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Nonprofiteer
← THRIVE TEACHING INC

Form 990 for tax year 2022

Filed by THRIVE TEACHING INC.

Totals

Total revenue
$454,004
Total expenses
$469,137
Contributions and grants received
$453,600
Grants paid
$309,558
Program service revenue
$0
Investment income
$0
Other revenue
$404
Total assets, end of year
$21,604
Total liabilities, end of year
$1,114
Net assets or fund balances, end of year
$20,490
Program services expenses (Part IX)
$326,531
Management and general expenses
$142,606
Fundraising expenses
$0
Program service expenses (Part III)
$326,531

Program services were 69.6% 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.

  • 1f · All other contributions, gifts and grants

    $453,600

  • 11a · Other revenue: OTHER INCOME

    total $404 · related or exempt $404

  • 11e · Other revenue, total

    $404

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $12,958 · program services $12,958

  • 3 · Grants to foreign organizations and individuals

    total $296,600 · program services $296,600

  • 7 · Other salaries and wages

    total $37,463 · management and general $37,463

  • 10 · Payroll taxes

    total $8,487 · management and general $8,487

  • 11c · Fees: accounting

    total $7,347 · management and general $7,347

  • 11g · Fees: other

    total $3,048 · management and general $3,048

  • 12 · Advertising and promotion

    total $5,389 · management and general $5,389

  • 13 · Office expenses

    total $592 · management and general $592

  • 14 · Information technology

    total $2,081 · management and general $2,081

  • 17 · Travel

    total $150 · management and general $150

  • 24a · Other expenses: OUTSIDE SERVICES

    total $76,750 · program services $0 · management and general $76,750

  • 24b · Other expenses: PRINTING AND PUBLICAITO

    total $16,973 · program services $16,973 · management and general $0

  • 24c · Other expenses: MARKETING

    total $1,280 · program services $0 · management and general $1,280

  • 24d · Other expenses: BANK SERVICE CHARGES

    total $19 · program services $0 · management and general $19

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $26,123 · end of year $12,354

  • 15 · Other assets

    beginning of year $9,500 · end of year $9,250

  • 25 · Other liabilities

    beginning of year $0 · end of year $1,114

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $35,623 · end of year $35,623

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year -$15,133

Mission and programs · 2022

Mission

TO PROVIDE CHARITABLE FUNDING TO CHRISTIAN CHURCHES.PROVIDE TOOLS TO HELP PASTORS, AND MINISTRY LEADERS, AS THEY HELP THEIR BUSINESSPEOPLE INCREASE THEIR SPHERE INFLUENCE WITHIN THEIR CALLING.

  • TO ASSIST THE CHURCH IN ITS DAY TO DAY OPERATIONS, AND IN HELPING THEM TO SPREAD THE TEACHING OF JESUS CHRIST IN DOMINICAN REPUBLIC.

    Expenses $296,600 · Grants $296,600

  • TO ASSIST THE CHURCH IN ITS DAY TO DAY OPERATIONS, AND IN HELPING THEM TO SPREAD THE TEACHING OF JESUS CHRIST THROUGH BOOKS AND OTHER PUBLICATIONS.

    Expenses $16,973

  • TO ASSIST THE CHURCH IN ITS DAY TO DAY OPERATIONS, AND IN HELPING THEM TO SPREAD THE TEACHING OF JESUS CHRIST IN OTHER STATES IN THE UNITED STATES.

    Expenses $12,958 · Grants $12,958

As filed on the 2022 return.

Listed in Part VII

  • Michael L Rovner

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10
  • Janet Rovner

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Charles Damato

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • Dan Walker

    TREASURER

    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

  • BOB HARRISON INTERNATIONAL

    $6,992

    FUND INTERNATIONAL CHRISTIAN MINISTRIES.

Provenance

Return type
form_990
Tax year
2022
Filed
8 November 2023
IRS schema version
2022v5.0
Source object
202333179349306733

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