Civic Intelligence

Think of Us

990 • Fiscal year 2018 • EIN 82-1157215

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

116 Nassau Street No FL 5New York, NY 10038

(804) 591-9467

Siviq Scores

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

Liabilities / Assets

89th percentile

0.65x

Higher debt load relative to assets than 89% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

48th percentile

0.03x

Higher debt load relative to revenue than 48% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

8th percentile

-36%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

75th percentile

$67,576

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

1st percentile

-90%

Faster asset growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

17th percentile

-18%

Faster revenue growth than 17% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$29,117

Down $270,581 (-90%) from 2017

Net Assets

Down

$10,102

Down $262,248 (-96%) from 2017

Liabilities

Down

$19,015

Down $8,333 (-30%) from 2017

Revenue

Down

$725,943

Down $162,065 (-18%) from 2017

Expenses

Up

$988,191

Up $372,533 (+61%) from 2017

Net Income

Down

-$262,248

Down $534,598 (-196%) from 2017

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2017: $299,698Liabilities 2017: $27,348Net Assets 2017: $272,3502017Assets 2018: $29,117Liabilities 2018: $19,015Net Assets 2018: $10,1022018Assets 2019: $65,838Liabilities 2019: $31,672Net Assets 2019: $34,1662019Assets 2020: $1,031,005Liabilities 2020: $128,237Net Assets 2020: $902,7682020Assets 2021: $5,609,405Liabilities 2021: $235,959Net Assets 2021: $5,373,4462021Assets 2022: $7,190,109Liabilities 2022: $561,320Net Assets 2022: $6,628,7892022Assets 2023: $46,479,921Liabilities 2023: $423,288Net Assets 2023: $46,056,6332023Assets 2024: $41,885,040Liabilities 2024: $833,760Net Assets 2024: $41,051,2802024

Highlighted filing

2018

Assets$29,117
Liabilities$19,015
Net Assets$10,102

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2017: $888,008Expenses 2017: $615,658Net Income 2017: $272,3502017Revenue 2018: $725,943Expenses 2018: $988,191Net Income 2018: -$262,2482018Revenue 2019: $395,278Expenses 2019: $350,900Net Income 2019: $44,3782019Revenue 2020: $1,981,988Expenses 2020: $1,113,386Net Income 2020: $868,6022020Revenue 2021: $8,212,166Expenses 2021: $3,741,490Net Income 2021: $4,470,6762021Revenue 2022: $6,896,155Expenses 2022: $5,640,812Net Income 2022: $1,255,3432022Revenue 2023: $50,682,882Expenses 2023: $11,255,035Net Income 2023: $39,427,8472023Revenue 2024: $9,611,567Expenses 2024: $14,618,684Net Income 2024: -$5,007,1172024

Highlighted filing

2018

Revenue$725,943
Expenses$988,191
Net Income-$262,248
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$725,943
Mission and Program Overview

Mission

Think of us is a non-profit tech startup leveraging innovative technology to empower and support youth in their transitioning out of foster care. Through platform and program, it provides youth with the tools and advisory access they need to ensure they transition successfully and confidently into adulthood.it's ultimate goal is for foster youth to successfully transition into a prosperous adulthood. We see this process as a communal endeavor that connects employment, education, and abilities. They envision a future where communities are designed to maximize the development and wellness of maturing youth, so that they can transition into healthy, stable, and thriving adults. Their work to date has taught that it is possible to develop a collective impact, not only providing the tools, but also streamlining the systems that help young people utilize the resources at their disposal.

To leverage innovative technology to improve the lives of youth in foster care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,247$10,893▼ $6,354
Cash and Non-Interest-Bearing Accounts$46,325$9,800▼ $36,525
Pledges and Grants Receivable$236,126$5,300▼ $230,826
Savings and Temporary Cash Investments-$2,550-
Prepaid Expenses and Deferred Charges-$574-
Total Assets$299,698$29,117▼ $270,581
Liabilities
Accounts Payable and Accrued Expenses$14,848$19,015▲ $4,167
Deferred Revenue$12,500--
Total Liabilities$27,348$19,015▼ $8,333
Net Assets / Fund Balance
Temporarily Rstr Net Assets$225,000$40,000▼ $185,000
Unrestricted Net Assets$47,350$-29,898▼ $77,248
Total Net Assets Fund Balance$272,350$10,102▼ $262,248
Total Liabilities and Net Assets / Fund Balance$299,698$29,117▼ $270,581

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,893$7,500$18,393
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sixto CancelChief Executive OfficerFT$61,479$6,097$67,576

