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California · Nonprofit

JOY THOMAS FOUNDATION

JOY THOMAS FOUNDATION (California) receives grants from 7 organizations whose IRS filings report $248,317 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($102,500). 1 of them have funded it in more than one year, and 96% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2023
$50k
Funders on record
7
Grants received
$248k
Net assets
$894k
1/7 repeat fundersgrants exceed reported revenue in one year
01What it does

What Joy Thomas Foundation does

Mission

The organization's mission is to inspire students to pursue careers in science, technology, engineering and mathematics. The organization attempts to do so by providing mentoring, training and partial financing to disadvantaged college and high school students. Additionally, the organization intends to keep alive the legacy of Joy Thomas through awards for research conducted in the field of Information Theory.

As stated on its FY2023 Form 990.

Programs

On its FY2023 return the organization reported starting a significant new program.

The organization sponsored a limited number of paid internships to college students in 2023

Its own explanation, from Schedule O of that return (Part III, line 2).

  1. Awarded a prize to the top ranked woman in the IIT entrance exam. Conducted an on line session with a panel of women leaders from industry to promote careers in STEM for young women.

    $3,475 spentof which $2,495 as grants
    11% of program spending
  2. Funded the establishment of a science lab in a high school in India. Paid for setting up the lab, purchasing supplies, compensating an instructor and for day to day operations of the lab.

    $15,540 spentof which $15,540 as grants
    50% of program spending
  3. Sponsored 5 interns to work on a project for a company during the summer of 2023.

    $9,200 spentof which $9,200 as grants
    30% of program spending
  4. Partially funded the education of college students from underprivileged backgrounds in India.

    $2,800 spentof which $2,800 as grants
    9% of program spending

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $31,015.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($879k) Expenses 100 ($5k) Net assets 100 ($874k)2022 Revenue 10 ($91k) Expenses 1150 ($63k) Net assets 103 ($898k)2023 Revenue 6 ($50k) Expenses 691 ($38k) Net assets 102 ($894k)
202120222023
Revenue (6)Expenses (691)Net assets (102)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $874k to $898k (+3%).

$874k
$898k
$894k
202120222023
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
ContributionsProgram revenueInvestmentOther

60% of JOY THOMAS FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (75% for the typical peer).

This organization
Typical peer · 1,508 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.

$874k
’21
$29k
’22
$12k
’23
58
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202120222023
Listed444
Joined·+0+0
No longer listed·00
03Who funds it

Who funds it, year by year

2021 → 2022: the base broadened from 1 funder to 6 funders, grant income rose $10k → $229k.

6 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 96% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of JOY THOMAS FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

JOY THOMAS FOUNDATION leans on a few funders — its largest provides 41% of grant income and the top three 78%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

96% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund JOY THOMAS FOUNDATION.

41%
largest funder
78%
top three
~4
effective funders

Largest funder’s share by year: 2021 100% · 2022 45% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

96% of JOY THOMAS FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $10k that is directly attributable, 100% of it comes from funders outside California, across 1 state.

DE

Funder states come from each funder’s own filing. $238k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

JOY THOMAS FOUNDATION runs a healthier operating margin than half of the 1,532 employment nonprofits its size.

Operating margin25% · above the median
Months of reserve58.2mo · above the median
Revenue growth (annualized)−76% · bottom quartile

this organization peer median middle 50% of peers· 1,532 employment nonprofits under $100k, FY2023

Organizations like JOY THOMAS FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

83% of spending goes to programs.

Program 83%Management 17%Fundraising 0%

Governance

3
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for JOY THOMAS FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds JOY THOMAS FOUNDATION?
JOY THOMAS FOUNDATION (California) receives grants from 7 organizations whose IRS filings report $248,317 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($102,500). 1 of them have funded it in more than one year, and 96% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does JOY THOMAS FOUNDATION have?
IRS filings report 7 organizations giving $248,317 in grants to JOY THOMAS FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of JOY THOMAS FOUNDATION?
DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $102,500 in grants. The full list of funders is on this page.
How can an organization like JOY THOMAS FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2021–2023), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing