Otis A Thompson Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Otis A Thompson Foundation Inc is a 501(c)(3) organization based in Norwich, New York, registered in 1965, with $79,436 in FY2024 revenue. CharityIndex grades it C.
C/o Nbt Bank Na 52 S Broad St, Norwich, NY, 13815 EIN 16-6046540 Since 1965
Revenue (FY2024)
$79K
▲ 17.2% vs prior year
Expenses (FY2024)
$97K
Net assets
$1.5M
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 Otis A Thompson Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating189 mo reserves · -22% 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 Otis A Thompson Foundation Inc: 189 mo reserves · -22% margin earns a C+ 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 Otis A Thompson Foundation Inc— 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 Otis A Thompson Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue declined from $139K (FY2013) to $79K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.5M
Operating margin
-21.5%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $79,436▲17.2% | $96,515▼4.9% | $1,519,625▼1.1% | $1,519,625▼1.1% | 990PF |
| 2023 | $67,803▲5.3% | $101,487▼6.8% | $1,536,818▼2.1% | $1,536,818▼2.1% | 990PF |
| 2022 | $64,376▼41.6% | $108,924▲20.5% | $1,570,416▼2.8% | $1,570,416▼2.8% | 990PF |
| 2021 | $110,231▲734% | $90,414▼9.0% | $1,615,119▲1.2% | $1,615,119▲1.2% | 990PF |
| 2020 | $13,223▼88.4% | $99,361▼3.2% | $1,595,743▼5.2% | $1,595,743▼5.2% | 990PF |
| 2019 | $113,596▲6.6% | $102,621▼4.2% | $1,683,026▲0.7% | $1,683,026▲0.7% | 990PF |
| 2018 | $106,575▼10.9% | $107,124▼20.2% | $1,671,771▼1.9% | $1,671,771▼1.9% | 990PF |
| 2015 | $119,606▼79.2% | $134,243▲33.1% | $1,703,367▼0.8% | $1,703,367▼0.8% | 990PF |
| 2014 | $575,752▲313% | $100,892▲4.5% | $1,717,797▲38.2% | $1,717,797▲38.2% | 990PF |
| 2013 | $139,358 | $96,550▲3.9% | $1,242,937▲3.6% | $1,242,937▲3.6% | 990PF |
| 2012 | — | $92,949▲4.8% | $1,200,129▼1.0% | $1,200,129▼1.0% | 990PF |
| 2011 | — | $88,670 | $1,212,357 | $1,212,357 | 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 Otis A Thompson Foundation Inc a legitimate nonprofit?
- Yes. Otis A Thompson Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-6046540, based in Norwich, New York. Donations are tax-deductible.
- What is Otis A Thompson Foundation Inc's EIN?
- Otis A Thompson Foundation Inc's Employer Identification Number (EIN) is 16-6046540.
- How much revenue does Otis A Thompson Foundation Inc report?
- Otis A Thompson Foundation Inc reported $79,436 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Otis A Thompson Foundation Inc have?
- CharityIndex grades Otis A Thompson Foundation Inc C, based on financial health (reserves and operating margin).
More nonprofits in Norwich
Explore more
Data for Otis A Thompson Foundation Inc (EIN 16-6046540) 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.