Morton G & Nancy P Thalhimer Foundation is a 501(c)(3) organization based in Glen Allen, Virginia, registered in 1962, with $1,721,823 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.7M
▲ 1826.3% vs prior year
Expenses (FY2024)
$72K
Net assets
$2.2M
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 Morton G & Nancy P Thalhimer 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 Morton G & Nancy P Thalhimer Foundation: 366 mo reserves · +96% 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 Morton G & Nancy P Thalhimer 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 Morton G & Nancy P Thalhimer Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $68K (FY2016) to $1.7M (FY2024) across 9 reported years.
Financial snapshot
Operating margin
95.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.2M
Total liabilities
$0
Net assets
$2.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,721,823▲1826% | $71,645▼4.3% | $2,186,390▲308% | $2,186,390▲308% | 990PF |
| 2023 | $89,386▲65.8% | $74,845▼30.2% | $536,212▲2.0% | $536,212▲2.0% | 990PF |
| 2022 | $53,903▼50.8% | $107,200▼25.3% | $525,472▼9.5% | $525,472▼9.5% | 990PF |
| 2021 | $109,648▲2251% | $143,475▲72.4% | $580,315▼12.0% | $580,315▼12.0% | 990PF |
| 2020 | -$5,097▼107% | $83,232▲8.4% | $659,715▼12.4% | $659,715▼12.4% | 990PF |
| 2019 | $76,409▲19.3% | $76,815▲18.4% | $753,158▲0.6% | $753,158▲0.6% | 990PF |
| 2018 | $64,064▲91.3% | $64,893▼6.1% | $748,970▼0.1% | $748,970▼0.1% | 990PF |
| 2017 | $33,485▼50.4% | $69,120▲20.1% | $749,799▼4.5% | $749,799▼4.5% | 990PF |
| 2016 | $67,541 | $57,548 | $785,434 | $785,434 | 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 Morton G & Nancy P Thalhimer Foundation (EIN 54-6042097) 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.