Thunderbird Community Sports Foundation
EIN: 261712275 · Kent, WA · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $282K |
| Total Expenses | $244K |
| Net Assets | $267K |
Is Thunderbird Community Sports Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thunderbird Community Sports Foundation
Thunderbird Community Sports Foundation (EIN: 261712275) is a nonprofit organization based in Kent, WA, classified under NTEE code B90. The organization reported total revenue of $282K and total assets of $318K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thunderbird Community Sports Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thunderbird Community Sports Foundation is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $290K |
| Total Expenses | $244K |
| Surplus / Deficit | +$46K |
| Total Assets | $278K |
| Total Liabilities | $11K |
| Net Assets | $267K |
| Operating Margin | 15.9% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 13.7 months |
Financial Health Grade: A
In 2023, Thunderbird Community Sports Foundation reported a surplus of $46K with revenue exceeding expenses, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Thunderbird Community Sports Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | -15.0% | -0.3% |
| 2022 | +307.5% | +379.9% | +20.5% |
| 2021 | -25.2% | +13.0% | +8.5% |
| 2020 | -52.4% | -74.2% | +20.7% |
| 2019 | -1.8% | -3.9% | -7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thunderbird Community Sports Foundation 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 Thunderbird Community Sports Foundation 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 surplus of $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.9%.
Frequently Asked Questions about Thunderbird Community Sports Foundation
Is Thunderbird Community Sports Foundation a legitimate charity?
Thunderbird Community Sports Foundation (EIN: 261712275) is a registered tax-exempt nonprofit based in Washington. It has 13 years of IRS 990 filings on record. Total revenue: $282K. No red flags identified. Financial health grade: A.
How does Thunderbird Community Sports Foundation spend its money?
Thunderbird Community Sports Foundation reported $282K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Thunderbird Community Sports Foundation tax-deductible?
Thunderbird Community Sports Foundation is registered as a tax-exempt nonprofit (EIN: 261712275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Thunderbird Community Sports Foundation located?
Thunderbird Community Sports Foundation is headquartered in Kent, Washington and files with the IRS under EIN 261712275. It is classified under NTEE code B90.
How many years of IRS 990 filings does Thunderbird Community Sports Foundation have?
Thunderbird Community Sports Foundation has 13 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 $282K in total revenue.
Filing History
IRS 990 filing history for Thunderbird Community Sports Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Thunderbird Community Sports Foundation's revenue has grown by 336.1%, moving from $66K to $290K. Total assets increased by 573.6% over the same period, from $41K to $278K. Total functional expenses rose by 338%, from $56K to $244K. In its most recent filing year (2023), Thunderbird Community Sports Foundation reported a surplus of $46K, with revenue exceeding expenses. The organization holds $11K in liabilities against $278K in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $267K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $290K | $244K | $278K | $11K | — | View 990 |
| 2022 | $278K | $287K | $279K | $58K | — | View 990 |
| 2021 | $68K | $60K | $231K | $91 | — | View 990 |
| 2020 | $91K | $53K | $213K | $0 | — | — |
| 2019 | $192K | $205K | $177K | $2K | — | View 990 |
| 2018 | $195K | $214K | $192K | $3K | — | View 990 |
| 2017 | $234K | $185K | $209K | $2K | — | View 990 |
| 2016 | $193K | $134K | $162K | $5K | — | View 990 |
| 2015 | $133K | $125K | $99K | $0 | — | View 990 |
| 2014 | $238K | $203K | $91K | $0 | — | View 990 |
| 2013 | $138K | $112K | $163K | $0 | — | — |
| 2012 | $79K | $54K | $66K | $0 | — | View 990 |
| 2011 | $66K | $56K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $290K, expenses of $244K, and assets of $278K (revenue +4.2% year-over-year).
- 2022: Revenue of $278K, expenses of $287K, and assets of $279K (revenue +307.5% year-over-year).
- 2021: Revenue of $68K, expenses of $60K, and assets of $231K (revenue -25.2% year-over-year).
- 2020: Revenue of $91K, expenses of $53K, and assets of $213K (revenue -52.4% year-over-year).
- 2019: Revenue of $192K, expenses of $205K, and assets of $177K (revenue -1.8% year-over-year).
- 2018: Revenue of $195K, expenses of $214K, and assets of $192K (revenue -16.7% year-over-year).
- 2017: Revenue of $234K, expenses of $185K, and assets of $209K (revenue +21.7% year-over-year).
- 2016: Revenue of $193K, expenses of $134K, and assets of $162K (revenue +44.7% year-over-year).
- 2015: Revenue of $133K, expenses of $125K, and assets of $99K (revenue -44.0% year-over-year).
- 2014: Revenue of $238K, expenses of $203K, and assets of $91K (revenue +72.6% year-over-year).
- 2013: Revenue of $138K, expenses of $112K, and assets of $163K (revenue +74.4% year-over-year).
- 2012: Revenue of $79K, expenses of $54K, and assets of $66K (revenue +18.9% year-over-year).
- 2011: Revenue of $66K, expenses of $56K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thunderbird Community Sports Foundation:
Data Sources and Methodology
This transparency report for Thunderbird Community Sports Foundation 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.