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Education : Scholarship and Financial Support

Thanks USA

Need-based scholarships and career assistance for dependents of active-duty U.S. military service members.

three stars

89.10

1390 Chain Bridge Road Suite 260
McLean, VA 22101
tel: (888) 849-8720   Web Site
EIN: 20-3973151

Board Leadership
B. Robert Okun
Chairman of the Board

CEO
Jon Rosa
President & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 89.10 three stars
  Financial 85.12 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.

ThanksUSA "thanks" the men and women of the United States armed forces by awarding need-based college, technical and vocational school scholarships for their children and spouses. Since 2006, we have awarded more than 4,500 scholarships.

ThanksUSA "thanks" the men and women of the United States armed forces by awarding need-based college, technical and vocational school scholarships for their children and spouses. Since 2006, we have awarded more than 4,500 scholarships.

Impact Information

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This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

85.12

Accountability & Transparency

four stars

96.00

This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
86.3%
  Administrative Expenses 8.6%
  Fundraising Expenses 4.9%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 0.49
  Program Expenses Growth 5.1%
  Liabilities to Assets 28.0%
All data for Financial Performance Metrics calculations was provided by Thanks USA on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Thanks USA on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Thanks USA (VA) 89.10 three stars
Seeds of Hope Charitable Trust (CO) 98.23 four stars
Central Scholarship (MD) 94.65 four stars
Step Up For Students (FL) 96.66 four stars
Futures in Education (NY) 86.19 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $950,980
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $401,059
   Related Organizations $0
   Government Grants $9,908
Total Contributions $1,361,947
   Program Service Revenue $0
Total Primary Revenue $1,361,947
   Other Revenue $-115,585
TOTAL REVENUE $1,246,362
   
EXPENSES  
   Program Expenses $1,465,158
   Administrative Expenses $119,192
   Fundraising Expenses $77,014
TOTAL FUNCTIONAL EXPENSES $1,661,364
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-415,002
   
Net Assets $836,349

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Scholarships $1,465,158 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 06/01/2020 89.10 three stars
2018-12 05/01/2020 88.37 three stars
2017-12 04/01/2019 94.64 four stars
2016-12 06/01/2018 89.39 three stars
2015-12 06/01/2017 87.62 three stars
2014-12 06/01/2016 88.30 three stars
 
CN 2.0
2013-12 08/01/2015 85.68 three stars
2012-12 05/01/2014 90.51 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 20-3973151
Name in IRS Master File THANKS USA
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 2006
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$126,666 7.62% Jon Rosa President
Other Salaries of Note
$128,750 7.74% Michele Stork Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Thanks USA (VA) 89.10 three stars
Institute for Educational Advancement (CA) 85.43 three stars
Alliance for Education (WA) 86.99 three stars
I Know I Can (OH) 95.00 four stars
Arizona Christian School Tuition Organization (AZ) 96.66 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Thanks USA
1390 Chain Bridge Road
Suite 260
McLean, VA 22101
tel: (888) 849-8720
EIN: 20-3973151

Visit Web Site

Board Leadership

B. Robert Okun
Chairman of the Board

CEO

Jon Rosa
President & CEO

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