THUNDERCLOUD SUBS TURKEY TROT C/O MICHAEL G HAGGERTY (EIN 273388555) - 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

MICHAEL G HAGGERTY

Phone

5124798805

Tax Period

2024-04-01 to 2025-03-31

THUNDERCLOUD SUBS TURKEY TROT C/O MICHAEL G HAGGERTY, founded in 2010, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $831K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

THUNDERCLOUD SUBS TURKEY TROY'S MISSION IS TO RAISE FUNDS THROUGH SPONSORING COMMUNITY EVENTS' SAID FUNDS TO BE DISTRIBUTED TO LOCAL CHARITABLE ORGANIZATIONS.

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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 $98,999

Program Service Revenue $702,936

Investment Income $0

Other Revenue $28,592

TOTAL REVENUE $830,527

Expense Breakdown

Grants Paid $425,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $825,567

Other Expenses $400,567

TOTAL EXPENSES $825,567

Year-over-Year Comparison

	2024	2023	Change
Revenue	$830,527	$655,322	+0.3%
Expenses	$825,567	$637,771	+0.3%
Net Income	$4,960	$17,551	-0.7%

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

N/A

Employees

N/A

Volunteers

580

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
MICHAEL G HAGGERTY	PRES., TREAS	N/A	Officer Director	$0	$0	$0
JEAN F HAGGERTY	SECRETARY	N/A	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
2025	$830,527	$825,567	$59,140	$4,960
2024	$655,322	$637,771	$50,456	$17,551
2023	$519,791	$531,474	$32,905	$-11,683
2022	$494,943	$555,952	$44,587	$-61,009
2021	$265,236	$227,704	$225,596	$37,532
2020	$628,758	$601,925	$68,108	$26,833
2019	$654,404	$625,163	$41,275	$29,241

THUNDERCLOUD SUBS TURKEY TROT C/O MICHAEL G HAGGERTY