Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

THOR INC is a nonprofit organization dedicated to enhancing community recreation through the creation and sharing of natural surface trail experiences in Eastern Nebraska and Western Iowa. With an operating budget of $1.7 million and total revenue of $881.7K for the 2024 filing year, the organization focuses on advocacy, education, and the development of sustainable and accessible trails. THOR INC does not rely on a single funder for more than 50% of its revenue, ensuring a diverse funding base for its initiatives. More information can be found on their website at www.thortrails.org.

Mission Statement

TO CREATE AND SHARE THE NATURAL SURFACE TRAIL EXPERIENCE IN EASTERN NEBRASKA AND WESTERN IOWA THROUGH ADVOCACY, EDUCATION, AND THE BUILDING OF SUSTAINABLE AND ACCESSIBLE TRAILS.
Revenues
$881.7K
Expenses
$1.7M
Net Income:
-$848.4K
Assets
$614.6K
Liabilities
$15.2K
Net Assets:
+$599.3K
Operating Budget
$1.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
6
Median grant size
$80K
Largest grant received
$356.6K
J
Jason Brummels
Board Member
C
Corbin Redli
Board Member
P
Patrick Jensen
Board Member

Frequently Asked Questions

What is THOR INC’s budget?
In 2024, THOR INC reported an annual operating budget of around $1.7 million. More detailed financial information is available to registered users.
What causes does THOR INC support?
THOR INC supports work in Sports and recreation and Community recreation.
Where does THOR INC operate?
THOR INC is headquartered in Lincoln, NE.
Who funded THOR INC recently?
In 2025, THOR INC received grants from REI COOPERATIVE ACTION FUND, THE SHERWOOD FOUNDATION, and THE SHERWOOD FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THOR INC received in 2024?
The largest grant to THOR INC in 2024 exceeds $357 thousand.