Thunder Basketball Inc
- Assets
- $57.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ringgold, GA
- Founding
- 01/2020
- Data as of
- 12/2021
- EIN
- 83-3150867
Organization Overview
Thunder Basketball Inc is located in Ringgold, GA. The organization was established in 2020. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thunder Basketball Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Thunder Basketball Inc generated $104.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $68.8k during the year ending 12/2021. While expenses have increased by 18.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION ORGANIZES LEAGUES, TOURNAMENTS AND CAMPS FOR YOUTH IN ORDER TO PROVIDE OPPORTUNITIES FOR THE YOUTH OF THE COMMUNITY TO PARTICIPATE IN BASKETBALL
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Earl Epps CEO | 30 | $0 | |
Melody Bingham Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,842 |
| Total Program Service Revenue | $79,832 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,674 |
| 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 | $62,907 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,857 |
| Total expenses | $68,764 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,190 |
| Other assets | $0 |
| Total assets | $57,190 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,190 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Thunder Basketball Inc has recieved totaling $152.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $152 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gator Bowl Association Inc Jacksonville, FL | $7,955,828 | $6,548,929 |
Alabama Sports Council Inc Birmingham, AL | $494,111 | $5,878,430 |
Tampa Bay Sports Commission Inc Tampa, FL | $4,945,852 | $6,025,191 |
Southern Conference Spartanburg, SC | $8,107,664 | $4,767,316 |
Orlando After-School All-Stars Inc Orlando, FL | $1,865,607 | $3,872,306 |
National Junior College Athletic Association Charlotte, NC | $4,854,958 | $4,218,539 |
Florida Region Of Usa Volleyball Inc Eustis, FL | $2,318,031 | $2,530,772 |
Caps International Inc Miami, FL | $637,848 | $2,567,379 |
South Atlantic Conference Rock Hill, SC | $873,899 | $2,375,914 |
Palm Beach Masters Horse Show Inc Wellington, FL | $0 | $140,372 |
Mobile Alabama Bowl Inc Mobile, AL | $1,066,135 | $1,992,885 |
Running Zone Foundation Inc Melbourne, FL | $222,615 | $1,393,967 |