Civic Intelligence

Strive International Inc.

990 • Fiscal year 2020 • EIN 13-3255679

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 04, 2021

Organization ProfileWWW.STRIVE.ORG

View Organization Page

205 East 122nd Street 3rd FloorNew York, NY 10035

(212) 360-1100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.45x

Higher debt load relative to assets than 73% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

56th percentile

0.26x

Higher debt load relative to revenue than 56% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

20th percentile

-10%

Higher net margin than 20% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

88th percentile

$303,803

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

7th percentile

-9.4%

Faster asset growth than 7% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

18th percentile

-23%

Faster revenue growth than 18% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$4,534,918

Down $473,108 (-9.4%) from 2019

Net Assets

Down

$2,477,265

Down $813,541 (-25%) from 2019

Liabilities

Up

$2,057,653

Up $340,433 (+20%) from 2019

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin20th percentile

Revenue

Down

$7,811,150

Down $2,375,599 (-23%) from 2019

Expenses

Down

$8,624,691

Down $1,319,109 (-13%) from 2019

Net Income

Down

-$813,541

Down $1,056,490 (-435%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $953,649Liabilities 2011: $190,994Net Assets 2011: $762,6552011Assets 2012: $1,330,895Liabilities 2012: $236,917Net Assets 2012: $1,093,9782012Assets 2013: $1,471,240Liabilities 2013: $474,542Net Assets 2013: $996,6982013Assets 2014: $2,256,048Liabilities 2014: $1,343,852Net Assets 2014: $912,1962014Assets 2015: $1,999,608Liabilities 2015: $811,393Net Assets 2015: $1,188,2152015Assets 2016: $4,132,878Liabilities 2016: $1,293,025Net Assets 2016: $2,839,8532016Assets 2017: $5,391,751Liabilities 2017: $2,430,545Net Assets 2017: $2,961,2062017Assets 2018: $4,972,957Liabilities 2018: $1,925,100Net Assets 2018: $3,047,8572018Assets 2019: $5,008,026Liabilities 2019: $1,717,220Net Assets 2019: $3,290,8062019Assets 2020: $4,534,918Liabilities 2020: $2,057,653Net Assets 2020: $2,477,2652020Assets 2021: $4,296,025Liabilities 2021: $1,208,011Net Assets 2021: $3,088,0142021Assets 2022: $9,037,796Liabilities 2022: $5,661,224Net Assets 2022: $3,376,5722022Assets 2023: $17,161,290Liabilities 2023: $7,614,630Net Assets 2023: $9,546,6602023Assets 2024: $15,073,238Liabilities 2024: $5,130,993Net Assets 2024: $9,942,2452024

Highlighted filing

2020

Assets$4,534,918
Liabilities$2,057,653
Net Assets$2,477,265
Open 2020 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,980,777Expenses 2011: $5,078,933Net Income 2011: -$98,1562011Revenue 2012: $4,287,755Expenses 2012: $3,956,432Net Income 2012: $331,3232012Revenue 2013: $4,974,918Expenses 2013: $5,072,198Net Income 2013: -$97,2802013Revenue 2014: $6,008,151Expenses 2014: $6,092,653Net Income 2014: -$84,5022014Revenue 2015: $6,032,520Expenses 2015: $5,756,501Net Income 2015: $276,0192015Revenue 2016: $7,906,298Expenses 2016: $6,254,660Net Income 2016: $1,651,6382016Revenue 2017: $8,250,150Expenses 2017: $8,131,880Net Income 2017: $118,2702017Revenue 2018: $10,014,424Expenses 2018: $9,927,913Net Income 2018: $86,5112018Revenue 2019: $10,186,749Expenses 2019: $9,943,800Net Income 2019: $242,9492019Revenue 2020: $7,811,150Expenses 2020: $8,624,691Net Income 2020: -$813,5412020Revenue 2021: $8,546,656Expenses 2021: $7,935,907Net Income 2021: $610,7492021Revenue 2022: $8,649,227Expenses 2022: $8,360,154Net Income 2022: $289,0732022Revenue 2023: $18,696,183Expenses 2023: $12,522,812Net Income 2023: $6,173,3712023Revenue 2024: $14,563,478Expenses 2024: $14,148,398Net Income 2024: $415,0802024

Highlighted filing

2020

Revenue$7,811,150
Expenses$8,624,691
Net Income-$813,541
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 4, 2021
Return Version
2020v4.0
Gross Receipts
$7,825,309
Mission and Program Overview

Mission

Strive's mission is to help people acquire the life-changing skills and attitudes needed to overcome challenging circumstances, find sustained employment, and become valuable contributors to their families, their employers, and their communities. Founded in east harlem in 1984, strive has been a fixture of new york city for thirty-five years. Strive targets men and women who face significant barriers to becoming employed.strive serves youth who are out of school and unemployed, the formerly incarcerated, public assistance recipients, non-custodial parents, the homeless, and recovering substance abusers. Strive's clients come from low-income neighborhoods from all boroughs of new york city. Today, the program includes vocational skills training and wrap-around supports. Strive model is highly replicable across locations and cultures and is administered by a network of community-based organizations, known as strive affiliates, in communities nationwide.

