Millville Thunderbolt Club
Millville Thunderbolt Club consistently grows assets with zero liabilities and no officer compensation.
EIN: 204084210 · Millville, NJ · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $260K |
| Total Expenses | $132K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $500,000. |
| Net Assets | $515K |
| Transparency Score | 92/100 |
Is Millville Thunderbolt Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Millville Thunderbolt Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Millville Thunderbolt Club
Millville Thunderbolt Club (EIN: 204084210) is a nonprofit organization based in Millville, NJ, classified under NTEE code B82. The organization reported total revenue of $260K and total assets of $656K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Millville Thunderbolt Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Millville Thunderbolt Club is a small nonprofit that has been operating for 16 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $202K |
| Total Expenses | $132K |
| Surplus / Deficit | +$70K |
| Total Assets | $515K |
| Net Assets | $515K |
| Operating Margin | 34.8% |
| Months of Reserves | 47.0 months |
Financial Health Grade: A
In 2023, Millville Thunderbolt Club reported a surplus of $70K with revenue exceeding expenses, holds 47.0 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2016–2023), Millville Thunderbolt Club's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.0% | +52.2% | +15.8% |
| 2022 | +1.7% | +8.5% | +38.6% |
| 2021 | +563.2% | +0.1% | +65.5% |
| 2020 | -79.6% | -2.6% | -24.0% |
| 2019 | +4.9% | -34.5% | +36.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Millville Thunderbolt Club with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Millville Thunderbolt Club allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $70K, with revenue exceeding expenses.
Executive Compensation Analysis
The Millville Thunderbolt Club reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for an organization of its size with assets exceeding $500,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Millville Thunderbolt Club:
- Consistent asset growth, from $120,187 in 201612 to $515,291 in 202312.
- Zero reported liabilities across all filing periods, indicating strong financial management.
- 0% officer compensation reported, ensuring funds are directed to the mission.
- Revenue consistently exceeds expenses in most recent periods, allowing for financial stability and growth.
- Strong program focus implied by efficient spending and lack of executive compensation.
Frequently Asked Questions about Millville Thunderbolt Club
Is Millville Thunderbolt Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Millville Thunderbolt Club (EIN: 204084210) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Millville Thunderbolt Club spend its money?
Millville Thunderbolt Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Millville Thunderbolt Club tax-deductible?
Millville Thunderbolt Club is registered as a tax-exempt nonprofit (EIN: 204084210). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Millville Thunderbolt Club CEO make?
Millville Thunderbolt Club's highest-compensated officer earns $500,000. annually. The organization reported $260K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Millville Thunderbolt Club's spending goes to programs?
Millville Thunderbolt Club directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Millville Thunderbolt Club compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Millville Thunderbolt Club is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Millville Thunderbolt Club located?
Millville Thunderbolt Club is headquartered in Millville, New Jersey and files with the IRS under EIN 204084210. It is classified under NTEE code B82.
How many years of IRS 990 filings does Millville Thunderbolt Club have?
Millville Thunderbolt Club has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $260K in total revenue.
Is Millville Thunderbolt Club a good charity?
Based on its financial data, the Millville Thunderbolt Club appears to be a very good charity. It consistently operates with a surplus, has zero liabilities, and reports no officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $95,748 in 201612 to $201,917 in 202312, and assets have increased from $120,187 to $515,291 in the same period, demonstrating consistent growth and stability.
Does the Millville Thunderbolt Club have any debt?
No, the Millville Thunderbolt Club has consistently reported $0 in liabilities across all its IRS 990 filings, indicating it operates debt-free.
Filing History
IRS 990 filing history for Millville Thunderbolt Club showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Millville Thunderbolt Club's revenue has grown by 110.9%, moving from $96K to $202K. Total assets increased by 328.7% over the same period, from $120K to $515K. Total functional expenses rose by 153%, from $52K to $132K. In its most recent filing year (2023), Millville Thunderbolt Club reported a surplus of $70K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $202K | $132K | $515K | $0 | — | View 990 |
| 2022 | $210K | $86K | $445K | $0 | — | View 990 |
| 2021 | $207K | $80K | $321K | $0 | — | View 990 |
| 2020 | $31K | $80K | $194K | $0 | — | View 990 |
| 2019 | $153K | $82K | $255K | $0 | — | View 990 |
| 2018 | $146K | $125K | $187K | $0 | — | View 990 |
| 2017 | $118K | $82K | $161K | $0 | — | View 990 |
| 2016 | $96K | $52K | $120K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $202K, expenses of $132K, and assets of $515K (revenue -4.0% year-over-year).
- 2022: Revenue of $210K, expenses of $86K, and assets of $445K (revenue +1.7% year-over-year).
- 2021: Revenue of $207K, expenses of $80K, and assets of $321K (revenue +563.2% year-over-year).
- 2020: Revenue of $31K, expenses of $80K, and assets of $194K (revenue -79.6% year-over-year).
- 2019: Revenue of $153K, expenses of $82K, and assets of $255K (revenue +4.9% year-over-year).
- 2018: Revenue of $146K, expenses of $125K, and assets of $187K (revenue +23.8% year-over-year).
- 2017: Revenue of $118K, expenses of $82K, and assets of $161K (revenue +23.2% year-over-year).
- 2016: Revenue of $96K, expenses of $52K, and assets of $120K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Millville Thunderbolt Club:
Data Sources and Methodology
This transparency report for Millville Thunderbolt Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.