Thunderbird School Of Global Management
- Assets
- $4.7m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 08/1947
- Data as of
- 06/2022
- EIN
- 86-0105586
Organization Overview
Thunderbird School Of Global Management is located in Phoenix, AZ. The organization was established in 1947. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thunderbird School Of Global Management 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 06/2022, Thunderbird School Of Global Management generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (36.3%) each year. All expenses for the organization totaled $3.4m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE GLOBAL LEADERS WHO CREATE SUSTAINABLE PROSPERITY WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED AN EDUCATION TO EXECUTIVE EDUCATION STUDENTS AND WOMEN'S ENTREPRENEURIAL PROGRAMS WORLDWIDE.
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 |
|---|---|---|---|
Michael Crow Chairman Of The Board | OfficerTrustee | 1 | $0 |
Jose Cardenas Secretary | OfficerTrustee | 1 | $0 |
Morgan Olsen Vice President & Treasurer | OfficerTrustee | 1 | $0 |
Jim O'brien Trustee | Trustee | 1 | $0 |
Richard H Stanley Vice President | OfficerTrustee | 1 | $0 |
Nancy Gonzales Vice President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
University Realty Llc Real Estate Services | 6/29/22 | $562,457 |
Low Mountain Construction Inc Construction Services | 6/29/22 | $486,515 |
Ai Corporate Advisory Llc Services | 6/29/22 | $244,544 |
Bluedrop Performance Learning Services | 6/29/22 | $135,000 |
Satoshi P Watanabe Services | 6/29/22 | $102,081 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $296,453 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $296,453 |
| Total Program Service Revenue | $2,104,139 |
| Investment income | $494 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,655,898 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $450,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $49,727 |
| Fees for services: Accounting | $51,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $70 |
| Information technology | $35,773 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $269,830 |
| All other expenses | $0 |
| Total functional expenses | $3,439,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,666,709 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $493,888 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $201,050 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $757 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,314,316 |
| Total assets | $4,676,720 |
| Accounts payable and accrued expenses | $516,839 |
| Grants payable | $0 |
| Deferred revenue | $2,215,678 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,732,517 |
| Net assets without donor restrictions | $1,927,404 |
| Net assets with donor restrictions | $16,799 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,676,720 |
Grants Awarded
Over the last fiscal year, Thunderbird School Of Global Management has awarded $34,807,565 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ASU FOUNDATION PURPOSE: TO PROVIDE SUPPORT FOR THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT AT ASU | $54,149 |
ARIZONA STATE UNIVERSITY PURPOSE: TO PROVIDE SUPPORT FOR THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT AT ASU | $34,753,416 |