Thrival Academy Indy Inc
- Assets
- $181.8k
- Revenue
- $777.5k
- Investments
- $0.0
- Employees
- 11
- Location
- Indianapolis, IN
- Founding
- 10/2018
- Data as of
- 06/2021
- EIN
- 82-2413891
Organization Overview
Thrival Academy Indy Inc, operating under the name Thrival Indy Academy, is located in Indianapolis, IN. The organization was established in 2018. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Thrival Indy Academy employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thrival Indy Academy 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 06/2021, Thrival Indy Academy generated $777.5k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $689.0k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THRIVAL INDY ACADEMY IS A HUMANITIES-FOCUSED HIGH SCHOOL WHICH EXPOSES STUDENTS TO DIVERSE GLOBAL PERSPECTIVES THROUGH EXPERIENTIAL LEARNING AND IDENTITY EXPLORATION IN ORDER TO INCUBATE EDUCATED GLOBAL CITIZENS AND PASSIONATE COMMUNITY LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THRIVAL ACADEMY INDY IS AN INDIANAPOLIS PUBLIC SCHOOL (IPS) INNOVATION NETWORK SCHOOL OFFERING STUDY ABROAD PROGRAMS AT NO COSTS TO STUDENTS OR FAMILIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
India Hui Executive Director | Officer | 60 | $92,708 |
Julius Mansa Chair | Trustee | 2 | $0 |
Drew Catt Board Director | Trustee | 2 | $0 |
Blair Hartman Treasurer | Trustee | 2 | $0 |
Roya Porter Board Director | Trustee | 1 | $0 |
Craig Meister Board Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $734,997 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,526 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $738,523 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| 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 | $777,487 |
| 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. | $110,259 |
| Compensation of current officers, directors, key employees. | $52,828 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $369,159 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $62,995 |
| Payroll taxes | $38,441 |
| 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 | $26,794 |
| Advertising and promotion | $29,263 |
| Office expenses | $11,111 |
| Information technology | $7,317 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,017 |
| All other expenses | $0 |
| Total functional expenses | $688,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $162,322 |
| Savings and temporary cash investments | $15,925 |
| Pledges and grants receivable | $0 |
| 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 | $3,521 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $181,768 |
| Accounts payable and accrued expenses | $0 |
| 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 | $60,590 |
| Other liabilities | $0 |
| Total liabilities | $60,590 |
| Net assets without donor restrictions | $121,178 |
| Net assets with donor restrictions | $0 |
| 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 | $181,768 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Thrival Academy Indy Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: The Peace Project | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lawndale Educational And Regional Network Charter School Chicago, IL | $67,406,179 | $92,698,092 |
Kipp Chicago Schools Chicago, IL | $13,709,561 | $40,280,655 |
Phalen Leadership Academy-Indiana Inc Indianapolis, IN | $19,837,313 | $31,079,119 |
Carmen High School Of Science And Technology Inc Milwaukee, WI | $26,487,634 | $24,006,774 |
Kipp Indianapolis Inc Indianapolis, IN | $19,111,079 | $22,227,841 |
Frontier Schools Inc Kansas City, MO | $35,530,269 | $28,374,845 |
Intrinsic Schools Chicago, IL | $39,836,849 | $21,177,530 |
Guadalupe Educational Systems Inc Kansas City, MO | $13,472,707 | $27,548,134 |
Seeds Of Health Milwaukee, WI | $21,433,274 | $18,248,715 |
Ewing Marion Kauffman School Inc Kansas City, MO | $12,328,924 | $22,686,630 |
Hmong American Peace Academy Ltd Milwaukee, WI | $62,055,663 | $22,180,285 |
Crossroads Charter Schools Kansas City, MO | $14,061,355 | $16,288,564 |