Thomas W Bean Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Thomas W Bean Foundation is a 501(c)(3) organization based in Denver, Colorado, registered in 1990, with $1,071,072 in FY2024 revenue. CharityIndex grades it C.
2501 Bruce Randolph Ave, Denver, CO, 80205 EIN 74-2552296 Since 1990
Revenue (FY2024)
$1.1M
▲ 16.3% vs prior year
Expenses (FY2024)
$1.3M
Net assets
$1.8M
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 Thomas W Bean Foundation— 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 rating17 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 Thomas W Bean Foundation: 17 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 Thomas W Bean Foundation— 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 Thomas W Bean Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $650K (FY2014) to $1.1M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $390KNet assets $1.8M
Operating margin
-21.6%
Spent more than it raised in the latest fiscal year.
Total assets
$2.2M
Total liabilities
$390K
Net assets
$1.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,071,072▲16.3% | $1,302,930▲3.9% | $1,818,454▼11.3% | $2,208,438▼9.3% | 990PF |
| 2023 | $920,781▼0.2% | $1,253,762▲0.4% | $2,050,312▼14.0% | $2,434,323▼12.5% | 990PF |
| 2022 | $922,443▼63.4% | $1,248,678▼2.2% | $2,383,293▼12.0% | $2,781,747▼11.5% | 990PF |
| 2021 | $2,518,370▲254% | $1,277,295▲8.1% | $2,709,528▲84.5% | $3,142,987▲63.4% | 990PF |
| 2020 | $711,074▼3.4% | $1,181,674▲31.8% | $1,468,453▼24.3% | $1,923,841▼19.0% | 990PF |
| 2019 | $736,052▲5.2% | $896,596▲9.0% | $1,939,053▼7.6% | $2,375,984▼7.3% | 990PF |
| 2018 | $699,540▼54.4% | $822,793▼3.1% | $2,099,597▼5.5% | $2,564,452▼5.3% | 990PF |
| 2017 | $1,533,079▲132% | $849,420▲13.8% | $2,222,850▲44.4% | $2,707,434▲31.8% | 990PF |
| 2016 | $661,707▲8.0% | $746,560▲6.0% | $1,539,191▼5.2% | $2,054,674▼4.3% | 990PF |
| 2015 | $612,586▼5.7% | $704,197▲10.0% | $1,624,044▼5.3% | $2,147,905▼5.8% | 990PF |
| 2014 | $649,733 | $640,296 | $1,715,655 | $2,280,669 | 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 Thomas W Bean Foundation a legitimate nonprofit?
- Yes. Thomas W Bean Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-2552296, based in Denver, Colorado. Donations are tax-deductible.
- What is Thomas W Bean Foundation's EIN?
- Thomas W Bean Foundation's Employer Identification Number (EIN) is 74-2552296.
- How much revenue does Thomas W Bean Foundation report?
- Thomas W Bean Foundation reported $1,071,072 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Thomas W Bean Foundation have?
- CharityIndex grades Thomas W Bean Foundation C, based on financial health (reserves and operating margin).
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Data for Thomas W Bean Foundation (EIN 74-2552296) 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.