Glazing Industry Advancement Fund

Nonprofit profile at a glance

EIN
382767015
IRS 990-EZ coverage
2019–2024
Forms available
Form 990 2018, Form 990-EZ 2024
Location
Bloomfield Hills, MI, USA
Phone
2489721132
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$74,422
Expenses
$40,845
Assets
$424,304

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • STEVE HOHENSHIL (CHAIRMAN)
  • SEAN LEWIS (TRUSTEE)
  • GARY OBERLANDER (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The glazing industry advancement fund is crafted for the purpose of improving the quality of materials and craftanship within the structural glass and glazing industry, in compliance with the taft-hartley act.

What it reported doing in 2024

The glazing industry advancement fund is crafted for the purpose of improving the quality of materials and craftmanship within the structural glass and glazing industry, in compliance with the taft-hartley act.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 12% for direct work, 41% for grants, and 47% for member benefits.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 82
  • Sustainability: 76
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 43.9%; rating input score 44
  • Program expense ratio: 81.2%; rating input score 81

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 45.1%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 10.39; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 4.4% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: 10.9% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 13.7% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 43.9% of revenue deployed · 81.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $33K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.