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Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 9:56 AM ET

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Stephen E. Thorne, IV

Named as an officer, director or promoter on SEC Form D filings · CA, NV · May 14, 2012 → Aug 3, 2023

14deals (issuers)
$20.9Mreported sold
306investors
16Form D filings
2012–2023years on file

Data last updated Oct 23, 2026, 5:45 PM ET · Courts (RECAP) last checked: Oct 24, 2026, 2:25 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET

The short version

Stephen E. Thorne, IV is listed as an executive officer and director on 16 SEC Form D filings by 14 issuers between May 2012 and Aug 2025. Largest by amount reported sold: Red Hill Covenant Group, LLC (Irvine, CA — commercial — 2013; $7.48M reported sold to 74 investors), Covenant Equity Fund I, LLC (Irvine, CA — commercial — 2014; $3.06M reported sold to 35 investors), Covenant Equity Fund II, LLC (Irvine, CA — commercial — 2015; $2.67M reported sold to 37 investors), Reno Covenant Group, LLC (Irvine, CA — commercial — 2013; $1.44M reported sold to 27 investors), Kansas City Covenant Group, LLC (Irvine, CA — commercial — 2014; $1.17M reported sold to 15 investors) and 9 more (all listed below).

What this means That is a lot of deals — 14 separate companies raised money with this person listed as executive officer and director, over about 13 years. Across those companies the filings report $20.9M sold in total.

Listed alongside Pamela A. Thorne (3 shared filings), Taylor Hawes (3 shared filings), Carolyn G. Ghazal, D.D.S (2 shared filings) and Carolyn S. Ghazal, D.D.S. (1 shared filing).

What this means These are the other officers, directors or promoters the companies named on the same forms — the team around Stephen. Each name links to their own page.

The issuers belong to 2 sponsor groups: Group linked by Stephen E. Thorne, IV (6 issuers, $3.52M reported sold, 2012–2013) and Covenant (2 issuers, $5.72M reported sold, 2014–2015).

What this means This person is listed across more than one sponsor team; each group page shows that team's full track record.

Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AK, AL, AR, AZ, CA, CO, CT, DC, DE, FINRA, FL, GA, HI, ID, IL, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NASAA, NC, ND, NH, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, WA, WI, WV, WY) — 9 bankruptcy cases matching the name listed in Key records below.

What this means 9 records came back. Each one is listed below with a link to the original document and a line saying why it matched. A name match is not proof it is the same person or company — read the why line and the document. Being sued or named in a release is an accusation, not a finding.

We compared 16 public filings for Stephen E. Thorne, IV and found 10 differences, 4 worth asking the sponsor about: Bankruptcy case: Melinda Thorne and Stephen Thorne; 6 filings report more than 10% of the money raised going to insiders; and more below.

What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.

What the community is saying

Community search for Stephen E. Thorne, IV has not run yet — it is joining a line of 43,821 names; searches run around the clock at the hosts' allowed rate. Searched so far: 641 names.

Community comments are quoted as written by their authors. Sources searched: Bing (site:reddit.com / site:biggerpockets.com) and Reddit's own search, plus DuckDuckGo/Brave/BiggerPockets search when they are answering.

Key records

Five things investors ask first. Items still in human review are counted, not shown.

1. Lawsuits

None found in sources searched — federal courts (CourtListener / RECAP), checked Oct 24, 2026

What was searched

Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30; recall-first rule 10-24) — federal district + bankruptcy courts State courts: not covered (one-tap state court links under Look further). PACER: not searched. · Last checked Oct 24, 2026, 2:25 AM ET.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

2. Regulatory actions

None found in sources searched — SEC enforcement releases (index scan as of Oct 24, 2026, 2:50 AM ET) · state securities regulators: 48 regulators (FINRA, NASAA, 37 states) — crawled Oct 24, 2026, 8:48 AM ET

What was searched

SEC enforcement searched: SEC litigation releases and administrative proceedings — respondent names in the sec.gov index titles (30,205 releases, 1995-09-19 to 2026-10-23); release text is read only to confirm a candidate. Names that appear only in the body of a release are not found. — Searched SEC litigation releases and administrative proceedings (1995→ / 2007→) (30,205 records as of Oct 24, 2026, 2:50 AM ET) — nothing matched Stephen E. Thorne, IV..

