Civic Intelligence

Glass Control Inc Employee Benefit

EIN 75-2255753 • 501(c)9 • Lubbock, TX

Profile

To provide health and death benefits to employees of a controlled group of corporations.

P O Box 64190Lubbock, TX 79464-4190

n/A

Siviq Scores

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

Liabilities / Assets

67th percentile

0.00x

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

501(c)9 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.00x

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

501(c)9 • <$500k nonprofits • Source year 2024

Net Margin

41st percentile

-43%

Higher net margin than 41% of similar nonprofits.

501(c)9 • <$500k nonprofits • Source year 2024

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)9 • <$500k nonprofits • Source year 2024

Asset Growth

62nd percentile

-15%

Faster asset growth than 62% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

-92%

Faster revenue growth than 27% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$216,611

Down $37,744 (-15%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$216,611

Down $37,744 (-15%) from 2023

Revenue

Down

$87,877

Down $1,026,469 (-92%) from 2023

Expenses

Down

$125,621

Down $1,057,490 (-89%) from 2023

Net Income

Up

-$37,744

Up $31,021 (+45%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $93,639Liabilities 2010: $8,580Net Assets 2010: $85,0592010Assets 2011: $82,450Liabilities 2011: $0Net Assets 2011: $82,4502011Assets 2012: $60,234Liabilities 2012: $0Net Assets 2012: $60,2342012Assets 2013: $70,467Liabilities 2013: $0Net Assets 2013: $70,4672013Assets 2014: $543,755Liabilities 2014: $0Net Assets 2014: $543,7552014Assets 2015: $717,165Liabilities 2015: $0Net Assets 2015: $717,1652015Assets 2016: $574,820Liabilities 2016: $0Net Assets 2016: $574,8202016Assets 2017: $249,962Liabilities 2017: $0Net Assets 2017: $249,9622017Assets 2018: $350,325Liabilities 2018: $0Net Assets 2018: $350,3252018Assets 2019: $207,751Liabilities 2019: $2,009Net Assets 2019: $205,7422019Assets 2020: $294,782Liabilities 2020: $0Net Assets 2020: $294,7822020Assets 2021: $187,823Liabilities 2021: $0Net Assets 2021: $187,8232021Assets 2022: $323,120Liabilities 2022: $0Net Assets 2022: $323,1202022Assets 2023: $254,355Liabilities 2023: $0Net Assets 2023: $254,3552023Assets 2024: $216,611Liabilities 2024: $0Net Assets 2024: $216,6112024

Highlighted filing

2024

Assets$216,611
Liabilities$0
Net Assets$216,611

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,082,9942010Expenses 2011: $2,305,1212011Revenue 2012: $1,728,964Expenses 2012: $1,751,180Net Income 2012: -$22,2162012Expenses 2013: $1,646,9362013Revenue 2014: $1,670,738Expenses 2014: $1,197,450Net Income 2014: $473,2882014Revenue 2015: $1,674,925Expenses 2015: $1,501,515Net Income 2015: $173,4102015Revenue 2016: $1,728,433Expenses 2016: $1,870,778Net Income 2016: -$142,3452016Revenue 2017: $1,847,791Expenses 2017: $2,172,649Net Income 2017: -$324,8582017Revenue 2018: $2,129,337Expenses 2018: $2,028,974Net Income 2018: $100,3632018Revenue 2019: $1,675,506Expenses 2019: $1,820,089Net Income 2019: -$144,5832019Revenue 2020: $1,830,648Expenses 2020: $1,741,608Net Income 2020: $89,0402020Revenue 2021: $1,183,121Expenses 2021: $1,290,080Net Income 2021: -$106,9592021Revenue 2022: $1,073,892Expenses 2022: $938,595Net Income 2022: $135,2972022Revenue 2023: $1,114,346Expenses 2023: $1,183,111Net Income 2023: -$68,7652023Revenue 2024: $87,877Expenses 2024: $125,621Net Income 2024: -$37,7442024

Highlighted filing

2024

Revenue$87,877
Expenses$125,621
Net Income-$37,744

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.09$0.13$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$1.11$1.18$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.00$0.32$1.07$0.94$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$1.18$1.29$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$1.83$1.74$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$1.68$1.82$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$2.13$2.03$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$1.85$2.17$0.32
2016Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$1.73$1.87$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$1.67$1.50$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$1.67$1.20$0.47
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$1.65
2012Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$1.73$1.75$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$2.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.01$0.09$2.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Dec 1, 2023 to Nov 30, 2024
Signed
Aug 21, 2025
Return Version
2023v6.0
Gross Receipts
$87,877
Mission and Program Overview

Mission

To provide health and death benefits to employees of a controlled group of corporations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$251,965$216,611▼ $35,354
Rtn Earn Endowment Incm Other Fnds$254,355$216,611▼ $37,744
Accounts Receivable$2,390--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$254,355$216,611▼ $37,744
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$254,355$216,611▼ $37,744
Total Liabilities and Net Assets / Fund Balance$254,355$216,611▼ $37,744
Compensation and Service Providers

Board Members and Trustees

NameTitle
James R LuptonTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$85,462
Investment Income
$2,415
Other Revenue
$0
Change in Net Assets
$-37,744

Audited Revenue Reconciliation

Revenue per Audited Statements
$87,877
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$87,877
Total Revenue per Form 990
$87,877
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$62,881
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$62,740
Fees for Services Management---$40,568
Fees for Services Accounting---$11,350
Fees for Services Other---$967
Other Expenses---$372
Total Functional Expenses$0$0$0$125,621

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$125,621
Total Expenses per Audited Statements$125,621
Total Expenses per Form 990$125,621
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

Glass control, inc., the creater of the trust, manages the trusts day to day operations for a management fee. During 2023-2024, the trust paid $40,568 to glass control, inc.

