Drive To Thrive Corporation
- Assets
- $70.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery Village, MD
- Founding
- Data as of
- 12/2022
- EIN
- 84-4030982
Organization Overview
Drive To Thrive Corporation is located in Montgomery Village, MD. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Drive To Thrive Corporation 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, Drive To Thrive Corporation generated $62.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (27.6%) each year. All expenses for the organization totaled $17.9k during the year ending 12/2022. 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
TO PROVIDE MODERN EDUCATION TO CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Baqar Naqvi Director | 10 | $0 | |
Tehseen Naqvi Director | 5 | $0 | |
Ilyas Zaidi Director | 1 | $0 | |
Tariq Khan Director | 1 | $0 | |
Imran Khas Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,257 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,257 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,493 |
| Total expenses | $17,911 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,897 |
| Other assets | $0 |
| Total assets | $70,897 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,897 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Drive To Thrive Corporation has recieved totaling $7,671.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,671 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fredericksburg Academy Fredericksburg, VA | $16,548,090 | $10,152,012 |
Caravel Academy Inc Bear, DE | $15,134,520 | $11,726,062 |
Mathematics Civic & Sciences Charter School Of Philadelphia Inc Philadelphia, PA | $10,694,323 | $13,238,093 |
American Cooperative School Of Tunis Acst Association Seaford, DE | $24,162,067 | $10,809,438 |
Norfolk Christian Schools Norfolk, VA | $5,183,829 | $10,608,860 |
The Gesu School Inc Philadelphia, PA | $39,919,489 | $10,953,464 |
Universal Institute Charter School Philadelphia, PA | $3,423,551 | $10,521,421 |
St Johns Community Services Washington, DC | $8,809,464 | $3,028,058 |
Universal Creighton Charter School Philadelphia, PA | $7,031,660 | $11,882,466 |
Roberto Clemente Charter School Inc Allentown, PA | $8,062,358 | $9,252,989 |
Baltimore International Academy Inc Baltimore, MD | $2,786,381 | $9,080,666 |
The Next Step Public Charter School Washington, DC | $17,496,512 | $10,453,807 |