Civic Intelligence

Families Thrive Inc

EIN 16-1047933 • 501(c)3 • Rochester, NY

Profile

Families thrive, inc. Is dedicated to finding loving adoptive families for children waiting in foster care. Roughly half a million children in the u.s. Have been removed from unsafe homes, and of these, 120,000 are free for adoption. The organizations seeks to find adoptive homes for america's hardest to place children.

176 Anderson Ave F202Rochester, NY 14607

www.childrenawaitingparents.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.19x

Higher debt load relative to assets than 60% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

60th percentile

0.15x

Higher debt load relative to revenue than 60% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Source year 2025

Net Margin

59th percentile

7.5%

Higher net margin than 59% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

59th percentile

$93,374

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

NTEE P • $1M-$5M nonprofits • Source year 2025

Asset Growth

76th percentile

21%

Faster asset growth than 76% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

89th percentile

85%

Faster revenue growth than 89% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,573,531

Up $273,510 (+21%) from 2024

Liabilities

Up

$296,072

Up $94,532 (+47%) from 2024

Net Assets

Up

$1,277,459

Up $178,978 (+16%) from 2024

Revenue

Up

$1,950,280

Up $894,198 (+85%) from 2024

Expenses

Up

$1,803,108

Up $597,414 (+50%) from 2024

Net Income

Up

$147,172

Up $296,784 (+198%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,125,534Liabilities 2011: $102,486Net Assets 2011: $1,023,0482011Assets 2012: $1,023,908Liabilities 2012: $148,115Net Assets 2012: $875,7932012Assets 2013: $1,111,450Liabilities 2013: $121,561Net Assets 2013: $989,8892013Assets 2014: $945,251Liabilities 2014: $107,334Net Assets 2014: $837,9172014Assets 2015: $1,198,253Liabilities 2015: $46,403Net Assets 2015: $1,151,8502015Assets 2016: $1,025,928Liabilities 2016: $41,333Net Assets 2016: $984,5952016Assets 2017: $851,914Liabilities 2017: $36,396Net Assets 2017: $815,5182017Assets 2018: $809,168Liabilities 2018: $43,005Net Assets 2018: $766,1632018Assets 2019: $652,470Liabilities 2019: $18,767Net Assets 2019: $633,7032019Assets 2020: $488,949Liabilities 2020: $38,588Net Assets 2020: $450,3612020Assets 2021: $430,563Liabilities 2021: $153,785Net Assets 2021: $276,7782021Assets 2022: $1,376,491Liabilities 2022: $59,679Net Assets 2022: $1,316,8122022Assets 2023: $1,414,109Liabilities 2023: $208,645Net Assets 2023: $1,205,4642023Assets 2024: $1,300,021Liabilities 2024: $201,540Net Assets 2024: $1,098,4812024Assets 2025: $1,573,531Liabilities 2025: $296,072Net Assets 2025: $1,277,4592025

Highlighted filing

2025

Assets$1,573,531
Liabilities$296,072
Net Assets$1,277,459

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2011: $487,5082011Expenses 2012: $453,1792012Revenue 2013: $602,292Expenses 2013: $455,405Net Income 2013: $146,8872013Revenue 2014: $269,653Expenses 2014: $451,635Net Income 2014: -$181,9822014Revenue 2015: $829,054Expenses 2015: $428,682Net Income 2015: $400,3722015Revenue 2016: $307,770Expenses 2016: $477,141Net Income 2016: -$169,3712016Revenue 2017: $198,320Expenses 2017: $456,798Net Income 2017: -$258,4782017Revenue 2018: $446,345Expenses 2018: $507,405Net Income 2018: -$61,0602018Revenue 2019: $462,849Expenses 2019: $603,333Net Income 2019: -$140,4842019Revenue 2020: $326,076Expenses 2020: $522,104Net Income 2020: -$196,0282020Revenue 2021: $372,872Expenses 2021: $560,249Net Income 2021: -$187,3772021Revenue 2022: $1,693,083Expenses 2022: $637,031Net Income 2022: $1,056,0522022Revenue 2023: $777,921Expenses 2023: $866,110Net Income 2023: -$88,1892023Revenue 2024: $1,056,082Expenses 2024: $1,205,694Net Income 2024: -$149,6122024Revenue 2025: $1,950,280Expenses 2025: $1,803,108Net Income 2025: $147,1722025