Form 990, Part VI, Section B, line 11B

The form 990 was reviewed by the trustee prior to filing.

Form 990, Part VI, Section C, line 19

The trust will provide a complete copy of trust document and the audited financial statements to anyone covered by the trust.

Filing and Contact Details

Filer

Filer Name
Glass Control Inc Employee Benefit
EIN
75-2255753
Phone
8067998807
Address
P O BOX 64190, LUBBOCK, TX 79464-4190

Signing Officer

Name
James R Lupton
Title
Trustee
Phone
8067998807
Signed
2025-08-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James R Lupton
Formed
1988
Legal Domicile
TX
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Bolinger Segars Gilbert and Moss Llp
Address
8215 NASHVILLE AVENUE, LUBBOCK, TX 79423
Preparer
Matt R Willis
Phone
8067473806
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 3

Effective December 31, 2023, the Plan terminated active health and welfare benefit coverage for all participants. As of that date, no new claims were incurred under the Plan. However, the Plan remained active through the end of the Plan year ended November 30, 2024, for the purpose of paying out remaining obligations related to claims incurred prior to the termination date. This includes claims that were pending or incurred but not reported (IBNR) as of December 31, 2023.

Financial Statement Notes

Part X, Line 2:

The plan has adopted the "uncertain tax positions" provisions of accounting principles generally accepted in the united states of america. The primary tax position of the plan is its filing status as a tax exempt entity. The plan determined that it is more likely than not that its tax position will be sustained upon examination by the internal revenue service(irs), or other state taxing authority. The plan is no longer subject to u.s. Federal and state income tax examinations by federal taxing authorities for years before 2021. There were no penalties or interest related to income taxes recognized during the years ended november 30, 2024 and 2023.

Raw XML Appendix290 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AuditCommitteeInd00
IRS990/BenefitsToMembersGrp/TotalAmt062740
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JAMES R LUPTON
IRS990/BooksInCareOfDetail/PhoneNum08067998807
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05241 98th Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0LUBBOCK
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IRS990/CompensationFromOtherSrcsInd00
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IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt062740
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IRS990/CYOtherExpensesAmt062881
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IRS990/Desc0EMPLOYEE BENEFIT PLAN PRIMARILY FOR HEALTH INSURANCE TO 114 PARTICIPATING AND COVERED EMPLOYEES AT YEAR END - NOVEMBER 30, 2024.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
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IRS990/FeesForServicesOtherGrp/TotalAmt0967
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IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
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IRS990/FSAuditedInd01
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IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt087877
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02415
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt02415
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0254355
IRS990/NetAssetsOrFundBalancesEOYAmt0216611
IRS990/NetUnrelatedBusTxblIncmAmt01415
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IRS990/NondeductibleContributionsInd00
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IRS990/OperateHospitalInd00
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IRS990/OtherExpensesGrp/TotalAmt09624
IRS990/OtherExpensesGrp/TotalAmt1372
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IRS990/PayPremiumsPrsnlBnftCntrctInd00
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IRS990/PYTotalRevenueAmt01114346
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IRS990/ReconcilationRevenueExpnssAmt0-37744
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PLAN HAS ADOPTED THE "UNCERTAIN TAX POSITIONS" PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE PRIMARY TAX POSITION OF THE PLAN IS ITS FILING STATUS AS A TAX EXEMPT ENTITY. THE PLAN DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE(IRS), OR OTHER STATE TAXING AUTHORITY. THE PLAN IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY FEDERAL TAXING AUTHORITIES FOR YEARS BEFORE 2021. THERE WERE NO PENALTIES OR INTEREST RELATED TO INCOME TAXES RECOGNIZED DURING THE YEARS ENDED NOVEMBER 30, 2024 AND 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
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IRS990/ScheduleJRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Effective December 31, 2023, the Plan terminated active health and welfare benefit coverage for all participants. As of that date, no new claims were incurred under the Plan. However, the Plan remained active through the end of the Plan year ended November 30, 2024, for the purpose of paying out remaining obligations related to claims incurred prior to the termination date. This includes claims that were pending or incurred but not reported (IBNR) as of December 31, 2023.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GLASS CONTROL, INC., THE CREATER OF THE TRUST, MANAGES THE TRUSTS DAY TO DAY OPERATIONS FOR A MANAGEMENT FEE. DURING 2023-2024, THE TRUST PAID $40,568 TO GLASS CONTROL, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WAS REVIEWED BY THE TRUSTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TRUST WILL PROVIDE A COMPLETE COPY OF TRUST DOCUMENT AND THE AUDITED FINANCIAL STATEMENTS TO ANYONE COVERED BY THE TRUST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
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IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0254355
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0216611
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt085462
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt085462
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt087877
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt02415
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0254355
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0216611
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 64190
IRS990/USAddress/CityNm0LUBBOCK
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd0794644190
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES R LUPTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum08067998807
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLASS CONTROL INC EMPLOYEE BENEFIT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TRUST
ReturnHeader/Filer/BusinessNameControlTxt0GLAS
ReturnHeader/Filer/EIN0752255753
ReturnHeader/Filer/PhoneNum08067998807
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 64190
ReturnHeader/Filer/USAddress/CityNm0LUBBOCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0794644190
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0750882037
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOLINGER SEGARS GILBERT AND MOSS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08215 NASHVILLE AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LUBBOCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079423
ReturnHeader/PreparerPersonGrp/PhoneNum08067473806
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Matt R Willis
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-08-27T15:51:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-12-01
ReturnHeader/TaxPeriodEndDt02024-11-30
ReturnHeader/TaxYr02023

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