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International : Development and Relief Services

Thousand Currents

We fund local solutions. We exchange grassroots brilliance.

four stars

92.89

1330 Broadway Suite 301
Oakland, CA 94612
tel: (415) 824-8384   Web Site
EIN: 77-0071852

Board Leadership
Fahad Ahmad
Chair

CEO
Solomé Lemma
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 92.89 four stars
  Financial 90.78 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Thousand Currents partners with grassroots groups - led by women, youth, and Indigenous Peoples in the Global South - that are transforming their communities and creating lasting solutions to our shared global challenges.

Our partners develop solutions that are innovative and impactful. They work to ensure their communities have access to healthy and locally grown food, are able to enjoy economic prosperity that generates wellbeing for all people, and live in a safe and healthy environment that supports abundant life.

Thousand Currents partners with grassroots groups - led by women, youth, and Indigenous Peoples in the Global South - that are transforming their communities and creating lasting solutions to our shared global challenges.

Our partners develop solutions that are innovative and impactful. They work to ensure their communities have access to healthy and locally grown food, are able to enjoy economic prosperity that generates wellbeing for all people, and live in a safe and healthy environment that supports abundant life.

Impact Information

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This impact information is current as of October 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

90.78

Accountability & Transparency

four stars

96.00

This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
79.0%
  Administrative Expenses 7.1%
  Fundraising Expenses 13.8%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 1.30
  Program Expenses Growth 53.0%
  Liabilities to Assets 7.0%
All data for Financial Performance Metrics calculations was provided by Thousand Currents on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Thousand Currents on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Thousand Currents (CA) 92.89 four stars
EMpower (NY) 92.01 four stars
Village Enterprise (CA) 93.88 four stars
Endeavor (NY) 93.21 four stars
Global Greengrants Fund (CO) 98.23 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,596,734
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $6,596,734
   Program Service Revenue $91,685
Total Primary Revenue $6,688,419
   Other Revenue $103,231
TOTAL REVENUE $6,791,650
   
EXPENSES  
   Program Expenses $4,555,201
   Administrative Expenses $317,643
   Fundraising Expenses $752,572
TOTAL FUNCTIONAL EXPENSES $5,625,416
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,166,234
   
Net Assets $5,495,932

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Grants $4,555,201 100.0%

Ratings History
Thousand Currents has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 11/01/2019 92.89 four stars
2017-06 09/01/2018 94.22 four stars
2016-06 12/01/2017 96.65 four stars
2015-06 10/01/2016 89.09 three stars
2014-06 06/01/2016 80.67 three stars
 
CN 2.0
2014-06 05/01/2015 86.55 three stars
2013-06 02/01/2015 65.29 one star
2012-06 04/01/2014 75.60 two stars
2011-06 04/01/2013 66.78 one star
2011-06 02/01/2013 65.77 one star
2011-06 11/06/2012 64.57 one star
2011-06 10/01/2012 63.55 one star
2010-06 12/23/2011 91.28 four stars
 
CN 1.0
2008-06 09/01/2009 88.15 three stars
2007-06 10/01/2008 83.52 three stars
2006-06 08/01/2007 80.45 three stars
2005-06 09/01/2006 79.20 two stars
2004-06 07/01/2005 82.62 three stars
2003-06 08/01/2004 88.34 three stars
2002-06 12/01/2003 85.44 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 77-0071852
Name in IRS Master File THOUSAND CURRENTS
NTEE Code Q30
NTEE Classification International Development, Relief Services
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (560) Supplying money, goods or services to the poor
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date November, 1985
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$135,833 2.41% Rajasvini Bhansali Executive Director
Other Salaries of Note
$140,000 2.48% Kailee Scales Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Thousand Currents (CA) 92.89 four stars
Kids Around the World (IL) 96.46 four stars
International Institute of Rural Reconstruction (IIRR) (NY) 94.12 four stars
Friendship Bridge (CO) 90.07 four stars
Grassroots International (MA) 91.67 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Thousand Currents
1330 Broadway
Suite 301
Oakland, CA 94612
tel: (415) 824-8384
fax: (415) 528-2639
EIN: 77-0071852

Visit Web Site

Board Leadership

Fahad Ahmad
Chair

CEO

Solomé Lemma
Executive Director

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