Rolling Thunder Inc
- Assets
- $4.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beaverdam, VA
- Founding
- 08/1996
- Data as of
- 12/2019
- EIN
- 56-2568641
Organization Overview
Rolling Thunder Inc is located in Beaverdam, VA. The organization was established in 1996. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rolling Thunder Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2019, Rolling Thunder Inc generated $7.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $9.8k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
SUPPORT LOCAL AND NATIONAL ROLLING THUNDER EVENTS THAT GIVE SUPPORT BACK TO VETERANS AND CHILDERN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Burroughs Chairman | 4 | $0 | |
Mark Bright Sgt At Arms | 0 | $0 | |
Deborah Stolins Board Member | 0 | $0 | |
Mike Munford Board Member | 0 | $0 | |
Melanie Mason Secratary | 3 | $0 | |
Robert Cummings Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,851 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$340 |
| Other Revenue | $0 |
| Total Revenue | $7,537 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $364 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $33 |
| Other expenses | $9,367 |
| Total expenses | $9,764 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,584 |
| Other assets | $0 |
| Total assets | $4,584 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,584 |
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