Thinking Huts
- Assets
- $29.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Rapids, IA
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 47-4029635
Organization Overview
Thinking Huts is located in Cedar Rapids, IA. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thinking Huts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Thinking Huts generated $147.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $284.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
COMPLETION OF 3D PRINTED SCHOOL IN MADAGASCAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Eastman Director | 5 | $0 | |
Margaret Maggie C Grout CEO Founder | 55 | $0 | |
Ellen Paik Director | 5 | $0 | |
Darryl Hobbs Director | 5 | $0 | |
Tyler Henry Director | 10 | $0 | |
Joff Sharpe Chairman | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,127 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $147,132 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $284,204 |
| Total expenses | $284,204 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,972 |
| Other assets | $0 |
| Total assets | $28,972 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,972 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Thinking Huts has recieved totaling $155,042.
| Awarding Organization | Amount |
|---|---|
Karmagawa Foundation Inc Miami Beach, FL PURPOSE: PROGRAM SUPPORT | $137,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $17,471 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $71 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Industries Of North Central Wisc Inc Menasha, WI | $88,771,633 | $81,283,932 |
Childrens Home & Aid Society Of Illinois Chicago, IL | $55,063,389 | $78,192,284 |
Lutheran Social Services Of Illinois Des Plaines, IL | $62,918,656 | $74,591,812 |
Catholic Charities Of The Archdiocese Of St Paul & Mpls St Paul, MN | $180,924,652 | $74,331,650 |
Hawkeye Area Community Action Program Inc Hiawatha, IA | $14,892,193 | $63,434,127 |
Community Advocates Inc Milwaukee, WI | $18,692,383 | $54,333,478 |
Lutheran Social Services Of Wisconsin And Upper Michigan West Allis, WI | $89,212,422 | $59,977,625 |
Ada S Mckinley Community Services Inc Chicago, IL | $17,309,260 | $43,710,701 |
Christian Social Service Of Illinois Belleville, IL | $18,359,176 | $39,517,456 |
South Metro Human Services St Paul, MN | $24,939,611 | $41,757,961 |
Parents In Community Action Minneapolis, MN | $14,134,015 | $37,230,373 |
Chicago Commons Association Chicago, IL | $18,778,773 | $34,368,248 |