Form 990 for tax year 2024
Filed by THRIVE IN JOY NICK FAGNANO FOUNDATION.
Totals
- Total revenue
- $388,522
- Total expenses
- $364,552
- Contributions and grants received
- $385,990
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $2,532
- Other revenue
- $0
- Total assets, end of year
- $202,067
- Total liabilities, end of year
- $15,456
- Net assets or fund balances, end of year
- $186,611
- Program services expenses (Part IX)
- $215,669
- Management and general expenses
- $24,657
- Fundraising expenses
- $124,226
- Program service expenses (Part III)
- $215,669
Program services were 59.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$13,526
-
1f · All other contributions, gifts and grants
$372,464
-
3 · Investment income
total $2,532 · excluded $2,532
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $78,630 · program services $32,448 · management and general $9,315 · fundraising $36,867
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $26,526 · program services $26,526
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $1,634 · program services $1,408 · fundraising $226
-
10 · Payroll taxes
total $8,683 · program services $7,359 · fundraising $1,324
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $916 · program services $916
-
11c · Fees: accounting
total $12,600 · program services $12,600
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $40,571 · program services $10,896 · fundraising $29,675
-
12 · Advertising and promotion
total $2,834 · program services $2,172 · fundraising $662
-
13 · Office expenses
total $1,404 · program services $1,404
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $3,258 · program services $585 · fundraising $2,673
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $2,542 · program services $2,542
-
24a · Other expenses: PROGRAM EXPENSES
total $95,504 · program services $92,628 · fundraising $2,876
-
24b · Other expenses: IN KIND EXPENSES
total $58,049 · program services $7,625 · management and general $15,342 · fundraising $35,082
-
24c · Other expenses: EVENTS
total $15,616 · program services $3,590 · fundraising $12,026
-
24d · Other expenses: RENT
total $6,720 · program services $6,469 · fundraising $251
-
24e · All other expenses
total $9,065 · program services $6,501 · fundraising $2,564
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $9,279 · end of year $8,193
-
2 · Savings and temporary cash investments
beginning of year $99,067 · end of year $177,092
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $1,525 · end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,933 · end of year $2,024
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $14,133 · end of year $14,758
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $10,296 · end of year $15,456
-
27 · Net assets without donor restrictions
beginning of year $103,677 · end of year $127,646
-
28 · Net assets with donor restrictions
beginning of year $11,964 · end of year $58,965
Mission and programs · 2024
Mission
AT THRIVE IN JOY, WE ENCOURAGE YOUNG PEOPLE TO DISCOVER THEIR CHARACTER STRENGTHS AND THE JOY OF SERVICE INSPIRED BY THE LEGACY OF NICK FAGNANO. OUR MISSION HONORS NICK, WHO LOST HIS LIFE IN 2014 WHEN A RARE AND UNEXPECTED LIGHTNING STRIKE OCCURRED ON VENICE BEACH, CA.
-
THRIVE IN JOY'S ON-CAMPUS C11 STRENGTH OF CHARACTER PROGRAM IS SPECIFICALLY DESIGNED FOR HIGH SCHOOLS IN LOW-INCOME COMMUNITIES. THROUGH THE STUDENT-LED CLUB THRIVE IN JOY, C11 ENCOURAGES TEENS TO EXPLORE AND APPLY THEIR CHARACTER STRENGTHS, IDENTIFIED THROUGH THE VALUES IN ACTION SURVEY AND CLUB ACTIVITIES, TO CREATE ENTREPRENEURIAL SOCIAL IMPACT PROJECTS THAT ADDRESS URGENT NEEDS IN THEIR COMMUNITIES. ADDITIONALLY, WE ORGANIZE VOLUNTEER TRIPS TO THE DOMINICAN REPUBLIC THREE TIMES A YEAR, AIMING TO ENHANCE THE QUALITY OF LIFE FOR VULNERABLE CHILDREN AND THEIR FAMILIES. THESE TRIPS ARE TAILORED TO DIFFERENT GROUPS: COLLEGE STUDENTS FROM USC IN MARCH, HIGH SCHOOL STUDENTS IN JUNE, AND A TRIP IN OCTOBER OPEN TO ALL VOLUNTEERS
Expenses $215,669 · Revenue $385,990
As filed on the 2024 return.
Listed in Part VII
-
Mary FagnanoMARY FAGNANO
Executive Dir.
- Total calculated
- $54,000
- From this org
- $54,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 15
-
Elizabeth RojasELIZABETH ROJAS
Director
- Total calculated
- $24,630
- From this org
- $24,630
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Jay FagnanoJAY FAGNANO
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Joe LabrieJOE LABRIE
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kim KerscherKIM KERSCHER
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Kris WilliamsKRIS WILLIAMS
Secretary
- Total calculated
- $0
- Hours/week
- 1.25
-
Mary HawleyMARY HAWLEY
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Josue NajeraJOSUE NAJERA
Director
- Total calculated
- $0
- Hours/week
- 2.25
-
Sarah BatizySARAH BATIZY
Director
- Total calculated
- $0
- Hours/week
- 3
-
Amy GodinezAMY GODINEZ
Director
- Total calculated
- $0
- Hours/week
- 1
-
Scott HagizadeganSCOTT HAGIZADEGAN
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Joye SwanJOYE SWAN
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202501359349316650
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