State securities regulators: Securities regulators searched (64,910 actions): FINRA (38,350 actions, 1995–2026), NASAA (31 actions, 2000–2026; listing starts 1997), AK Division of Banking and Securities (273 actions, 1971–2025), AL Securities Commission (880 actions, 2001–2026), AR Securities Department (1,305 actions, 1998–2026), AZ Corporation Commission Securities Division (411 actions, 2017–2026), CA DFPI (25 actions, 2007–2024; listing starts 2002 — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), CO Division of Securities (731 actions, 2001–2026; older years from the Internet Archive (snapshot of 2026-05-02)), CT Department of Banking Securities Division (940 actions, 2006–2026; older years from the Internet Archive (snapshot of 2026-04-22)), DC DISB Securities Bureau (25 actions, 2012–2026), DE DOJ Investor Protection Unit (257 actions, 1987–2026), FL Office of Financial Regulation (49 actions, 2018–2026), GA Secretary of State Securities Division (65 actions, 2015–2026; listing starts 2012), HI DCCA Securities Enforcement Branch (26 actions, 2012–2026), ID Department of Finance Securities Bureau (663 actions, 1994–2026), IL Secretary of State Securities Department (4,122 actions, 2003–2023), KS Insurance Department Securities Division (58 actions), KY Department of Financial Institutions (342 actions, 2005–2026), LA Office of Financial Institutions Securities Division (13 actions, 2010–2025; listing starts 2008), MA Secretary of the Commonwealth Securities Division (125 actions, 2012–2025; live site blocks automated access — loaded from the Internet Archive snapshot of 2026-02-04), MD Attorney General Securities Division (1,054 actions, 2004–2026), ME Office of Securities (539 actions, 2000–2026), MI LARA Corporations, Securities & Commercial Licensing Bureau (201 actions), MO Secretary of State Securities Division (919 actions, 1998–2026), MS Secretary of State Securities Division (209 actions, 1995–2026), MT Commissioner of Securities and Insurance (597 actions, 2000–2026), NC Secretary of State Securities Division (265 actions, 2004–2024), ND Securities Department (711 actions, 1990–2026; the regulator no longer publishes this list live — loaded from the Internet Archive snapshot of 2026-01-06), NH Bureau of Securities Regulation (402 actions, 2002–2026), NM Regulation and Licensing Department Securities Division (90 actions, 2010–2025), NV Secretary of State Securities Division (118 actions, 2018–2026), NY Attorney General Investor Protection Bureau (44 actions, 2012–2026), OH Division of Securities (327 actions, 1993–2006), OK Department of Securities (2,531 actions, 1998–2026), OR Division of Financial Regulation (589 actions, 1988–2026), PA Department of Banking and Securities (1,448 actions, 2008–2024; the regulator no longer publishes this list live — loaded from the Internet Archive snapshot of 2024-08-09), RI DBR Securities Division (98 actions, 2005–2025), SC Attorney General Securities Division (540 actions, 2006–2026), SD Division of Insurance – Securities Regulation (106 actions, 2017–2026), TN Department of Commerce and Insurance Securities Division (405 actions, 1992–2026), TX State Securities Board (936 actions, 1999–2026), UT Division of Securities (772 actions, 2000–2026; older years from the Internet Archive (snapshot of 2010-05-27)), VT DFR Securities Division (137 actions, 2010–2026), WA DFI (2,039 actions, 2001–2026), WI DFI Division of Securities (1,072 actions, 1998–2026), WV Securities Commission (State Auditor) (64 actions), WY Secretary of State Compliance Division (6 actions, 2016–2024) — last crawled Oct 24, 2026, 8:48 AM ET. No machine-readable public listing today for IA, IN, MN, NE, NJ, VA (see docs/state-regulators.md).

3. Bankruptcies

9 cases: 9 closed (disposition not in docket feed)

