Civic Intelligence

Thunder Inc

EIN 20-3940477 • 501(c)3 • Collierville, TN

Profile

The purposes of the corporation are to instill the qualities necessary to make studen-athletes the leaders of tomorrow throught the sport of swimming.

1880 Wold River BlvdCollierville, TN 38017

www.memphisthunder.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.00x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.00x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

63rd percentile

9.8%

Higher net margin than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

40th percentile

-9.6%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$295,700

Up $42,531 (+17%) from 2023

Liabilities

Down

$945

Down $1,581 (-63%) from 2023

Net Assets

Up

$294,755

Up $44,112 (+18%) from 2023

Revenue

Down

$451,570

Down $47,695 (-9.6%) from 2023

Expenses

Up

$407,458

Up $27,609 (+7.3%) from 2023

Net Income

Down

$44,112

Down $75,304 (-63%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $67,676Liabilities 2011: $6,550Net Assets 2011: $61,1262011Assets 2012: $97,069Liabilities 2012: $8,374Net Assets 2012: $88,6952012Assets 2013: $128,945Liabilities 2013: $11,765Net Assets 2013: $117,1802013Assets 2014: $170,245Liabilities 2014: $10,051Net Assets 2014: $160,1942014Assets 2015: $129,444Liabilities 2015: $6,961Net Assets 2015: $122,4832015Assets 2016: $132,758Liabilities 2016: $4,046Net Assets 2016: $128,7122016Assets 2017: $170,292Liabilities 2017: $2,266Net Assets 2017: $168,0262017Assets 2018: $134,193Liabilities 2018: $11,569Net Assets 2018: $122,6242018Assets 2019: $99,896Liabilities 2019: $3,601Net Assets 2019: $96,2952019Assets 2020: $62,852Liabilities 2020: $54,889Net Assets 2020: $7,9632020Assets 2021: $67,990Liabilities 2021: $3,855Net Assets 2021: $64,1352021Assets 2022: $136,547Liabilities 2022: $3,206Net Assets 2022: $133,3412022Assets 2023: $253,169Liabilities 2023: $2,526Net Assets 2023: $250,6432023Assets 2024: $295,700Liabilities 2024: $945Net Assets 2024: $294,7552024

Highlighted filing

2024

Assets$295,700
Liabilities$945
Net Assets$294,755

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $235,765Expenses 2011: $231,196Net Income 2011: $4,5692011Revenue 2012: $286,405Expenses 2012: $258,836Net Income 2012: $27,5692012Revenue 2013: $328,905Expenses 2013: $300,420Net Income 2013: $28,4852013Revenue 2014: $397,107Expenses 2014: $354,093Net Income 2014: $43,0142014Revenue 2015: $347,059Expenses 2015: $384,770Net Income 2015: -$37,7112015Revenue 2016: $372,675Expenses 2016: $366,446Net Income 2016: $6,2292016Revenue 2017: $454,854Expenses 2017: $415,540Net Income 2017: $39,3142017Revenue 2018: $370,126Expenses 2018: $415,528Net Income 2018: -$45,4022018Revenue 2019: $371,205Expenses 2019: $397,534Net Income 2019: -$26,3292019Revenue 2020: $207,329Expenses 2020: $295,661Net Income 2020: -$88,3322020Revenue 2021: $385,290Expenses 2021: $329,118Net Income 2021: $56,1722021Revenue 2022: $392,902Expenses 2022: $323,696Net Income 2022: $69,2062022Revenue 2023: $499,265Expenses 2023: $379,849Net Income 2023: $119,4162023Revenue 2024: $451,570Expenses 2024: $407,458Net Income 2024: $44,1122024

