Rolling Thunder Inc
EIN: 521955913 · Neshanic Sta, NJ
| Metric | Value |
|---|---|
| Total Revenue | $219K |
| Total Expenses | $245K |
| Net Assets | $670K |
Is Rolling Thunder Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rolling Thunder Inc
Rolling Thunder Inc (EIN: 521955913) is a nonprofit organization based in Neshanic Sta, NJ. The organization reported total revenue of $219K and total assets of $635K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rolling Thunder Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rolling Thunder Inc is a small nonprofit that has been operating for 30 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $212K |
| Total Expenses | $245K |
| Surplus / Deficit | $-33,295 |
| Total Assets | $673K |
| Total Liabilities | $4K |
| Net Assets | $670K |
| Operating Margin | -15.7% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 32.9 months |
Financial Health Grade: B
In 2023, Rolling Thunder Inc reported a deficit of $33K with expenses exceeding revenue, holds 32.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Rolling Thunder Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.6% | -15.1% | -4.2% |
| 2022 | +13.2% | +21.0% | +8.8% |
| 2021 | +32.6% | -17.3% | +11.0% |
| 2020 | -61.8% | -28.6% | -9.8% |
| 2019 | +13.5% | -2.9% | +42.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rolling Thunder Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rolling Thunder Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Rolling Thunder Inc
Is Rolling Thunder Inc a legitimate charity?
Rolling Thunder Inc (EIN: 521955913) is a registered tax-exempt nonprofit based in New Jersey. It has 12 years of IRS 990 filings on record. Total revenue: $219K. No red flags identified. Financial health grade: B.
How does Rolling Thunder Inc spend its money?
Rolling Thunder Inc reported $219K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rolling Thunder Inc tax-deductible?
Rolling Thunder Inc is registered as a tax-exempt nonprofit (EIN: 521955913). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rolling Thunder Inc located?
Rolling Thunder Inc is headquartered in Neshanic Sta, New Jersey and files with the IRS under EIN 521955913.
How many years of IRS 990 filings does Rolling Thunder Inc have?
Rolling Thunder Inc has 12 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 $219K in total revenue.
Filing History
IRS 990 filing history for Rolling Thunder Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Rolling Thunder Inc's revenue has declined by 53.1%, moving from $452K to $212K. Total assets increased by 165.8% over the same period, from $253K to $673K. Total functional expenses fell by 56.2%, from $560K to $245K. In its most recent filing year (2023), Rolling Thunder Inc reported a deficit of $33K, with expenses exceeding revenue. The organization holds $4K in liabilities against $673K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $670K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $212K | $245K | $673K | $4K | — | View 990 |
| 2022 | $339K | $289K | $702K | $2K | — | — |
| 2021 | $300K | $239K | $645K | $2K | — | View 990 |
| 2020 | $226K | $289K | $581K | $2K | — | — |
| 2019 | $592K | $405K | $645K | $4K | — | View 990 |
| 2018 | $521K | $417K | $454K | $1K | — | View 990 |
| 2017 | $460K | $421K | $348K | $0 | — | View 990 |
| 2016 | $423K | $402K | $306K | $0 | — | View 990 |
| 2015 | $393K | $350K | $285K | $0 | — | View 990 |
| 2014 | $428K | $403K | $239K | $0 | — | View 990 |
| 2013 | $424K | $456K | $214K | $0 | — | View 990 |
| 2012 | $452K | $560K | $253K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $212K, expenses of $245K, and assets of $673K (revenue -37.6% year-over-year).
- 2022: Revenue of $339K, expenses of $289K, and assets of $702K (revenue +13.2% year-over-year).
- 2021: Revenue of $300K, expenses of $239K, and assets of $645K (revenue +32.6% year-over-year).
- 2020: Revenue of $226K, expenses of $289K, and assets of $581K (revenue -61.8% year-over-year).
- 2019: Revenue of $592K, expenses of $405K, and assets of $645K (revenue +13.5% year-over-year).
- 2018: Revenue of $521K, expenses of $417K, and assets of $454K (revenue +13.4% year-over-year).
- 2017: Revenue of $460K, expenses of $421K, and assets of $348K (revenue +8.6% year-over-year).
- 2016: Revenue of $423K, expenses of $402K, and assets of $306K (revenue +7.7% year-over-year).
- 2015: Revenue of $393K, expenses of $350K, and assets of $285K (revenue -8.3% year-over-year).
- 2014: Revenue of $428K, expenses of $403K, and assets of $239K (revenue +1.0% year-over-year).
- 2013: Revenue of $424K, expenses of $456K, and assets of $214K (revenue -6.2% year-over-year).
- 2012: Revenue of $452K, expenses of $560K, and assets of $253K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rolling Thunder Inc:
Data Sources and Methodology
This transparency report for Rolling Thunder Inc 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.