Skip to main content

Nonprofit · EIN 47-3566922

MICHAEL E THORNTON FOUNDATION

Tax-exempt · DALLAS, TX 75251

Financials

$497K$473K2023$476K$457K2024
Revenue Expenses · by fiscal year end
Financials of MICHAEL E THORNTON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$475,602$456,608$18,994$213,675$7,934$205,741
December 31, 2023990$496,781$473,135$23,646$248,727$61,980$186,747
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$475,602
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$159,827
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$3,111
Travel
$61,556
Program services (functional)
$159,827
Management and general (functional)
$226,691
Fundraising (functional)
$70,090

Balance sheet and other

Total assets, start of year
$248,727
Total assets, end of year
$213,675
Total liabilities, end of year
$7,934
Net assets, end of year
$205,741
Gross receipts
$475,602
Employees
0
Volunteers
5
Year formed
2015
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CONNIE S BOUCHERVICE PRESIDENT
Officer
30$77,000
MICHAEL E THORNTONPRESIDENT
Officer
30$0
JOHN PETER LYNCHSECRETARY
Officer
8$0
TODD J SENIFFOFFICER
Officer
8$0
JOSEPH ROBERT KERRYOFFICER
Officer
8$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
CONNIE S BOUCHERVICE PRESIDENT
Officer
30$88,000
MICHAEL E THORNTONPRESIDENT
Officer
30$0
JOHN PETER LYNCHSECRETARY
Officer
8$0
TODD J SENIFFOFFICER
Officer
8$0
JOSEPH ROBERT KERRYOFFICER
Officer
8$0

Address and contacts

Address (IRS master file)
12770 MERIT DR STE 124, DALLAS, TX 75251-1219
Principal officer (990 for 2024)
MICHAEL THORNTON, 16800 WESTGROVE DR800, ADDISON, TX 75001
Signed the 990
MICHAEL THORNTON, PRESIDENT
Phone
(214) 720-0696
Return prepared by
The Pierson Firm PLLC

Mission

PROVIDING IMMEDIATE FINANCIAL ASSISTANCE FOR BOTH ACTIVE AND NON-ACTIVE DUTY MILITARY AND FAMILIES IN NEED

990 for the year ended December 31, 2024

Program accomplishments

  • SCHEDULE ATTACHED WE GIVE AS MUCH MONEY AND ITEMS TO MILITARY FAMILIES IN NEED AS WE POSSIBLY CAN AT ALL TIMES
    Expenses $159,827 · grants $159,827 · revenue $475,602

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-3566922
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P60)
Assets (IRS master file)
$213,675
Income (IRS master file)
$475,602

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$475,602$456,608$213,675XML
990December 2023$496,781$473,135$248,727XML
990December 2022$526,626$583,209$170,354IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-3566922).

Questions about MICHAEL E THORNTON FOUNDATION

What is the EIN of MICHAEL E THORNTON FOUNDATION?
The employer identification number (EIN) of MICHAEL E THORNTON FOUNDATION is 47-3566922.
Is MICHAEL E THORNTON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to MICHAEL E THORNTON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MICHAEL E THORNTON FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MICHAEL E THORNTON FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MICHAEL E THORNTON FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MICHAEL E THORNTON FOUNDATION?
The 990 for the year ended December 31, 2024 names MICHAEL THORNTON.
Who are the officers and directors of MICHAEL E THORNTON FOUNDATION?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $77,000 (CONNIE S BOUCHER, VICE PRESIDENT).
How much revenue does MICHAEL E THORNTON FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $475,602, expenses of $456,608 and total assets of $213,675 at year end.

Other nonprofits in DALLAS

All nonprofits in DALLAS · Texas · Human services