Civic Intelligence

Minnesota Thunder Academy

990 • Fiscal year 2017 • EIN 26-3017116

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

Organization Profilemnthunderacademy.org
6600 Nicollet Avenue No 209Minneapolis, MN 55423

(612) 669-1098

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.80x

Higher debt load relative to assets than 98% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.64x

Higher debt load relative to revenue than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

14th percentile

-18%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

37th percentile

$7,815

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

82nd percentile

23%

Faster asset growth than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

11th percentile

-23%

Faster revenue growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$441,613

Up $82,888 (+23%) from 2016

Net Assets

Down

-$352,593

Down $228,122 (-183%) from 2016

Liabilities

Up

$794,206

Up $311,010 (+64%) from 2016

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin14th percentile

Revenue

Down

$1,247,442

Down $374,315 (-23%) from 2016

Expenses

Up

$1,475,565

Up $25,578 (+1.8%) from 2016

Net Income

Down

-$228,123

Down $399,893 (-233%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2013: $626,954Liabilities 2013: $698,142Net Assets 2013: -$71,1882013Assets 2014: $1,096,430Liabilities 2014: $1,061,034Net Assets 2014: $35,3962014Assets 2016: $358,725Liabilities 2016: $483,196Net Assets 2016: -$124,4712016Assets 2017: $441,613Liabilities 2017: $794,206Net Assets 2017: -$352,5932017Assets 2019: $38,020Liabilities 2019: $142,891Net Assets 2019: -$104,8712019Assets 2020: $406,779Liabilities 2020: $361,502Net Assets 2020: $45,2772020Assets 2021: $779,672Liabilities 2021: $176,277Net Assets 2021: $603,3952021Assets 2022: $1,013,542Liabilities 2022: $190,833Net Assets 2022: $822,7092022Assets 2023: $2,124,907Liabilities 2023: $1,032,947Net Assets 2023: $1,091,9602023Assets 2024: $2,895,638Liabilities 2024: $1,342,469Net Assets 2024: $1,553,1692024

Highlighted filing

2017

Assets$441,613
Liabilities$794,206
Net Assets-$352,593
Open 2017 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $1,056,409Expenses 2013: $1,190,780Net Income 2013: -$134,3712013Revenue 2014: $1,489,904Expenses 2014: $1,360,747Net Income 2014: $129,1572014Revenue 2016: $1,621,757Expenses 2016: $1,449,987Net Income 2016: $171,7702016Revenue 2017: $1,247,442Expenses 2017: $1,475,565Net Income 2017: -$228,1232017Revenue 2019: $1,833,774Expenses 2019: $1,684,153Net Income 2019: $149,6212019Revenue 2020: $1,574,781Expenses 2020: $1,424,633Net Income 2020: $150,1482020Revenue 2021: $2,073,757Expenses 2021: $1,515,639Net Income 2021: $558,1182021Revenue 2022: $2,099,169Expenses 2022: $1,879,854Net Income 2022: $219,3152022Revenue 2023: $2,484,777Expenses 2023: $2,215,526Net Income 2023: $269,2512023Revenue 2024: $3,353,243Expenses 2024: $2,892,034Net Income 2024: $461,2092024

Highlighted filing

2017

Revenue$1,247,442
Expenses$1,475,565
Net Income-$228,123
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$1,256,667
Mission and Program Overview

Mission

The minnesota thunder academy is a non-profit corporation that promotes the growth, and raising the standard of youth soccer, in the state of minnesota.

The Minnesota Thunder Academy is a Non-Profit corporation that promotes the growth, and raising the standard of youth soccer in the State of Minnesota as well as developing soccer players to the best of their ability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$81,975$332,849▲ $250,874
Cash and Non-Interest-Bearing Accounts$245,654$53,676▼ $191,978
Prepaid Expenses and Deferred Charges$26,478$51,730▲ $25,252
Land, Buildings, and Equipment, Net$4,618$3,358▼ $1,260
Receivables From Officers Etc-$0-
Total Assets$358,725$441,613▲ $82,888
Liabilities
Deferred Revenue$478,531$767,132▲ $288,601
Accounts Payable and Accrued Expenses$4,664$27,074▲ $22,410
Total Liabilities$483,195$794,206▲ $311,011
Net Assets / Fund Balance
Unrestricted Net Assets$-124,470$-352,593▼ $228,123
Total Net Assets Fund Balance$-124,470$-352,593▼ $228,123
Total Liabilities and Net Assets / Fund Balance$358,725$441,613▲ $82,888

