Liabilities / Assets
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Thinkwatts Foundation
990EZ • Fiscal year 2020 • EIN 83-2224841
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
88th percentile
Higher net margin than 88% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 16.4% of source-year revenue.
Asset Growth
98th percentile
Faster asset growth than 98% of similar nonprofits.
Revenue Growth
99th percentile
Faster revenue growth than 99% of similar nonprofits.
Balance Sheet
Assets
Up$53,564
Up $50,207 (+1496%) from 2019
Net Assets
Up$53,564
Up $50,207 (+1496%) from 2019
Liabilities
Flat$0
Flat from 2019
Revenue And Expenses
Revenue
Up$103,591
Up $89,740 (+648%) from 2019
Expenses
Up$53,384
Up $42,890 (+409%) from 2019
Net Income
Up$50,207
Up $46,850 (+1396%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Nov 15, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $103,591
Mission and Program Overview
Mission
The primary focus on community grassroots activations along with developing financial literacy programs, program development, local refurbishments, tools, equipment, and supplies for students, custom container housing solutions, and charitable fundraising through entertainment industry efforts.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| WE PROVIDE LOCAL REFURBISHMENTS, TOOLS, EQUIPMENT, AND SUPPLIES FOR STUDENTS. | $0 | $6,681 |
| WE ASSIST IN HOUSING FOR RESIDENTS. | $0 | $3,235 |
| WE ASSIST IN PROVIDING FOOD THROUGH FOOD DRIVES. | $0 | $2,686 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| BRANDON SALAAM-BAILEY | CEO And Corporate Secretar | FT | $17,000 | - | $17,000 |
| FELICIA USHER | Chief Financial Officer | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Thinkwatts Foundation
- EIN
- 83-2224841
- Phone
- 3107569619
- Address
- 1225 E 100TH ST, LOS ANGELES, CA 90002-2824
Signing Officer
- Name
- Brandon Salaam-bailey
- Title
- President
- Phone
- 3107569619
- Signed
- 2021-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Topline Business Management LLC
- Address
- 15760 VENTURA BLVD SUITE 820, ENCINO, CA 91436
- Preparer
- Joe Mcgill CPA
- Phone
- 3106913000
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: provied rental assistance to jordan down reisdents. Grantee name: build hope, inc.. Grantee address: 2600 wilshire blvd los angeles, ca 90057. Date of gift: 11/02/20. Amount given: 1,466.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: provied rental assistance to jordan down reisdents. Grantee name: build hope, inc.. Grantee address: 2600 wilshire blvd los angeles, ca 90057. Date of gift: 11/24/20. Amount given: 1,769. Total included on form 990-ez, line 10: 3,235.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: office supplies & expense. Amount: 4,329. Description: auto expenses. Amount: 27. Description: bank and custodial fees. Amount: 75. Description: computer supplies. Amount: 2,044. Description: promotion expense. Amount: 732. Description: travel expenses. Amount: 629. Description: reimbursed expenses. Amount: 68. Description: event expenses. Amount: 7,245. Description: education expenses. Amount: 6,681. Description: food drive expenses. Amount: 2,686. Total to form 990-ez, line 16: 24,516.”
Raw XML Appendix136 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CO TOPLINE BUSINESS MANAGEMENT LLC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3106913000 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 15760 VENTURA BLVD SUITE 820 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ENCINO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 91436 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 3357 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 53564 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 103591 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 50207 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 8480 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 3357 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 53564 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 3235 |
| IRS990EZ/GrossReceiptsAmt | 0 | 103591 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 3357 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 53564 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 3357 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 53564 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 17000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | BRANDON SALAAM-BAILEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | FELICIA USHER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CEO AND CORPORATE SECRETAR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CHIEF FINANCIAL OFFICER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 24516 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PRIMARY FOCUS ON COMMUNITY GRASSROOTS ACTIVATIONS ALONG WITH DEVELOPING FINANCIAL LITERACY PROGRAMS, PROGRAM DEVELOPMENT, LOCAL REFURBISHMENTS, TOOLS, EQUIPMENT, AND SUPPLIES FOR STUDENTS, CUSTOM CONTAINER HOUSING SOLUTIONS, AND CHARITABLE FUNDRAISING THROUGH ENTERTAINMENT INDUSTRY EFFORTS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 153 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | WE PROVIDE LOCAL REFURBISHMENTS, TOOLS, EQUIPMENT, AND SUPPLIES FOR STUDENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | WE ASSIST IN HOUSING FOR RESIDENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | WE ASSIST IN PROVIDING FOOD THROUGH FOOD DRIVES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 6681 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 3235 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 2686 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 17000 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 53384 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 12602 |
| IRS990EZ/TotalRevenueAmt | 0 | 103591 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.THINKWATTSFOUNDATION.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 103591 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 13851 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 117442 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 117442 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 103591 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 13851 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 117442 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 117442 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: PROVIED RENTAL ASSISTANCE TO JORDAN DOWN REISDENTS. GRANTEE NAME: BUILD HOPE, INC.. GRANTEE ADDRESS: 2600 WILSHIRE BLVD LOS ANGELES, CA 90057. DATE OF GIFT: 11/02/20. AMOUNT GIVEN: 1,466. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: PROVIED RENTAL ASSISTANCE TO JORDAN DOWN REISDENTS. GRANTEE NAME: BUILD HOPE, INC.. GRANTEE ADDRESS: 2600 WILSHIRE BLVD LOS ANGELES, CA 90057. DATE OF GIFT: 11/24/20. AMOUNT GIVEN: 1,769. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 3,235. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: OFFICE SUPPLIES & EXPENSE. AMOUNT: 4,329. DESCRIPTION: AUTO EXPENSES. AMOUNT: 27. DESCRIPTION: BANK AND CUSTODIAL FEES. AMOUNT: 75. DESCRIPTION: COMPUTER SUPPLIES. AMOUNT: 2,044. DESCRIPTION: PROMOTION EXPENSE. AMOUNT: 732. DESCRIPTION: TRAVEL EXPENSES. AMOUNT: 629. DESCRIPTION: REIMBURSED EXPENSES. AMOUNT: 68. DESCRIPTION: EVENT EXPENSES. AMOUNT: 7,245. DESCRIPTION: EDUCATION EXPENSES. AMOUNT: 6,681. DESCRIPTION: FOOD DRIVE EXPENSES. AMOUNT: 2,686. TOTAL TO FORM 990-EZ, LINE 16: 24,516. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BRANDON SALAAM-BAILEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3107569619 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THINKWATTS FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | THIN |
| ReturnHeader/Filer/EIN | 0 | 832224841 |
| ReturnHeader/Filer/PhoneNum | 0 | 3107569619 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1225 E 100TH ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LOS ANGELES |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 900022824 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 820927811 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | TOPLINE BUSINESS MANAGEMENT LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 15760 VENTURA BLVD SUITE 820 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ENCINO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 91436 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3106913000 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOE MCGILL CPA |
| ReturnHeader/ReturnTs | 0 | 2021-11-15T17:45:47-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | BRANDON |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SALAAM-BAILEY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $53,564
- Liabilities
- $0
- Net assets
- $53,564
- Revenue
- $103,591
- Expenses
- $53,384
- Net income
- $50,207