Civic Intelligence

Right Thinking Foundation

990EZ • Fiscal year 2019 • EIN 46-1881414

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 09, 2020

1316 Baecher LaneNorfolk, VA 23509

(757) 761-1888

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

59th percentile

7.7%

Higher net margin than 59% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

83rd percentile

$16,667

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 40.7% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

78th percentile

31%

Faster asset growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

21st percentile

-25%

Faster revenue growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$13,210

Up $3,137 (+31%) from 2018

Net Assets

Up

$13,210

Up $3,137 (+31%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$40,905

Down $13,309 (-25%) from 2018

Expenses

Down

$37,768

Down $15,004 (-28%) from 2018

Net Income

Up

$3,137

Up $1,695 (+118%) from 2018

Historical Trend

Balance Sheet Trend

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

$40K$20K$0-$20K-$40KAssets 2016: $10,088Net Assets 2016: $10,0882016Assets 2017: $9,849Liabilities 2017: $1,218Net Assets 2017: $8,6312017Assets 2018: $10,073Net Assets 2018: $10,0732018Assets 2019: $13,210Net Assets 2019: $13,2102019Assets 2020: $898Liabilities 2020: $22,283Net Assets 2020: -$21,3852020Assets 2021: $254Liabilities 2021: $23,826Net Assets 2021: -$23,5722021Assets 2022: $22,231Liabilities 2022: $31,701Net Assets 2022: -$9,4702022Assets 2023: $16,474Liabilities 2023: $16,651Net Assets 2023: -$1772023Assets 2024: $9,011Liabilities 2024: $16,322Net Assets 2024: -$7,3112024

Highlighted filing

2019

Assets$13,210
Liabilities-
Net Assets$13,210

Operations Trend

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

$100K$50K$0-$50KRevenue 2016: $61,330Expenses 2016: $59,891Net Income 2016: $1,4392016Revenue 2017: $69,454Expenses 2017: $70,911Net Income 2017: -$1,4572017Revenue 2018: $54,214Expenses 2018: $52,772Net Income 2018: $1,4422018Revenue 2019: $40,905Expenses 2019: $37,768Net Income 2019: $3,1372019Revenue 2020: $28,406Expenses 2020: $58,308Net Income 2020: -$29,9022020Revenue 2021: $27,023Expenses 2021: $29,210Net Income 2021: -$2,1872021Revenue 2022: $27,265Expenses 2022: $13,163Net Income 2022: $14,1022022Revenue 2023: $27,760Expenses 2023: $18,467Net Income 2023: $9,2932023Revenue 2024: $30,040Expenses 2024: $37,174Net Income 2024: -$7,1342024

Highlighted filing

2019

Revenue$40,905
Expenses$37,768
Net Income$3,137
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 9, 2020
Return Version
2019v5.0
Gross Receipts
$45,048
Mission and Program Overview

Mission

Pre-release services for incarcerated citizens.

Program Services

DescriptionGrantsExpenses
PROVIDING PRE-RELEASE SERVICES TO RETURNING CITIZENS IN CORRECTIONAL FACILITIES, INCLUDING VOCATIONAL REHABILITATION SERVICES IN THE AREAS OF PERSONAL FINANCIAL MANAGEMENT, ENTREPENEURSHIP SKILLS AND JOB COUNSELING.-$33,628
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHEN J COPLONPresident, SPT$16,667-$16,667
THOMAS W NESBITTTreasurer-$0--
MARTIN EINHORNDirector-$0--
DONALD PRICEDirector-$0--
TODD PRETIDirector-$0--
DENNIS MCLAUGHLINDirector-$0--
Filing and Contact Details

Filer

Filer Name
Right Thinking Foundation
EIN
46-1881414
Phone
7577611888
Address
1316 BAECHER LANE, NORFOLK, VA 23509

Signing Officer

Name
Stephen J Coplon
Title
President, Secretary
Phone
7577611888
Signed
2020-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Stewart Vitez & Associates Pllc
Address
3351 STONESHORE RD STE 100, VIRGINIA BEACH, VA 23452
Preparer
Terri D Stewart
Phone
7574730666
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies 696 travel 2,756 insurance 2,311 auto expenses 2,563 bank service charges 262 scholarships 1,820 website, internet, email 745 taxes and licenses 428 business registration fee 270 non-investment depreciation 2,606 total 14,457

Form 990-ez, Part II, Line 24

Inventories for sale or use 240 80 2013 chevy impala 13,030 13,030 less accumulated depreciation 8,469 11,075 total 4,801 2,035

Raw XML Appendix174 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 696 TRAVEL 2,756 INSURANCE 2,311 AUTO EXPENSES 2,563 BANK SERVICE CHARGES 262 SCHOLARSHIPS 1,820 WEBSITE, INTERNET, EMAIL 745 TAXES AND LICENSES 428 BUSINESS REGISTRATION FEE 270 NON-INVESTMENT DEPRECIATION 2,606 TOTAL 14,457
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVENTORIES FOR SALE OR USE 240 80 2013 CHEVY IMPALA 13,030 13,030 LESS ACCUMULATED DEPRECIATION 8,469 11,075 TOTAL 4,801 2,035
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
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ReturnHeader/BuildTS02021-04-22 16:20:28Z
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ReturnHeader/TaxPeriodEndDt02019-12-31
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Filings