ITHINK SCHOOL ASSEMBLIES INC

EIN: 262186891 501(c)(3)

San Diego, CA

Total Revenue
$63,185
Total Expenses
$65,847
Total Assets
$42,587
Net Assets
$-966
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CA
Principal Officer
Chad Furlong
Phone
8589457304
Tax Period
2018-01-01 to 2018-12-31

ITHINK SCHOOL ASSEMBLIES INC, founded in 2008, is a micro nonprofit that reported $63K in total revenue in fiscal year 2018. Revenue fell 32% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE INSPIRATIONAL AND EDUCATIONAL EXPERIENCE IN THE SCHOOL ASSEMBLY AND CLASSROOM

Program Service Accomplishments

Program 1
Expenses: $60,515 Revenue: $35,166

PROCIDE ASSEMBLIES UNTILIZING DANCE, STOMP, DRAMA, MUSIC VIDEO, STUDENT INTERACTION, PERSONAL STORIES, VIDEO AND LIFE=CHANGING ILLUSTRATIONS TO ENGAGE STUDENTSS IN AN EXPERIENCE THAT WILL IMPACT...

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PROCIDE ASSEMBLIES UNTILIZING DANCE, STOMP, DRAMA, MUSIC VIDEO, STUDENT INTERACTION, PERSONAL STORIES, VIDEO AND LIFE=CHANGING ILLUSTRATIONS TO ENGAGE STUDENTSS IN AN EXPERIENCE THAT WILL IMPACT THEIR LIVES FOREVER.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $28,019
Program Service Revenue $35,166
Investment Income $0
Other Revenue $0
TOTAL REVENUE $63,185

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,374
Fundraising Expenses $0
Program Expenses $60,515
Other Expenses $55,473
TOTAL EXPENSES $65,847

Year-over-Year Comparison

2018 2017 Change
Revenue $63,185 $92,543 -0.3%
Expenses $65,847 $102,875 -0.4%
Net Income $-2,662 $-10,332 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
8
Employees
1
Volunteers
50

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$8,400
Total Directors
10
$8,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAIMME JONES TREASURER 0.00
Director
$0 $0 $0
MARK BELL SECRETARY 0.00
Director
$0 $0 $0
CHAD FURLONG PRESIDENT 20.00
Officer Director
$8,400 $0 $8,400
Domingo Palacios Director 0.00
Director
$0 $0 $0
JONATHAN SMITH DIRECTOR 0.00
Director
$0 $0 $0
ROBERT FITZGERALD DIRECTOR 0.00
Director
$0 $0 $0
MIKE FURLONG DIRECTOR 0.00
Director
$0 $0 $0
RICK DUNN DIRECTOR 0.00
Director
$0 $0 $0
JOEL DIAZ DIRECTOR 0.00
Director
$0 $0 $0
Marc Wallis DIRECTOR 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $63,185 $65,847 $42,587 $-2,662
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