Civic Intelligence

I Think Community Foundation Inc.

990EZ • Fiscal year 2021 • EIN 35-2550107

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

Organization ProfileITHINKFI.ORG/FOUNDATION
1000 NW 17th AveDelray Beach, FL 33445

(561) 982-4700

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

71st percentile

26%

Higher net margin than 71% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

97th percentile

417%

Faster asset growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

80th percentile

71%

Faster revenue growth than 80% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$22,886

Up $18,461 (+417%) from 2020

Net Assets

Up

$22,886

Up $18,461 (+417%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin71st percentile

Revenue

Up

$70,814

Up $29,281 (+71%) from 2020

Expenses

Up

$52,353

Up $5,866 (+13%) from 2020

Net Income

Up

$18,461

Up $23,415 (+473%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$150K$100K$50K$0Assets 2020: $4,425Liabilities 2020: $0Net Assets 2020: $4,4252020Assets 2021: $22,886Liabilities 2021: $0Net Assets 2021: $22,8862021Assets 2022: $12,388Liabilities 2022: $0Net Assets 2022: $12,3882022Assets 2023: $39,682Liabilities 2023: $0Net Assets 2023: $39,6822023Assets 2024: $138,386Liabilities 2024: $0Net Assets 2024: $138,3862024

Highlighted filing

2021

Assets$22,886
Liabilities$0
Net Assets$22,886
Open 2021 Filing

Operations Trend

Revenue Growth80th percentile

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

$300K$200K$100K$0-$100KRevenue 2020: $41,533Expenses 2020: $46,487Net Income 2020: -$4,9542020Revenue 2021: $70,814Expenses 2021: $52,353Net Income 2021: $18,4612021Revenue 2022: $86,499Expenses 2022: $96,997Net Income 2022: -$10,4982022Revenue 2023: $121,551Expenses 2023: $94,257Net Income 2023: $27,2942023Revenue 2024: $246,044Expenses 2024: $147,340Net Income 2024: $98,7042024

Highlighted filing

2021

Revenue$70,814
Expenses$52,353
Net Income$18,461
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$75,935
Mission and Program Overview

Mission

The foundation raised funds from employees, member and vendors of ithink financial credit union and has been establshed to support the charitable endeavors of our employees, member and community partners which directly benefits the communities in which ithink financial credit union operates.

Program Services

DescriptionGrantsExpenses
SCHOOL SUPPLIES AND HOLIDAY GIFTS FOR UNDERPRIVILEGED CHILDREN$6,000$33,153
COLLEGE SCHOLARSHIPS$19,200$19,200
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL L MILLERPresident-$0--
MICHAEL W TOWNSENDSecretary & Treasurer-$0--
JOHNNY BENNETTDirector-$0--
JAMES M DORMANDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Candy Sales$5,786$5,786$5,121$665
Mask Sales$1,078$1,078-$1,078
Total Events$6,864$6,864$5,121$1,743
Filing and Contact Details

Filer

Filer Name
iTHINK Community Foundation Inc
EIN
35-2550107
In Care Of
% JEFF KOLHAGEN
Phone
5619824700
Address
1000 NW 17TH AVE, DELRAY BEACH, FL 33445

Signing Officer

Name
Michael L Miller
Title
President/CEO
Phone
7880595454
Signed
2022-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Forvis Llp
Address
201 N Illinois Street, Indianapolis, IN 46204
Preparer
Michael J Summers
Phone
3173834000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“GRANTS AND SIMILAR AMOUNTS PAID $19,200 of grants CONSISTS OF SCHOLARSHIPS. ITHINK COMMUNITY FOUNDATION GIVES 6 students in college or entering college A SCHOLARSHIP FOR $2,500.”

Form 990EZ Part I Line 16

“Description:ANNUAL CHILDREN'S HOLIDAY Amount:22714”

Form 990EZ Part I Line 16

“Description:SCHOOL READY DAYS Amount:4310”

Raw XML Appendix189 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DELRAY BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL L MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL W TOWNSEND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHNNY BENNETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAMES M DORMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY & TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt027024
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE FOUNDATION RAISED FUNDS FROM EMPLOYEES, MEMBER AND VENDORS OF ITHINK FINANCIAL CREDIT UNION AND HAS BEEN ESTABLSHED TO SUPPORT THE CHARITABLE ENDEAVORS OF OUR EMPLOYEES, MEMBER AND COMMUNITY PARTNERS WHICH DIRECTLY BENEFITS THE COMMUNITIES IN WHICH ITHINK FINANCIAL CREDIT UNION OPERATES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOOL SUPPLIES AND HOLIDAY GIFTS FOR UNDERPRIVILEGED CHILDREN
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1COLLEGE SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt06000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt119200
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt033153
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt119200
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/SpecialEventsNetIncomeLossAmt01743
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0FL
IRS990EZ/StatesWhereCopyOfReturnIsFldCd1GA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt052353
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IRS990EZ/TotalRevenueAmt070814
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0ITHINKFI.ORG/FOUNDATION
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt069071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt035970
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt055193
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt072068
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt032519
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0264821
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0160336
IRS990ScheduleA/SubstantialContributorsTotAmt0104485
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt069071
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt035970
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt055193
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0264821
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt01743
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt015485
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CANDY SALES
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0MASK SALES
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt05786
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt01743
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRANTS AND SIMILAR AMOUNTS PAID $19,200 of grants CONSISTS OF SCHOLARSHIPS. ITHINK COMMUNITY FOUNDATION GIVES 6 students in college or entering college A SCHOLARSHIP FOR $2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:ANNUAL CHILDREN'S HOLIDAY Amount:22714
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:SCHOOL READY DAYS Amount:4310
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART I LINE 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL L MILLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07880595454
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0iTHINK Community Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0ITHI
ReturnHeader/Filer/EIN0352550107
ReturnHeader/Filer/InCareOfNm0% JEFF KOLHAGEN
ReturnHeader/Filer/PhoneNum05619824700
ReturnHeader/Filer/USAddress/AddressLine1Txt01000 NW 17TH AVE
ReturnHeader/Filer/USAddress/CityNm0DELRAY BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033445
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FORVIS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 N Illinois Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Indianapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046204
ReturnHeader/PreparerPersonGrp/PhoneNum03173834000
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J SUMMERS
ReturnHeader/ReturnTs02022-11-10T08:11:56-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michael L
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Miller
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,886
Liabilities
$0
Net assets
$22,886
Revenue
$70,814
Expenses
$52,353
Net income
$18,461
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.00$1.38$2.46$1.47$0.99
2023Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$1.22$0.94$0.27
2022Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.86$0.97$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.71$0.52$0.18
2020Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.42$0.46$0.05