Civic Intelligence

Right Thinking Foundation

990EZ • Fiscal year 2021 • EIN 46-1881414

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 03, 2022

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

100th percentile

93.80x

Higher debt load relative to assets than 100% of similar nonprofits.

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

Liabilities / Revenue

94th percentile

0.88x

Higher debt load relative to revenue than 94% of similar nonprofits.

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

Net Margin

26th percentile

-8.1%

Higher net margin than 26% of similar nonprofits.

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

Top Officer Pay

85th percentile

$20,500

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 75.9% of source-year revenue.

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

Asset Growth

5th percentile

-72%

Faster asset growth than 5% of similar nonprofits.

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

Revenue Growth

42nd percentile

-4.9%

Faster revenue growth than 42% of similar nonprofits.

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

Assets

Down

$254

Down $644 (-72%) from 2020

Net Assets

Down

-$23,572

Down $2,187 (-10%) from 2020

Liabilities

Up

$23,826

Up $1,543 (+6.9%) from 2020

Revenue

Down

$27,023

Down $1,383 (-4.9%) from 2020

Expenses

Down

$29,210

Down $29,098 (-50%) from 2020

Net Income

Up

-$2,187

Up $27,715 (+93%) from 2020

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

2021

Assets$254
Liabilities$23,826
Net Assets-$23,572

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

2021

Revenue$27,023
Expenses$29,210
Net Income-$2,187
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 3, 2022
Return Version
2021v4.0
Gross Receipts
$27,023
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.-$27,130
PROVIDING PRE-RELEASE SERVICES TO RETURNING CITIZENS IN CORRECTIONAL FACILITIES--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHEN J COPLONPresident, SPT$20,500-$20,500
THOMAS W NESBITTTreasurer-$0--
DONALD PRICEDirector-$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
2022-08-03
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990-ez, Part I, Line 8

Unreimbursed auto use 458 total 458

Form 990-ez, Part I, Line 16

Expenses 1,500 office supplies 34 insurance 2,204 taxes and licenses 664 dues and subscriptions 63 donations 250 total 4,715

Form 990-ez, Part II, Line 24

Inventories for sale or use 80 40 2013 chevy impala 13,030 13,030 less accumulated depreciation 13,030 13,030 total 80 40

Form 990-ez, Part II, Line 26

Eidl loan 17,800 17,800 loans from officers 4,483 6,026

Form 990-ez, Part III, Line 31

Providing pre-release services to returning citizens in correctional facilities

Raw XML Appendix178 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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IRS990EZ/OtherRevenueTotalAmt0458
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IRS990EZ/TanningServicesProvidedInd0false
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0RIGHTTHINK.ORG
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0227622
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
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IRS990ScheduleL/TotalBalanceDueAmt06026
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UNREIMBURSED AUTO USE 458 TOTAL 458
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES 1,500 OFFICE SUPPLIES 34 INSURANCE 2,204 TAXES AND LICENSES 664 DUES AND SUBSCRIPTIONS 63 DONATIONS 250 TOTAL 4,715
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVENTORIES FOR SALE OR USE 80 40 2013 CHEVY IMPALA 13,030 13,030 LESS ACCUMULATED DEPRECIATION 13,030 13,030 TOTAL 80 40
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EIDL LOAN 17,800 17,800 LOANS FROM OFFICERS 4,483 6,026
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROVIDING PRE-RELEASE SERVICES TO RETURNING CITIZENS IN CORRECTIONAL FACILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN J COPLON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT, SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum07577611888
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-03
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ReturnHeader/Filer/BusinessNameControlTxt0RIGH
ReturnHeader/Filer/EIN0461881414
ReturnHeader/Filer/PhoneNum07577611888
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03351 STONESHORE RD STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VIRGINIA BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023452
ReturnHeader/PreparerPersonGrp/PhoneNum07574730666
ReturnHeader/PreparerPersonGrp/PreparationDt02022-08-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SABRINA MCDOUGAL
ReturnHeader/ReturnTs02022-08-11T14:46:21-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEPHEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COPLON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings