Youth and community nonprofits / Texas / Southlake

Recreational clubs

North Texas Thunder Water Polo

A tax-exempt nonprofit in Southlake, Texas, classified by the IRS as recreational clubs. For the year ending Dec 2025 it reported $529,286 in revenue and $609,034 in expenses.

Data as of November 8, 2026Markdown copy JSON data

What it says it does

“To teach the game of water polo to age groups and youth athletes in organized teams to play both developmental (or recreational) and advanced (or competitive) water polo. To organize teams, conduct instructions in coaching and govern the policies applying to all members.”From the organization's Form 990 for the year ending Dec 2025, as written (including spelling); all-capital text shown in normal capitalization.

IRS facts

Type: Recreational clubs (IRS activity code N50)

Mailing city (IRS): Southlake, Texas 76092

EIN: 27-5555694

Tax status: 501(c)(3), eligible to receive tax-deductible donations; IRS-recognized as tax-exempt since 2012, per IRS records posted October 13, 2026.

Revenue on its latest IRS filing: $529,286 (year ending Dec 2025)

Check its status on IRS Tax Exempt Organization Search · Filings on ProPublica Nonprofit Explorer

North Texas Thunder Water Polo finances

From the annual returns the group files with the IRS (Form 990, or the shorter Form 990-EZ for smaller groups), 3 filed years. Net assets are what it owns minus what it owes; management and general is office, admin and insurance cost. A dash means not reported (the short form does not ask for employees or volunteers). Each figure links to that year's return. A year is left out when no return is in the IRS e-file data; that does not mean the group was inactive.

Year ending	Dec 2021	Dec 2023	Dec 2025
Total revenue	$378,678	$601,578	$529,286
Total expenses	$366,344	$566,158	$609,034
Total assets	$120,796	$159,519	$133,267
Liabilities	$2,040	$0	$250
Net assets	$118,756	$159,519	$133,017
Employees	23	26	38
Volunteers	0	0	0
IRS form	Form 990	Form 990	Form 990

Where the money goes, year ending Dec 2025

Programs $536,749 (88%)
Management and general $72,285 (12%)
Fundraising $0 (0%)

Where the money comes from, year ending Dec 2025

Gifts and grants $7,775 (1%)
Program fees $524,384 (99%)
Investment income $14 (0%)
Other -$2,887

Other is negative: the filing nets losses, for example on events or investments, against income. Percentages use only the positive sources and are rounded, so they may not add to 100.

People: 38 employees and 0 volunteers reported for the year ending Dec 2025. Counts only; BackPR does not publish names of officers or staff.

Revenue trend: Steady. Revenue went from $378,678 (year ending Dec 2021) to $529,286 (Dec 2025), about +9% a year.

Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

Source: IRS Form 990 Series Downloads (the returns open on ProPublica Nonprofit Explorer, which republishes the IRS files). Figures are as the organization filed them. Texas nonprofit.

How it compares

1 of 4 recreation and club nonprofits in Southlake when sorted from largest to smallest revenue. This shows size only, not quality. Groups with no reported revenue are listed last.

Size: revenue of $529,286 is higher than roughly 70 to 80% of the 100 recreation and club nonprofits in Texas that report revenue to the IRS (the city count above also includes groups with none). The median is $169,147.

Our analysis of the IRS Business Master File (posted October 13, 2026), using each group's latest reported revenue. Groups are sorted by revenue and split into ten equal bands, using all Texas groups of this type (Recreation and clubs, which covers several IRS activity codes). Size only, not a rating.

Around Southlake and its county

Tarrant County, Texas: the Census Bureau estimates about 551,303 children under 18 (July 1, 2024). This directory lists 837 youth and community nonprofits with a mailing ZIP code in the county, about 1.5 per 1,000 children. The count includes PTAs, arts and day care groups, so it is not a measure of places for kids.

This group's ZIP code is matched to the county that holds most of its area, so counts are approximate. County figures come from the Census Bureau's Vintage 2024 population estimates.

What is North Texas Thunder Water Polo's EIN?

North Texas Thunder Water Polo's EIN (Employer Identification Number) is 27-5555694. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

Is North Texas Thunder Water Polo a nonprofit?

Yes. The IRS lists North Texas Thunder Water Polo in Southlake, Texas as tax-exempt under section 501(c)(3), recognized since 2012. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

Are donations to North Texas Thunder Water Polo tax-deductible?

Yes, the IRS lists gifts to North Texas Thunder Water Polo as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

What does North Texas Thunder Water Polo do?

In its own words on its Form 990 for the year ending Dec 2025: "To teach the game of water polo to age groups and youth athletes in organized teams to play both developmental (or recreational) and advanced (or competitive) water polo. To organize teams, conduct instructions in coaching and govern the policies applying to all members." The IRS classifies it as: Recreational clubs.

How much money does North Texas Thunder Water Polo take in?

For the year ending Dec 2025, North Texas Thunder Water Polo reported total revenue of $529,286 and total expenses of $609,034 on its Form 990 (IRS Form 990 e-file data).

Do you run this organization?

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All youth and community nonprofits in Southlake

Source: IRS Exempt Organizations Business Master File, posted October 13, 2026. We list 501(c)(3) organizations whose IRS activity code is youth development, amateur sports, camps and recreation, parent-teacher groups, children's services, child day care or arts education. We show the city and ZIP code only, never a street address or contact person. A listing is not an endorsement.

Data as of November 8, 2026. Sources: IRS Business Master File (posted October 13, 2026), IRS Form 990 series e-file data, U.S. Census Bureau population estimates (July 1, 2024), state child care licensing records in the BackPR finder. Growth labels, ranks and percentiles are BackPR's own calculations.

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