Thrive Network
- Assets
- $143.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 38-4068622
Organization Overview
Thrive Network is located in Colorado Springs, CO. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thrive Network 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, Thrive Network generated $138.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $140.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WEEKLY CLASS INSTRUCTION ON BUSINESS CREATION, INCUBATION, AND ACCELERATION, INDIVIDUALIZED BUSINESS COACHING, BUSINESS CONSULTATION SERVICES, ENTREPRENEURIAL MENTORING PROGRAM, ENTREPRENEURIAL NETWORKING PROGRAM,COMMUNITY-BASED MARKETING EVENTS FOR LOCAL BUSINESS GROWTH, AND ONGOING BUSINESS SUPPORT SERVICES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blessing Yemi Mobolade Executive Dir. | 40 | $0 | |
Felicia Barbera Chairman | 5 | $0 | |
Terry Zarsky Secretary | 5 | $0 | |
Jariah Walker Board Member | 5 | $0 | |
Cory Arcarese Board Member | 5 | $0 | |
Greg Sheldon Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,536 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $138,536 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $86,794 |
| Professional fees and other payments to independent contractors | $13,040 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,897 |
| Total expenses | $140,731 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $143,037 |
| Other assets | $0 |
| Total assets | $143,037 |
| Total liabilities | $13,325 |
| Net assets or fund balances | $129,712 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Thrive Network has recieved totaling $105,000.
| Awarding Organization | Amount |
|---|---|
Denver Foundation Denver, CO PURPOSE: TRANSFORMING SAFETY GRANT PROGRAM PRIORITIES | $95,000 |
Colorado Springs Health Foundation Colorado Springs, CO | | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Classical Academy Colorado Springs, CO | $97,154,437 | $39,391,484 |
Spectrum Healthcare Group Inc Cottonwood, AZ | $17,862,058 | $29,292,227 |
Heritage Hall Oklahoma City, OK | $29,893,924 | $20,863,460 |
United States Deputy Sheriffs Association Inc Wichita, KS | $2,971,599 | $19,654,227 |
Arizona Agribusiness & Equine Center Phoenix, AZ | $41,363,992 | $18,352,142 |
Northwest Christian School Phoenix, AZ | $14,587,608 | $15,711,697 |
Fit Kids Inc Scottsdale, AZ | $27,357,951 | $13,904,484 |
Community Action Partnership Of Mid-Nebraska Kearney, NE | $10,567,482 | $13,526,656 |
Center For Academic Success Sierra Vista, AZ | $18,278,347 | $12,993,576 |
Oklahoma Connections Academy Inc Bartlesville, OK | $2,156,539 | $12,078,246 |
Denver Scholarship Foundation Denver, CO | $33,817,323 | $13,999,484 |
Mccalls Chapel School Inc Ada, OK | $9,915,625 | $11,707,804 |