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$604,573
Program Service Revenue
$121,369
Investment Income
$1
Other Revenue
$0
All Other Contributions
$604,573
Change in Net Assets
$-262,248
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$764,154
Other Expenses$224,037
Total Fundraising Expense$43,256
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$448,782$146,611$5,999$601,392
Travel$67,068$20,949$12,702$100,719
Current Officers, Directors, Trustees, and Key Employees$32,958$20,445$18,655$72,058
Payroll Taxes$37,298$14,868$1,909$54,075
Other Employee Benefits-$36,629-$36,629
Fees for Services Accounting-$34,763-$34,763
Fees for Services Other$12,910$13,339-$26,249
Occupancy-$23,750-$23,750
Information Technology$3,789$5,679$3,605$13,073
Depreciation Depletion-$6,354-$6,354
Office Expenses$1,811$3,295$386$5,492
Insurance$50$2,167-$2,217
Conferences and Meetings$650$1,415-$2,065
Fees for Services Legal$1,922--$1,922
All Other Expenses$949$951-$1,900
Other Expenses$215$1,253-$1,253
Total Functional Expenses$608,402$336,533$43,256$988,191
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
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

A draft form of the 990 return was circulated to the board of directors for their review. Their questions were collected and resolved. The board of directors approves the final form 990 to be filed.

Form 990, Part VI, Section B, Line 12C

Each director, principal officer and member of a committee with board delegated powers shall annually sign a statement which affirms that such person: (a) has received a copy of the conflict of interest policy, (b) has read and understands the policy, (c) has agreed to comply with the policy, and (d) understands that think of us is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure that think of us operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. Such periodic reviews shall, at a minimum, include the following subjects: (a) whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arms length bargaining, and (b) whether partnerships, joint ventures, and arrangements with management organizations conform to think of us' written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or an excess benefit transaction.

Form 990, Part VI, Section B, Line 15

New hire appointments, terminations, disciplinary actions, increases in pay, additional benefits, and other general matters follow the authorizations outlined below: position authorization chief executive officer board of directors senior leadership team ceo & board of directors all other staff deputy director & ceo

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Think of US
EIN
82-1157215
Phone
8045919467
Address
116 NASSAU STREET NO FL 5, NEW YORK, NY 10038

Signing Officer

Name
Sixto Cancel
Title
Founder and CEO
Phone
8045919467
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sixto Cancel
Formed
2017
Legal Domicile
Va
Voting Board Members
14
Independent Board Members
14
Employees
21
Volunteers
15

