Melbern G and Susanne M Glasscock Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Melbern G and Susanne M Glasscock Foundation is a 501(c)(3) organization based in Houston, Texas, registered in 1992, with $955,830 in FY2024 revenue. CharityIndex grades it F.
3555 Timmons Ln Ste 700, Houston, TX, 77027 EIN 76-0380195 Since 1992
Revenue (FY2024)
$956K
▲ 2.4% vs prior year
Expenses (FY2024)
$1.7M
Net assets
$17.4M
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 Melbern G and Susanne M Glasscock 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 rating121 mo reserves · -81% 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 Melbern G and Susanne M Glasscock Foundation: 121 mo reserves · -81% 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 Melbern G and Susanne M Glasscock 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 Melbern G and Susanne M Glasscock Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $1.1M (FY2015) to $956K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $17.4M
Operating margin
-80.9%
Spent more than it raised in the latest fiscal year.
Total assets
$17.4M
Total liabilities
$0
Net assets
$17.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $955,830▲2.4% | $1,729,167▲17.0% | $17,437,824▼4.2% | $17,437,824▼4.2% | 990PF |
| 2023 | $933,796▼68.6% | $1,477,664▼2.1% | $18,211,161▼2.9% | $18,211,161▼2.9% | 990PF |
| 2022 | $2,974,598▲12.7% | $1,508,789▲22.8% | $18,755,029▲8.5% | $18,755,029▲8.5% | 990PF |
| 2021 | $2,638,914▼8.3% | $1,228,368▲52.6% | $17,289,220▼4.2% | $17,289,220▼4.2% | 990PF |
| 2020 | $2,877,090▲8.5% | $805,205▲16.9% | $18,044,324▲13.0% | $18,044,324▲13.0% | 990PF |
| 2019 | $2,652,472▲367% | $688,978▼0.6% | $15,972,439▲14.0% | $15,972,439▲14.0% | 990PF |
| 2018 | $568,469▲13.1% | $693,129▼0.7% | $14,008,945▼0.9% | $14,008,945▼0.9% | 990PF |
| 2017 | $502,460▼11.0% | $697,963▲5.4% | $14,133,605▼1.4% | $14,133,605▼1.4% | 990PF |
| 2016 | $564,732▼47.8% | $662,375▲146% | $14,329,108▼0.7% | $14,329,108▼0.7% | 990PF |
| 2015 | $1,081,291 | $268,803 | $14,426,751 | $14,426,751 | 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 Melbern G and Susanne M Glasscock Foundation a legitimate nonprofit?
- Yes. Melbern G and Susanne M Glasscock Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 76-0380195, based in Houston, Texas. Donations are tax-deductible.
- What is Melbern G and Susanne M Glasscock Foundation's EIN?
- Melbern G and Susanne M Glasscock Foundation's Employer Identification Number (EIN) is 76-0380195.
- How much revenue does Melbern G and Susanne M Glasscock Foundation report?
- Melbern G and Susanne M Glasscock Foundation reported $955,830 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Melbern G and Susanne M Glasscock Foundation have?
- CharityIndex grades Melbern G and Susanne M Glasscock Foundation F, based on financial health (reserves and operating margin).
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Data for Melbern G and Susanne M Glasscock Foundation (EIN 76-0380195) 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.