Civic Intelligence

Thrive Cares Foundation Inc.

990EZ • Fiscal year 2022 • EIN 81-5140331

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 21, 2025

101 Edgewater Dr Ste 110Wakefield, MA 01880

(781) 486-4100

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

94th percentile

72%

Higher net margin than 94% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

77th percentile

29%

Faster asset growth than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

27th percentile

-16%

Faster revenue growth than 27% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$136,161

Up $30,604 (+29%) from 2021

Net Assets

Up

$136,161

Up $30,604 (+29%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$42,754

Down $8,112 (-16%) from 2021

Expenses

Down

$12,150

Down $41,160 (-77%) from 2021

Net Income

Up

$30,604

Up $33,048 (+1352%) from 2021

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2020: $108,001Liabilities 2020: $0Net Assets 2020: $108,0012020Assets 2021: $105,557Liabilities 2021: $0Net Assets 2021: $105,5572021Assets 2022: $136,161Liabilities 2022: $0Net Assets 2022: $136,1612022Assets 2023: $163,692Net Assets 2023: $163,6922023Assets 2024: $173,297Net Assets 2024: $173,2972024

Highlighted filing

2022

Assets$136,161
Liabilities$0
Net Assets$136,161

Operations Trend

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

$100K$50K$0-$50KRevenue 2020: $98,258Expenses 2020: $48,544Net Income 2020: $49,7142020Revenue 2021: $50,866Expenses 2021: $53,310Net Income 2021: -$2,4442021Revenue 2022: $42,754Expenses 2022: $12,150Net Income 2022: $30,6042022Revenue 2023: $31,259Expenses 2023: $3,728Net Income 2023: $27,5312023Revenue 2024: $22,140Expenses 2024: $12,535Net Income 2024: $9,6052024

Highlighted filing

2022

Revenue$42,754
Expenses$12,150
Net Income$30,604
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 21, 2025
Return Version
2022v5.0
Gross Receipts
$42,754
Mission and Program Overview

Mission

Improve the live of children with complex medical conditions by supporting them in obtaining access to healthcare and related services

The primary exempt purpose of the organization is to serve the pediatric patient community with an emphasis on medically underinsured underserved and at-risk children and their care-givers by providing medical equipment mission services and financial assistance including funeral support to those in need.

Program Services

DescriptionGrantsExpenses
IMPROVING THE LIVES OF CHILDREN WITH COMPLEX MEDICAL CONDITIONS BY ASSISTING THEM IN OBTAINING ACCESS TO HEALTHCARE AND RELATED SERVICES.$0$42,754
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GREGORY SERRAODirector-$0--
CHRIS ROBBINSSecretary And Treasurer-$0--
MELINDA PHILLIPSPresident-$0--
Filing and Contact Details

Filer

Filer Name
Thrive Cares Foundation Inc
EIN
81-5140331
In Care Of
% GREGORY SERRAO
Address
101 EDGEWATER DR STE 110, WAKEFIELD, MA 01880

Signing Officer

Name
Chris Robbins
Title
Secretary and Treasurer
Signed
2025-04-21
Supplemental Narrative

Additional Explanations

Part I, line 10

| Grants And Similar Amounts Paid:, Amount:| grants made, $4204|

Part I, line 16

| Other Expenses:, Amount:| other expenses, $7946|

Part I, line 20

| Explanation:, Amount:| no other changes, $0|

Part II, line 24

| Explanation:, BOYAmount:, EOYAmount:| Other assets, $18652, $0|

Part II, line 26

| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $0|

Part I, General

| Explanation:| DESCRIPTION OF OTHER EXPENSES: AMOUNT:

Part I, Line 10

| Explanation:| Form 990-EZ Part 1 Line 10 Grants and similar amounts paid $4,204

