Quick charity verification for Jon L And Beverly A Thompson Foundation (EIN: 204863679)
Verdict: Jon L And Beverly A Thompson Foundation appears trustworthy
85/100Mission Score
$3.8MRevenue
$15.2MAssets
1Red Flags
4Strengths
Red Flags
Significant year-to-year revenue volatility (e.g., $20.5M in 2021 vs. $1.1M in 2023), which could impact consistent grantmaking capacity if not managed with reserves.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in executive overhead.
Strong and growing asset base, increasing from $5.7M in 2011 to $15.3M in 2023, providing long-term financial stability.
Minimal liabilities across all reported periods, demonstrating sound financial management and low debt risk.
Consistent IRS 990 filing history over a decade, indicating good compliance and transparency.
Spending Breakdown
How Jon L And Beverly A Thompson Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Jon L And Beverly A Thompson Foundation
Is Jon L And Beverly A Thompson Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jon L And Beverly A Thompson Foundation (EIN: 204863679) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Jon L And Beverly A Thompson Foundation a good charity to donate to?
Jon L And Beverly A Thompson Foundation has a Mission Score of 85/100. Revenue: $3.8M. Assets: $15.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Jon L And Beverly A Thompson Foundation?
The Employer Identification Number (EIN) for Jon L And Beverly A Thompson Foundation is 204863679. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Jon L And Beverly A Thompson Foundation spend its money?
Jon L And Beverly A Thompson Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Jon L And Beverly A Thompson Foundation's tax-exempt status?
You can verify Jon L And Beverly A Thompson Foundation's tax-exempt status using EIN 204863679 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Jon L And Beverly A Thompson Foundation demonstrates a fluctuating financial profile, typical of a private foundation primarily engaged in grantmaking. Over the past decade, its revenue has varied significantly, from a low of $670,910 in 2019 to a high of $20,540,819 in 2021. This volatility is common for foundations whose income may be tied to investment performance or large, infrequent contributions. The foundation consistently reports minimal liabilities, often just $1, indicating strong financial stability and a low risk of debt. Its assets have grown substantially over the decade, from $5,763,530 in 2011 to $15,363,037 in 2023, reflecting effective asset management.
Spending efficiency, particularly program spending, is a key indicator for foundations. While specific program spending percentages are not directly provided in the summary data, the foundation consistently reports zero officer compensation across all filings, which is a strong positive for efficiency and transparency. This suggests that administrative costs related to executive salaries are either non-existent or covered by other means, allowing more funds to be directed towards its mission. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging.
Transparency is generally good given the consistent filing of IRS Form 990s over a decade. The absence of officer compensation is a notable positive for transparency, as it eliminates a common area of concern for donors. To further enhance transparency, the foundation could provide more detailed breakdowns of its expenses, particularly distinguishing between grants paid (program service accomplishments) and other administrative costs. Overall, the foundation appears financially sound with a strong asset base and a commitment to minimizing executive compensation.