Thought Leadership & Innovation Foundation
EIN: 453090698 · Mclean, VA · NTEE: E05
Is Thought Leadership & Innovation Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thought Leadership & Innovation Foundation
Thought Leadership & Innovation Foundation (EIN: 453090698) is a nonprofit organization based in Mclean, VA, classified under NTEE code E05. The organization reported total revenue of $531K and total assets of $97K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thought Leadership & Innovation Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thought Leadership & Innovation Foundation is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 26.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $763K |
| Total Expenses | $791K |
| Surplus / Deficit | $-27,252 |
| Total Assets | $158K |
| Total Liabilities | $129K |
| Net Assets | $29K |
| Operating Margin | -3.6% |
| Debt-to-Asset Ratio | 81.7% |
| Months of Reserves | 2.4 months |
Financial Health Grade: D
In 2023, Thought Leadership & Innovation Foundation reported a deficit of $27K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 81.7% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Thought Leadership & Innovation Foundation's revenue has grown at a compound annual growth rate (CAGR) of 26.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.3% | -49.6% | -42.1% |
| 2022 | +125.8% | +116.4% | +11.7% |
| 2021 | -17.0% | -26.9% | +142.2% |
| 2020 | -40.1% | -41.8% | -76.8% |
| 2019 | -27.2% | -21.8% | +71.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2800 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thought Leadership & Innovation Foundation 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 Thought Leadership & Innovation Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 81.7%.
Frequently Asked Questions about Thought Leadership & Innovation Foundation
Is Thought Leadership & Innovation Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Thought Leadership & Innovation Foundation (EIN: 453090698) insufficient data. 0 red flags identified, 0 strengths noted.
How does Thought Leadership & Innovation Foundation spend its money?
Detailed spending breakdown data is not yet available for Thought Leadership & Innovation Foundation. Check back for updated IRS 990 analysis.
Are donations to Thought Leadership & Innovation Foundation tax-deductible?
Thought Leadership & Innovation Foundation is registered as a tax-exempt nonprofit (EIN: 453090698). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Thought Leadership & Innovation Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Thought Leadership & Innovation Foundation's revenue has grown by 1269.5%, moving from $56K to $763K. Total assets increased by 505.6% over the same period, from $26K to $158K. Total functional expenses rose by 2223.6%, from $34K to $791K. In its most recent filing year (2023), Thought Leadership & Innovation Foundation reported a deficit of $27K, with expenses exceeding revenue. The organization holds $129K in liabilities against $158K in assets (debt-to-asset ratio: 81.7%), resulting in net assets of $29K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $763K | $791K | $158K | $129K | — | — |
| 2022 | $1.7M | $1.6M | $273K | $175K | — | View 990 |
| 2021 | $774K | $725K | $244K | $325K | — | — |
| 2020 | $932K | $993K | $101K | $230K | — | View 990 |
| 2019 | $1.6M | $1.7M | $435K | $503K | — | View 990 |
| 2018 | $2.1M | $2.2M | $254K | $350K | — | View 990 |
| 2017 | $2.3M | $2.3M | $708K | $658K | — | View 990 |
| 2016 | $154K | $169K | $58K | $22K | — | View 990 |
| 2015 | $17K | $50K | $77K | $26K | — | View 990 |
| 2014 | $260K | $254K | $96K | $11K | — | View 990 |
| 2013 | $263K | $206K | $104K | $25K | — | View 990 |
| 2012 | $56K | $34K | $26K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $763K, expenses of $791K, and assets of $158K (revenue -56.3% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.6M, and assets of $273K (revenue +125.8% year-over-year).
- 2021: Revenue of $774K, expenses of $725K, and assets of $244K (revenue -17.0% year-over-year).
- 2020: Revenue of $932K, expenses of $993K, and assets of $101K (revenue -40.1% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.7M, and assets of $435K (revenue -27.2% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.2M, and assets of $254K (revenue -7.9% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.3M, and assets of $708K (revenue +1410.0% year-over-year).
- 2016: Revenue of $154K, expenses of $169K, and assets of $58K (revenue +824.2% year-over-year).
- 2015: Revenue of $17K, expenses of $50K, and assets of $77K (revenue -93.6% year-over-year).
- 2014: Revenue of $260K, expenses of $254K, and assets of $96K (revenue -0.9% year-over-year).
- 2013: Revenue of $263K, expenses of $206K, and assets of $104K (revenue +371.4% year-over-year).
- 2012: Revenue of $56K, expenses of $34K, and assets of $26K.
Data Sources and Methodology
This transparency report for Thought Leadership & Innovation Foundation 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.