Civic Intelligence

Thrive Network

990EZ • Fiscal year 2021 • EIN 38-4068622

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 11, 2022

Organization ProfileN/A
225 N Weber StColorado Springs, CO 80903

(719) 358-2971

Siviq Scores

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

Liabilities / Assets

77th percentile

0.09x

Higher debt load relative to assets than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

79th percentile

0.10x

Higher debt load relative to revenue than 79% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

33rd percentile

-1.6%

Higher net margin than 33% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

42nd percentile

0.1%

Faster asset growth than 42% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

18th percentile

-46%

Faster revenue growth than 18% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$143,037

Up $158 (+0.1%) from 2020

Net Assets

Down

$129,712

Down $2,195 (-1.7%) from 2020

Liabilities

Up

$13,325

Up $2,353 (+21%) from 2020

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin33rd percentile

Revenue

Down

$138,536

Down $119,473 (-46%) from 2020

Expenses

Up

$140,731

Up $11,944 (+9.3%) from 2020

Net Income

Down

-$2,195

Down $131,417 (-102%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$300K$200K$100K$0Assets 2019: $2,685Liabilities 2019: $0Net Assets 2019: $2,6852019Assets 2020: $142,879Liabilities 2020: $10,972Net Assets 2020: $131,9072020Assets 2021: $143,037Liabilities 2021: $13,325Net Assets 2021: $129,7122021Assets 2022: $169,065Liabilities 2022: $6,739Net Assets 2022: $162,3262022Assets 2023: $158,636Liabilities 2023: $2,868Net Assets 2023: $155,7682023Assets 2024: $295,111Liabilities 2024: $129,253Net Assets 2024: $165,8582024

Highlighted filing

2021

Assets$143,037
Liabilities$13,325
Net Assets$129,712
Open 2021 Filing

Operations Trend

Revenue Growth18th percentile

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

$300K$200K$100K$0-$100KRevenue 2019: $159,829Expenses 2019: $157,144Net Income 2019: $2,6852019Revenue 2020: $258,009Expenses 2020: $128,787Net Income 2020: $129,2222020Revenue 2021: $138,536Expenses 2021: $140,731Net Income 2021: -$2,1952021Revenue 2022: $215,663Expenses 2022: $183,049Net Income 2022: $32,6142022Revenue 2023: $233,326Expenses 2023: $239,884Net Income 2023: -$6,5582023Revenue 2024: $280,673Expenses 2024: $270,583Net Income 2024: $10,0902024

Highlighted filing

2021

Revenue$138,536
Expenses$140,731
Net Income-$2,195
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 11, 2022
Return Version
2021v4.0
Gross Receipts
$138,536
Mission and Program Overview

Mission

To train and equip residents in southeast colorado springs with an entrepreneurial mindset and skill.

To train and equip residents in Southeast Colorado Springs with an entrepreneurial mindset and skills.

Program Services

DescriptionGrantsExpenses
Weekly Class Instruction on Business Creation, Incubation, and Acceleration, Individualized Business Coaching, Business Consultation Services, Entrepreneurial Mentoring Program, Entrepreneurial Networking Program,Community-Based Marketing Events for local business growth, and Ongoing business support services--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Blessing Yemi MoboladeExecutive DirectorFT$0--
Felicia BarberaChairmanPT$0--
Terry ZarskySecretaryPT$0--
Jariah WalkerBoard MemberPT$0--
Cory ArcareseBoard MemberPT$0--
Heather McBroomTreasurerPT$0--
Greg SheldonBoard MemberPT$0--
Latrina OllieBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
The Thrive Network
EIN
38-4068622
Phone
7193582971
Address
225 N WEBER ST, COLORADO SPRINGS, CO 80903

Signing Officer

Name
Blessing Yemi Mobolade
Title
Executive Director
Signed
2022-04-11
Discuss with paid preparer
Yes

Preparer

Firm
Pikes Peak Financial Group Inc
Address
6020 Erin Park Dr Suite C, Colorado Springs, CO 80918
Preparer
Brad Whitten CPA Cva
Phone
7195971533
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $12796”

Other Expenses.1002

“Office Expenses $1699”

Other Expenses.1012

“Insurance $3562”

Other Expenses.1

“WEBSITE $8106”

Other Expenses.2

“company events $6227”

Other Expenses.3

“Dues & subscriptions $3685”

Other Expenses.4

“PROGRAM EXPENSES $2294”

Other Expenses.5

“SUPPLIES $1406”

Other Expenses.6

“GIFTS $584”

Other Expenses.7

“PAYROLL EXPENSES $303”

Other Expenses.8

“Bank service charges $125”

Other Expenses.9

“Business registration fee $110”

Total Liabilities.1

“OTHER CURRENT LIABILITIES - Beginning $972 OTHER CURRENT LIABILITIES - Ending $3325”

Total Liabilities.2

“SURVIVE TO THRIVE COS LOAN - Beginning $10000 SURVIVE TO THRIVE COS LOAN - Ending $10000”

Raw XML Appendix183 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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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt040897
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0To train and equip residents in Southeast Colorado Springs with an entrepreneurial mindset and skills.
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $12796
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1699
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $3562
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WEBSITE $8106
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4company events $6227
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DUES & SUBSCRIPTIONS $3685
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROGRAM EXPENSES $2294
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SUPPLIES $1406
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8GIFTS $584
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10BANK SERVICE CHARGES $125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11BUSINESS REGISTRATION FEE $110
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12OTHER CURRENT LIABILITIES - Beginning $972 OTHER CURRENT LIABILITIES - Ending $3325
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13SURVIVE TO THRIVE COS LOAN - Beginning $10000 SURVIVE TO THRIVE COS LOAN - Ending $10000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Total Liabilities.1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Blessing Yemi Mobolade
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Thrive Network
ReturnHeader/Filer/BusinessNameControlTxt0THRI
ReturnHeader/Filer/EIN0384068622
ReturnHeader/Filer/PhoneNum07193582971
ReturnHeader/Filer/USAddress/AddressLine1Txt0225 N WEBER ST
ReturnHeader/Filer/USAddress/CityNm0COLORADO SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080903
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0320363177
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Pikes Peak Financial Group Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06020 Erin Park Dr Suite C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Colorado Springs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080918
ReturnHeader/PreparerPersonGrp/PhoneNum07195971533
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRAD WHITTEN CPA CVA
ReturnHeader/ReturnTs02022-04-11T15:49:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Blessing Yemi
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Mobolade
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$143,037
Liabilities
$13,325
Net assets
$129,712
Revenue
$138,536
Expenses
$140,731
Net income
-$2,195
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$1.29$1.66$2.81$2.71$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.03$1.56$2.33$2.40$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.07$1.62$2.16$1.83$0.33
2021Detailed filing. Detailed filing data is available for this year.$1.43$0.13$1.30$1.39$1.41$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.11$1.32$2.58$1.29$1.29
2019Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.60$1.57$0.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits