Thomley Foundation Inc
- Assets
- $223.2k
- Revenue
- $259.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Brentwood, TN
- Founding
- 03/1999
- Data as of
- 12/2022
- 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 12/2022, Thomley Foundation Inc generated $259.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $329.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Thomley Foundation Inc has awarded 59 individual grants totaling $1,884,744. 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
2022
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 FOOD EDUCATION AND MEDICAL EXPE
SUPPORT WORK OF MINISTERS WITH EDUCATION MATERIALS AND COMPUTERS
DEVELOPMENT OF RESOURCES AND LIBRARY WITH EDUCATIONAL MATERIALS BOOKS AND REFERENCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Thomley President | 0 | $0 | |
Jeannie Thomley Secretary | 0 | $0 | |
Ryan Thomley Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $259,387 |
| Interest on Savings | $0 |
| 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 | $259,387 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $258 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $25,033 |
| Travel, conferences, and meetings | $71,976 |
| Printing and publications | $0 |
| Other expenses | $43,288 |
| Total operating and administrative expenses | $145,395 |
| Contributions, gifts, grants paid | $184,478 |
| Total expenses and disbursements | $329,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,173 |
| Savings and temporary cash investments | $58,000 |
| 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 | $223,173 |
| 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 | $14,566 |
| Total liabilities | $14,566 |
Grants Awarded
Over the last fiscal year, Thomley Foundation Inc has awarded $184,478 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MONFALCONE CHURCH PURPOSE: BENEVOLENT SUPPORT FOR NEEDY | $14,085 |
ROLLING HILLS CHURCH PURPOSE: BENEVALENT SUPPORT FOR THE NEEDY | $13,756 |
GIANNI BERDINI PURPOSE: MINISTRY SUPPORT | $57,151 |
MARCONDI MARTINO PURPOSE: MINISTRY SUPPORT | $27,400 |
STEFANO CORAZZA PURPOSE: MINISTRY SUPPORT | $48,000 |
CHURCH OF CHRIST TRIESTE PURPOSE: BENEVOLENT SUPPORT TO NEEDY | $24,086 |