Civic Intelligence

Thrive Baton Rouge

990 • Fiscal year 2023 • EIN 27-5473721

Jul 01, 2022 to Jun 30, 2023 • Filed on May 08, 2024

2585 Brightside DriveBaton Rouge, LA 70820

(225) 726-3355

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.95x

Higher debt load relative to assets than 92% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

10.89x

Higher debt load relative to revenue than 97% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

17th percentile

-14%

Higher net margin than 17% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

21st percentile

-2.3%

Faster asset growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

52nd percentile

6.3%

Faster revenue growth than 52% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Down

$10,542,561

Down $246,700 (-2.3%) from 2022

Net Assets

Down

$521,160

Down $126,118 (-19%) from 2022

Liabilities

Down

$10,021,401

Down $120,582 (-1.2%) from 2022

Revenue

Up

$920,280

Up $54,691 (+6.3%) from 2022

Expenses

Down

$1,046,398

Down $55,942 (-5.1%) from 2022

Net Income

Up

-$126,118

Up $110,633 (+47%) from 2022

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $332,811Liabilities 2012: $175,307Net Assets 2012: $157,5042012Assets 2013: $359,147Liabilities 2013: $47,935Net Assets 2013: $311,2122013Assets 2014: $1,399,047Liabilities 2014: $904,740Net Assets 2014: $494,3072014Assets 2015: $2,187,652Liabilities 2015: $828,323Net Assets 2015: $1,359,3292015Assets 2016: $290,023Liabilities 2016: $204,263Net Assets 2016: $85,7602016Assets 2017: $879,417Liabilities 2017: $705,728Net Assets 2017: $173,6892017Assets 2018: $758,062Liabilities 2018: $485,282Net Assets 2018: $272,7802018Assets 2019: $9,345,086Liabilities 2019: $8,275,712Net Assets 2019: $1,069,3742019Assets 2020: $11,349,706Liabilities 2020: $10,368,892Net Assets 2020: $980,8142020Assets 2021: $11,000,134Liabilities 2021: $10,116,105Net Assets 2021: $884,0292021Assets 2022: $10,789,261Liabilities 2022: $10,141,983Net Assets 2022: $647,2782022Assets 2023: $10,542,561Liabilities 2023: $10,021,401Net Assets 2023: $521,1602023Assets 2024: $10,413,569Liabilities 2024: $9,993,187Net Assets 2024: $420,3822024

Highlighted filing

2023

Assets$10,542,561
Liabilities$10,021,401
Net Assets$521,160

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $79,4912012Expenses 2013: $636,9652013Revenue 2014: $1,417,994Expenses 2014: $1,234,899Net Income 2014: $183,0952014Revenue 2015: $3,197,320Expenses 2015: $2,332,298Net Income 2015: $865,0222015Revenue 2016: $3,559,308Expenses 2016: $4,832,876Net Income 2016: -$1,273,5682016Revenue 2017: $3,903,867Expenses 2017: $3,815,938Net Income 2017: $87,9292017Revenue 2018: $608,246Expenses 2018: $509,155Net Income 2018: $99,0912018Revenue 2019: $1,169,974Expenses 2019: $373,380Net Income 2019: $796,5942019Revenue 2020: $1,118,005Expenses 2020: $1,206,565Net Income 2020: -$88,5602020Revenue 2021: $1,076,743Expenses 2021: $1,133,862Net Income 2021: -$57,1192021Revenue 2022: $865,589Expenses 2022: $1,102,340Net Income 2022: -$236,7512022Revenue 2023: $920,280Expenses 2023: $1,046,398Net Income 2023: -$126,1182023Revenue 2024: $966,206Expenses 2024: $1,066,984Net Income 2024: -$100,7782024

Highlighted filing

2023

Revenue$920,280
Expenses$1,046,398
Net Income-$126,118
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 8, 2024
Return Version
2022v5.0
Gross Receipts
$920,280
Mission and Program Overview

Mission

To provide fundraising and facilities support to Thrive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,391,562$10,124,076▼ $267,486
Cash and Non-Interest-Bearing Accounts$397,699$418,485▲ $20,786
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$10,789,261$10,542,561▼ $246,700
Other Assets Total-$0-
Liabilities
Other Liabilities$10,007,809$9,887,227▼ $120,582
Accounts Payable and Accrued Expenses$134,174$134,174→ $0
Total Liabilities$10,141,983$10,021,401▼ $120,582
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$647,278$521,160▼ $126,118
Total Net Assets Fund Balance$647,278$521,160▼ $126,118
Total Liabilities and Net Assets / Fund Balance$10,789,261$10,542,561▼ $246,700

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,382,876$1,037,754$10,420,630
Land$741,200-$741,200
Equipment-$430,213$430,213
Other Land Buildings-$266,113$266,113
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wendy DanielsBoard Chair
Angelle TerryBoard Member
Steven LeBlancSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Thrive FoundationRent2585 Brightside Dr, Baton Rouge, LA 70820-
Revenue and Support

