Thrive School Network
- Assets
- $471.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 12/2016
- Data as of
- 06/2022
- EIN
- 81-4086748
Organization Overview
Thrive School Network, operating under the name The Shawn M Hurwitz Fellowship, is located in Houston, TX. The organization was established in 2016. 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. Shawn M Hurwitz Fellowship 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 06/2022, Shawn M Hurwitz Fellowship generated $182.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $79.4k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION, DOING BUSINESS AS THE HURWITZ FELLOWSHIP, WILL RECRUIT, SELECT, AND TRAIN THE CHILDREN FROM FIRST GENERATION EDUCATION REFORM SCHOOLS, ALONG WITH THEIR PEERS, WHO ARE PREPARED TO BE THE NEXT GENERATION SCHOOL LEADERS IN THEIR COMMUNITIES. THESE LEADERS WILL BE SCHOOL FOUNDERS, STARTING NEW SCHOOLS, AS WELL AS SCHOOL LEADERS, ASSUMING LEADERSHIP OF EXISTING SCHOOLS. THE HURWITZ FELLOWSHIP IS FLEXIBLE ON THE TYPE OF SCHOOL, AS LONG AS OUR FELLOWS ARE RETURNING TO THEIR COMMUNITIES TO HELP MORE CHILDREN LEARN AND GROW. THUS THE HURWITZ FELLOWSHIP WILL PAY IT - FORWARD TO HELP THE FIRST GENERATION OF EDUCATION REFORM KIDS BE SUCCESSFUL AS THEY LEAD SCHOOLS TO EXPAND THE MOVEMENT IN THEIR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Feinberg Chairman | 5 | $48,000 | |
Karol Musher Director | 1 | $0 | |
Peter Shaper Director | 1 | $0 | |
Debbie Hurwitz Secretary/treasurer | 1 | $0 | |
David Ducote Director | 1 | $0 | |
Marc Oster Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,744 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $213 |
| Total Revenue | $181,957 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,000 |
| Professional fees and other payments to independent contractors | $22,482 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,958 |
| Total expenses | $79,440 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $470,599 |
| Other assets | $0 |
| Total assets | $471,823 |
| Total liabilities | $105,698 |
| Net assets or fund balances | $366,125 |
Grants Awarded
Over the last fiscal year, Thrive School Network has awarded $152,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: TUITION SUPPORT | $116,000 |
New York, NY PURPOSE: TUITION SUPPORT | $36,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Thrive School Network has recieved totaling $16,100.
| Awarding Organization | Amount |
|---|---|
Brown Foundation Inc Houston, TX PURPOSE: SHAWN M. HURWITZ FELLOWSHIP OPERATING SUPPORT | $10,000 |
Greater Houston Community Foundation Houston, TX PURPOSE: EDUCATIONAL | $6,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Priority Systems Morgans Point Resort, TX | $7,897,888 | $10,026,336 |
Robotics Education And Competition Foundation Inc Greenville, TX | $3,564,646 | $10,348,184 |
Nova Charter School Dallas, TX | $10,485,443 | $9,145,221 |
Oklahoma State University Research Foundation Inc Stillwater, OK | $8,047,594 | $10,291,004 |
Academy Of Accelerated Learning Inc Houston, TX | $10,127,999 | $9,771,717 |
Joy Development School Houston, TX | $25,620,110 | $10,897,080 |
The Argyle San Antonio, TX | $5,513,932 | $8,298,187 |
40 Days For Life Bryan, TX | $11,994,693 | $10,374,379 |
School Of Excellence In Education San Antonio, TX | $13,458,498 | $7,205,477 |
Comp-U-Dopt Houston, TX | $5,810,646 | $9,069,323 |
Christian Schools Inc River Ridge, LA | $11,376,720 | $7,440,068 |
Children At Heart Foundation Round Rock, TX | $120,247,814 | $7,888,941 |