Stephen L Thorne, Jr. closed
United States Bankruptcy Court, N.D. Illinois · No. 18-04200 · Filed Feb 16, 2018 · Closed Apr 15, 2021
Role of Stephen L Thorne, Jr.: Debtor · Outcome: Case closed 2021-04-15 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 16 federal dockets); 2 people with this name in Form D filings; court in IL (not a filing state); middle initial differs
Stephen L Thorne, Jr. closed
United States Bankruptcy Court, N.D. Illinois · No. 17-32193 · Filed Oct 27, 2017 · Closed Feb 27, 2018
Role of Stephen L Thorne, Jr.: Debtor · Outcome: Case closed 2018-02-27 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 16 federal dockets); 2 people with this name in Form D filings; court in IL (not a filing state); middle initial differs
STEPHEN P. O'THORNE and DEMARISE J. HOLLAND-O'THORNE closed
United States Bankruptcy Court, D. Arizona · No. 2:14-bk-13020 · Filed Aug 21, 2014 · Closed Dec 8, 2014
Role of STEPHEN P. O'THORNE and DEMARISE J. HOLLAND-O'THORNE: Debtor · Outcome: Case closed 2014-12-08 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 16 federal dockets); 2 people with this name in Form D filings; court in AR (not a filing state); middle initial differs
Stephen E Thorne and Dina Zshan Thorne closed
United States Bankruptcy Court, S.D. Florida. · No. 13-39974 · Filed Dec 19, 2013 · Closed Apr 21, 2014
Role of Stephen E Thorne and Dina Zshan Thorne: Debtor · Outcome: Case closed 2014-04-21 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 16 federal dockets); 2 people with this name in Form D filings; court in FL (not a filing state)
Melinda Thorne and Stephen Thorne closed
United States Bankruptcy Court, C.D. California · No. 1:13-bk-17584 · Filed Dec 6, 2013 · Closed May 28, 2014
Role of Stephen Thorne: Debtor · Outcome: Case closed 2014-05-28 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 16 federal dockets); 2 people with this name in Form D filings; court in the person's filing state (CA)
Nicole M Thorne and Stephen L Thorne, Jr. closed
United States Bankruptcy Court, N.D. Illinois · No. 11-44957 · Filed Nov 4, 2011 · Closed Feb 16, 2012
Role of Stephen L Thorne, Jr.: Debtor · Outcome: Case closed 2012-02-16 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 16 federal dockets); 2 people with this name in Form D filings; court in IL (not a filing state); middle initial differs
Stephen L. Thorne and Eleanor W. Thorne closed
United States Bankruptcy Court, E.D. North Carolina · No. 09-04515 · Filed Jun 1, 2009 · Closed Jan 13, 2015
Role of Stephen L. Thorne and Eleanor W. Thorne: Debtor · Outcome: Case closed 2015-01-13 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 16 federal dockets); 2 people with this name in Form D filings; court in NC (not a filing state); middle initial differs
Stephen B Thorne closed
United States Bankruptcy Court, N.D. Illinois · No. 08-14471 · Filed Jun 5, 2008 · Closed Sep 8, 2008
Role of Stephen B Thorne: Debtor · Outcome: Case closed 2008-09-08 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 16 federal dockets); 2 people with this name in Form D filings; court in IL (not a filing state); middle initial differs
Stephen E Thorne and Dina Zshan Thorne closed
United States Bankruptcy Court, S.D. Florida. · No. 07-10540 · Filed Jan 29, 2007 · Closed Dec 10, 2007
Role of Stephen E Thorne and Dina Zshan Thorne: Debtor · Outcome: Case closed 2007-12-10 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 16 federal dockets); 2 people with this name in Form D filings; court in FL (not a filing state)
What was searched

Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not covered (one-tap state court links under Look further). PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 2:25 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

4. Differences between public sources

Comparisons cover issuers and sponsor groups — see the issuer pages under Deals

10 differences found between the filings for Stephen E. Thorne, IV — 4 worth asking about (compared 16 filings on Oct 24, 2026)

Worth asking · Dec 6, 2013 – May 28, 2014

Bankruptcy case: Melinda Thorne and Stephen Thorne — filed Dec 6, 2013

United States Bankruptcy Court, C.D. California docket "Melinda Thorne and Stephen Thorne" filed Dec 6, 2013, closed May 28, 2014. Stephen E. Thorne, IV is listed as Debtor ("Stephen Thorne"). Our match estimate: 44%.

What this means A bankruptcy filing was found. Many are old or personal and have nothing to do with the deal — but ask what it was and when it closed.

Sources
Worth asking · Jul 2, 2013 – Mar 24, 2015

6 filings report more than 10% of the money raised going to insiders

34% of the money raised went to insiders — Covenant Equity Fund II, LLC · 32% of the money raised went to insiders — Covenant Equity Fund I, LLC · 31% of the money raised went to insiders — Durango Covenant Group, LLC · 19% of the money raised went to insiders — Blue Springs Covenant Group, LLC · 13% of the money raised went to insiders — Kansas City Covenant Group, LLC · and 1 more

What this means The filing reports how much of the money raised was paid to insiders. Over 10% is high for most deals. Ask what it paid for.

Sources
Worth asking · May 14, 2012 – Mar 24, 2015

12 paid sellers are listed without a CRD number

Paid seller listed without a CRD number: Basso Family Trust, dated July 3, 1990 — Covenant Equity Fund II, LLC · Paid seller listed without a CRD number: Michael Presser — Covenant Equity Fund II, LLC · Paid seller listed without a CRD number: Basso Family Trust, dated July 3, 1990 — Covenant Equity Fund I, LLC · Paid seller listed without a CRD number: August Real Estate Enterprises, L.P. — Red Hill Covenant Group, LLC · Paid seller listed without a CRD number: August Real Estate Enterprises, L.P. — Reno Covenant Group, LLC · and 7 more

What this means Without a CRD number we cannot look a seller up on BrokerCheck. Ask who they are and whether they are registered.

