Thinker Analytix INC EIN 46-5055303 Form 990 (PDF) Claim this org

Thinker Analytix INC FY2020 filing

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Develops educational resources to teach students critical thinking for academic success and thoughtful discussion. For fiscal year 2020 it reported $460K in revenue, $503K in expenses, and $-4K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Lincoln, MA
Website
www.thinkeranalytix.org
Filings
5 on file (2020–2020)
Revenue
$460KFY2020
Expenses
$503K
Net assets
$-4K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-5055303 Public charity (501(c)(3)) Lincoln, MA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Develops educational resources to teach students critical thinking for academic success and thoughtful discussion.
Leadership
Nathan Otey · COO · $40K
Money in and out
$460K revenue, $503K expenses
Bottom line
94% program efficiency
Where the money goes · FY2020
Total revenue
$460K
Pt VIII · Ln 12
Total expenses
$503K
Pt IX · Ln 25
Net assets
$-4K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$43K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06 Fundraising $0.00
Program efficiency
94%
of spending reaches programs
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$460K
FY2020
Expenses
$503K
FY2020
Total assets
$10K
FY2020
Total liabilities
$11K
FY2020
Total revenue
$460K
Pt VIII · Ln 12
Total expenses
$503K
Pt IX · Ln 25
Net assets
$-4K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$43K
Total assetsPt X · Ln 16$10K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

4 program services account for $943K of program spending, described in the organization's own filed words · FY2020.
01

Thinker analytix has launched an online course for students in grades 6-12, college students and individual users, enrolling thousands of students in partnership with schools and organizations.

$472Kprogram expense
02

Thinker analytix has launched an online course for students in grades 6-12, college students and individual users, enrolling thousands of students in partnership with schools and organizations.

$472Kprogram expense
03

Thinker analytix inc has now conducted professional development workshops at over 45 schools and worked with a cohort of 20 teachers over the summer.

Pt IX · col B
04

Thinker analytix inc has now conducted professional development workshops at over 45 schools and worked with a cohort of 20 teachers over the summer.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThinker Analytix INC
EINHdr · item D46-5055303
Principal addressHdr · item CLincoln, MA
WebsiteHdr · item Jwww.thinkeranalytix.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFJun 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
$39,736Pt VII · Sec A
$39,736Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairmantreasurerdirector
$0Pt VII · Sec A
Chairmantreasurerdirector
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Aiden Kestigian’s $94K as COO is at the 81st percentile of top reported officer pay among 1616 $100K–1M education 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 · 3 named individuals · Part VII

NameFY2024FY2020
Aiden Kestigian$94,112
Nathan Otey$39,736
Anne Sanderson$22,423

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$438K · 95%
Program service revenue$23K · 5%
Contributions & grants95%$438K
Program service revenue5%$23K
Total revenueLn 12$460K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06 Fundraising $0.00
Program services94%$472K
Management & general6%$30K
Fundraising$2K
Total functional expensesLn 25$503K

Balance Sheet

Part X · end of year
CashLn 1$4K
Total assetsLn 16$10K
Total liabilitiesLn 26$11K
Total net assetsLn 32$-4K
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4K · Operating expenses/yr $503K
0.1 months
Where the money goes
Program services
Program services $472K · Total expenses $499K
94%
Management & General
Management & general $28K · Total expenses $499K
6%
Fundraising
Fundraising $0 · Total expenses $499K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $438K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $438K · Total revenue $460K
95%
Government reliance
Government grants — · Total revenue $460K
Earned-income share
Program service revenue $23K · Total revenue $460K
5%
Investment reliance
Investment income $0 · Total revenue $460K
0%
Program self-sufficiency
Program service revenue $23K · Total expenses $503K
5%
Growth & trend
Revenue growth (YoY)
This year $460K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $-4K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $460K · Expenses $503K
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $10K
Net-asset ratio
Net assets $-4K · Total assets $10K
-38%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $10K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nathan Otey · Reported title COO · Highest reported compensation $40K · Total expenses $503K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $173K · Total expenses $503K
34%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Fundraising cost ratio 0.4%
Accounting fee ratio 0.3%

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 3 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)$847K revenue · ⤓ 990 PDF
FY2023$672K revenue · ⤓ 990 PDF
FY2022$834K revenue · ⤓ 990 PDF
FY2021$559K revenue · ⤓ 990 PDF
FY2020$460K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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