Birmingham Thunderbolts
- Assets
- $674.7k
- Revenue
- $388.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 26-1844578
Organization Overview
Birmingham Thunderbolts is located in Birmingham, AL. The organization was established in 2009. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Birmingham Thunderbolts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Birmingham Thunderbolts generated $388.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $493.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF SOFTBALL TEAMS: ENTRY FEES AND TRAVEL EXPENSES FOR TOURNAMENTS, INSURANCE, EQUIPMENT, UNIFORMS, FURNISHING OF PRACTICE FACILITIES & PLAYING FIELDS AND THEIR MAINTENANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles W Shea Director And Secretary | 1 | $0 | |
Beth Shea Treasurer | 1 | $0 | |
Richard Shea III Director And President | 1 | $0 | |
Stephen R Shea Director And Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $371,677 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$3,031 |
| Other Income | $20,074 |
| Total Revenue | $388,720 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $37 |
| Taxes | $0 |
| Depreciation | $133,720 |
| Occupancy | $44,160 |
| Travel, conferences, and meetings | $239,576 |
| Printing and publications | $0 |
| Other expenses | $72,603 |
| Total operating and administrative expenses | $493,091 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $493,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,909 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $632,758 |
| Other assets | $0 |
| Total assets | $674,667 |
| Accounts payable and accrued expenses | $2,876 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,876 |
Grants Awarded
Over the last fiscal year, Birmingham Thunderbolts has awarded $1,100 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Birmingham, AL PURPOSE: CHARITABLE DONATION | $1,000 |
JOHN WAYNE BREAST CANCER INSTITUTE PURPOSE: CANCER RESEARCH | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Contract Bridge League Inc Horn Lake, MS | $19,514,794 | $15,337,801 |
International Softball Federation Plant City, FL | $767,134 | $425,442 |
Fit Kids Of America Corp Miami, FL | $1,788,443 | $2,592,545 |
Ecb Inc Canton, GA | $5,748,500 | $937,291 |
Brentwood Baseball Inc Brentwood, TN | $376,722 | $761,962 |
Quogue Sports Institute Delray Beach, FL | $51,063 | $849,156 |
Mt Juliet League Inc Mt Juliet, TN | $991,694 | $794,006 |
Cuyahoga Valley Youth Organization Inc Crossville, TN | $454,390 | $914,040 |
Buckhead Baseball Inc Atlanta, GA | $1,323,731 | $666,103 |
W G Warriors Inc Carrollton, GA | $161,398 | $825,046 |
Vipers Baseball Club Inc Palm Beach Gardens, FL | $65,372 | $673,647 |
Pitcch In Foundation Inc Miami, FL | $1,232,050 | $469,313 |