Don And Barbara Thornton Family Foundation
EIN: 461592563 · Tulsa, OK · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $718K |
| Total Expenses | $94K |
| Net Assets | $793K |
Is Don And Barbara Thornton Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Don And Barbara Thornton Family Foundation
Don And Barbara Thornton Family Foundation (EIN: 461592563) is a nonprofit organization based in Tulsa, OK, classified under NTEE code T22. The organization reported total revenue of $718K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Don And Barbara Thornton Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Don And Barbara Thornton Family Foundation is a small nonprofit that has been operating for 13 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $127K |
| Total Expenses | $94K |
| Surplus / Deficit | +$33K |
| Total Assets | $793K |
| Total Liabilities | $1 |
| Net Assets | $793K |
| Operating Margin | 26.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 101.6 months |
Financial Health Grade: A
In 2023, Don And Barbara Thornton Family Foundation reported a surplus of $33K with revenue exceeding expenses, holds 101.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Don And Barbara Thornton Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.3% | +65.6% | +4.3% |
| 2022 | -21.7% | +4.7% | +9.0% |
| 2021 | +340.1% | -11.5% | +16.4% |
| 2020 | +81.3% | +38.6% | -4.2% |
| 2019 | +69.0% | +91.7% | +30.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Don And Barbara Thornton Family Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Don And Barbara Thornton Family Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Don And Barbara Thornton Family Foundation
Is Don And Barbara Thornton Family Foundation a legitimate charity?
Don And Barbara Thornton Family Foundation (EIN: 461592563) is a registered tax-exempt nonprofit based in Oklahoma. It has 9 years of IRS 990 filings on record. Total revenue: $718K. No red flags identified. Financial health grade: A.
How does Don And Barbara Thornton Family Foundation spend its money?
Don And Barbara Thornton Family Foundation reported $718K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Don And Barbara Thornton Family Foundation tax-deductible?
Don And Barbara Thornton Family Foundation is registered as a tax-exempt nonprofit (EIN: 461592563). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Don And Barbara Thornton Family Foundation located?
Don And Barbara Thornton Family Foundation is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 461592563. It is classified under NTEE code T22.
How many years of IRS 990 filings does Don And Barbara Thornton Family Foundation have?
Don And Barbara Thornton Family Foundation has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $718K in total revenue.
Filing History
IRS 990 filing history for Don And Barbara Thornton Family Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Don And Barbara Thornton Family Foundation's revenue has declined by 74.7%, moving from $501K to $127K. Total assets increased by 58.6% over the same period, from $500K to $793K. Total functional expenses rose by 9274.7%, from $1K to $94K. In its most recent filing year (2023), Don And Barbara Thornton Family Foundation reported a surplus of $33K, with revenue exceeding expenses. The organization holds $1 in liabilities against $793K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $793K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $127K | $94K | $793K | $1 | — | View 990 |
| 2022 | $119K | $57K | $760K | $1 | — | View 990 |
| 2021 | $152K | $54K | $698K | $1 | — | View 990 |
| 2020 | $35K | $61K | $599K | $1 | — | — |
| 2019 | $19K | $44K | $625K | $1 | — | View 990 |
| 2015 | $11K | $23K | $480K | $1 | — | View 990 |
| 2014 | $25K | $17K | $492K | $0 | — | View 990 |
| 2013 | $11K | $27K | $483K | $0 | — | View 990 |
| 2012 | $501K | $1K | $500K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $127K, expenses of $94K, and assets of $793K (revenue +6.3% year-over-year).
- 2022: Revenue of $119K, expenses of $57K, and assets of $760K (revenue -21.7% year-over-year).
- 2021: Revenue of $152K, expenses of $54K, and assets of $698K (revenue +340.1% year-over-year).
- 2020: Revenue of $35K, expenses of $61K, and assets of $599K (revenue +81.3% year-over-year).
- 2019: Revenue of $19K, expenses of $44K, and assets of $625K (revenue +69.0% year-over-year).
- 2015: Revenue of $11K, expenses of $23K, and assets of $480K (revenue -55.4% year-over-year).
- 2014: Revenue of $25K, expenses of $17K, and assets of $492K (revenue +132.3% year-over-year).
- 2013: Revenue of $11K, expenses of $27K, and assets of $483K (revenue -97.8% year-over-year).
- 2012: Revenue of $501K, expenses of $1K, and assets of $500K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Don And Barbara Thornton Family Foundation:
Data Sources and Methodology
This transparency report for Don And Barbara Thornton Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.