Sources
Worth asking · Dec 22, 2010 – Mar 24, 2015

13 Form Ds were filed more than 15 days after the first sale

Form D filed 365 days after the first sale — Covenant Equity Fund II, LLC · Form D filed 292 days after the first sale — Covenant Equity Fund I, LLC · Form D filed 95 days after the first sale — Blue Springs Covenant Group, LLC · Form D filed 544 days after the first sale — Kansas City Covenant Group, LLC · Form D filed 165 days after the first sale — Durango Covenant Group, LLC · and 8 more

What this means Late notices are common and carry no penalty by themselves. A pattern of late paperwork is worth asking the sponsor about.

Sources
Note · Mar 24, 2014 – Mar 24, 2015

No amendment in the last 12 months on an offering that may still be open — Covenant Equity Fund II, LLC (latest filing Mar 24, 2015)

The latest filing for this offering is dated Mar 24, 2015 (first sale Mar 24, 2014). It reports $2,665,000 sold of $3,110,000 offered. No later amendment is in our index as of Oct 24, 2026.

What this means SEC rules expect a yearly amendment while an offering is still going. The raise may simply have ended — a Form D does not say when it closed. Ask the sponsor whether the offering closed, when, and at what amount.

Sources
Note · Jul 25, 2013 – May 13, 2014

No amendment in the last 12 months on an offering that may still be open — Covenant Equity Fund I, LLC (latest filing May 13, 2014)

The latest filing for this offering is dated May 13, 2014 (first sale Jul 25, 2013). It reports $3,055,000 sold of $3,070,000 offered. No later amendment is in our index as of Oct 24, 2026.

What this means SEC rules expect a yearly amendment while an offering is still going. The raise may simply have ended — a Form D does not say when it closed. Ask the sponsor whether the offering closed, when, and at what amount.

Sources
Note · Jun 1, 2012 – Jul 2, 2013

No amendment in the last 12 months on an offering that may still be open — Red Hill Covenant Group, LLC (latest filing Jul 2, 2013)

The latest filing for this offering is dated Jul 2, 2013 (first sale Jun 1, 2012). It reports $7,480,000 sold of $7,700,000 offered. No later amendment is in our index as of Oct 24, 2026.

What this means SEC rules expect a yearly amendment while an offering is still going. The raise may simply have ended — a Form D does not say when it closed. Ask the sponsor whether the offering closed, when, and at what amount.

Sources
Note · Jun 4, 2015 – Aug 7, 2026

Same name, different state: "STEPHEN THORNE" (PA) is a separate record

This page covers filings where the address state is CA or NV. A separate record, "STEPHEN THORNE" with address state PA, is listed on 7 filings — most recently by Duo Oncology Inc. (Aug 7, 2026). Both records have filings in the same period (Jun 4, 2015 to Aug 3, 2023).

What this means Two records with one name were active at the same time. That can be one person listing different company addresses, or two different people. We keep them apart until a filing ties them together. Check both pages before you decide.

Sources
Note · Aug 3, 2023 – Aug 26, 2024

Address moved from Irvine, CA to Henderson, NV — PDS Equities, LLC

The people listed on the Aug 3, 2023 filing give Irvine, CA; on the Aug 26, 2024 filing they give Henderson, NV. The address now on file (3521 Volunteer Blvd, Henderson, NV) is a registered-agent or shared-office address used by 12 issuers.

What this means A registered agent's address is a mailbox, not where the team works. Ask where the business actually operates.

Sources
Note · May 14, 2012 – Aug 18, 2025

Stephen E. Thorne, IV is listed with 2 different address states: CA, NV

CA on 14 filings (May 14, 2012 to Aug 3, 2023); NV on 2 filings (Aug 26, 2024 to Aug 18, 2025).

What this means The address on a Form D is usually the company's, not the person's home, so this often just reflects different companies. It can also mean a move. Nothing wrong by itself.

Sources
What is compared

What is compared: every Form D and D/A we hold for this subject, side by side — filing dates vs. first-sale dates (the 15-day rule), amendment timing on open offerings (the yearly-amendment expectation), amounts sold, investor counts, offering amounts and minimums across amendments, industry and size bands, addresses, how each person's name and role is written, paid sellers' CRD numbers, and (for groups) where the member companies were formed and sit. Everything is as filed by the issuer; the SEC does not check it. Differences are common and usually have ordinary explanations — we show both values, the dates, and the source so you can ask. As of Oct 24, 2026.

