Think Small in Saint Paul, Minnesota (MN)

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Think Small
Employer Identification Number (EIN)411260581
Name of OrganizationThink Small
Address10 Yorkton Ct, Saint Paul, MN 55117-1065
ActivitiesOther instruction and training
SubsectionEducational Organization
Ruling Date03/1976
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$11,176,921
Amount of Income$20,674,219
Form 990 Revenue Amount$19,699,760
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Child Day Care


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Amount of income in 2014: $20,674,219 (it was $9,674,989 in 2013)
This organization: 

 $20,674,219
Other organizations performing similar types of work: 

 $240,614

Assets in 2014: $11,176,921 (it was $6,387,231 in 2013)
Think Small: 

 $11,176,921
Other organizations performing similar types of work: 

 $185,478

Expenses in 2014: $19,707,756
Think Small: 

 $19,707,756
Other organizations performing similar types of work: 

 $217,210

Income to expenses ratio in 2014: 1.0
Think Small: 

 1.0
Other organizations performing similar types of work: 

 1.1

Number of employees in 2014: 117
This organization: 

 117
Other organizations performing similar types of work: 

 15

Employees paid over $100,000 in 2014: 4.3%
This organization: 

 4.3%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2014: 86.9%
Think Small: 

 86.9%
Other organizations performing similar types of work: 

