Thrive Youth Center Inc
- Assets
- $363.0k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 29
- Location
- San Antonio, TX
- Founding
- 02/2015
- Data as of
- 08/2023
- EIN
- 47-1528452
Organization Overview
Thrive Youth Center Inc is located in San Antonio, TX. The organization was established in 2015. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 08/2023, Thrive Youth Center Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thrive Youth Center Inc 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 08/2023, Thrive Youth Center Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 38.9% each year . All expenses for the organization totaled $2.0m during the year ending 08/2023. While expenses have increased by 38.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE A SAFE AND SUPPORTIVE CENTER FOR HOMELESS LGBTQ YOUTH SO THEY MAY BECOME PRODUCTIVE, SKILLED, EDUCATED, AND SUCCESSFUL ADULTS WITH THE ABILITY, OPPORTUNITY, AND POSSIBILITY OF ACHIEVING THEIR DREAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THRIVE WAS ESTABLISHED AS A 501(C)(3) ORGANIZATION IN FEBRUARY 2015, AT A TIME WHEN NO LGBTQ+ SPECIFIC HOMELESS SHELTER EXISTED IN TEXAS. OUR MISSION IS TO PROVIDE A SAFE, SUPPORTIVE PLACE WHERE LGBTQ+ YOUTH CAN HEAL FROM THE TRAUMA OF HOMELESSNESS, BE AFFIRMED IN THEIR IDENTITY, AND BE WELCOMED INTO THE LGBTQ+ COMMUNITY. WE WORK TO SUPPORT OUR YOUNG ADULTS EXPERIENCING HOMELESSNESS AT ALL POINTS IN THEIR JOURNEY. FOR THIS REASON, WE WORK WITH UNSHELTERED YOUTH VIA OUR STREET OUTREACH TEAM TO OFFER RESOURCES, MAKE CONNECTIONS, AND INVITE YOUTH TO SHELTER. OUR EMERGENCY SHELTER SUPPORTS YOUTH FOR UP TO SIX MONTHS AS THEY WORK TO FIND STABILITY AND MOVE TOWARDS INDEPENDENCE. WE ALSO WORK WITH ELIGIBLE 18-24 YEAR OLDS IN OUR RAPID RE-HOUSING PROGRAM, SUPPORTING 45 YOUTH A YEAR IN THEIR OWN APARTMENTS. WHILE THE PRIMARY GOAL OF ALL OF OUR PROGRAMS IS TO PROVIDE SAFE AND SUPPORTIVE HOUSING, WE ALSO WORK TO SUPPORT OUR YOUTH HOLISTICALLY. ENROLLED YOUTH RECEIVE CASE MANAGEMENT, LIFE SKILLS, EDUCATION AND EMPLOYMENT SUPPORT, BENEFITS COUNSELING, TRANSITION-RELATED SUPPORT, AND NO-COST PSYCHIATRIC AND THERAPEUTIC SERVICES. OVER 85% OF OUR CLIENTS EXIT OUR SERVICES WITH SAFE AND SECURE HOUSING, AND APPROXIMATELY 70% OF OUR YOUNG ADULTS INCREASE THEIR EARNINGS WHILE ENROLLED IN OUR PROGRAM. WE HAVE SUPPORTED OVER 600 YOUNG PEOPLE IN THEIR JOURNEY OUT OF HOMELESSNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Callie Hoch Director | Trustee | 1 | $0 |
Susan Maccabe Director | Trustee | 1 | $0 |
Janet Ekezie Director | Trustee | 1 | $0 |
Paul Villaflor Director | Trustee | 1 | $0 |
Shannon White Director | Trustee | 1 | $0 |
Stefanie Gaines President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $27,420 |
| Related organizations | $0 |
| Government grants | $1,625,136 |
| All other contributions, gifts, grants, and similar amounts not included above | $434,584 |
| Noncash contributions included in lines 1a–1f | $35,073 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,087,140 |
| Total Program Service Revenue | $0 |
| Investment income | $339 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,157 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,094,636 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $627,071 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $96,602 |
| Compensation of current officers, directors, key employees. | $11,309 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,027,082 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,719 |
| Payroll taxes | $80,059 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,457 |
| Advertising and promotion | $0 |
| Office expenses | $4,613 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,925 |
| Travel | $8,246 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,966 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,421 |
| Insurance | $15,868 |
| All other expenses | $0 |
| Total functional expenses | $2,018,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,226 |
| Savings and temporary cash investments | $52,405 |
| Pledges and grants receivable | $132,105 |
| Accounts receivable, net | $2,000 |
| 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 | $5,442 |
| Net Land, buildings, and equipment | $57,833 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $363,011 |
| Accounts payable and accrued expenses | $17,222 |
| Grants payable | $0 |
| Deferred revenue | $47,325 |
| 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 | $64,547 |
| Net assets without donor restrictions | $209,781 |
| Net assets with donor restrictions | $88,683 |
| 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 | $363,011 |