Glorious Foundation INC EIN 80-0553024 Form 990 (PDF) Claim this org

Glorious Foundation INC

Not yet claimed Claim this org →

Partners with local leaders to build sustainable communities. For fiscal year 2025 it reported $280K in revenue, $264K in expenses, and $29K in net assets.Pt I

Founded
2010
Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Hingham, MA
Website
beglorious.org
Filings
6 on file (2020–2025)
Revenue
$280KFY2025
Expenses
$264K
Net assets
$29K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  80-0553024 Public foundation / grantmaker Hingham, MA Founded 2010
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Glorious Foundation INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Partners with local leaders to build sustainable communities.
Leadership
Melissa Mecca · Vice-Chair & Secretary / Director
Money in and out
$280K revenue, $264K expenses
Bottom line
93% program efficiency
Grants paid & assets · FY2025
Total revenue
$280K
Pt VIII · Ln 12
Total expenses
$264K
Pt IX · Ln 25
Net assets
$29K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $17K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.04 Fundraising $0.03
Program efficiency
93%
of spending reaches programs
Operating runway
1.3mo
months of highly liquid reserves at operating expense rate▲ +62% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▲ +80% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$280K
FY2025▲ +50%
Expenses
$264K
FY2025▲ +35%
Total assets
$29K
FY2025▲ +354%
Total liabilities
$0
FY2025
Total revenue
$280K
Pt VIII · Ln 12
Total expenses
$264K
Pt IX · Ln 25
Net assets
$29K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$17K
Total assetsPt X · Ln 16$29K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGlorious Foundation INC
EINHdr · item D80-0553024
Principal addressHdr · item CHingham, MA
WebsiteHdr · item Jbeglorious.org
Year of formationHdr · item L2010
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFMar 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vice-Chair & Secretary / Director
$0Pt VII · Sec A
Chair & Executive Director
$0Pt VII · Sec A
Treasurer / Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Glorious Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $246K of program spending, described in the organization's own filed words · FY2025.
01

Global Program Support

$246Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants100%$280K
Other revenue$250
Total revenueLn 12$280K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.04 Fundraising $0.03
Program services93%$246K
Management & general4%$11K
Fundraising3%$7K
Total functional expensesLn 25$264K

Balance Sheet

Part X · end of year
CashLn 1$29K
Total assetsLn 16$29K
Total liabilitiesLn 26$0
Total net assetsLn 32$29K
Months of cash on handcomputed1.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $29K · Operating expenses/yr $264K
1.3 months
Where the money goes
Program services
Program services $246K · Total expenses $264K
93%
Management & General
Management & general $11K · Total expenses $264K
4%
Fundraising
Fundraising $7K · Total expenses $264K
3%
Cost to raise $1
Fundraising expense (2-yr avg) $3K · Solicited contributions (2-yr avg) $223K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $280K · Total revenue $280K
100%
Government reliance
Government grants — · Total revenue $280K
Earned-income share
Program service revenue $0 · Total revenue $280K
0%
Investment reliance
Investment income $0 · Total revenue $280K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $264K
0%
Growth & trend
Revenue growth (YoY)
This year $280K · Prior year $187K
+50%
Revenue CAGR
FY2020 $162K · FY2025 $280K
+12%
Net-asset trend (YoY)
End of year $29K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $280K · Expenses $264K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $29K
Net-asset ratio
Net assets $29K · Total assets $29K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $29K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Melissa Mecca · Reported title Vice-Chair & Secretary / Director · Highest reported compensation $0 · Total expenses $264K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $264K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 4%
Fundraising cost ratio 2%
Revenue growth 50%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$182K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$280K revenue · viewing · ⤓ 990 PDF
FY2024$187K revenue · ⤓ 990 PDF
FY2023$165K revenue · ⤓ 990 PDF
FY2022$165K revenue · ⤓ 990 PDF
FY2021$176K revenue · ⤓ 990 PDF
FY2020$162K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.