THUNDER COMMUNITY FOUNDATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
THUNDER COMMUNITY FOUNDATION (EIN 27-0954032)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-14
IRS object ID
202503189349314780
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-14T18:06:38-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN731502599PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEDEL RAHILL & ASSOCIATES CPA'S PLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11200 NORTHWEST 63RD STREET 2ND FLOAddressLine1Txt
CityOKLAHOMA CITYCityNm
State AbbreviationOKStateAbbreviationCd
ZIP731165719ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN270954032EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THUNDER COMMUNITY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTHUNBusinessNameControlTxt
Phone4052084722PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1208 THUNDER DRIVEAddressLine1Txt
CityOKLAHOMA CITYCityNm
State AbbreviationOKStateAbbreviationCd
ZIP73102ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonERIN OLDFIELDPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4052084722PhoneNum
Signature2025-11-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonARTHUR C RAHILL JR CPAPreparerPersonNm
PTINP00172703PTIN
Phone4058423662PhoneNum
Preparation2025-11-05PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTACY BLOMSTROMPrincipalOfficerNm
Gross Receipts$225,914GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateOKLegalDomicileStateCd
Activity Or MissionTHE THUNDER COMMUNITY FOUNDATION IS A REGISTERED 501(C)3 ORGANIZATION AND THE OFFICIAL CHARITABLE ARM OF THE OKLAHOMA CITY THUNDER. THE MISSION OF THE THUNDER COMMUNITY FOUNDATION IS TO POSITIVELY IMPACT YOUTH IN THE COMMUNITIES WHERE THEY LIVE AND PLAY.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent1VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$112,211PYContributionsGrantsAmt
CY Contributions Grants$206,864CYContributionsGrantsAmt
PY Program Service Revenue$17,155PYProgramServiceRevenueAmt
CY Program Service Revenue$19,050CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$129,366PYTotalRevenueAmt
CY Total Revenue$225,914CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$208,780PYOtherExpensesAmt
CY Other Expenses$314,887CYOtherExpensesAmt
PY Total Expenses$208,780PYTotalExpensesAmt
CY Total Expenses$314,887CYTotalExpensesAmt
PY Revenues Less Expenses-$79,414PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$88,973CYRevenuesLessExpensesAmt
Total Assets BOY$1,330,884TotalAssetsBOYAmt
Total Assets EOY$1,248,410TotalAssetsEOYAmt
Total Liabilities BOY$18TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,517TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,330,866NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,241,893NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE THUNDER COMMUNITY FOUNDATION IS A REGISTERED 501(C)3 ORGANIZATION AND THE OFFICIAL CHARITABLE ARM OF THE OKLAHOMA CITY THUNDER. THE MISSION OF THE THUNDER COMMUNITY FOUNDATION IS TO POSITIVELY IMPACT YOUTH IN THE COMMUNITIES WHERE THEY LIVE AND PLAY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,168ExpenseAmt
DescCOMMUNITY TICKETS - THE THUNDER'S "COMMUNITY TICKETS" PROGRAM GIVES PLAYERS THE OPPORTUNITY TO DONATE BLOCKS OF TICKETS (WITH FOOD VOUCHERS) TO NON- PROFIT COMMUNITY GROUPS THROUGHOUT OKLAHOMA CITY, ALLOWING CHILDREN AND ADULTS WHO DON'T OTHERWISE HAVE THE RESOURCES TO ATTEND THUNDER HOME GAMES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$164,349ExpenseAmt
DescTHUNDER BASKETBALL COURT REFURBISHMENT - FUNDS COMMUNITY BASKETBALL COURT REFURBISHMENT PROJECTS ACROSS OKLAHOMADesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$135,201ExpenseAmt
DescSUPPORT LOCAL COMMUNITY OUTREACHDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$300,718TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member1IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonPROFESSIONAL BASKETBALL CLUB LLCPersonNm
Phone4052084778PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1208 THUNDER DRIVEAddressLine1Txt
CityOKLAHOMA CITYCityNm
State AbbreviationOKStateAbbreviationCd
ZIP73102ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
DANNY BARTH
ADVISORYYes (X)$0$0$0
STACY BLOMSTROM
TREASURERYes (X)$0$0$0
BRIAN BYRNES
ADVISORYYes (X)$0$0$0
GAYLE MAXWELL
BOARD MEMBERYes (X)$0$0$0
