Craig & Susan Thomas Foundation C/o Gale Geringer

Nonprofit profile at a glance

EIN
800032658
IRS 990-EZ coverage
2016–2020
Forms available
Form 990-EZ 2020
Location
Cheyenne, WY, USA
Phone
3076348195
Rating confidence
Limited
Sector
Nonmonetary Support N.E.C.

Official website

Reported finances

Revenue
$0
Expenses
$3,698
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • SUSAN R THOMAS (PRESIDENT AND DIRECTOR)
  • DAVID D UCHNER (VICE PRESIDENT AND DIRECTO)

People named in this filing

  • SUSAN R THOMAS (PRESIDENT AND DIRECTOR)
  • DAVID D UCHNER (VICE PRESIDENT AND DIRECTO)
  • GALE GERINGER (SEC/TREAS AND DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation offers scholarships to at risk students who graduated high school or received their ged, live in Wyoming and want to attend a Wyoming based post secondary institution.

What it reported doing in 2020

The foundation grants to Wyoming organizations that help at riskstudents achieve.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 15
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 40.6%; rating input score 41

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -44% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -83.6% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -78.7% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 40.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2016 to 2020
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Program expense ratio scored 41/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.