Civic Intelligence

Jersey Thunder Inc.

990EZ • Fiscal year 2022 • EIN 85-2523278

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 17, 2023

5 Rochester DrBrick, NJ 08723

(732) 262-4577

Siviq Scores

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

Liabilities / Assets

68th percentile

0.00x

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

2022 filings • NTEE N • <$500k nonprofits • Source year 2022

Liabilities / Revenue

68th percentile

0.00x

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

2022 filings • NTEE N • <$500k nonprofits • Source year 2022

Net Margin

1st percentile

-431%

Higher net margin than 1% of similar nonprofits.

2022 filings • NTEE N62 • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2022 filings • NTEE N62 • <$500k nonprofits • Source year 2022

Asset Growth

3rd percentile

-74%

Faster asset growth than 3% of similar nonprofits.

2022 filings • NTEE N • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-95%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • NTEE N • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,199

Down $3,444 (-74%) from 2021

Net Assets

Down

$1,199

Down $3,444 (-74%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$800

Down $15,967 (-95%) from 2021

Expenses

Down

$4,245

Down $10,608 (-71%) from 2021

Net Income

Down

-$3,445

Down $5,359 (-280%) from 2021

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$0Assets 2020: $2,729Liabilities 2020: $0Net Assets 2020: $2,7292020Assets 2021: $4,643Liabilities 2021: $0Net Assets 2021: $4,6432021Assets 2022: $1,199Liabilities 2022: $0Net Assets 2022: $1,1992022Assets 2023: $386Liabilities 2023: $0Net Assets 2023: $3862023Assets 2024: $275Net Assets 2024: $2752024Assets 2025: $0Net Assets 2025: $02025

Highlighted filing

2022

Assets$1,199
Liabilities$0
Net Assets$1,199

Operations Trend

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

$20K$10K$0-$10KRevenue 2020: $10,161Expenses 2020: $7,432Net Income 2020: $2,7292020Revenue 2021: $16,767Expenses 2021: $14,853Net Income 2021: $1,9142021Revenue 2022: $800Expenses 2022: $4,245Net Income 2022: -$3,4452022Revenue 2023: $2,275Expenses 2023: $3,088Net Income 2023: -$8132023Revenue 2024: $4,161Expenses 2024: $4,272Net Income 2024: -$1112024Expenses 2025: $2752025

Highlighted filing

2022

Revenue$800
Expenses$4,245
Net Income-$3,445
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 17, 2023
Return Version
2022v4.1
Gross Receipts
$800
Mission and Program Overview

Mission

Jerey thunder is a basketball program dedicated to teaching the game of basketball through instruction and game play.

Program Services

DescriptionGrantsExpenses
JEREY THUNDER IS A BASKETBALL PROGRAM DEDICATED TO TEACHING THE GAME OF BASKETBALL THROUGH INSTRUCTION AND GAME PLAY.-$4,245
JEREY THUNDER IS A BASKETBALL PROGRAM DEDICATED TO TEACHING THE GAME OF BASKETBALL THROUGH INSTRUCTION AND GAME PLAY.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL NAUSEDASDirector-$0--
Filing and Contact Details

Filer

Filer Name
Jersey Thunder Inc
EIN
85-2523278
Phone
7322624577
Address
5 ROCHESTER DR, BRICK, NJ 08723

Signing Officer

Name
Michael Nausedas
Title
Director
Phone
7322624577
Signed
2023-02-17
Discuss with paid preparer
Yes

Preparer

Firm
Daniel J Destefano CPA
Address
223 DRUM POINT ROAD, BRICK, NJ 08723
Preparer
Daniel J Destefano
Phone
7329204252
Supplemental Narrative

Additional Explanations

Form 990-ez, Part III

Jerey thunder is a basketball program dedicated to teaching the game of basketball through instruction and game play.

Form 990-ez, Part III, Line 31

Jerey thunder is a basketball program dedicated to teaching the game of basketball through instruction and game play.

Raw XML Appendix112 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/BooksInCareOfDetail/PersonNm0MICHAEL NAUSEDAS
IRS990EZ/BooksInCareOfDetail/PhoneNum07322624577
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05 ROCHESTER DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BRICK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008723
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04644
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01199
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt0-3445
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/ProgramServiceRevenueAmt0800
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1JEREY THUNDER IS A BASKETBALL PROGRAM DEDICATED TO TEACHING THE GAME OF BASKETBALL THROUGH INSTRUCTION AND GAME PLAY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04245
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04245
IRS990EZ/TotalProgramServiceExpensesAmt04245
IRS990EZ/TotalRevenueAmt0800
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0800
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt016767
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt010161
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt027728
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt016767
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt010161
IRS990ScheduleA/Total509Grp/TotalAmt027728
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt016767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt010161
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt027728
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JEREY THUNDER IS A BASKETBALL PROGRAM DEDICATED TO TEACHING THE GAME OF BASKETBALL THROUGH INSTRUCTION AND GAME PLAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JEREY THUNDER IS A BASKETBALL PROGRAM DEDICATED TO TEACHING THE GAME OF BASKETBALL THROUGH INSTRUCTION AND GAME PLAY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL NAUSEDAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07322624577
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JERSEY THUNDER INC
ReturnHeader/Filer/BusinessNameControlTxt0JERS
ReturnHeader/Filer/EIN0852523278
ReturnHeader/Filer/PhoneNum07322624577
ReturnHeader/Filer/USAddress/AddressLine1Txt05 ROCHESTER DR
ReturnHeader/Filer/USAddress/CityNm0BRICK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008723
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223688327
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DANIEL J DESTEFANO CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0223 DRUM POINT ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008723
ReturnHeader/PreparerPersonGrp/PhoneNum07329204252
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL J DESTEFANO
ReturnHeader/ReturnTs02023-02-21T08:50:07-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NAUSEDAS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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