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

Thinker Analytix INC FY2022 filing

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Develops educational resources to teach students critical thinking for academic success and thoughtful discussion. For fiscal year 2022 it reported $834K in revenue, $555K in expenses, and $170K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Lincoln, MA
Website
www.thinkeranalytix.org
Filings
5 on file (2020–2022)
Revenue
$834KFY2022
Expenses
$555K
Net assets
$170K
People
14
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 FY2022 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
Sean McGraw · Director
Money in and out
$834K revenue, $555K expenses
Bottom line
85% program efficiency
Where the money goes · FY2022
Total revenue
$834K
Pt VIII · Ln 12
Total expenses
$555K
Pt IX · Ln 25
Net assets
$170K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $279K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.14 Fundraising $0.02
Program efficiency
85%
of spending reaches programs
Operating runway
6.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+33%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$834K
FY2022▲ +49%
Expenses
$555K
FY2022▲ +4%
Total assets
$243K
FY2022▲ +821%
Total liabilities
$74K
FY2022▲ ×24
Total revenue
$834K
Pt VIII · Ln 12
Total expenses
$555K
Pt IX · Ln 25
Net assets
$170K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$279K
Total assetsPt X · Ln 16$243K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

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
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Executive Director President
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Clerk Secretary
$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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Mission & Programs · Part III

Where the work happens

2 program services account for $939K of program spending, described in the organization's own filed words · FY2022.
01

Thinker Analytix has launched an online course for students in grades 6-12, college students & individual users, enrolling thousands of students in partnership with schools & organizations. Thinker Analytix has conducted professional development workshops at over 100 schools & worked with cohort of 15 teachers over the summer.

$470Kprogram expense
02

Thinker Analytix has launched an online course for students in grades 6-12, college students & individual users, enrolling thousands of students in partnership with schools & organizations. Thinker Analytix has conducted professional development workshops at over 100 schools & worked with cohort of 15 teachers over the summer.

$469Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$747K · 90%
Program service revenue$86K · 10%
Contributions & grants90%$747K
Program service revenue10%$86K
Total revenueLn 12$834K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.14 Fundraising $0.02
Program services85%$470K
Management & general14%$77K
Fundraising2%$8K
Total functional expensesLn 25$555K

Balance Sheet

Part X · end of year
CashLn 1$228K
Total assetsLn 16$243K
Total liabilitiesLn 26$74K
Total net assetsLn 32$170K
Months of cash on handcomputed4.9

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $228K · Operating expenses (Pt IX) $555K · Less non-cash grants $109K · Cash operating expenses/yr $446K
6.1 months
Where the money goes
Program services
Program services $469K · Total expenses $555K
85%
Management & General
Management & general $77K · Total expenses $555K
14%
Fundraising
Fundraising $8K · Total expenses $555K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $13K · Solicited contributions (3-yr avg) $576K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $747K · Total revenue $834K
90%
Government reliance
Government grants — · Total revenue $834K
Earned-income share
Program service revenue $86K · Total revenue $834K
10%
Investment reliance
Investment income $0 · Total revenue $834K
0%
Program self-sufficiency
Program service revenue $86K · Total expenses $555K
16%
Growth & trend
Revenue growth (YoY)
This year $834K · Prior year $559K
+49%
Net-asset trend (YoY)
End of year $170K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $834K · Expenses $555K
+33%
Liabilities-to-Assets
Total liabilities — · Total assets $243K
Net-asset ratio
Net assets $170K · Total assets $243K
70%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $243K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sean McGraw · Reported title Director · Highest reported compensation $0 · Total expenses $555K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $173K · Total expenses $555K
31%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 14%
Fundraising cost ratio 1%
Revenue growth 49%
Legal fee ratio 0.5%
Accounting fee ratio 6%

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 · viewing · ⤓ 990 PDF
FY2021$559K revenue · ⤓ 990 PDF
FY2020$460K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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