Civic Intelligence

Thrive DC

990 • Fiscal year 2018 • EIN 52-1485474

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 12, 2019

1525 Newton Street NW Rmste G-1Washington, DC 20010

(202) 737-9311

Siviq Scores

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

Liabilities / Assets

74th percentile

0.35x

Higher debt load relative to assets than 74% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

35th percentile

0.04x

Higher debt load relative to revenue than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

21st percentile

-9.6%

Higher net margin than 21% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

2nd percentile

-44%

Faster asset growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

16th percentile

-17%

Faster revenue growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$299,946

Down $236,788 (-44%) from 2017

Net Assets

Down

$195,640

Down $236,227 (-55%) from 2017

Liabilities

Down

$104,306

Down $561 (-0.5%) from 2017

Revenue

Down

$2,445,803

Down $484,303 (-17%) from 2017

Expenses

Down

$2,680,126

Down $434,211 (-14%) from 2017

Net Income

Down

-$234,323

Down $50,092 (-27%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $813,684Liabilities 2011: $28,128Net Assets 2011: $785,5562011Assets 2012: $876,560Liabilities 2012: $33,255Net Assets 2012: $843,3052012Assets 2013: $965,594Liabilities 2013: $50,788Net Assets 2013: $914,8062013Assets 2014: $963,502Liabilities 2014: $55,405Net Assets 2014: $908,0972014Assets 2015: $800,435Liabilities 2015: $46,462Net Assets 2015: $753,9732015Assets 2016: $674,762Liabilities 2016: $58,664Net Assets 2016: $616,0982016Assets 2017: $536,734Liabilities 2017: $104,867Net Assets 2017: $431,8672017Assets 2018: $299,946Liabilities 2018: $104,306Net Assets 2018: $195,6402018Assets 2019: $293,759Liabilities 2019: $146,569Net Assets 2019: $147,1902019Assets 2020: $1,136,357Liabilities 2020: $331,222Net Assets 2020: $805,1352020Assets 2021: $1,953,094Liabilities 2021: $44,368Net Assets 2021: $1,908,7262021Assets 2022: $2,559,922Liabilities 2022: $307,476Net Assets 2022: $2,252,4462022Assets 2023: $1,915,884Liabilities 2023: $188,460Net Assets 2023: $1,727,4242023Assets 2024: $1,330,352Liabilities 2024: $107,952Net Assets 2024: $1,222,4002024

Highlighted filing

2018

Assets$299,946
Liabilities$104,306
Net Assets$195,640

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,644,954Expenses 2011: $1,628,057Net Income 2011: $16,8972011Expenses 2012: $1,865,2032012Revenue 2013: $2,358,385Expenses 2013: $2,286,884Net Income 2013: $71,5012013Revenue 2014: $2,584,926Expenses 2014: $2,591,635Net Income 2014: -$6,7092014Revenue 2015: $2,507,318Expenses 2015: $2,661,442Net Income 2015: -$154,1242015Revenue 2016: $2,738,680Expenses 2016: $2,876,555Net Income 2016: -$137,8752016Revenue 2017: $2,930,106Expenses 2017: $3,114,337Net Income 2017: -$184,2312017Revenue 2018: $2,445,803Expenses 2018: $2,680,126Net Income 2018: -$234,3232018Revenue 2019: $2,759,654Expenses 2019: $2,808,104Net Income 2019: -$48,4502019Revenue 2020: $3,384,321Expenses 2020: $2,726,376Net Income 2020: $657,9452020Revenue 2021: $7,276,851Expenses 2021: $6,173,260Net Income 2021: $1,103,5912021Revenue 2022: $6,830,624Expenses 2022: $6,486,904Net Income 2022: $343,7202022Revenue 2023: $2,362,409Expenses 2023: $2,887,431Net Income 2023: -$525,0222023Revenue 2024: $2,629,115Expenses 2024: $3,134,139Net Income 2024: -$505,0242024

Highlighted filing

2018

Revenue$2,445,803
Expenses$2,680,126
Net Income-$234,323
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$2,445,803
Mission and Program Overview

Mission

Thrive dc works to prevent and end homelessness by providing vulnerable individuals with a comprehensive range of services to help stabilize their lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$142,304$126,784▼ $15,520
Cash and Non-Interest-Bearing Accounts$269,390$78,436▼ $190,954
Savings and Temporary Cash Investments$72,034$59,692▼ $12,342
Land, Buildings, and Equipment, Net$35,373$25,193▼ $10,180
Prepaid Expenses and Deferred Charges$4,133$4,841▲ $708
Total Assets$536,734$299,946▼ $236,788
Other Assets Total$13,500$5,000▼ $8,500
Liabilities
Accounts Payable and Accrued Expenses$53,780$79,306▲ $25,526
Deferred Revenue$51,087--
Unsecured Notes Loans Payable-$25,000-
Total Liabilities$104,867$104,306▼ $561
Net Assets / Fund Balance
Unrestricted Net Assets$301,972$114,374▼ $187,598
Temporarily Rstr Net Assets$129,895$81,266▼ $48,629
Total Net Assets Fund Balance$431,867$195,640▼ $236,227
Total Liabilities and Net Assets / Fund Balance$536,734$299,946▼ $236,788

