Thunder Valley Community Development Corporation

Thunder Valley CDC shows strong asset growth and no reported officer compensation over a decade of increasing revenue.

EIN: 208090454 · Porcupine, SD · NTEE: S20 · Updated: 2026-03-28

$28.2MRevenue

$21.0MAssets

90/100Mission Score (Excellent)

S20

About Thunder Valley Community Development Corporation

Thunder Valley Community Development Corporation (EIN: 208090454) is a nonprofit organization based in Porcupine, SD, classified under NTEE code S20. The organization reported total revenue of $28.2M and total assets of $21.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thunder Valley Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Thunder Valley Community Development Corporation demonstrates a strong commitment to its mission, as evidenced by its consistent growth in revenue and assets over the past decade. The organization's financial health appears robust, with assets significantly outpacing liabilities in recent years, such as $22,527,358 in assets against $1,765,307 in liabilities in 2023. This indicates a healthy balance sheet and capacity for sustained operations. While specific program spending percentages are not provided in the summary data, the overall financial trajectory suggests effective resource management.

The organization's spending efficiency can be inferred from its ability to manage expenses relative to revenue. For instance, in 2023, expenses of $7,042,480 were slightly higher than revenue of $6,733,405, indicating a period of investment or strategic spending. However, in 2021, revenue of $14,048,128 significantly exceeded expenses of $5,519,729, allowing for substantial asset growth. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a focus on directing funds towards the organization's mission rather than executive salaries.

Overall, Thunder Valley Community Development Corporation appears to be a financially sound and transparent organization. Its growth in assets and revenue, coupled with no reported officer compensation, suggests a well-managed entity dedicated to its community development goals. Further analysis of detailed program, administrative, and fundraising expenses would provide a more granular understanding of spending efficiency, but the available data paints a positive picture.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Thunder Valley Community Development Corporation with a Mission Score of 90 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Thunder Valley Community Development Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Thunder Valley Community Development Corporation consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with latest revenue of $28,213,407.

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.

Red Flags

The following concerns were identified during AI analysis of Thunder Valley Community Development Corporation's IRS 990 filings:

Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is reported under other categories or through related entities, warranting further investigation.

Strengths

The following positive indicators were identified for Thunder Valley Community Development Corporation:

Exceptional growth in revenue and assets over the past decade, demonstrating increasing capacity and impact.
Strong financial health with assets significantly exceeding liabilities in recent years (e.g., $22,527,358 assets vs. $1,765,307 liabilities in 2023).
Consistent reporting of 0% officer compensation, suggesting a strong commitment to directing funds towards programmatic activities.
Positive net assets trend, indicating financial stability and sustainability.

Frequently Asked Questions about Thunder Valley Community Development Corporation

Is Thunder Valley Community Development Corporation a good charity?

Based on the available financial data, Thunder Valley Community Development Corporation appears to be a very good charity. It demonstrates strong financial health, significant asset growth, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, suggesting resources are directed towards programs.

How has Thunder Valley CDC's financial health changed over time?

Thunder Valley CDC has shown remarkable financial growth and health over the past decade. Revenue has surged from $687,910 in 2013 to $28,213,407 (latest reported), and assets have grown from $605,366 to $20,953,082, indicating strong financial management and increasing capacity.

What is the trend in the organization's liabilities?

Liabilities have fluctuated but generally increased with the organization's growth, peaking at $8,717,512 in 2019. However, in the most recent filing (2023), liabilities were $1,765,307, significantly lower than assets of $22,527,358, indicating a healthy financial position.

Does Thunder Valley CDC pay its executives?

According to all available IRS 990 filings from 2013 to 2023, Thunder Valley Community Development Corporation consistently reports 0% officer compensation, meaning no salaries were paid to its officers during these periods.

Filing History

IRS 990 filing history for Thunder Valley Community Development Corporation showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Thunder Valley Community Development Corporation's revenue has grown by 798.9%, moving from $749K to $6.7M. Total assets increased by 10220.3% over the same period, from $218K to $22.5M. Total functional expenses rose by 911.8%, from $696K to $7.0M. In its most recent filing year (2023), Thunder Valley Community Development Corporation reported a deficit of $309K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $22.5M in assets (debt-to-asset ratio: 7.8%), resulting in net assets of $20.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$6.7M	$7.0M	$22.5M	$1.8M	—	—
2021	$14.0M	$5.5M	$24.8M	$6.4M	—	View 990
2020	$5.0M	$4.7M	$15.4M	$6.3M	—	View 990
2019	$7.9M	$5.0M	$16.9M	$8.7M	—	View 990
2018	$7.0M	$5.2M	$12.0M	$7.3M	—	View 990
2017	$5.9M	$4.8M	$8.4M	$5.7M	—	View 990
2016	$3.8M	$3.4M	$5.3M	$3.8M	—	View 990
2015	$3.4M	$2.1M	$2.4M	$295K	—	View 990
2014	$1.2M	$976K	$838K	$137K	—	View 990
2013	$688K	$544K	$605K	$80K	—	View 990
2012	$696K	$531K	$401K	$19K	—	View 990
2011	$749K	$696K	$218K	$15K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $6.7M, expenses of $7.0M, and assets of $22.5M (revenue -52.1% year-over-year).
2021: Revenue of $14.0M, expenses of $5.5M, and assets of $24.8M (revenue +178.8% year-over-year).
2020: Revenue of $5.0M, expenses of $4.7M, and assets of $15.4M (revenue -36.6% year-over-year).
2019: Revenue of $7.9M, expenses of $5.0M, and assets of $16.9M (revenue +14.2% year-over-year).
2018: Revenue of $7.0M, expenses of $5.2M, and assets of $12.0M (revenue +17.4% year-over-year).
2017: Revenue of $5.9M, expenses of $4.8M, and assets of $8.4M (revenue +54.3% year-over-year).
2016: Revenue of $3.8M, expenses of $3.4M, and assets of $5.3M (revenue +11.3% year-over-year).
2015: Revenue of $3.4M, expenses of $2.1M, and assets of $2.4M (revenue +199.5% year-over-year).
2014: Revenue of $1.2M, expenses of $976K, and assets of $838K (revenue +67.4% year-over-year).
2013: Revenue of $688K, expenses of $544K, and assets of $605K (revenue -1.2% year-over-year).
2012: Revenue of $696K, expenses of $531K, and assets of $401K (revenue -7.0% year-over-year).
2011: Revenue of $749K, expenses of $696K, and assets of $218K.

Data Sources and Methodology

This transparency report for Thunder Valley Community Development Corporation 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.