The Garrett Thomas Foundation
Legal name: The Garrett Thomas Foundation Inc
Nonprofit profile at a glance
- EIN
- 452683114
- IRS 990-EZ coverage
- 2024–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- Concord, NC, US
- Phone
- 7046345444
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Patient Services - Entertainment, Recreation
Reported finances
- Revenue
- $168,960
- Expenses
- $56,475
- Assets
- $255,279
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- KATHY THOMAS (EXECUTIVE DIRECTOR)
People named in this filing
- KATHY THOMAS (EXECUTIVE DIRECTOR)
- KATY THOMAS (SECRETARYTREASURER)
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 mission of The Garrett Thomas Foundation is to Support Life and Breathe Hope into the lives of individuals and families who are living with cystic fibrosis.
What it reported doing in 2025
Support life by helping with gas cards, medical expenses, emergency life needs, housing needs and finding a cure.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 82
- Sustainability: 89
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28.2%; rating input score 28
- Program expense ratio: 83.4%; rating input score 83
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 66.6%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 4.52; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 36.9% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 117.6% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 56.5% per year; rating input score 100; 94th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 28.2% of revenue deployed · 83.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $47K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 28/100.