Quick charity verification for Thunder Inc (EIN: 203940477)
Verdict: Thunder Inc appears trustworthy
90/100Mission Score
$455KRevenue
$296KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, reaching $499,265 in 2023.
Significant asset accumulation, growing from $62,852 in 2020 to $253,169 in 2023.
No reported officer compensation across all filings, indicating high efficiency and dedication to mission.
Operating with a financial surplus in the last four fiscal periods, demonstrating sound financial management.
Low liabilities relative to assets, indicating strong financial health and low debt burden.
Spending Breakdown
How Thunder Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Thunder Inc
Is Thunder Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Thunder Inc (EIN: 203940477) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Thunder Inc a good charity to donate to?
Thunder Inc has a Mission Score of 90/100. Revenue: $455K. Assets: $296K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Thunder Inc?
The Employer Identification Number (EIN) for Thunder Inc is 203940477. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Thunder Inc spend its money?
Thunder Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Thunder Inc's tax-exempt status?
You can verify Thunder Inc's tax-exempt status using EIN 203940477 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Thunder Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth in recent years, peaking at $499,265 in 2023. The organization has also shown prudent financial management by consistently operating with a surplus in the last four fiscal periods, reversing a trend of deficits seen in earlier years (e.g., 2018, 2019, 2020). Their asset base has grown significantly, from $62,852 in 2020 to $253,169 in 2023, indicating increasing financial stability. The absence of officer compensation reported across all filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, enhancing their spending efficiency.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health and growth in net assets are positive indicators. The organization's consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency. The low liabilities relative to assets further underscore their sound financial standing. Overall, Thunder Inc appears to be a financially stable and efficiently managed nonprofit.