Thv Inc
- Assets
- $163.7k
- Revenue
- $58.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, MI
- Founding
- 07/2011
- Data as of
- 05/2021
- EIN
- 27-1691484
Organization Overview
Thv Inc is located in Milford, MI. The organization was established in 2011. According to its NTEE Classification (N72) the organization is classified as: Special Olympics, 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. Thv Inc 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 05/2021, Thv Inc generated $58.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $23.6k during the year ending 05/2021. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZED SPECIAL OLYMPIC TYPE EVENTS FOR MENTALLY AND PHYSICALLY CHALLENGED INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELD OLYMPIC TYPE EVENTS FOR SPECIAL NEEDS ADULTS
HELD OLYMPIC TYPE EVENTS FOR SPECIAL NEEDS ADULTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dj Denton Board Member | Trustee | 1 | $0 |
John Schiltz Board Member | Trustee | 1 | $0 |
Ray Vanderwill Board Member | Trustee | 1 | $0 |
David Caldwell Board Member | Trustee | 1 | $0 |
Dolly Carlson Board Member | Trustee | 1 | $0 |
Matt Anderson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $202,583 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $202,583 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$143,894 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $58,689 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $3,600 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $310 |
| Office expenses | $5,085 |
| Information technology | $2,721 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $23,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,671 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $163,671 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $163,671 |
| Total liabilities and net assets/fund balances | $163,671 |
Grants Awarded
Over the last fiscal year, Thv Inc has awarded $9,311 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MI ABILITIES | | | $4,744 |
MISC YOUTH CHARITIES | | | $4,567 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Thv Inc has recieved totaling $85.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $85 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Special Olympics Michigan Inc Mount Pleasant, MI | $23,738,769 | $10,034,005 |
Special Olympics Wisconsin Inc Madison, WI | $8,613,408 | $4,761,500 |
Special Olympics Ohio Inc Columbus, OH | $10,315,553 | $4,556,418 |
Indiana Special Olympics Inc Indianapolis, IN | $12,294,417 | $4,728,854 |
Adaptive Sports Program Of Ohio Wooster, OH | $418,103 | $705,586 |
Thv Inc Milford, MI | $163,671 | $58,689 |
South Lyon Special Stars Inc New Hudson, MI | $18,730 | $0 |
Michigan Sports Unlimited Inc Essexville, MI | $139,091 | $0 |
Michigan Disability Sports Alliance Grand Rapids, MI | $123,645 | $0 |