THURSDAYNIGHTS (EIN 271770403) - 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

Formation Year

2010

Legal Domicile

Principal Officer

JIM JONASSEN

Phone

3104556913

Tax Period

2024-01-01 to 2024-12-31

THURSDAYNIGHTS, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $455K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum.

Mission

BUSINESS LEAGUETHE PRIMARY MISSION OF THURSDAYNIGHTS ("TN") IS TO FOSTER THE GROWTH OF THE TECHNOLOGY AND DIGITAL MEDIA INDUSTRIES

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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 $455,105

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $455,105

Expense Breakdown

Grants Paid $61,775

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $304,382

Other Expenses $142,019

TOTAL EXPENSES $446,401

Year-over-Year Comparison

	2024	2023	Change
Revenue	$455,105	$299,021	+0.5%
Expenses	$446,401	$303,036	+0.5%
Net Income	$8,704	$-4,015	-3.2%

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

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
JIM JONASSEN	DIRECTOR	5.00	Officer Director	$0	$0	$0
JORDON POSELL	DIRECTOR	5.00	Director	$0	$0	$0
VINCE THOMPSON	DIRECTOR	5.00	Director	$0	$0	$0
MIKE MIREL	DIRECTOR	5.00	Officer Director	$0	$0	$0
DAVID YOUNG	DIRECTOR	5.00	Officer 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	$455,105	$446,401	$6,971	$8,704
2023	$299,021	$303,036	$8,652	$-4,015
2022	$48,345	$54,049	$8,448	$-5,704
2021	$28,250	$27,832	$7,927	$418
2020	$13,000	$7,721	$7,509	$5,279
2019	$49,771	$50,050	$2,230	$-279
2018	$53,885	$52,882	$21,274	$1,003

THURSDAYNIGHTS