Civic Intelligence

The Exceptional Foundation of West Tn

990 • Fiscal year 2023 • EIN 26-2223237

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 20, 2024

PO Box 171136Memphis, TN 38187

(901) 387-5002

Siviq Scores

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

Liabilities / Assets

41st percentile

0.00x

Higher debt load relative to assets than 41% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

38th percentile

0.00x

Higher debt load relative to revenue than 38% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

57th percentile

8.0%

Higher net margin than 57% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

84th percentile

$88,791

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 16.2% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

63rd percentile

10%

Faster asset growth than 63% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

62nd percentile

18%

Faster revenue growth than 62% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$427,509

Up $43,173 (+11%) from 2021

Net Assets

Up

$425,472

Up $52,878 (+14%) from 2021

Liabilities

Down

$2,037

Down $9,705 (-83%) from 2021

Revenue

Up

$546,527

Up $44,908 (+9.0%) from 2021

Expenses

Up

$502,965

Up $168,998 (+51%) from 2021

Net Income

Down

$43,562

Down $124,090 (-74%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $75,708Liabilities 2010: $0Net Assets 2010: $75,7082010Assets 2011: $729,391Liabilities 2011: $6,153Net Assets 2011: $723,2382011Assets 2012: $534,133Liabilities 2012: $4,544Net Assets 2012: $529,5892012Assets 2013: $426,201Liabilities 2013: $8,890Net Assets 2013: $417,3112013Assets 2014: $293,838Liabilities 2014: $62Net Assets 2014: $293,7762014Assets 2015: $262,881Liabilities 2015: $3,339Net Assets 2015: $259,5422015Assets 2016: $265,061Liabilities 2016: $3,098Net Assets 2016: $261,9632016Assets 2017: $301,581Liabilities 2017: $4,990Net Assets 2017: $296,5912017Assets 2018: $239,392Liabilities 2018: $5,327Net Assets 2018: $234,0652018Assets 2019: $192,988Liabilities 2019: $5,602Net Assets 2019: $187,3862019Assets 2020: $219,231Liabilities 2020: $14,289Net Assets 2020: $204,9422020Assets 2021: $384,336Liabilities 2021: $11,742Net Assets 2021: $372,5942021Assets 2023: $427,509Liabilities 2023: $2,037Net Assets 2023: $425,4722023Assets 2024: $396,888Liabilities 2024: $53,037Net Assets 2024: $343,8512024

Highlighted filing

2023

Assets$427,509
Liabilities$2,037
Net Assets$425,472

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $390,1612010Expenses 2011: $392,4742011Expenses 2012: $500,1302012Revenue 2013: $368,697Expenses 2013: $480,975Net Income 2013: -$112,2782013Revenue 2014: $338,757Expenses 2014: $462,292Net Income 2014: -$123,5352014Revenue 2015: $442,969Expenses 2015: $477,203Net Income 2015: -$34,2342015Revenue 2016: $479,367Expenses 2016: $476,946Net Income 2016: $2,4212016Revenue 2017: $472,743Expenses 2017: $438,115Net Income 2017: $34,6282017Revenue 2018: $373,774Expenses 2018: $436,300Net Income 2018: -$62,5262018Revenue 2019: $401,133Expenses 2019: $447,812Net Income 2019: -$46,6792019Revenue 2020: $360,293Expenses 2020: $342,737Net Income 2020: $17,5562020Revenue 2021: $501,619Expenses 2021: $333,967Net Income 2021: $167,6522021Revenue 2023: $546,527Expenses 2023: $502,965Net Income 2023: $43,5622023Revenue 2024: $420,147Expenses 2024: $501,768Net Income 2024: -$81,6212024

Highlighted filing

2023

Revenue$546,527
Expenses$502,965
Net Income$43,562
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 20, 2024
Return Version
2023v5.1
Gross Receipts
$569,358
Mission and Program Overview

Mission

To enrich the lives of the

To enrich the lives of the developmentally challenged by meeting their social, recreational and continuing educational needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$264,967$350,000▲ $85,033
Cash and Non-Interest-Bearing Accounts$97,303$41,301▼ $56,002
Accounts Receivable$2,608$19,922▲ $17,314
Land, Buildings, and Equipment, Net$23,651$16,286▼ $7,365
Total Assets$388,529$427,509▲ $38,980
Liabilities
Accounts Payable and Accrued Expenses$6,619$2,037▼ $4,582
Total Liabilities$6,619$2,037▼ $4,582
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$381,910$425,472▲ $43,562
Total Net Assets Fund Balance$381,910$425,472▲ $43,562
Total Liabilities and Net Assets / Fund Balance$388,529$427,509▲ $38,980

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,503$142,332$145,835
Leasehold Improvements$12,783$1,306$14,089
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jo Anne FuscoExecutive DirectorFT$88,791$88,791

