Civic Intelligence

Thrive Ministries Inc.

990 • Fiscal year 2020 • EIN 47-3929831

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 03, 2021

3530 Seaman RdOregon, OH 43616

(419) 691-6313

Siviq Scores

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

Liabilities / Assets

90th percentile

0.93x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

2.07x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

70th percentile

15%

Higher net margin than 70% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

26th percentile

$56,585

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

48th percentile

5.6%

Faster asset growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

41st percentile

-1.8%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$5,083,458

Up $267,751 (+5.6%) from 2019

Net Assets

Up

$330,915

Up $351,474 (+1710%) from 2019

Liabilities

Down

$4,752,543

Down $83,723 (-1.7%) from 2019

Revenue

Down

$2,294,775

Down $41,803 (-1.8%) from 2019

Expenses

Down

$1,943,301

Down $331,315 (-15%) from 2019

Net Income

Up

$351,474

Up $289,512 (+467%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2015: $5,286,610Liabilities 2015: $5,290,058Net Assets 2015: -$3,4482015Assets 2016: $5,189,167Liabilities 2016: $5,249,903Net Assets 2016: -$60,7362016Assets 2017: $4,937,361Liabilities 2017: $5,033,777Net Assets 2017: -$96,4162017Assets 2018: $4,752,940Liabilities 2018: $4,835,461Net Assets 2018: -$82,5212018Assets 2019: $4,815,707Liabilities 2019: $4,836,266Net Assets 2019: -$20,5592019Assets 2020: $5,083,458Liabilities 2020: $4,752,543Net Assets 2020: $330,9152020Assets 2021: $5,208,902Liabilities 2021: $4,650,498Net Assets 2021: $558,4042021Assets 2022: $5,642,115Liabilities 2022: $4,531,800Net Assets 2022: $1,110,3152022Assets 2023: $5,620,022Liabilities 2023: $4,563,953Net Assets 2023: $1,056,0692023Assets 2024: $5,228,063Liabilities 2024: $4,370,224Net Assets 2024: $857,8392024

Highlighted filing

2020

Assets$5,083,458
Liabilities$4,752,543
Net Assets$330,915

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $157,719Expenses 2015: $161,167Net Income 2015: -$3,4482015Revenue 2016: $2,057,393Expenses 2016: $2,114,681Net Income 2016: -$57,2882016Revenue 2017: $2,080,672Expenses 2017: $2,116,352Net Income 2017: -$35,6802017Revenue 2018: $2,244,184Expenses 2018: $2,230,289Net Income 2018: $13,8952018Revenue 2019: $2,336,578Expenses 2019: $2,274,616Net Income 2019: $61,9622019Revenue 2020: $2,294,775Expenses 2020: $1,943,301Net Income 2020: $351,4742020Revenue 2021: $2,361,058Expenses 2021: $2,133,569Net Income 2021: $227,4892021Revenue 2022: $3,169,187Expenses 2022: $2,617,276Net Income 2022: $551,9112022Revenue 2023: $2,959,891Expenses 2023: $3,014,138Net Income 2023: -$54,2472023Revenue 2024: $2,950,551Expenses 2024: $3,148,781Net Income 2024: -$198,2302024

Highlighted filing

2020

Revenue$2,294,775
Expenses$1,943,301
Net Income$351,474
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 3, 2021
Return Version
2020v4.1
Gross Receipts
$2,303,991
Mission and Program Overview

Mission

Faith-based education and care of children

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,446,780$4,323,326▼ $123,454
Cash and Non-Interest-Bearing Accounts$246,407$456,946▲ $210,539
Accounts Receivable$57,451$245,151▲ $187,700
Intangible Assets$65,069$58,035▼ $7,034
Total Assets$4,815,707$5,083,458▲ $267,751
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,779,789$4,700,718▼ $79,071
Accounts Payable and Accrued Expenses$56,477$51,825▼ $4,652
Total Liabilities$4,836,266$4,752,543▼ $83,723
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-20,559$330,915▲ $351,474
Total Net Assets Fund Balance$-20,559$330,915▲ $351,474
Total Liabilities and Net Assets / Fund Balance$4,815,707$5,083,458▲ $267,751

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,075,836$763,702$3,839,538
Land$1,203,600-$1,203,600
Equipment$43,890$218,195$262,085
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Beth GuerretteExecutive AdministratorFT$56,585$56,585

Board Members and Trustees

NameTitle
Jeff BursonPresident
Craig BishopTrustee
Deanna KohlhoferTrustee
Jeffrey BraatzTrustee
Terrie JensenSecretary
Mike WaltersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$312,233
Program Service Revenue
$1,871,036
Investment Income
$810
Other Revenue
$110,696
Change in Net Assets
$351,474
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,152,108
Other Expenses$791,193
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$981,227$18,157-$999,384
Interest$157,322$27,763-$185,085
Depreciation Depletion$164,657$16,209-$180,866
Payroll Taxes$91,428$4,711-$96,139
Occupancy$59,903$19,978-$79,881
All Other Expenses$66,949$12,461-$79,410
Current Officers, Directors, Trustees, and Key Employees$16,976$39,609-$56,585
Office Expenses$19,970$7,870-$27,840
Insurance$14,778$2,608-$17,386
Other Expenses$14,596$13,212-$14,596
Advertising$3,357$1,120-$4,477
Fees for Services Accounting-$2,605-$2,605
Total Functional Expenses$1,757,968$185,333$0$1,943,301
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,216
Fundraising Gross Income$6,115
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 A, Line 2

Craig bishop is brother-in-law to beth guerrette.

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

Each member of the governing board will be given a copy of the 990 for review prior to the board meeting. At the meeting, board members will discuss the 990 in detail.

