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Nonprofiteer
← STRIVE INTERNATIONAL INC

Form 990 for tax year 2023

Filed by STRIVE INTERNATIONAL INC.

Totals

Total revenue
$18,696,183
Total expenses
$12,522,812
Contributions and grants received
$18,425,067
Grants paid
$794,433
Program service revenue
$50,000
Investment income
$212,805
Other revenue
$8,311
Total assets, end of year
$17,161,290
Total liabilities, end of year
$7,614,630
Net assets or fund balances, end of year
$9,546,660
Program services expenses (Part IX)
$7,684,516
Management and general expenses
$4,068,321
Fundraising expenses
$769,975
Program service expenses (Part III)
$7,684,516

Program services were 61.4% 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

    $684,862

  • 1e · Government grants (contributions)

    $3,940,655

  • 1f · All other contributions, gifts and grants

    $13,799,550

  • 1g · Noncash contributions included above

    $51,358

  • 2a · Program service revenue: PROGRAM INCOME

    total $50,000 · related or exempt $50,000

  • 3 · Investment income

    total $212,805 · excluded $212,805

  • 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

  • 8a · Fundraising events: gross income

    $244,278

  • 8a · Fundraising events: contributions included on line 1c

    $684,862

  • 8b · Fundraising events: direct expenses

    $244,278

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: OTHER REVENUE

    total $8,311 · related or exempt $8,311

  • 11e · Other revenue, total

    $8,311

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $794,433 · program services $794,433

  • 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 $640,328 · program services $193,412 · management and general $446,916

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $4,793,007 · program services $3,737,555 · management and general $641,627 · fundraising $413,825

  • 8 · Pension plan contributions

    total $137,892 · program services $108,802 · management and general $15,198 · fundraising $13,892

  • 9 · Other employee benefits

    total $633,137 · program services $485,803 · management and general $86,395 · fundraising $60,939

  • 10 · Payroll taxes

    total $381,814 · program services $288,451 · management and general $57,547 · fundraising $35,816

  • 11a · Fees: management

    total $19,672 · management and general $19,672

  • 11b · Fees: legal

    total $41,334 · management and general $41,334

  • 11c · Fees: accounting

    total $40,600 · management and general $40,600

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $29,375 · fundraising $29,375

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $1,256,597 · program services $610,224 · management and general $500,448 · fundraising $145,925

  • 12 · Advertising and promotion

    total $31,110 · program services $5,491 · management and general $3,738 · fundraising $21,881

  • 13 · Office expenses

    total $43,811 · program services $24,452 · management and general $15,741 · fundraising $3,618

  • 14 · Information technology

    total $491,109 · program services $179,918 · management and general $299,749 · fundraising $11,442

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $548,440 · program services $160,093 · management and general $388,347

  • 17 · Travel

    total $79,284 · program services $51,362 · management and general $26,387 · fundraising $1,535

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $115,872 · program services $39,349 · management and general $71,750 · fundraising $4,773

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $48,082 · management and general $48,082

  • 23 · Insurance

    total $54,741 · management and general $54,741

  • 24a · Other expenses: Loss on uncollectible grants

    total $1,096,121 · management and general $1,096,121

  • 24b · Other expenses: CLIENT ACTIVITIES/SUPPLIES

    total $841,680 · program services $840,802 · management and general $520 · fundraising $358

  • 24c · Other expenses: Staff development

    total $159,361 · program services $26,113 · management and general $133,020 · fundraising $228

  • 24d · Other expenses: Other expenses

    total $139,291 · program services $104,621 · management and general $14,135 · fundraising $20,535

  • 24e · All other expenses

    total $105,721 · program services $33,635 · management and general $66,253 · fundraising $5,833

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $175,197 · end of year $786,196

  • 2 · Savings and temporary cash investments

    beginning of year $1,866,623 · end of year $11,969,142

  • 3 · Pledges and grants receivable

    beginning of year $4,343,631 · end of year $2,373,877

  • 4 · Accounts receivable

    beginning of year $207,834 · end of year $31,550

  • 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 $173,699 · end of year $162,594

