T H A T Foundation is a 501(c)(3) organization based in Wellsboro, Pennsylvania, registered in 1997, with $6,732 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$6,732
▲ 21.1% vs prior year
Education median: $200K
Expenses (FY2024)
$11K
Net assets
$213K
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 T H A T 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 T H A T Foundation: 238 mo reserves · -59% margin earns a F 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 T H A T 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 T H A T Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $16K (FY2020) to $6,732 (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-59.3%
Spent more than it raised in the latest fiscal year.
Total assets
$213K
Total liabilities
$0
Net assets
$213K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,732▲21.1% | $10,722▼33.2% | $213,048▲3.0% | $213,048▲3.0% | 990PF |
| 2023 | $5,560▲12.2% | $16,039▼11.8% | $206,837▲3.9% | $206,837▲3.9% | 990PF |
| 2022 | $4,956▼61.9% | $18,181▲84.2% | $199,097▼20.4% | $199,097▼20.4% | 990PF |
| 2021 | $13,019▼16.0% | $9,872▼29.3% | $250,218▲0.2% | $250,218▲0.2% | 990PF |
| 2020 | $15,502 | $13,970 | $249,806 | $249,806 | 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 T H A T Foundation (EIN 84-1361957) 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.