Civic Intelligence

Thrust Athletic Foundation Inc

990EZ • Fiscal year 2019 • EIN 47-1971962

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 03, 2020

PO Box 682Nyack, NY 10960-0682

(917) 371-5603

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

80th percentile

25%

Higher net margin than 80% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

16th percentile

-30%

Faster asset growth than 16% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

33rd percentile

-11%

Faster revenue growth than 33% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,339

Down $562 (-30%) from 2018

Net Assets

Down

$9,486

Down $4,815 (-34%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$30,510

Down $3,697 (-11%) from 2018

Expenses

Up

$22,925

Up $360 (+1.6%) from 2018

Net Income

Down

$7,585

Down $4,057 (-35%) from 2018

Historical Trend

Balance Sheet Trend

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

$20K$10K$0-$10KAssets 2016: $2,822Net Assets 2016: $2,8222016Assets 2017: $2,659Net Assets 2017: $2,6592017Assets 2018: $1,901Net Assets 2018: $14,3012018Assets 2019: $1,339Net Assets 2019: $9,4862019Assets 2020: $867Liabilities 2020: $9,330Net Assets 2020: -$8,4632020

Highlighted filing

2019

Assets$1,339
Liabilities-
Net Assets$9,486

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2016: $45,351Expenses 2016: $44,592Net Income 2016: $7592016Revenue 2017: $34,776Expenses 2017: $34,374Net Income 2017: $4022017Revenue 2018: $34,207Expenses 2018: $22,565Net Income 2018: $11,6422018Revenue 2019: $30,510Expenses 2019: $22,925Net Income 2019: $7,5852019Revenue 2020: $10,000Expenses 2020: $19,802Net Income 2020: -$9,8022020

Highlighted filing

2019

Revenue$30,510
Expenses$22,925
Net Income$7,585
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 3, 2020
Return Version
2019v5.0
Gross Receipts
$30,510
Mission and Program Overview

Mission

The purpose of the foundation is to help the community by exposing youth to the olympic sport of fencing and the importance of higher education. The foundation will provide programs for participants after school and on the weekends from september through june to facilitate these goals. The foundation's programs intend to provide a positive environment for improving academics through tutorial assistance, excercising and learning the skill of fencing by offering scholarships for training and traveling under the guidance of an olympian to members of the rockland and westchester county communities

Program Services

DescriptionGrantsExpenses
THE PURPOSE OF THE FOUNDATION IS TO HELP THE COMMUNITY BY EXPOSING YOUTH TO THE OLYMPIC SPORT OF FENCING AND THE IMPORTANCE OF HIGHER EDUCATION. THE FOUNDATION WILL PROVIDE PROGRAMS FOR PARTICIPANTS AFTER SCHOOL AND ON THE WEEKENDS FROM SEPTEMBER THROUGH JUNE TO FACILITATE THESE GOALS. THE FOUNDATION'S PROGRAMS INTEND TO PROVIDE A POSITIVE ENVIRONMENT FOR IMPROVING ACADEMICS THROUGH TUTORIAL ASSISTANCE, EXCERCISING AND LEARNING THE SKILL OF FENCING BY OFFERING SCHOLARSHIPS FOR TRAINING AND TRAVELING UNDER THE GUIDANCE OF AN OLYMPIAN TO MEMBERS OF THE ROCKLAND AND WESTCHESTER COUNTY COMMUNITIES-$22,925
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKAIL SANKOFAChair-$0--
RONALD MCGRATHBoard Member-$0--
ED RABOWSKYBoard Member-$0--
ALEX ACEVEDOBoard Member-$0--
DAVE BASSOUNIBoard Member-$0--
VIDA SAMUELSec Board Me-$0--
Filing and Contact Details

Filer

Filer Name
Thrust Athletic Foundation Inc
EIN
47-1971962
Phone
9173715603
Address
PO BOX 682, NYACK, NY 10960-0682

