Civic Intelligence

Thrive School Network

990EZ • Fiscal year 2023 • EIN 81-4086748

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 10, 2023

3900 Essex LaneHouston, TX 77027

(713) 202-0549

Siviq Scores

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

Liabilities / Assets

87th percentile

0.23x

Higher debt load relative to assets than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

6.55x

Higher debt load relative to revenue than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

3rd percentile

-244%

Higher net margin than 3% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

95th percentile

$28,000

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 182.6% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

32nd percentile

-9.0%

Faster asset growth than 32% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

3rd percentile

-92%

Faster revenue growth than 3% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$429,193

Down $42,630 (-9.0%) from 2022

Net Assets

Down

$328,756

Down $37,369 (-10%) from 2022

Liabilities

Down

$100,437

Down $5,261 (-5.0%) from 2022

Revenue

Down

$15,330

Down $166,627 (-92%) from 2022

Expenses

Down

$52,699

Down $26,741 (-34%) from 2022

Net Income

Down

-$37,369

Down $139,886 (-136%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $363,266Liabilities 2017: $2,235Net Assets 2017: $361,0312017Assets 2018: $527,819Liabilities 2018: $0Net Assets 2018: $527,8192018Assets 2019: $503,133Liabilities 2019: $500Net Assets 2019: $502,6332019Assets 2020: $426,700Liabilities 2020: $106,658Net Assets 2020: $320,0422020Assets 2021: $378,867Liabilities 2021: $115,259Net Assets 2021: $263,6082021Assets 2022: $471,823Liabilities 2022: $105,698Net Assets 2022: $366,1252022Assets 2023: $429,193Liabilities 2023: $100,437Net Assets 2023: $328,7562023Assets 2024: $409,875Liabilities 2024: $95,038Net Assets 2024: $314,8372024

Highlighted filing

2023

Assets$429,193
Liabilities$100,437
Net Assets$328,756

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $434,332Expenses 2017: $73,301Net Income 2017: $361,0312017Revenue 2018: $179,555Expenses 2018: $12,767Net Income 2018: $166,7882018Revenue 2019: $190,162Expenses 2019: $164,454Net Income 2019: $25,7082019Revenue 2020: $280,494Expenses 2020: $463,085Net Income 2020: -$182,5912020Revenue 2021: $131,312Expenses 2021: $187,746Net Income 2021: -$56,4342021Revenue 2022: $181,957Expenses 2022: $79,440Net Income 2022: $102,5172022Revenue 2023: $15,330Expenses 2023: $52,699Net Income 2023: -$37,3692023Revenue 2024: $13,548Expenses 2024: $27,467Net Income 2024: -$13,9192024

Highlighted filing

2023

Revenue$15,330
Expenses$52,699
Net Income-$37,369
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$15,330
Mission and Program Overview

Mission

The mission of thrive school network is to deliver a variety of pioneering educational programs to houston public school students. The vision of thrive is that all of houston's children experience post-secondary success and become contributing, successful adults.

To recruit, select, and train educators to become school leaders in their communities, thus preparing the next generation of leaders to help even more children achieve their dreams.

Program Services

DescriptionGrantsExpenses
The organization, doing business as the Hurwitz Fellowship,will recruit, select, and train the children from firstgeneration education reform schools, along with their peers,$0$39,950
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike FeinbergChairmanPT$28,000-$28,000
Karol MusherDirector-$0--
Barbara HurwitzDirector-$0--
Peter ShaperDirector-$0--
David DucoteDirector-$0--
Courtney SarofimDirector-$0--
Larry ElliottDirector-$0--
Marc OsterDirector-$0--
Dan GilbaneDirector-$0--
Debbie HurwitzSecretary / Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Thrive School Network
EIN
81-4086748
Phone
7132020549
Address
3900 Essex Lane, Houston, TX 77027

Signing Officer

Name
Mike Feinberg
Title
Chairman
Phone
7132020549
Signed
2023-11-10

Preparer

Firm
J & K CPA LLC
Address
108 E 3RD, SWEENY, TX 77480
Preparer
Jada Faber
Phone
9795483782
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

Interest Income 5080.

Form 990EZ, Part I, Line 16

Technology/Web 1669.

Form 990EZ, Part I, Line 16

Fundraising 4000.

Form 990EZ, Part I, Line 16

Interest Expense 155.

Form 990EZ, Part I, Line 16

Office Supplies & Software 741.

Raw XML Appendix217 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Houston
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Secretary / Treasurer
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.hurwitzfellowship.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt010250
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0276522
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Interest Income 5080.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Technology/Web 1669.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Fundraising 4000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest Expense 155.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-10
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ReturnHeader/Filer/EIN0814086748
ReturnHeader/Filer/PhoneNum07132020549
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ReturnHeader/Filer/USAddress/CityNm0Houston
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SWEENY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
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ReturnHeader/PreparerPersonGrp/PhoneNum09795483782
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jada Faber
ReturnHeader/ReturnTs02023-11-14T14:52:29-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Mike
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Feinberg
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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