Civic Intelligence

Thoresen Foundation

990T • Fiscal year 2020 • EIN 36-6102493

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 01, 2021

Organization Profile
CO M Thoresen 2725 Woodridge ChaCanton, GA 30114

(828) 260-5480

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2018: $34,126,990Liabilities 2018: $0Net Assets 2018: $34,126,9902018Assets 2020: $39,267,713Liabilities 2020: $0Net Assets 2020: $39,267,7132020Assets 2021: $41,666,168Liabilities 2021: $0Net Assets 2021: $41,666,1682021Assets 2022: $40,376,396Liabilities 2022: $0Net Assets 2022: $40,376,3962022Assets 2023: $38,213,845Liabilities 2023: $0Net Assets 2023: $38,213,8452023Assets 2024: $39,138,731Liabilities 2024: $0Net Assets 2024: $39,138,7312024

Latest loaded filing

2024

Assets$39,138,731
Liabilities$0
Net Assets$39,138,731
Open 2024 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2018: $1,357,433Expenses 2018: $2,263,136Net Income 2018: -$905,7032018Revenue 2020: $5,726,708Expenses 2020: $1,207,457Net Income 2020: $4,519,2512020Revenue 2021: $3,625,486Expenses 2021: $1,227,031Net Income 2021: $2,398,4552021Revenue 2022: $474,687Expenses 2022: $1,847,177Net Income 2022: -$1,372,4902022Revenue 2023: $528,684Expenses 2023: $2,755,233Net Income 2023: -$2,226,5492023Revenue 2024: $2,762,817Expenses 2024: $1,920,440Net Income 2024: $842,3772024

Latest loaded filing

2024

Revenue$2,762,817
Expenses$1,920,440
Net Income$842,377
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 1, 2021
Return Version
2020v1.1
Filing and Contact Details

Filer

Filer Name
Thoresen Foundation
EIN
36-6102493
Phone
8282605480
Address
CO M THORESEN 2725 WOODRIDGE CHA, CANTON, GA 30114

Signing Officer

Name
Michael Thoresen
Title
Trustee
Phone
8282605480
Signed
2021-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Cherry Bekaert Llp
Address
1075 PEACHTREE STREET NE SUITE 2200, ATLANTA, GA 30309
Preparer
Amanda Adams
Phone
4042090954
Raw XML Appendix87 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990T/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990T/BooksInCareOfDetail/PhoneNum06789069908
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0C/O M THORESEN 2725 WOODRIDGE CHA
IRS990T/BooksInCareOfDetail/USAddress/CityNm0CANTON
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd030114
IRS990T/BookValueAssetsEOYAmt039267713
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/Organization501cTrustInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/PaidTaxLiabilityAmt00
IRS990TScheduleA/NetOperatingLossDeductionAmt00
IRS990TScheduleA/PrincipalBusinessActivityCd0901101
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt00
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalOrdinaryGainLossAmt0-12708
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt0-26080
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0-38788
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0-38788
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0PARTNERSHIP INVESTMENTS
IRS990TScheduleA/UBIBeforeNOLDedAmt0-38788
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0-38788
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt00
IRS990T/TaxableTrustAmt00
IRS990T/TaxLessCreditsAmt00
IRS990T/TaxRateScheduleInd0X
IRS990T/TotalDeductionAmt01000
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIBeforeNOLSpecificAmt0-38788
IRS990T/TotalUBTIBeforeSection199AAmt0-38788
IRS990T/TotalUBTIComputedAmt0-38788
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL THORESEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum08282605480
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THORESEN FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0THOR
ReturnHeader/Filer/EIN0366102493
ReturnHeader/Filer/PhoneNum08282605480
ReturnHeader/Filer/USAddress/AddressLine1Txt0CO M THORESEN 2725 WOODRIDGE CHA
ReturnHeader/Filer/USAddress/CityNm0CANTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030114
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560574444
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHERRY BEKAERT LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01075 PEACHTREE STREET NE SUITE 2200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030309
ReturnHeader/PreparerPersonGrp/PhoneNum04042090954
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMANDA ADAMS
ReturnHeader/ReturnTs02021-11-03T10:00:58-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0THORESEN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$39.1$0.00$39.1$2.76$1.92$0.84
2023Detailed filing. Detailed filing data is available for this year.$38.2$0.00$38.2$0.53$2.76$2.23
2022Detailed filing. Detailed filing data is available for this year.$40.4$0.00$40.4$0.47$1.85$1.37
2021Detailed filing. Detailed filing data is available for this year.$41.7$0.00$41.7$3.63$1.23$2.40
2020Detailed filing. Detailed filing data is available for this year.$39.3$0.00$39.3$5.73$1.21$4.52
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.
2018Detailed filing. Detailed filing data is available for this year.$34.1$0.00$34.1$1.36$2.26$0.91