Strives mission is to help people acquire the life-changing skills and attitudes needed to overcome challenging circumstances, find sustained employment, and become valuable contributors to their families, their employers, and their communities. Strive specializes in serving at-risk individuals from high poverty communities who have multiple barriers to employment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$3,031,807$1,927,804▼ $1,104,003
Savings and Temporary Cash Investments$320,938$1,006,172▲ $685,234
Cash and Non-Interest-Bearing Accounts$399,652$724,250▲ $324,598
Pledges and Grants Receivable$717,158$417,329▼ $299,829
Land, Buildings, and Equipment, Net$462,250$388,846▼ $73,404
Prepaid Expenses and Deferred Charges$42,705$37,001▼ $5,704
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$5,008,026$4,534,918▼ $473,108
Other Assets Total$33,516$33,516→ $0
Liabilities
Accounts Payable and Accrued Expenses$1,507,133$934,617▼ $572,516
Unsecured Notes Loans Payable-$892,245-
Other Liabilities$208,420$230,791▲ $22,371
Deferred Revenue$1,667--
Total Liabilities$1,717,220$2,057,653▲ $340,433
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,676,127$1,884,805▲ $208,678
Net Assets With Donor Restrictions$1,614,679$592,460▼ $1,022,219
Total Net Assets Fund Balance$3,290,806$2,477,265▼ $813,541
Total Liabilities and Net Assets / Fund Balance$5,008,026$4,534,918▼ $473,108

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$188,841$134,071$322,912
Equipment-$301,325$301,325
Leasehold Improvements$200,005$81,820$281,825
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Philip WeinbergPresident & CEOFT$298,269$5,000$303,803
Cynthia TrevorVP Devel & CommFT$147,622$10,472$158,094
Lakythia FerbyED New YorkFT$149,184$3,376$152,026
Hilda RomeroCFOFT$124,968$24,528$149,496
Greg WiseVice PresidentFT$135,121$10,364$145,485
Jomal VailesED AtlantaFT$115,385$134$115,519

Board Members and Trustees

NameTitle
Brian FriedmanChairman
H Thompson Rodman JrCoFounder&Chair
Judith B McelneaVice Chair
Arthur KokotBoard Member
Daryl LeeBoard Member
Jay SheehyBoard Member
Laura SlutskyBoard Member
Laurie RosenfieldBoard Member
Randy ZenoBoard Member
Richard BarthelmesBoard Member
Roy CastroBoard Member
TONIA O'CONNORBoard Member
Tony SteadmanBoard Member
Yvan-claude PierreBoard Member
Andrew RahlSecretary
Bonnie L HowardTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Jobs For The FutureProgram Implementation88 BROAD STREET, Boston, MA 02110$185,647
The TNS GroupIT services - data mgmt3 Landmark Square, Stamford, CT 06901$167,831
Signature Staff Resources LLCPayroll services1460 TL Townsend Drive, Rockwall, TX 75032$156,335
MdrcProgram implementation200 Vesey Street, New York, NY 10281$107,500
Revenue and Support

Revenue Composition

Contributions and Grants
$7,614,023
Program Service Revenue
$188,100
Investment Income
$0
Other Revenue
$9,027
All Other Contributions
$2,847,152
Change in Net Assets
$-813,541

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,811,150
Total Revenue per Audited Statements
$7,811,150
Total Revenue per Form 990
$7,811,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,755,548
Other Expenses$2,496,817
Grants and Similar Amounts Paid$1,372,326
Total Fundraising Expense$806,986
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,165,007$549,175$205,634$2,919,816
Grants to Domestic Orgs$1,372,326--$1,372,326
Current Officers, Directors, Trustees, and Key Employees$443,410$286,208$294,805$1,024,423
Fees for Services Other$681,814$125,154$168,249$975,217
Other Employee Benefits$364,456$82,104$47,567$494,127
Occupancy$309,056$81,023$23,131$413,210
Information Technology$220,338$51,148$17,615$289,101
Payroll Taxes$188,663$52,807$28,298$269,768
Depreciation Depletion-$73,404-$73,404
Pension Plan Contributions$38,056$7,429$1,929$47,414
Other Expenses$21,036$40,700$10,663$40,700
Fees for Services Accounting-$39,600-$39,600
Insurance-$33,503-$33,503
All Other Expenses$21,732$5,329$1,608$28,669
Office Expenses$19,569$2,951$671$23,191
Fees for Services Legal-$20,607-$20,607
Conferences and Meetings$19,055$84$722$19,861
Travel$14,139$319-$14,458
Total Functional Expenses$6,309,459$1,508,246$806,986$8,624,691

