James W Thornton Family Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
James W Thornton Family Foundation is a 501(c)(3) organization based in Michigan City, Indiana, registered in 1987, with $15,952 in FY2024 revenue. CharityIndex grades it C+.
19 Karwick Glen Dr, Michigan City, IN, 46360 EIN 37-1221883 Since 1987
Revenue (FY2024)
$16K
▲ 86.3% vs prior year
Expenses (FY2024)
$10K
Net assets
$148K
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 James W Thornton Family Foundation— 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 rating174 mo reserves · +36% 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 James W Thornton Family Foundation: 174 mo reserves · +36% 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 James W Thornton Family Foundation— 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 James W Thornton Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 19 Karwick Glen Dr, Michigan City, IN, 46360
- City
- Michigan City
- State
- Indiana
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $14K (FY2013) to $16K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $148K
Operating margin
35.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$148K
Total liabilities
$0
Net assets
$148K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $15,952▲86.3% | $10,233▲8.5% | $148,296▲4.0% | $148,296▲4.0% | 990PF |
| 2023 | $8,562▲122% | $9,427▼6.5% | $142,577▼0.6% | $142,577▼0.6% | 990PF |
| 2022 | $3,853▼67.1% | $10,081▼5.2% | $143,441▼4.2% | $143,441▼4.2% | 990PF |
| 2021 | $11,719▲112% | $10,639▼1.2% | $149,669▲0.7% | $149,669▲0.7% | 990PF |
| 2020 | $5,539▼23.2% | $10,763▲2.5% | $148,589▼3.4% | $148,589▼3.4% | 990PF |
| 2019 | $7,208▼16.2% | $10,498▼9.3% | $153,812▼2.3% | $153,812▼2.3% | 990PF |
| 2018 | $8,605▼26.4% | $11,574▲7.5% | $157,467▼1.6% | $157,467▼1.6% | 990PF |
| 2017 | $11,694▲67.6% | $10,768▼2.0% | $160,072▲0.2% | $160,072▲0.2% | 990PF |
| 2016 | $6,977▲15.8% | $10,987▼2.7% | $159,771▼2.1% | $159,771▼2.1% | 990PF |
| 2015 | $6,025▼44.0% | $11,297▲9.6% | $163,225▼3.1% | $163,225▼3.1% | 990PF |
| 2014 | $10,763▼22.7% | $10,308▼5.7% | $168,502▲0.3% | $168,502▲0.3% | 990PF |
| 2013 | $13,915 | $10,931▲14.0% | $168,047▲1.8% | $168,047▲1.8% | 990PF |
| 2012 | — | $9,587▼0.2% | $165,063▲0.3% | $165,063▲0.3% | 990PF |
| 2011 | — | $9,610 | $164,624 | $164,624 | 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 James W Thornton Family Foundation a legitimate nonprofit?
- Yes. James W Thornton Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-1221883, based in Michigan City, Indiana. Donations are tax-deductible.
- What is James W Thornton Family Foundation's EIN?
- James W Thornton Family Foundation's Employer Identification Number (EIN) is 37-1221883.
- How much revenue does James W Thornton Family Foundation report?
- James W Thornton Family Foundation reported $15,952 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does James W Thornton Family Foundation have?
- CharityIndex grades James W Thornton Family Foundation C+, based on financial health (reserves and operating margin).
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Data for James W Thornton Family Foundation (EIN 37-1221883) 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.