Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
EIN 81-5342358 • 501(c)3 • New York, NY
Profile
Thrive For Life Prison Project creates opportunities for spiritual development and provides educational resources for incarcerated and formerly incarcerated individuals while partnering with local universities and local employers.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
Liabilities / Revenue
80th percentile
Higher debt load relative to revenue than 80% of similar nonprofits.
Net Margin
87th percentile
Higher net margin than 87% of similar nonprofits.
Top Officer Pay
20th percentile
Higher top officer pay than 20% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
76th percentile
Faster revenue growth than 76% of similar nonprofits.
Assets
Up$3,355,372
Up $636,650 (+23%) from 2024
Liabilities
Down$939,813
Down $72,527 (-7.2%) from 2024
Net Assets
Up$2,415,559
Up $709,177 (+42%) from 2024
Revenue
Up$2,396,919
Up $546,269 (+30%) from 2024
Expenses
Down$1,708,490
Down $57,642 (-3.3%) from 2024
Net Income
Up$688,429
Up $603,911 (+715%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
Thrive For Life Prison Project creates opportunities for spiritual development and provides educational resources for incarcerated and formerly incarcerated individuals while partnering with local universities and local employers.
The mission of Thrive for Life Prison Project is to transform lives both behind and beyond the prison walls. At Thrive for Life, we envision a world where educational opportunities provide a clear and attainable pathway to a successful and... -See continuation in Schedule O
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,981,493 | $1,990,308 | ▲ $8,815 |
| Savings and Temporary Cash Investments | $366,480 | $738,327 | ▲ $371,847 |
| Cash and Non-Interest-Bearing Accounts | $51,605 | $189,411 | ▲ $137,806 |
| Accounts Receivable | $20,150 | $166,452 | ▲ $146,302 |
| Prepaid Expenses and Deferred Charges | $24,579 | $24,154 | ▼ $425 |
| Total Assets | $2,718,722 | $3,355,372 | ▲ $636,650 |
| Other Assets Total | $274,415 | $246,720 | ▼ $27,695 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $400,000 | $500,000 | ▲ $100,000 |
| Other Liabilities | $340,617 | $331,643 | ▼ $8,974 |
| Accounts Payable and Accrued Expenses | $271,723 | $108,170 | ▼ $163,553 |
| Total Liabilities | $1,012,340 | $939,813 | ▼ $72,527 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,340,196 | $2,001,667 | ▲ $661,471 |
| Net Assets With Donor Restrictions | $366,186 | $413,892 | ▲ $47,706 |
| Total Net Assets Fund Balance | $1,706,382 | $2,415,559 | ▲ $709,177 |
| Total Liabilities and Net Assets / Fund Balance | $2,718,722 | $3,355,372 | ▲ $636,650 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $1,485,493 | $333,624 | $1,819,117 |
| Buildings | $425,454 | $24,546 | $450,000 |
| Other Land Buildings | $77,762 | $55,963 | $133,725 |
| Equipment | $1,599 | $2,780 | $4,379 |
| Other Assets Org | $246,720 | - | - |
| Name | Title |
|---|---|
| Mickael Ohana | Board Chair |
| Philip Judge | PresidentMcQuaid Jesuit HighSchool |
| Mary Casey | Board Vice President & Secretary |
| Zachariah F Presutti | Founder and Executive Director |
| Coss Marte | Founder CONBODY & Coss Athletics |
| James Croghan | SuperiorBoston College High School |
| Contribution Type | Reported Amount | Valuation Method |
|---|---|---|
| Other Non Cash Contri Table | $189,351 | Fair Market Value (FMV) |
| Other Non Cash Contri Table | $21,375 | Fair Market Value (FMV) |
| Cars and Other Vehicles | $20,500 | Fair Market Value (FMV) |
| Other Non Cash Contri Table | $9,816 | Fair Market Value (FMV) |
| Other Non Cash Contri Table | $7,700 | Fair Market Value (FMV) |
| Total Noncash Contributions | $248,742 | - |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,394,554 |
| Total Fundraising Expense | $377,932 |
| Salaries, Compensation, and Employee Benefits | $247,286 |
| Grants and Similar Amounts Paid | $66,650 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $211,526 | - | - | $211,526 |
| Other Salaries and Wages | $11,342 | $96,009 | $86,675 | $194,026 |
| Travel | $62,704 | $475 | $69,431 | $132,610 |
| Insurance | $111,540 | - | - | $111,540 |
| Office Expenses | $24,019 | $15,483 | $43,920 | $83,422 |
| Occupancy | $76,392 | - | - | $76,392 |
| Grants to Domestic Orgs | $66,650 | - | - | $66,650 |
| Other Employee Benefits | $9,588 | $21,695 | $21,977 | $53,260 |
| Other Expenses | $85,966 | $570 | $42,000 | $42,000 |
| All Other Expenses | $12,079 | - | $6,666 | $18,745 |
| Total Functional Expenses | $1,165,358 | $165,200 | $377,932 | $1,708,490 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,919,396 |
| Expenses per Audited Statements | $1,708,490 |
| Total Expenses per Form 990 | $1,708,490 |
| Expenses Not Reported on Form 990 | $210,906 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Abraham House | Bronx, NY | - | Beyond the Walls - program services | - |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Noncurrent portion- lease liability | $271,758 |
| Current portion of lease liability | $59,885 |
“The Form 990 is provided to the organizations governing body for their review and approval prior to filing.”
