Naomi & Terence Thomas Foundation is a 501(c)(3) organization based in Phoenix, Arizona, registered in 2000, with $24,467 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$24K
▲ 224.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$4,618
Net assets
$298K
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 Naomi & Terence 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 Naomi & Terence Thomas Foundation: 775 mo reserves · +81% 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 Naomi & Terence 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 Naomi & Terence Thomas Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from -$8,615 (FY2013) to $24K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
81.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$298K
Total liabilities
$0
Net assets
$298K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $24,467▲224% | $4,618▼56.5% | $298,411▲12.8% | $298,411▲12.8% | 990PF |
| 2023 | $7,544▼56.2% | $10,616▲105% | $264,577▼1.1% | $264,577▼1.2% | 990PF |
| 2022 | $17,216▼40.8% | $5,184▼64.1% | $267,579▲3.0% | $267,657▲3.1% | 990PF |
| 2021 | $29,084▲1123% | $14,459▲30.6% | $259,660▲5.4% | $259,696▲5.3% | 990PF |
| 2020 | $2,379▼84.9% | $11,072▲117% | $246,439▼3.4% | $246,573▼5.2% | 990PF |
| 2019 | $15,738▲23.9% | $5,103▼97.9% | $255,158▲4.5% | $260,143▲6.5% | 990PF |
| 2018 | $12,705▲247% | $246,918▲1080% | $244,187▼36.7% | $244,187▼36.7% | 990PF |
| 2013 | -$8,615 | $20,917▼45.8% | $385,713▼9.7% | $385,713▼9.7% | 990PF |
| 2011 | — | $38,559 | $426,914 | $426,914 | 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 Naomi & Terence Thomas Foundation (EIN 86-0939931) 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.