5. Money to insiders

0 of 16 offerings report sales commissions; 0 report finder's fees; 7 report proceeds to related persons totalling $2,975,000. (includes amounts the issuer reported as estimates)

Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Aug 18, 2025 D
PDS Equities, LLC
File 021-555014
$0$0$0 (est.)None listed on this filingEDGAR ↗
Aug 26, 2024 D
PDS Equities, LLC
File 021-522393
$0$0$0 (est.)None listed on this filingEDGAR ↗
Aug 3, 2023 D
PDS Equities, LLC
File 021-488688
$0$0$0 (est.)None listed on this filingEDGAR ↗
Mar 24, 2015 D
Covenant Equity Fund II, LLC
File 021-236477
$0$0$900,000
Covenant RE Management, Inc., a California corporation, an affiliate of the person named in Item 3, will receive up to $900,000 in connection with acquisition and development of certain properties.
Basso Family Trust, dated July 3, 1990 no CRD number reported
Michael Presser no CRD number reported
via George Elkins Mortgage Banking Company
EDGAR ↗
May 13, 2014 D
Kansas City Covenant Group, LLC
File 021-217217
$0$0$150,000
Covenant RE Management, Inc., a California corporation, an affiliate of the person named in Item 3, will receive up to $150,000 in connection with acquisition and development services.
None listed on this filingEDGAR ↗
May 13, 2014 D
Blue Springs Covenant Group, LLC
File 021-217216
$0$0$200,000
Covenant RE Management, Inc., a California corporation, an affiliate of the person named in Item 3, will receive up to $200,000.00 in connection with acquisition and development services.
None listed on this filingEDGAR ↗
May 13, 2014 D
Covenant Equity Fund I, LLC
File 021-217221
$0$0$975,000
Covenant RE Management, Inc., a California corporation, an affiliate of the person named in Item 3, will receive up to $975,000 in connection with acquisition and development of certain properties.
Basso Family Trust, dated July 3, 1990 no CRD number reportedEDGAR ↗
Jul 30, 2013 D
Durango Covenant Group, LLC
File 021-200426
$0$0$150,000
Covenant RE Management, Inc., a California corporation, the Managing Member of the Issuer will receive up to $150,000 in connection with acquisition and development of certain property.
None listed on this filingEDGAR ↗
Jul 2, 2013 D
Red Hill Covenant Group, LLC
File 021-198957
$0$0$450,000
Covenant RE Management, Inc., a California corporation, the Managing Member of the Issuer will receive up to $450,000.00 in connection with acquisition and development of certain property.
August Real Estate Enterprises, L.P. no CRD number reportedEDGAR ↗
Jul 2, 2013 D
Reno Covenant Group, LLC
File 021-198962
$0$0$150,000
Covenant RE Management, Inc., a California corporation, the Managing Member of the Issuer will receive up to $150,000.00 in connection with acquisition and development of certain property.
August Real Estate Enterprises, L.P. no CRD number reportedEDGAR ↗
Feb 27, 2013 D
Tremont Covenant Group, LLC
File 021-192438
$0$0$0
The managing member will receive up to $150,000 in connection with the acquisition and development of certain real property.
August Real Estate Enterprises, L.P. no CRD number reported
Bruce Kahl no CRD number reported
EDGAR ↗
Jun 11, 2012 D
Lafayette Covenant Group, LLC
File 021-179516
$0$0$0
The managing member of the issuer will receive $150,000 upon the issuer's acquisition of certain real property to be developed by the issuer.
August Real Estate Enterprises, L.P. no CRD number reportedEDGAR ↗
May 14, 2012 D
Brighton Covenant Group, LLC
File 021-178151
$0$0$0
The managing member will receive $150,000 upon the issuer's acquisition of certain real property to be developed by the issuer.
August Real Estate Enterprises, L.P. no CRD number reportedEDGAR ↗
May 14, 2012 D
Greeley Covenant Group, LLC
File 021-178147
$0$0$0
The managing member of the issuer will receive up to $155,000 in connection with the acquisition and development of certain real propety.
August Real Estate Enterprises, L.P. no CRD number reportedEDGAR ↗
May 14, 2012 D
Colorado Springs Covenant Group, LLC
File 021-178149
$0$0$0
The managing member of the issuer will receive $150,000 upon the issuer's acquisition of certain real property to be developed by the issuer.
August Real Estate Enterprises, L.P. no CRD number reportedEDGAR ↗
May 14, 2012 D
Fountain Covenant Group, LLC
File 021-178152
$0$0$0
The managing member of the issuer will receive $120,000 upon the issuer's acquisition of certain real property to be developed by the issuer.
August Real Estate Enterprises, L.P. no CRD number reportedEDGAR ↗
How this is counted

