Civic Intelligence

Thrive Networks Global

EIN 33-0316095 • 501(c)3 • San Francisco, CA

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Profile

Thrive Networks' expertise is built on over 30 years of experience of designing, testing, and implementing cutting-edge, evidence-based programs in water supply, sanitation and hygiene WASH, economic empowerment, gender equity, healthy cities and resilient community development to serve underserved populations in Southeast Asia, using innovating financing and service delivery models.

PO Box 191226San Francisco, CA 94119

www.thrivenetworks.org

Siviq Scores

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

Liabilities / Assets

55th percentile

0.09x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.10x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

60th percentile

9.8%

Higher net margin than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

36th percentile

-0.4%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

54th percentile

9.1%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$1,576,483

Down $61,843 (-3.8%) from 2023

Liabilities

Down

$148,321

Down $207,486 (-58%) from 2023

Net Assets

Up

$1,428,162

Up $145,643 (+11%) from 2023

Operations
Liabilities / Revenue54th percentileNet Margin60th percentile

Revenue

Down

$1,490,852

Down $374,736 (-20%) from 2023

Expenses

Down

$1,345,209

Down $530,358 (-28%) from 2023

Net Income

Up

$145,643

Up $155,622 (+1559%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth36th percentile

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

$30M$20M$10M$0Assets 2010: $27,225,174Liabilities 2010: $855,737Net Assets 2010: $26,369,4372010Assets 2020: $2,141,072Liabilities 2020: $423,508Net Assets 2020: $1,717,5642020Assets 2021: $3,206,064Liabilities 2021: $429,241Net Assets 2021: $2,776,8232021Assets 2022: $1,590,564Liabilities 2022: $298,066Net Assets 2022: $1,292,4982022Assets 2023: $1,638,326Liabilities 2023: $355,807Net Assets 2023: $1,282,5192023Assets 2024: $1,576,483Liabilities 2024: $148,321Net Assets 2024: $1,428,1622024

Highlighted filing

2024

Assets$1,576,483
Liabilities$148,321
Net Assets$1,428,162
Open 2024 Filing

Operations Trend

Revenue Growth54th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $13,371,5132010Revenue 2020: $3,200,369Expenses 2020: $3,375,290Net Income 2020: -$174,9212020Revenue 2021: $3,990,664Expenses 2021: $2,931,405Net Income 2021: $1,059,2592021Revenue 2022: $1,253,099Expenses 2022: $2,737,424Net Income 2022: -$1,484,3252022Revenue 2023: $1,865,588Expenses 2023: $1,875,567Net Income 2023: -$9,9792023Revenue 2024: $1,490,852Expenses 2024: $1,345,209Net Income 2024: $145,6432024

Highlighted filing

2024

Revenue$1,490,852
Expenses$1,345,209
Net Income$145,643
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,576,483
Liabilities
$148,321
Net assets
$1,428,162
Revenue
$1,490,852
Expenses
$1,345,209
Net income
$145,643
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.58$0.15$1.43$1.49$1.35$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.64$0.36$1.28$1.87$1.88$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.59$0.30$1.29$1.25$2.74$1.48
2021Detailed filing. Detailed filing data is available for this year.$3.21$0.43$2.78$3.99$2.93$1.06
2020Detailed filing. Detailed filing data is available for this year.$2.14$0.42$1.72$3.20$3.38$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.2$0.86$26.4$13.4
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 29, 2025
Return Version
2024v5.2
Gross Receipts
$1,535,100
Mission and Program Overview

Mission

Thrive Networks' expertise is built on over 30 years of experience of designing, testing, and implementing cutting-edge, evidence-based programs in water supply, sanitation and hygiene WASH, economic empowerment, gender equity, healthy cities and resilient community development to serve underserved populations in Southeast Asia, using innovating financing and service delivery models.

