Skip to content
Nonprofiteer
← THINK SMALL

Form 990 for tax year 2022

Filed by THINK SMALL.

Totals

Total revenue
$37,375,201
Total expenses
$36,122,189
Contributions and grants received
$35,477,394
Grants paid
$25,354,647
Program service revenue
$250,210
Investment income
$81,571
Other revenue
$1,566,026
Total assets, end of year
$9,957,686
Total liabilities, end of year
$5,206,001
Net assets or fund balances, end of year
$4,751,685
Program services expenses (Part IX)
$34,473,984
Management and general expenses
$1,382,635
Fundraising expenses
$265,570
Program service expenses (Part III)
$34,473,984

Program services were 95.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $30,652,977

  • 1f · All other contributions, gifts and grants

    $4,824,417

  • 1g · Noncash contributions included above

    $475

  • 2a · Program service revenue: Professional Development

    total $224,451 · related or exempt $224,451

  • 2b · Program service revenue: Other Program Service Fees

    total $25,759 · related or exempt $25,759

  • 3 · Investment income

    total $54,019 · excluded $54,019

  • 5 · Royalties

    total $135,827 · excluded $135,827

  • 6a · Gross rents

    real property $28,783

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $28,783

  • 6d · Net rental income or loss

    total $28,783 · excluded $28,783

  • 7a · Gross sales of assets other than inventory

    securities $231,387

  • 7b · Less cost or other basis and sales expenses

    securities $203,835

  • 7c · Gain or loss

    securities $27,552

  • 7d · Net gain or loss

    total $27,552 · excluded $27,552

  • 10a · Gross sales of inventory

    $2,630,220

  • 10b · Cost of goods sold

    $1,054,785

  • 10c · Net income from sales of inventory

    total $1,575,435 · related or exempt $1,575,435

  • 11a · Other revenue: Impairment Loss

    total -$174,019 · excluded -$174,019

  • 11e · Other revenue, total

    -$174,019

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $24,072,275 · program services $24,072,275

  • 2 · Grants to domestic individuals

    total $1,282,372 · program services $1,282,372

  • 5 · Compensation of officers, directors and key employees

    total $451,934 · program services $398,757 · management and general $38,846 · fundraising $14,331

  • 7 · Other salaries and wages

    total $5,933,018 · program services $5,240,990 · management and general $499,161 · fundraising $192,867

  • 8 · Pension plan contributions

    total $225,969 · program services $194,105 · management and general $28,397 · fundraising $3,467

  • 9 · Other employee benefits

    total $529,923 · program services $454,968 · management and general $66,951 · fundraising $8,004

  • 10 · Payroll taxes

    total $456,407 · program services $405,436 · management and general $36,524 · fundraising $14,447

  • 11b · Fees: legal

    total $18,220 · management and general $18,220

  • 11c · Fees: accounting

    total $46,151 · management and general $46,151

  • 11d · Fees: lobbying

    total $50,917 · program services $50,917

  • 11f · Fees: investment management

    total $17,320 · management and general $17,320

  • 11g · Fees: other

    total $846,107 · program services $395,950 · management and general $426,131 · fundraising $24,026

  • 12 · Advertising and promotion

    total $392,186 · program services $375,466 · management and general $16,720

  • 13 · Office expenses

    total $338,628 · program services $330,304 · management and general $8,022 · fundraising $302

  • 14 · Information technology

    total $111,223 · program services $93,397 · management and general $17,137 · fundraising $689

  • 16 · Occupancy

    total $562,921 · program services $540,894 · management and general $22,027

  • 17 · Travel

    total $20,309 · program services $17,271 · fundraising $3,038

  • 19 · Conferences, conventions and meetings

    total $54,566 · program services $34,843 · management and general $19,509 · fundraising $214

  • 20 · Interest

    total $34,719 · program services $185 · management and general $34,534

  • 22 · Depreciation, depletion and amortization

    total $509,451 · program services $484,657 · management and general $24,794

  • 23 · Insurance

    total $90,484 · program services $51,868 · management and general $38,616

  • 24a · Other expenses: Credit Card/Bank Fees

    total $56,574 · program services $39,884 · management and general $13,765 · fundraising $2,925

  • 24b · Other expenses: Subscriptions and dues

    total $15,447 · program services $9,445 · management and general $5,217 · fundraising $785

  • 24c · Other expenses: Miscellaneous Expense

    total $2,978 · management and general $2,978

  • 24d · Other expenses: Bad Debt Expense

    total $1,316 · management and general $1,316

  • 24e · All other expenses

    total $774 · management and general $299 · fundraising $475

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $904,862 · end of year $6,834

  • 3 · Pledges and grants receivable

    beginning of year $10,000 · end of year $2,362,349

  • 4 · Accounts receivable

    beginning of year $2,880,149 · end of year $3,458,582

  • 8 · Inventories for sale or use

    beginning of year $491,938 · end of year $413,651

  • 9 · Prepaid expenses and deferred charges

    beginning of year $189,889 · end of year $222,110

  • 10a · Land, buildings and equipment: cost or other basis

    $4,504,723

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,802,541

  • 10c · Land, buildings and equipment, net

    beginning of year $836,528 · end of year $702,182

  • 11 · Investments: publicly traded securities

    beginning of year $1,656,346 · end of year $1,784,668

  • 12 · Investments: other securities

    beginning of year $109,549 · end of year $106,332

  • 15 · Other assets

    beginning of year $945,329 · end of year $900,978

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,153,253 · end of year $3,676,616

  • 19 · Deferred revenue

    beginning of year $436,753 · end of year $718,368

  • 23 · Secured mortgages and notes payable

    end of year $720,912

  • 25 · Other liabilities

    beginning of year $0 · end of year $90,105

  • 27 · Net assets without donor restrictions

    beginning of year $3,319,584 · end of year $4,306,868

  • 28 · Net assets with donor restrictions

    beginning of year $115,000 · end of year $444,817

Mission and programs · 2022

Mission

To advance quality care and education of children in their crucial early years.