 21.3%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Support schedule

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?YesYesYes
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?YesYesNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNoNo
Did the organization report an amount for land, buildings, and equipment?YesYesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?YesYesYes
Did the organization report an amount for other liabilities?NoNoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYesYes
Did the organization obtain separate, independent audited financial statements for the tax year?YesYesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNoNo
Did the organization operate one or more hospital facilities?NoNoNo
Did the organization attach a copy of its audited financial statements?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?YesYesYes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoYesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNoNo
A family member of a current or former officer, director, trustee, or key employee?NoNoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNoNo
Did the organization receive more than $25,000 in non-cash contributions?YesNoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNoNo
Was the organization related to any tax-exempt or taxable entity?NoNoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNoNo
Statements Regarding Other IRS Filings and Tax Compliance
2011201220132014
The number reported in Box 3 of Form 1096210237237
The number of Forms W-2G000
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return107108117
Did the organization file all required federal employment tax returns?YesYesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNoNo
Has it filed a Form 990-T for this year?NoNoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNoNo
Did the organization file Form 8886-T?NoNoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNoNo
Did the organization notify the donor of the value of the goods or services provided?NoNoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNoNo
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities $0$0$0$0
Gross income from members or shareholders$0$0$0$0
Gross income from other sources$0$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNoNo
The amount of tax-exempt interest received or accrued during the year$0$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0$0
The amount of reserves on hand$0$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNoNo
Has it filed a Form 720 to report these payments?NoNoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$232,119$538,416$347,807
Total reportable compensation from related organizations$0$0$0
Total estimated amount of other compensation from the organization and related organizations$26,354$72,278$38,222
Total number of individuals who received more than $100,000 of reportable compensation from the organization242
Total number of independent contractors who received more than $100,000 of compensation from the organization033
Statement of Revenue
2011201220132014
Total revenue$9,517,628$9,497,777$9,674,989$19,699,760
Contributions, Gifts, Grants and Other Similar Amounts$6,507,592$6,955,864$7,247,407$17,117,049
Program Service Revenue$448,502$393,671$456,559$489,970
Child Day Care Services $323,603$413,870$451,306
900099$70,068$42,689$38,664
All other program service revenue$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$5,635$2,116$647$2,095
Income from investment of tax-exempt bond proceeds$0$0$0$0
Royalties$0$0$0$0
Net rental income$0$0$0$0
Net gain/loss from sales of assets other than inventory$0$0$0$0
Net income/loss from fundraising events$0$0$0$0
Net income/loss from gaming activities$0$0$0$0
Net income/loss from sales of inventory$2,541,622$2,143,122$1,960,904$2,047,279
Gross sales of inventory, less returns and allowances$3,786,177$3,223,750$2,861,380$3,021,738
Less: cost of goods sold$1,244,555$1,080,628$900,476$974,459
Miscellaneous Revenue$14,277$3,004$9,472$43,367
900099$3,004$9,472$43,367
All other revenue$0$0$0
Statement of Functional Expenses
2011201220132014
Total functional expenses$9,190,121$9,613,272$10,240,418$19,707,756
Grants and other assistance to domestic organizations and domestic governments$905,122$2,541,092$11,655,176
Grants and other assistance to domestic individuals$0$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0$0
Benefits paid to or for members$0$0$0
Compensation of current officers, directors, trustees, and key employees$275,303$297,185$329,642$392,064
Compensation not included above, to disqualified persons$0$0$0
Other salaries and wages$3,472,034$3,499,982$3,426,894$3,274,505
Pension plan accruals and contributions$73,328$80,137$80,397
Other employee benefits$289,281$260,607$460,603
Payroll taxes$240,954$267,749$264,151$270,277
Fees for services (non-employees)
Management$0$0$0
Legal$14,231$12,237$8,889
Accounting$17,000$20,024$18,500
Lobbying$0$0$0
Professional fundraising services$0$0$0$0
Investment management fees$0$0$0
Other$588,447$1,141,673$1,400,817
Advertising and promotion$311,416$319,044$364,417
Office expenses$661,380$694,258$710,914
Information technology$68,932$67,592$93,697
Royalties$0$0$0
Occupancy$391,518$299,766$312,407
Travel$106,642$87,534$111,717
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0$0
Conferences, conventions, and meetings$51,202$52,076$56,852
Interest$28,713$22,812$21,043
Payments to affiliates$0$0$0
Depreciation, depletion, and amortization$270,780$332,248$365,970
Insurance$46,951$55,223$51,944
Other expenses$1,614,726$139,029$45,685
Other expenses$49,823$49,218$6,241
Other expenses$46,550$24,494$3,307
Other expenses$6,957$11,108$2,111
Other expenses$0$9,559$223
Balance Sheet
2011201220132014
Total assets$6,260,405$7,216,175$6,387,231$11,176,921
Cash - non-interest-bearing$217,579$0$411,013
Savings and temporary cash investments$817,948$212,184$415,177
Pledges and grants receivable, net$869,116$106,192$318,604
Accounts receivable, net$980,144$1,742,812$5,216,656
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0$0
Notes and loans receivable, net$0$0$0
Inventories for sale or use$544,261$548,273$577,255
Prepaid expenses and deferred charges$127,132$110,080$209,512
Land, buildings, and equipment: cost or other basis$1,990,829$1,823,656$1,635,718
Investments - publicly traded securities$464,904$333,136$585,862
Investments - other securities$542,033$635,520$759,301
Investments - program-related$0$0$0
Intangible assets$22,436$20,094$17,753
Other assets$639,793$855,284$1,030,070
Total liabilities$1,675,529$2,734,410$2,345,106$6,974,281
Accounts payable and accrued expenses$851,030$1,505,953$5,194,113
Grants payable$0$0$0
Deferred revenue$9,330$383,173$1,344,202
Tax-exempt bond liabilities$0$0$0$0
Escrow or custodial account liability$1,397,684$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0$0
Secured mortgages and notes payable to unrelated third parties$491,864$476,366$455,980$435,966
Unsecured notes and loans payable to unrelated third parties$0$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0$0
Total net assets or fund balances$4,584,876$4,481,765$4,042,125$4,202,640
Unrestricted net assets$4,090,149$3,845,031$3,740,182
Temporarily restricted net assets$391,616$197,094$462,458
Permanently restricted net assets$0$0$0
Capital stock or trust principal, or current funds$0$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0$0
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
2010 - 2014 Total
Public Support$43,681,934
Subtotal Support$43,877,683
Gifts, grants, contributions, and membership fees received$43,877,683
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$195,749
Total Support$43,962,546
Public Support$43,877,683
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$14,743
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$70,120
Gross receipts from related activities, etc.$18,986,868
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Think Small10 Yorkton Ct, Saint Paul, MN 55117-1065MN1976-03$20,674,219
2Board Of Trustees Of The Strawbridge Home For Boys Inc3300 Gaither Rd, Baltimore, MD 21244-2916MD1926-08$7,032,278
3Newaygo County Day Care Corporation5764 Division St, Newaygo, MI 49337-9081MI1979-10$676,691
4Kidworks Learning Center37 Reservoir Rd, Meredith, NH 03253-5512NH1997-07$549,253
5Eagles Nest Early Learning Center, Eagles Nest Child Care Center10655 Highway 119, Black Hawk, CO 80422-8835CO1993-09$504,420
6Rcn Foundation Inc941 South Ave, Rochester, NY 14620-2746NY1991-08$450,159
7Richmond Day Nursery Association300 N 10th St, Richmond, IN 47374-3116IN1948-03$446,227
8Madill Community Day Care Center Assn IncPO BOX 247, Madill, OK 73446-0247OK1972-12$445,303
9Mount St Mary Day Care Inc855 Englewood Ave, Buffalo, NY 14223-2332NY1994-08$359,478
10Curwin Child Care Center Inc39 Curwin Ter, Lynn, MA 01905-1425MA1990-08$298,980
11Ryther Child Center League11012 35th Ave Sw, Seattle, WA 98146-1729WA1949-08$240,614
12Morristown After School ProgramPO BOX 858, Morrisville, VT 05661-0858VT1995-04$228,662
13After School Latch Key Program Inc540 3rd Ave Ne, Valley City, ND 58072-2628ND1993-03$206,428
14Wausau Child Care Foundation Inc505 N 28th Ave, Wausau, WI 54401-4104WI1987-08$117,408
15University Christian Church Child Care Center Inc6800 Adelphi Rd, Hyattsville, MD 20782-1403MD1994-03$58,111
16Delta Day Care Incorporated2202 Strauss St, Brooklyn, NY 11212-4352NY1997-09$0
17Gold Beach Child Care AssociationPo Box 1423, Gold Beach, OR 97444OR1997-02$0
18Micro City Government IncPO BOX 11391, Lexington, KY 40575-1391KY1971-11$0
19Robert A Young Child Development Corp5510 S Kingshighway Blvd, St Louis, MO 63109-3212MO1992-05$0
20Temple Beth El Pre-School Inc501 S Main St, Andover, MA 01810-6256MA1997-12$0
Number of organizations performing similar types of work
Colorado1
Indiana1
Kentucky1
Louisiana1
Massachusetts3
Maryland2
Michigan1
Minnesota1
Missouri1
North Dakota1
New Hampshire1
New York6
Oklahoma1
Oregon1
Pennsylvania1
South Carolina1
Vermont1
Washington1
Wisconsin1
Total27

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