Civic Intelligence

Thrive Center Inc

EIN 81-3636925 • 501(c)3 • Louisville, KY

Profile

Spotlight innovation, promote healthy aging, and enhance the quality of life for those aged 50+.

3430 Newburg Road 106Louisville, KY 40218

www.thrivecenterky.org

Siviq Scores

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

Liabilities / Assets

95th percentile

1.42x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

90th percentile

0.41x

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

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

Net Margin

89th percentile

48%

Higher net margin than 89% of similar nonprofits.

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

Top Officer Pay

98th percentile

$52,500

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 27.6% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

51st percentile

-0.9%

Faster asset growth than 51% of similar nonprofits.

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

Revenue Growth

92nd percentile

108%

Faster revenue growth than 92% of similar nonprofits.

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

Assets

Down

$116,129

Down $1,045 (-0.9%) from 2023

Liabilities

Down

$164,439

Down $194,834 (-54%) from 2023

Net Assets

Up

-$48,310

Up $193,789 (+80%) from 2023

Revenue

Up

$400,000

Up $207,553 (+108%) from 2023

Expenses

Down

$206,211

Down $98,555 (-32%) from 2023

Net Income

Up

$193,789

Up $306,108 (+273%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2017: $179,768Liabilities 2017: $206,697Net Assets 2017: -$26,9292017Assets 2018: $25,850Liabilities 2018: $162,464Net Assets 2018: -$136,6142018Assets 2019: $17,552Liabilities 2019: $175,298Net Assets 2019: -$157,7462019Assets 2020: $28,454Liabilities 2020: $119,689Net Assets 2020: -$91,2352020Assets 2021: $125,541Liabilities 2021: $285,050Net Assets 2021: -$159,5092021Assets 2022: $58,342Liabilities 2022: $188,122Net Assets 2022: -$129,7802022Assets 2023: $117,174Liabilities 2023: $359,273Net Assets 2023: -$242,0992023Assets 2024: $116,129Liabilities 2024: $164,439Net Assets 2024: -$48,3102024

Highlighted filing

2024

Assets$116,129
Liabilities$164,439
Net Assets-$48,310

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $190,002Expenses 2017: $174,779Net Income 2017: $15,2232017Revenue 2018: $268,129Expenses 2018: $377,814Net Income 2018: -$109,6852018Revenue 2019: $388,141Expenses 2019: $409,273Net Income 2019: -$21,1322019Revenue 2020: $440,581Expenses 2020: $374,070Net Income 2020: $66,5112020Revenue 2021: $222,911Expenses 2021: $291,185Net Income 2021: -$68,2742021Revenue 2022: $341,702Expenses 2022: $311,973Net Income 2022: $29,7292022Revenue 2023: $192,447Expenses 2023: $304,766Net Income 2023: -$112,3192023Revenue 2024: $400,000Expenses 2024: $206,211Net Income 2024: $193,7892024

Highlighted filing

2024

Revenue$400,000
Expenses$206,211
Net Income$193,789

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 17, 2025
Return Version
2024v5.2
Gross Receipts
$400,000
Mission and Program Overview

Mission

Spotlight innovation, promote healthy aging, and enhance the quality of life for those aged 50+.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$111,000$93,674▼ $17,326
Accounts Receivable-$20,000-
Cash and Non-Interest-Bearing Accounts$6,174$2,455▼ $3,719
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$117,174$116,129▼ $1,045
Liabilities
Accounts Payable and Accrued Expenses$108,628$99,701▼ $8,927
Other Liabilities$153,978$33,071▼ $120,907
Deferred Revenue$96,667$31,667▼ $65,000
Total Liabilities$359,273$164,439▼ $194,834
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-242,099$-48,310▲ $193,789
Total Net Assets Fund Balance$-242,099$-48,310▲ $193,789
Total Liabilities and Net Assets / Fund Balance$117,174$116,129▼ $1,045

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$7,315$7,315
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sheri RoseExecutive DirectorPT$67,350$67,350