“Directors, officers and other employees are required to disclose interests that could cause conflicts.”
“Compensation of the executive director, comptroller and human resource director were based on state and city comparability studies. Funding sources and budget limitations and restrictions were considered. These were then approved by the board of directors.”
“Compensation of other officers or key employees of the organization were based on state and city comparebility studies. Funding sources and budget limitations and restrictions were considered. These were then approved by the board of directors.”
“Information and other documents of the organization are made available to the public upon request.”
“Please see OVERFLOW statement.”
“Please see OVERFLOW statement.”
“Continuation from Part I Line 1 and Part III Line 1:...permanent re-entry for people coming out of prison. Our long-term ambition is to establish houses of studies across the countryresidential communities where formerly incarcerated individuals can live together in a supportive living community while pursuing their education. -Continuation from Part III Line 4a:Abraham House South BronxAt Abraham House, 24 resident scholars are enrolled in universities, community colleges, and trade schools throughout New York City. In addition, through our partnership with the New York Criminal Courts, we have welcomed six young men who are completing their alternative-to-incarceration sentences while obtaining their GED through our on-site education program.Twice a month, Abraham House hosts OSHA 40-hour training, open both to residents and to members of the surrounding community, equipping participants with credentials necessary for employment in the construction and safety industries.In the upcoming fiscal year, we will launch the Cardinals Caf, a major workforce development initiative located at... -Continuation from Part III Line 4a:...Abraham House. The Caf will provide barista and hospitality training for justice-impacted individuals while serving the local neighborhood through a coffeehouse, food pantry, and community service hub. The food pantry is projected to serve thousands of families each month, ensuring access to nutritious food and essential resources.Joseph House MilwaukeeJoseph House serves 12 resident scholars in partnership with local universities, trade schools, and culinary institutes. The community provides structured support for residents continuing their education, fostering spiritual, academic, and professional growth in an environment of shared purpose and mutual accountability. -Continuation from Part III Line 4b:Our behind the walls ministry continues to be a cornerstone of our mission, offering accompaniment, sacramental life, and formation that prepares individuals for a meaningful re-entry into society.”
“The Organization does not believe its financial statements include any material uncertain tax positions that require adjustment to the financial statements to comply with the provisions of Financial Accounting Standards Board (FASB) ASC 740, Accounting for Uncertainty in Income Taxes. Tax filings for periods ending June 30, 2022 and later are subject to examination by applicable taxing authorities.”