Part I, Line 16

| Explanation:| Form 990-EZ Part 1 Line 16 Other Expenses $7,946

Part III, General

| Explanation:| FORM 990-EZ PART III PRIMARY PURPOSE RESPONSE - THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO SERVE THE PEDIATRIC PATIENT COMMUNITY WITH AN EMPHASIS ON MEDICALLY UNDERINSURED UNDERSERVED AND AT-RISK CHILDREN AND THEIR CARE-GIVERS BY PROVIDING MEDICAL EQUIPMENT MISSION SERVICES AND FINANCIAL ASSISTANCE INCLUDING FUNERAL SUPPORT TO THOSE IN NEED. FORM 990-EZ PART V INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS: THE ORGANIZATION DID NOT DURING THE YEAR RECEIVE ANY FUNDS DIRECTLY OR INDIRECTLY TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.

Part I, General

| Explanation:| Form 990-EZ Part 1 Expenses:

Raw XML Appendix175 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/PhoneNum07814864100
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0STE 110
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WAKEFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GREGORY SERRAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRIS ROBBINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MELINDA PHILLIPS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY AND TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt018652
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt07946
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO SERVE THE PEDIATRIC PATIENT COMMUNITY WITH AN EMPHASIS ON MEDICALLY UNDERINSURED UNDERSERVED AND AT-RISK CHILDREN AND THEIR CARE-GIVERS BY PROVIDING MEDICAL EQUIPMENT MISSION SERVICES AND FINANCIAL ASSISTANCE INCLUDING FUNERAL SUPPORT TO THOSE IN NEED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IMPROVING THE LIVES OF CHILDREN WITH COMPLEX MEDICAL CONDITIONS BY ASSISTING THEM IN OBTAINING ACCESS TO HEALTHCARE AND RELATED SERVICES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt042754
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt012150
IRS990EZ/TotalProgramServiceExpensesAmt042754
IRS990EZ/TotalRevenueAmt042754
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.thrivecaresfoundation.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt042754
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt050866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt098258
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt033028
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt035491
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0260397
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.7928
IRS990ScheduleA/PublicSupportPY170Pct00.79
IRS990ScheduleA/PublicSupportTotal170Amt0206437
IRS990ScheduleA/SubstantialContributorsTotAmt053960
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt042754
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt098258
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt033028
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt035491
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0260397
IRS990ScheduleA/TotalSupportAmt0260397
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Grants And Similar Amounts Paid:, Amount:| grants made, $4204|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| other expenses, $7946|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, Amount:| no other changes, $0|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Other assets, $18652, $0|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $0|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5| Explanation:| DESCRIPTION OF OTHER EXPENSES: AMOUNT:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6| Explanation:| Form 990-EZ Part 1 Line 10 Grants and similar amounts paid $4,204
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7| Explanation:| Form 990-EZ Part 1 Line 16 Other Expenses $7,946
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8| Explanation:| FORM 990-EZ PART III PRIMARY PURPOSE RESPONSE - THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO SERVE THE PEDIATRIC PATIENT COMMUNITY WITH AN EMPHASIS ON MEDICALLY UNDERINSURED UNDERSERVED AND AT-RISK CHILDREN AND THEIR CARE-GIVERS BY PROVIDING MEDICAL EQUIPMENT MISSION SERVICES AND FINANCIAL ASSISTANCE INCLUDING FUNERAL SUPPORT TO THOSE IN NEED. FORM 990-EZ PART V INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS: THE ORGANIZATION DID NOT DURING THE YEAR RECEIVE ANY FUNDS DIRECTLY OR INDIRECTLY TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9| Explanation:| Form 990-EZ Part 1 Expenses:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part II, line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part I, General
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part III, General
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part I, General
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS ROBBINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY AND TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Thrive Cares Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0THRI
ReturnHeader/Filer/EIN0815140331
ReturnHeader/Filer/ForeignPhoneNum07814864100
ReturnHeader/Filer/InCareOfNm0% GREGORY SERRAO
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 EDGEWATER DR STE 110
ReturnHeader/Filer/USAddress/CityNm0WAKEFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001880
ReturnHeader/ReturnTs02025-04-18T09:36:53-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits