TPhilanthropy, Voluntarism & GrantmakingEIN: 383447218· Ruling Year: 1999

Richard K Thompson Foundation

Warren, Michigan

A-Health Score
75A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org14.39×
Peer Median18.82×
💰
$2.4M
Total Revenue
📊
$1.6M
Total Expenses
🏦
$23.6M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+39.5%
Year-over-year change (2022 → 2023)
Net Margin
+32.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
14.39
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$2,433,87840%$1,643,3086%$23,649,9864%
2022$1,744,3878%$1,751,6769%$22,701,7463%
2021$1,894,27115%$1,929,24926%$23,370,4492%
2020$1,651,40335%$1,532,5728%$23,763,9211%
2019$2,528,41356%$1,413,96781%$23,888,61940%
2015$5,709,89214%$782,248182%$17,030,16938%
2014$6,675,420117%$277,40155%$12,352,525116%
2013$3,077,9371186%$178,5323%$5,708,506104%
2012$239,4021%$184,508$2,805,1012%
2011$237,676$183,745$2,750,207

Frequently Asked Questions

What does Richard K Thompson Foundation do?

Richard K Thompson Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Richard K Thompson Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Richard K Thompson Foundation has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Richard K Thompson Foundation generate?

Revenue data for Richard K Thompson Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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