Thrive Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 2,456,330 | 0 | 2,456,330 | — | — |
| 2017 | 387,133 | 457,025 | −69,892 | 62.7 | 1% |
| 2018 | 1,851,513 | 1,352,647 | 498,866 | 29.7 | 11% |
| 2019 | 1,725,963 | 2,069,980 | −344,017 | 17.4 | 8% |
| 2020 | 2,154,530 | 2,268,726 | −114,196 | 15.3 | 12% |
| 2021 | 2,192,243 | 2,015,030 | 177,213 | 18.6 | 9% |
| 2022 | 2,342,211 | 1,696,152 | 646,059 | 26.7 | 12% |
| 2023 | 2,288,178 | 2,417,142 | −128,964 | 18.1 | 9% |
In its most recent public year (2023), this organization spent $128,964 more than it brought in. Its reserves stood at about 18.1 months of spending. Staff pay was 9% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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