Signing Officer

Name
Mikail Sankofa
Title
Chair
Phone
9173715603
Signed
2020-08-03

Preparer

Firm
Nestor Chopin CPA Pllc
Address
404 GLEN COVE AVE STE 202, SEA CLIFF, NY 11579
Preparer
Nestor Chopin
Phone
5167593400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing materials 1,329 permits and fees 7,034 non-investment depreciation 562 total 8,925

Form 990-ez, Part I, Line 20

PRIOR YEAR ADJ 0

Form 990-ez, Part II, Line 24

Equipment 10,024 10,024 less accumulated depreciation 8,123 8,685 total 1,901 1,339

Form 990-ez, Part III

The purpose of the foundation is to help the community by exposing youth to the olympic sport of fencing and the importance of higher education. The foundation will provide programs for participants after school and on the weekends from september through june to facilitate these goals. The foundation's programs intend to provide a positive environment for improving academics through tutorial assistance, excercising and learning the skill of fencing by offering scholarships for training and traveling under the guidance of an olympian to members of the rockland and westchester county communities

Form 990-ez, Part III, Line 28

The purpose of the foundation is to help the community by exposing youth to the olympic sport of fencing and the importance of higher education. The foundation will provide programs for participants after school and on the weekends from september through june to facilitate these goals. The foundation's programs intend to provide a positive environment for improving academics through tutorial assistance, excercising and learning the skill of fencing by offering scholarships for training and traveling under the guidance of an olympian to members of the rockland and westchester county communities

