasgow Foundation report?
- John H & Marjorie N Glasgow Foundation reported $38,792 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does John H & Marjorie N Glasgow Foundation have?
- CharityIndex grades John H & Marjorie N Glasgow Foundation F, based on financial health (reserves and operating margin).
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Data for John H & Marjorie N Glasgow Foundation (EIN 76-0609709) 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.