Civic Intelligence

Thriving Inc

990 • Fiscal year 2019 • EIN 45-2317740

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

1755 N 13th St Lower Level Box 167Philadelphia, PA 19122

(215) 769-7000

Siviq Scores

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

Liabilities / Assets

97th percentile

2.31x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

77th percentile

0.04x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

29th percentile

-5.4%

Higher net margin than 29% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

88th percentile

$33,902

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

13th percentile

-36%

Faster asset growth than 13% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

53rd percentile

3.2%

Faster revenue growth than 53% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$3,863

Down $2,207 (-36%) from 2018

Net Assets

Down

-$5,070

Down $11,140 (-184%) from 2018

Liabilities

Up

$8,933

Up $8,933 from 2018

Revenue

Up

$204,459

Up $6,249 (+3.2%) from 2018

Expenses

Down

$215,599

Down $43,412 (-17%) from 2018

Net Income

Up

-$11,140

Up $49,661 (+82%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2017: $67,353Liabilities 2017: $0Net Assets 2017: $67,3532017Assets 2018: $6,070Liabilities 2018: $0Net Assets 2018: $6,0702018Assets 2019: $3,863Liabilities 2019: $8,933Net Assets 2019: -$5,0702019Assets 2020: $3,684Liabilities 2020: $580Net Assets 2020: $3,1042020Assets 2021: $10,808Liabilities 2021: $880Net Assets 2021: $9,9282021Assets 2022: $13,340Liabilities 2022: $1,006Net Assets 2022: $12,3342022Assets 2023: $113,749Liabilities 2023: $67,328Net Assets 2023: $46,4212023Assets 2024: $18,274Liabilities 2024: $2,933Net Assets 2024: $15,3412024

Highlighted filing

2019

Assets$3,863
Liabilities$8,933
Net Assets-$5,070

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $152,465Expenses 2017: $133,767Net Income 2017: $18,6982017Revenue 2018: $198,210Expenses 2018: $259,011Net Income 2018: -$60,8012018Revenue 2019: $204,459Expenses 2019: $215,599Net Income 2019: -$11,1402019Revenue 2020: $15,636Expenses 2020: $7,472Net Income 2020: $8,1642020Revenue 2021: $9,396Expenses 2021: $2,572Net Income 2021: $6,8242021Revenue 2022: $8,023Expenses 2022: $5,617Net Income 2022: $2,4062022Revenue 2023: $51,463Expenses 2023: $17,376Net Income 2023: $34,0872023Revenue 2024: $126,507Expenses 2024: $157,587Net Income 2024: -$31,0802024

Highlighted filing

2019

Revenue$204,459
Expenses$215,599
Net Income-$11,140
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$204,459
Mission and Program Overview

Mission

We disciple leaders by the strength of Christ who become Biblically qualified in Character, Family health, Gifting and a commitment to Theological depth. Our desire is to see the word of God produce ministry in the city that flourishes in biblical health. Our desire is for contexts that have been neglected of viable gospel witnesses to be intentionally targeted for ministry.

Thriving exists to equip urban missionaries for comprehensive global urban ministry through, for, and from the local church. We are biblically based, theologically rich, historically rooted, Christ-centered, Spirit-guided, justice-oriented, missiologically driven, and tailored to the needs of people of color in our efforts to proclaim and practice the multifaceted wisdom of God for the underserved areas of cities and towns. For us, we want to promote the growth of scholarly practitioners for undeserved urban environments by training leaders to have a robust love for Jesus and people!

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,341$3,377▼ $1,964
Land, Buildings, and Equipment, Net$729$486▼ $243
Total Assets$6,070$3,863▼ $2,207
Liabilities
Total Liabilities$0$8,933▲ $8,933
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,070$-5,070▼ $11,140
Total Net Assets Fund Balance$6,070$-5,070▼ $11,140
Total Liabilities and Net Assets / Fund Balance$6,070$3,863▼ $2,207

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$486$243$729
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ladesha AlburyDirector of OperationsFT$33,902$33,902
Jalaylia WharwoodFinancial ManagerPT$10,000$10,000
Dr Eric MasonPresidentPT$6,500$6,500

Board Members and Trustees

NameTitle
Blake WilsonBoard Member
Douglas LoganBoard Member
Jerome GayBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$122,157
Program Service Revenue
$53,388
Investment Income
$163
Other Revenue
$28,751
All Other Contributions
$122,157
Change in Net Assets
$-11,140
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$176,657
Salaries, Compensation, and Employee Benefits$38,942
Total Fundraising Expense$18
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$168,684$169-$168,853
Current Officers, Directors, Trustees, and Key Employees-$38,942-$38,942
Fees for Services Legal-$4,200-$4,200
Office Expenses-$2,922-$2,922
Travel-$421-$421
Depreciation Depletion-$243-$243
Other Expenses--$18$18
Total Functional Expenses$168,684$46,897$18$215,599
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 8B

Minutes are taken at each Board meeting and kept in rentention by the Organization.

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

An electronic copy of the draft 990 is made available to the Board of Directors to review.

Form 990, Part VI, Section B, line 15

Compensation is decided by the Board.

Form 990, Part VI, Section C, line 18

Governing documents, policy statements and financials are made availale to the public upon request.

Form 990, Part VI, Section C, line 19

Governing documents, policy statements and financials are made availale to the public upon request.

Filing and Contact Details

Filer

Filer Name
Thriving Inc
EIN
45-2317740
Phone
2157697000
Address
1755 N 13th St Lower Level Box 167, Philadelphia, PA 19122

Signing Officer

Name
Pastor Eric Mason
Title
President
Phone
2157697000
Signed
2020-11-16

Organization Details

Formed
2012
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
J Miller & Associates
Address
1617 John F Kennedy Blvd, Philadelphia, PA 19103
Preparer
LaVon Chancy
Phone
2156001701
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Minutes are taken at each Board meeting and kept in rentention by the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1An electronic copy of the draft 990 is made available to the Board of Directors to review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation is decided by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents, policy statements and financials are made availale to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, policy statements and financials are made availale to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01755 N 13th St Lower Level Box 167
IRS990/USAddress/CityNm0Philadelphia
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019122
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0https://thrivingfrequency.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Pastor Eric Mason
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02157697000
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Thriving Inc
ReturnHeader/Filer/BusinessNameControlTxt0THRI
ReturnHeader/Filer/EIN0452317740
ReturnHeader/Filer/PhoneNum02157697000
ReturnHeader/Filer/USAddress/AddressLine1Txt01755 N 13th St Lower Level Box 167
ReturnHeader/Filer/USAddress/CityNm0Philadelphia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019122
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId099DCE3EA9A2856B5CF7BA18FC2A7564A7A32D245
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.248.102.87
ReturnHeader/FilingSecurityInformation/IPDt02020-11-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm015:45:54
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272001590
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0J MILLER & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01617 John F Kennedy Blvd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Philadelphia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019103
ReturnHeader/PreparerPersonGrp/PhoneNum02156001701
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LaVon Chancy
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-11-16T15:45:58-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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