Civic Intelligence

The Thriving Cities Group

990 • Fiscal year 2021 • EIN 81-3605714

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 11, 2024

PO Box 8227Charlottesville, VA 22906

(203) 733-2555

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

41st percentile

7.4%

Higher net margin than 41% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

58th percentile

$22,350

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

2nd percentile

-54%

Faster asset growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

62%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$277,294

Down $319,679 (-54%) from 2020

Net Assets

Down

$277,294

Down $172,605 (-38%) from 2020

Liabilities

Down

$0

Down $147,074 (-100%) from 2020

Revenue

Up

$944,365

Up $360,268 (+62%) from 2020

Expenses

Down

$874,684

Down $5,144 (-0.6%) from 2020

Net Income

Up

$69,681

Up $365,412 (+124%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2018: $481,006Liabilities 2018: $166,951Net Assets 2018: $314,0552018Assets 2019: $861,113Liabilities 2019: $115,484Net Assets 2019: $745,6292019Assets 2020: $596,973Liabilities 2020: $147,074Net Assets 2020: $449,8992020Assets 2021: $277,294Liabilities 2021: $0Net Assets 2021: $277,2942021Assets 2021: $277,294Liabilities 2021: $0Net Assets 2021: $277,2942021

Highlighted filing

2021

Assets$277,294
Liabilities$0
Net Assets$277,294

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $2,111,712Expenses 2018: $1,925,478Net Income 2018: $186,2342018Revenue 2019: $1,887,155Expenses 2019: $1,455,581Net Income 2019: $431,5742019Revenue 2020: $584,097Expenses 2020: $879,828Net Income 2020: -$295,7312020Revenue 2021: $944,365Expenses 2021: $874,684Net Income 2021: $69,6812021Revenue 2021: $944,365Expenses 2021: $874,684Net Income 2021: $69,6812021

Highlighted filing

2021

Revenue$944,365
Expenses$874,684
Net Income$69,681
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 11, 2024
Return Version
2021v4.0
Gross Receipts
$788,300
Mission and Program Overview

Mission

To see a world where all individuals and institutions work together to create a common good. Thriving cities group provides thought, leadership and practice tools to equip a new generation of city leaders and institutions to reimagine and re-engage city life.

To see a world where all individuals and institutions work together to create a common good. Thriving cities group provides thought leadership and practical tools to equip a new generation of city leaders and institutions to reimagine and re-engage city life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$101,164$275,258▲ $174,094
Accounts Receivable$78,267--
Land, Buildings, and Equipment, Net$3,526$2,037▼ $1,489
Total Assets$182,957$277,295▲ $94,338
Liabilities
Accounts Payable and Accrued Expenses$61,878$88,893▲ $27,015
Unsecured Notes Loans Payable$50,000--
Total Liabilities$111,878$88,893▼ $22,985
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$71,079$188,402▲ $117,323
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$71,079$188,402▲ $117,323
Total Liabilities and Net Assets / Fund Balance$182,957$277,295▲ $94,338

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,037$13,419$15,456
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Justin StraightCOOFT$22,350$22,350

Board Members and Trustees

NameTitle
Michael BontragerBoard Member
Michael CookBoard Member
Joshua YatesCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$351,500
Program Service Revenue
$436,800
Investment Income
$0
Other Revenue
$0
All Other Contributions
$301,500
Change in Net Assets
$-113,476

Audited Revenue Reconciliation

Revenue per Audited Statements
$738,300
Revenue Not Reported on Financial Statements
$50,000
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$50,000
Total Revenue per Audited Statements
$738,300
Total Revenue per Form 990
$788,300
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$849,024
Salaries, Compensation, and Employee Benefits$52,752
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$780,367$28,891-$809,258
Current Officers, Directors, Trustees, and Key Employees-$23,346-$23,346
Fees for Services Accounting-$15,900-$15,900
Other Employee Benefits-$14,852-$14,852
Office Expenses$11,928$1,823-$13,751
Other Salaries and Wages-$11,380-$11,380
Occupancy-$4,165-$4,165
Payroll Taxes-$3,174-$3,174
Insurance-$1,964-$1,964
Depreciation Depletion-$1,489-$1,489
Fees for Services Legal$995--$995
Other Expenses$0$965$0$965
All Other Expenses-$351-$351
Travel$179$7-$186
Total Functional Expenses$793,469$108,307$0$901,776

