Civic Intelligence

Think Together

990 • Fiscal year 2017 • EIN 33-0781751

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 16, 2018

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

84th percentile

0.76x

Higher debt load relative to assets than 84% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

40th percentile

0.21x

Higher debt load relative to revenue than 40% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

44th percentile

1.7%

Higher net margin than 44% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

78th percentile

$413,455

Higher top officer pay than 78% of similar nonprofits.

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

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

49th percentile

4.5%

Faster asset growth than 49% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

67th percentile

12%

Faster revenue growth than 67% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Up

$13,239,472

Up $570,809 (+4.5%) from 2016

Net Assets

Up

$3,133,801

Up $820,613 (+35%) from 2016

Liabilities

Down

$10,105,671

Down $249,804 (-2.4%) from 2016

Revenue

Up

$48,325,135

Up $5,034,495 (+12%) from 2016

Expenses

Up

$47,504,522

Up $4,589,190 (+11%) from 2016

Net Income

Up

$820,613

Up $445,305 (+119%) from 2016

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

2017

Assets$13,239,472
Liabilities$10,105,671
Net Assets$3,133,801

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

2017

Revenue$48,325,135
Expenses$47,504,522
Net Income$820,613
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 16, 2018
Return Version
2016v3.0
Gross Receipts
$48,824,132
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.

Our mission is to partner with schools to support the academic performance of underserved students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,645,059$7,291,217▼ $353,842
Accounts Receivable$3,335,509$4,462,858▲ $1,127,349
Intangible Assets$350,000$350,000→ $0
Investments Other Securities$240,401$270,266▲ $29,865
Prepaid Expenses and Deferred Charges$155,076$145,485▼ $9,591
Cash and Non-Interest-Bearing Accounts$112,471$114,795▲ $2,324
Investments in Publicly Traded Securities$32,625$46,529▲ $13,904
Savings and Temporary Cash Investments$853$2,169▲ $1,316
Total Assets$12,668,663$13,239,472▲ $570,809
Other Assets Total$796,669$556,153▼ $240,516
Liabilities
Accounts Payable and Accrued Expenses$3,060,223$4,335,760▲ $1,275,537
Mortgage Notes Payable Secured by Investment Property$3,914,376$2,812,750▼ $1,101,626
Other Liabilities$3,163,749$2,673,792▼ $489,957
Deferred Revenue$217,127$283,369▲ $66,242
Total Liabilities$10,355,475$10,105,671▼ $249,804
Net Assets / Fund Balance
Unrestricted Net Assets$2,072,788$2,863,534▲ $790,746
Temporarily Rstr Net Assets$240,400$270,267▲ $29,867
Total Net Assets Fund Balance$2,313,188$3,133,801▲ $820,613
Total Liabilities and Net Assets / Fund Balance$12,668,663$13,239,472▲ $570,809

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,352,000-$4,352,000
Buildings$2,742,168$862,074$3,604,242
Equipment$156,860$678,407$835,267
Leasehold Improvements$33,121$111,357$144,478
Other Land Buildings$7,068-$7,068
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
D Randall BarthCEOFT$324,000$89,455$413,455
Mike FrobeniusCFOFT$186,350$46,635$232,985
Tia DwyerChief Operating OfficerFT$176,759$18,000$194,759
Maria ReichelChief of StaffFT$150,000$15,000$165,000
Adriana KingstonDeputy Chief -Program and OperationsFT$141,824$10,850$152,674
Tracy CarmichaelChief Engagement OfficerFT$148,500-$148,500
Fernando ReyesGeneral ManagerFT$143,268-$143,268
Natalia FloresGeneral ManagerFT$143,000-$143,000
Tommy BrewerGeneral ManagerFT$143,000-$143,000
Steven AmickDirector of PolicyFT$136,452-$136,452

Board Members and Trustees

NameTitle
Bernardo SalvatoreBoard Chairperson
Eric BodenBoard Chairperson
Bill TamblynBoard Director
Celeste CantuBoard Director
Daniel YoungBoard Director
Dawn TrautmanBoard Director
Doug AntoneBoard Director
Earl SleeBoard Director
Fran InmanBoard Director
Jeffrey WahbaBoard Director
John LeeBoard Director
Juan LopezBoard Director
Julie Vennewitz-PierceBoard Director
Ken SalgadoBoard Director
Kendra DoyelBoard Director
Leona Aronoff-SadaccaBoard Director
Marti RemmellBoard Director
Mary Lynn CoffeeBoard Director
Paolo LeonBoard Director
Sangeeth PeruriBoard Director
Steve BiltBoard Director
Steven RobertsonBoard Director
Darrel AndersonSecretary
Glenn HowardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,608,985
Program Service Revenue
$45,189,469
Investment Income
$43,910
Other Revenue
$482,771
All Other Contributions
$2,608,985
Change in Net Assets
$820,613

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported Amount
Food Inventory$39,363
Total Noncash Contributions$39,363

