Glenhome Trust
Nonprofit profile at a glance
- EIN
- 916053623
- IRS 990-EZ coverage
- 2018–2018
- Forms available
- Form 990 2017, Form 990-EZ 2018
- Location
- Seattle, WA, USA
- Phone
- 2066222294
- Rating confidence
- Limited
- Sector
- Named Trusts N.E.C.
Reported finances
- Revenue
- $25,237
- Expenses
- $2,767,992
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- SALLY JARVIS (PRESIDENT)
- ERIC JARVIS (VICE PRESIDENT)
People named in this filing
- SALLY JARVIS (PRESIDENT)
- ERIC JARVIS (VICE PRESIDENT)
- TONY MESTRES (SECRETARY/TREASURER)
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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Glenhome trust is organized & operated as a supporting organization to seattle foundation.
What it reported doing in 2018
Glenhome trust is organized and operated as a supporting organization to seattle foundation. Seattle foundation makes grants for the benefit of residents of the greater puget sound area. Glenhome trust makes grants in support of seattle foundation's charitable purpose.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 74
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 99.3%; rating input score 99
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -10,868%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd 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: Limited
- Revenue growth: -3.4% per year; rating input score 0; 41st percentile among comparable filings
- Asset growth: -4.8% per year; rating input score 0; 28th percentile among comparable filings
Details
- Where the money goes: 99.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2.7M in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 19 filed related-organization links
- 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.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.