Isabella Joy Thallas Foundation

Nonprofit profile at a glance

EIN
921077489
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Denver, CO, USA
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Alliance/Advocacy

Reported finances

Revenue
$80,718
Expenses
$101,965
Assets
$60,814

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Tiffany Rankin (President)

People named in this filing

  • Tiffany Rankin (President)
  • Joshua Thallas (Director)
  • Lucia Thallas (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation will operate educational programs for gun violenceprevention, to maximize systems and resources. We will fund therapyand funeral costs for gun violence victims and their families. We will award high school students with college scholarships.

What it reported doing in 2025

The annual Bella Joy Fashion Show was held during the year - still the same mission - provide art/fashion/photography supplies to art schools and other non profits, support art/fashion/photography programs through a scholarship program, support mental health through random acts of kindness and therapies considered to be unconventional, ex: smash room focused on trauma care.With the money we raised we were able to pass out 1000 roses in Colorado & Arizona. This was a random act of kindness event in which volunteers and the members of the foundation passed roses out to strangers. The event was called Roses for Joy. We also were able to donate to Factory Fashion and provided scholarships to young adults to learn the art of fashion and creating their own design to be featured at Denver Fashion Week, we raised money to provide three models the opportunity to do a photoshoot for his/her portfolio.We donated a bench to the Butterfly Pavillion and will have a private butterfly release for the bench dedication.Additionally we always raise a small amount for the up keep of th Bella Joy Memorial Dog Park.

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
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 82
  • Sustainability: 26
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 90.1%; rating input score 90

Transparency & Controls

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

Sustainability

  • Operating margin: -26.3%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.6; rating input score 35; 35th 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: 58.1% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 7.5% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 90.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $92K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • 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.

  • High — Sustainability: Operating margin scored 19/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.