N โ€” Recreation & SportsEIN: 263017116ยท Ruling Year: 2014

Minnesota Thunder Academy

Richfield, Minnesota

B+Health Score
70B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$2.5M
Total Revenue
๐Ÿ“Š
$2.2M
Total Expenses
๐Ÿฆ
$1.1M
Net Assets
๐Ÿ“‹
$1.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+18.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+10.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.49
Net assets divided by total expenses
Liabilities-to-Assets
48.6%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$2,484,777โ†‘18%$2,215,526โ†‘18%$2,124,907โ†‘110%
2022$2,099,169โ†‘1%$1,879,854โ†‘24%$1,013,542โ†‘30%
2021$2,073,757โ†‘32%$1,515,639โ†‘6%$779,672โ†‘92%
2020$1,574,781โ†“14%$1,424,633โ†“15%$406,779โ†‘970%
2019$1,833,774โ†‘89%$1,684,153โ†‘81%$38,020โ†“45%
2018$972,004โ†“22%$930,615โ†“37%$69,726โ†“84%
2017$1,247,442โ†“23%$1,475,565โ†‘2%$441,613โ†‘23%
2016$1,621,757$1,449,987โ†“13%$358,725โ†“11%
2015$1,625,629โ†‘9%$1,662,551โ†‘22%$402,615โ†“63%
2014$1,489,904โ†‘41%$1,360,747โ†‘14%$1,096,430โ†‘75%
2013$1,056,409โ†‘30%$1,190,780โ†‘18%$626,954โ†‘892%
2012$811,893$1,012,275$63,183

Frequently Asked Questions

What does Minnesota Thunder Academy do?โ–ผ

Minnesota Thunder Academy is a recreation & sports nonprofit organization based in Minnesota. It is classified under NTEE code N64 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Minnesota Thunder Academy financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Minnesota Thunder Academy has a score of 70/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Minnesota Thunder Academy generate?โ–ผ

Minnesota Thunder Academy reports $3.4M in annual revenue and holds $2.9M in total assets, based on IRS filings.

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Minnesota Thunder Academy โ€” Richfield, MN | GiveScope