ROLLING THUNDER INC CHAPTER 2 NY

EIN: 260079216

STATEN ISLAND, NY

Total Revenue
$98,096
Total Expenses
$122,326
Total Assets
$25,824
Net Assets
$25,824
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NY
Principal Officer
VINCENT PERNO
Phone
9175092231
Tax Period
2024-01-01 to 2024-12-31

ROLLING THUNDER INC CHAPTER 2 NY, founded in 2004, is a micro nonprofit that reported $98K in total revenue in fiscal year 2024. Expenses of $122K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO HELP DISABLED VETERANS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $98,096
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $98,096

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $20,564
Other Expenses $122,326
TOTAL EXPENSES $122,326

Year-over-Year Comparison

2024 2023 Change
Revenue $98,096 $102,039 0.0%
Expenses $122,326 $81,579 +0.5%
Net Income $-24,230 $20,460 -2.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VINCENT PERNO PRESIDENT 020.00
Officer
$0 $0 $0
CARLOS CARDENAS VICE PRESIDENT 020.00
Officer
$0 $0 $0
MICHAEL RAIMONDI SECRETARY 020.00
Officer
$0 $0 $0
DENISE ORTIZ TREASURER 020.00
Officer
$0 $0 $0
BRUNO ANDOLFO CHAIRMAN OF THE BOARD 020.00
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $98,096 $122,326 $25,824 $-24,230
2023 $102,039 $81,579 No data $20,460
2022 $111,464 $109,072 $29,564 $2,392
2021 $70,149 $66,915 $27,172 $3,234
2020 $62,253 $60,384 $23,938 $1,869
2019 $108,355 $117,368 $22,069 $-9,013
2018 $90,181 $91,728 $31,082 $-1,547
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