Form 990 for tax year 2022

Totals

Total revenue

$1,993,966

Total expenses

$958,663

Contributions and grants received

$1,992,408

Grants paid

$0

Program service revenue

$0

Investment income

$0

Other revenue

$1,558

Total assets, end of year

$2,014,228

Total liabilities, end of year

$419,601

Net assets or fund balances, end of year

$1,594,627

Program services expenses (Part IX)

$586,629

Management and general expenses

$104,099

Fundraising expenses

$267,935

Program service expenses (Part III)

$586,629

Program services were 61.2% 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.

Mission and programs · 2022

• Beyond the Walls:This past year, Thrive For Life undertook major renovations of a new site for our Ignacio House of Studies program. Thanks to the generosity of His Eminence, Timothy Cardinal Dolan, Thrive For Life moved into a new space in East Harlem that is maximally conducive to building strong bonds of community for our returning brothers continuing the good work of college education. Thanks to the support of several generous benefactors, Thrive For Life commenced much-needed renovations and repairs to the 100+ year old structure that allowed us to transform the space into a home for our resident scholars. Such improvements included a completely new kitchen, dining room, living space, chapel, and bedrooms to serve up to 15 residents as they continue their studies. Additionally, we continue to make strides in Milwaukee, WI where we endeavor to open our doors to a new cohort of scholars as early as June 2024.

  Expenses $507,772

• Behind the Walls:Over the course of the last fiscal year, Thrive For Life has continued to forge faith community partnerships to support our retreat programming behind the prison walls throughout New York State. Each week, Fr. Zach and trained mentors visit one of six different correctional facilities to offer classical, meditative resources for an examined life to our incarcerated brothers and sisters with the help of various parishes who provide supplies and mentors to assist in this endeavor. We continue to forge close relationships with well over 50+ parishes throughout the Archdiocese of New York and the Diocese of Brooklyn, each of whom are committed to our mission to transform lives. We have leveraged these relationships to extend our retreat programming, as well, to families impacted by incarceration where we once again held our Day of Prayer for Our Incarcerated Brothers and Sisters in Corona, Queens at Our Lady of Sorrows Church.

  Expenses $78,857

As filed on the 2022 return.

Listed in Part VII

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

2022

Filed

26 January 2024

IRS schema version

2022v5.0

Source object

202400309349301890

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