Counts come from Form D Items 12–15 on the filings in our index (latest filing per offering; one offering = one SEC file number; an amendment updates its offering rather than adding one). "To insiders" = gross proceeds used for payments to executive officers, directors or promoters. "—" = not reported on that filing. Amounts marked (est.) were reported as estimates. "Paid to sell it" = sales compensation recipients named on that filing (Item 12), each linked to FINRA BrokerCheck when a CRD number is reported.

Counted across every filing this person is listed on (latest filing per offering, per issuer).

Deals 14

Every issuer that named Stephen E. Thorne, IV on a Form D, newest first. A Form D is the notice a company files after it starts selling a private investment.

Other

PDS Equities, LLC

Henderson, NV · Aug 3, 2023 → Aug 18, 2025 · 3 filings
  • Aug 18, 2025 · D · $0 sold of $10,000,000 · 0 investors · min. $25,018 · role: Executive Officer, Director (President, Secretary and Treasurer of Issuer) EDGAR ↗
  • Aug 26, 2024 · D · $0 sold of $10,000,000 · 0 investors · min. $25,628 · role: Executive Officer, Director (President, Secretary, and Treasurer of Issuer) EDGAR ↗
  • Aug 3, 2023 · D · $0 sold of $20,000,000 · 0 investors · min. $25,000 · role: Executive Officer, Director (President, Secretary, and Treasruer of Issuer) EDGAR ↗

No sales reported yet as of the latest filing. Stephen is listed as executive officer, director on 3 filings for this deal.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Other / 506(b) (18,678 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

Commercial · group: Covenant

Covenant Equity Fund II, LLC

Irvine, CA · Mar 24, 2015
  • Mar 24, 2015 · D · $2,665,000 sold of $3,110,000 · 37 investors · min. $20,000 · role: Director (Stephen E. Thorne, IV, is the Member of Covenant Equity Manager, LLC, the Managing Member of the Issuer) EDGAR ↗

Raised $2.67M from 37 investors (86% of the $3.11M target) as of the latest filing. Stephen is listed as director.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Commercial / 506(b) (6,713 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

Commercial · group: Covenant

Covenant Equity Fund I, LLC

Irvine, CA · May 13, 2014
  • May 13, 2014 · D · $3,055,000 sold of $3,070,000 · 35 investors · min. $20,000 · role: Director (Stephen E. Thorne, IV, is the Member of Covenant Equity Manager LLC, the Managing Member of Issuer) EDGAR ↗

Raised $3.06M from 35 investors (100% of the $3.07M target) as of the latest filing. Stephen is listed as director.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Commercial / 506(b) (6,713 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

Commercial

Kansas City Covenant Group, LLC

Irvine, CA · May 13, 2014
  • May 13, 2014 · D · $1,165,000 sold of $1,165,000 · 15 investors · min. $20,000 · role: Director (Stephen E. Thorne, IV, is the President of Covenant RE Management, Inc., the Managing Member of Issuer) EDGAR ↗

Raised $1.17M from 15 investors (100% of the $1.17M target) as of the latest filing. Stephen is listed as director.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Commercial / 506(b) (6,713 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

Commercial

Blue Springs Covenant Group, LLC

Irvine, CA · May 13, 2014
  • May 13, 2014 · D · $1,080,000 sold of $1,080,000 · 9 investors · min. $20,000 · role: Director (Stephen E. Thorne, IV, is the President of Covenant RE Management, Inc., the Managing Member of Issuer) EDGAR ↗

Raised $1.08M from 9 investors (100% of the $1.08M target) as of the latest filing. Stephen is listed as director.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Commercial / 506(b) (6,713 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

Commercial

Durango Covenant Group, LLC

Irvine, CA · Jul 30, 2013
  • Jul 30, 2013 · D · $490,000 sold of $490,000 · 9 investors · min. $20,000 · role: Director (Stephen E. Thorne, IV, is the President of Covenant RE Management, Inc., a California corporation, the Managing Member of the Issuer.) EDGAR ↗

Raised $490K from 9 investors (100% of the $490K target) as of the latest filing. Stephen is listed as director.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

