Civic Intelligence

Thunderbolt Council Inc

EIN 20-4415122 • 501(c)3 • Westfield, MA

Profile

The thunderbolt council, inc is charged with supporting and prompting the mission and personnel of the 104th fighter wing of the massachusetts air national guard. Activities include but are not limited to organizing, supporting, promoting, and managing air shows and activities.

175 Falcon DrWestfield, MA 01085

thunderboltcouncil.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

77th percentile

23%

Higher net margin than 77% 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

65th percentile

7.2%

Faster asset growth than 65% of similar nonprofits.

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

Revenue Growth

6th percentile

-89%

Faster revenue growth than 6% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$410,654

Up $27,552 (+7.2%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$410,654

Up $27,552 (+7.2%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin77th percentile

Revenue

Down

$119,158

Down $1,011,724 (-89%) from 2023

Expenses

Down

$91,606

Down $800,218 (-90%) from 2023

Net Income

Down

$27,552

Down $211,506 (-88%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

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

$600K$400K$200K$0Assets 2017: $212,229Liabilities 2017: $0Net Assets 2017: $212,2292017Assets 2018: $191,802Liabilities 2018: $0Net Assets 2018: $191,8022018Assets 2019: $160,162Liabilities 2019: $0Net Assets 2019: $160,1622019Assets 2023: $383,102Liabilities 2023: $0Net Assets 2023: $383,1022023Assets 2024: $410,654Liabilities 2024: $0Net Assets 2024: $410,6542024

Highlighted filing

2024

Assets$410,654
Liabilities$0
Net Assets$410,654
Open 2024 Filing

Operations Trend

Revenue Growth6th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $457,929Expenses 2017: $326,634Net Income 2017: $131,2952017Revenue 2018: $64,389Expenses 2018: $84,834Net Income 2018: -$20,4452018Revenue 2019: $22Expenses 2019: $31,662Net Income 2019: -$31,6402019Revenue 2023: $1,130,882Expenses 2023: $891,824Net Income 2023: $239,0582023Revenue 2024: $119,158Expenses 2024: $91,606Net Income 2024: $27,5522024

Highlighted filing

2024

Revenue$119,158
Expenses$91,606
Net Income$27,552
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$410,654
Liabilities
$0
Net assets
$410,654
Revenue
$119,158
Expenses
$91,606
Net income
$27,552
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.12$0.09$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$1.13$0.89$0.24
2019Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.00$0.03$0.03
2018Summary only. Only limited summary data is available for this year.$0.19$0.00$0.19$0.06$0.08$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.46$0.33$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$119,158
Mission and Program Overview

Mission

The Thunderbolt Council Inc. is charged with supporting and promoting the mission and personnel of the 104th Fighter Wing(104FW)of the Massachusetts Air National Guard. Activities of the corporation include, but are not limited to organizing, supporting, promoting, coordinating,and managing air shows (Open House events) and all related activities and events on behalf of the 104th Fighter Wing.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
EXPENSES INCURRED FOR ANNUAL AWARDS BANQUET IN PROMOTING THE MISSION AND PERSONAL OF THE 104TH FIGHTER WING OF THE MA AIR NATIONAL GUARD.-$38,990
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDWARD GUNNINGTreasurerPT$0--
GARY HAGARPresident-$0--
JAMES HALLEYDirector-$0--
FRED LIQUORIDirector-$0--
GALEN WILSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Thunderbolt Council Inc
EIN
20-4415122
In Care Of
% EDWARD GUNNING
Phone
8606234620
Address
175 FALCON DR, WESTFIELD, MA 01085

Signing Officer

Name
Edward Gunning
Title
Treasurer
Phone
8607069654
Signed
2025-11-13
Discuss with paid preparer
Yes

Preparer

Firm
KGR Tax & Accounting
Address
54 Mainline Dr Suite G, Westfield, MA 01085
Preparer
Keith G Roy Ea
Phone
4136421965
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountAIRSHOW 395AWARDS BANQUET 38,990COMMUNITY SUPPORT 10,212ADMIN 1,072WELLNESS CENTER 10,911OTHER EXPENSES 13,514RECEPTIONS 8,954PROFESSIONAL DEVELOPEMENT 6,358”

General explanation attachment

“The organizations primary exempt purpose: the thunderbolt council, inc is charged with supporting and prompting the mission and personnel of the 104th fighter wing of the massachusetts air national guard. Activities include but are not limited to organizing, supporting, promoting, and managing air shows and activities.”

Raw XML Appendix160 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.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt090406
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt038990
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TanningServicesProvidedInd0false
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://THUNDERBOLTCOUNCIL.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt091109
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt06006
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt097115
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01246695
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountAIRSHOW 395AWARDS BANQUET 38,990COMMUNITY SUPPORT 10,212ADMIN 1,072WELLNESS CENTER 10,911OTHER EXPENSES 13,514RECEPTIONS 8,954PROFESSIONAL DEVELOPEMENT 6,358
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE: THE THUNDERBOLT COUNCIL, INC IS CHARGED WITH SUPPORTING AND PROMPTING THE MISSION AND PERSONNEL OF THE 104TH FIGHTER WING OF THE MASSACHUSETTS AIR NATIONAL GUARD. ACTIVITIES INCLUDE BUT ARE NOT LIMITED TO ORGANIZING, SUPPORTING, PROMOTING, AND MANAGING AIR SHOWS AND ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1General explanation attachment
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD GUNNING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08607069654
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THUNDERBOLT COUNCIL INC
ReturnHeader/Filer/BusinessNameControlTxt0THUN
ReturnHeader/Filer/EIN0204415122
ReturnHeader/Filer/InCareOfNm0% EDWARD GUNNING
ReturnHeader/Filer/PhoneNum08606234620
ReturnHeader/Filer/USAddress/AddressLine1Txt0175 FALCON DR
ReturnHeader/Filer/USAddress/CityNm0WESTFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001085
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001085
ReturnHeader/PreparerPersonGrp/PhoneNum04136421965
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEITH G ROY EA
ReturnHeader/ReturnTs02025-11-13T14:59:41-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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