William S Thomas Trust Nect is a 501(c)(92) organization based in Dallas, Texas, registered in 1970, with $97,733 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$98K
▲ 7.1% vs prior year
Expenses (FY2025)
$67K
Net assets
$908K
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 William S Thomas Trust Nect— 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 William S Thomas Trust Nect: 162 mo reserves · +31% 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 William S Thomas Trust Nect— 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 William S Thomas Trust Nect: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $72K (FY2020) to $98K (FY2025) across 6 reported years.
Financial snapshot
Operating margin
31.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$908K
Total liabilities
$0
Net assets
$908K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $97,733▲7.1% | $67,156▲11.7% | $908,175▲3.5% | $908,175▲3.5% | 990PF |
| 2024 | $91,254▲213% | $60,143▲29.3% | $877,321▲3.6% | $877,321▲3.6% | 990PF |
| 2023 | $29,169▲242% | $46,519▼34.6% | $847,152▼2.0% | $847,152▼2.0% | 990PF |
| 2022 | -$20,602▼110% | $71,103▲14.3% | $864,831▼9.6% | $864,831▼9.6% | 990PF |
| 2021 | $203,469▲182% | $62,187▲7.1% | $956,521▲17.5% | $956,521▲17.5% | 990PF |
| 2020 | $72,118 | $58,061 | $814,164 | $814,164 | 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 William S Thomas Trust Nect (EIN 06-6031214) 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.