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$10,270$134,572$144,842
Equipment$14,923$48,782$63,705
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,445,438
Program Service Revenue
$0
Investment Income
$140
Other Revenue
$225
All Other Contributions
$2,066,734
Change in Net Assets
$-234,323

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
Food Inventory22,694$1,099,291Fair Market Value (FMV)
Clothing and Household Goods-$199,389Fair Market Value (FMV)
Total Noncash Contributions22,694$1,298,680-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,445,803
Revenue Not Reported on Form 990
$33,580
Total Revenue per Audited Statements
$2,479,383
Total Revenue per Form 990
$2,445,803
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,440,702
Salaries, Compensation, and Employee Benefits$891,493
Other Expenses$347,931
Total Fundraising Expense$193,948
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,440,702--$1,440,702
Other Salaries and Wages$455,100$62,932$107,997$626,029
Current Officers, Directors, Trustees, and Key Employees$88,042$12,696$20,880$121,618
Occupancy$71,061$23,995$15,843$110,899
Office Expenses$49,549$36,302$12,624$98,475
Other Employee Benefits$52,227$13,636$12,245$78,108
Fees for Services Other$43,847$24,244$8,870$76,961
Payroll Taxes$43,956$11,477$10,305$65,738
Insurance$8,393$5,183$1,853$15,429
Depreciation Depletion-$10,179-$10,179
Other Expenses$5,003$677$1,839$7,519
Advertising$200$26$47$273
Total Functional Expenses$2,280,208$205,970$193,948$2,680,126

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,715,610
Expenses per Audited Statements$2,680,126
Total Expenses per Form 990$2,680,126
Expenses Not Reported on Form 990$35,484
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
Audit committee
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

A copy is provided to the board to review prior to filing and any comments or changes are returned to the preparer for correction.

Conflict of interest policy compliance Part VI line 12C

Thrive dc requires the responsible person having a conflict to present the conflict to the board of directors. The person is not allowed to participate in the board discussion in relation to the matter. The board examines whether the conflict actually exists and determines whether another arrangement would be more advantageous to the organization. If a more advantageous arrangement or arrangement that does not give rise to a conflict cannot be identified, then the disinterested members of the board will vote whether the transaction is in the organizations best interest, for its own benefit, and whether it is fair and reasonable. Annual disclosures of any potential conflicts are submitted to the board chair and executive director and are reviewed by the same.

CEO executive director top management comp Part VI line 15A

Board researches executive pay scales in the nonprofit sector to determine acceptable compensation.

Governing documents etc available to public Part VI line 19

Form 990 is available on the nonprofit information website, guidestar.org, or can be furnished upon request.

Filing and Contact Details

Filer

Filer Name
Thrive Dc
EIN
52-1485474
Address
1525 NEWTON STREET NW RMSTE G-1, WASHINGTON, DC 20010

Signing Officer

Name
Alicia Horton
Title
Execytuve Durec
Phone
2027379311
Signed
2019-11-12
Discuss with paid preparer
No

Organization Details

Principal Officer
Steve Groeninger
Formed
1986
Legal Domicile
Dc
Voting Board Members
14
Independent Board Members
14
Employees
24
Volunteers
2,187

Preparer

Firm
Alta CPA Group
Address
59 Franklin St 2nd Floor, Annapolis, MD 21401
Preparer
Amanda Ragula
Phone
4103495101
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

Victims assistance for homeless victims of crime (vahvic)victims assistance for the homeless program provides support, guidance and wraparound services to homeless individuals who have experienced a violent crime in the last three months. The goals of the program are to ensure that homeless victims of crime are provided with the basic necessities immediately following the crime and are aware of and can access all wraparound services available to them. We also work to provide a comprehensive array of emergency support services to help stabilize the lives of clients outside of the incident including emergency supplies, showers, laundry, telephone service, computer access, pantry services, transportation, prescription and employment assistance.

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

Thrive dc is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and has been classified as an organization which is not a private foundation. The organization has no unrelated business income subject to income tax; therefore, no provision for income taxes has been included in the accompanying financial statements. The organizations federal form 990, return of organization exempt from income tax, is subject to examination by the internal revenue service, generally for the three years after it is filed.