Audited Revenue Reconciliation

Revenue per Audited Statements
$48,325,135
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$856,594
Total Revenue per Audited Statements
$49,181,729
Total Revenue per Form 990
$48,325,135
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$36,877,870
Other Expenses$10,616,828
Total Fundraising Expense$1,248,458
Grants and Similar Amounts Paid$9,824
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$30,221,685$1,859,156$577,166$32,658,007
Payroll Taxes$2,996,512$93,142$43,816$3,133,470
Insurance$1,349,541$426,497$18,894$1,794,932
Current Officers, Directors, Trustees, and Key Employees$1,086,393--$1,086,393
All Other Expenses$395,149$378,581$114,928$888,658
Occupancy$809,167$21,356-$830,523
Fees for Services Legal$570,898$86,260-$657,158
Travel$453,866$47,217$21,934$523,017
Fees for Services Other$84,792$133,967$266,654$485,413
Office Expenses$309,030$140,598$33,529$483,157
Information Technology$331,379$91,468$16,760$439,607
Other Expenses$366,660$17,343$2,235$386,238
Depreciation Depletion-$356,446-$356,446
Interest-$263,206-$263,206
Advertising$101,517$13,749$110,818$226,084
Fees for Services Accounting-$43,593-$43,593
Grants to Domestic Individuals$9,824--$9,824
Total Functional Expenses$42,158,760$4,097,304$1,248,458$47,504,522

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$48,361,116
Expenses per Audited Statements$47,504,522
Total Expenses per Form 990$47,504,522
Expenses Not Reported on Form 990$856,594
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$389,000
Fundraising Direct Expenses$162,403
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$389,000$389,000$162,403$226,597
Total Events$389,000$389,000$162,403$226,597
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$397,898
Mary BarthCEO's wifeSee Sch ONo$84,975
-Director's employerSee Sch ONo$17,118
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Service obligation$2,673,792
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 11B

The Form 990 is reviewed by the Executive Committee, Audit 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 at the company website, 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
2018-04-16
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
4,018
Volunteers
1,813

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 offers programs and services in four core areas and continues to evolve its program offerings to meet the needs of our partners. Think Together programs are delivered throughout the State of California, across 50 school districts and serving over 150,000 individual students. Programs are aligned with research-based practices to support learning in and out of school so kids can succeed in their journey to college and career readiness. The four core program and service areas are: EARLY LEARNING, AFTERSCHOOL, STUDENT SUPPORT SERVICES, and SCHOOL IMPROVEMENT. EARLY LEARNING programs promote school readiness for children from birth to five years of age and are focused on early literacy, math and parent education skills. AFTERSCHOOL programs are hosted on school campuses or community sites to enhance and reinforce learning for students in grades K-12. These programs focus on English, STEM, youth development, arts and enrichment. STUDENT SUPPORT SERVICES are customized programs tailored to meet the needs of individual students, schools or districts. These programs are focused in the areas of summer, tutoring, substitute teacher staffing, physical education, and arts or STEM programs. SCHOOL IMPROVEMENT services are in-school coaching and training for district and school administrators and teachers. These services are provided through Principal's Exchange, an affiliate of Think Together. Areas of focus include equity and achievement analysis, systems change supports, leadership development, and instructional improvement.

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. Nossaman LLP, which is the employer of a board member, is a firm engaged to provide Public affairs and outreach 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/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt300
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt320
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt330
IRS990/Form990PartVIISectionAGrp/PersonNm0D Randall Barth
IRS990/Form990PartVIISectionAGrp/PersonNm1Darrel Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm2Glenn Howard
IRS990/Form990PartVIISectionAGrp/PersonNm3Daniel Young
IRS990/Form990PartVIISectionAGrp/PersonNm4Leona Aronoff-Sadacca
IRS990/Form990PartVIISectionAGrp/PersonNm5Mary Lynn Coffee
IRS990/Form990PartVIISectionAGrp/PersonNm6Fran Inman
IRS990/Form990PartVIISectionAGrp/PersonNm7Paolo Leon
IRS990/Form990PartVIISectionAGrp/PersonNm8Marti 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/PersonNm15Juan Lopez
IRS990/Form990PartVIISectionAGrp/PersonNm16Earl Slee
IRS990/Form990PartVIISectionAGrp/PersonNm17Kendra Doyel
IRS990/Form990PartVIISectionAGrp/PersonNm18Bill Tamblyn
IRS990/Form990PartVIISectionAGrp/PersonNm19John Lee
IRS990/Form990PartVIISectionAGrp/PersonNm20Steven Robertson
IRS990/Form990PartVIISectionAGrp/PersonNm21Julie Vennewitz-Pierce
IRS990/Form990PartVIISectionAGrp/PersonNm22Jeffrey Wahba
IRS990/Form990PartVIISectionAGrp/PersonNm23Dawn Trautman
IRS990/Form990PartVIISectionAGrp/PersonNm24Bernardo Salvatore
IRS990/Form990PartVIISectionAGrp/PersonNm25Mike Frobenius
IRS990/Form990PartVIISectionAGrp/PersonNm26Maria Reichel
IRS990/Form990PartVIISectionAGrp/PersonNm27Adriana Kingston
IRS990/Form990PartVIISectionAGrp/PersonNm28Tia Dwyer
IRS990/Form990PartVIISectionAGrp/PersonNm29Natalia Flores
IRS990/Form990PartVIISectionAGrp/PersonNm30Fernando Reyes
IRS990/Form990PartVIISectionAGrp/PersonNm31Tommy Brewer
IRS990/Form990PartVIISectionAGrp/PersonNm32Steven Amick
IRS990/Form990PartVIISectionAGrp/PersonNm33Tracy Carmichael
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Director
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/TitleTxt23Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Board Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt25CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt26Chief of Staff
IRS990/Form990PartVIISectionAGrp/TitleTxt27Deputy Chief -Program and Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt28Chief Operating Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt29General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt30General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt31General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt32Director of Policy
IRS990/Form990PartVIISectionAGrp/TitleTxt33Chief Engagement Officer
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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0Think Together envisions educational excellence and equity where all kids get a great education that prepares them for college and career. Our mission is to partner with schools to support the academic performance of underserved students.
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IRS990/NetAssetsOrFundBalancesEOYAmt03133801
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