Civic Intelligence

Glass Family Foundation Inc

EIN 56-2196225 • Asheville, NC

Two Town Square Blvd Suite 310Asheville, NC 28803
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$10M-$25M nonprofits • Source year 2024

Net Margin

8th percentile

-56%

Higher net margin than 8% of similar nonprofits.

$10M-$25M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$91,708

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

$10M-$25M nonprofits • Source year 2024

Asset Growth

23rd percentile

-2.4%

Faster asset growth than 23% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

13th percentile

-21%

Faster revenue growth than 13% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets19th percentile

Assets

Down

$23,429,847

Down $1,184,848 (-4.8%) from 2022

Liabilities

Down

$0

Down $1 (-100%) from 2022

Net Assets

Down

$23,429,847

Down $1,184,848 (-4.8%) from 2022

Operations
Liabilities / Revenue18th percentileNet Margin8th percentile

Revenue

Down

$1,533,252

Down $933,122 (-38%) from 2022

Expenses

Up

$2,391,104

Up $122,118 (+5.4%) from 2022

Net Income

Down

-$857,852

Down $1,055,240 (-535%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $12,074,712Liabilities 2011: $1,5622011Assets 2012: $12,922,223Liabilities 2012: $2,6642012Assets 2013: $14,186,951Liabilities 2013: $1,4192013Assets 2014: $15,343,477Liabilities 2014: $18,3272014Assets 2015: $16,847,027Liabilities 2015: $5,9092015Assets 2019: $20,234,776Liabilities 2019: $8,6082019Assets 2020: $23,943,717Liabilities 2020: $30,800Net Assets 2020: $23,912,9172020Assets 2021: $24,447,807Liabilities 2021: $30,500Net Assets 2021: $24,417,3072021Assets 2022: $24,614,695Liabilities 2022: $1Net Assets 2022: $24,614,6952022Assets 2024: $23,429,847Liabilities 2024: $0Net Assets 2024: $23,429,8472024

Highlighted filing

2024

Assets$23,429,847
Liabilities$0
Net Assets$23,429,847
Open 2024 Filing

Operations Trend

Revenue Growth13th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,493,048Expenses 2011: $589,944Net Income 2011: $903,1042011Revenue 2012: $1,677,015Expenses 2012: $830,606Net Income 2012: $846,4092012Revenue 2013: $2,150,407Expenses 2013: $884,434Net Income 2013: $1,265,9732013Revenue 2014: $2,429,464Expenses 2014: $1,289,846Net Income 2014: $1,139,6182014Revenue 2015: $2,776,216Expenses 2015: $1,260,248Net Income 2015: $1,515,9682015Revenue 2019: $2,371,972Expenses 2019: $1,908,206Net Income 2019: $463,7662019Revenue 2020: $6,354,421Expenses 2020: $1,909,956Net Income 2020: $4,444,4652020Revenue 2021: $3,179,935Expenses 2021: $2,675,545Net Income 2021: $504,3902021Revenue 2022: $2,466,374Expenses 2022: $2,268,986Net Income 2022: $197,3882022Revenue 2024: $1,533,252Expenses 2024: $2,391,104Net Income 2024: -$857,8522024

