Civic Intelligence

Jersey Thunder Inc.

990EZ • Fiscal year 2023 • EIN 85-2523278

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 10, 2024

Organization ProfileN/A
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

75th percentile

0.00x

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

2023 filings • NTEE N62 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.00x

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

2023 filings • NTEE N62 • <$500k nonprofits • Source year 2023

Net Margin

5th percentile

-36%

Higher net margin than 5% of similar nonprofits.

2023 filings • NTEE N62 • <$500k nonprofits • Source year 2023

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

2023 filings • NTEE N62 • <$500k nonprofits • Source year 2023

Asset Growth

5th percentile

-68%

Faster asset growth than 5% of similar nonprofits.

2023 filings • NTEE N • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

97th percentile

184%

Faster revenue growth than 97% of similar nonprofits.

2023 filings • NTEE N62 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$386

Down $813 (-68%) from 2022

Net Assets

Down

$386

Down $813 (-68%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin5th percentile

Revenue

Up

$2,275

Up $1,475 (+184%) from 2022

Expenses

Down

$3,088

Down $1,157 (-27%) from 2022

Net Income

Up

-$813

Up $2,632 (+76%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

2023

Assets$386
Liabilities$0
Net Assets$386
Open 2023 Filing

Operations Trend

Revenue Growth97th percentile

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

2023

Revenue$2,275
Expenses$3,088
Net Income-$813
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 10, 2024
Return Version
2023v4.0
Gross Receipts
$2,275
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.-$3,088
JEREY THUNDER IS A BASKETBALL PROGRAM DEDICATED TO TEACHING THE GAME OF BASKETBALL THROUGH INSTRUCTION AND GAME PLAY.--
Compensation and Service Providers
Top Officer Pay89th percentile

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
2024-03-10
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 Appendix115 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/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/BOYAmt01199
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0386
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-813
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03088
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01199
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0386
IRS990EZ/GrossReceiptsAmt02275
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01199
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0386
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01199
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0386
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL NAUSEDAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0JEREY THUNDER IS A BASKETBALL PROGRAM DEDICATED TO TEACHING THE GAME OF BASKETBALL THROUGH INSTRUCTION AND GAME PLAY.
IRS990EZ/ProgramServiceRevenueAmt02275
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0JEREY THUNDER IS A BASKETBALL PROGRAM DEDICATED TO TEACHING THE GAME OF BASKETBALL THROUGH INSTRUCTION AND GAME PLAY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1JEREY THUNDER IS A BASKETBALL PROGRAM DEDICATED TO TEACHING THE GAME OF BASKETBALL THROUGH INSTRUCTION AND GAME PLAY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03088
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt03088
IRS990EZ/TotalProgramServiceExpensesAmt03088
IRS990EZ/TotalRevenueAmt02275
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02275
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0800
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt016767
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt010161
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt030003
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt030003
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02275
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt016767
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt010161
IRS990ScheduleA/Total509Grp/TotalAmt030003
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02275
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt016767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt010161
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt030003
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/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL NAUSEDAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07322624577
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-10
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/PreparationDt02024-03-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL J DESTEFANO
ReturnHeader/ReturnTs02024-03-15T09:37:40-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NAUSEDAS
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$386
Liabilities
$0
Net assets
$386
Revenue
$2,275
Expenses
$3,088
Net income
-$813
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.28
2024Detailed filing. Detailed filing data is available for this year.$0.28$0.28$4.16$4.27$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$2.28$3.09$0.81
2022Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.80$4.25$3.45
2021Detailed filing. Detailed filing data is available for this year.$4.64$0.00$4.64$16.8$14.9$1.91
2020Detailed filing. Detailed filing data is available for this year.$2.73$0.00$2.73$10.2$7.43$2.73