Thundercloud Subs Turkey Trot: Nonprofit Profile, Financials & Form 990 (EIN 27-3388555)

Revenue by fiscal year
FY2020	$629K
FY2021	$265K
FY2022	$495K
FY2023	$520K
FY2024	$655K
FY2025	$831K

Expenses by fiscal year
FY2020	$602K
FY2021	$228K
FY2022	$556K
FY2023	$531K
FY2024	$638K
FY2025	$826K

Net assets by fiscal year
FY2020	$50K
FY2021	$88K
FY2022	$27K
FY2023	$15K
FY2024	$32K
FY2025	$37K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $826K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation

Michael G Haggerty

Pres., Treas

$0Pt VII · Sec A

Jean F Haggerty

Secretary

$0Pt VII · Sec A

See Thundercloud Subs Turkey Trot executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Sponsors community events to raise funds for local charities.

Questions for Thundercloud Subs Turkey Trot

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1 program · $826K · in their own filed words · FY2024

01

Thundercloud subs turkey trot organizes and operates a 5 mile RACE/RUN through the streets of austin, texas on thanksgiving day. There were over 21,288 participants who paid to participate in one of the 3 different courses options - 5 mile, kids 1k, and a 1 mile walk.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-3388555) · Dispute this line

$826Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2023

Amazonsmile FoundationFY2023$16

Total grants receivedfrom 1 funder$16

Grants paid · 6 grants · $1.6M · 2019–2024

Caritas of AustinTX · FY2024$425,000

Caritas of AustinTX · FY2023$302,500

Caritas of AustinTX · FY2022$225,000

Caritas of AustinTX · FY2021$239,000

Caritas of AustinTX · FY2020$120,000

Caritas of AustinTX · FY2019$325,000

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$831K

Ln 12

Fees for servicesLn 2g$703K

Gifts and grantsLn 1h$99K

Other incomeLn 4–11$29K

Money outPt IX

$826K

Ln 25

Programscol B$826K

Owns and owesPt X

$37K

net assets · Ln 32

Cash and savingsLn 1–2$54K

Total assetsLn 16$59K

LiabilitiesLn 26$22K

PeoplePt VI, VII

2

listed · VII A

PaidVII A0

Voting boardVI 1a2

IndependentVI 1b0

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$99K

Noncash giftsLn 1g$27K

Fees for servicesLn 2g$703K

Other incomeLn 4–11$29K

Total revenueLn 12$831K

Assets in detailPt X, end of year

CashLn 1$54K

Cash and savings togetherLn 1–2$54K

Accounts receivableLn 4$5K

Total assetsLn 16$59K

LiabilitiesLn 26$22K

Net assetsLn 32$37K

OperationsPt I, VI

EmployeesI 50

VolunteersI 6700

Fiscal year endsHeaderMarch

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3More from this return

Abroad and in kindSch F, M

Noncash gifts receivedSch M Pt I$27K

4Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$26K	$54K
Total assetsLn 16	$50K	$59K
LiabilitiesLn 26	$18K	$22K
Net assetsLn 32	$32K	$37K

5Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$425K	$425K
Accounting feesLn 11c	$1K	$1K
Advertising and promotionLn 12	$24K	$24K
Office expensesLn 13	$309	$309
OccupancyLn 16	$10K	$10K
TravelLn 17	$5K	$5K
InsuranceLn 23	$3K	$3K
Other expenses (24a–d)Ln 24	$358K	$358K
Total functional expensesLn 25	$826K	$826K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest ViewingFiled with the IRS Feb 15, 2026	$831K	$826K	$5K	$37K	990 PDF
FY2024Filed with the IRS Feb 1, 2025	$655K	$638K	$18K	$32K	990 PDF
FY2023Filed with the IRS Jan 16, 2024	$520K	$531K	−$12K	$15K	990 PDF
FY2022Filed with the IRS Feb 16, 2023	$495K	$556K	−$61K	$27K	990 PDF
FY2021Filed with the IRS Jul 18, 2022	$265K	$228K	$38K	$88K	990 PDF
FY2020Filed with the IRS Jan 26, 2021	$629K	$602K	$27K	$50K	990 PDF

Schedules filed Part IV

A · Public support I · Grants M · Noncash O · Explanations

See the full FY2025 990

Part I · Summary $830,527 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $100,046$98,999

I-9 Program service revenuePrior year $541,031$702,936

I-10 Investment income$0

I-11 Other revenuePrior year $14,245$28,592

I-12 Total revenuePrior year $655,322$830,527

I-13 Grants and similar amounts paidPrior year $302,500$425,000

I-14 Benefits paid to members$0

I-15 Salaries and benefits$0

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $335,271$400,567

I-18 Total expensesPrior year $637,771$825,567

I-19 Revenue less expensesPrior year $17,551$4,960

Part VI · Governance 0 of 2 board members independent, 5 to look at

VI-1a Voting members of the governing body2

VI-1b Independent voting members0

VI-2 Family or business relationship among officers or directorsYes

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

Part VIII · Statement of revenue $830,527 across 5 lines filed

Lines not itemized here account for $28,592 of total revenue; see the IRS return.

VIII-1f All other contributions, gifts and grants$98,999

VIII-1g Noncash contributions (included above)$27,000

VIII-1h Total contributions, gifts and grants$98,999

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $702,936$702,936

VIII-12 Total revenueRelated to mission $731,528$830,527

Part IX · Statement of functional expenses $825,567 across 8 lines filed

IX-1 Grants to domestic organizationsPrograms $425,000$425,000

IX-11c Accounting feesPrograms $1,080$1,080

IX-12 Advertising and promotionPrograms $24,150$24,150

IX-13 Office expensesPrograms $309$309

IX-16 OccupancyPrograms $9,750$9,750

IX-17 TravelPrograms $4,691$4,691

IX-23 InsurancePrograms $2,911$2,911

IX-24 Other expenses (24a–d)Programs $357,676$357,676

IX-25 Total functional expensesPrograms $825,567 · Management $0 · Fundraising $0$825,567

Part X · Balance sheet $59,140 assets, 8 lines filed

X-1 Cash, non-interest-bearingStart of year $26,021$54,140

X-4 Accounts receivableStart of year $24,435$5,000

X-16 Total assetsStart of year $50,456$59,140

X-17 Accounts payable and accrued expensesStart of year $18,087$21,811

X-26 Total liabilitiesStart of year $18,087$21,811

X-31 Retained earnings or endowmentStart of year $32,369$37,329

X-32 Total net assets or fund balancesStart of year $32,369$37,329

X-33 Total liabilities and net assetsStart of year $50,456$59,140

Part XI · Reconciliation of net assets $37,329 net assets at year end

XI-1 Total revenue$830,527

XI-2 Total expenses$825,567

XI-3 Revenue less expenses$4,960

XI-4 Net assets at start of year$32,369

XI-10 Net assets at end of year$37,329

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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