Revenue Composition

Contributions and Grants
$86
Program Service Revenue
$920,194
Investment Income
$0
Other Revenue
$0
All Other Contributions
$86
Change in Net Assets
$-126,118

Audited Revenue Reconciliation

Revenue per Audited Statements
$920,280
Total Revenue per Audited Statements
$920,280
Total Revenue per Form 990
$920,280
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,046,398
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$260,508$86,836-$347,344
Depreciation Depletion$213,990$53,497-$267,487
Fees for Services Other$7,500$2,500-$10,000
Other Expenses$433$108-$541
Total Functional Expenses$819,252$227,146$0$1,046,398

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,046,398
Total Expenses per Audited Statements$1,046,398
Total Expenses per Form 990$1,046,398
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Long term debt$9,875,977
Due to TF$11,250
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
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
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization delegated management duties to 4th sector solutions, inc.

Form 990, Part VI, Section B, Line 11B

A copy of the completed form 990 is provided to the organization's governing body before being filed with the irs.

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

Each board member has to complete and sign a conflict of interset policy questionnaire each year and disclose any potential conflicts of interest.

Form 990, Part VI, Section C, Line 19

The organization has made all governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Thrive Baton Rouge
EIN
27-5473721
Phone
2257263355
Address
2585 Brightside Drive, Baton Rouge, LA 70820

Signing Officer

Name
Wendy Daniels
Title
Board Chair
Signed
2024-05-08
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
La
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Daigrepont & Brian a Prof Acct Corp
Address
910 S ACADIAN THRUWAY, BATON ROUGE, LA 70806
Preparer
John M Goodwin CPA
Phone
2259273760
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt010589
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0184529
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0214360
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01061430
IRS990ScheduleA/Total509Grp/TotalAmt01470994
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0920280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0865589
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01076743
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01118005
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01061430
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05042047
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt09382876
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01037754
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010420630
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0430213
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0430213
IRS990ScheduleD/ExpensesSubtotalAmt01046398
IRS990ScheduleD/LandGrp/BookValueAmt0741200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0741200
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0266113
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0266113
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19875977
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to TF
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Long term debt
IRS990ScheduleD/RevenueSubtotalAmt0920280
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010124076
IRS990ScheduleD/TotalExpensesPerForm990Amt01046398
IRS990ScheduleD/TotalLiabilityAmt09887227
IRS990ScheduleD/TotalRevenuePerForm990Amt0920280
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0920280
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01046398
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATED MANAGEMENT DUTIES TO 4TH SECTOR SOLUTIONS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE COMPLETED FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH BOARD MEMBER HAS TO COMPLETE AND SIGN A CONFLICT OF INTERSET POLICY QUESTIONNAIRE EACH YEAR AND DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS MADE ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THRIVE FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Thrive Academy
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0464134463
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Provide support for the Thrive BR School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1The school provided support by Thrive BR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02585 Brightside Dr
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt12585 Brightside Dr
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Baton Rouge
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Baton Rouge
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd070820
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd170820
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010789261
IRS990/TotalAssetsEOYAmt010542561
IRS990/TotalAssetsGrp/BOYAmt010789261
IRS990/TotalAssetsGrp/EOYAmt010542561
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt086
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0227146
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0819252
IRS990/TotalFunctionalExpensesGrp/TotalAmt01046398
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010141983
IRS990/TotalLiabilitiesEOYAmt010021401
IRS990/TotalLiabilitiesGrp/BOYAmt010141983
IRS990/TotalLiabilitiesGrp/EOYAmt010021401
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0647278
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0521160
IRS990/TotalProgramServiceExpensesAmt0819252
IRS990/TotalProgramServiceRevenueAmt0920194
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0920194
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0920280
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010789261
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010542561
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt02585 Brightside Drive
IRS990/USAddress/CityNm0Baton Rouge
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070820
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.THRIVEBR.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.4$9.99$0.42$0.97$1.07$0.10
2023Detailed filing. Detailed filing data is available for this year.$10.5$10.0$0.52$0.92$1.05$0.13
2022Detailed filing. Detailed filing data is available for this year.$10.8$10.1$0.65$0.87$1.10$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$10.1$0.88$1.08$1.13$0.06
2020Detailed filing. Detailed filing data is available for this year.$11.3$10.4$0.98$1.12$1.21$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.35$8.28$1.07$1.17$0.37$0.80
2018Detailed filing. Detailed filing data is available for this year.$0.76$0.49$0.27$0.61$0.51$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.88$0.71$0.17$3.90$3.82$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.20$0.09$3.56$4.83$1.27
2015Detailed filing. Detailed filing data is available for this year.$2.19$0.83$1.36$3.20$2.33$0.87
2014Detailed filing. Detailed filing data is available for this year.$1.40$0.90$0.49$1.42$1.23$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.05$0.31$0.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.18$0.16$0.08