Highlighted filing

2024

Revenue$451,570
Expenses$407,458
Net Income$44,112

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$0.01$2.95$4.52$4.07$0.44
2023Detailed filing. Detailed filing data is available for this year.$2.53$0.03$2.51$4.99$3.80$1.19
2022Detailed filing. Detailed filing data is available for this year.$1.37$0.03$1.33$3.93$3.24$0.69
2021Detailed filing. Detailed filing data is available for this year.$0.68$0.04$0.64$3.85$3.29$0.56
2020Detailed filing. Detailed filing data is available for this year.$0.63$0.55$0.08$2.07$2.96$0.88
2019Summary only. Only limited summary data is available for this year.$1.00$0.04$0.96$3.71$3.98$0.26
2018Summary only. Only limited summary data is available for this year.$1.34$0.12$1.23$3.70$4.16$0.45
2017Summary only. Only limited summary data is available for this year.$1.70$0.02$1.68$4.55$4.16$0.39
2016Summary only. Only limited summary data is available for this year.$1.33$0.04$1.29$3.73$3.66$0.06
2015Summary only. Only limited summary data is available for this year.$1.29$0.07$1.22$3.47$3.85$0.38
2014Summary only. Only limited summary data is available for this year.$1.70$0.10$1.60$3.97$3.54$0.43
2013Summary only. Only limited summary data is available for this year.$1.29$0.12$1.17$3.29$3.00$0.28
2012Summary only. Only limited summary data is available for this year.$0.97$0.08$0.89$2.86$2.59$0.28
2011Summary only. Only limited summary data is available for this year.$0.68$0.07$0.61$2.36$2.31$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 10, 2025
Return Version
2024v5.2
Gross Receipts
$454,899
Mission and Program Overview

Mission

The purposes of the corporation are to install the qualities necessary to make student- athletes the leaders of tomorrow through the sport of swimming.

The purposes ofthe corporation are to instill the qualities necessary to make student-athletes the leaders of tomorrow throght the sport of swimming

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$238,113$282,225▲ $44,112
Cash and Non-Interest-Bearing Accounts$240,881$281,769▲ $40,888
Land, Buildings, and Equipment, Net$12,137$13,780▲ $1,643
Cap Stk Tr Prin Current Funds$12,530$12,530→ $0
Accounts Receivable$151$151→ $0
Total Assets$253,169$295,700▲ $42,531
Liabilities
Accounts Payable and Accrued Expenses$2,526$945▼ $1,581
Total Liabilities$2,526$945▼ $1,581
Net Assets / Fund Balance
Total Net Assets Fund Balance$250,643$294,755▲ $44,112
Total Liabilities and Net Assets / Fund Balance$253,169$295,700▲ $42,531

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$13,760$106,047-
Equipment$20$5,216-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daniel C SchultzDirector/coachFT$80,000$80,000

Board Members and Trustees

NameTitle
Pete NaldozaPresident
Amy MccoyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$275,078
Program Service Revenue
$176,498
Investment Income
$4,740
Other Revenue
$-4,746
All Other Contributions
$22,052
Change in Net Assets
$44,112
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$214,293
Other Expenses$171,113
Grants and Similar Amounts Paid$22,052
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$119,350$0$0$119,350
Current Officers, Directors, Trustees, and Key Employees$72,000$8,000$0$80,000
Travel$52,579$0$0$52,579
Grants to Domestic Orgs$22,052--$22,052
Occupancy$21,210$0$0$21,210
Depreciation Depletion$16,134$0$0$16,134
Office Expenses$14,962$0$0$14,962
Payroll Taxes$14,313$630$0$14,943
Information Technology$6,834$759$0$7,593
Fees for Services Accounting$0$4,200$0$4,200
All Other Expenses$1,250$0$0$1,250
Insurance$1,025$0$0$1,025
Other Expenses$711$0$0$711
Advertising$156$0$0$156
Total Functional Expenses$393,869$13,589$0$407,458
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
St GeorgesCollierville, TN501(c)To further the mission of the organiation$22,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Thunder Inc
EIN
20-3940477
Phone
9013401819
Address
1880 Wold River Blvd, Collierville, TN 38017
Doing Business As
St Georges Aquatic Center

Signing Officer

Name
Pete Naldoza
Title
Principal Officer
Phone
9013401819
Signed
2025-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pete Naldoza
Formed
2005
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
4
Employees
5
Volunteers
10

Preparer

Firm
Susan K Babina CPA
Address
8730 River Hollow Dr, Cordova, TN 38016
Preparer
Susan Babina
Phone
9013401819
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Organizations process to review Form 990 after the Form 990 is received from the preparer. The president and Treasurer review the return before filing. Subsequently, the return is presented for further review at the next meeting of the Board of Directors.

