Think Outside Da Block
EIN: 813812257 · Chicago, IL · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $270K |
| Net Assets | $27K |
Is Think Outside Da Block Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Think Outside Da Block
Think Outside Da Block (EIN: 813812257) is a nonprofit organization based in Chicago, IL, classified under NTEE code O50. The organization reported total revenue of $1.3M and total assets of $282K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Think Outside Da Block's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Think Outside Da Block is a mid-size nonprofit that has been operating for 9 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of -15.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $226K |
| Total Expenses | $270K |
| Surplus / Deficit | $-44,423 |
| Total Assets | $37K |
| Total Liabilities | $10K |
| Net Assets | $27K |
| Operating Margin | -19.7% |
| Debt-to-Asset Ratio | 26.6% |
| Months of Reserves | 1.6 months |
Financial Health Grade: C
In 2022, Think Outside Da Block reported a deficit of $44K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 26.6% (moderate leverage).
Financial Trends
Over 2 years of filings (2021–2022), Think Outside Da Block's revenue has declined at a compound annual growth rate (CAGR) of -15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -15.7% | +36.1% | -50.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Think Outside Da Block has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Think Outside Da Block with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.6%.
Frequently Asked Questions about Think Outside Da Block
Is Think Outside Da Block a legitimate charity?
Think Outside Da Block (EIN: 813812257) is a registered tax-exempt nonprofit based in Illinois. It has 2 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: C.
How does Think Outside Da Block spend its money?
Think Outside Da Block reported $1.3M in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Think Outside Da Block tax-deductible?
Think Outside Da Block is registered as a tax-exempt nonprofit (EIN: 813812257). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Think Outside Da Block located?
Think Outside Da Block is headquartered in Chicago, Illinois and files with the IRS under EIN 813812257. It is classified under NTEE code O50.
How many years of IRS 990 filings does Think Outside Da Block have?
Think Outside Da Block has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.3M in total revenue.
Filing History
IRS 990 filing history for Think Outside Da Block showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Think Outside Da Block's revenue has declined by 15.7%, moving from $268K to $226K. Total assets decreased by 50.6% over the same period, from $74K to $37K. Total functional expenses rose by 36.1%, from $199K to $270K. In its most recent filing year (2022), Think Outside Da Block reported a deficit of $44K, with expenses exceeding revenue. The organization holds $10K in liabilities against $37K in assets (debt-to-asset ratio: 26.6%), resulting in net assets of $27K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $226K | $270K | $37K | $10K | — | View 990 |
| 2021 | $268K | $199K | $74K | $5K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Think Outside Da Block:
Data Sources and Methodology
This transparency report for Think Outside Da Block is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.