Civic Intelligence

Thunder Struck Basketball Inc

990EZ • Fiscal year 2015 • EIN 46-5556150

Jan 01, 2015 to Dec 31, 2015 • Filed on Feb 20, 2016

12125 NW 1st LaneGainesville, FL 32607

(352) 219-9923

Siviq Scores

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

Liabilities / Assets

94th percentile

1.02x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

78th percentile

0.07x

Higher debt load relative to revenue than 78% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

33rd percentile

-3.0%

Higher net margin than 33% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$5,602

No earlier filing loaded for comparison.

Net Assets

-$119

No earlier filing loaded for comparison.

Liabilities

$5,721

No earlier filing loaded for comparison.

Revenue

$86,106

No earlier filing loaded for comparison.

Expenses

$88,725

No earlier filing loaded for comparison.

Net Income

-$2,619

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0K$4.0K$2.0K$0-$2.0KAssets 2015: $5,602Liabilities 2015: $5,721Net Assets 2015: -$1192015Assets 2016: $797Net Assets 2016: $7972016Assets 2017: $5,117Net Assets 2017: $5,1172017Assets 2018: $1,034Net Assets 2018: $1,0342018

Highlighted filing

2015

Assets$5,602
Liabilities$5,721
Net Assets-$119

Operations Trend

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

$100K$50K$0-$50KRevenue 2015: $86,106Expenses 2015: $88,725Net Income 2015: -$2,6192015Revenue 2016: $92,078Expenses 2016: $96,883Net Income 2016: -$4,8052016Revenue 2017: $40,273Expenses 2017: $35,953Net Income 2017: $4,3202017Revenue 2018: $10,923Expenses 2018: $15,006Net Income 2018: -$4,0832018

Highlighted filing

2015

Revenue$86,106
Expenses$88,725
Net Income-$2,619
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Feb 20, 2016
Return Version
2015v2.1
Gross Receipts
$89,584
Mission and Program Overview

Mission

The program will encourage physical exercise and good citizenship for boys, ages 12-15. Activities will include instruction and practice in basketball that get youth active in order to encourage physical fitness and encourage them to be self-disciplined. This will be a year round activity. We will hold our practices 2-3 times a week. During our practices we not only train kids to be physically fit, but we will also emphasize the importance of discipline, healthy nutrition, education, and staying drug and alcohol free. The organization will use donated space for practices. Any child can participate in the program free of charge; we will accept kids on first come, first serve basis. The children will not be discriminated against based upon their race, nationality or skin color.

The program will encourage physical exercise and good citizenship for boys, ages 12-15. Activities will include instruction and practice in basketball that get youth active in order to encourage physical fitness and encourage them to be self-disciplined. This will be a year round activity. We will hold our practices 2-3 times a week. During our practices we not only train kids to be physically fit, but we will also emphasize the importance of discipline, healthy nutrition, education, and staying drug and alcohol free. The organization will use donated space for practices. Any child can participate in the program free of charge; we will accept kids on first come, first serve basis. The children will not be discriminated against based upon their race, nationality or skin color. We will have two teams with approximately 10-15 kids per team. We plan on competing in approximately 10 tournaments per year per team. Currently all tournaments take place within Florida.

Program Services

DescriptionGrantsExpenses
We provided training, tutoring and physical activity utilizing youth sports as a motivator to accomplish our goals. We helped approximately 100 boys.$0$88,725
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew BrushPresidentPT$0--
Herman RidgewayTreasurerPT$0--
Chris FischerSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Thunder Struck Basketball Inc
EIN
46-5556150
In Care Of
% Matthew Brush
Phone
3522199923
Address
12125 NW 1st Lane, Gainesville, FL 32607

Signing Officer

Name
Matthew Brush
Title
President
Phone
3522199923
Signed
2016-02-20
Supplemental Narrative

Additional Explanations

Part I, line 8

| Other Revenues:, Amount:| Contributions from businesses, individuals., $69329.00|

Part I, line 16

| Other Expenses:, Amount:| Membership Fees, $1571.00| Tournament Registration Fees, $21936.00| Tutoring Fees, $2945.00| Uniform Fees, $9018.00| Travel including Airfare, Hotels, Auto Rental, $53255.00|

Part II, line 26

| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, 0.00, $5721.00|

Raw XML Appendix153 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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IRS990EZ/OtherRevenueTotalAmt069329
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IRS990EZ/PrimaryExemptPurposeTxt0The program will encourage physical exercise and good citizenship for boys, ages 12-15. Activities will include instruction and practice in basketball that get youth active in order to encourage physical fitness and encourage them to be self-disciplined. This will be a year round activity. We will hold our practices 2-3 times a week. During our practices we not only train kids to be physically fit, but we will also emphasize the importance of discipline, healthy nutrition, education, and staying drug and alcohol free. The organization will use donated space for practices. Any child can participate in the program free of charge; we will accept kids on first come, first serve basis. The children will not be discriminated against based upon their race, nationality or skin color. We will have two teams with approximately 10-15 kids per team. We plan on competing in approximately 10 tournaments per year per team. Currently all tournaments take place within Florida.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0We provided training, tutoring and physical activity utilizing youth sports as a motivator to accomplish our goals. We helped approximately 100 boys.
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IRS990EZ/TotalRevenueAmt086106
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.thunderstruckathletics.org
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0| S.No:, Amount:, Description:| 1, $69329, Contributions from businesses, individuals.|
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part III, line 12
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Revenues:, Amount:| Contributions from businesses, individuals., $69329.00|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Membership Fees, $1571.00| Tournament Registration Fees, $21936.00| Tutoring Fees, $2945.00| Uniform Fees, $9018.00| Travel including Airfare, Hotels, Auto Rental, $53255.00|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, 0.00, $5721.00|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Matthew Brush
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03522199923
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THUNDER STRUCK BASKETBALL INC
ReturnHeader/Filer/BusinessNameControlTxt0THUN
ReturnHeader/Filer/EIN0465556150
ReturnHeader/Filer/InCareOfNm0% Matthew Brush
ReturnHeader/Filer/PhoneNum03522199923
ReturnHeader/Filer/USAddress/AddressLine1Txt012125 NW 1st Lane
ReturnHeader/Filer/USAddress/CityNm0Gainesville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032607
ReturnHeader/ReturnTs02016-02-20T11:26:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings