Nonprofit · EIN 43-1525102
GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION
Tax-exempt · LOVELAND, CO 80539
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $139,217 | $120,117 | $19,100 | $906,843 | $26 | $906,817 |
| December 31, 2023 | 990-PF | $69,490 | $60,888 | $8,602 | $887,743 | $26 | $887,717 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $63,927
- Net gain from sales of assets
- $67,522
- Other income
- $7,768
Expenses
- Grants and similar amounts paid
- $60,000
- Disbursements for charitable purposes
- $60,000
- Excise tax on investment income
- $1,001
Balance sheet and other
- Total assets, start of year
- $887,743
- Total assets, end of year
- $906,843
- Total liabilities, end of year
- $26
- Net assets, end of year
- $906,817
- Fair market value of assets
- $986,919
- Qualifying distributions
- $60,000
- Net investment income
- $131,449
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUISE F THORNTON PO BOX 1081, LOVELAND, CO 80539 | President | 1 | $0 |
| GEORGE C THORNTON PO BOX 1081, LOVELAND, CO 80539 | Director | 1 | $0 |
| CHARLES L THORNTON PO BOX 1081, LOVELAND, CO 80539 | Director | 1 | $0 |
| JULIA T CHERRY PO BOX 1081, LOVELAND, CO 80539 | Foundation Mgr. | 4 | $0 |
| LARA T TABOLA PO BOX 1081, LOVELAND, CO 80539 | Director | 1 | $0 |
| TOBY TABOLA PO BOX 1081, LOVELAND, CO 80539 | Director | 1 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUISE F THORNTON PO BOX 1081, LOVELAND, CO 80539 | President | 1 | $0 |
| GEORGE C THORNTON PO BOX 1081, LOVELAND, CO 80539 | Director | 1 | $0 |
| CHARLES L THORNTON PO BOX 1081, LOVELAND, CO 80539 | Director | 1 | $0 |
| JAMES A CHERRY PO BOX 1081, LOVELAND, CO 80539 | Director | 1 | $0 |
| JULIA T CHERRY PO BOX 1081, LOVELAND, CO 80539 | Foundation Mgr. | 4 | $0 |
| LARA T TABOLA PO BOX 1081, LOVELAND, CO 80539 | Director | 1 | $0 |
| TOBY TABOLA PO BOX 1081, LOVELAND, CO 80539 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1081, LOVELAND, CO 80539-1081
- In care of
- % JANET ACHEATEL LEXINGTON CAP MGMT
- Signed the 990-PF
- JULIA T CHERRY, Foundation Mgr.
- Phone
- (970) 290-3391
- Return prepared by
- Geoffrey W Goudy CPA LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 43-1525102
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $906,843
- Income (IRS master file)
- $311,436
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $139,217 | $120,117 | $906,843 | IRS |
| 990-PF | December 2023 | $69,490 | $60,888 | $887,743 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 43-1525102).
Questions about GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION
- What is the EIN of GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION?
- The employer identification number (EIN) of GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION is 43-1525102.
- Is GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GEORGE & LOUISE THORNTON CHARITABLE 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 GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $139,217, expenses of $120,117 and total assets of $906,843 at year end.
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