Energy From Thorium Foundation is located in Fairview Park, OH. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Energy From Thorium Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Energy From Thorium Foundation generated $3.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (32.0%) each year. All expenses for the organization totaled $5.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FACILITATE RESEARCH, DEVELOPMENT AND DEPLOYMENT OF SAFE, CLEAN AND AFFORDABLE ENERGY BASED ON LIQUID FLORIDE THORIUM REACTOR TECHNOLOGY TO BENEFIT THE WORLD.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Larson Executive Di | 2 | $0 | |
Jon Morrow Secretary | 2 | $0 | |
William Thesling Executive Ch | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,166 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,166 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,830 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,181 |
| Total expenses | $5,011 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,531 |
| Other assets | $0 |
| Total assets | $5,531 |
| Total liabilities | $12,001 |
| Net assets or fund balances | -$6,470 |