L & G Thomas Family Foundation is a 501(c)(3) organization based in Thousand Oaks, California, registered in 1998, with $51,812 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$52K
▼ 19.4% vs prior year
Expenses (FY2024)
$42K
Net assets
$460K
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 L & G Thomas 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 →
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 L & G Thomas Family Foundation: 131 mo reserves · +19% margin earns a B+ 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 L & G Thomas 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 →
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 L & G Thomas Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $49K (FY2016) to $52K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
18.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$460K
Total liabilities
$0
Net assets
$460K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $51,812▼19.4% | $42,204▲10.5% | $459,759▲2.1% | $459,759▲2.1% | 990PF |
| 2023 | $64,256▼2.8% | $38,177▼36.4% | $450,151▲6.1% | $450,151▲6.1% | 990PF |
| 2022 | $66,089▲2.7% | $60,030▼26.8% | $424,072▲1.4% | $424,072▲1.4% | 990PF |
| 2021 | $64,380▼5.4% | $81,969▼12.5% | $418,013▼4.0% | $418,013▼4.0% | 990PF |
| 2020 | $68,053▼2.3% | $93,730▲91.1% | $435,602▼7.4% | $435,602▼7.4% | 990PF |
| 2017 | $69,624▲42.8% | $49,057▲28.7% | $470,402▲4.6% | $470,402▲4.6% | 990PF |
| 2016 | $48,752 | $38,104 | $449,835 | $449,835 | 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 L & G Thomas Family Foundation (EIN 95-4663947) 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.