Civic Intelligence

Thrive Chicago Nfp

EIN 47-2478889 • 501(c)3 • Atlanta, GA

Profile

Thrive chicago's mission is to prepare chicago's youth for a vibrant future by aligning efforts and outcomes from cradle to career.

2090 Butler Way NWAtlanta, GA 30318

www.thrivechi.org

Siviq Scores

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

Liabilities / Assets

98th percentile

9.98x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

100th percentile

44.48x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

2nd percentile

-1976%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

10th percentile

-90%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$14,755

Down $129,841 (-90%) from 2023

Liabilities

Down

$147,230

Down $64,436 (-30%) from 2023

Net Assets

Down

-$132,475

Down $65,405 (-98%) from 2023

Revenue

Down

$3,310

Down $1,276,121 (-100%) from 2023

Expenses

Down

$68,715

Down $1,909,169 (-97%) from 2023

Net Income

Up

-$65,405

Up $633,048 (+91%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2015: $684,772Liabilities 2015: $45,545Net Assets 2015: $639,2272015Assets 2016: $1,102,715Liabilities 2016: $87,377Net Assets 2016: $1,015,3382016Assets 2017: $1,497,427Liabilities 2017: $89,323Net Assets 2017: $1,408,1042017Assets 2018: $1,253,393Liabilities 2018: $233,309Net Assets 2018: $1,020,0842018Assets 2019: $2,395,799Liabilities 2019: $388,954Net Assets 2019: $2,006,8452019Assets 2020: $3,319,263Liabilities 2020: $604,578Net Assets 2020: $2,714,6852020Assets 2021: $2,344,928Liabilities 2021: $324,748Net Assets 2021: $2,020,1802021Assets 2022: $943,781Liabilities 2022: $312,397Net Assets 2022: $631,3842022Assets 2023: $144,596Liabilities 2023: $211,666Net Assets 2023: -$67,0702023Assets 2024: $14,755Liabilities 2024: $147,230Net Assets 2024: -$132,4752024

Highlighted filing

2024

Assets$14,755
Liabilities$147,230
Net Assets-$132,475

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $1,450,813Expenses 2015: $811,586Net Income 2015: $639,2272015Revenue 2016: $1,608,800Expenses 2016: $1,232,689Net Income 2016: $376,1112016Revenue 2017: $2,217,288Expenses 2017: $1,824,522Net Income 2017: $392,7662017Revenue 2018: $2,434,066Expenses 2018: $2,822,086Net Income 2018: -$388,0202018Revenue 2019: $3,967,298Expenses 2019: $4,174,537Net Income 2019: -$207,2392019Revenue 2020: $5,793,977Expenses 2020: $5,086,137Net Income 2020: $707,8402020Revenue 2021: $4,645,031Expenses 2021: $5,339,536Net Income 2021: -$694,5052021Revenue 2022: $2,146,619Expenses 2022: $3,535,415Net Income 2022: -$1,388,7962022Revenue 2023: $1,279,431Expenses 2023: $1,977,884Net Income 2023: -$698,4532023Revenue 2024: $3,310Expenses 2024: $68,715Net Income 2024: -$65,4052024

Highlighted filing

2024

Revenue$3,310
Expenses$68,715
Net Income-$65,405

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 16, 2025
Return Version
2024v5.1
Gross Receipts
$3,310
Mission and Program Overview

Mission

Thrive Chicago's mission is to prepare Chicago's youth for a vibrant future by aligning efforts and outcomes from cradle to career

Thrive chicago's mission is to prepare chicago's youth for a vibrant future by aligning efforts and outcomes from cradle to career.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$133,494$11,209▼ $122,285
Prepaid Expenses and Deferred Charges$4,140$0▼ $4,140
Land, Buildings, and Equipment, Net$6,962$3,546▼ $3,416
Total Assets$144,596$14,755▼ $129,841
Liabilities
Accounts Payable and Accrued Expenses$211,666$147,230▼ $64,436
Total Liabilities$211,666$147,230▼ $64,436
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-67,070$-132,475▼ $65,405
Total Net Assets Fund Balance$-67,070$-132,475▼ $65,405
Total Liabilities and Net Assets / Fund Balance$144,596$14,755▼ $129,841

