Civic Intelligence

Rethink Education Foundation Inc.

990EZ • Fiscal year 2021 • EIN 47-3226077

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 29, 2022

Organization Profilewww.rethinkeducation.org
1284 Highway 17Montevallo, AL 35115

(205) 260-9335

Siviq Scores

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

Liabilities / Assets

79th percentile

0.12x

Higher debt load relative to assets than 79% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

9.52x

Higher debt load relative to revenue than 99% of similar nonprofits.

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

Net Margin

3rd percentile

-409%

Higher net margin than 3% 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

46th percentile

3.0%

Faster asset growth than 46% of similar nonprofits.

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

Revenue Growth

4th percentile

-93%

Faster revenue growth than 4% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$110,021

Up $3,202 (+3.0%) from 2020

Net Assets

Down

$97,202

Down $5,503 (-5.4%) from 2020

Liabilities

Up

$12,819

Up $8,705 (+212%) from 2020

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin3rd percentile

Revenue

Down

$1,346

Down $16,767 (-93%) from 2020

Expenses

Down

$6,849

Down $51,266 (-88%) from 2020

Net Income

Up

-$5,503

Up $34,499 (+86%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

$200K$150K$100K$50K$0Assets 2015: $3,716Liabilities 2015: $7,4222015Assets 2016: $4,586Liabilities 2016: $7,4222016Assets 2017: $5,031Liabilities 2017: $13,9222017Assets 2018: $103,118Liabilities 2018: $6,0362018Assets 2019: $162,479Liabilities 2019: $19,772Net Assets 2019: $142,7072019Assets 2020: $106,819Liabilities 2020: $4,114Net Assets 2020: $102,7052020Assets 2021: $110,021Liabilities 2021: $12,819Net Assets 2021: $97,2022021Assets 2022: $108,098Liabilities 2022: $13,055Net Assets 2022: $95,0432022Assets 2023: $101,491Liabilities 2023: $7,306Net Assets 2023: $94,1852023Assets 2024: $96,963Liabilities 2024: $9,345Net Assets 2024: $87,6182024

Highlighted filing

2021

Assets$110,021
Liabilities$12,819
Net Assets$97,202
Open 2021 Filing

Operations Trend

Revenue Growth4th percentile

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

$200K$100K$0-$100KRevenue 2015: $75Expenses 2015: $3,781Net Income 2015: -$3,7062015Revenue 2016: $1,882Expenses 2016: $1,012Net Income 2016: $8702016Revenue 2017: $3,054Expenses 2017: $9,109Net Income 2017: -$6,0552017Revenue 2018: $197,901Expenses 2018: $63,754Net Income 2018: $134,1472018Revenue 2019: $174,835Expenses 2019: $129,210Net Income 2019: $45,6252019Revenue 2020: $18,113Expenses 2020: $58,115Net Income 2020: -$40,0022020Revenue 2021: $1,346Expenses 2021: $6,849Net Income 2021: -$5,5032021Revenue 2022: $1,793Expenses 2022: $3,952Net Income 2022: -$2,1592022Revenue 2023: $1,266Expenses 2023: $2,124Net Income 2023: -$8582023Expenses 2024: $6,5672024

Highlighted filing

2021

Revenue$1,346
Expenses$6,849
Net Income-$5,503
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 29, 2022
Return Version
2021v4.2
Gross Receipts
$1,346
Mission and Program Overview

Mission

design educational applications

Program Services

DescriptionGrantsExpenses
Research, design, and develop video storage/video player for teachers and students app, mobile app and website--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hunter HallPresPT$0--
Tammy HallVice PresPT$0--
Heather JeffcoatSecretaryPT$0--
Wallis HarrisonDirector-$0--
Filing and Contact Details

Filer

Filer Name
Rethink Education Foundation Inc
EIN
47-3226077
Address
1284 HIGHWAY 17, Montevallo, AL 35115

Signing Officer

Name
Hunter Hall
Title
Pres
Phone
2052609335
Signed
2022-06-29
Discuss with paid preparer
Yes

Preparer

Firm
Roger D Hall CPA PC
Address
300 Vestavia Parkway Ste 3400, Birmingham, AL 35216
Preparer
Roger Hall
Phone
2058790210
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity Grant Grantee Montevallo Rotary Club Street 277 Park Drive City, State, Zip Montevallo, AL 35115”

Description of other expenses Part I line 16

“Description AmountDues and subscriptions 300Bank charger 95Telephone and internet 432Advertising expense 4,522Office supplies 557Miscellaneous 28”

Description of other assets Part II line 24

“Category Beginning of Year End of YearComputer equipment 1,967 1,967”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearNotes payable 2,885 12,215Credit card payable 1,229 604”

Raw XML Appendix156 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/BooksInCareOfDetail/USAddress/CityNm0Montevallo
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd035115
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Pres
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherExpensesTotalAmt05934
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0design educational applications
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt06849
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt01346
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.rethinkeducation.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01346
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0881
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0169058
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0197901
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0372240
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt017232
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IRS990ScheduleA/PrivateFoundation170Ind0X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0to fund start up
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt041250
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Hunter Hall
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0President - Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt08397
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Grant Grantee Montevallo Rotary Club Street 277 Park Drive City, State, Zip Montevallo, AL 35115
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountDues and subscriptions 300Bank charger 95Telephone and internet 432Advertising expense 4,522Office supplies 557Miscellaneous 28
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearComputer equipment 1,967 1,967
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearNotes payable 2,885 12,215Credit card payable 1,229 604
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Hunter Hall
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Pres
ReturnHeader/BusinessOfficerGrp/PhoneNum02052609335
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RETHINK EDUCATION FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0RETH
ReturnHeader/Filer/EIN0473226077
ReturnHeader/Filer/USAddress/AddressLine1Txt01284 HIGHWAY 17
ReturnHeader/Filer/USAddress/CityNm0Montevallo
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035115
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631019585
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Roger D Hall CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 Vestavia Parkway Ste 3400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Birmingham
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ReturnHeader/PreparerPersonGrp/PhoneNum02058790210
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Roger Hall
ReturnHeader/ReturnTs02022-06-30T16:22:59-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Hunter
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Hall
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
$110,021
Liabilities
$12,819
Net assets
$97,202
Revenue
$1,346
Expenses
$6,849
Net income
-$5,503
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.97$0.09$0.88$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.01$0.07$0.94$0.01$0.02$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.08$0.13$0.95$0.02$0.04$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.10$0.13$0.97$0.01$0.07$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.07$0.04$1.03$0.18$0.58$0.40
2019Detailed filing. Detailed filing data is available for this year.$1.62$0.20$1.43$1.75$1.29$0.46
2018Summary only. Only limited summary data is available for this year.$1.03$0.06$1.98$0.64$1.34
2017Summary only. Only limited summary data is available for this year.$0.05$0.14$0.03$0.09$0.06
2016Summary only. Only limited summary data is available for this year.$0.05$0.07$0.02$0.01$0.01
2015Summary only. Only limited summary data is available for this year.$0.04$0.07$0.00$0.04$0.04