THE MICHAEL E THORNTON FOUNDATION

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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

2015

Legal Domicile

Principal Officer

MICHAEL THORNTON

Phone

2147200696

Tax Period

2024-01-01 to 2024-12-31

THE MICHAEL E THORNTON FOUNDATION, founded in 2015, is a small nonprofit in the Human Services sector that reported $476K in total revenue in fiscal year 2024. Expenses of $457K left a modest 4% surplus.

Mission

PROVIDING IMMEDIATE FINANCIAL ASSISTANCE FOR BOTH ACTIVE AND NON-ACTIVE DUTY MILITARY AND FAMILIES IN NEED

Program Service Accomplishments

Program 1

Expenses: $159,827 Revenue: $475,602

SCHEDULE ATTACHED WE GIVE AS MUCH MONEY AND ITEMS TO MILITARY FAMILIES IN NEED AS WE POSSIBLY CAN AT ALL TIMES

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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 (2024)

Revenue Breakdown

Contributions & Grants $475,602

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $475,602

Expense Breakdown

Grants Paid $159,827

Salaries & Benefits $0

Fundraising Expenses $70,090

Program Expenses $159,827

Other Expenses $296,781

TOTAL EXPENSES $456,608

Year-over-Year Comparison

	2024	2023	Change
Revenue	$475,602	$496,781	0.0%
Expenses	$456,608	$473,135	0.0%
Net Income	$18,994	$23,646	-0.2%

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

$77,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL E THORNTON	PRESIDENT	30.00	Officer	$0	$0	$0
CONNIE S BOUCHER	VICE PRESIDENT	30.00	Officer	$77,000	$0	$77,000
JOHN PETER LYNCH	SECRETARY	8.00	Officer	$0	$0	$0
TODD J SENIFF	OFFICER	8.00	Officer	$0	$0	$0
JOSEPH ROBERT KERRY	OFFICER	8.00	Officer	$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	$475,602	$456,608	$213,675	$18,994
2023	$496,781	$473,135	$248,727	$23,646
2022	$526,626	$583,209	$170,354	$-56,583
2021	$538,257	$391,832	$219,686	$146,425
2020	$209,465	$294,685	$116,951	$-85,220
2019	$266,619	$361,026	$156,939	$-94,407
2018	$380,257	$354,872	$236,853	$25,385