Highlighted filing

2025

Revenue$1,950,280
Expenses$1,803,108
Net Income$147,172

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.57$0.30$1.28$1.95$1.80$0.15
2024Detailed filing. Detailed filing data is available for this year.$1.30$0.20$1.10$1.06$1.21$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.41$0.21$1.21$0.78$0.87$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.38$0.06$1.32$1.69$0.64$1.06
2021Detailed filing. Detailed filing data is available for this year.$0.43$0.15$0.28$0.37$0.56$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.49$0.04$0.45$0.33$0.52$0.20
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.02$0.63$0.46$0.60$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.81$0.04$0.77$0.45$0.51$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.04$0.82$0.20$0.46$0.26
2016Detailed filing. Detailed filing data is available for this year.$1.03$0.04$0.98$0.31$0.48$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.20$0.05$1.15$0.83$0.43$0.40
2014Detailed filing. Detailed filing data is available for this year.$0.95$0.11$0.84$0.27$0.45$0.18
2013Summary only. Only limited summary data is available for this year.$1.11$0.12$0.99$0.60$0.46$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.15$0.88$0.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.10$1.02$0.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 17, 2026
Return Version
2024v5.5
Gross Receipts
$1,979,714
Mission and Program Overview

Mission

Families thrive, inc. Is dedicated to finding loving adoptive families for children waiting in foster care. Roughly half a million children in the u.s. Have been removed from unsafe homes, and of these, 120,000 are free for adoption. The organizations seeks to find adoptive homes for america's hardest to place children.

Find adoptive parents for america's waiting children

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$931,667$885,665▼ $46,002
Accounts Receivable$190,982$479,408▲ $288,426
Cash and Non-Interest-Bearing Accounts$38,607$103,254▲ $64,647
Savings and Temporary Cash Investments$12,548$15,138▲ $2,590
Land, Buildings, and Equipment, Net$11,265$12,882▲ $1,617
Prepaid Expenses and Deferred Charges-$3,237-
Total Assets$1,300,021$1,573,531▲ $273,510
Other Assets Total$114,952$73,947▼ $41,005
Liabilities
Accounts Payable and Accrued Expenses$89,788$225,325▲ $135,537
Other Liabilities$111,752$70,747▼ $41,005
Total Liabilities$201,540$296,072▲ $94,532
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,085,933$1,262,321▲ $176,388
Net Assets With Donor Restrictions$12,548$15,138▲ $2,590
Total Net Assets Fund Balance$1,098,481$1,277,459▲ $178,978
Total Liabilities and Net Assets / Fund Balance$1,300,021$1,573,531▲ $273,510

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,766$9,899$19,665
Equipment$3,116$15,049$18,165
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lauri McknightExecutive DirectorFT$93,374$93,374

Board Members and Trustees

NameTitle
Lorisa D Larocca EsqChairperson
Stephanie a Schifano MbaChairperson
Maryjane K LinkChairperson Emeritus
Amanda SantacroceBoard Member
Catherine WilsonBoard Member
Hon Patricia E Gallagher EsqBoard Member
Jesse LucasBoard Member
Keaton AckermanBoard Member
Megan KistBoard Member
Nicole E BaylyBoard Member
Russell OlsenBoard Member
Susan ScanlonBoard Member
Teresa StewartBoard Member
Vincent HarperTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$226,404
Program Service Revenue
$1,706,581
Investment Income
$23,229
Other Revenue
$-5,934
All Other Contributions
$203,919
Change in Net Assets
$147,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$955,535
Salaries, Compensation, and Employee Benefits$847,573
Total Fundraising Expense$113,989
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$403,385$178,349$75,012$656,746
Insurance$55,759$55,760-$111,519
Current Officers, Directors, Trustees, and Key Employees$46,687$46,687-$93,374
Payroll Taxes$44,310$22,155$7,385$73,850
Fees for Services Other$23,887$14,930$20,902$59,719
Travel$49,813$8,790-$58,603
Occupancy$38,745$6,457$6,457$51,659
Office Expenses$24,381$10,989-$35,370
Advertising$28,648--$28,648
Other Employee Benefits$14,162$7,081$2,360$23,603
All Other Expenses$6,786$1,131$1,131$9,048
Information Technology$4,449$2,225$742$7,416
Other Expenses$6,835$13,634-$6,835
Depreciation Depletion$3,784$199-$3,983
Total Functional Expenses$1,320,732$368,387$113,989$1,803,108
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$29,434
Fundraising Gross Income$20,181
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$33,913$17,963$17,963$0
Total Events$33,913$17,963$17,963$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$70,747
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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, Section B, Line 11B

Form 990 is reviewed by the finance and executive committees and then provided to the board prior to filing.

