Thomley Foundation Inc
- Assets
- $296.4k
- Revenue
- $437.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Brentwood, TN
- Founding
- 03/1999
- Data as of
- 12/2021
- EIN
- 63-1207742
Organization Overview
Thomley Foundation Inc is located in Brentwood, TN. The organization was established in 1999. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomley Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Thomley Foundation Inc generated $437.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $401.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Thomley Foundation Inc has awarded 53 individual grants totaling $1,700,266. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL SUPPORT FOR 3 MINISTERS AND 3 CHURCHES TO ENABLE THEM TO PROVIDE PHYSICAL AND SPIRITUAL NEEDS OF THEIR CONGREGATES WITH EDUCATION FOOD AND MEDICAL EXPENSES FINANCIAL AID TO PROVIDE RELIEF TO PEOPLE SUFFERING HARDSHIP DUE TO COVID 19.
GIFTS OF MONEY, FOOD AND CLOTHING FOR NEEDY FAMILIES EXPERIENCING DISASTER AND OVERWHELMING LIVING AND MEDICAL EXPENSES.
DEVELOPMENT OF RESOURCES AND LIBRARY WITH EDUCATIONAL MATERIALS, BOOKS AND REFERENCES. PRODUCTION OF EDUCATIONAL MATERIALS.
EDUCATIONAL LECTURES TO INDIVIDUALS AND MINISTERS PROVIDING BIBLICAL TRAINING, MISSION TRIPS TO SUPPORT WORK OF MINISTERS WITH EDUCATION MATERIALS AND COMPUTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Thomley President | 0 | $0 | |
Ryan Thomley Vice Preside | 0 | $0 | |
Jeannie Thomley Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $436,995 |
| Interest on Savings | $10 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $437,005 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $706 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $23,627 |
| Travel, conferences, and meetings | $43,078 |
| Printing and publications | $525 |
| Other expenses | $41,123 |
| Total operating and administrative expenses | $111,479 |
| Contributions, gifts, grants paid | $290,051 |
| Total expenses and disbursements | $401,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,021 |
| Savings and temporary cash investments | $90,410 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $296,431 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $17,338 |
| Total liabilities | $17,338 |
Grants Awarded
Over the last fiscal year, Thomley Foundation Inc has awarded $290,051 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
REBECCA WILLIAMS PURPOSE: HOUSING FOOD AND UTIL FOR FAMILY | $55,000 |
STEFANO CORAZZA PURPOSE: MINISTRY SUPPORT | $47,000 |
GIANNI BERDINI PURPOSE: MINISTRY SUPPORT | $43,195 |
MARCO DI MARTINO PURPOSE: MINISTRY SUPPORT | $39,315 |
MONFALCONE CHURHC OF CHRIST PURPOSE: BENEVOLENT SUPPORT FOR NEEDY | $28,977 |
CHURCH OF CHRIST ROME PURPOSE: BENEVALENT SUPPORT FOR NEEDY | $28,976 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Thomley Foundation Inc has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
Woody M Mcgee And Joyce M Mcgee Family Foundation Franklin, TN PURPOSE: TO SUPPORT OPERATIONS | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Compassion A Tennessee Non-Profit Corporation Cleveland, TN | $18,764,537 | $70,147,882 |
United Faith Ministries Inc Norfolk, VA | $10,805,826 | $50,029,760 |
Answers In Genesis Inc Petersburg, KY | $94,175,549 | $47,216,237 |
Ministry Health Care Inc St Louis, MO | $291,511,056 | $25,156,032 |
Martha Obryan Center Inc Nashville, TN | $41,203,339 | $31,115,116 |
Ravi Zacharias International Ministries Norcross, GA | $12,439,416 | $25,742,588 |
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Haven Of Our Lady Of Peace Inc St Louis, MO | $8,612,583 | $10,375,484 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |