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Nonprofiteer
← THRIVEFUNDS INCORPORATED

Form 990 for tax year 2024

Filed by THRIVEFUNDS INCORPORATED.

Totals

Total revenue
$279,568
Total expenses
$266,641
Contributions and grants received
$278,887
Grants paid
$2,524
Program service revenue
$0
Investment income
$0
Other revenue
$681
Total assets, end of year
$50,095
Total liabilities, end of year
$12,227
Net assets or fund balances, end of year
$37,868
Program services expenses (Part IX)
$180,890
Management and general expenses
$60,352
Fundraising expenses
$25,399
Program service expenses (Part III)
$180,890

Program services were 67.8% 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

    $278,887

  • 11a · Other revenue: Other Income

    total $681 · excluded $681

  • 11e · Other revenue, total

    $681

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,524 · program services $2,524

  • 11a · Fees: management

    total $158,125 · program services $158,125

  • 11c · Fees: accounting

    total $4,625 · management and general $4,625

  • 11g · Fees: other

    total $7,995 · management and general $7,995

  • 13 · Office expenses

    total $29,617 · management and general $29,617

  • 14 · Information technology

    total $2,881 · management and general $2,881

  • 16 · Occupancy

    total $300 · management and general $300

  • 17 · Travel

    total $11,118 · management and general $11,118

  • 20 · Interest

    total $463 · management and general $463

  • 24a · Other expenses: Fundraising,Developemen

    total $25,399 · fundraising $25,399

  • 24b · Other expenses: Client Needs

    total $12,241 · program services $12,241

  • 24c · Other expenses: Education Training

    total $8,000 · program services $8,000

  • 24d · Other expenses: Dues and Subscription

    total $2,355 · management and general $2,355

  • 24e · All other expenses

    total $998 · management and general $998

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $29,428 · end of year $42,595

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $7,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,487 · end of year $12,227

  • 27 · Net assets without donor restrictions

    beginning of year $24,941 · end of year $37,868

Mission and programs · 2024

Mission

Investing in the infrastructure of Americas working families to increase opportunity and economic mobility for all.

  • Thrivefunds established relationships with four community center partners in two major cities, Indianapolis and Boston. 73 families were provided resources to help on their path towards financial stability. Staff hosted a fundraising event in the Indianapolis community to develop the donor relationship and provide community recognition for Thrivefunds.

    Expenses $180,890 · Grants $2,524

As filed on the 2024 return.

Listed in Part VII

  • Gisele Garraway

    President/Founder

    Total calculated
    $0
    Hours/week
    30
  • James Collins

    Board Member

    Total calculated
    $0
    Hours/week
    5
  • Steve Gillman

    Board Member

    Total calculated
    $0
    Hours/week
    5
  • Calvin Goah

    Board Member

    Total calculated
    $0
    Hours/week
    5
  • Shaun Greene

    Board Member

    Total calculated
    $0
    Hours/week
    5
  • Carl Horton

    Board Member

    Total calculated
    $0
    Hours/week
    5
  • Tracey Jackson

    Board Secretary

    Total calculated
    $0
    Hours/week
    5
  • Jennifer Kean

    Board Member

    Total calculated
    $0
    Hours/week
    5
  • Jacob Mizrahi

    Treasurer

    Total calculated
    $0
    Hours/week
    5
  • Marlo Underwood Collins

    Board Vice Chair

    Total calculated
    $0
    Hours/week
    5
  • Ed Woo

    Board Member

    Total calculated
    $0
    Hours/week
    5
  • Yashire Zwisler

    Board Member

    Total calculated
    $0
    Hours/week
    5

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
12 November 2025
IRS schema version
2024v5.2
Source object
202503219349307340

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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