Thrive Networks' mission is to improve the health and wellbeing of underserved communities in Southeast Asia by working in concert with the public and private sectors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,164,940$1,026,194▼ $138,746
Cash and Non-Interest-Bearing Accounts$462,792$539,722▲ $76,930
Prepaid Expenses and Deferred Charges$10,594$10,567▼ $27
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,638,326$1,576,483▼ $61,843
Other Assets Total-$0-
Liabilities
Other Liabilities$212,349$141,545▼ $70,804
Accounts Payable and Accrued Expenses$143,458$6,776▼ $136,682
Total Liabilities$355,807$148,321▼ $207,486
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,255,673$1,423,277▲ $167,604
Net Assets Without Donor Restrictions$26,846$4,885▼ $21,961
Total Net Assets Fund Balance$1,282,519$1,428,162▲ $145,643
Total Liabilities and Net Assets / Fund Balance$1,638,326$1,576,483▼ $61,843

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$13,500$13,500
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thuy NgoExecutive DirectorPT$73,020$10,176$83,196

Board Members and Trustees

NameTitle
Melinda GriffithChairman
Carrie Eglinton MannerDirector
Gil KempDirector
Joan MorseDirector
Lynn FodenDirector
Matthew KurshDirector
Paul RubensDirector
Peter de CastroSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,490,143
Program Service Revenue
$0
Investment Income
$4,515
Other Revenue
$-3,806
All Other Contributions
$1,097,878
Change in Net Assets
$145,643

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded156$44,953Fair Market Value (FMV)
Total Noncash Contributions156$44,953-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,490,852
Total Revenue per Audited Statements
$1,490,852
Total Revenue per Form 990
$1,490,852
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$817,818
Salaries, Compensation, and Employee Benefits$509,806
Total Fundraising Expense$28,100
Grants and Similar Amounts Paid$17,585
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$281,146$92,468$1,361$374,975
Current Officers, Directors, Trustees, and Key Employees$27,455$39,102$16,639$83,196
Travel$72,261$4,255$2,016$78,532
Fees for Services Accounting$29,500$35,650-$65,150
Payroll Taxes$7,700$23,151$1,390$32,241
Occupancy$17,730$11,208-$28,938
Foreign Grants$17,585--$17,585
Office Expenses$3,188$8,341$4,088$15,617
Other Employee Benefits$5,882$7,604$1,995$15,481
Fees for Services Other$380$9,692-$10,072
Insurance-$9,164-$9,164
Conferences and Meetings$6,459$535$44$7,038
Pension Plan Contributions$1,903$1,462$548$3,913
Information Technology$1,310$2,451-$3,761
Fees for Services Legal-$667-$667
Other Expenses$1,106$-48,797$19$-48,797
Total Functional Expenses$1,111,589$205,520$28,100$1,345,209

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,345,209
Total Expenses per Audited Statements$1,345,209
Total Expenses per Form 990$1,345,209
International Activity

International Summary

Offices
3
Employees
15
Spending
$1,110,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East AsiaProgram servicesWater, sanitation & hygiene315$1,016,000
East Asia-Accounting and admin.00$48,000
East AsiaProgram servicesConstruction and other00$46,000
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
Accrued payroll and other benefits$141,545
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Executive Director and all Board Members review Form 990 prior to its filing.”

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

“The standard of behavior at Thrive Networks requires that all employees, volunteers and Board Members scrupulously avoid conflicts of interest between the interest of Thrive Networks on the one hand, and personal, professional business interests on the other hand. This includes avoiding potential conflicts of interest, as well as perceptions of conflicts of interest. All Board Members understand that the purpose of this policy is to protect the integrity of Thrive Networks' decision-making process, enable Thrive Networks' constituencies to have confidence in Thrive Networks integrity, and to protect the integrity and reputation of employees, volunteers, and Board Members. Upon or before election or appointment, Board Members make a full, written disclosure of interest, relationships, and holdings that could potentially result in a conflict of interest with Thrive Networks. All Board Members and relevant employees are required to sign a copy of Thrive Networks' conflict of interest policy. A written disclosure is kept on file and Board members update it as appropriate. In the course of meetings or activities, Board members will disclose any interests in a transaction or decision where Board members including business or other nonprofit affiliations, family, a significant other, or employer for close associates will receive benefit or gain. After disclosure, affected Board members understand that they will be asked to leave the meeting for the discussion and will not be permitted to vote on the issue at question.”