Raw XML Appendix141 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NESTOR CHOPIN CPA PLLC
IRS990EZ/BooksInCareOfDetail/PhoneNum05167593400
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0404 GLEN COVE AVE STE 202
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SEA CLIFF
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011579
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt030510
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07585
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01901
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01339
IRS990EZ/GrossReceiptsAmt030510
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01901
IRS990EZ/NetAssetsOrFundBalancesEOYAmt09486
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01901
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01339
IRS990EZ/OccupancyRentUtltsAndMaintAmt012500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MIKAIL SANKOFA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RONALD MCGRATH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ED RABOWSKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ALEX ACEVEDO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAVE BASSOUNI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5VIDA SAMUEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SEC BOARD ME
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01901
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01339
IRS990EZ/OtherExpensesTotalAmt08925
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE FOUNDATION IS TO HELP THE COMMUNITY BY EXPOSING YOUTH TO THE OLYMPIC SPORT OF FENCING AND THE IMPORTANCE OF HIGHER EDUCATION. THE FOUNDATION WILL PROVIDE PROGRAMS FOR PARTICIPANTS AFTER SCHOOL AND ON THE WEEKENDS FROM SEPTEMBER THROUGH JUNE TO FACILITATE THESE GOALS. THE FOUNDATION'S PROGRAMS INTEND TO PROVIDE A POSITIVE ENVIRONMENT FOR IMPROVING ACADEMICS THROUGH TUTORIAL ASSISTANCE, EXCERCISING AND LEARNING THE SKILL OF FENCING BY OFFERING SCHOLARSHIPS FOR TRAINING AND TRAVELING UNDER THE GUIDANCE OF AN OLYMPIAN TO MEMBERS OF THE ROCKLAND AND WESTCHESTER COUNTY COMMUNITIES
IRS990EZ/PrintingPublicationsPostageAmt01500
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PURPOSE OF THE FOUNDATION IS TO HELP THE COMMUNITY BY EXPOSING YOUTH TO THE OLYMPIC SPORT OF FENCING AND THE IMPORTANCE OF HIGHER EDUCATION. THE FOUNDATION WILL PROVIDE PROGRAMS FOR PARTICIPANTS AFTER SCHOOL AND ON THE WEEKENDS FROM SEPTEMBER THROUGH JUNE TO FACILITATE THESE GOALS. THE FOUNDATION'S PROGRAMS INTEND TO PROVIDE A POSITIVE ENVIRONMENT FOR IMPROVING ACADEMICS THROUGH TUTORIAL ASSISTANCE, EXCERCISING AND LEARNING THE SKILL OF FENCING BY OFFERING SCHOLARSHIPS FOR TRAINING AND TRAVELING UNDER THE GUIDANCE OF AN OLYMPIAN TO MEMBERS OF THE ROCKLAND AND WESTCHESTER COUNTY COMMUNITIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt022925
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt022925
IRS990EZ/TotalProgramServiceExpensesAmt022925
IRS990EZ/TotalRevenueAmt030510
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt030510
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt034207
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt034776
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt045351
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0144844
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0144844
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt030510
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt034207
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt034776
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt045351
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0144844
IRS990ScheduleA/TotalSupportAmt0144844
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING MATERIALS 1,329 PERMITS AND FEES 7,034 NON-INVESTMENT DEPRECIATION 562 TOTAL 8,925
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR YEAR ADJ 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT 10,024 10,024 LESS ACCUMULATED DEPRECIATION 8,123 8,685 TOTAL 1,901 1,339
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF THE FOUNDATION IS TO HELP THE COMMUNITY BY EXPOSING YOUTH TO THE OLYMPIC SPORT OF FENCING AND THE IMPORTANCE OF HIGHER EDUCATION. THE FOUNDATION WILL PROVIDE PROGRAMS FOR PARTICIPANTS AFTER SCHOOL AND ON THE WEEKENDS FROM SEPTEMBER THROUGH JUNE TO FACILITATE THESE GOALS. THE FOUNDATION'S PROGRAMS INTEND TO PROVIDE A POSITIVE ENVIRONMENT FOR IMPROVING ACADEMICS THROUGH TUTORIAL ASSISTANCE, EXCERCISING AND LEARNING THE SKILL OF FENCING BY OFFERING SCHOLARSHIPS FOR TRAINING AND TRAVELING UNDER THE GUIDANCE OF AN OLYMPIAN TO MEMBERS OF THE ROCKLAND AND WESTCHESTER COUNTY COMMUNITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PURPOSE OF THE FOUNDATION IS TO HELP THE COMMUNITY BY EXPOSING YOUTH TO THE OLYMPIC SPORT OF FENCING AND THE IMPORTANCE OF HIGHER EDUCATION. THE FOUNDATION WILL PROVIDE PROGRAMS FOR PARTICIPANTS AFTER SCHOOL AND ON THE WEEKENDS FROM SEPTEMBER THROUGH JUNE TO FACILITATE THESE GOALS. THE FOUNDATION'S PROGRAMS INTEND TO PROVIDE A POSITIVE ENVIRONMENT FOR IMPROVING ACADEMICS THROUGH TUTORIAL ASSISTANCE, EXCERCISING AND LEARNING THE SKILL OF FENCING BY OFFERING SCHOLARSHIPS FOR TRAINING AND TRAVELING UNDER THE GUIDANCE OF AN OLYMPIAN TO MEMBERS OF THE ROCKLAND AND WESTCHESTER COUNTY COMMUNITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-01-07 14:23:13Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKAIL SANKOFA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum09173715603
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THRUST ATHLETIC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0THRU
ReturnHeader/Filer/EIN0471971962
ReturnHeader/Filer/PhoneNum09173715603
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 682
ReturnHeader/Filer/USAddress/CityNm0NYACK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0109600682
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0257127226C9D81FEA4DB8AD8766A6C6D38B23706
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0257127226C9D81FEA4DB8AD8766A6C6D38B23706
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0148.74.161.67
ReturnHeader/FilingSecurityInformation/IPDt02020-08-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:36:04
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710870172
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NESTOR CHOPIN CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0404 GLEN COVE AVE STE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SEA CLIFF
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011579
ReturnHeader/PreparerPersonGrp/PhoneNum05167593400
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NESTOR CHOPIN
ReturnHeader/ReturnTs02020-08-03T11:36:04-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings