Albert L and Ivy B Thomas Educational Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Albert L and Ivy B Thomas Educational Fund is a 501(c)(3) organization based in Milwaukee, Wisconsin, registered in 1989, with $63,549 in FY2024 revenue. CharityIndex grades it C+.
Po Box 634, Milwaukee, WI, 53201 EIN 93-6196091 Since 1989
Revenue (FY2024)
$64K
▲ 45.2% vs prior year
Expenses (FY2024)
$70K
Net assets
$691K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Albert L and Ivy B Thomas Educational Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating119 mo reserves · -9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Albert L and Ivy B Thomas Educational Fund: 119 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Albert L and Ivy B Thomas Educational Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Albert L and Ivy B Thomas Educational Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $33K (FY2013) to $64K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $691K
Operating margin
-9.5%
Spent more than it raised in the latest fiscal year.
Total assets
$691K
Total liabilities
$0
Net assets
$691K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $63,549▲45.2% | $69,559▼0.6% | $691,274▼0.3% | $691,274▼0.3% | 990PF |
| 2023 | $43,775▲14.3% | $69,952▼19.7% | $693,633▼3.7% | $693,633▼3.7% | 990PF |
| 2022 | $38,299▼48.3% | $87,107▲7.8% | $720,065▼6.0% | $720,065▼6.0% | 990PF |
| 2021 | $74,078▲533% | $80,799▼2.0% | $766,411▼0.2% | $766,411▼0.2% | 990PF |
| 2020 | $11,702▼76.5% | $82,429▲1.9% | $767,632▼8.4% | $767,632▼8.4% | 990PF |
| 2019 | $49,728▼15.1% | $80,885▲1.1% | $838,483▼3.6% | $838,483▼3.6% | 990PF |
| 2018 | $58,583▼8.9% | $79,980▼3.8% | $869,634▼2.4% | $869,634▼2.4% | 990PF |
| 2017 | $64,326▲61.7% | $83,157▼0.2% | $891,030▼2.1% | $891,030▼2.1% | 990PF |
| 2016 | $39,782▼53.0% | $83,305▼2.0% | $909,860▼4.6% | $909,860▼4.6% | 990PF |
| 2015 | $84,614▲17.5% | $85,018▲8.6% | $953,813 | $953,813 | 990PF |
| 2014 | $72,019▲118% | $78,309▼13.3% | $954,214▲0.3% | $954,214▲0.3% | 990PF |
| 2013 | $32,996 | $90,365▼8.7% | $951,743▼5.3% | $951,743▼5.3% | 990PF |
| 2012 | — | $99,006▲41.8% | $1,005,438▲1.5% | $1,005,438▲1.5% | 990PF |
| 2011 | — | $69,826▲33.5% | $990,872▼1.6% | $990,872▼1.6% | 990PF |
| 2010 | — | $52,306 | $1,006,989 | $1,006,989 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Albert L and Ivy B Thomas Educational Fund a legitimate nonprofit?
- Yes. Albert L and Ivy B Thomas Educational Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 93-6196091, based in Milwaukee, Wisconsin. Donations are tax-deductible.
- What is Albert L and Ivy B Thomas Educational Fund's EIN?
- Albert L and Ivy B Thomas Educational Fund's Employer Identification Number (EIN) is 93-6196091.
- How much revenue does Albert L and Ivy B Thomas Educational Fund report?
- Albert L and Ivy B Thomas Educational Fund reported $63,549 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Albert L and Ivy B Thomas Educational Fund have?
- CharityIndex grades Albert L and Ivy B Thomas Educational Fund C+, based on financial health (reserves and operating margin).
More nonprofits in Milwaukee
Explore more
Data for Albert L and Ivy B Thomas Educational Fund (EIN 93-6196091) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.