LHousing & ShelterEIN: 860861606· Ruling Year: 2008

Glencroft Towers 1 Inc

Glendale, Arizona

CHealth Score
35C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

💰
$4.4M
Total Revenue
📊
$4.6M
Total Expenses
🏦
-$753K
Net Assets
📋
$5.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.1%
Year-over-year change (2022 → 2023)
Net Margin
-4.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.16
Net assets divided by total expenses
Liabilities-to-Assets
115.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,394,73624%$4,580,98926%$4,803,1995%
2022$3,541,68419%$3,625,8799%$5,079,6311%
2021$2,977,27815%$3,337,3464%$5,153,0342%
2020$2,583,3592%$3,219,1751%$5,269,1333%
2019$2,539,4752%$3,188,9964%$5,418,4498%
2018$2,580,8441%$3,067,6102%$5,901,8669%
2017$2,562,9145%$3,007,3969%$5,418,04816%
2016$2,443,47631%$2,750,35025%$6,432,0441%
2015$3,547,62612%$3,644,25313%$6,390,9903%
2014$3,162,3319%$3,235,4802%$6,556,1733%
2013$2,890,184$3,291,99212%$6,745,4746%
2012$2,899,51619%$2,947,0123%$7,150,8481%
2011$3,571,721$2,863,916$7,193,152

Frequently Asked Questions

What does Glencroft Towers 1 Inc do?

Glencroft Towers 1 Inc is a housing & shelter nonprofit organization based in Arizona. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Glencroft Towers 1 Inc financially healthy?

Based on our 9-metric Financial Health Score model, Glencroft Towers 1 Inc has a score of 35/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Glencroft Towers 1 Inc generate?

Glencroft Towers 1 Inc reports $4.0M in annual revenue and holds $4.4M in total assets, based on IRS filings.

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