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Tennessee · Nonprofit

Thunder Inc

Thunder Inc (Tennessee) receives grants from 1 organization whose IRS filings report $6,000 to it, the largest being USA Swimming Foundation Inc ($6,000). 0 of them have funded it in more than one year.

Revenue FY2025
$439k
Funders on record
1
Grants received
$6k
Net assets
$58k
0/1 repeat funderspeak grant-dependency 3%
01What it does

What Thunder Inc does

Mission

The purposes ofthe corporation are to instill the qualities necessary to make student-athletes the leaders of tomorrow throght the sport of swimming

As stated on its FY2025 Form 990.

Programs

  1. Amateur swim eam competitive swimming and training of swimmers ages 6-18 with competitions on the local, state and national level. The team consists of approxomately 160 members with approximately 750 participating in swim events.

    $453,966 spentof which $6,041 as grants$438,960 earned by the program
    100% of program spending
  2. N/a

    $0 spent
    0% of program spending
  3. N/a

    $0 spent
    0% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $453,966.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($207k) Expenses 100 ($296k) Net assets 100 ($8k)2021 Revenue 186 ($385k) Expenses 111 ($329k) Net assets 805 ($64k)2022 Revenue 190 ($393k) Expenses 109 ($324k) Net assets 1675 ($133k)2023 Revenue 241 ($499k) Expenses 128 ($380k) Net assets 3148 ($251k)2024 Revenue 218 ($452k) Expenses 138 ($407k) Net assets 3702 ($295k)2025 Revenue 212 ($439k) Expenses 154 ($454k) Net assets 734 ($58k)
202020212022202320242025
Revenue (212)Expenses (154)Net assets (734)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $296k to $58k (−80%).

$63k
$68k
$137k
$253k
$296k
$58k
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 23%. Grants only. Government contracts and fees sit inside program revenue.

70% of Thunder Inc’s revenue is contributions — more donation-reliant than the typical peer (18% for the typical peer).

This organization
Typical peer · 16,168 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

−$88k
’20
$56k
’21
$69k
’22
$119k
’23
$44k
’24
−$15k
’25
1.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202020212022202320242025
Listed443334
Joined·+0+1+0+0+1
No longer listed·02000
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'20
total
funders
1

From the IRS filings of Thunder Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Thunder Inc draws 100% of its grant income from funders outside Tennessee, across 1 state in all.

CO

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Thunder Inc has grown faster than half of the 10,453 recreation & sports nonprofits its size.

Operating margin−3% · bottom quartile
Months of reserve1.3mo · bottom quartile
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 10,453 recreation & sports nonprofits $100k–$1M, FY2025

Organizations like Thunder Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Tennessee

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

4
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

TN

Screen this organization

A dated, signed PDF of the compliance screen for Thunder Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Thunder Inc?
Thunder Inc (Tennessee) receives grants from 1 organization whose IRS filings report $6,000 to it, the largest being USA Swimming Foundation Inc ($6,000). 0 of them have funded it in more than one year.
How many funders does Thunder Inc have?
IRS filings report 1 organization giving $6,000 in grants to Thunder Inc.
Who is the largest funder of Thunder Inc?
USA Swimming Foundation Inc is the largest funder on record, with $6,000 in grants. The full list of funders is on this page.
How can an organization like Thunder Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing