Civic Intelligence

Think Together

990 • Fiscal year 2015 • EIN 33-0781751

Jul 01, 2014 to Jun 30, 2015 • Filed on Mar 22, 2016

2101 E Fourth Street Bldg B 2nd FlSanta Ana, CA 92705-3916

(714) 543-3807

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.83x

Higher debt load relative to assets than 87% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

37th percentile

0.20x

Higher debt load relative to revenue than 37% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

39th percentile

1.4%

Higher net margin than 39% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

77th percentile

$405,531

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

7th percentile

-11%

Faster asset growth than 7% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

18th percentile

-10%

Faster revenue growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Down

$11,507,126

Down $1,382,523 (-11%) from 2014

Net Assets

Up

$1,937,880

Up $652,742 (+51%) from 2014

Liabilities

Down

$9,569,246

Down $2,035,265 (-18%) from 2014

Revenue

Down

$47,151,863

Down $5,309,860 (-10%) from 2014

Expenses

Down

$46,499,121

Down $6,630,080 (-12%) from 2014

Net Income

Up

$652,742

Up $1,320,220 (+198%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2013: $14,797,148Liabilities 2013: $12,844,532Net Assets 2013: $1,952,6162013Assets 2014: $12,889,649Liabilities 2014: $11,604,511Net Assets 2014: $1,285,1382014Assets 2015: $11,507,126Liabilities 2015: $9,569,246Net Assets 2015: $1,937,8802015Assets 2016: $12,668,663Liabilities 2016: $10,355,475Net Assets 2016: $2,313,1882016Assets 2017: $13,239,472Liabilities 2017: $10,105,671Net Assets 2017: $3,133,8012017Assets 2018: $13,261,961Liabilities 2018: $9,423,306Net Assets 2018: $3,838,6552018Assets 2019: $15,258,028Liabilities 2019: $10,503,905Net Assets 2019: $4,754,1232019Assets 2020: $18,020,377Liabilities 2020: $13,023,739Net Assets 2020: $4,996,6382020Assets 2021: $21,163,923Liabilities 2021: $15,191,086Net Assets 2021: $5,972,8372021Assets 2022: $32,711,151Liabilities 2022: $20,044,248Net Assets 2022: $12,666,9032022Assets 2023: $52,984,329Liabilities 2023: $38,657,036Net Assets 2023: $14,327,2932023Assets 2024: $53,678,915Liabilities 2024: $32,699,317Net Assets 2024: $20,979,5982024

Highlighted filing

2015

Assets$11,507,126
Liabilities$9,569,246
Net Assets$1,937,880

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300M$200M$100M$0-$100MExpenses 2013: $49,920,3982013Revenue 2014: $52,461,723Expenses 2014: $53,129,201Net Income 2014: -$667,4782014Revenue 2015: $47,151,863Expenses 2015: $46,499,121Net Income 2015: $652,7422015Revenue 2016: $43,290,640Expenses 2016: $42,915,332Net Income 2016: $375,3082016Revenue 2017: $48,325,135Expenses 2017: $47,504,522Net Income 2017: $820,6132017Revenue 2018: $50,596,203Expenses 2018: $49,891,349Net Income 2018: $704,8542018Revenue 2019: $52,918,845Expenses 2019: $52,003,377Net Income 2019: $915,4682019Revenue 2020: $66,309,810Expenses 2020: $66,067,295Net Income 2020: $242,5152020Revenue 2021: $75,709,835Expenses 2021: $74,733,636Net Income 2021: $976,1992021Revenue 2022: $97,424,314Expenses 2022: $90,631,472Net Income 2022: $6,792,8422022Revenue 2023: $168,082,502Expenses 2023: $166,456,861Net Income 2023: $1,625,6412023Revenue 2024: $216,930,791Expenses 2024: $210,575,049Net Income 2024: $6,355,7422024

Highlighted filing

2015

Revenue$47,151,863
Expenses$46,499,121
Net Income$652,742
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Mar 22, 2016
Return Version
2014v6.0
Gross Receipts
$47,374,710
Mission and Program Overview

Mission

THINK Together envisions educational excellence and equity for all kids. Our mission is to create opportunities for all kids to discover their passions and reach their full potential. THINK Together does this by supporting the academic performance of underserved students.

To provide high-quality academically-oriented out-of-school programs for students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,010,692$7,902,189▼ $108,503
Accounts Receivable$3,575,068$2,191,211▼ $1,383,857
Intangible Assets$350,000$350,000→ $0
Investments Other Securities$260,679$267,267▲ $6,588
Prepaid Expenses and Deferred Charges$152,973$158,104▲ $5,131
Cash and Non-Interest-Bearing Accounts$63,894$124,699▲ $60,805
Investments in Publicly Traded Securities$15,906$31,263▲ $15,357
Savings and Temporary Cash Investments$207,155$765▼ $206,390
Total Assets$12,889,649$11,507,126▼ $1,382,523
Other Assets Total$253,282$481,628▲ $228,346
Liabilities
Other Liabilities$4,102,205$3,639,754▼ $462,451
Accounts Payable and Accrued Expenses$3,469,428$3,297,380▼ $172,048
Mortgage Notes Payable Secured by Investment Property$3,688,373$2,122,817▼ $1,565,556
Deferred Revenue$344,505$509,295▲ $164,790
Total Liabilities$11,604,511$9,569,246▼ $2,035,265
Net Assets / Fund Balance
Unrestricted Net Assets$1,024,459$1,670,613▲ $646,154
Temporarily Rstr Net Assets$260,679$267,267▲ $6,588
Total Net Assets Fund Balance$1,285,138$1,937,880▲ $652,742
Total Liabilities and Net Assets / Fund Balance$12,889,649$11,507,126▼ $1,382,523

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,352,000-$4,352,000
Buildings$3,105,762$449,296$3,555,058
Equipment$424,528$536,205$960,733
Leasehold Improvements$19,899$38,994$58,893
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
D Randall BarthCEOFT$363,456$42,075$405,531
Mike FrobeniusCFOFT$177,033-$177,033
Timothy Michael ShawChief Development OfficerFT$158,590-$158,590
Tia DwyerGeneral ManagerFT$142,500-$142,500
Adriana KingstonGeneral ManagerFT$137,132-$137,132
Fernando ReyesGeneral ManagerFT$134,618-$134,618
Susan KirklandDirector of DevelopmentFT$129,708-$129,708

Board Members and Trustees

NameTitle
Eric BodenBoard Chairperson
Mary Lynn CoffeeBoard Director/Vice Chair
Bill TamblynBoard Director
Catherine MuzzyBoard Director
Celeste CantuBoard Director
Doug AntoneBoard Director
Fran InmanBoard Director
Jeffrey WahbaBoard Director
Jerry DaudermanBoard Director
John PochBoard Director
Julie Vennewitz-PierceBoard Director
Ken SalgadoBoard Director
Kendra DoyelBoard Director
Leona Aronoff-SadaccaBoard Director
Martin RemmellBoard Director
Paolo LeaonBoard Director
Ryan FaulknerBoard Director
Sangeeth PeruriBoard Director
Steve BiltBoard Director
Steven RobertsonBoard Director
Darrel AndersonBoard Director/Secretary
Glenn HowardTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Boys & Girls Club of Santa AnaChildren's activities250 N Golden Circle 104, Santa Ana, CA 92705$265,385
Revenue and Support

Revenue Composition

Contributions and Grants
$3,144,529
Program Service Revenue
$43,828,412
Investment Income
$5,107
Other Revenue
$173,815
All Other Contributions
$2,820,009
Change in Net Assets
$652,742

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$38,301
Food Inventory-$20,142
Total Noncash Contributions1$58,443

Audited Revenue Reconciliation

Revenue per Audited Statements
$47,151,863
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$222,847
Total Revenue per Audited Statements
$47,374,710
Total Revenue per Form 990
$47,151,863
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$36,373,545
Other Expenses$10,105,726
Total Fundraising Expense$1,035,399
Grants and Similar Amounts Paid$19,850
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$30,393,008$1,485,772$548,350$32,427,130
Payroll Taxes$3,103,469$102,707$41,160$3,247,336
Insurance$1,774,462$455,254$23,079$2,252,795
Occupancy$841,395$56,020-$897,415
All Other Expenses$361,475$362,520$41,023$765,018
Current Officers, Directors, Trustees, and Key Employees$699,079--$699,079
Travel$573,958$37,699$14,718$626,375
Depreciation Depletion-$368,289-$368,289
Fees for Services Other$61,621$60,412$218,882$340,915
Interest-$301,782-$301,782
Office Expenses$185,142$55,098$44,115$284,355
Other Expenses$211,164$4,007$38,832$254,003
Information Technology$174,416$44,720$7,670$226,806
Advertising$74,916$7,486$54,938$137,340
Fees for Services Accounting$2,858$34,717-$37,575
Fees for Services Legal-$25,150-$25,150
Grants to Domestic Individuals$19,850--$19,850
Total Functional Expenses$42,001,490$3,462,232$1,035,399$46,499,121

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$46,721,968
Expenses per Audited Statements$46,499,121
Total Expenses per Form 990$46,499,121
Expenses Not Reported on Form 990$222,847
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Kathryn AllenCEO's sister-in-lawSee Sch ONo$170,376
Mary BarthCEO's wifeSee Sch ONo$74,250
Joyce HowardTreasurer's wifeSee Sch ONo$58,500
-Director's employerSee Sch ONo$30,000
Glenn HowardDirector/TreasurerSee Sch ONo$525
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Service obligation$3,639,754
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

The Form 990 is reviewed by the Executive Committee and the Board of Directors.

Form 990, Part VI, Section B, line 12C

On an annual basis, THINK Together reviews its Conflicts of Interest policy with its board members. A written affirmation of compliance is obtained from each board member annually. Additionally, THINK Together's Conflicts of Interest policy is outlined in its Employee Handbook. All new hires acknowledge reviewing this policy and, on an annual basis, a written affirmation of compliance is obtained from all regular full-time employees. Finally, THINK Together has engaged an independent third-party service provider to receive, monitor, and report on any ethical or workplace concerns raised by its employees. Information regarding this anonymous service is communicated in its Employee Handbook, verbally communicated to new hires and posted at all work locations.

Form 990, Part VI, Section B, line 15

Executive Committee reviews CEO performance against previously established annual performance metrics. Further, EC benchmarks CEO compensation against similar organizations based on information obtained from those organization's 990s and other compensation surveys. Executive Committee and the CEO review all executive performance against previously established performance metrics and other qualitative measures. The Executive Committee benchmarks all executive compensation against similar organizations based on information obtained from those organization's 990s and other compensation surveys.

Form 990, Part VI, Section C, line 19

Governing documents, conflict of interest policy and financial statements are available for public inspection at its main office, on-line with GuideStar, submitted with all grants, and otherwise available by request.

Filing and Contact Details

Filer

Filer Name
THINK Together
EIN
33-0781751
Phone
7145433807
Address
2101 E Fourth Street Bldg B 2nd Fl, Santa Ana, CA 92705-3916

Signing Officer

Name
D Randall Barth
Title
CEO
Phone
7145433807
Signed
2016-03-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
D Randall Barth
Formed
1997
Legal Domicile
CA
Voting Board Members
23
Independent Board Members
22
Employees
4,370
Volunteers
5,000

Preparer

Firm
Stephens Reidinger & Beller LLP
Address
1301 Dove Street Suite 890, Newport Beach, CA 92660
Preparer
David R Stephens
Phone
9497527400
Supplemental Narrative

Additional Explanations

Form 990, Part III, 4 A

Statement of Program Service Accomplishments (stmt #4a) THINK Together focuses its efforts on providing extended learning opportunities to underserved students by offering high quality, academically-oriented out-of-school programs. Services include early literacy and math programs for pre-K students, daily comprehensive academic support programs (K-12), summer enrichment programs (K-12), small group tutoring programs (K-12), as well as fee based hourly enrichment programs (K-5). For the year ended June 30, 2015, these services were provided at more than 400 schools and community locations in partnership with nearly 50 public school districts throughout California, covering Los Angeles, Orange, Riverside, San Bernardino, San Diego, Alameda, Santa Clara and San Mateo counties. These programs operate largely in economically disadvantaged neighborhoods where many of the students who participate struggle academically, and may not have the resources and support at home to allow them to perform at their full potential. Approximately 150,000 students were provided free access to these programs during the year ended June 30, 2015. THINK Together managed a paid staff of over 2,700 employees and coordinated approximately 5,000 volunteers who contributed over 203,000 volunteer hours to deliver and support these programs. During the past year, THINK Together established a strategic partnership with Principals Exchange, a consulting firm that works with public schools and districts to support instructional improvement, leadership development and systems change during the school day. Key elements of this strategic partnership include a THINK Together minority equity interest in Principals Exchange along with an operating agreement to provide a variety of administrative and support services.