Form 990, Part VI, Section B, Line 12C

All board members and staff annually sign conflict of interest statements. The conflict of interest statements are reviewed by the executive director and the executive committee and any conflicts are dealt with in accordance with the policy.

Form 990, Part VI, Section B, Line 15A

The executive director's compensation is reviewed and approved by the board members. There are no other officers that are compensated, and there are no other key employees.

Form 990, Part VI, Section C, Line 19

Financial statements are available on the organization's website. All other documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Families Thrive Inc
EIN
16-1047933
Phone
5852325110
Address
176 ANDERSON AVE F202, ROCHESTER, NY 14607
Doing Business As
Donald J Corbett Adoption Agency

Signing Officer

Name
Lauri Mcknight
Title
Executive Director
Phone
5852325110
Signed
2026-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lauri Mcknight
Formed
1975
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
25
Volunteers
7

Preparer

Firm
Efpr Advisory LLC
Address
100 SOUTH CLINTON AVE SUITE 1500, ROCHESTER, NY 14604
Preparer
Christopher Johnston
Phone
5854278900
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No change in the process from the prior year.

Financial Statement Notes

PART V, LINE 4:

During the year ended march 31, 2020, the organization, with board approval, transferred donor-restricted endowment funds to long-term investment funds without donor restriction after extensive research to determine that there were no restrictions on the initial transaction. The organization's endowment was established by a donation made directly to the organization.

PART X, LINE 2:

The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the organization's tax-exempt purpose is subject to taxation as unrelated business income. In accordance with asc 740-10-50, accounting for uncertainty in income taxes, the organization recognizes the tax benefits from uncertain tax positions only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. Management believes that the organization is currently operating in compliance with the applicable requirements of the internal revenue code. Therefore, no liability for unrecognized tax benefits has been included on the organization's financial statements. The exempt organization's informational returns are subject to audit by various taxing authorities.

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IRS990/ActivityOrMissionDesc0FIND ADOPTIVE PARENTS FOR AMERICA'S WAITING CHILDREN
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IRS990/Desc0A FULL SERVICE FOSTER CARE ADOPTION AGENCY PLACING CHILDREN WAITING FOR A FOREVER FAMILY OR IN NEED OF A TEMPORARY FOSTER HOME. FAMILIES THRIVE, INC. EDUCATES, TRAINS AND RECRUITS PROSPECTIVE FOSTER AND ADOPTIVE PARENTS FOR CHILDREN IN THE FOSTER CARE SYSTEM. STATE REQUIRED FOSTER AND ADOPTIVE SERVICES ARE PROVIDED IN HOMES FOR YOUTH AND FAMILIES. CONTRACTING WITH NUMEROUS NYS COUNTIES FOR SERVICES, UNDER NYS OFFICE OF FAMILY AND CHILDREN SERVICES, THE ORGANIZATION PROVIDES A FEE FOR SERVICE PROGRAM FOR FOSTER YOUTH.THERAPEUTIC SUPPORT GROUPS AND TRAININGS SUCH AS MODEL APPROACH TO PARENTING PARTNERSHIPS (MAPPII/GPS) MAPP TRAINING GUIDES FAMILIES SEEKING FOSTERING AND ADOPTION TO ASSIST IN THE UNDERSTANDING OF THE EMOTIONAL, ATTACHMENT, BEHAVIOR AND LOSS ASSOCIATED WITH THE DEVELOPMENT OF BUILDING RELATIONSHIPS WITH CHILDREN IN FOSTER CARE ARE PROVIDED.FAMILIES THRIVE ALSO OFFERS A FULL PROCESS FOR ADOPTIVE FAMILIES THAT INCLUDE TRAINING, MATCHING/PLACEMENT PRACTICE, AND HOME MONITORING.
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