Sioux Falls Thrive Inc
- Assets
- $333.4k
- Revenue
- $307.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Sioux Falls, SD
- Founding
- 08/2017
- Data as of
- 09/2022
- EIN
- 81-4491870
Organization Overview
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 09/2022, Sioux Falls Thrive Inc employed 3 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 09/2022, Sioux Falls Thrive Inc generated $307.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $344.4k during the year ending 09/2022. While expenses have increased by 11.1% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
USING A COLLECTIVE IMPACT MODEL, SIOUX FALLS THRIVE FACILITATES COMMUNITY COLLABORATION TO REALIGN EXISTING RESOURCES, REMOVE OBSTACLES TO STUDENT SUCCESS, AND FOSTER OPPORTUNITY FOR ALL CHILDREN, FROM CRADLE TO CAREER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTION TEAMS. THRIVE PROVIDED 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, ACTION TEAMS FOSTERED SUB-COMMITTEES (CALLED TASK TEAMS OR COMMUNITY COLLABORATIVES) FOCUSING ON THE CHILDCARE CRISIS, A NEW YOUTH DEVELOPMENT COLLABORATIVE, AND NEIGHBORHOOD SAFETY FOR THE KID LINK TERRY REDLIN INITIATIVE.
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 BENEFIT 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 INCLUDE (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 INCLUDE FUN, EDUCATIONAL ACTIVITIES HOSTED BY PARENTS, TEACHERS, NEIGHBORS & OTHER COMMUNITY VOLUNTEERS. IN THE LBA NEIGHBORHOOD, OUTCOMES INCLUDE IMPROVED ACCESS TO CHARITABLE FOOD THROUGH WEEKLY HOT MEAL SERVICE & FOOD GIVEAWAYS SUPPORTED BY VOLUNTEERS.
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Erpenbach President | Trustee | 40 | $0 |
William Baker Treasurer | OfficerTrustee | 2 | $0 |
Beth Fuller Jensen Secretary | OfficerTrustee | 2 | $0 |
Deb Koski Chairman | OfficerTrustee | 2 | $0 |
Pooja Pullman Director | OfficerTrustee | 2 | $0 |
Doug Hajek Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $307,293 |
| Noncash contributions included in lines 1a–1f | $46,864 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $307,293 |
| 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 | $307,293 |
| 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. | $101,465 |
| Compensation of current officers, directors, key employees. | $30,440 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,918 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,943 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,935 |
| Fees for services: Accounting | $15,062 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $119,795 |
| Advertising and promotion | $6,797 |
| Office expenses | $6,836 |
| Information technology | $3,476 |
| Royalties | $0 |
| Occupancy | $4,280 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,079 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,359 |
| All other expenses | $0 |
| Total functional expenses | $344,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,878 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $51,623 |
| 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 | $798 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $189,146 |
| Total assets | $333,445 |
| Accounts payable and accrued expenses | $4,284 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,284 |
| Net assets without donor restrictions | $135,015 |
| Net assets with donor restrictions | $194,146 |
| 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 | $333,445 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sioux Falls Thrive Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Sioux Empire United Way Inc Sioux Falls, SD PURPOSE: COMMUNITY IMPACT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
Metropolitan Family Services Merrionette Park, IL | $119,356,740 | $95,446,879 |
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL | $230,540,547 | $144,736,724 |
Wesley Retirement Services Inc Johnston, IA | $293,962,808 | $95,958,203 |
Misericordia Home Chicago, IL | $953,257,404 | $136,708,430 |
Presbyterian Homes Skokie, IL | $460,360,428 | $88,918,255 |
John Knox Village Lees Summit, MO | $177,748,432 | $73,269,206 |
Agrace Hospicecare Incorporated Fitchburg, WI | $127,559,308 | $81,380,739 |
Great Circle St James, MO | $68,390,614 | $85,036,631 |
Lifeworks Services Inc Eagan, MN | $42,159,643 | $81,745,859 |
Goodwill Industries Of North Central Wisc Inc Menasha, WI | $88,771,633 | $81,283,932 |
Residential Alternatives Of Illinois Inc Galesburg, IL | $80,007,237 | $73,925,677 |