I Think Community Foundation Inc is a 501(c)(3) organization based in Delray Beach, Florida, registered in 2016, with $246,044 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$246K
▲ 102.4% vs prior year
Education median: $200K
Expenses (FY2024)
$147K
Net assets
$138K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for I Think Community Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For I Think Community Foundation Inc: 11 mo reserves · +40% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for I Think Community Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For I Think Community Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $42K (FY2020) to $246K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
40.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$138K
Total liabilities
$0
Net assets
$138K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $246,044▲102% | $147,340▲56.3% | $138,386▲249% | $138,386▲249% | 990 |
| 2023 | $121,551▲40.5% | $94,257▼2.8% | $39,682▲220% | $39,682▲220% | 990EZ |
| 2022 | $86,499▲22.1% | $96,997▲85.3% | $12,388▼45.9% | $12,388▼45.9% | 990EZ |
| 2021 | $70,814▲70.5% | $52,353▲12.6% | $22,886▲417% | $22,886▲417% | 990EZ |
| 2020 | $41,533 | $46,487 | $4,425 | $4,425 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
5 grants to I Think Community Foundation Inc totaling $271K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ithink Financial Credit Union | To support the mission of improving the lives of children and families in the community. | 2024 | $79,922 |
| Ithink Financial Credit Union | General support | 2023 | $74,826 |
| Ithink Financial Credit Union | General support | 2022 | $46,196 |
| Ithink Financial Credit Union | General support | 2021 | $40,861 |
| Ithink Financial Credit Union | General support | 2020 | $28,871 |
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Data for I Think Community Foundation Inc (EIN 35-2550107) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.