A novel halogen-free flame retardant, O,Odiethyl-O-allyl thiophosphate (DATP), which simultaneously contained phosphorus and sulfur, was synthesized through a simple method. The structure of DATP was characterized by Fourier transform infrared spectroscopy, 1 H-NMR, and mass spectroscopy. The flame-retardant copolymer was obtained by the free-radical copolymerization of DATP with acrylonitrile. The flammability and thermal degradation characteristics of the copolymer were assayed by limiting oxygen index measurement, thermogravimetric analysis, and differential scanning calorimetry. The results show that the incorporation of a small percentage of DATP into the copolymer had a significant effect on the retarding combustion of the copolymer, with the limiting oxygen index of the copolymer reaching 28.5% and the char yield being 68.63 wt % at 554 C.