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,624,691
Total Expenses per Audited Statements$8,624,691
Total Expenses per Form 990$8,624,691
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
San Diego Second Chance ProgrSan Diego, CA501(c)(3)Employment related programs$332,655
Westchester-putnam WorkforceWhite Plains, NY-Employment related programs$211,263
Jevs Human ServicesPhiladelphia, PA501(c)(3)Employment related programs$210,774
Career Resources IncBridgeport, CT501(c)(3)Employment related programs$201,641
Justice Resource Institue IncNeedham, MD501(c)(3)Employment related programs$196,415
Public Health Management CorpPhiladelphia, PA501(c)(3)Employment related programs$145,133
Foundation for LouisianaBaton Rouge, LA501(c)(3)Employment related programs$28,852
Center for Urban Families IncBaltimore, MD501(c)(3)Employment related programs$26,638
Life of North CarolinaGreenville, NC501(c)(3)Employment related programs$9,864
Penn FosterScranton, PA501(c)(3)Employment related programs$9,091
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$14,159
Fundraising Gross Income$14,159
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$453,060$11,830$11,830$0
Others Fundraising$17,284$2,329$2,329$0
Total Events$470,344$14,159$14,159-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent Payable$230,791
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“The board finance committee reviews the form prior to filing with the irs.the final form 990 is distributed to all board members.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Potential conflicts of interest are assessed by the ceo and cfo at thepoint of procurement.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Annually, the executive committee evaluates the ceos performance andobtains research and information to make a recommendation to the full boardfor his/her compensation based on a review of comparability data.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization makes it governing documents, conflict of interest policy,and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Strive International Inc
EIN
13-3255679
Phone
2123601100
Address
205 EAST 122ND STREET 3RD FLOOR, NEW YORK, NY 10035

Signing Officer

Name
Philip Weinberg
Title
President & CEO
Signed
2021-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip Weinberg
Formed
1984
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
16
Employees
77

Preparer

Firm
Ncheng Llp Certified Public Accountants
Address
40 WALL ST 32ND FL, NEW YORK, NY 10005
Preparer
Kwabina Appiah
Phone
2127850100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

“The organizations review process has not changed from the prior year.”

