Think Local First Dc
Nonprofit profile at a glance
- EIN
- 273234836
- IRS 990 coverage
- 2018–2020
- Forms available
- Form 990 2020, Form 990-EZ 2017
- Location
- Washington, DC, USA
- Phone
- 2023711220
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $233,534
- Expenses
- $217,648
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- RAJ AGGARWAL (BOARD PRESIDENT)
- CHE RUDDELL-TABISOLA (INTERIM BOARD PRESIDENT)
- MARI RODELA (VICE PRESIDENT)
- KIM DREUX KELLY (EXECUTIVE DIRECTOR)
Highest reported compensation
- KIM DREUX KELLY (EXECUTIVE DIRECTOR): $73,000 total reported compensation
- MICHELE MOLOTSKY (MANAGING DIRECTOR): $24,214 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Think nbsp; local nbsp; first nbsp; dc nbsp; works nbsp; with nbsp; independent nbsp; business nbsp; consumers nbsp; and nbsp; policymakers nbsp; to nbsp; grow nbsp; a nbsp; sustainable nbsp; local nbsp; economy nbsp; in nbsp; Washington nbsp; dc
What it reported doing in 2020
In 2020, think local first dc continued its certification program in partnership with a dc government agency
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 100
- Accountability: 18
- Sustainability: 23
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 42.2%; rating input score 42
- Program expense ratio: 45.3%; rating input score 45
- 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: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 6th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 6.8%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 44.7%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: -13.6% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: 15.5% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: -22.2% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 42.2% of revenue deployed · 45.3% of spending went to programs
- Governance: 0 of 16 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $50K in reported program spending
- Leadership: top reported pay $73K · 16 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2018 to 2020
- Contacts: How to reach this organization
- Money network: 3 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
- High — Accountability: Independent voting board scored 0/100.
- Moderate — Financial Efficiency: Program expense ratio scored 45/100.
- Moderate — Accountability: Governance controls: 5 of 9 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 6/100.