THOMPSON FAMILY FOUNDATION (EIN 352601013) - 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

2017

Legal Domicile

Principal Officer

KLAY THOMPSON

Phone

3102774657

Tax Period

2022-01-01 to 2022-12-31

THOMPSON FAMILY FOUNDATION, founded in 2017, is a small nonprofit in the Human Services sector that reported $303K in total revenue in fiscal year 2022. Revenue surged 8618% from the prior year, signaling strong growth momentum. The organization ran a surplus of $102K, a strong 34% operating margin.

Mission

THE MISSION OF THE THOMPSON FAMILY FOUNDATION IS TO ENRICH THE LIVES OF YOUTH IN THE UNITED STATES AND IN THE BAHAMAS THROUGH FITNESS AND EDUCATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $303,046

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $303,046

Expense Breakdown

Grants Paid $55,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $155,920

Other Expenses $145,966

TOTAL EXPENSES $200,966

Year-over-Year Comparison

	2022	2021	Change
Revenue	$303,046	$3,476	+86.2%
Expenses	$200,966	$161,724	+0.2%
Net Income	$102,080	$-158,248	-1.6%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE THOMPSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
MYCHAL THOMPSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JOE MCLEAN	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN LESLIE	SECRETARY	1.00	Officer Director	$0	$0	$0
TRAYCE THOMPSON	TRUSTEE	1.00	Director	$0	$0	$0
KLAY THOMPSON	TRUSTEE	1.00	Director	$0	$0	$0
MYCHEL THOMPSON	TRUSTEE	1.00	Director	$0	$0	$0
BRIDGETTE HARPER	DIRECTOR	1.00	Director	$0	$0	$0
SETH TARVER	DIRECTOR	1.00	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
2022	$303,046	$200,966	$153,360	$102,080
2019	$306,763	$300,017	$466,434	$6,746
2018	$786,171	$358,788	$586,338	$427,383

THOMPSON FAMILY FOUNDATION