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Naomi & Terence Thomas Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Fund Raising and/or Fund Distribution (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$17.2k (2022)

Expenses
$5.18k (2022)

Total Assets
$268k (2022)

Total Liabilities
$78 (2022)

Years with missing data
Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$17,216
Expenses
$5,184
Net Income
$12,032
Net Assets
$267,579
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $954
5.5%
Dividends $4,233
24.6%
Sales of Assets $12,029
69.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,050
78.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $267,657
Total Liabilities $78
Net Assets $267,579
Compensation
Key Employees and Officers Compensation Other
Gary Gibbons (Trustee) $0 $0
Gail Hirsch (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$29,084
Expenses
$14,459
Net Income
$14,625
Net Assets
$259,660
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2,228
7.7%
Dividends $2,999
10.3%
Sales of Assets $23,857
82.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $12,500
86.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $259,696
Total Liabilities $36
Net Assets $259,660
Compensation
Key Employees and Officers Compensation Other
Gary Gibbons (Trustee) $0 $0
Gail Hirsch (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,379
Expenses
$11,072
Net Income
-$8,693
Net Assets
$246,439
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,540
> 100%
Dividends $2,736
> 100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $11,000
99.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $246,573
Total Liabilities $134
Net Assets $246,439
Compensation
Key Employees and Officers Compensation Other
Gary Gibbons (Trustee) $0 $0
Gail Hirsch (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$15,738
Expenses
$5,103
Net Income
$10,635
Net Assets
$255,158
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,601
22.9%
Dividends $3,328
21.1%
Sales of Assets $8,809
56.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $260,143
Total Liabilities $4,985
Net Assets $255,158
Compensation
Key Employees and Officers Compensation Other
Gary Gibbons (Trustee) $0 $0
Gail Hirsch (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$12,705
Expenses
$246,918
Net Income
-$234,213
Net Assets
$244,187
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,025
23.8%
Dividends $3,446
27.1%
Sales of Assets $6,234
49.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $245,669
99.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $244,187
Total Liabilities $0
Net Assets $244,187
Compensation
Key Employees and Officers Compensation Other
Gary Gibbons (Trustee) $0 $0
Gail Hirsch (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$21,244
Expenses
$20,670
Net Income
$574
Net Assets
$375,455
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $11,245
52.9%
Sales of Assets $11,507
54.2%
Other Income -$1,508
Notable Expenses Percent of Total Expenses
Charitable Disbursements $17,241
83.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $375,455
Total Liabilities $0
Net Assets $375,455

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$17,800
Expenses
$15,581
Net Income
-$33,381
Net Assets
$374,289
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,121
Dividends $10,693
Sales of Assets $0
Other Income $1,472
Notable Expenses Percent of Total Expenses
Charitable Disbursements $11,003
70.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $374,289
Total Liabilities $0
Net Assets $374,289

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$8,615
Expenses
$20,917
Net Income
-$29,532
Net Assets
$385,713
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,500
Interest Revenue $4,011
Dividends $10,039
Sales of Assets -$24,399
Other Income $234
Notable Expenses Percent of Total Expenses
Charitable Disbursements $16,599
79.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $385,713
Total Liabilities $0
Net Assets $385,713
Compensation
Key Employees and Officers Compensation Other
Terence W Thomas (Trustee) $0 $0
Naomi G Thomas (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$28,823
Expenses
$18,852
Net Income
$9,971
Net Assets
$396,731
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,500
5.2%
Interest Revenue $6,264
21.7%
Dividends $10,486
36.4%
Sales of Assets $10,770
37.4%
Other Income -$197
Notable Expenses Percent of Total Expenses
Charitable Disbursements $14,543
77.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $396,731
Total Liabilities $0
Net Assets $396,731

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$26,209
Expenses
$38,559
Net Income
-$12,350
Net Assets
$426,913
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,186
23.6%
Dividends $10,242
39.1%
Sales of Assets $8,781
33.5%
Other Income $1,000
3.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $35,713
92.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $426,914
Total Liabilities $1
Net Assets $426,913

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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