Foundation Thinkagain EIN 42-1738429

Foundation Thinkagain

EIN  42-1738429 Public charity (501(c)(3)) Los Angeles, CA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Offers rehabilitation therapies to children with cancer and brain tumors.
Leadership
Patricia M Kerrigan PhD · President/Exec. Director · $98K
Money in and out
$147K revenue, $246K expenses
Bottom line
87% program efficiency

Offers rehabilitation therapies to children with cancer and brain tumors. For fiscal year 2024 it reported $147K in revenue, $246K in expenses, and $212K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$147K
Pt VIII · Ln 12
Total expenses
$246K
Pt IX · Ln 25
Net assets
$212K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$99K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.13
Program efficiency
87%
of spending reaches programs▲ +23% vs prior filing year
Operating runway
10.3mo
months of highly liquid reserves at operating expense rate▼ -20% vs prior filing year
Surplus margin
-68%
revenue over expenses, this year▼ -51% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$147K
FY2024▼ -29%
Expenses
$246K
FY2024▼ -17%
Total assets
$212K
FY2024▼ -34%
Total liabilities
$0
FY2024
Total revenue
$147K
Pt VIII · Ln 12
Total expenses
$246K
Pt IX · Ln 25
Net assets
$212K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$99K
Total assetsPt X · Ln 16$212K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $215K of program spending, described in the organization's own filed words · FY2024.
01

Foundation thinkagain pays for rehabilitation therapies for children severely affected by cancer and brain tumors, when they have been denied or insufficiently covered by medical insurance.

$215Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFoundation Thinkagain
EINHdr · item D42-1738429
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jwww.thinkagain.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F99)
Ruling yearIRS BMFMar 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/Exec. Director
$98,356Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Patricia M Kerrigan PHD’s $98K as President/Exec. Director is at the 83rd percentile of top reported officer pay among 2082 $100K–1M mental health nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Patricia M Kerrigan PHD$98,356$90,160$95,200$88,200$86,333

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$118K · 81%
Investment income$28K · 19%
Other revenue$790 · 1%
Contributions & grants81%$118K
Investment income19%$28K
Other revenue1%$790
Total revenueLn 12$147K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13
Program services87%$215K
Management & general13%$31K
Total functional expensesLn 25$246K

Balance Sheet

Part X · end of year
CashLn 1$20K
Total assetsLn 16$212K
Total liabilitiesLn 26$0
Total net assetsLn 32$212K
Months of cash on handcomputed1.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $212K · Operating expenses/yr $246K
10.3 months
Where the money goes
Program services
Program services $215K · Total expenses $246K
87%
Management & General
Management & general $31K · Total expenses $246K
13%
Fundraising
Fundraising $0 · Total expenses $246K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $149K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $118K · Total revenue $147K
81%
Government reliance
Government grants — · Total revenue $147K
Earned-income share
Program service revenue $0 · Total revenue $147K
0%
Investment reliance
Investment income $28K · Total revenue $147K
+19%
Program self-sufficiency
Program service revenue $0 · Total expenses $246K
0%
Growth & trend
Revenue growth (YoY)
This year $147K · Prior year $206K
-29%
Revenue CAGR
FY2020 $169K · FY2024 $147K
-3%
Net-asset trend (YoY)
End of year $212K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $147K · Expenses $246K
-68%
Liabilities-to-Assets
Total liabilities — · Total assets $212K
Net-asset ratio
Net assets $212K · Total assets $212K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $192K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $212K
90%
People & payroll
Highest Reported Total Compensation
Individual Patricia M Kerrigan PHD · Reported title PRESIDENT/EXEC. DIRECTOR · Highest reported compensation $98K · Total expenses $246K
40%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $111K · Total expenses $246K
45%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 13%
Fundraising cost ratio 0%
Revenue growth -29%
Investment management fee ratio 2%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$147K revenue · viewing · ⤓ 990 PDF
FY2023$206K revenue · ⤓ 990 PDF
FY2022$107K revenue · ⤓ 990 PDF
FY2021$236K revenue · ⤓ 990 PDF
FY2020$169K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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