Thundercloud Subs Turkey Trot
EIN: 273388555 · Austin, TX · NTEE: T31
| Metric | Value |
|---|---|
| Total Revenue | $858K |
| Total Expenses | $531K |
| Net Assets | $15K |
Is Thundercloud Subs Turkey Trot Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thundercloud Subs Turkey Trot
Thundercloud Subs Turkey Trot (EIN: 273388555) is a nonprofit organization based in Austin, TX, classified under NTEE code T31. The organization reported total revenue of $858K and total assets of $59K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thundercloud Subs Turkey Trot's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thundercloud Subs Turkey Trot is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $520K |
| Total Expenses | $531K |
| Surplus / Deficit | $-11,683 |
| Total Assets | $33K |
| Total Liabilities | $18K |
| Net Assets | $15K |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 55.0% |
| Months of Reserves | 0.7 months |
Financial Health Grade: D
In 2023, Thundercloud Subs Turkey Trot reported a deficit of $12K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 55.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Thundercloud Subs Turkey Trot's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.0% | -4.4% | -26.2% |
| 2022 | +86.6% | +144.2% | -80.2% |
| 2021 | -57.8% | -62.2% | +231.2% |
| 2020 | -3.9% | -3.7% | +65.0% |
| 2019 | +4.9% | +0.5% | +227.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thundercloud Subs Turkey Trot 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 Thundercloud Subs Turkey Trot 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 $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 55.0%.
Frequently Asked Questions about Thundercloud Subs Turkey Trot
Is Thundercloud Subs Turkey Trot a legitimate charity?
Thundercloud Subs Turkey Trot (EIN: 273388555) is a registered tax-exempt nonprofit based in Texas. It has 12 years of IRS 990 filings on record. Total revenue: $858K. No red flags identified. Financial health grade: D.
How does Thundercloud Subs Turkey Trot spend its money?
Thundercloud Subs Turkey Trot reported $858K 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 Thundercloud Subs Turkey Trot tax-deductible?
Thundercloud Subs Turkey Trot is registered as a tax-exempt nonprofit (EIN: 273388555). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Thundercloud Subs Turkey Trot located?
Thundercloud Subs Turkey Trot is headquartered in Austin, Texas and files with the IRS under EIN 273388555. It is classified under NTEE code T31.
How many years of IRS 990 filings does Thundercloud Subs Turkey Trot have?
Thundercloud Subs Turkey Trot 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 $858K in total revenue.
Filing History
IRS 990 filing history for Thundercloud Subs Turkey Trot showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Thundercloud Subs Turkey Trot's revenue has declined by 1.9%, moving from $530K to $520K. Total assets increased by 76.5% over the same period, from $19K to $33K. Total functional expenses fell by 0.3%, from $533K to $531K. In its most recent filing year (2023), Thundercloud Subs Turkey Trot reported a deficit of $12K, with expenses exceeding revenue. The organization holds $18K in liabilities against $33K in assets (debt-to-asset ratio: 55.0%), resulting in net assets of $15K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $520K | $531K | $33K | $18K | — | View 990 |
| 2022 | $495K | $556K | $45K | $18K | — | View 990 |
| 2021 | $265K | $228K | $226K | $138K | — | View 990 |
| 2020 | $629K | $602K | $68K | $18K | — | View 990 |
| 2019 | $654K | $625K | $41K | $18K | — | View 990 |
| 2018 | $624K | $622K | $13K | $19K | — | View 990 |
| 2017 | $654K | $637K | $10K | $18K | — | View 990 |
| 2016 | $579K | $560K | $29K | $20K | — | View 990 |
| 2015 | $598K | $598K | $31K | $8K | — | View 990 |
| 2014 | $605K | $613K | $23K | $130 | — | View 990 |
| 2013 | $625K | $597K | $36K | $130 | — | View 990 |
| 2012 | $530K | $533K | $19K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $520K, expenses of $531K, and assets of $33K (revenue +5.0% year-over-year).
- 2022: Revenue of $495K, expenses of $556K, and assets of $45K (revenue +86.6% year-over-year).
- 2021: Revenue of $265K, expenses of $228K, and assets of $226K (revenue -57.8% year-over-year).
- 2020: Revenue of $629K, expenses of $602K, and assets of $68K (revenue -3.9% year-over-year).
- 2019: Revenue of $654K, expenses of $625K, and assets of $41K (revenue +4.9% year-over-year).
- 2018: Revenue of $624K, expenses of $622K, and assets of $13K (revenue -4.6% year-over-year).
- 2017: Revenue of $654K, expenses of $637K, and assets of $10K (revenue +12.9% year-over-year).
- 2016: Revenue of $579K, expenses of $560K, and assets of $29K (revenue -3.2% year-over-year).
- 2015: Revenue of $598K, expenses of $598K, and assets of $31K (revenue -1.1% year-over-year).
- 2014: Revenue of $605K, expenses of $613K, and assets of $23K (revenue -3.2% year-over-year).
- 2013: Revenue of $625K, expenses of $597K, and assets of $36K (revenue +18.0% year-over-year).
- 2012: Revenue of $530K, expenses of $533K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thundercloud Subs Turkey Trot:
Data Sources and Methodology
This transparency report for Thundercloud Subs Turkey Trot 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.