  • 10a · Land, buildings and equipment: cost or other basis

    $906,062

  • 10b · Land, buildings and equipment: accumulated depreciation

    $785,677

  • 10c · Land, buildings and equipment, net

    beginning of year $168,467 · end of year $120,385

  • 11 · Investments: publicly traded securities

    beginning of year $45,644 · end of year $49,007

  • 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

    beginning of year $2,056,701 · end of year $1,668,539

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,090,325 · end of year $1,905,856

  • 19 · Deferred revenue

    beginning of year $2,352,500 · end of year $3,891,877

  • 25 · Other liabilities

    beginning of year $2,218,399 · end of year $1,816,897

  • 27 · Net assets without donor restrictions

    beginning of year $3,013,758 · end of year $8,815,381

  • 28 · Net assets with donor restrictions

    beginning of year $362,814 · end of year $731,279

Mission and programs · 2023

Mission

STRIVEs purpose is to ensure that everyone can achieve upward mobility and financial empowerment for themselves and their families. Its mission is to provide a pathway to life-changing careers and opportunities through comprehensive professional training, intensive personal support and self-empowerment for those who face societal barriers to advancement. Its vision is for employers, civic leaders, businesses, donors and neighbors across the country join STRIVE in building an inclusive economy for stronger, safer communities and a more equitable and just society for all.

Activities or mission (Part I)

STRIVEs purpose is to ensure that everyone can achieve upward mobility and financial empowerment for themselves and their families. Its mission is to provide a pathway to life-changing careers and opportunities through comprehensive professional training, intensive personal support and self-empowerment for those who face societal barriers to advancement. Its vision is for employers, civic leaders, businesses, donors and neighbors across the country join STRIVE in building an inclusive economy for stronger, safer communities and a more equitable and just society for all. STRIVEs evidence-based, proprietary model is the foundation for all of their comprehensive workforce training programs. The programs provide a holistic and sector-based approach to training for those facing societal barriers to employment, to access a career with potential for advancement.STRIVE delivers programs nationally in three operating locations and through licensed affiliate partnerships. STRIVE successfully rep

  • STRIVE is a national leader in helping people with the biggest barriers to employment access the training and support they need to find meaningful careers and achieve upward mobility. STRIVE celebrates over 85,000 national graduates since inception in 1984. Over nearly four decades, our work has evolved through a better understanding of the systemic inequities that impact communities we serve. Today, STRIVEs model has proven to be a highly flexible approach that works in many cultures and contexts. We offer it across sites in 13 locations, through a combination of licensed affiliate partners and three operated sites, including the launch of STRIVE Atlanta in 2020 and STRIVE Birmingham in 2022 AND STRIVE NEW ORLEANS IN 2023.