Board Members and Trustees

NameTitle
Mary HaynesChair
Terry QuigleyVice Chair
Jennifer LesinskiDirector
Jon KarlDirector
Justine VogelDirector
Randy KirschDirector
Travis GlenigSecretary
John ReinhartTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$400,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$378,473
Change in Net Assets
$193,789
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$126,518
Other Expenses$79,693
Total Fundraising Expense$9,884
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$47,813$12,749$3,188$63,750
Other Salaries and Wages$40,397$10,773$2,693$53,863
Occupancy$37,913$10,110$2,528$50,551
Payroll Taxes$6,679$1,781$445$8,905
Fees for Services Accounting-$5,710-$5,710
Insurance$4,166$1,111$278$5,555
Travel$3,913$1,042$261$5,216
Advertising$3,180$848$212$4,240
Fees for Services Legal$2,192$584$146$2,922
Other Expenses$2,852--$2,852
Office Expenses$1,706$456$114$2,276
Conferences and Meetings$278$74$19$371
Total Functional Expenses$151,089$45,238$9,884$206,211
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Sheri RoseExecutive DirectorUnpaid Compensation and Personal LoanNo$28,258
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan From Thirve Alliance$32,595
Other Liabilities$100
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
Yes
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
No
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

A copy of form 990 is not provided to the governing body before it is filed, but the executive director of the entity (sheri rose) appropriately reviews the form 990 before it is filed. A copy of the form 990 is available to the governing body for review at any time.

Form 990, Part VI, Section C, Line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Thrive Center Inc
EIN
81-3636925
Phone
5025534802
Address
3430 NEWBURG ROAD 106, LOUISVILLE, KY 40218

Signing Officer

Name
Sheri Rose
Title
Executive Director
Phone
5025534802
Signed
2025-09-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sheri Rose
Formed
2016
Legal Domicile
Ky
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
0

Preparer

Firm
Dean Dorton Allen Ford Pllc
Address
435 N WHITTINGTON PKWY STE 400, LOUISVILLE, KY 40222
Preparer
Amelia Sebastian
Phone
5025896050
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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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IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt033071
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SHERI ROSE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt028258
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0UNPAID COMPENSATION AND PERSONAL LOAN
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS NOT PROVIDED TO THE GOVERNING BODY BEFORE IT IS FILED, BUT THE EXECUTIVE DIRECTOR OF THE ENTITY (SHERI ROSE) APPROPRIATELY REVIEWS THE FORM 990 BEFORE IT IS FILED. A COPY OF THE FORM 990 IS AVAILABLE TO THE GOVERNING BODY FOR REVIEW AT ANY TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0117174
IRS990/TotalAssetsEOYAmt0116129
IRS990/TotalAssetsGrp/BOYAmt0117174
IRS990/TotalAssetsGrp/EOYAmt0116129
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0400000
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09884
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt045238
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0151089
IRS990/TotalFunctionalExpensesGrp/TotalAmt0206211
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0359273
IRS990/TotalLiabilitiesEOYAmt0164439
IRS990/TotalLiabilitiesGrp/BOYAmt0359273
IRS990/TotalLiabilitiesGrp/EOYAmt0164439
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-242099
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-48310
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0151089
IRS990/TotalReportableCompFromOrgAmt067350
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0400000
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0117174
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0116129
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0261
IRS990/TravelGrp/ManagementAndGeneralAmt01042
IRS990/TravelGrp/ProgramServicesAmt03913
IRS990/TravelGrp/TotalAmt05216
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03430 NEWBURG ROAD 106
IRS990/USAddress/CityNm0LOUISVILLE
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040218
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.THRIVECENTERKY.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHERI ROSE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05025534802
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THRIVE CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0THRI
ReturnHeader/Filer/EIN0813636925
ReturnHeader/Filer/PhoneNum05025534802
ReturnHeader/Filer/USAddress/AddressLine1Txt03430 NEWBURG ROAD 106
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040218
ReturnHeader/Form8822BAttachedInd0X
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273858252
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEAN DORTON ALLEN FORD PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0435 N WHITTINGTON PKWY STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOUISVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040222
ReturnHeader/PreparerPersonGrp/PhoneNum05025896050
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMELIA SEBASTIAN
ReturnHeader/ReturnTs02025-09-20T08:39:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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