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Nonprofiteer
← THRIVE FOUNDATION

Form 990 for tax year 2024

Filed by THRIVE FOUNDATION.

Totals

Total revenue
$2,534,841
Total expenses
$2,081,557
Contributions and grants received
$656,131
Grants paid
$0
Program service revenue
$1,830,443
Investment income
$5,915
Other revenue
$42,352
Total assets, end of year
$13,958,002
Total liabilities, end of year
$9,687,965
Net assets or fund balances, end of year
$4,270,037
Program services expenses (Part IX)
$1,619,959
Management and general expenses
$461,598
Fundraising expenses
$0
Program service expenses (Part III)
$1,619,959

Program services were 77.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Morgan Hilliard

    Exec Director

    Total calculated
    $115,000
    From this org
    $115,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Adrian Owen Jones

    Director

    Total calculated
    $0
    Hours/week
    1
  • Dave Baxter

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Joseph Hollins

    Chair

    Total calculated
    $0
    Hours/week
    1
  • Darylene Harris Pugh

    Director

    Total calculated
    $0
    Hours/week
    0
  • Matthew Valliere

    Vice Chair

    Total calculated
    $0
    Hours/week
    1
  • Wendy Daniels

    Director

    Total calculated
    $0
    Hours/week
    1
  • Mark Drennen

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Sabrina Galloway

    Director

    Total calculated
    $0
    Hours/week
    1
  • Tedrick Knightshead

    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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • Thrive Baton Rouge

    501(c)(3) · Operates Thrive BR school and programs · LA

  • Thrive Academy

    State sponsored charter school · LA

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2026
IRS schema version
2024v5.2
Source object
202601339349303195

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