Thriveworx Foundation Inc
- Assets
- $179.7k
- Revenue
- $560.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Roswell, GA
- Founding
- 05/2015
- Data as of
- 12/2022
- EIN
- 47-3294999
Organization Overview
Thriveworx Foundation Inc is located in Roswell, GA. The organization was established in 2015. According to its NTEE Classification (Q32) the organization is classified as: International Economic 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. Thriveworx Foundation 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 12/2022, Thriveworx Foundation Inc generated $560.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 59.8% each year . All expenses for the organization totaled $579.3k during the year ending 12/2022. While expenses have increased by 33.0% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRANSFORMATIONAL LEADERSHIP: 1,843 PEOPLE IMPACTED:CULTIVATING LOCAL LEADERS REMAINS THE MOST IMPORTANT STRATEGY IN OUR MARKET-DRIVEN, LOCALLY-LED COMMUNITY DEVELOPMENT APPROACH AS THE LOCAL LEADERS ARE THE ONLY ONES WHO CAN DRIVE AND SUSTAIN TRANSFORMATION. WE CONTINUED KEY PROGRAMS DESIGNED TO CULTIVATE LEADERS ACROSS COMMUNITIES, BUSINESSES, SCHOOLS, AND CHURCHES, WITH TWO PRIMARY EMPHASES:A.YOUTH LEADERSHIP ACCELERATOR: WE CONTINUED OUR YOUTH LEADERSHIP PROGRAMS AND WERE ABLE TO HOST IN-PERSON CAMPS AGAIN WHICH SERVED 1,607 PEOPLE. LEADER ACADEMY WAS ALSO A PROGRAM LAUNCHED IN 2 SCHOOLS IN 2022 WHICH PROVIDED LEADER DEVELOPMENT MATERIALS TO TEACHERS WHO THEN INCORPORATED IT INTO THEIR CLASSROOMS SERVING OVER 81. B.REDEMPTIVE LEADERS INITIATIVE: WE CONTINUED PROGRAMS TO INCREASE THE CAPACITY OF CHURCH LEADERS TO BETTER SERVE THEIR CHURCHES IN THE AREAS OF LEADERSHIP, FINANCIAL STEWARDSHIP, AND THEOLOGICAL EQUIPPING TOOLS. IN TOTAL, THIS INITIATIVE IS SERVING ROUGHLY 35 CHURCHES ACRO
COMMUNITY DEVELOPMENT: 7,837 PEIOPLE IMPACTED: IN 2022, WE CONTINUED BACKING COMMUNITY DEVELOPMENT PROGRAMS IN 33 COMMUNITIES ACROSS COSTA RICA AND GUATEMALA ACCELERATING LOCAL PRIORITIES IN THE AREAS OF HEALTH, EDUCATION, WATER/ENVIRONMENT, AND ECONOMIC DEVELOPMENT. A.INFRASTRUCTURE: WE CONTINUED INVESTING IN COMMUNITIES THROUGH A COMMUNITY LEAD PROGRAM CALLED BLESS YOUR COMMUNITY. COMMUNITY LEADERS WERE INVITED TO DESIGN AND IMPLEMENT PROGRAMS THAT WOULD SPUR ON FLOURISHING WITHIN THEIR COMMUNITIES. THESE PROJECTS, LEAD AND EXECUTED BY THE COMMUNITY AND CO-FUNDED BY THRIVEWORX, SERVED OVER 3,270 PEOPLE.B.CLEAN WATER: WE EXPANDED CLEAN WATER TO AN ADDITIONAL 700 HOUSEHOLDS EQUATING TO AN INCREASE OF 3,850 PEOPLE SERVED. THIS PROGRAM OFFSETS TONS OF CO2 WHILE INCREASING DISPOSABLE INCOMES OF MARGINALIZED HOUSEHOLDS IN FIREWOOD SAVINGS. WE WERE ALSO ABLE TO PROVIDE QUALITY SANITATION/CLEAN WATER EDUCATION TO COMMUNITIES THROUGHOUT GUATEMALA. C.EDUCATION: WE CONTINUED TO SUPPORT TEACHERS
INNOVATION/THOUGHT LEADERSHIP: INNOVATION IS ESSENTIAL TO IMPROVE THE SYSTEMS THAT PROMOTE FLOURISHING. WE CONTINUED INVESTING IN INNOVATION PARTNERSHIPS WITH PARTNERS WHO LEAD INNOVATION IN THEIR SPACE; CONTINUED OUR POVERTY INNOVATION FELLOWSHIP; CONTINUED GUIDED STAFF READING; CULTIVATED PARTNERSHIPS WITH ACADEMIC INSTITUTIONS AND OTHER THOUGHT LEADERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Jones Chairman | 1 | $0 | |
Kenneth Lander Treasurer | 1 | $0 | |
Michael Mannina President | 18 | $79,500 | |
Jay Hein Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $560,608 |
| Interest on Savings | $46 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $560,654 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $79,500 |
| Other employee salaries and wages | $54,000 |
| Pension plans, employee benefits | $20,207 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $1,200 |
| Travel, conferences, and meetings | $129,566 |
| Printing and publications | $0 |
| Other expenses | $293,020 |
| Total operating and administrative expenses | $579,341 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $579,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,844 |
| Savings and temporary cash investments | $121,629 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $183 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $179,656 |
| Accounts payable and accrued expenses | $489 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $146 |
| Total liabilities | $635 |