HAKEEM ONAFOWOKAN
BOARD MEMBERYes (X)$0$0$0
MEGAN SALOMONE
BOARD MEMBERYes (X)$0$0$0
JESSICA SUMMERS
BOARD MEMBERYes (X)$0$0$0
ERIN OLDFIELD
EXECUTIVE DI$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$206,864AllOtherContributionsAmt
Total Contributions$206,864TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescHOME COURT SUPPORTDesc
Business900099BusinessCd
Total Revenue Column$19,050TotalRevenueColumnAmt
Related Or Exempt Func Income$19,050RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$19,050TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$225,914TotalRevenueColumnAmt
Related Or Exempt Func Income$19,050RelatedOrExemptFuncIncomeAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,169TotalAmt
Management And General$14,169ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
BASKETBALL COURT REFURBIS$164,078$164,078
DISASTER RELIEF$71,135$71,135
50/50 RAFFLE$31,324$31,324
COMMUNITY DONATIONS$23,119$23,119

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$11,062TotalAmt
Program Services$11,062ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$314,887TotalAmt
Program Services$300,718ProgramServicesAmt
Management And General$14,169ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,330,884BOYAmt
EOY$1,230,795EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$17,615EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,330,884BOYAmt
EOY$1,248,410EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$2,850EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$18BOYAmt
EOY$3,667EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$18BOYAmt
EOY$6,517EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$382,299BOYAmt
EOY$448,326EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$948,567BOYAmt
EOY$793,567EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,330,866BOYAmt
EOY$1,241,893EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,330,884BOYAmt
EOY$1,248,410EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$88,973ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$123,609CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$35,163CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,101,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$112,211CurrentTaxYearMinus1YearAmt
Current Tax Year$206,864CurrentTaxYearAmt
Total$1,578,847TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$123,609CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$35,163CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,101,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$112,211CurrentTaxYearMinus1YearAmt
Current Tax Year$206,864CurrentTaxYearAmt
Total$1,578,847TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,578,847PublicSupportTotal170Amt
Total Support$1,578,847TotalSupportAmt
Gross Receipts Rltd Activities$90,999GrossReceiptsRltdActivitiesAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOTHER ACCRUED LIABILITIESDesc
Amt$3,667Amt
FieldValueIRS element (for citing)
Total Liability$3,667TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE THUNDER COMMUNITY FOUNDATION IS A REGISTERED 501(C)3 ORGANIZATION AND THE OFFICIAL CHARITABLE ARM OF THE OKLAHOMA CITY THUNDER. THE MISSION OF THE THUNDER COMMUNITY FOUNDATION IS TO POSITIVELY IMPACT YOUTH IN THE COMMUNITIES WHERE THEY LIVE AND PLAY.
FORM 990, PAGE 6, PART VI, LINE 2ERIN OLDFIELD PRO BASKETBALL CLUB, LLC EX DIRECTOR EMPLOYEE OF RELATED ORG STACY BLOMSTROM PRO BASKETBALL CLUB, LLC BOARD MEMBER EMPLOYEE OF RELATED ORG GAYLE MAXWELL PRO BASKETBALL CLUB, LLC BOARD MEMBER EMPLOYEE OF RELATED ORG HAKEEM ONAFOWOKAN PRO BASKETBALL CLUB, LLC BOARD MEMBER EMPLOYEE OF RELATED ORG MEGAN SALOMONE PRO BASKETBALL CLUB, LLC BOARD MEMBER EMPLOYEE OF RELATED ORG JESSICA SUMMERS PRO BASKETBALL CLUB, LLC BOARD MEMBER EMPLOYEE OF RELATED ORG BRIAN BYRNES PRO BASKETBALL CLUB, LLC ADVISORY EMPLOYEE OF RELATED ORG DANNY BARTH PRO BASKETBALL CLUB, LLC ADVISORY EMPLOYEE OF RELATED ORG
FORM 990, PAGE 6, PART VI, LINE 7ATHE BOARD OF DIRECTORS HAS THE AUTHORITY TO ELECT OTHER BOARD MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 11BA DRAFT OF THE RETURN IS MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12CTHE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
FORM 990, PAGE 6, PART VI, LINE 19THE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.

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