THE MICHAEL E THORNTON FOUNDATION

EIN: 473566922 501(c)(3) Human Services

DALLAS, TX

Total Revenue
$475,602
Total Expenses
$456,608
Total Assets
$213,675
Net Assets
$205,741
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TX
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

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

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
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$77,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE MICHAEL E THORNTON FOUNDATION with other nonprofits in Texas and across the country.