Hot Glass Inc

Nonprofit profile at a glance

EIN
461964135
IRS 990-EZ coverage
2014–2020
Forms available
Form 990 2019, Form 990-EZ 2020, Form 990-N 2013
Location
Davenport, IA, USA
Phone
3092369223
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts Education

Official website

Reported finances

Revenue
$160,885
Expenses
$162,738
Assets
$138,957
Liabilities
$208

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • JOEL RYSER (PRESIDENT/EXECUTIVE DIRECTOR)

People named in this filing

  • ADRIAN ENGLISH (DIRECTOR)
  • TIM MINER (DIRECTOR)
  • JOEL RYSER (PRESIDENT/EXECUTIVE DIRECTOR)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Creation of glass art to promote self-confidence, leadership, and teamwork.

What it reported doing in 2020

Sharing the glass art experience to better our community. The mission includes using glass art to promote self-confidence, leadership, and teamwork through instruction and direct experience for the citizens of the quad city area.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 100
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.9%; rating input score 86
  • Program expense ratio: 84.9%; rating input score 85

Transparency & Controls

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

Sustainability

  • Operating margin: -1.2%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0.85; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 53.3%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 23.7% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 15.8% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 8.6% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 85.9% of revenue deployed · 84.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $138K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2014 to 2020
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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 — Sustainability: Operating margin scored 23/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.