47TH BOLTS INC

EIN: 852205714 501(c)(3) Education

Laughlin AFB, TX

Total Revenue
$77,362
Total Expenses
$79,689
Total Assets
$35,664
Net Assets
$35,664
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
TX
Principal Officer
Douglas Gifford
Phone
7728124361
Tax Period
2024-01-01 to 2024-12-31

47TH BOLTS INC, founded in 2022, is a micro nonprofit in the Education sector that reported $77K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring.

Mission

The purpose of the 47th Bolts is the enhance and maintain the camaraderie, espirit de corps, and prestige of young airmen in the 47th Student Squadron. The 47th Bolts is collectively and individually a role model for young professionals going through Undergraduate Pilot Training or otherwise part of the 47th Student Squadron. This organization focuses on the career development of those students to advise senior leadership pertaining to their health and welfare. The 47th Bolts will promote professional relationships to develop future leading in the United States Air Force.

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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 $0
Program Service Revenue $6,876
Investment Income $21
Other Revenue $70,465
TOTAL REVENUE $77,362

Expense Breakdown

Grants Paid $7,673
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $76,184
Other Expenses $72,016
TOTAL EXPENSES $79,689

Year-over-Year Comparison

2024 2023 Change
Revenue $77,362 $161,747 -0.5%
Expenses $79,689 $143,891 -0.4%
Net Income $-2,327 $17,856 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
10

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Douglas Gifford Treasurer 4
Officer
$0 $0 $0
Travis Reid President 4
Officer
$0 $0 $0
Johnathan Maritnez Secretary 4
Officer
$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 $77,362 $79,689 $35,664 $-2,327
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