Sioux Falls Thrive Inc is located in Sioux Falls, SD. The organization was established in 2017. According to its NTEE Classification (P05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Human Services and related organizations. As of 09/2023, Sioux Falls Thrive Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sioux Falls Thrive Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2023, Sioux Falls Thrive Inc generated $522.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $497.9k during the year ending 09/2023. While expenses have increased by 18.7% per year over the past 4 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
SIOUX FALLS THRIVE WAS CREATED AS THE COMMUNITY CRADLE-TO-CAREER WORKFORCE DEVELOPMENT INITIATIVE IN 2017 BY A GROUP OF LOCAL LEADERS. TODAY, THRIVE IS IDENTIFIED AS A PROVEN COLLABORATOR IN FINDING SUSTAINABLE SOLUTIONS THAT ENSURE SIOUX FALLS CHILDREN SUCCEED. AS A VOLUNTEER-BASED ORGANIZATION, THRIVE HARNESSES THE POWER OF COLLECTIVE IMPACT BY BRINGING EXISTING COMMUNITY RESOURCES TOGETHER TO WORK COLLABORATIVELY. THE GOAL IS TO KICKSTART ACTION-BASED SOLUTIONS TO THE ISSUES THAT INHIBIT STUDENT SUCCESS, PARTICULARLY IN THE AREAS OF FOOD SECURITY, AFFORDABLE HOUSING AND OUT-OF-SCHOOL TIME. THRIVE FACILITATES THE WORK OF COLLABORATIVE TEAMS AND ENCOURAGES THESE COMMUNITY LEADERS TO THINK INNOVATIVELY TO SOLVE THE ISSUES THAT THEY ARE SO PASSIONATE ABOUT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KID LINK INITIATIVE - IN FY2022, THIS INITIATIVE EXPANDED TO A LARGER ROLE AS A PROTOTYPE FOR NEW PROGRAMMING BEING DEVELOPED IN THE SIOUX FALLS SCHOOL DISTRICT. ATTENDANCE AREAS AROUND LAURA B. ANDERSON AND TERRY REDLIN ELEMENTARY SCHOOLS BENEFITED FROM THE ENGAGEMENT OF COMMUNITY MEMBERS IN REALIGNING GOVERNMENT, NONPROFIT, FAITH-BASED & SOCIAL SERVICES TO BETTER SUPPORT STUDENTS & FAMILIES IN UNDERSERVED NEIGHBORHOODS. KID LINK OUTCOMES INCLUDED (1) USING SCHOLARSHIPS TO EXPAND ACCESS TO AFTER-SCHOOL CARE & TRANSPORTATION (2) BUILDING TRUSTING RELATIONSHIPS WITH FAMILIES THROUGH WEEKLY ACTIVITIES (3) ESTABLISHING A COMMUNICATIONS SYSTEM AMONG FAMILIES (4) EMPOWERING NEIGHBORS TO UNDERSTAND HOW THEY CAN IMPACT STUDENT SUCCESS. WEEKLY FAMILY EVENTS INCLUDED FUN, EDUCATIONAL ACTIVITIES HOSTED BY PARENTS, TEACHERS, NEIGHBORS & OTHER COMMUNITY VOLUNTEERS. WITH THRIVE ENCOURAGEMENT, THE SCHOOL DISTRICT ADOPTED KID LINK INTO ITS COMMUNITY LEARNING CENTERS FOR AFTERSCHOOL PROGRAMMING IN ALL 23 ELEMENTARY SCHOOLS AT THE BEGINNING OF THE 2023-24 SCHOOL YEAR.
THRIVE PROVIDES TECHNICAL SUPPORT & SOLUTION-FINDING FACILITATION TO COLLABORATIVE GROUPS WORKING IN THREE SPECIFIC AREAS OF NEED: AFFORDABLE HOUSING, OUT-OF-SCHOOL TIME, & FOOD SECURITY. IN ADDITION, SUB-COMMITTEES (DUBBED TASK TEAMS OR COMMUNITY COLLABORATIVES) HAVE AUGMENTED THE OVERALL STRATEGY WITH SPECIFIC WORK THIS YEAR: (1) LOCAL CHILDCARE CRISIS SOLUTION-FINDING INCLUDING A COMMUNITY WIDE REPORT THAT HIGHLIGHTED MORE THAN 30 POTENTIAL ACTION PLANS; (2) YOUTH DEVELOPMENT COLLABORATIVE WORK TO DEVELOP AN ONLINE HUB THAT WILL PROVIDE IMPROVED ACCESS TO ACTIVITIES AND LEARNING OPPORTUNITIES PARTICULARLY FOR STUDENTS IN 6TH-12TH GRADES WHO ARE DISCONNECTED FROM SCHOOL, FAMILY AND COMMUNITY; (3) SUPPORTING THE RESEARCH, DRAFTING AND ADVOCACY OF HOUSING ACTION TEAM VOLUNTEERS IN THEIR PURSUIT OF A CITY HOUSING TRUST FUND TO PROVIDE SUSTAINABLE FUNDING FOR THE CONSTRUCTION AND/OR RENOVATION OF AFFORDABLE HOUSING, PARTICULARLY FOR FAMILIES IN THE 30-40% AMI RANGE; AND (4) EMPHASIZING THE GROWING BOUNDARIES OF FOOD DESERTS IN THE COMMUNITY AND PILOTING THE FIRST MOBILE MARKET IN THE STATE OF SOUTH DAKOTA IN AN EFFORT TO PROVIDE IMPROVED ACCESS TO AFFORDABLE GROCERIES IN THE MOST VULNERABLE NEIGHBORHOODS.
OTHER PROGRAM EXPENSES REPRESENT CONSULTING WITH ALLIED COLLABORATIVE GROUPS IN SIOUX FALLS & AROUND THE STATE, PUBLIC EDUCATION, COMMUNICATIONS, CAPACITY BUILDING, STRATEGIC RELATIONSHIP MANAGEMENT, & THE TECHNOLOGY & OCCUPANCY COSTS NECESSARY TO SUPPORT PROGRAM SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michelle Erpenbach Executive Director | 40 | $104,790 | |
Lisa Beacom Director | Trustee | 2 | $0 |
Beth Fuller Jensen Chairman | OfficerTrustee | 2 | $0 |
Deb Koski Director | OfficerTrustee | 2 | $0 |
Evan Nolte Director | Trustee | 2 | $0 |
Mary Dally Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $151,732 |
All other contributions, gifts, grants, and similar amounts not included above | $364,316 |
Noncash contributions included in lines 1a–1f | $525 |
Total Revenue from Contributions, Gifts, Grants & Similar | $516,048 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $522,080 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $114,785 |
Compensation of current officers, directors, key employees. | $34,435 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $150,880 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $7,958 |
Payroll taxes | $20,962 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,426 |
Fees for services: Accounting | $24,110 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $118,811 |
Advertising and promotion | $7,003 |
Office expenses | $9,908 |
Information technology | $7,450 |
Royalties | $0 |
Occupancy | $4,822 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,963 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,654 |
All other expenses | $0 |
Total functional expenses | $497,915 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $63,480 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $75,585 |
Accounts receivable, net | $0 |
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 | $4,300 |
Net Land, buildings, and equipment | $202,800 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $144,644 |
Total assets | $490,809 |
Accounts payable and accrued expenses | $32,483 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $105,000 |
Other liabilities | $0 |
Total liabilities | $137,483 |
Net assets without donor restrictions | $203,682 |
Net assets with donor restrictions | $149,644 |
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 | $490,809 |