Think Big Corporation

EIN: 832070051 501(c)(3) Human Services

ROCKFORD, IL

Total Revenue
$236,226
Total Expenses
$237,801
Total Assets
$105,148
Net Assets
$105,148
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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
2018
Legal Domicile
IL
Tax Period
2024-01-01 to 2024-12-31

Think Big Corporation, founded in 2018, is a small nonprofit in the Human Services sector that reported $236K in total revenue in fiscal year 2024.

Mission

Thinks Bigs mission is to cultivate a thriving ecosystem for minority business owners and aspiring entrepreneurs providing them with the tools knowledge and network to turn their vision into reality.

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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 (2024)

Revenue Breakdown

Contributions & Grants $235,879
Program Service Revenue $0
Investment Income $347
Other Revenue $0
TOTAL REVENUE $236,226

Expense Breakdown

Grants Paid $0
Salaries & Benefits $118,432
Fundraising Expenses $23,731
Program Expenses $178,478
Other Expenses $119,369
TOTAL EXPENSES $237,801

Year-over-Year Comparison

2024 2023 Change
Revenue $236,226 N/A N/A
Expenses $237,801 N/A N/A
Net Income $-1,575 N/A N/A
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
6
Independent Members
5
Employees
2
Volunteers
N/A

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
3
$109,615
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Fransica French Board Member 1.00
Director
$0 $0 $0
Martesha Brown Board Member 1.00
Director
$0 $0 $0
Matthew Simpson Board Member 1.00
Director
$0 $0 $0
Sheila Hill Board Chair Treasurer 40.00
Officer Highest
$109,615 $0 $109,615
Duntai Matthews Vice Chair 1.00
Officer
$0 $0 $0
Khaneidra Horton Secretary 1.00
Officer
$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
2024 $236,226 $237,801 $105,148 $-1,575
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