Thornton Foundation Delaware
EIN: 844212818 · San Marino, CA · NTEE: T20
Is Thornton Foundation Delaware Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thornton Foundation Delaware
Thornton Foundation Delaware (EIN: 844212818) is a nonprofit organization based in San Marino, CA, classified under NTEE code T20. The organization reported total revenue of $68.0M and total assets of $92.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thornton Foundation Delaware's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thornton Foundation Delaware is a major nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 2720.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $633K |
| Total Expenses | $3.7M |
| Surplus / Deficit | $-3,100,350 |
| Total Assets | $63.2M |
| Total Liabilities | $1 |
| Net Assets | $63.2M |
| Operating Margin | -489.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 203.2 months |
Financial Health Grade: B
In 2023, Thornton Foundation Delaware reported a deficit of $3.1M with expenses exceeding revenue, holds 203.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Thornton Foundation Delaware's revenue has grown at a compound annual growth rate (CAGR) of 2720.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -89.5% | -8.0% | -1.8% |
| 2022 | -58.8% | +33.8% | +0.6% |
| 2021 | +32906.5% | — | +21.1% |
| 2020 | +4447500.0% | — | +5286666800.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thornton Foundation Delaware 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 Thornton Foundation Delaware 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 $3.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Thornton Foundation Delaware
Is Thornton Foundation Delaware a legitimate charity?
Based on AI analysis of IRS 990 filings, Thornton Foundation Delaware (EIN: 844212818) insufficient data. 0 red flags identified, 0 strengths noted.
How does Thornton Foundation Delaware spend its money?
Detailed spending breakdown data is not yet available for Thornton Foundation Delaware. Check back for updated IRS 990 analysis.
Are donations to Thornton Foundation Delaware tax-deductible?
Thornton Foundation Delaware is registered as a tax-exempt nonprofit (EIN: 844212818). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Thornton Foundation Delaware showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Thornton Foundation Delaware's revenue has grown by 63284500%, moving from $1 to $633K. Total assets increased by 6322895800% over the same period, from $1 to $63.2M. In its most recent filing year (2023), Thornton Foundation Delaware reported a deficit of $3.1M, with expenses exceeding revenue. The organization holds $1 in liabilities against $63.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $63.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $633K | $3.7M | $63.2M | $1 | — | — |
| 2022 | $6.1M | $4.1M | $64.4M | $1 | — | View 990 |
| 2021 | $14.7M | $3.0M | $64.0M | $1 | — | View 990 |
| 2020 | $44K | $0 | $52.9M | $1 | — | — |
| 2019 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $633K, expenses of $3.7M, and assets of $63.2M (revenue -89.5% year-over-year).
- 2022: Revenue of $6.1M, expenses of $4.1M, and assets of $64.4M (revenue -58.8% year-over-year).
- 2021: Revenue of $14.7M, expenses of $3.0M, and assets of $64.0M (revenue +32906.5% year-over-year).
- 2020: Revenue of $44K, expenses of $0, and assets of $52.9M (revenue +4447500.0% year-over-year).
- 2019: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thornton Foundation Delaware:
Data Sources and Methodology
This transparency report for Thornton Foundation Delaware 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.