Form 990, Schedule L, Part IV D

THINK Together purchased its business insurance at market rates through an insurance agency that employs the sister-in-law of THINK Together's CEO. Mary Barth, the wife of THINK Together's CEO and Founder, is employed by THINK Together as its Director of Administration. Joyce Howard, the wife of THINK Together's Treasurer and Director, is employed by THINK Together as a reading specialist instructor at the organization's Shalimar Learning Center. Glenn Howard, who is a Director/Treasurer, was contracted by THINK Together to provide legal services. Lincoln Property, which is the employer of a board member, is a firm engaged to provide property management services.

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

Rental activity expense reclassification

Part XII, Line 2D - Other Adjustments:

Rental activity expense reclassification

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt270
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt280
IRS990/Form990PartVIISectionAGrp/PersonNm0D Randall Barth
IRS990/Form990PartVIISectionAGrp/PersonNm1Darrel Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm2Glenn Howard
IRS990/Form990PartVIISectionAGrp/PersonNm3Jerry Dauderman
IRS990/Form990PartVIISectionAGrp/PersonNm4Leona Aronoff-Sadacca
IRS990/Form990PartVIISectionAGrp/PersonNm5Mary Lynn Coffee
IRS990/Form990PartVIISectionAGrp/PersonNm6Fran Inman
IRS990/Form990PartVIISectionAGrp/PersonNm7Paolo Leaon
IRS990/Form990PartVIISectionAGrp/PersonNm8Martin Remmell
IRS990/Form990PartVIISectionAGrp/PersonNm9Sangeeth Peruri
IRS990/Form990PartVIISectionAGrp/PersonNm10Celeste Cantu
IRS990/Form990PartVIISectionAGrp/PersonNm11Steve Bilt
IRS990/Form990PartVIISectionAGrp/PersonNm12Doug Antone
IRS990/Form990PartVIISectionAGrp/PersonNm13Ken Salgado
IRS990/Form990PartVIISectionAGrp/PersonNm14Eric Boden
IRS990/Form990PartVIISectionAGrp/PersonNm15Catherine Muzzy
IRS990/Form990PartVIISectionAGrp/PersonNm16Ryan Faulkner
IRS990/Form990PartVIISectionAGrp/PersonNm17Kendra Doyel
IRS990/Form990PartVIISectionAGrp/PersonNm18Bill Tamblyn
IRS990/Form990PartVIISectionAGrp/PersonNm19John Poch
IRS990/Form990PartVIISectionAGrp/PersonNm20Steven Robertson
IRS990/Form990PartVIISectionAGrp/PersonNm21Julie Vennewitz-Pierce
IRS990/Form990PartVIISectionAGrp/PersonNm22Jeffrey Wahba
IRS990/Form990PartVIISectionAGrp/PersonNm23Mike Frobenius
IRS990/Form990PartVIISectionAGrp/PersonNm24Timothy Michael Shaw
IRS990/Form990PartVIISectionAGrp/PersonNm25Susan Kirkland
IRS990/Form990PartVIISectionAGrp/PersonNm26Fernando Reyes
IRS990/Form990PartVIISectionAGrp/PersonNm27Adriana Kingston
IRS990/Form990PartVIISectionAGrp/PersonNm28Tia Dwyer
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Director/Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt24Chief Development Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director of Development
IRS990/Form990PartVIISectionAGrp/TitleTxt26General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt27General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt28General Manager
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IRS990/MissionDesc0THINK Together envisions educational excellence and equity for all kids. Our mission is to create opportunities for all kids to discover their passions and reach their full potential. THINK Together does this by supporting the academic performance of underserved students.
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