Thinkwell Institute
- Assets
- $7.8m
- Revenue
- $8.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Leander, TX
- Founding
- 11/2015
- Data as of
- 12/2021
- EIN
- 47-4007262
Organization Overview
Thinkwell Institute is located in Leander, TX. The organization was established in 2015. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thinkwell Institute 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, Thinkwell Institute generated $8.4m in total revenue. All expenses for the organization totaled $8.6m during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROPELS ORGANIZATIONS AND CHANGE MAKERS ACROSS THE GLOBE TO MAKE GROUNDBREAKING IMPROVEMENTS TO THE WELL-BEING OF SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE STRATEGIC PURCHASING FOR PRIMARY HEALTH CARE (SP4PHC) PROJECT AIMS TO IMPROVE HOW GOVERNMENTS PURCHASE PRIMARY HEALTH CARE SERVICES WITH A FOCUS ON FAMILY PLANNING AND MATERNAL, NEWBORN AND CHILD HEALTH. THE FIVE SP4PHC COUNTRIES - BURKINA FASO, INDONESIA, KENYA, THE PHILIPPINES, AND UGANDA - LIKE MANY COUNTRIES AROUND THE WORLD, ARE TRYING TO FIGURE OUT HOW BEST TO ENGAGE AND PAY HEALTHCARE PROVIDERS IN ORDER TO IMPROVE ACCESS TO HIGH QUALITY PRIMARY HEALTH CARE SERVICES WHILE CONTAINING COSTS. OUR COUNTRY-BASED TEAMS ARE WORKING WITH PUBLIC PURCHASERS - NATIONAL HEALTH MINISTRIES, SUB-NATIONAL HEALTH DEPARTMENTS, AND HEALTH INSURERS - TO MAKE MORE DELIBERATE DECISIONS ABOUT WHAT SERVICES TO COVER, WHICH PROVIDERS TO CONTRACT, AND THE PAYMENT METHODS AND RATES TO USE, WITH THE GOAL OF IMPROVING HEALTH.
TO SUPPORT STRENGTHENING OF MOZAMBIQUE'S COVID-19 RESPONSE AND ESSENTIAL HEALTH SERVICES CONTINUITY.
THINKWELL AIMS TO IMPROVE THE PERFORMANCE AND PRODUCTIVITY OF HEALTH FACILITY PROFESSIONALS. LEVERAGING THINKWELL'S HUMAN RESOURCES FOR HEALTH (HRH) AND HEALTH SYSTEMS EXPERTISE, WE SUPPORT THE MINISTRY OF HEALTH (MOH) TO IMPROVE HEALTH WORKERS' PERFORMANCE BY (I) TESTING NEW APPROACHES AND MODELS FOR HEALTH WORKER ALLOCATION, (II) CONTRIBUTING TO THE DESIGN OF A STRATEGY TO IMPROVE PERFORMANCE, MOTIVATION, AND MANAGEMENT THROUGH A PERFORMANCE BASED FINANCING MECHANISM APPROPRIATE TO THE NATIONAL CONTEXT AND MOH OBJECTIVES, AND (III) THROUGH A COMPREHENSIVE SITE MANAGEMENT APPROACH, STRENGTHEN PRIMARY HEALTH CARE FACILITY MANAGEMENT TO MORE EFFICIENTLY AND EFFECTIVELY MEET CHANGING SERVICE DEMANDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $318,425 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,116,620 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,435,045 |
| Total Program Service Revenue | $0 |
| Investment income | $971 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,060 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,446,076 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $136,263 |
| Compensation of current officers, directors, key employees. | $41,100 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,963,090 |
| Pension plan accruals and contributions | $89,027 |
| Other employee benefits | $591,881 |
| Payroll taxes | $206,623 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $40,519 |
| Fees for services: Accounting | $2,456 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $585,589 |
| Advertising and promotion | $0 |
| Office expenses | $80,232 |
| Information technology | $387,875 |
| Royalties | $0 |
| Occupancy | $115,701 |
| Travel | $147,308 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $120,642 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $42,828 |
| All other expenses | $122,196 |
| Total functional expenses | $8,572,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $446,795 |
| Savings and temporary cash investments | $4,338,800 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,880 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,014,462 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,106 |
| Total assets | $7,820,043 |
| Accounts payable and accrued expenses | $225,335 |
| Grants payable | $0 |
| Deferred revenue | $7,349,115 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,574,450 |
| Net assets without donor restrictions | $245,593 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,820,043 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Thinkwell Institute has recieved totaling $12,217,390.
| Awarding Organization | Amount |
|---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: DELIVERY OF SOLUTIONS TO IMPROVE GLOBAL HEALTH; FAMILY PLANNING | $5,668,723 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: DELIVERY OF SOLUTIONS TO IMPROVE GLOBAL HEALTH | $3,054,041 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: DELIVERY OF SOLUTIONS TO IMPROVE GLOBAL HEALTH | $1,695,713 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: DELIVERY OF SOLUTIONS TO IMPROVE GLOBAL HEALTH; GLOBAL HEALTH AND DEVELOPMENT PUBLIC AWARENESS AND ANALYSIS; RESEARCH AND LEARNING OPPORTUNITIES | $825,460 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: DELIVERY OF SOLUTIONS TO IMPROVE GLOBAL HEALTH; GLOBAL HEALTH AND DEVELOPMENT PUBLIC AWARENESS AND ANALYSIS | $400,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: RESEARCH AND LEARNING OPPORTUNITIES | $300,323 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Hands Relief Inc Arlington, TX | $2,480,716 | $16,870,671 |
Ekal Vidyalaya Foundation Of Usa Inc Houston, TX | $8,311,702 | $8,920,976 |
Thinkwell Institute Leander, TX | $7,820,043 | $8,446,076 |
Reach Now International Inc Tulsa, OK | $23,892 | $8,518,045 |
Medical Benevolence Foundation Houston, TX | $13,521,157 | $7,702,222 |
Conflict And Development Research Fund Castroville, TX | $3,738,303 | $60,944 |
Faith In Practice Houston, TX | $14,021,764 | $10,305,990 |
Millennium Relief And Development Services Inc Bellaire, TX | $1,985,456 | $5,779,466 |
Blessings International Broken Arrow, OK | $7,020,981 | $3,899,748 |
Attack Poverty Stafford, TX | $5,706,227 | $4,502,108 |
International Educational Programs Inc San Antonio, TX | $1,237,963 | $4,073,933 |
Christian Health Service Corps Grand Saline, TX | $4,182,710 | $4,323,020 |