Board Members and Trustees

NameTitle
Jodi RungerChairman
Marla MounceDirector/former Chairman
Chisann Shero-geistDirector
Christy MullallyDirector
Cynthia JohnsonDirector
Debbie ConwayDirector
Findley FrazerDirector
Katherine GrayDirector
Marsha WedellDirector
Teri HirtDirector
Brett JamesSecretary
Allan HensleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$222,264
Program Service Revenue
$276,370
Investment Income
$551
Other Revenue
$47,342
All Other Contributions
$222,264
Change in Net Assets
$43,562
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$352,125
Other Expenses$150,840
Total Fundraising Expense$38,234
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$204,121$34,171-$238,292
Current Officers, Directors, Trustees, and Key Employees$17,758$35,516$35,517$88,791
Occupancy$58,500$6,500-$65,000
Payroll Taxes$16,993$5,332$2,717$25,042
Insurance$20,693$2,299-$22,992
Depreciation Depletion$5,892$1,473-$7,365
Other Expenses$7,491$4,714-$4,714
Fees for Services Accounting-$1,684-$1,684
Advertising$731--$731
Information Technology-$527-$527
Total Functional Expenses$366,131$98,600$38,234$502,965
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$70,173
Fundraising Direct Expenses$22,831
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Drive for Thrive$51,701$51,701$15,416$36,285
Crawfish Festival$8,117$8,117$4,841$3,276
Total Events$70,173$70,173$22,831$47,342
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
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, Section B, Line 11B

Each board member receives a copy of the 990 prior to filing. Additionally, the 990 is reviewed by a board committee before it is signed and filed.

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

Each board member signs the conflict of interest policy at board orientation.

Form 990, Part VI, Section B, Line 15

Compensation is determined by the organization president and treasurer. Board approval is required.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Thrive Memphis
EIN
26-2223237
Phone
9013875002
Address
PO BOX 171136, MEMPHIS, TN 38187

Signing Officer

Name
Marla Mounce
Title
President
Phone
9013875002
Signed
2024-09-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marla Mounce
Formed
2008
Legal Domicile
Tn
Voting Board Members
12
Independent Board Members
12
Employees
21
Volunteers
15

Preparer

Firm
Henderson Hutcherson & Mccullough Pllc
Address
1755 KIRBY PARKWAY SUITE 200, MEMPHIS, TN 38120
Preparer
Richard a Swope
Phone
9016834234
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IRS990/PYOtherExpensesAmt0137549
IRS990/PYOtherRevenueAmt052631
IRS990/PYProgramServiceRevenueAmt0194306
IRS990/PYRevenuesLessExpensesAmt010664
IRS990/PYSalariesCompEmpBnftPaidAmt0313826
IRS990/PYTotalExpensesAmt0451375
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0462039
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt043562
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0276370
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0264967
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0350000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0498635
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0408851
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0383746
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0281682
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0412273
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01985187
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0551
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0557
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0433
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0141
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0240
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01922
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0551
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0557
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0433
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0141
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0240
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01922
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00070
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99920
IRS990ScheduleA/PublicSupportPY509Pct00.99930
IRS990ScheduleA/PublicSupportTotal509Amt02268832
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearAmt070173
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt068903
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt074840
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt031071
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt038658
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt0283645
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0568808
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0477754
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0458586
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0312753
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0450931
IRS990ScheduleA/Total509Grp/TotalAmt02268832
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0569359
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0478311
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0459019
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0312894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0451171
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02270754
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt03503
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0142332
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0145835
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt012783
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01306
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt014089
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016286
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt022831
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DRIVE FOR THRIVE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CRAWFISH FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt051701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08117
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt010355
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt070173
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt051701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt08117
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt010355
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt070173
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt047342
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt02574
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt022831
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015416
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04841
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH BOARD MEMBER RECEIVES A COPY OF THE 990 PRIOR TO FILING. ADDITIONALLY, THE 990 IS REVIEWED BY A BOARD COMMITTEE BEFORE IT IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER SIGNS THE CONFLICT OF INTEREST POLICY AT BOARD ORIENTATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS DETERMINED BY THE ORGANIZATION PRESIDENT AND TREASURER. BOARD APPROVAL IS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0388529
IRS990/TotalAssetsEOYAmt0427509
IRS990/TotalAssetsGrp/BOYAmt0388529
IRS990/TotalAssetsGrp/EOYAmt0427509
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0222264
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt038234
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt098600
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0366131
IRS990/TotalFunctionalExpensesGrp/TotalAmt0502965

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$0.53$3.44$4.20$5.02$0.82
2023Detailed filing. Detailed filing data is available for this year.$4.28$0.02$4.25$5.47$5.03$0.44
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.84$0.12$3.73$5.02$3.34$1.68
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.14$2.05$3.60$3.43$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.06$1.87$4.01$4.48$0.47
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.05$2.34$3.74$4.36$0.63
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.05$2.97$4.73$4.38$0.35
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.03$2.62$4.79$4.77$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.63$0.03$2.60$4.43$4.77$0.34
2014Detailed filing. Detailed filing data is available for this year.$2.94$0.00$2.94$3.39$4.62$1.24
2013Detailed filing. Detailed filing data is available for this year.$4.26$0.09$4.17$3.69$4.81$1.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.34$0.05$5.30$5.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.29$0.06$7.23$3.92
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.00$0.76$3.90