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,546$24,929$28,475
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tim SchwertfegerBoard Chair
Melissa MooreVice President of Finance
David HillerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,310
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,310
Change in Net Assets
$-65,405
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$68,715
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
Fees for Services Accounting-$46,401-$46,401
Depreciation Depletion-$3,416-$3,416
Fees for Services Other-$3,253-$3,253
Information Technology-$2,919-$2,919
Other Expenses-$1,337-$1,337
Total Functional Expenses$0$68,715$0$68,715
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
Annual disclosure for covered persons
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

After the form 990 is completed, the tax return is reviewed by both the treasurer of thrive chicago and legal counsel. Once the treasurer is satisfied that the return has been prepared accurately in accordance with irs instructions, a copy is sent to all board members for their review.

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

Thrive chicago's policy requires that conflict of interest disclosure statements must be completed each year by all employees, officers, and directors and returned to the chair of the board for review. If the chair of the board determines that there is in fact a conflict of interest involving an employee or officer, the matter is disclosed to the board of directors for resolution. Conflicts involving a board member are handled in a similar manner, with the individual disclosing the conflict abstaining from any vote on the matter.

Form 990, Part VI, Section B, Line 15

Compensation recommendations are reviewed by the board in conjunction with the annual budget process and are based on employee performance, inflationary figures, and budget constraints. Board approval/disapproval of recommended salaries is documented in the minutes as approval/disapproval of the annual budget.

Form 990, Part VI, Section C, Line 19

Thrive chicago's governing documents, conflicts of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Thrive Chicago Nfp
EIN
47-2478889
Phone
3124455193
Address
2090 BUTLER WAY NW, ATLANTA, GA 30318

Signing Officer

Name
David Hiller
Title
Past President (retired)
Phone
7739042989
Signed
2025-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Hiller
Formed
2014
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Selden Fox Ltd
Address
ONE PARKVIEW PLAZA SUITE 710, OAKBROOK TERRACE, IL 60181
Preparer
Brian J Eagan
Phone
6309541400
Raw XML Appendix306 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AFTER THE FORM 990 IS COMPLETED, THE TAX RETURN IS REVIEWED BY BOTH THE TREASURER OF THRIVE CHICAGO AND LEGAL COUNSEL. ONCE THE TREASURER IS SATISFIED THAT THE RETURN HAS BEEN PREPARED ACCURATELY IN ACCORDANCE WITH IRS INSTRUCTIONS, A COPY IS SENT TO ALL BOARD MEMBERS FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THRIVE CHICAGO'S POLICY REQUIRES THAT CONFLICT OF INTEREST DISCLOSURE STATEMENTS MUST BE COMPLETED EACH YEAR BY ALL EMPLOYEES, OFFICERS, AND DIRECTORS AND RETURNED TO THE CHAIR OF THE BOARD FOR REVIEW. IF THE CHAIR OF THE BOARD DETERMINES THAT THERE IS IN FACT A CONFLICT OF INTEREST INVOLVING AN EMPLOYEE OR OFFICER, THE MATTER IS DISCLOSED TO THE BOARD OF DIRECTORS FOR RESOLUTION. CONFLICTS INVOLVING A BOARD MEMBER ARE HANDLED IN A SIMILAR MANNER, WITH THE INDIVIDUAL DISCLOSING THE CONFLICT ABSTAINING FROM ANY VOTE ON THE MATTER.
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IRS990/USAddress/CityNm0ATLANTA
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030318
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.THRIVECHI.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID HILLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PAST PRESIDENT (RETIRED)
ReturnHeader/BusinessOfficerGrp/PhoneNum07739042989
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THRIVE CHICAGO NFP
ReturnHeader/Filer/BusinessNameControlTxt0THRI
ReturnHeader/Filer/EIN0472478889
ReturnHeader/Filer/PhoneNum03124455193
ReturnHeader/Filer/USAddress/AddressLine1Txt02090 BUTLER WAY NW
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030318
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362985770
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SELDEN FOX LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE PARKVIEW PLAZA SUITE 710
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAKBROOK TERRACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060181
ReturnHeader/PreparerPersonGrp/PhoneNum06309541400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN J EAGAN
ReturnHeader/ReturnTs02025-11-13T08:49:09-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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