Commercial

Reno Covenant Group, LLC

Irvine, CA · Jul 2, 2013
  • Jul 2, 2013 · D · $1,440,000 sold of $1,440,000 · 27 investors · min. $20,000 · role: Director (Stephen E. Thorne, IV, is the President of Covenant RE Management, Inc., a California corporation, the Managing Member of Issuer.) EDGAR ↗

Raised $1.44M from 27 investors (100% of the $1.44M target) as of the latest filing. Stephen is listed as director.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

Commercial

Red Hill Covenant Group, LLC

Irvine, CA · Jul 2, 2013
  • Jul 2, 2013 · D · $7,480,000 sold of $7,700,000 · 74 investors · min. $25,000 · role: Director (Stephen E. Thorne, IV, is the President of Covenant RE Management, Inc., a California corporation, the Managing Member of Issuer.) EDGAR ↗

Raised $7.48M from 74 investors (97% of the $7.7M target) as of the latest filing. Stephen is listed as director.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

Tremont Covenant Group, LLC

Irvine, CA · Feb 27, 2013
  • Feb 27, 2013 · D · $625,000 sold of $625,000 · 12 investors · min. No minimum reported · role: Executive Officer (President of Covenant RE Management, Inc., the managing member of the issuer) EDGAR ↗

Raised $625K from 12 investors (100% of the $625K target) as of the latest filing. Stephen is listed as executive officer.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

Lafayette Covenant Group, LLC

Irvine, CA · Jun 11, 2012
  • Jun 11, 2012 · D · $660,000 sold of $660,000 · 17 investors · min. No minimum reported · role: Executive Officer (Stephen E. Thorne, IV is the President of Covenant RE Management, Inc., the managing member of the issuer) EDGAR ↗

Raised $660K from 17 investors (100% of the $660K target) as of the latest filing. Stephen is listed as executive officer.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

Greeley Covenant Group, LLC

Irvine, CA · May 14, 2012
  • May 14, 2012 · D · $590,000 sold of $590,000 · 17 investors · min. No minimum reported · role: Executive Officer (Stephen E. Thorne, IV, is the President of Covenant RE Management, Inc., the managing member of the issuer.) EDGAR ↗

Raised $590K from 17 investors (100% of the $590K target) as of the latest filing. Stephen is listed as executive officer.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

Fountain Covenant Group, LLC

Irvine, CA · May 14, 2012
  • May 14, 2012 · D · $440,000 sold of $440,000 · 14 investors · min. No minimum reported · role: Executive Officer (Stephen E. Thorne, IV, is the President of Covenant RE Management, Inc., the managing member of the issuer.) EDGAR ↗

Raised $440K from 14 investors (100% of the $440K target) as of the latest filing. Stephen is listed as executive officer.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

Brighton Covenant Group, LLC

Irvine, CA · May 14, 2012
  • May 14, 2012 · D · $550,000 sold of $550,000 · 19 investors · min. No minimum reported · role: Executive Officer (Stephen E. Thorne, IV, is the President of Covenant RE Management, Inc., the managing member of the issuer.) EDGAR ↗

Raised $550K from 19 investors (100% of the $550K target) as of the latest filing. Stephen is listed as executive officer.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

Colorado Springs Covenant Group, LLC

Irvine, CA · May 14, 2012
  • May 14, 2012 · D · $660,000 sold of $660,000 · 21 investors · min. No minimum reported · role: Executive Officer (Stephen E. Thorne, IV, is the President of Covenant RE Management, Inc., the managing member of the issuer.) EDGAR ↗

Raised $660K from 21 investors (100% of the $660K target) as of the latest filing. Stephen is listed as executive officer.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

Other pages with the same name (1)

Separate person records under the same name, not combined with this page. Each line says whether it shares an issuer with this record.

  • STEPHEN THORNE — PA, 2 issuers, Jun 4, 2015 → Aug 7, 2026 · no shared issuer

People around Stephen 4

Officers, directors, promoters and management entities named on the same filings, as of Oct 23, 2026, 5:45 PM ET.

PT
No photo found yet (own website and image search run after this page is viewed)
Person

Pamela A. Thorne

Director · 3 shared filings (1 issuer)

Listed on the same filings as Stephen E. Thorne, IV. Their page shows their other deals.

TH
No photo found yet (own website and image search run after this page is viewed)
Person

Taylor Hawes

Executive Officer · 3 shared filings (1 issuer)

Listed on the same filings as Stephen E. Thorne, IV. Their page shows their other deals.

CS
No photo found yet (own website and image search run after this page is viewed)
Person

Carolyn G. Ghazal, D.D.S

Director · 2 shared filings (1 issuer)

Listed on the same filings as Stephen E. Thorne, IV. Their page shows their other deals.