    Expenses $5,024,890

  • STRIVE IS THE NATIONS LEADING SOLUTION FOR PEOPLE WHO FACE THE BIGGEST OBSTACLES TOEMPLOYMENT. OUR PROVEN MODEL PROPELS STUDENTS INTO CAREERS THAT LEAD TO UPWARDMOBILITY. WHAT MAKES STRIVE UNIQUE IS THE NETWORK OF PROVIDERS. THE UNPARALLELEDNETWORK IS A COMBINATION OF OPERATED SITES (NEW YORK CITY AND ATLANTA and Birmingham, AL) AND COMMUNITY-BASED ORGANIZATIONS (OUR AFFILIATE NETWORK) IN CITIES ACROSS THE COUNTRY, TOTALING 13 US CITIES. STRIVES HIGHLY EFFECTIVE PROGRAMS PROVIDE COMPREHENSIVE TRAINING AND JOB DEVELOPMENT SERVICES FOR INDIVIDUALS IN AREAS OF CONCENTRATED POVERTY ANDUNEMPLOYMENT. EACH AFFILIATE IS AN INDEPENDENT 501C3 ORGANIZATION THAT LICENSES WITH STRIVE TO UTILIZE THE STRIVE PROGRAM AND PARTICIPATE IN CAPACITY-BUILDING ACTIVITIES. STRIVE SUPPORTS THE NATIONAL NETWORK VIA 1) A CAPABLE TEAM OF DEDICATED STAFF THAT SUPPORT THE NATIONAL NETWORK, 2) CAPACITY-BUILDING FORUMS FOR STRIVE AFFILIATES TO STRENGTHEN PROGRAM QUALITY AND DEVELOP LEADERSHIP WITHIN THE NETWORK, SUCH AS THE ANNUAL STRIVE INSTITUTE, 3) A NATIONAL PERFORMANCE MANAGEMENT SYSTEM, 4) PROGRAM MANUALS PREDICATED ON EVIDENCE-BASED PRACTICES, AND 5) ACTIVELY SOLICITING AND SECURING NATIONAL GRANTS FROM PUBLIC AND PRIVATE FUNDERS.

    Expenses $2,659,626 · Grants $794,433 · Revenue $50,000

As filed on the 2023 return.

Listed in Part VII

  • Philip Weinberg

    President & CEO

    Total calculated
    $342,950
    From this org
    $334,616
    From related orgs
    $0
    Other
    $8,334
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $269,616
    Bonus
    $65,000
    Other
    not reported
    Deferred
    $6,315
    Nontaxable benefits
    $2,019
    Filer's total
    $342,950

  • Tasha Jackson

    CFAO

    Total calculated
    $221,735
    From this org
    $203,359
    From related orgs
    $0
    Other
    $18,376
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $203,359
    Bonus
    not reported
    Other
    not reported
    Deferred
    $3,891
    Nontaxable benefits
    $14,485
    Filer's total
    $221,735

  • Ayesha George

    ED New York

    Total calculated
    $219,423
    From this org
    $190,253
    From related orgs
    $0
    Other
    $29,170
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $190,253
    Bonus
    not reported
    Other
    not reported
    Deferred
    $3,641
    Nontaxable benefits
    $25,529
    Filer's total
    $219,423

  • Cynthia Trevor

    VP Devel & Communication

    Total calculated
    $181,789
    From this org
    $170,426
    From related orgs
    $0
    Other
    $11,363
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $170,426
    Bonus
    not reported
    Other
    not reported
    Deferred
    $3,261
    Nontaxable benefits
    $8,102
    Filer's total
    $181,789

  • Jonathan Bonaiuto

    VP Strat & Growth

    Total calculated
    $149,882
    From this org
    $138,462
    From related orgs
    $0
    Other
    $11,420
    Hours/week
    35

  • Quiwintre Frye

    ED Birmingham

    Total calculated
    $148,011
    From this org
    $121,015
    From related orgs
    $0
    Other
    $26,996
    Hours/week
    35

  • Lakythia Ferby-Weigel

    EVP Prog & Impact

    Total calculated
    $141,884
    From this org
    $138,362
    From related orgs
    $0
    Other
    $3,522
    Hours/week
    35

  • Jomal Vailes

    ED Atlanta

    Total calculated
    $110,377
    From this org
    $106,928
    From related orgs
    $0
    Other
    $3,449
    Hours/week
    35

  • Brian Friedman

    Co-chair

    Total calculated
    $0
    Hours/week
    1

  • Roy Castro

    Co-Chair

    Total calculated
    $0
    Hours/week
    1

  • Judith McElnea

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Bonnie Howard

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Arthur Kokot

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Richard Barthelmes

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Antoinette Leatherberry

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Daryl Lee

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tonia OConnor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Yvan-Claude Pierre

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Andy Rahl

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Laurie Rosenfield

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Phil Salinger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • James Thomas

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Laura Slutsky

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Randy Zeno

    Board Member

    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v5.1
Source object
202423139349302337

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