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

“The Compensation Committee reviews and recommends the Executive Director's pay to the Board. As part of their review, the Compensation Committee considers pay for the chief executive of comparable organizations. The Board then approves the Executive Director's pay.”

Form 990, Part VI, Section C, Line 19

“Thrive Networks' governing documents and conflict of interest policy are available upon request. Financial statements are posted on its website at: www.thrivenetworks.org.”

Filing and Contact Details

Filer

Filer Name
Thrive Networks Global
EIN
33-0316095
Phone
5107637045
Address
PO Box 191226, San Francisco, CA 94119

Signing Officer

Name
Thuy Ngo
Title
Executive Director
Signed
2025-10-29

Organization Details

Principal Officer
Thuy Ngo
Formed
1988
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
3
Volunteers
4
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“Thrive Networks assesses its accounting for uncertainties in income taxes recognized in its consolidated financial statements and prescribes a threshold of more likely than not for recognition and derecognition of tax positions taken or expected to be taken in the tax returns. There was no material impact on Thrive Networks' consolidated financial statements as a result of assessing these uncertainties.”

Raw XML AppendixShowing 400 of 550 raw XML fields

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/Desc0Water, Sanitation & Hygiene - A community-based program integrating proven solutions to increase access to clean water and promote better sanitation and hygiene conditions for people in poor, rural areas of Vietnam, Cambodia, and Laos. We work closely with local partners, use innovative financing and incentives, and support community education to stimulate demand for household connections to clean water, hygienic toilets, and the adoption of hygienic behaviors. Our Community-Led Inclusive, Climate Resilient WASH project integrates climate change adaptation knowledge with practical adaption actions at the household and community levels and promote inclusive resilient WASH in Cambodia's climate vulnerable areas. Aiming for transformative and scalable efforts with maximum impact, the approach focuses on reducing impacts and sustainability. The project adopts a mainstream approach to training and education on adaptation, and a targeted approach to implementing WASH adaptation actions that are socially inclusive and gender responsive. It builds on existing efforts of working with the government, private sector businesses, and disability groups develops new collaboration with experts to ensure the project produces data and information that are relevant and influential for the government and community in making decision about community resilience, especially for the most vulnerable. Thrive Networks WASH in Schools program installs water filtration systems and handwashing basins and latrines for kindergartens, primary schools, and secondary schools in rural and mountainous areas where daily living conditions of pupils and teachers are very difficult. The program also aims to raise awareness for school hygiene, and conducted a behavior change campaign promoting handwashing. The Climate Smart School pilot tackles the effects of climate change on education by providing climate adaptation upgrades to infrastructures, and promoting green skills and green lifestyles to students, teachers, and communities in rural areas. Applied research Nearly all of Thrive Networks programs feature a research component that moves beyond traditional process and output monitoring into the realm of impact evaluation. In Thrive Networks sanitation program, for example, there are dedicated resources to understand the relative advantages of individual vs. community-based output incentives, as well as exploring the interaction between smart subsidies and sanitation marketing. Community-scale water systems Thrive Networks has been constructing, rehabilitating, and expanding rural water supply and treatment systems since 1995. The majority are piped village water systems with metered household connections a smaller number are school-based water systems. Upon project completion, Thrive Networks transfers ownership and management responsibilities to government, private, or community operators.
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IRS990/MissionDesc0Thrive Networks' expertise is built on over 30 years of experience of designing, testing, and implementing cutting-edge, evidence-based programs in water supply, sanitation and hygiene WASH, economic empowerment, gender equity, healthy cities and resilient community development to serve underserved populations in Southeast Asia, using innovating financing and service delivery models.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Other Program Services - Our Compassion Homes Program builds climate resilient homes for impoverished families in Vietnam.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Thrive Networks assesses its accounting for uncertainties in income taxes recognized in its consolidated financial statements and prescribes a threshold of more likely than not for recognition and derecognition of tax positions taken or expected to be taken in the tax returns. There was no material impact on Thrive Networks' consolidated financial statements as a result of assessing these uncertainties.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Construction and other

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