Financial Statement Notes

Part X : FIN48 Footnote

“STRIVE is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. STRIVE has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdictions where it operates. STRIVE does not anticipate any significant uncertain tax positions that would require recognition in the financial statements. Periods ending December 31, 2017 and subsequent remain subject to examination by the taxing authorities.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0STRIVES FLAGSHIP PROGRAM, CAREER PATH, FOLLOWS FIVE PILLARS, WHICH ARE PROVEN TO INCREASE STUDENTS JOB PLACEMENT AND RETENTION RATES. IT BEGINS WITH STRIVES SIGNATURE CAREER READINESS WORKSHOP, STRIVE START. DELIVERED THROUGH A WORK-SIMULATED ENVIRONMENT, THIS PROGRAM PROVIDES THE TRAINING PEOPLE NEED TO NOT ONLY LAND A JOB, BUT BUILD A CAREER. START FOCUSES ON ATTITUDE, ACCOUNTABILITY, PERSONAL RESPONSIBILITY, WORKPLACE ETHICS, PROFESSIONAL ETIQUETTE, AND INTERPERSONAL SKILLS. FOLLOWING STRIVE START, STUDENTS CONTINUE WITH OCCUPATIONAL SKILLS TRAINING, WHICH FOLLOWS ONE OF SEVERAL CAREER PATHS ALIGNED WITH LOCAL MARKET DEMAND AND EMPLOYER NEEDS. TRAINING RESULTS IN ONE OR MORE INDUSTRY-RECOGNIZED CREDENTIALS. THROUGHOUT THE PROGRAM, CAREER COACHING GIVES EACH STUDENT INTENSE, PERSONAL ATTENTION TO IDENTIFY AND REMOVE THE OBSTACLES THAT STAND IN THE WAY OF THEIR SUCCESS IN THE WORKPLACE. FOLLOWING COMPLETION OF CAREER PATH, STRIVE PROVIDES JOB PLACEMENT ASSISTANCE FOR STUDENTS THROUGH DEEP PARTNERSHIPS WITH LOCAL EMPLOYERS, SECURING JOBS THAT ARE A GOOD MATCH FOR STUDENTS INTERESTS AND SKILLS AND HAVE A FUTURE FOR GROWTH. ALL STRIVE STUDENTS ARE OFFERED LIFETIME SERVICES OF FOLLOW-UP AND SUPPORT. THOUGH THEY MAY GRADUATE AND BEGIN THEIR CAREERS, STRIVE CONTINUES TO STAND BY ALL OF ITS STUDENTS.STRIVE ALSO RUNS EMPLOYMENT PROGRAMS FOR SPECIFIC POPULATIONS, INCLUDING FOR REENTRY POPULATIONS AND FOR PARENTS. ALL PROGRAMS FOLLOW OUR FIVE-PILLAR MODEL, BUT INCLUDE ADDITIONAL SUPPORTS RANGING FROM PARENTING WORKSHOPS TO PRE- AND POST-RELEASE CLASSES. THE FOCUS IS ON ECONOMIC STABILITY, JOB PLACEMENTS AND SUPPORT.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3CFO
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IRS990/MissionDesc0STRIVES MISSION IS TO HELP PEOPLE ACQUIRE THE LIFE-CHANGING SKILLS AND ATTITUDES NEEDED TO OVERCOME CHALLENGING CIRCUMSTANCES, FIND SUSTAINED EMPLOYMENT, AND BECOME VALUABLE CONTRIBUTORS TO THEIR FAMILIES, THEIR EMPLOYERS, AND THEIR COMMUNITIES. FOUNDED IN EAST HARLEM IN 1984, STRIVE HAS BEEN A FIXTURE OF NEW YORK CITY FOR OVER THIRTY-FIVE YEARS. DURING 2020, STRIVE LAUNCHED A SECOND SITE IN ATLANTA, GA TO EXPAND ITS OPERATIONS. STRIVE TARGETS MEN AND WOMEN WHO FACE SIGNIFICANT BARRIERS TO BECOMING EMPLOYED. STRIVE SERVES YOUTH WHO ARE OUT OF SCHOOL AND UNEMPLOYED, THE FORMERLY INCARCERATED, PUBLIC ASSISTANCE RECIPIENTS, NON-CUSTODIAL PARENTS, THE HOMELESS, AND RECOVERING SUBSTANCE ABUSERS. STRIVES CLIENTS COME FROM LOW-INCOME NEIGHBORHOODS FROM ALL BOROUGHS OF NEW YORK CITY. TODAY, THE PROGRAM INCLUDES VOCATIONAL SKILLS TRAINING AND WRAP-AROUND SUPPORTS. STRIVE MODEL IS HIGHLY REPLICABLE ACROSS LOCATIONS AND CULTURES AND IS ADMINISTERED BY A NETWORK OF COMMUNITY-BASED ORGANIZATIONS, K
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Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,534,918
Liabilities
$2,057,653
Net assets
$2,477,265
Revenue
$7,811,150
Expenses
$8,624,691
Net income
-$813,541
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.1$5.13$9.94$14.6$14.1$0.42
2023Detailed filing. Detailed filing data is available for this year.$17.2$7.61$9.55$18.7$12.5$6.17
2022Detailed filing. Detailed filing data is available for this year.$9.04$5.66$3.38$8.65$8.36$0.29
2021Detailed filing. Detailed filing data is available for this year.$4.30$1.21$3.09$8.55$7.94$0.61
2020Detailed filing. Detailed filing data is available for this year.$4.53$2.06$2.48$7.81$8.62$0.81
2019Detailed filing. Detailed filing data is available for this year.$5.01$1.72$3.29$10.2$9.94$0.24
2018Detailed filing. Detailed filing data is available for this year.$4.97$1.93$3.05$10.0$9.93$0.09
2017Detailed filing. Detailed filing data is available for this year.$5.39$2.43$2.96$8.25$8.13$0.12
2016Detailed filing. Detailed filing data is available for this year.$4.13$1.29$2.84$7.91$6.25$1.65
2015Summary only. Only limited summary data is available for this year.$2.00$0.81$1.19$6.03$5.76$0.28
2014Summary only. Only limited summary data is available for this year.$2.26$1.34$0.91$6.01$6.09$0.08
2013Summary only. Only limited summary data is available for this year.$1.47$0.47$1.00$4.97$5.07$0.10
2012Summary only. Only limited summary data is available for this year.$1.33$0.24$1.09$4.29$3.96$0.33
2011Summary only. Only limited summary data is available for this year.$0.95$0.19$0.76$4.98$5.08$0.10