Louis & Florence Glasgow Foundation 008682 is a 501(c)(3) organization based in Norwich, New York, registered in 1973, with $19,374 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$19K
▲ 98.7% vs prior year
Expenses (FY2024)
$27K
Net assets
$402K
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 Louis & Florence Glasgow Foundation 008682— 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 Louis & Florence Glasgow Foundation 008682: 178 mo reserves · -40% margin earns a D 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 Louis & Florence Glasgow Foundation 008682— 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 Louis & Florence Glasgow Foundation 008682: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $18K (FY2013) to $19K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-39.8%
Spent more than it raised in the latest fiscal year.
Total assets
$402K
Total liabilities
$0
Net assets
$402K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $19,374▲98.7% | $27,091▲26.1% | $401,570▼1.9% | $401,570▼1.9% | 990PF |
| 2023 | $9,748▲14.1% | $21,484▼28.1% | $409,355▼2.8% | $409,355▼2.8% | 990PF |
| 2022 | $8,542▼94.6% | $29,885▲13.4% | $421,109▼4.8% | $421,109▼4.8% | 990PF |
| 2021 | $157,131▲656% | $26,347▲2.4% | $442,473▲42.2% | $442,473▲42.2% | 990PF |
| 2020 | $20,771▼13.1% | $25,737▲1.0% | $311,250▼1.8% | $311,250▼1.8% | 990PF |
| 2019 | $23,897▼17.7% | $25,486▼3.8% | $316,907▼0.5% | $316,907▼0.5% | 990PF |
| 2018 | $29,037▼4.6% | $26,502▲11.7% | $318,548▲0.8% | $318,548▲0.8% | 990PF |
| 2017 | $30,433▲36.0% | $23,725▼2.6% | $316,056▲3.9% | $316,056▲3.9% | 990PF |
| 2015 | $22,378▼22.5% | $24,358▲9.5% | $304,087▼0.7% | $304,087▼0.7% | 990PF |
| 2014 | $28,873▲60.8% | $22,243▲2.9% | $306,137▲2.2% | $306,137▲2.2% | 990PF |
| 2013 | $17,952 | $21,617▲19.6% | $299,558▼1.2% | $299,558▼1.2% | 990PF |
| 2012 | — | $18,079▼13.3% | $303,223▲1.6% | $303,223▲1.6% | 990PF |
| 2011 | — | $20,842 | $298,493 | $298,493 | 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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Data for Louis & Florence Glasgow Foundation 008682 (EIN 23-7304980) 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.