THOMPSON LEGACY FOUNDATION

EIN: 843174097 501(c)(3) International Affairs

SEVERN, MD

Total Revenue
$102,569
Total Expenses
$46,938
Total Assets
$55,631
Net Assets
$55,631
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
TX
Principal Officer
HARTLEY THOMPSON III
Phone
8172647041
Tax Period
2020-01-01 to 2020-12-31

THOMPSON LEGACY FOUNDATION, founded in 2019, is a small nonprofit in the International Affairs sector that reported $103K in total revenue in fiscal year 2020. The organization ran a surplus of $56K, a strong 54% operating margin.

Mission

TO ADDRESS THE IMMEDIATE AND LONG-TERM NEEDS OF INDIVIDUALS, PARTICULARLY VULNERABLE CHILDREN, THROUGH PROVIDING CHARITABLE SUPPORT AND RELIEF TO COMMUNITIES EXPERIENCING HARDSHIPS DUE TO NATURAL DISASTER, ECONOMIC, PUBLIC HEALTH, OR SOCIETAL CRISES AROUND THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $44,016

THOMPSON LEGACY FOUNDATION ADDRESSES THE IMMEDIATE AND LONG-TERM NEEDS OF INDIVIDUALS, PARTICULARLY VULNERABLE CHILDREN, THROUGH PROVIDING CHARITABLE SUPPORT AND RELIEF TO COMMUNITIES EXPERIENCING...

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THOMPSON LEGACY FOUNDATION ADDRESSES THE IMMEDIATE AND LONG-TERM NEEDS OF INDIVIDUALS, PARTICULARLY VULNERABLE CHILDREN, THROUGH PROVIDING CHARITABLE SUPPORT AND RELIEF TO COMMUNITIES EXPERIENCING HARDSHIPS DUE TO NATURAL DISASTER, ECONOMIC, PUBLIC HEALTH, OR SOCIETAL CRISES AROUND THE WORLD.COVID-19 RELIEF:IN ADDITION TO CONTINUING TO PROVIDE SUPPORT TO THOSE WHO ARE STILL RECOVERING FROM HURRICANE DORIAN, THOMPSON LEGACY FOUNDATION IS PROVIDING FINANCIAL SUPPORT TO GROUPS THAT ARE ASSISTING PEOPLE WHO HAVE BEEN NEGATIVELY IMPACTED BY THE ECONOMIC FALLOUT OF THE COVID-19 PANDEMIC. WE HAVE DONATED GROCERIES, STROLLERS, AND CAR SEATS TO SUPPORT THE EFFORTS OF REACH OUT YOUTH ORGANIZATION AND A FOOD BANK STARTED BY SILVINO RIVEROL TO FEED THE PEOPLE OF ORANGE WALK AND COROZAL DISTRICT IN THE COUNTRY OF BELIZE.2020 HOLIDAY FLOURISH TO NOURISH PROGRAM:THOMPSON LEGACY FOUNDATION HELPED FAMILIES IN GRAND BAHAMA, BAHAMAS DURING THE 2020 HOLIDAY SEASON BY DONATING GIFT CERTIFICATES FROM LOCAL GROCERY STORES TO THEM. WE ALSO DONATED FOOD, SUPPLIES, AND TOYS TO MULTIPLE ORPHANAGES, CHURCHES, THE AMPUTEE FOOTBALL (SOCCER) TEAM, PRISONS, AND RURAL AREAS IN THE COUNTRY OF LIBERIA.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $102,569
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $102,569

Expense Breakdown

Grants Paid $44,016
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $44,016
Other Expenses $2,922
TOTAL EXPENSES $46,938

Year-over-Year Comparison

2020 2019 Change
Revenue $102,569 N/A N/A
Expenses $46,938 N/A N/A
Net Income $55,631 $0 N/A
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

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Governance

Voting Members
7
Independent Members
2
Employees
N/A
Volunteers
7

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARTLEY EUGENE THOMPSON III PRESIDENT/DIRECTOR 9.00
Officer Director
$0 $0 $0
JARED THOMPSON VICE PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
ALICIA THOMPSON SECR/TREAS/DIRECTOR 5.00
Officer Director
$0 $0 $0
KINYUE THOMPSON DIRECTOR 2.00
Director
$0 $0 $0
HARTLEY EUGENE THOMPSON II DIRECTOR 3.00
Director
$0 $0 $0
WIMA STEFANUTI DIRECTOR 1.00
Director
$0 $0 $0
LYNDAH WELLS 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
2020 $102,569 $46,938 $55,631 $55,631
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