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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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 166452 |
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| IRS990/ActivityOrMissionDesc | 0 | The mission of Thrive for Life Prison Project is to transform lives both behind and beyond the prison walls. At Thrive for Life, we envision a world where educational opportunities provide a clear and attainable pathway to a successful and... -See continuation in Schedule O |
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| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 6666 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 12079 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 18745 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 211526 |
| IRS990/Desc | 0 | Beyond the Walls: Thrive for Life currently operates two supportive living communities in New York and one in Milwaukee, each serving as a house of studies for highly motivated individuals returning from incarceration who are continuing their education and rebuilding their lives. Ignacio House Manhattan Home to 12 resident scholars, Ignacio House provides a structured, faith-filled environment for individuals who are continuing their college or vocational studies. This past year, we successfully launched a workforce training program in floral design, in partnership with a local florist. The program offers residents both creative and practical skills that can lead to long-term employment in the floral and hospitality industries. -See continuation in Schedule O |
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| IRS990/MissionDesc | 0 | The mission of Thrive for Life Prison Project is to transform lives both behind and beyond the prison walls. At Thrive for Life, we envision a world where educational opportunities provide a clear and attainable pathway to a successful and... -See continuation in Schedule O |
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| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 42000 |
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| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 570 |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 196990 |
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| IRS990/OtherExpensesGrp/TotalAmt | 1 | 197618 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 93300 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 42000 |
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| IRS990/PrincipalOfficerNm | 0 | ZACHARIAH F PRESUTTI SJ |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Behind the Walls: Over the past fiscal year, Thrive for Life has continued to expand its transformative spiritual and educational outreach within correctional facilities across the New York metropolitan area, including Rikers Island.Through our prison ministry and retreat work, we have reached over 17,000 incarcerated men and women, offering them hope, healing, and spiritual formation grounded in the Ignatian tradition. These retreats provide an opportunity for deep reflection, renewal, and the rediscovery of human dignity amidst the challenges of incarceration.In addition to retreat programming, more than 10,000 individuals behind the walls have received Thrive for Lifes monthly newsletter, which features spiritual exercises, reflections, and messages of encouragement designed to inspire ongoing spiritual growth and resilience. -See continuation in Schedule O |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Noncurrent portion- lease liability |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Organization does not believe its financial statements include any material uncertain tax positions that require adjustment to the financial statements to comply with the provisions of Financial Accounting Standards Board (FASB) ASC 740, Accounting for Uncertainty in Income Taxes. Tax filings for periods ending June 30, 2022 and later are subject to examination by applicable taxing authorities. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) |
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| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | Beyond the Walls - program services |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | Abraham House |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 340 Willis Ave |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | Bronx |
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| IRS990ScheduleM/OtherNonCashContriTableGrp/Desc | 1 | Rent |
| IRS990ScheduleM/OtherNonCashContriTableGrp/Desc | 2 | Supplies |
| IRS990ScheduleM/OtherNonCashContriTableGrp/Desc | 3 | Furniture and fixtures |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Form 990 is provided to the organizations governing body for their review and approval prior to filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Directors, officers and other employees are required to disclose interests that could cause conflicts. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Compensation of the executive director, comptroller and human resource director were based on state and city comparability studies. Funding sources and budget limitations and restrictions were considered. These were then approved by the board of directors. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Compensation of other officers or key employees of the organization were based on state and city comparebility studies. Funding sources and budget limitations and restrictions were considered. These were then approved by the board of directors. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Information and other documents of the organization are made available to the public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Please see OVERFLOW statement. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Please see OVERFLOW statement. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Continuation from Part I Line 1 and Part III Line 1:...permanent re-entry for people coming out of prison. Our long-term ambition is to establish houses of studies across the countryresidential communities where formerly incarcerated individuals can live together in a supportive living community while pursuing their education. -Continuation from Part III Line 4a:Abraham House South BronxAt Abraham House, 24 resident scholars are enrolled in universities, community colleges, and trade schools throughout New York City. In addition, through our partnership with the New York Criminal Courts, we have welcomed six young men who are completing their alternative-to-incarceration sentences while obtaining their GED through our on-site education program.Twice a month, Abraham House hosts OSHA 40-hour training, open both to residents and to members of the surrounding community, equipping participants with credentials necessary for employment in the construction and safety industries.In the upcoming fiscal year, we will launch the Cardinals Caf, a major workforce development initiative located at... -Continuation from Part III Line 4a:...Abraham House. The Caf will provide barista and hospitality training for justice-impacted individuals while serving the local neighborhood through a coffeehouse, food pantry, and community service hub. The food pantry is projected to serve thousands of families each month, ensuring access to nutritious food and essential resources.Joseph House MilwaukeeJoseph House serves 12 resident scholars in partnership with local universities, trade schools, and culinary institutes. The community provides structured support for residents continuing their education, fostering spiritual, academic, and professional growth in an environment of shared purpose and mutual accountability. -Continuation from Part III Line 4b:Our behind the walls ministry continues to be a cornerstone of our mission, offering accompaniment, sacramental life, and formation that prepares individuals for a meaningful re-entry into society. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | CEO executive director top management comp Part VI line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other officer or key employee compensation Part VI line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Governing documents etc available to public Part VI line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | List of other fees for services expenses Part IX line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | List of other expenses Part IX line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Part III response or note to any other line in Part III |
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