Civic Intelligence

Jersey Thunder Inc.

990EZ • Fiscal year 2024 • EIN 85-2523278

Jan 01, 2024 to Dec 31, 2024 • Filed on Feb 25, 2025

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

Score unavailable

No value available

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

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

24th percentile

-2.7%

Higher net margin than 24% of similar nonprofits.

2024 filings • NTEE N62 • <$500k nonprofits • Source year 2024

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.

2024 filings • NTEE N62 • <$500k nonprofits • Source year 2024

Asset Growth

20th percentile

-29%

Faster asset growth than 20% of similar nonprofits.

2024 filings • NTEE N62 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

83%

Faster revenue growth than 90% of similar nonprofits.

2024 filings • NTEE N62 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$275

Down $111 (-29%) from 2023

Net Assets

Down

$275

Down $111 (-29%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$4,161

Up $1,886 (+83%) from 2023

Expenses

Up

$4,272

Up $1,184 (+38%) from 2023

Net Income

Up

-$111

Up $702 (+86%) from 2023

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

2024

Assets$275
Liabilities-
Net Assets$275

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

2024

Revenue$4,161
Expenses$4,272
Net Income-$111
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 25, 2025
Return Version
2024v5.0
Gross Receipts
$4,161
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.-$4,272
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
2025-02-25
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 Appendix116 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/PhoneNum07322624577
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BRICK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008723
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0386
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0275
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/ProgramServiceRevenueAmt04161
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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/ProgramServiceExpensesAmt04272
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TotalRevenueAmt04161
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02275
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04161
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02275
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt016767
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt010161
IRS990ScheduleA/Total509Grp/TotalAmt034164
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt016767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt010161
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt034164
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/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL NAUSEDAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07322624577
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JERSEY THUNDER INC
ReturnHeader/Filer/BusinessNameControlTxt0JERS
ReturnHeader/Filer/EIN0852523278
ReturnHeader/Filer/PhoneNum07322624577
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ReturnHeader/Filer/USAddress/CityNm0BRICK
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008723
ReturnHeader/PreparerPersonGrp/PhoneNum07329204252
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL J DESTEFANO
ReturnHeader/ReturnTs02025-04-02T08:58:31-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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