The Glass Glen Burnie Foundation

San Antonio, TX
Tax-exempt since Sept. 1986
EIN: 73-1267576

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$7.18M (2024)

Expenses

$4.98M (2024)

Total Assets

$51.6M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$7,181,916

Expenses

$4,976,630

Net Income

$2,205,286

Net Assets

$51,566,185

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$476,656	6.6%
Bond Proceeds	$0
Royalties	$1,246,605	17.4%
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$5,458,655	76.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$687,200	13.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$51,566,185
Total Liabilities	$0
Net Assets	$51,566,185

Compensation

Key Employees and Officers	Compensation	Related	Other
David Ho Roth (Co Operating Trustee)	$136,500	$0	$0
Allan G Paterson (Co Operating Trustee)	$136,500	$0	$0
Jennifer Peace (Executive Director)	$95,000	$0	$0
Todd Brockwell (Trustee, Secretary)	$84,000	$0	$0
John B Adams Jr (Trustee)	$84,000	$0	$0
Gerald F Smith Jr (Trustee)	$84,000	$0	$0
Emily Beck (Trustee)	$67,200	$0	$0

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990

Filed on Oct. 21, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$2,764,556

Expenses

$5,268,743

Net Income

-$2,504,187

Net Assets

$49,360,899

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$407,573	14.7%
Bond Proceeds	$0
Royalties	$1,409,829	51.0%
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$947,154	34.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$405,500	7.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$49,360,899
Total Liabilities	$0
Net Assets	$49,360,899

Compensation

Key Employees and Officers	Compensation	Related	Other
David Ho Roth (Co Operating Trustee)	$92,400	$0	$0
Allan G Paterson (Co Operating Trustee)	$81,900	$0	$0
Jennifer Peace (Executive Director)	$80,000	$0	$0
Todd Brockwell (Trustee, Secretary)	$50,400	$0	$0
John B Adams Jr (Trustee)	$50,400	$0	$0
Gerald F Smith Jr (Trustee)	$50,400	$0	$0

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990

Filed on Nov. 8, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2022

Revenue

$3,581,493

Expenses

$4,106,205

Net Income

-$524,712

Net Assets

$57,440,868

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$316,623	8.8%
Bond Proceeds	$0
Royalties	$1,932,283	54.0%
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,326,321	37.0%
Net Inventory Sales	$0
Other Revenue	$6,266	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$445,466	10.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$80,000	1.9%

Assets/Debt
Total Assets	$57,440,868
Total Liabilities	$0
Net Assets	$57,440,868

Compensation

Key Employees and Officers	Compensation	Related	Other
Allan G Paterson (Co Operating Trustee)	$109,200	$0	$0
David Ho Roth (Co Operating Trustee)	$70,966	$0	$0
Todd Brockwell (Trustee, Secretary)	$67,200	$0	$0
John B Adams Jr (Trustee)	$67,200	$0	$0
Gerald F Smith Jr (Trustee)	$67,200	$0	$0
James T Holland (Trustee)	$63,700	$0	$0

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990

Filed on Aug. 23, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

$7,795,930

Expenses

$5,229,364

Net Income

$2,566,566

Net Assets

$57,955,575

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$16,497	0.2%
Bond Proceeds	$0
Royalties	$1,155,569	14.8%
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$6,614,460	84.8%
Net Inventory Sales	$0
Other Revenue	$9,404	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$487,200	9.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$80,000	1.5%

Assets/Debt
Total Assets	$57,955,575
Total Liabilities	$0
Net Assets	$57,955,575

Compensation

Key Employees and Officers	Compensation	Related	Other
James T Holland (Co Operating Trustee)	$109,200	$0	$0
Allan G Paterson (Co Operating Trustee)	$109,200	$0	$0
David Ho Roth (Trustee)	$67,200	$0	$0
Todd Brockwell (Trustee)	$67,200	$0	$0
John B Adams Jr (Trustee)	$67,200	$0	$0
Gerald F Smith Jr (Trustee)	$67,200	$0	$0

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990

Filed on Sept. 1, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$4,327,610

Expenses

$4,613,963

Net Income

-$286,353

Net Assets

$55,586,817

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$358	0.0%
Program Services	$0
Investment Income	$497	0.0%
Bond Proceeds	$0
Royalties	$1,230,981	28.4%
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,080,150	71.2%
Net Inventory Sales	$0
Other Revenue	$15,624	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$456,185	9.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$58,208	1.3%

