THE THUNDERBIRD COMMUNITY SPORTS FOUNDATION (EIN 261712275) - Form 990 Financial Analysis & Trantor Score

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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

Legal Domicile

Principal Officer

RUSS FARWELL

Phone

2063694872

Tax Period

2024-01-01 to 2024-12-31

THE THUNDERBIRD COMMUNITY SPORTS FOUNDATION is a small nonprofit in the Education sector that reported $170K in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $40K, a strong 24% operating margin.

Mission

THE THUNDERBIRD COMMUNITY SPORTS FOUNDATION PROMOTES GOOD HEALTH, PHYSICAL EDUCATION, AND ACADEMIC ACHIEVEMENT BY PROVIDING SCHOLARSHIPS AND GRANTS FOR AMATEUR ATHLETES IN THE PUGET SOUND REGION, AS WELL AS PROVIDING GRANTS TO LOCAL YOUTH AND AMATEUR SPORTS ASSOCIATIONS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,777

Program Service Revenue $0

Investment Income $16,629

Other Revenue $149,846

TOTAL REVENUE $170,252

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $103,397

Other Expenses $130,212

TOTAL EXPENSES $130,212

Year-over-Year Comparison

	2024	2023	Change
Revenue	$170,252	$289,653	-0.4%
Expenses	$130,212	$243,716	-0.5%
Net Income	$40,040	$45,937	-0.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSS FARWELL	President	2.00	Officer Director	$0	$0	$0
RICK RONISH	Director	10.00	Director	$0	$0	$0
COLIN CAMPBELL	Secretary	2.00	Officer Director	$0	$0	$0
JARED CROOKS	Director	1.00	Director	$0	$0	$0
KEN THOMAS	Director	1.00	Director	$0	$0	$0
BRENDA FARWELL	Vice President	10.00	Officer Director	$0	$0	$0
KURT HANSEN	Director	1.00	Director	$0	$0	$0
BILL LAFORGE	Director	1.00	Director	$0	$0	$0
NELLA LAFORGE	Director	1.00	Director	$0	$0	$0
DYLAN LOCKERT	Director	2.00	Director	$0	$0	$0
TIM HIGGINS	Director	1.00	Director	$0	$0	$0
PHIL VARNEY	Director	1.00	Director	$0	$0	$0
DINO W TRAVERSO	Treasurer	2.00	Officer Director	$0	$0	$0
ESTER VARNEY	Director	1.00	Director	$0	$0	$0
MATT O'DETTE	Director	1.00	Director	$0	$0	$0
ERIN SAUNDERS	Director	1.00	Director	$0	$0	$0
JASON THOMSEN	Director	1.00	Director	$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	$170,252	$130,212	$318,054	$40,040
2023	$289,653	$243,716	$277,794	$45,937
2022	$278,024	$286,718	$278,696	$-8,694
2021	$68,233	$59,742	$231,276	$8,491
2020	$91,277	$52,855	$213,107	$38,422
2019	$191,583	$205,228	$176,571	$-13,645
2018	$195,112	$213,500	$191,548	$-18,388

THE THUNDERBIRD COMMUNITY SPORTS FOUNDATION