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IRS990/PrincipalOfficerNm0STEVE GROENINGER
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IRS990/ProgSrvcAccomActy2Grp/Desc0OUR REENTRY PROGRAM - WOMEN IN NEW DIRECTIONS (WIND) PROVIDES INTENSIVE CASE MANAGEMENT, SUBSTANCE ABUSE COUNSELING AND WRAP-AROUND SERVICES TO WOMEN REENTERING SOCIETY AFTER INCARCERATION. IN 2018, THERE WERE A TOTAL OF 68 PARTICIPANTS IN THE WIND AND NEW DIRECTIONS PROGRAM, WHO HAVE BEEN INVOLVED IN THE PROGRAM FOR 30 DAYS OR LONGER. THE WIND PROGRAM MANAGER IDENTIFIES POTENTIAL CANDIDATES FOR THE PROGRAM THROUGH ORIENTATIONS OFFERED AT THE DC CORRECTIONAL TREATMENT FACILITY AND THROUGH A RELATIONSHIP WITH THE DC HALFWAY HOUSE FACILITY, FAIRVIEW AS WELL AS THROUGH REFERRALS FROM PARTNER ORGANIZATIONS AND WALK-INS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0JOB READINESS - IN 2018 THERE WERE 125 SESSIONS OF SUPPORTED JOB SEARCH, RESUME DEVELOPMENT, INTERVIEWING SKILLS, COVER LETTER DEVELOPMENT, AND SOFT SKILL DEVELOPMENT FOR 108 CLIENTS. OVER 106 JOB SEARCHES WERE POSTED 49 CLIENTS REPORTED GAINING EITHER FULL-TIME OR PART- TIME EMPLOYMENT.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THROUGH OUR LINKS PROGRAM, CLIENTS PARTICIPATE IN ON-SITE EDUCATIONAL, THERAPEUTIC, AND ENRICHMENT ACTIVITIES, SUCH AS MUSIC GROUP, MENS AND WOMENS SUPPORT AND ADDICTION GROUPS, AND GARDEN GROUP, WHICH PROVIDE INCREASED OPPORTUNITIES FOR LEARNING IN AN ATMOSPHERE OF PEER SUPPORT. THRIVE DC ALSO OFFERS EMERGENCY TRANSPORTATION, PRESCRIPTION ASSISTANCE, INDIVIDUALIZED CASE MANAGEMENT, WHILE ALSO CONNECTING OUR CLIENTS WITH COMPREHENSIVE SERVICES AVAILABLE ONSITE THROUGH OUR COMMUNITY PARTNERS. OUR PARTNERS PROVIDE DENTAL AND HEALTH CARE, TRANSITIONAL HOUSING AND OTHER DIVERSE SERVICES NEEDED TO OVERCOME HOMELESSNESS AND INCREASE SELF- SUFFICIENCY.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1MANY HANDS PROGRAM- $110,344
IRS990/ProgSrvcAccomActyOtherGrp/Desc2THRIVE DCS PUBLIC EDUCATION PROGRAM INFORMS THE PUBLIC, SUPPORTERS, AND CLIENTS ABOUT ISSUES RELATED TO HOMELESSNESS, POVERTY, AND THRIVE DCS SERVICES THROUGH SOCIAL MEDIA, THE ORGANIZATIONS WEBSITE, BLOG, MASS EMAILS, AND OTHER COMMUNICATIONS MEDIA.
IRS990/ProgSrvcAccomActyOtherGrp/Desc3REAL OPPORTUNITY EMPLOYMENT-TRAINING PROGRAM IS A UNIQUE, INTENSIVE, 14- WEEK JOB TRAINING PROGRAM THAT INCLUDES SOFT SKILLS TRAINING, CULINARY SKILLS TRAINING WITH OUR EXECUTIVE CHEF AND A 2-MONTH APPRENTICESHIP WITH A PARTNERING RESTAURANT OR FOOD SERVICE PROVIDER. IN 2018, THE REAL OPPORTUNITY EMPLOYMENT TRAINING ENROLLED 27 PEOPLE PROGRAM AND GRADUATED 19 PEOPLE IN 2018. TO DATE, THE PROGRAM HAS GRADUATED 104 TRAINEES AND 72% OF THOSE PARTICIPATING IN FOLLOW UP HAVE GAINED EMPLOYMENT POST GRADUATION.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.33$0.11$1.22$2.63$3.13$0.51
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.19$1.73$2.36$2.89$0.53
2022Detailed filing. Detailed filing data is available for this year.$2.56$0.31$2.25$6.83$6.49$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.04$1.91$7.28$6.17$1.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.33$0.81$3.38$2.73$0.66
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.15$0.15$2.76$2.81$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.30$0.10$0.20$2.45$2.68$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.10$0.43$2.93$3.11$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.06$0.62$2.74$2.88$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.80$0.05$0.75$2.51$2.66$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.96$0.06$0.91$2.58$2.59$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.97$0.05$0.91$2.36$2.29$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.03$0.84$1.87
2011Summary only. Only limited summary data is available for this year.$0.81$0.03$0.79$1.64$1.63$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $1M-$5M nonprofits