Preparer

Firm
Han Group LLC
Address
1020 19TH STREET NW SUITE 800, WASHINGTON, DC 20036
Preparer
Jennifer Shan
Phone
2022937000
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IRS990/Desc0THINK OF US PLATFORMTHINK OF US PARTNERED WITH OTHER ORGANIZATIONS TO CONDUCT BETA TESTING ON THE THINK OF US PLATFORM. YOUNG ADULTS, CASEWORKERS, AND OTHER STAKEHOLDERS CAME TOGETHER AT THE HUB AND WORKED WITH FOUR THINK OF US STAFF TO TEST THE YOUTH AND SUPPORTER SIDES OF THE PLATFORM IN SANTA CLARA COUNTY IN CALIFORNIA AND NEBRASKA. IN ADDITON, THINK OF US HAS EXCUTED SEVEARL HACKATHONS WITH THE INTENTION OF STARTING TECHNOLOGY INITIATIVES IN LA, NYC, AND NE. THE NEW YORK CITY ADMINISTRATION FOR CHILDREN'S SERVICES (ACS) ANNOUNCED THREE NEW TECHNOLOGY-FOCUSED REQUESTS FOR INFORMATION (RFIS). ACS STATED THAT THESE RFIS ARE DESIGNED TO ADVANCE THE PRIORITIES IDENTIFIED AT THE DECEMBER 2016 NEW YORK CITY THINK OF US HACKATHON. THESE THREE RFIS ARE A CONCRETE EXAMPLE OF THINK OF US INFLUENCING CHILD WELFARE PUBLIC POLICY IN NEW YORK CITY. DUE TO OUR WORK, THE CITY IS NOW EXPLORING HOW TO CREATE A 24/7 FOSTER YOUTH HELP APP, A FOSTER PARENT COMMUNICATION APP, AND AN ONLINE FOSTER PARENT CERTIFICATION APP. THIS LEVEL OF INFLUENCE AND IMPACT IS SIGNIFICANT FOR AN ORGANIZATION AS YOUNG AND SMALL AS THINK OF US. IMPORTANTLY, MANY NATIONAL CHILD WELFARE REFORMS BEGIN IN LARGE CITIES LIKE NEW YORK, SO THIS MAY ONLY BE THE START OF MEASURING HOW THINK OF US' WORK RIPPLES ACROSS THE LARGER CHILD WELFARE FIELD AS A WHOLE. THINK OF US HAS BROUGHT AN AWARENESS TO THE GENERAL PUBLIC ABOUT DATA, TECH AND CHILD WELFARE. 2 MILLION PEOPLE HAVE VIEWED CONTENT ABOUT THINK OF US.
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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THINK OF US IS A NON-PROFIT TECH STARTUP LEVERAGING INNOVATIVE TECHNOLOGY TO EMPOWER AND SUPPORT YOUTH IN THEIR TRANSITIONING OUT OF FOSTER CARE. THROUGH PLATFORM AND PROGRAM, IT PROVIDES YOUTH WITH THE TOOLS AND ADVISORY ACCESS THEY NEED TO ENSURE THEY TRANSITION SUCCESSFULLY AND CONFIDENTLY INTO ADULTHOOD.IT'S ULTIMATE GOAL IS FOR FOSTER YOUTH TO SUCCESSFULLY TRANSITION INTO A PROSPEROUS ADULTHOOD. WE SEE THIS PROCESS AS A COMMUNAL ENDEAVOR THAT CONNECTS EMPLOYMENT, EDUCATION, AND ABILITIES. THEY ENVISION A FUTURE WHERE COMMUNITIES ARE DESIGNED TO MAXIMIZE THE DEVELOPMENT AND WELLNESS OF MATURING YOUTH, SO THAT THEY CAN TRANSITION INTO HEALTHY, STABLE, AND THRIVING ADULTS. THEIR WORK TO DATE HAS TAUGHT THAT IT IS POSSIBLE TO DEVELOP A COLLECTIVE IMPACT, NOT ONLY PROVIDING THE TOOLS, BUT ALSO STREAMLINING THE SYSTEMS THAT HELP YOUNG PEOPLE UTILIZE THE RESOURCES AT THEIR DISPOSAL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0272350
IRS990/NetAssetsOrFundBalancesEOYAmt010102
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt0403
IRS990/NondeductibleContributionsInd00
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IRS990/OccupancyGrp/TotalAmt023750
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IRS990/OfficeExpensesGrp/ProgramServicesAmt01811
IRS990/OfficeExpensesGrp/TotalAmt05492
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc0LICENSES AND BUSINESS R
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IRS990/OtherExpensesGrp/Desc2BACKGROUND CHECKS
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11275
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21253
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IRS990/OtherExpensesGrp/TotalAmt11490
IRS990/OtherExpensesGrp/TotalAmt21253
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05999
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0146611
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0601392
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01909
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014868
IRS990/PayrollTaxesGrp/ProgramServicesAmt037298
IRS990/PayrollTaxesGrp/TotalAmt054075
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0574
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYExcessBenefitTransInd00
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IRS990/PYInvestmentIncomeAmt00
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IRS990/PYTotalRevenueAmt0888008
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-262248
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0121369
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IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt05310
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/SubstantialContributorsTotAmt0631866
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0604573
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0795198
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01399771
IRS990ScheduleA/TotalSupportAmt01405082
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt010893
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07500
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018393
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010893
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT FORM OF THE 990 RETURN WAS CIRCULATED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. THEIR QUESTIONS WERE COLLECTED AND RESOLVED. THE BOARD OF DIRECTORS APPROVES THE FINAL FORM 990 TO BE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, (C) HAS AGREED TO COMPLY WITH THE POLICY, AND (D) UNDERSTANDS THAT THINK OF US IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THAT THINK OF US OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. SUCH PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: (A) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARMS LENGTH BARGAINING, AND (B) WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THINK OF US' WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR AN EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NEW HIRE APPOINTMENTS, TERMINATIONS, DISCIPLINARY ACTIONS, INCREASES IN PAY, ADDITIONAL BENEFITS, AND OTHER GENERAL MATTERS FOLLOW THE AUTHORIZATIONS OUTLINED BELOW: POSITION AUTHORIZATION CHIEF EXECUTIVE OFFICER BOARD OF DIRECTORS SENIOR LEADERSHIP TEAM CEO & BOARD OF DIRECTORS ALL OTHER STAFF DEPUTY DIRECTOR & CEO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0225000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt040000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalVolunteersCnt015
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt012702
IRS990/TravelGrp/ManagementAndGeneralAmt020949
IRS990/TravelGrp/ProgramServicesAmt067068

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