Charity Search / MINNESOTA THUNDER ACADEMY
Recreation & Sports (N64) IRS Verified DX Registered 990 on File

MINNESOTA THUNDER ACADEMY

EIN: 26-3017116 · RICHFIELD, MN 55423-2462 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 89/100
Reliability (20%) 50/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Mission Statement

The Elite Clubs National League, Inc. (“ECNL”) is a 501(c)(3) non-profit member-based organization founded in 2009 to enhance the developmental experience of the female youth soccer players in the United States through: Improving the competitive environment through creation of a true national competitive league with multiple flights; Improving the process for identifying elite female soccer players for the U.S. Soccer youth national teams through a systematic scouting and identification program based on national competitions; and Improving the daily training environment at top female youth soccer clubs through developing best practices and training and organizational guidelines for its member clubs. MN Thunder is proud to be the only metro based club to be part of the US Soccer Development Academy. The Development Academy is a partnership between U.S. Soccer and the top youth clubs around the country to provide the best youth players in the U.S. with an every day environment designed to produce the next generation of National Team players. The Academy’s programming philosophy is based on increased training, less total games and more competitive games. The Academy also connects National Team coaches directly with the Academy clubs to develop and identify players and coaches for future Youth National Teams. Each Academy team is evaluated by a member of the Men’s Scouting Network at least ten times each year and each Academy club receives two formal evaluations in over 100 categories each year from U.S. Soccer Technical Staff. The Development Academy is also focused on identifying and developing the next generation of elite referees. U.S. Soccer assigns up-and-coming officials to participate in Academy games at the local level and at national events.

Financial Overview — FY 2025
$4.1M
Total Revenue
$3.5M
Total Expenses
$2.1M
Net Assets
84
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 83.8%
Fundraising Efficiency 20.1%
Operating Reserve 7.14x
Liability-to-Asset 40.8%
Revenue Diversification 94.6%
Executive Compensation $169K
Compared with Peers
FY 2025
Compared with 1,121 similar organizations (United States, Recreation & Sports, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
83.8% 86.9%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
15.9% 10.0%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.3% 0.0%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
20.1% 21.4%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
7.1 mo 7.8 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
40.8% 10.8%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
94.6% 89.8%
P10P90
Below median
Revenue growth
Year over year revenue growth
22.5% 8.0%
P10P90
Expense growth
Year over year expense growth
22.7% 7.2%
P10P90
Surplus margin
Surplus as a share of revenue
13.6% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $4.1M $3.5M $2.1M 83.8% 84
2024 $3.4M $2.9M $1.6M 81.4% 67
2023 $2.5M $2.2M $1.1M 80.4% 65
2022 $2.1M $1.9M $823K 82.3% 44
2021 $2.1M $1.5M N/A — 42
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Organization Details
EIN
26-3017116
State
MN
City
RICHFIELD
ZIP
55423-2462
Classification
N64
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2009
Foundation Code
16
Form 990
On File
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