  • Strengthen Families:Family engagement: Think Small is committed to strengthening family's access to high quality care as well as increasing their knowledge about early childhood development and preparing children for kindergarten. Think Small parent-powered texting delivers evidence-based texting messages to parents and caregivers, across MN, for children birth to 5 years old. These short text messages encourage parents to do fun and engaging activities with their children to increase their literacy and numeracy development as well as tips on how to be healthy. Over 10,000 families are currently enrolled.Scholarships and other financial supports: Think Small serves providers and families with targeted financial supports. Think Small administers over 4,700 eligibility-based scholarships for families to enroll children in quality childcare programs in order to reduce opportunity gaps.

    Expenses $25,885,598 · Grants $23,410,020

  • Prepare providers:Professional development, consultation, and coaching: Think Small provides metro-wide professional development opportunities focused on the essential elements of high-quality care. Opportunities include classes and workshops provided in English, Spanish, Hmong, Somali, Oromo, Amharic, and Karen; individual and site-based consultation and coaching support; business support to help maintain a successful childcare business; and career guidance for certification and licensing. Over 11,000 child care providers take part in trainings and coaching every year.Community outreach and access: Think Small's multilingual outreach staff connects with historically underserved communities, including those in low-income neighborhoods, English language learners (ELL), communities of color, immigrant, and refugee families, so they can fully engage in Minnesota's early childhood care and education system. Staff assist nearly 1,000 new immigrant and other families and providers navigating complex government systems, connecting them to resources and services available at think small and other organizations. Staff provide language translation and interpretation for providers and families.Publishing: Redleaf press is our award-winning, international publisher of exceptional early learning curriculum, professional development materials, and business resources. Redleaf publishes more than a dozen new titles every year and has approximately 400 titles in print. Redleaf press has 56 books translated into 12 difference languages. Over 200,000 products are distributed each year to customers both in the U.S. and abroad.Think Small operates a unique early childhood library as a branch of the St. Paul Public Library. Now numbering over 6,500 items, the library's collection is a part of Minnesota's public interlibrary loan system and materials can be delivered to all public libraries statewide.

    Expenses $8,263,351 · Grants $1,894,627 · Revenue $1,825,645

  • Catalyze change:Beanstalk: Think Small has an innovation lab where high-potential services are developed, implemented and when merited, scaled, with the end goal of ensuring every child in Minnesota is ready for kindergarten.

    Expenses $325,035 · Grants $50,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tanya Skogerboe

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Tracy Nordstrom

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Sarah Wade

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Margeaux King

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Robbin Johnson

    Past Chair

    Total calculated
    $0
    Hours/week
    1

  • Arthur Rolnick

    Director

    Total calculated
    $0
    Hours/week
    1

  • Cory Padesky

    Director

    Total calculated
    $0
    Hours/week
    1

  • Fred Senn

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jaylon Rosenblum

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jim Sparks

    Director

    Total calculated
    $0
    Hours/week
    1

  • Andrea Stern

    Director

    Total calculated
    $0
    Hours/week
    1

  • Megan Gunnar

    Director

    Total calculated
    $0
    Hours/week
    1

  • Andrea Singh

    Director

    Total calculated
    $0
    Hours/week
    1

  • Trent Tucker

    Director

    Total calculated
    $0
    Hours/week
    1

  • Andre Dukes

    Director

    Total calculated
    $0
    Hours/week
    1

  • Yolanda J Majors

    Director

    Total calculated
    $0
    Hours/week
    1

  • Barbara Yates

    President and CEO

    Total calculated
    $257,982
    From this org
    $213,487
    From related orgs
    $0
    Other
    $44,495
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $213,487
    Bonus
    $0
    Other
    $0
    Deferred
    $44,495
    Nontaxable benefits
    $0
    Filer's total
    $257,982

  • Mark Cross

    Chief Operating Officer

    Total calculated
    $194,578
    From this org
    $182,862
    From related orgs
    $0
    Other
    $11,716
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,862
    Bonus
    $0
    Other
    $0
    Deferred
    $11,716
    Nontaxable benefits
    $0
    Filer's total
    $194,578

  • Cisa Keller

    SVP EC Quality Development

    Total calculated
    $149,192
    From this org
    $131,811
    From related orgs
    $0
    Other
    $17,381
    Hours/week
    40

  • Jonathan May

    VP of Innovations & Development

    Total calculated
    $128,518
    From this org
    $123,449
    From related orgs
    $0
    Other
    $5,069
    Hours/week
    40

  • Eric Johnson

    Strategic Leader of Marketing & Communication

    Total calculated
    $113,750
    From this org
    $103,553
    From related orgs
    $0
    Other
    $10,197
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
28 March 2024
IRS schema version
2022v5.0
Source object
202431079349300238

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.