BreakBox Thought Collective

Nonprofit profile at a glance

EIN
831622613
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Fresno, CA, USA
Phone
5593073819
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Official website

Reported finances

Revenue
$1,495,050
Expenses
$1,178,436
Assets
$521,619
Liabilities
$21,554

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Jamillah Finley (President)
  • Elisha Henderson (Vice President)

Highest reported compensation

  • Jamillah Finley (President): $129,340 total reported compensation
  • Earl Oliver (Director): $68,750 total reported compensation
  • Elisha Henderson (Vice President): $59,290 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

BreakBox Thought Collectives model empowers grassroots, boots on the ground leadership, redefining democracy by co-imagining and creating solutions to heal and repair the hams of racial trauma and injustice. We are a worker self directed model that is adjacent to a worker cooperative with a general decision making circle that collectively leads in a collaborative and transparent manner.

What it reported doing in 2024

The specific purpose of this organization is to provide a variety of research-based initiatives and campaigns. The organization seeks to engage with the community as thought leaders. The breakbox thought studio is a holistic, radical, and unapologetic space for creativity, diversity, and imagination.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 94
  • Accountability: 47
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78%; rating input score 78
  • Program expense ratio: 99%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 72.7%; rating input score 73; 15th percentile among comparable filings
  • Governance controls: 1 of 9 controls in place; rating input score 11
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 21.2%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 54; 54th percentile among comparable filings
  • Officer compensation ratio: 30%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 97.9% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 88.4% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 95% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 78% of revenue deployed · 99% of spending went to programs
  • Governance: 8 of 11 board members independent · 1 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.2M in reported program spending
  • Leadership: top reported pay $129K · 11 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 7 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • Review — Sustainability: Liabilities to assets ratio scored 54/100.