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

Annually the board is asked to review and sign the conflict of interest policy.

Form 990, Part VI, Section B, Line 15

Compensation is approved by the board as reasonable, based on data sets of comparable salaries in the local area, and based upon skill sets and experience. Each year increases in compensation are determined in the annual budget process. The board approves increases based upon budgetary concerns and enrollment.

Form 990, Part VI, Section C, Line 19

The organization makes available to the public their governing documents, conflict of interest policy and financials statements upon request.

Filing and Contact Details

Filer

Filer Name
Thrive Ministries Dba Thrive Childcare
EIN
47-3929831
Phone
4196916313
Address
3530 SEAMAN RD, OREGON, OH 43616
Doing Business As
Thrive Childcare

Signing Officer

Name
Beth Guerrette
Title
President/executive Director
Phone
4196916313
Signed
2021-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beth Guerrette
Formed
2015
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
91
Volunteers
6

Preparer

Firm
Rehmann Robson LLC
Address
7124 W CENTRAL AVE, TOLEDO, OH 43617
Preparer
Kristen G Morse CPA
Phone
4198658118
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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/Desc0THRIVE MINISTRIES, INC. DBA THRIVE CHILDCARE PROVIDES FAITH-BASED CHILDCARE AND EARLY EDUCATIONAL SERVICES TO FAMILIES IN OREGON, OH, PERRYSBURG, OH AND THE SURROUNDING COMMUNITIES. WE PROVIDE CARE FOR CHILDREN FROM 6 WEEKS TO 13 YEARS OLD. WE SERVICE 350+ CHILDREN ON A MONTHLY BASIS AND EMPLOY 90+ STAFF MEMBERS. CHILDREN ARE PROVIDED A LOVING, NURTURING ENVIRONMENT WHERE THEIR NEEDS ARE MET AND THEY ARE ENCOURAGED AND CHALLENGED TO GROW IN ALL AREAS- SPIRITUAL, COGNITIVE, PHYSICAL, EMOTIONAL AND SOCIAL. WE PROVIDE A SUPERIOR, LOW RATIO KINDERGARTEN PROGRAM (PERRYSBURG LOCATION), AS WELL AS FUN AND ENGAGING SCHOOL AGE PROGRAMS DURING THE SCHOOL YEAR AND OUR CAMP THRIVE SUMMER PROGRAM. IN ADDITION TO HIGH QUALITY CARE AND EDUCATIONAL SERVICES, WE ALSO PROVIDE FAMILY RESOURCES, FAMILY FUN NIGHTS AND SEMINARS/CLASSES FOR FAMILIES AND STAFF.
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03075836
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0763702
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03839538
IRS990ScheduleD/EquipmentGrp/BookValueAmt043890
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0218195
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0262085
IRS990ScheduleD/LandGrp/BookValueAmt01203600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01203600
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04323326
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0INFORMATION GIVEN IN HANDBOOKS HANDED OUT DURING TOURS AND REGISTRATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CRAIG BISHOP IS BROTHER-IN-LAW TO BETH GUERRETTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER OF THE GOVERNING BOARD WILL BE GIVEN A COPY OF THE 990 FOR REVIEW PRIOR TO THE BOARD MEETING. AT THE MEETING, BOARD MEMBERS WILL DISCUSS THE 990 IN DETAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY THE BOARD IS ASKED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS APPROVED BY THE BOARD AS REASONABLE, BASED ON DATA SETS OF COMPARABLE SALARIES IN THE LOCAL AREA, AND BASED UPON SKILL SETS AND EXPERIENCE. EACH YEAR INCREASES IN COMPENSATION ARE DETERMINED IN THE ANNUAL BUDGET PROCESS. THE BOARD APPROVES INCREASES BASED UPON BUDGETARY CONCERNS AND ENROLLMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES AVAILABLE TO THE PUBLIC THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIALS STATEMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
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 B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt05083458
IRS990/TotalAssetsGrp/BOYAmt04815707
IRS990/TotalAssetsGrp/EOYAmt05083458
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0312233
IRS990/TotalEmployeeCnt091
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0185333
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01757968
IRS990/TotalFunctionalExpensesGrp/TotalAmt01943301
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04836266
IRS990/TotalLiabilitiesEOYAmt04752543
IRS990/TotalLiabilitiesGrp/BOYAmt04836266
IRS990/TotalLiabilitiesGrp/EOYAmt04752543
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-20559
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0330915
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01757968
IRS990/TotalProgramServiceRevenueAmt01871036
IRS990/TotalReportableCompFromOrgAmt056585
IRS990/TotalRevenueGrp/ExclusionAmt0-2291
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01984833
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02294775
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04815707
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05083458
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03530 SEAMAN RD
IRS990/USAddress/CityNm0OREGON
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd043616
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.THRIVECHILDCARE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BETH GUERRETTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04196916313
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THRIVE MINISTRIES DBA THRIVE CHILDCARE
ReturnHeader/Filer/BusinessNameControlTxt0THRI
ReturnHeader/Filer/EIN0473929831
ReturnHeader/Filer/PhoneNum04196916313
ReturnHeader/Filer/USAddress/AddressLine1Txt03530 SEAMAN RD
ReturnHeader/Filer/USAddress/CityNm0OREGON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043616
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383635706
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REHMANN ROBSON LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07124 W CENTRAL AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TOLEDO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043617
ReturnHeader/PreparerPersonGrp/PhoneNum04198658118
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KRISTEN G MORSE CPA
ReturnHeader/ReturnTs02021-11-05T07:47:09-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BETH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GUERRETTE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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