Glenville Business and Professional Association Inc

Nonprofit profile at a glance

EIN
462916334
IRS 990-EZ coverage
2016–2024
Forms available
Form 990-EZ 2024, Form 990-N 2015
Location
Glenville, NY, USA
Phone
5186882846
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Public, Society Benefit N.E.C.

Reported finances

Revenue
$56,882
Expenses
$38,233
Assets
$49,806
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • DAVID HENNEL (PRESIDENT)
  • JAMES VALACHOVIC (VICE PRESIDENT)

People named in this filing

  • DAVID HENNEL (PRESIDENT)
  • JAMES VALACHOVIC (VICE PRESIDENT)
  • KATHLEEN TOOMBS (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A community-oriented business improvement and networking association organization that works to encourage and to promote the businesses and service groups within the town of glenville, to encourage a vigorous business community spirit, improvement of the quality of life and community pride in our town as a whole.

What it reported doing in 2024

Glenville oktoberfest and local business mixers- glenville oktoberfest is a annual one-day family-friendly celebration with music, food, entertainment, and games for children, with promotions of numerous local businesses. Local business mixers are held to promote a shop local mind set.

Operating model

Revenue model
Earned-program. 83% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 82
  • Sustainability: 70
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.8%; rating input score 67
  • Program expense ratio: 99.3%; rating input score 99

Transparency & Controls

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

Sustainability

  • Operating margin: 32.8%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.3; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 0.3% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: 4.8% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 12.3% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 66.8% of revenue deployed · 99.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $38K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2016 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.

  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.