Thomas Frank Thatcher Foundation
EIN: 464013288 · Salt Lake Cty, UT · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $202K |
| Total Expenses | $321K |
| Net Assets | $574K |
Is Thomas Frank Thatcher Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thomas Frank Thatcher Foundation
Thomas Frank Thatcher Foundation (EIN: 464013288) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code T20. The organization reported total revenue of $202K and total assets of $505K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thomas Frank Thatcher Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thomas Frank Thatcher Foundation is a small nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -17.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $93K |
| Total Expenses | $321K |
| Surplus / Deficit | $-228,207 |
| Total Assets | $589K |
| Total Liabilities | $15K |
| Net Assets | $574K |
| Operating Margin | -245.5% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 22.0 months |
Financial Health Grade: B
In 2023, Thomas Frank Thatcher Foundation reported a deficit of $228K with expenses exceeding revenue, holds 22.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 8 years of filings (2013–2023), Thomas Frank Thatcher Foundation's revenue has declined at a compound annual growth rate (CAGR) of -17.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +69.4% | +195.3% | -27.7% |
| 2022 | +12.3% | +24.9% | -5.7% |
| 2021 | -42.0% | +38.2% | -3.6% |
| 2020 | +35.9% | -56.1% | -2.7% |
| 2019 | -68.3% | +122.9% | +25.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thomas Frank Thatcher 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 Thomas Frank Thatcher 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 deficit of $228K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Frequently Asked Questions about Thomas Frank Thatcher Foundation
Is Thomas Frank Thatcher Foundation a legitimate charity?
Thomas Frank Thatcher Foundation (EIN: 464013288) is a registered tax-exempt nonprofit based in Utah. It has 8 years of IRS 990 filings on record. Total revenue: $202K. No red flags identified. Financial health grade: B.
How does Thomas Frank Thatcher Foundation spend its money?
Thomas Frank Thatcher Foundation reported $202K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Thomas Frank Thatcher Foundation tax-deductible?
Thomas Frank Thatcher Foundation is registered as a tax-exempt nonprofit (EIN: 464013288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Thomas Frank Thatcher Foundation located?
Thomas Frank Thatcher Foundation is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 464013288. It is classified under NTEE code T20.
How many years of IRS 990 filings does Thomas Frank Thatcher Foundation have?
Thomas Frank Thatcher Foundation has 8 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 $202K in total revenue.
Filing History
IRS 990 filing history for Thomas Frank Thatcher Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2023), Thomas Frank Thatcher Foundation's revenue has declined by 84.5%, moving from $600K to $93K. Total assets decreased by 1.8% over the same period, from $600K to $589K. In its most recent filing year (2023), Thomas Frank Thatcher Foundation reported a deficit of $228K, with expenses exceeding revenue. The organization holds $15K in liabilities against $589K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $574K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $93K | $321K | $589K | $15K | — | — |
| 2022 | $55K | $109K | $815K | $13K | — | View 990 |
| 2021 | $49K | $87K | $864K | $11K | — | View 990 |
| 2020 | $84K | $63K | $897K | $10K | — | View 990 |
| 2019 | $62K | $144K | $921K | $7K | — | View 990 |
| 2015 | $195K | $64K | $733K | $1 | — | View 990 |
| 2014 | $16K | $103K | $530K | $1 | — | View 990 |
| 2013 | $600K | $0 | $600K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $93K, expenses of $321K, and assets of $589K (revenue +69.4% year-over-year).
- 2022: Revenue of $55K, expenses of $109K, and assets of $815K (revenue +12.3% year-over-year).
- 2021: Revenue of $49K, expenses of $87K, and assets of $864K (revenue -42.0% year-over-year).
- 2020: Revenue of $84K, expenses of $63K, and assets of $897K (revenue +35.9% year-over-year).
- 2019: Revenue of $62K, expenses of $144K, and assets of $921K (revenue -68.3% year-over-year).
- 2015: Revenue of $195K, expenses of $64K, and assets of $733K (revenue +1097.4% year-over-year).
- 2014: Revenue of $16K, expenses of $103K, and assets of $530K (revenue -97.3% year-over-year).
- 2013: Revenue of $600K, expenses of $0, and assets of $600K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thomas Frank Thatcher Foundation:
Data Sources and Methodology
This transparency report for Thomas Frank Thatcher 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.