Thought Leadership & Innovation Foundation
Only null% goes to programs Thin reserves Declining revenue
Thought Leadership & Innovation Foundation is a 501(c)(3) organization based in Mclean, Virginia, registered in 2012, with $530,991 in FY2024 revenue. CharityIndex grades it D.
1750 Tysons Blvd Ste 1500, Mclean, VA, 22102 EIN 45-3090698 Since 2012
Revenue (FY2024)
$531K
▼ 43.2% vs prior year
Health median: $840K
Expenses (FY2024)
$514K
Net assets
-$7,761
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Thought Leadership & Innovation Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +3% margin
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 Thought Leadership & Innovation Foundation: 0 mo reserves · +3% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Thought Leadership & Innovation Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Thought Leadership & Innovation Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1750 Tysons Blvd Ste 1500, Mclean, VA, 22102
- City
- Mclean
- State
- Virginia
- Category
- Health Care
- Subcategory
- Alliances, Advocacy & Professional Societies
- Website
- …
Financial trends
Revenue grew from $56K (FY2011) to $531K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $105KNet assets -$7,761
Operating margin
3.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$97K
Total liabilities
$105K
Net assets
-$7,761
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $530,991▼43.2% | $513,863▼48.0% | -$7,761▲68.8% | $97,146▼16.4% | 990 |
| 2023 | $934,039▲22.4% | $987,907▲25.0% | -$24,889▼186% | $116,135▼26.5% | 990 |
| 2022 | $763,317▼56.3% | $790,569▼49.6% | $28,979▼70.3% | $158,099▼42.1% | 990 |
| 2021 | $1,747,360▲126% | $1,569,492▲116% | $97,486▲221% | $272,882▲11.7% | 990 |
| 2020 | $773,786▼17.0% | $725,165▼26.9% | -$80,382▲37.7% | $244,236▲142% | 990 |
| 2019 | $931,768▼40.1% | $992,578▼41.8% | -$129,002▼89.2% | $100,834▼76.8% | 990 |
| 2018 | $1,555,085▼27.2% | $1,705,263▼21.8% | -$68,192▲28.8% | $434,943▲71.2% | 990 |
| 2017 | $2,136,217▲1290% | $2,179,803▲1186% | -$95,764▼372% | $254,053▲342% | 990 |
| 2015 | $153,643▲824% | $169,443▲239% | $35,207▼31.0% | $57,530▼25.5% | 990EZ |
| 2014 | $16,625▼93.6% | $49,969▼80.4% | $51,007▼39.5% | $77,272▼19.2% | 990EZ |
| 2013 | $260,450 | $254,490▲23.5% | $84,351▲7.7% | $95,577▼7.9% | 990 |
| 2012 | — | $206,143▲506% | $78,334▲261% | $103,774▲298% | 990 |
| 2011 | $55,737 | $34,023 | $21,714 | $26,105 | 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.
Grants received · $3.2M total
10 grants to Thought Leadership & Innovation Foundation totaling $3.2M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mayo Clinic | Support charitable programs | 2024 | $279,793 |
| Mayo Clinic | Support charitable programs | 2023 | $639,618 |
| Mayo Clinic | Support charitable programs | 2022 | $803,351 |
| Mayo Clinic | Support charitable programs | 2021 | $333,132 |
| National Philanthropic Tr | Public, societal benefit | 2021 | $12,500 |
| Mayo Clinic | Support charitable programs | 2020 | $189,281 |
| Mayo Clinic | Support charitable programs | 2019 | $244,820 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $523,956 |
| Mayo Clinic | Support charitable programs | 2018 | $20,968 |
| Mayo Clinic | Support charitable programs | 2016 | $129,000 |
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Frequently asked questions
- Is Thought Leadership & Innovation Foundation a legitimate nonprofit?
- Yes. Thought Leadership & Innovation Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-3090698, based in Mclean, Virginia. Donations are tax-deductible.
- What is Thought Leadership & Innovation Foundation's EIN?
- Thought Leadership & Innovation Foundation's Employer Identification Number (EIN) is 45-3090698.
- How much revenue does Thought Leadership & Innovation Foundation report?
- Thought Leadership & Innovation Foundation reported $530,991 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Thought Leadership & Innovation Foundation have?
- CharityIndex grades Thought Leadership & Innovation Foundation D, based on financial health (reserves and operating margin).
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Explore more
Data for Thought Leadership & Innovation Foundation (EIN 45-3090698) 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.