Think Regeneration
Nonprofit profile at a glance
- EIN
- 920998684
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2022
- Location
- Colona, IL, USA
- Phone
- 9703895218
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services N.E.C.
Reported finances
- Revenue
- $1,755,449
- Expenses
- $1,677,361
- Assets
- $259,849
- Liabilities
- $128,576
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Abbey Kingdon (President)
Highest reported compensation
- Ryan Slabaugh (Executive Dir.): $29,300 total reported compensation
- Kay Meyer (Director): $750 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Think regeneration is 501(c)(3) nonprofit coalition of organizations, farmers, ranchers, scientists, researchers, and philanthropists who want to accelerate on-the-ground regenerative food supply projects. Our programs support projects that repair food-growing ecosystems reverse trends in chronic disease rates, elevate the voices of regenerative growers, and build more community resilience.
What it reported doing in 2024
We conducted Advancing Food is Medicine programs in Colorado and Oklahoma as part of the USDA-TOPP program. We served 250 families and 54 farmers per week through the Illinois-EATS program. We built applications and community discussion groups for peer-to- peer learning in the Pacific Northwest. We held economic development programs in Washington, Illinois, Tennessee and Arizona. We built a team ready to launch our first prescription food pilots in Illinois in 2025.
Operating model
- Revenue model
- Grant-funded. 70% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 86% of its reported program spending out as grants.
The verdict
STRONG - 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: 91
- Transparency & Controls: 94
- Accountability: 90
- Sustainability: 34
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.9%; rating input score 91
- Program expense ratio: 95.1%; rating input score 95
- Fundraising efficiency: $56.27 raised per $1 spent on fundraising; rating input score 79; 79th percentile among comparable filings
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: 99.9%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.4%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0.49; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 1.8%; rating input score 59; 59th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 161.4% per year; rating input score 100; 100th percentile among comparable filings
- Asset growth: 129.4% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 90.9% of revenue deployed · 95.1% of spending went to programs
- Governance: 9 of 9 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $29K · 10 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 59/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.