Jon L And Beverly A Thompson Foundation
Jon L And Beverly A Thompson Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 204863679 · Dallas, TX · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $2.7M |
| Program Spending | 90% |
| Net Assets | $15.4M |
| Transparency Score | 85/100 |
Is Jon L And Beverly A Thompson Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jon L And Beverly A Thompson Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jon L And Beverly A Thompson Foundation
Jon L And Beverly A Thompson Foundation (EIN: 204863679) is a nonprofit organization based in Dallas, TX, classified under NTEE code T22. The organization reported total revenue of $3.8M and total assets of $15.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jon L And Beverly A Thompson Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jon L And Beverly A Thompson Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-1,541,519 |
| Total Assets | $15.4M |
| Total Liabilities | $1 |
| Net Assets | $15.4M |
| Operating Margin | -138.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 69.3 months |
Financial Health Grade: B
In 2023, Jon L And Beverly A Thompson Foundation reported a deficit of $1.5M with expenses exceeding revenue, holds 69.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Jon L And Beverly A Thompson Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.7% | -74.1% | -9.1% |
| 2022 | -92.6% | +556.8% | -16.8% |
| 2021 | +2873.7% | +52.0% | +176.8% |
| 2020 | +3.0% | -59.4% | -4.5% |
| 2019 | -65.7% | +18.5% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jon L And Beverly A Thompson Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Jon L And Beverly A Thompson Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to charitable activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Jon L And Beverly A Thompson Foundation's IRS 990 filings:
- 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
The following positive indicators were identified for Jon L And Beverly A Thompson Foundation:
- 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.
Frequently Asked Questions about Jon L And Beverly A Thompson Foundation
Is Jon L And Beverly A Thompson Foundation a legitimate charity?
Jon L And Beverly A Thompson Foundation (EIN: 204863679) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.8M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Jon L And Beverly A Thompson Foundation spend its money?
Jon L And Beverly A Thompson Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Jon L And Beverly A Thompson Foundation tax-deductible?
Jon L And Beverly A Thompson Foundation is registered as a tax-exempt nonprofit (EIN: 204863679). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Jon L And Beverly A Thompson Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Jon L And Beverly A Thompson Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jon L And Beverly A Thompson Foundation located?
Jon L And Beverly A Thompson Foundation is headquartered in Dallas, Texas and files with the IRS under EIN 204863679. It is classified under NTEE code T22.
How many years of IRS 990 filings does Jon L And Beverly A Thompson Foundation have?
Jon L And Beverly A Thompson Foundation has 10 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 $3.8M in total revenue.
Is the Jon L And Beverly A Thompson Foundation a good charity?
Based on the provided data, the foundation exhibits strong financial health with growing assets ($15,363,037 in 2023) and minimal liabilities. The consistent reporting of 0% officer compensation is a significant positive, suggesting a high dedication of resources to its mission. However, without detailed program expense breakdowns, a full assessment of its impact efficiency is limited.
How does the foundation manage its administrative costs?
The foundation appears to manage administrative costs very efficiently, particularly by reporting 0% officer compensation across all filings. This indicates that executive salaries are not a drain on resources, allowing more funds to be allocated to its charitable purpose. Further detail on other administrative expenses would provide a more complete picture.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend over the decade, increasing from $5,763,530 in 2011 to $15,363,037 in 2023, with a peak of $20,304,764 in 2021. This indicates effective asset management and growth, providing a solid base for future grantmaking.
Filing History
IRS 990 filing history for Jon L And Beverly A Thompson Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jon L And Beverly A Thompson Foundation's revenue has declined by 67%, moving from $3.4M to $1.1M. Total assets increased by 166.6% over the same period, from $5.8M to $15.4M. Total functional expenses rose by 582.9%, from $389K to $2.7M. In its most recent filing year (2023), Jon L And Beverly A Thompson Foundation reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $1 in liabilities against $15.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $15.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $2.7M | $15.4M | $1 | — | View 990 |
| 2022 | $1.5M | $10.3M | $16.9M | $1 | — | View 990 |
| 2021 | $20.5M | $1.6M | $20.3M | $1 | — | — |
| 2020 | $691K | $1.0M | $7.3M | $1 | — | View 990 |
| 2019 | $671K | $2.5M | $7.7M | $0 | — | View 990 |
| 2015 | $2.0M | $2.1M | $7.2M | $0 | — | View 990 |
| 2014 | $2.9M | $2.0M | $7.9M | $0 | — | View 990 |
| 2013 | $2.2M | $813K | $7.6M | $0 | — | View 990 |
| 2012 | $2.4M | $607K | $6.8M | $0 | — | View 990 |
| 2011 | $3.4M | $389K | $5.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $2.7M, and assets of $15.4M (revenue -26.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $10.3M, and assets of $16.9M (revenue -92.6% year-over-year).
- 2021: Revenue of $20.5M, expenses of $1.6M, and assets of $20.3M (revenue +2873.7% year-over-year).
- 2020: Revenue of $691K, expenses of $1.0M, and assets of $7.3M (revenue +3.0% year-over-year).
- 2019: Revenue of $671K, expenses of $2.5M, and assets of $7.7M (revenue -65.7% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.1M, and assets of $7.2M (revenue -32.0% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.0M, and assets of $7.9M (revenue +33.3% year-over-year).
- 2013: Revenue of $2.2M, expenses of $813K, and assets of $7.6M (revenue -10.5% year-over-year).
- 2012: Revenue of $2.4M, expenses of $607K, and assets of $6.8M (revenue -28.7% year-over-year).
- 2011: Revenue of $3.4M, expenses of $389K, and assets of $5.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jon L And Beverly A Thompson Foundation:
Data Sources and Methodology
This transparency report for Jon L And Beverly A Thompson 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.