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$901,776
Total Expenses per Audited Statements$901,776
Total Expenses per Form 990$901,776
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
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
No
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, Part VI, Section B, Line 11B

990 form will be mailed out to each member of the governing body for review.

Form 990, Part VI, Section C, Line 19

During the tax year, the organization made its governing documents, conflict of interest policy, and financial statements available to the public upon request, through guidestar, and irs.gov.

Filing and Contact Details

Filer

Filer Name
The Thriving Cities Group
EIN
81-3605714
Phone
2037332555
Address
PO BOX 8227, CHARLOTTESVILLE, VA 22906

Signing Officer

Name
Joshua Yates
Title
CEO
Phone
2037332555
Signed
2024-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Yates
Formed
2016
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
3
Employees
2
Volunteers
3

Preparer

Firm
Easy Office Dba Jitasa
Address
1120 S RACKHAM WAY SUITE 300, MERIDIAN, ID 83642
Preparer
Jeremy Cork
Phone
2082874777
Supplemental Narrative

Additional Explanations

Form 990, Header, Line B

The organization is amending 2021 form 990 to report updated financials.

Form 990, Part IX, Line 11G

Other professional services.

Financial Statement Notes

Schedule D, Part XI, Line 4B

Amounts of forgiven ppp loans must be reported on form 990, part viii, line 1e (government grants - contributions) as contributions from a governmental unit in the tax year that the amounts are forgiven.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02037
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013419
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015456
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0901776
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt050000
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt050000
IRS990ScheduleD/RevenueSubtotalAmt0738300
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AMOUNTS OF FORGIVEN PPP LOANS MUST BE REPORTED ON FORM 990, PART VIII, LINE 1E (GOVERNMENT GRANTS - CONTRIBUTIONS) AS CONTRIBUTIONS FROM A GOVERNMENTAL UNIT IN THE TAX YEAR THAT THE AMOUNTS ARE FORGIVEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part XI, Line 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02037
IRS990ScheduleD/TotalExpensesPerForm990Amt0901776
IRS990ScheduleD/TotalRevenuePerForm990Amt0788300
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0738300
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0901776
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS AMENDING 2021 FORM 990 TO REPORT UPDATED FINANCIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 FORM WILL BE MAILED OUT TO EACH MEMBER OF THE GOVERNING BODY FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DURING THE TAX YEAR, THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, THROUGH GUIDESTAR, AND IRS.GOV.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER PROFESSIONAL SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Header, Line B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0182957
IRS990/TotalAssetsEOYAmt0277295
IRS990/TotalAssetsGrp/BOYAmt0182957
IRS990/TotalAssetsGrp/EOYAmt0277295
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0351500
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0108307
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0793469
IRS990/TotalFunctionalExpensesGrp/TotalAmt0901776
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0111878
IRS990/TotalLiabilitiesEOYAmt088893
IRS990/TotalLiabilitiesGrp/BOYAmt0111878
IRS990/TotalLiabilitiesGrp/EOYAmt088893
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt071079
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0188402
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt053959
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt015000
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0793469
IRS990/TotalProgramServiceRevenueAmt0436800
IRS990/TotalReportableCompFromOrgAmt022350
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0436800
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0788300
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0182957
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0277295
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt07
IRS990/TravelGrp/ProgramServicesAmt0179
IRS990/TravelGrp/TotalAmt0186
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt050000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 8227
IRS990/USAddress/CityNm0CHARLOTTESVILLE
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022906
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0thrivingcitiesgroup.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSHUA YATES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02037332555
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-11

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