Thursday Connection
Thursday Connection consistently operates with a surplus and zero executive compensation, showing steady growth.
EIN: 200275313 · Knoxville, TN · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $83K |
| Total Expenses | $58K |
| Program Spending | 90% |
| Net Assets | $69K |
| Transparency Score | 95/100 |
Is Thursday Connection Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Thursday Connection directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Thursday Connection
Thursday Connection (EIN: 200275313) is a nonprofit organization based in Knoxville, TN, classified under NTEE code B20. The organization reported total revenue of $83K and total assets of $88K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thursday Connection's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thursday Connection is a micro nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $58K |
| Surplus / Deficit | +$5K |
| Total Assets | $70K |
| Total Liabilities | $1K |
| Net Assets | $69K |
| Operating Margin | 8.1% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 14.5 months |
Financial Health Grade: A
In 2023, Thursday Connection reported a surplus of $5K with revenue exceeding expenses, holds 14.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Thursday Connection's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.8% | +24.7% | +27.9% |
| 2021 | -15.5% | -10.5% | +0.7% |
| 2020 | +47.4% | +13.4% | +1.7% |
| 2019 | -20.7% | +11.8% | -12.8% |
| 2018 | -1.5% | +4.0% | +10.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Thursday Connection with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Thursday Connection allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which significantly reduces administrative overhead for this small nonprofit.
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 Thursday Connection:
- Consistent operational surpluses (e.g., $5,125 in 2023)
- 0% officer compensation across all filings, indicating volunteer leadership
- Growing asset base (e.g., from $54,666 in 2021 to $69,913 in 2023)
- Low and manageable liabilities (e.g., $1,000 in 2023)
- Positive revenue growth trend
Frequently Asked Questions about Thursday Connection
Is Thursday Connection a legitimate charity?
Thursday Connection (EIN: 200275313) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 95/100. It has 12 years of IRS 990 filings on record. Total revenue: $83K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Thursday Connection spend its money?
Thursday Connection directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Thursday Connection tax-deductible?
Thursday Connection is registered as a tax-exempt nonprofit (EIN: 200275313). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Thursday Connection compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Thursday Connection is above average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Thursday Connection located?
Thursday Connection is headquartered in Knoxville, Tennessee and files with the IRS under EIN 200275313. It is classified under NTEE code B20.
How many years of IRS 990 filings does Thursday Connection have?
Thursday Connection 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 $83K in total revenue.
Is Thursday Connection a good charity?
Based on its financial filings, Thursday Connection appears to be a very good charity. It consistently operates with a surplus, has growing assets, and reports 0% officer compensation, indicating efficient use of funds directly for its mission.
How has Thursday Connection's revenue changed over time?
Thursday Connection's revenue has shown a positive trend, increasing from $45,372 in 2021 to $62,995 in 2023, and reaching $83,227 in its latest reported period, demonstrating growth.
What is Thursday Connection's approach to executive compensation?
Thursday Connection has consistently reported 0% officer compensation in all available IRS 990 filings, suggesting a volunteer-led organization with no paid executives.
How does Thursday Connection manage its liabilities?
Thursday Connection maintains very low liabilities, such as $1,000 in 2023, indicating strong financial management and minimal debt.
Filing History
IRS 990 filing history for Thursday Connection showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Thursday Connection's revenue has grown by 32%, moving from $48K to $63K. Total assets increased by 92.5% over the same period, from $36K to $70K. Total functional expenses rose by 9.5%, from $53K to $58K. In its most recent filing year (2023), Thursday Connection reported a surplus of $5K, with revenue exceeding expenses. The organization holds $1K in liabilities against $70K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $69K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $63K | $58K | $70K | $1K | — | View 990 |
| 2021 | $45K | $46K | $55K | $2K | — | — |
| 2020 | $54K | $52K | $54K | $911 | — | View 990 |
| 2019 | $36K | $46K | $53K | $2K | — | View 990 |
| 2018 | $46K | $41K | $61K | $425 | — | View 990 |
| 2017 | $47K | $39K | $55K | $-186 | — | View 990 |
| 2016 | $44K | $42K | $48K | $-258 | — | View 990 |
| 2015 | $44K | $40K | $48K | $2K | — | View 990 |
| 2014 | $47K | $41K | $41K | $1K | — | View 990 |
| 2013 | $46K | $41K | $38K | $1K | — | View 990 |
| 2012 | $39K | $45K | $31K | $657 | — | View 990 |
| 2011 | $48K | $53K | $36K | $-936 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $63K, expenses of $58K, and assets of $70K (revenue +38.8% year-over-year).
- 2021: Revenue of $45K, expenses of $46K, and assets of $55K (revenue -15.5% year-over-year).
- 2020: Revenue of $54K, expenses of $52K, and assets of $54K (revenue +47.4% year-over-year).
- 2019: Revenue of $36K, expenses of $46K, and assets of $53K (revenue -20.7% year-over-year).
- 2018: Revenue of $46K, expenses of $41K, and assets of $61K (revenue -1.5% year-over-year).
- 2017: Revenue of $47K, expenses of $39K, and assets of $55K (revenue +7.0% year-over-year).
- 2016: Revenue of $44K, expenses of $42K, and assets of $48K (revenue -1.7% year-over-year).
- 2015: Revenue of $44K, expenses of $40K, and assets of $48K (revenue -4.6% year-over-year).
- 2014: Revenue of $47K, expenses of $41K, and assets of $41K (revenue +0.4% year-over-year).
- 2013: Revenue of $46K, expenses of $41K, and assets of $38K (revenue +18.4% year-over-year).
- 2012: Revenue of $39K, expenses of $45K, and assets of $31K (revenue -17.9% year-over-year).
- 2011: Revenue of $48K, expenses of $53K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thursday Connection:
Data Sources and Methodology
This transparency report for Thursday Connection 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.