THE ED THOMAS FAMILY FOUNDATION INC (EIN 272353820) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

TODD THOMAS

Phone

3194154515

Tax Period

2023-01-01 to 2023-12-31

THE ED THOMAS FAMILY FOUNDATION INC, founded in 2010, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $3K in total revenue in fiscal year 2023. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $22K exceeded revenue, resulting in a 635% operating deficit.

Mission

THE ED THOMAS FAMILY FOUNDATION PROMOTES AND SUPPORTS FAITH, FAMILY, & FOOTBALL THROUGH ITS COMMITMENT TO SCHOLARSHIPS, MISSIONS, FACILITIES, COACHING, AND OTHER MEDIUMS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,704

Program Service Revenue $0

Investment Income $1,287

Other Revenue $0

TOTAL REVENUE $2,991

Expense Breakdown

Grants Paid $18,819

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,819

Other Expenses $3,178

TOTAL EXPENSES $21,997

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,991	$18,537	-0.8%
Expenses	$21,997	$66,131	-0.7%
Net Income	$-19,006	$-47,594	-0.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
AARON THOMAS	VICE CHAIRMAN	Officer Director	$0	$0	$0
TODD THOMAS	SECRETARY/TREASURER	Officer Director	$0	$0	$0
GREG THOMAS	DIRECTOR	Director	$0	$0	$0
VIRGIL GOODRICH	DIRECTOR	Director	$0	$0	$0
CASEY WIEGMAN	DIRECTOR	Director	$0	$0	$0
AARON KAMPMAN	DIRECTOR	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,991	$21,997	$144,704	$-19,006
2022	$18,537	$66,131	$163,710	$-47,594
2021	$26,693	$18,283	$211,330	$8,410
2020	$24,480	$42,565	$203,671	$-18,085

THE ED THOMAS FAMILY FOUNDATION INC