Ink Think Tank Inc
- Assets
- $9.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 47-4542555
Organization Overview
Ink Think Tank Inc is located in White Plains, NY. The organization was established in 2015. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ink Think Tank Inc 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 12/2021, Ink Think Tank Inc generated $14.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $18.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED PROGRAMS THAT HELPED TEACHERS USE REAL BOOKS TO TEACH TO CURRICULUM STANDARDS IN WAYS THAT EXCITED AND INSPIRED STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicki Cobb President | 20 | $0 | |
Jan Zanetis Secretary | 15 | $0 | |
Susan Schulman Treasurer | 3 | $0 | |
Alexandra Siy Director | 1 | $0 | |
Dorothy Hinshaw Patent Director | 1 | $1,999 | |
Roxie Munro Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $470 |
| Total Program Service Revenue | $7,706 |
| Membership dues | $6,150 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,326 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,999 |
| Professional fees and other payments to independent contractors | $5,820 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $23 |
| Other expenses | $10,261 |
| Total expenses | $18,103 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,049 |
| Other assets | $0 |
| Total assets | $9,809 |
| Total liabilities | $5,289 |
| Net assets or fund balances | $4,520 |