Assets/Debt
Total Assets	$55,586,817
Total Liabilities	$0
Net Assets	$55,586,817

Compensation

Key Employees and Officers	Compensation	Related	Other
James T Holland (Co Operating Trustee)	$109,200	$0	$0
Allan G Paterson (Co Operating Trustee)	$109,200	$0	$0
David Ho Roth (Trustee)	$67,200	$0	$0
Todd Brockwell (Trustee)	$67,200	$0	$0
John B Adams Jr (Trustee)	$67,200	$0	$0
Gerald F Smith Jr (Trustee)	$36,185	$0	$0

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990

Filed on May 14, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$5,116,827

Expenses

$6,708,820

Net Income

-$1,591,993

Net Assets

$55,873,170

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$536,468	10.5%
Program Services	$0
Investment Income	$176,728	3.5%
Bond Proceeds	$0
Royalties	$1,272,238	24.9%
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,108,148	60.7%
Net Inventory Sales	$0
Other Revenue	$23,245	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$340,320	5.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$144,392	2.2%

Assets/Debt
Total Assets	$55,873,170
Total Liabilities	$0
Net Assets	$55,873,170

Compensation

Key Employees and Officers	Compensation	Related	Other
Alice Bowman (Former Employee)	$124,392	$0	$10,218
James T Holland (Co Operating Trustee)	$78,000	$0	$0
Allan G Paterson (Co Operating Trustee)	$78,000	$0	$0
David Ho Roth (Trustee)	$48,000	$0	$0
Todd Brockwell (Trustee)	$48,000	$0	$0
John B Adams Jr (Trustee)	$48,000	$0	$0
Peter G Bullough M D (Trustee)	$40,320	$0	$0

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990

Filed on June 30, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$7,687,088

Expenses

$6,246,523

Net Income

$1,440,565

Net Assets

$57,465,163

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$103,787	1.4%
Bond Proceeds	$0
Royalties	$1,186,001	15.4%
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$6,304,260	82.0%
Net Inventory Sales	$0
Other Revenue	$93,040	1.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$348,000	5.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$74,088	1.2%

Assets/Debt
Total Assets	$57,465,163
Total Liabilities	$0
Net Assets	$57,465,163

Compensation

Key Employees and Officers	Compensation	Related	Other
James T Holland (Co Operating Trustee)	$78,000	$0	$0
Allan G Paterson (Co Operating Trustee)	$78,000	$0	$0
Peter G Bullough M D (Trustee)	$48,000	$0	$0
David Ho Roth (Trustee)	$48,000	$0	$0
Todd Brockwell (Trustee)	$48,000	$0	$0
John B Adams Jr (Trustee)	$48,000	$0	$0

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990

Filed on May 14, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$2,645,392

Expenses

$4,978,933

Net Income

-$2,333,541

Net Assets

$56,024,600

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$142,132	5.4%
Bond Proceeds	$0
Royalties	$1,118,765	42.3%
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,356,490	51.3%
Net Inventory Sales	$0
Other Revenue	$28,005	1.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$348,000	7.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$71,568	1.4%

Assets/Debt
Total Assets	$56,024,600
Total Liabilities	$0
Net Assets	$56,024,600

Compensation

Key Employees and Officers	Compensation	Related	Other
James T Holland (Co Operating Trustee)	$78,000	$0	$0
Allan G Paterson (Co Operating Trustee)	$78,000	$0	$0
Peter G Bullough M D (Trustee)	$48,000	$0	$0
David Ho Roth (Trustee)	$48,000	$0	$0
Todd Brockwell (Trustee)	$48,000	$0	$0
John B Adams Jr (Trustee)	$48,000	$0	$0

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990

Filed on May 23, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$2,042,381

Expenses

$4,293,920

Net Income

-$2,251,539

Net Assets

$58,358,141

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$349,353	17.1%
Bond Proceeds	$0
Royalties	$937,862	45.9%
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$709,398	34.7%
Net Inventory Sales	$0
Other Revenue	$45,768	2.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$348,000	8.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$71,484	1.7%