Highlighted filing

2024

Revenue$1,533,252
Expenses$2,391,104
Net Income-$857,852
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,429,847
Liabilities
$0
Net assets
$23,429,847
Revenue
$1,533,252
Expenses
$2,391,104
Net income
-$857,852
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$23.4$0.00$23.4$1.53$2.39$0.86
2022Detailed filing. Detailed filing data is available for this year.$24.6$0.00$24.6$2.47$2.27$0.20
2021Detailed filing. Detailed filing data is available for this year.$24.4$0.03$24.4$3.18$2.68$0.50
2020Detailed filing. Detailed filing data is available for this year.$23.9$0.03$23.9$6.35$1.91$4.44
2019Summary only. Only limited summary data is available for this year.$20.2$0.01$2.37$1.91$0.46
2015Summary only. Only limited summary data is available for this year.$16.8$0.01$2.78$1.26$1.52
2014Summary only. Only limited summary data is available for this year.$15.3$0.02$2.43$1.29$1.14
2013Summary only. Only limited summary data is available for this year.$14.2$0.00$2.15$0.88$1.27
2012Summary only. Only limited summary data is available for this year.$12.9$0.00$1.68$0.83$0.85
2011Summary only. Only limited summary data is available for this year.$12.1$0.00$1.49$0.59$0.90
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LARA GLASSPresident-$91,708-$91,708
KENNETH E GLASSBd Director Chmn-$0--
NANCY J GLASSVP/Secretary-$0--
Filing and Contact Details

Filer

Filer Name
Glass Foundation Inc
EIN
56-2196225
Phone
8282108120
Address
TWO TOWN SQUARE BLVD SUITE 310, ASHEVILLE, NC 28803

Signing Officer

Name
Kenneth E Glass
Title
Bd Director Chmn
Phone
8282811453
Signed
2025-11-17

Preparer

Firm
Gould Killian CPA Group Pa
Address
100 COXE AVE, ASHEVILLE, NC 28801-2354
Preparer
G Edward Towson Ii CPA
Phone
8282580363
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt291708
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt20
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt20
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1NANCY J GLASS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2LARA GLASS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0BD DIR CHMN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1VP/SECRETARY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2PRESIDENT
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt244 COOPERS HAWK DRIVE
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IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
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IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0false
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0LARA GLASS
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0TWO TOWN SQUARE BLVD SUITE 310
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0ASHEVILLE
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd028803
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IRS990PF/StatementsRegardingActyGrp/PhoneNum08282108120
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IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0REFER TO SCHEDULE OF CONTRIBUTORS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt02024680
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0CHARITABLE
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IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt02024680
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt01127833
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt01127833
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt0344711
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt0867703
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt01267615
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt0552227
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt0690906
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt0690906
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt03929103
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt0896847
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt0344711
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt0867703
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt01267615
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt0552227
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt02024680
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt0896847
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt04620009
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt03723162
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0NWI ADMIN LLC
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt02 TOWN SQUARE BLVD
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0ASHEVILLE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0NC
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd028803
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt090000
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt013198
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt1115345
LandEtcSchedule2/LandEtcGrp/BookValueAmt03900
LandEtcSchedule2/LandEtcGrp/BookValueAmt1247183
LandEtcSchedule2/LandEtcGrp/BookValueAmt23820605
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt0COMPUTER EQUIPMENT
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt1WATIA BLDG & EQUIP
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt2WATIA LAND
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt017098
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt1362528
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt23820605
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt0196406
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0NOTE RECEVIABLE YMCA
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1INVESTMENT FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2PARKING
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3PAYROLL PROCESSING FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4RENT
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5TELEPHONE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6WATIA EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0148769
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt1216
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0148769
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt12195
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt21908
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt316616
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt41599
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt549375
OtherIncomeSchedule2/OtherIncomeDetail/Desc0WATIA LEASE REVENUE
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt075223
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt06000
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0MANAGEMENT FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt0300
TaxesSchedule/TaxesDetail/Amt04401
TaxesSchedule/TaxesDetail/Amt16404
TaxesSchedule/TaxesDetail/Amt26694
TaxesSchedule/TaxesDetail/CategoryTxt0FEDERAL INCOME TAXES
TaxesSchedule/TaxesDetail/CategoryTxt1FOREIGN & OTHER TAXES
TaxesSchedule/TaxesDetail/CategoryTxt2PAYROLL TAXES
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt04401
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt16404
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt2904
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH E GLASS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BD DIR CHMN
ReturnHeader/BusinessOfficerGrp/PhoneNum08282811453
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLASS FOUNDATION INC

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