Pt VI, Line 19

Governing documents disclosure explanation the annual Form 990 is made available on the Tennessee State Attorney Generals website. A copy is available for review at the organizations office or by written request.

Other

Form 990 - organizations mission or most significant activities to install the qualities necessary to make student athletes the leaders of tomorrow through amateur swim competitions. Training swimmers from age 5-18 on local, state & national levels. The team consists of approximately 150 members with approximately 750 youth poarticipating in swimming.

Raw XML AppendixShowing 400 of 426 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0246788
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IRS990/PYGrantsAndSimilarPaidAmt021419
IRS990/PYInvestmentIncomeAmt02424
IRS990/PYOtherExpensesAmt0153728
IRS990/PYProgramServiceRevenueAmt0249816
IRS990/PYRevenuesLessExpensesAmt0119179
IRS990/PYSalariesCompEmpBnftPaidAmt0204702
IRS990/PYTotalExpensesAmt0379849
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0499028
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IRS990/ReconcilationRevenueExpnssAmt044112
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0176498
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0238113
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0282225
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0246788
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0255865
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0271975
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0129912
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01179618
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04740
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02424
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07181
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0175081
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0253692
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0140660
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0113289
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt077417
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0760139
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04740
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02424
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07181
IRS990ScheduleA/InvestmentIncomeCYPct00.00370
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99630
IRS990ScheduleA/PublicSupportPY509Pct00.99870
IRS990ScheduleA/PublicSupportTotal509Amt01939757
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0450159
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0500480
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0396525
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0385264
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0207329
IRS990ScheduleA/Total509Grp/TotalAmt01939757
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01946938
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt020
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05216
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt05236
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013760
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0106047
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0119807
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013780
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt022000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To further the mission of the organiation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ST GEORGES
IRS990ScheduleI/RecipientTable/RecipientEIN0621761850
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01880 WOLF RIVER
IRS990ScheduleI/RecipientTable/USAddress/CityNm0COLLIERVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd038017
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organizations process to review Form 990 after the Form 990 is received from the preparer. The president and Treasurer review the return before filing. Subsequently, the return is presented for further review at the next meeting of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Governing documents disclosure explanation the annual Form 990 is made available on the Tennessee State Attorney Generals website. A copy is available for review at the organizations office or by written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 - ORGANIZATIONS MISSION OR MOST SIGNIFICANT ACTIVITIES TO INSTALL THE QUALITIES NECESSARY TO MAKE STUDENT ATHLETES THE LEADERS OF TOMORROW THROUGH AMATEUR SWIM COMPETITIONS. TRAINING SWIMMERS FROM AGE 5-18 ON LOCAL, STATE & NATIONAL LEVELS. THE TEAM CONSISTS OF APPROXIMATELY 150 MEMBERS WITH APPROXIMATELY 750 YOUTH POARTICIPATING IN SWIMMING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0253169
IRS990/TotalAssetsEOYAmt0295700
IRS990/TotalAssetsGrp/BOYAmt0253169
IRS990/TotalAssetsGrp/EOYAmt0295700
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IRS990/TotalContributionsAmt0275078
IRS990/TotalEmployeeCnt05
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013589
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0393869
IRS990/TotalFunctionalExpensesGrp/TotalAmt0407458
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02526
IRS990/TotalLiabilitiesEOYAmt0945
IRS990/TotalLiabilitiesGrp/BOYAmt02526
IRS990/TotalLiabilitiesGrp/EOYAmt0945
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0250643
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0294755
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt02165
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0393869
IRS990/TotalProgramServiceRevenueAmt0176498
IRS990/TotalReportableCompFromOrgAmt080000
IRS990/TotalRevenueGrp/ExclusionAmt04740
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0169587
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0451570
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0295700
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt052579
IRS990/TravelGrp/TotalAmt052579
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt08918 Cardcross Cove
IRS990/USAddress/CityNm0Germantown
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IRS990/USAddress/ZIPCd038139
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Pete Naldoza

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