Harold E and Phyllis S Thomas Foundation is a 501(c)(3) organization based in Boise, Idaho, registered in 1995, with $1,341,010 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$1.3M
▲ 171.8% vs prior year
Expenses (FY2024)
$1.8M
Net assets
$10.4M
Employees
—
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 Harold E and Phyllis S Thomas Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Harold E and Phyllis S Thomas Foundation: 71 mo reserves · -31% margin earns a D on this criterion. See the exact thresholds →
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 Harold E and Phyllis S Thomas Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Harold E and Phyllis S Thomas Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from -$470K (FY2014) to $1.3M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-30.6%
Spent more than it raised in the latest fiscal year.
Total assets
$10.4M
Total liabilities
$989
Net assets
$10.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,341,010▲172% | $1,750,999▲17.3% | $10,411,650▲13.3% | $10,412,639▲13.3% | 990PF |
| 2023 | $493,414▼82.0% | $1,492,824▼9.3% | $9,190,428▲9.6% | $9,190,151▲9.6% | 990PF |
| 2022 | $2,740,607▼1.2% | $1,646,081▲9.8% | $8,386,290▼11.4% | $8,385,991▼11.4% | 990PF |
| 2021 | $2,775,209▲243% | $1,498,907▲58.2% | $9,470,267▲34.1% | $9,470,217▲34.1% | 990PF |
| 2020 | $809,319▲32.1% | $947,220▼23.9% | $7,060,560▲5.2% | $7,061,760▲5.2% | 990PF |
| 2019 | $612,685▲119% | $1,245,245▲7.5% | $6,710,564▼1.2% | $6,710,037▼1.2% | 990PF |
| 2018 | $280,359▼84.9% | $1,158,781▲2.6% | $6,792,601▼18.2% | $6,793,258▼18.2% | 990PF |
| 2017 | $1,860,178▲5.3% | $1,129,711▼29.5% | $8,299,721▲22.5% | $8,301,037▲22.5% | 990PF |
| 2016 | $1,766,360▲248% | $1,602,207▼9.2% | $6,773,870▲2.5% | $6,775,260▲2.5% | 990PF |
| 2015 | -$1,195,113▼154% | $1,764,502▲7.8% | $6,609,915▼30.9% | $6,610,080▼30.9% | 990PF |
| 2014 | -$469,999 | $1,636,097 | $9,569,630 | $9,569,811 | 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.
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Data for Harold E and Phyllis S Thomas Foundation (EIN 82-0477243) 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.