CS
No photo found yet (own website and image search run after this page is viewed)
Person

Carolyn S. Ghazal, D.D.S.

Director · 1 shared filing (1 issuer)

Listed on the same filings as Stephen E. Thorne, IV. Their page shows their other deals.

The team behind the deals

Sponsor group

Group linked by Stephen E. Thorne, IV

6 issuers · 6 filings · $3.52M reported sold · 2012–2013

One team, 6 deal companies. Stephen E. Thorne, IV is listed on 6 of them.

Sources

Issuers are grouped when their Form D filings share related persons, a management entity or a business address (automatic match from the filings). "Listed" marks the issuers that name Stephen E. Thorne, IV.

Sponsor group

Covenant

2 issuers · 2 filings · $5.72M reported sold · 2014–2015

One team, 2 deal companies. Stephen E. Thorne, IV is listed on 2 of them.

Sources

Issuers are grouped when their Form D filings share related persons, a management entity or a business address (automatic match from the filings). "Listed" marks the issuers that name Stephen E. Thorne, IV.

Same business address

20 other issuers file from the same address

A shared address can mean the same team, a shared office building or a registered agent. It is a lead, not a conclusion.

Registrations and other filings

Business registration (state registry / Secretary of State)

Individuals are not matched to business registrations — registries list companies, and a name alone is not enough to tie a person to one. Officers and managers appear by name inside each matched company's record on the issuer pages. Registries searched: AL (Alabama Secretary of State — Business Entity Records (arc-sos.state.al.us), searched by issuer name, data as of Oct 24, 2026); CO (Colorado Secretary of State — Business Entities in Colorado (data.colorado.gov), data as of Oct 23, 2026); CT (Connecticut Secretary of the State — Business Registry (data.ct.gov), data as of Oct 24, 2026); FL (Florida Department of State, Division of Corporations — quarterly corporate data file (Sunbiz), data as of Oct 7, 2026); NY (New York Department of State — Corporations and Other Entities (data.ny.gov: All Filings + Active Corporations), data as of Oct 20, 2026); OR (Oregon Secretary of State — Active Businesses, All (data.oregon.gov), data as of Oct 20, 2026); PA (Pennsylvania Department of State — Registered Businesses, Current (data.pa.gov), data as of Oct 6, 2026); TX (Texas Comptroller — Active Franchise Taxpayers incl. Secretary of State file data (data.texas.gov), data as of Oct 24, 2026). Registries of other states have not been searched: many publish no bulk file and require a CAPTCHA or bot challenge on their search page, which we do not bypass (Delaware, for example, offers no public bulk file).

Adviser registration (Form ADV)

None of the 14 issuers this person is listed on appears in Form ADV (searched 24,962 advisers as of Oct 2, 2026). A person is never an adviser firm; Form ADV is checked for the issuers and the management companies they are listed with.

Other offering types (Regulation A and Regulation Crowdfunding)

Searched SEC Regulation A Data Sets (Forms 1-A, 1-K, 1-Z; 2015 Q2 → 2026 Q3); SEC Crowdfunding Offerings Data Sets (Form C family; 2016 Q2 → 2026 Q3); EDGAR form index for 2026 Q3 → 2026 Q4 (51,358 records as of Oct 23, 2026, 8:41 PM ET) — nothing matched this name.

Property records none — individuals are not matched

Property records are matched to companies only, never to individuals, so none are matched to Stephen E. Thorne, IV by design. Searched property records in Hillsborough County FL (Clerk recorded-document index Oct 14, 2026 to Oct 15, 2026 + FL DOR 2026 ownership roll), Miami-Dade County FL (FL DOR 2026 ownership roll), Harris County TX (HCAD 2026 ownership roll), Dallas County TX (DCAD 2026 ownership roll), New York City ACRIS documents and PLUTO ownership rows already retrieved for other issuers, Cook County IL sale and ownership rows already retrieved for other issuers (814,874 records as of Oct 23, 2026, 8:59 PM ET) for the 14 issuers this person is listed on — nothing matched.

Public profiles and social

Websites and social links of the issuers Stephen E. Thorne, IV is listed on: none on file. No website or social profile named in Red Hill Covenant Group, LLC's SEC filings (Form C, Reg A, Form ADV; checked Oct 24, 2026). Web search for this name: #328,425 of 374,652 in line (1,386 issuers searched so far). One-tap searches: Look further ↓

Look further

One-tap searches on sites we do not index ourselves, with the name pre-filled (Irvine, CA). Each opens in a new tab; what you find there is not verified by PartnerFacts.

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