Assets/Debt
Total Assets	$58,358,141
Total Liabilities	$0
Net Assets	$58,358,141

Compensation

Key Employees and Officers	Compensation	Related	Other
James T Holland (Co Operating Trustee)	$78,000	$0	$0
Allan G Paterson (Co Operating Trustee)	$78,000	$0	$0
Peter G Bullough M D (Trustee)	$48,000	$0	$0
David Ho Roth (Trustee)	$48,000	$0	$0
Todd Brockwell (Trustee)	$48,000	$0	$0
John B Adams Jr (Trustee)	$48,000	$0	$0

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990

Filed on June 19, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$4,035,434

Expenses

$4,805,059

Net Income

-$769,625

Net Assets

$60,609,680

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$452,022	11.2%
Bond Proceeds	$0
Royalties	$1,466,155	36.3%
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,112,432	52.3%
Net Inventory Sales	$0
Other Revenue	$4,825	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$348,000	7.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$70,560	1.5%

Assets/Debt
Total Assets	$60,609,680
Total Liabilities	$0
Net Assets	$60,609,680

Compensation

Key Employees and Officers	Compensation	Related	Other
James T Holland (Co Op Trustee)	$78,000	$0	$0
Allan G Paterson (Co Op Trustee)	$78,000	$0	$0
Peter G Bullough M D (Trustee)	$48,000	$0	$0
David Ho Roth (Trustee)	$48,000	$0	$0
Todd Brockwell (Trustee)	$48,000	$0	$0
John B Adams Jr (Trustee)	$48,000	$0	$0

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990

Filed on May 31, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$5,708,868

Expenses

$6,199,092

Net Income

-$490,224

Net Assets

$61,379,305

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$713,014	12.5%
Bond Proceeds	$0
Royalties	$2,696,590	47.2%
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,280,793	40.0%
Net Inventory Sales	$0
Other Revenue	$18,471	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$314,968	5.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$67,200	1.1%

Assets/Debt
Total Assets	$61,379,305
Total Liabilities	$0
Net Assets	$61,379,305

Compensation

Key Employees and Officers	Compensation	Related	Other
James T Holland (Co Op Trustee)	$78,000	$0	$0
Allan G Paterson (Co Op Trustee)	$78,000	$0	$0
Peter G Bullough M D (Trustee)	$48,000	$0	$0
David Ho Roth (Trustee)	$48,000	$0	$0
Todd Brockwell (Trustee)	$31,484	$0	$0
John B Adams Jr (Trustee)	$31,484	$0	$0

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990

Filed on Aug. 25, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$5,495,566

Expenses

$5,423,812

Net Income

$71,754

Net Assets

$61,869,529

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$153,603	2.8%
Program Services	$0
Investment Income	$3,421,640	62.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,859,042	33.8%
Net Inventory Sales	$0
Other Revenue	$61,281	1.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$252,000	4.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$72,200	1.3%

Assets/Debt
Total Assets	$61,869,529
Total Liabilities	$0
Net Assets	$61,869,529

Compensation

Key Employees and Officers	Compensation	Related	Other
James T Holland (Co Op Trustee)	$78,000	$0	$0
Allan G Paterson (Co Op Trustee)	$78,000	$0	$0
Peter G Bullough M D (Trustee)	$48,000	$0	$0
David Ho Roth (Trustee)	$48,000	$0	$0

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990

Filed on Aug. 7, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$5,638,411

Expenses

$4,612,915

Net Income

$1,025,496

Net Assets

$61,797,775

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$2,609,695	46.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,018,457	53.5%
Net Inventory Sales	$0
Other Revenue	$10,259	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$370,000	8.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$88,340	1.9%

Assets/Debt
Total Assets	$61,797,775
Total Liabilities	$0
Net Assets	$61,797,775

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$6,226,315

Expenses

$4,121,795

Net Income

$2,104,520

Net Assets

$60,772,279

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$3,751,015	60.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,349,974	37.7%
Net Inventory Sales	$0
Other Revenue	$125,326	2.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$265,752	6.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$83,750	2.0%

Assets/Debt
Total Assets	$60,772,279
Total Liabilities	$0
Net Assets	$60,772,279

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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The Glass Glen Burnie Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $7.18M (2024)

Expenses $4.98M (2024)

Total Assets $51.6M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$7.18M (2024)

Expenses

$4.98M (2024)

Total Assets

$51.6M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001