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Arizona · Nonprofit

THUNDERBIRDS CHARITIES

THUNDERBIRDS CHARITIES (Arizona) receives grants from 25 organizations whose IRS filings report $3,517,070 to it, the largest being PGA TOUR INC ($1,553,267). 12 of them have funded it in more than one year.

Revenue FY2025
$11M
Funders on record
25
Grants received
$3.5M
Net assets
$11M
12/25 repeat funderspeak grant-dependency 13%
01What it does

What Thunderbirds Charities does

Mission

The Thunderbirds Charities corporation conducts business in the state of arizona serving as the host organization for the pga tour event that is conducted annually in the phoenix metropolitan area, and through donations to arizona based organizations, (cont'd sched o) providing assistance to families, children, and others in need and improving the overall quality of life of arizona's communities.

As stated on its FY2025 Form 990.

Programs

  1. In addition to the contributions the organization made through the birdies for charity program, described below, Thunderbirds Charities made total contributions in the amount of $9,620,500 to various 501(c)(3) organizations. The following is a summary of the different types of organizations and the total donations made to each of the five different categories: 1) community outreach/quality of life: total awards $1,118,500; 3 organizations received a total of $535,000 for capital projects and 18 organizations received a total of $583,500 for program funding. (cont'd on sch o)2) at-risk youth & families: total awards $3,195,000; 2 organizations received a total of $370,000 for capital projects and 36 organizations received a total of $2,825,000 for program funding. 3) domestic violence/homeless/poverty: total awards $2,155,000; 20 organizations received a total of $2,155,000 for program funding. 4) education: total awards $1,190,000; 1 organization received a total of $500,000 for capital projects and 21 organizations received a total of $690,000 for program funding. 5) improving the lives of the physically & mentally challenged: total awards $1,962,000; 2 organizations received a…

    $9,620,500 spentof which $9,620,500 as grants
    87% of program spending
  2. Birdies for charity program is a two-part program designed to generate donations to local non-profit organizations. The birdies program allows local non-profit organizations to collect pledges based on the number of birdies made during the wm phoenix open. Thunderbirds Charities provides all materials for the pledge drives and collects the pledges after the event. Thunderbirds Charities then adds 10% to the amount collected and pays the total to the 501(c)(3) organizations. The total amount of donations received was $568,525. The total of 501(c)(3) charitable organizations that received funding through the birdies for charity program was 59 for a total donation amount of (cont'd on sch o)$625,044 (matching funds of $56,519)the birdies for charity corporate partner program raises money from major sponsors of the wm phoenix open for specific charities. Thunderbirds Charities provides 50% matching funds to these charities, up to a maximum of $12,500the total amount of donations received from sponsors was $520,000 and the total matching funds from Thunderbirds Charities was $260,000. The program total was $780,000.

    $1,405,044 spentof which $1,405,044 as grants
    13% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $11,025,544.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($7.5M) Expenses 100 ($6.9M) Net assets 100 ($6.3M)2018 Revenue 127 ($9.5M) Expenses 112 ($7.8M) Net assets 127 ($8.0M)2019 Revenue 124 ($9.3M) Expenses 137 ($9.5M) Net assets 124 ($7.8M)2020 Revenue 140 ($10M) Expenses 139 ($9.6M) Net assets 139 ($8.7M)2021 Revenue 38 ($2.9M) Expenses 88 ($6.1M) Net assets 90 ($5.7M)2022 Revenue 86 ($6.4M) Expenses 82 ($5.7M) Net assets 102 ($6.4M)2023 Revenue 109 ($8.1M) Expenses 114 ($7.9M) Net assets 105 ($6.6M)2024 Revenue 151 ($11M) Expenses 100 ($7.0M) Net assets 175 ($11M)2025 Revenue 152 ($11M) Expenses 160 ($11M) Net assets 180 ($11M)
'17'18'19'20'21'22'23'24'25
Revenue (152)Expenses (160)Net assets (180)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 2020 to 2021, from $10M to $5.7M (−44%).

$6.8M
$9.5M
$8.5M
$10M
$5.7M
$6.4M
$6.6M
$11M
$11M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

99% of THUNDERBIRDS CHARITIES’s revenue is contributions — more reliant on donations than three-quarters of its peers (80% for the typical peer).

This organization
Typical peer · 863 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$553k
’17
$1.7M
’18
−$205k
’19
$851k
’20
−$3.2M
’21
$731k
’22
$205k
’23
$4.3M
’24
$318k
’25
1.7
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.

Chief executive

Chance Cozby

Exec. Director

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2020 and FY2021 filings.

'17'18'19'20'21'22'23'24'25
Listed171717171716171717
Joined·+5+1+5+4+5+6+3+2
No longer listed·51546532
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 10 funders, grant income rose $398k → $479k.

6 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $64M from one payer (the payer shares this organization's board, largest The Thunderbirds). These are real filings, and they are not money THUNDERBIRDS CHARITIES raised.

From the IRS filings of THUNDERBIRDS CHARITIES’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.

How concentrated its funding is

THUNDERBIRDS CHARITIES leans on a few funders — its largest provides 44% of grant income and the top three 80%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

68% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THUNDERBIRDS CHARITIES.

44%
largest funder
80%
top three
~4
effective funders

Largest funder’s share by year: 2017 44% · 2018 35% · 2019 53% · 2020 44% · 2021 47% · 2022 43% · 2023 47% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.

How long its funders stay

40% of THUNDERBIRDS CHARITIES's funders are still giving 3 years after their first grant; 48% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

THUNDERBIRDS CHARITIES draws 80% of its grant income from funders outside Arizona, across 11 states in all.

NY
IN
RI
UT
NE
MO
AZ
KS
NC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Arizona out of state home

Funder states come from each funder’s own filing. $288k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

THUNDERBIRDS CHARITIES's funding base is broadening — from 7 funders to 10 as grant income climbed.

Operating margin3% · below the median
Months of reserve1.7mo · below the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 452 philanthropy nonprofits $10M–$100M, FY2025

Organizations like THUNDERBIRDS CHARITIES

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 Arizona

Nationally

05Profile & governance

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

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

19%

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

Footprint & structure

Part of a family of 3 related entities

  • Thunderbird Community Projects · disregarded
  • The Thunderbirds · exempt
  • The Thunderbird Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THUNDERBIRDS CHARITIES: 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 THUNDERBIRDS CHARITIES?
THUNDERBIRDS CHARITIES (Arizona) receives grants from 25 organizations whose IRS filings report $3,517,070 to it, the largest being PGA TOUR INC ($1,553,267). 12 of them have funded it in more than one year.
How many funders does THUNDERBIRDS CHARITIES have?
IRS filings report 25 organizations giving $3,517,070 in grants to THUNDERBIRDS CHARITIES, 12 of which have funded it in more than one year.
Who is the largest funder of THUNDERBIRDS CHARITIES?
PGA TOUR INC is the largest funder on record, with $1,553,267 in grants. The full list of funders is on this page.
How can an organization like THUNDERBIRDS CHARITIES find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arizona. 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 2017–2025), and the filings of 25 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