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,358$2,940$6,298
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleBaseTotal
Melissa PoorMember$7,815$7,815
Anthony PeleskaMember$75$75

Board Members and Trustees

NameTitle
Peter HaineyPresident
Craig MacBeanMember
Jack PerryMember
Jon FahningMember
Lee GoehringMember
Dan LeeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$31,356
Program Service Revenue
$1,181,824
Investment Income
$14
Other Revenue
$34,248
All Other Contributions
$31,356
Change in Net Assets
$-228,123

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,247,442
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$9,225
Total Revenue per Audited Statements
$1,256,667
Total Revenue per Form 990
$1,247,442
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$884,130
Salaries, Compensation, and Employee Benefits$591,435
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$358,622$173,917-$532,539
Occupancy$488,981$7,933-$496,914
Fees for Services Other$227,549--$227,549
Office Expenses-$80,465-$80,465
Payroll Taxes$27,440$23,566-$51,006
Fees for Services Accounting-$44,637-$44,637
Advertising-$20,634-$20,634
Insurance-$12,356-$12,356
Current Officers, Directors, Trustees, and Key Employees$75$7,815-$7,890
Depreciation Depletion$1,260--$1,260
Travel-$315-$315
Total Functional Expenses$1,103,927$371,638$0$1,475,565

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,484,790
Expenses per Audited Statements$1,475,565
Total Expenses per Form 990$1,475,565
Expenses Not Reported on Form 990$9,225
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$43,473
Fundraising Direct Expenses$9,225
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf outing$43,473$43,473-$43,473
Total Events$43,473$43,473$9,225$34,248
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“A review of the form 990 was completed by management before it is finalized.”

Form 990, Part VI, Section B, line 12C

“All policies are reviewed annually and any violations are promply addressed and corrected”

Form 990, Part VI, Section B, line 15B

“15a: Board's President does not receive compensation 15b: All Directors, Coaches, and the Administrator positions are employees of the Association. Each compensation amount is approved by the MTA board.”

Form 990, Part VI, Section C, line 19

“Copies of the organizations annual audited financial statements will be made available upon request. The organizations governing documents and conflict of interest policy are not open to the public.”

Filing and Contact Details

Filer

Filer Name
Minnesota Thunder Academy
EIN
26-3017116
Phone
6126691098
Address
6600 Nicollet Avenue No 209, Minneapolis, MN 55423

Signing Officer

Name
Pete Hainey
Title
President
Phone
6126691098
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pete Hainey
Formed
2008
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
6
Employees
56
Volunteers
90

Preparer

Firm
Malloy Montague Karnowski Radosevich
Address
5353 Wayzata Blvd Ste 410, Minneapolis, MN 55416
Preparer
Thomas A Karnowski
Phone
9525450424
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Referees : Program service expenses 49,116. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,116. Tournament Expenses : Program service expenses 4,739. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,739. Bad Debt Expense : Program service expenses 112,736. Management and general expenses 0. Fundraising expenses 0. Total expenses 112,736. Clinics and Development Expenses : Program service expenses 56,573. Management and general expenses 0. Fundraising expenses 0. Total expenses 56,573. Coaching Expenses : Program service expenses 4,385. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,385.”

Financial Statement Notes

Part X, Line 2:

“The Academy follows the recognition requirements for uncertain income tax positions as required by the FASB ASC 740-10. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The Academy has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where it operates. The Academy believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Academy's financial condition, results of operations, or cash flows. Accordingly, the Academy has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at year-end. The Academy is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods.”

Part XI, Line 2D - Other Adjustments:

“Direct expenses of fundraising 9,225.”

Part XII, Line 2D - Other Adjustments:

“Direct expenses of fundraising 9,225.”

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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/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01181824
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt031356
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt027405
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0132956
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01477
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt028234
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0221428
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt014
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0104
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01181824
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01594330
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01429973
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01265390
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01006011
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06477528
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt014
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt027
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0104
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt06698956
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01213180
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01621735
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01562929
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01266867
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01034245
IRS990ScheduleA/Total509Grp/TotalAmt06698956
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01213194
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01621757
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01562955
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01266894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01034260
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06699060
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt09225
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01475565
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt09225
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03358
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02940
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06298
IRS990ScheduleD/OtherRevenueAmt09225
IRS990ScheduleD/RevenueNotReportedAmt09225
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01247442
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Academy follows the recognition requirements for uncertain income tax positions as required by the FASB ASC 740-10. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The Academy has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where it operates. The Academy believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Academy's financial condition, results of operations, or cash flows. Accordingly, the Academy has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at year-end. The Academy is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Direct expenses of fundraising 9,225.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Direct expenses of fundraising 9,225.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03358
IRS990ScheduleD/TotalExpensesPerForm990Amt01475565
IRS990ScheduleD/TotalRevenuePerForm990Amt01247442
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01256667
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01484790
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt05000
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt05000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09225
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf outing
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt043473
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt043473
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt043473
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt043473
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt034248
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04225
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04225
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A review of the form 990 was completed by management before it is finalized.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All policies are reviewed annually and any violations are promply addressed and corrected
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt215a: Board's President does not receive compensation 15b: All Directors, Coaches, and the Administrator positions are employees of the Association. Each compensation amount is approved by the MTA board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Copies of the organizations annual audited financial statements will be made available upon request. The organizations governing documents and conflict of interest policy are not open to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Referees : Program service expenses 49,116. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,116. Tournament Expenses : Program service expenses 4,739. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,739. Bad Debt Expense : Program service expenses 112,736. Management and general expenses 0. Fundraising expenses 0. Total expenses 112,736. Clinics and Development Expenses : Program service expenses 56,573. Management and general expenses 0. Fundraising expenses 0. Total expenses 56,573. Coaching Expenses : Program service expenses 4,385. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,385.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0358725
IRS990/TotalAssetsEOYAmt0441613
IRS990/TotalAssetsGrp/BOYAmt0358725
IRS990/TotalAssetsGrp/EOYAmt0441613
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt031356
IRS990/TotalEmployeeCnt056
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0371638
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01103927
IRS990/TotalFunctionalExpensesGrp/TotalAmt01475565
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0483195
IRS990/TotalLiabilitiesEOYAmt0794206
IRS990/TotalLiabilitiesGrp/BOYAmt0483195
IRS990/TotalLiabilitiesGrp/EOYAmt0794206
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-124470
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-352593
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01103927
IRS990/TotalProgramServiceRevenueAmt01181824
IRS990/TotalReportableCompFromOrgAmt07890
IRS990/TotalRevenueGrp/ExclusionAmt034262
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01181824
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01247442
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt090
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0358725
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0441613
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0315
IRS990/TravelGrp/TotalAmt0315
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-124470
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-352593
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06600 Nicollet Avenue 209
IRS990/USAddress/CityNm0Minneapolis
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055423
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0mnthunderacademy.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Pete Hainey

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$441,613
Liabilities
$794,206
Net assets
-$352,593
Revenue
$1,247,442
Expenses
$1,475,565
Net income
-$228,123
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.90$1.34$1.55$3.35$2.89$0.46
2023Detailed filing. Detailed filing data is available for this year.$2.12$1.03$1.09$2.48$2.22$0.27
2022Detailed filing. Detailed filing data is available for this year.$1.01$0.19$0.82$2.10$1.88$0.22
2021Detailed filing. Detailed filing data is available for this year.$0.78$0.18$0.60$2.07$1.52$0.56
2020Detailed filing. Detailed filing data is available for this year.$0.41$0.36$0.05$1.57$1.42$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.14$0.10$1.83$1.68$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.79$0.35$1.25$1.48$0.23
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.48$0.12$1.62$1.45$0.17
2014Detailed filing. Detailed filing data is available for this year.$1.10$1.06$0.04$1.49$1.36$0.13
2013Detailed filing. Detailed filing data is available for this year.$0.63$0.70$0.07$1.06$1.19$0.13