NonprofitsThinkwatts Foundation

Community Improvement & Capacity Building

Thinkwatts Foundation

LOS ANGELES, CA

Total revenue

$1.5M

Total expenses

$1.2M

Net assets

$842K

Grants received

$691K

27 grants

EIN

832224841

Tax year

2024

Mission

The primary focus on community grassroots activations along with developing financial literacy programs, program development, local refurbishments, tools, equipment, and supplies for students, custom container housing solutions, and charitable fundraising through entertainment industry efforts.

Financials

FY 2024

Revenue

Contributions & grants$1.5M
Program service revenue$42K
Investment income
Other revenue
Total revenue$1.5M

Expenses

Grants paid
Salaries & benefits$415K
Fundraising$30K
Other expenses$750K
Total expenses$1.2M
Total assets$852K
Net assets$842K

People

5 listed

NameRoleCompensation

BRANDON SALAAM-BAILEY

CEO AND CORPORATE SECRETARY

Board

$239K

40 hrs/wk

FELICIA USHER

CHIEF FINANCIAL OFFICER

Board

$60K

40 hrs/wk

KEENAN TOWNS

BOARD CHAIR

Board

1 hrs/wk

LEANDRO TYBERG

SECRETARY

Board

1 hrs/wk

EMADA TINGIRIDES

VICE CHAIR

Board

1 hrs/wk

Grants received

Showing 27 of 27

FromAmountPurposeYear
$55K
PROGRAM SUPPORT
2024
$53K
SOCCER CLINICS & PROGRAMMING
2024
$10K
Thinkwatts Foundation Sponsored Event
2024
$10K
COMMUNITY SERVICES
2024
$10K
Thinkwatts Foundation Gala
2024
$10K
YOUTH DEVELOPMENT
2024
$100K
PROGRAM/OPERATING SUPPORT
2023
$67K
SOCCER CLINICS & PROGRAMMING
2023
$50K
PUBLIC HEALTH CAPACITY BUILDING
2023
$20K
GENERAL SUPPORT
2023
$15K
Cultural Heritage
2023
$10K
Thinkwatts Foundation Annual Juneteenth Celebratio
2023
$5K
GENERAL SUPPORT
2023
$5K
Operational Assistance
2023
$25K
SHARED PROSPERITY
2022
$15K
For grant recipient's exempt purposes
2022
$100
CIVIC & COMMUNITY
2022
$44K
SOCCER YOUTH PROGRAM
2021
$20K
Thinkwatts Foundation Core Support
2020
$40
CIVIC & COMMUNITY
2020

Funded by

$691K from 22 funders · 27 grants · 2020–2024

Lafc Sports Foundation

$120K · 2 grants · 2023–2024

Local Initiatives Support Corporation

$115K · 2 grants · 2020–2024

The Play Equity Fund

$55K · 1 grant · 2024

Community Partners

$50K · 1 grant · 2023

Kaiser Foundation Hospitals

$30K · 2 grants · 2020–2024

United Way Inc

$25K · 1 grant · 2022

Details

EIN832224841
NTEE codeS99
Subsection03
Ruling date2019-07
Formed2018
Employees0
Volunteers0
THINKWATTS FOUNDATION — Mission, Financials & Grants Received | Grantivo