Civic Intelligence

Thrive for Life Prison Project Inc

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.

30 West 16th StreetNew York, NY 10011

www.thriveforlife.org

Siviq Scores

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

Liabilities / Assets

65th percentile

0.28x

Higher debt load relative to assets than 65% of similar nonprofits.

NTEE I • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

80th percentile

0.39x

Higher debt load relative to revenue than 80% of similar nonprofits.

NTEE I • $1M-$5M nonprofits • Source year 2025

Net Margin

87th percentile

29%

Higher net margin than 87% of similar nonprofits.

NTEE I • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

NTEE I • $1M-$5M nonprofits • Source year 2025

Asset Growth

74th percentile

23%

Faster asset growth than 74% of similar nonprofits.

NTEE I • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

76th percentile

30%

Faster revenue growth than 76% of similar nonprofits.

NTEE I • $1M-$5M nonprofits • Annualized from 2024 to 2025

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

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2017: $77,801Liabilities 2017: $3,5422017Assets 2018: $468,223Liabilities 2018: $33,017Net Assets 2018: $435,2062018Assets 2019: $518,628Liabilities 2019: $116,675Net Assets 2019: $401,9532019Assets 2020: $445,782Liabilities 2020: $74,837Net Assets 2020: $370,9452020Assets 2021: $392,884Liabilities 2021: $45,717Net Assets 2021: $347,1672021Assets 2022: $620,606Liabilities 2022: $76,770Net Assets 2022: $543,8362022Assets 2023: $2,014,228Liabilities 2023: $419,601Net Assets 2023: $1,594,6272023Assets 2024: $2,718,722Liabilities 2024: $1,012,340Net Assets 2024: $1,706,3822024Assets 2025: $3,355,372Liabilities 2025: $939,813Net Assets 2025: $2,415,5592025

Highlighted filing

2025

Assets$3,355,372
Liabilities$939,813
Net Assets$2,415,559

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $92,070Expenses 2017: $17,811Net Income 2017: $74,2592017Revenue 2018: $631,759Expenses 2018: $270,812Net Income 2018: $360,9472018Revenue 2019: $354,101Expenses 2019: $387,354Net Income 2019: -$33,2532019Revenue 2020: $608,429Expenses 2020: $639,437Net Income 2020: -$31,0082020Revenue 2021: $486,762Expenses 2021: $510,808Net Income 2021: -$24,0462021Revenue 2022: $913,630Expenses 2022: $716,961Net Income 2022: $196,6692022Revenue 2023: $1,993,966Expenses 2023: $958,663Net Income 2023: $1,035,3032023Revenue 2024: $1,850,650Expenses 2024: $1,766,132Net Income 2024: $84,5182024Revenue 2025: $2,396,919Expenses 2025: $1,708,490Net Income 2025: $688,4292025

Highlighted filing

2025

Revenue$2,396,919
Expenses$1,708,490
Net Income$688,429

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 18, 2026
Return Version
2024v5.2
Gross Receipts
$2,396,919
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
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 Categories

AssetBook ValueDepreciationBasis
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--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mickael OhanaBoard Chair
Philip JudgePresidentMcQuaid Jesuit HighSchool
Mary CaseyBoard Vice President & Secretary
Zachariah F PresuttiFounder and Executive Director
Coss MarteFounder CONBODY & Coss Athletics
James CroghanSuperiorBoston College High School
Revenue and Support

Revenue Composition

Contributions and Grants
$2,382,496
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$14,423
All Other Contributions
$2,301,821
Change in Net Assets
$688,429

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$189,351Fair Market Value (FMV)
Other Non Cash Contri Table$21,375Fair Market Value (FMV)
Cars and Other Vehicles$20,500Fair Market Value (FMV)
Other Non Cash Contri Table$9,816Fair Market Value (FMV)
Other Non Cash Contri Table$7,700Fair Market Value (FMV)
Total Noncash Contributions$248,742-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,396,919
Revenue Not Reported on Form 990
$231,654
Total Revenue per Audited Statements
$2,628,573
Total Revenue per Form 990
$2,396,919
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
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

Audited Expense Reconciliation

Line ItemAmount
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
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Abraham HouseBronx, NY-Beyond the Walls - program services-
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Noncurrent portion- lease liability$271,758
Current portion of lease liability$59,885
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
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 governing body review Part VI line 11

The Form 990 is provided to the organizations governing body for their review and approval prior to filing.

Conflict of interest policy compliance Part VI line 12C

Directors, officers and other employees are required to disclose interests that could cause conflicts.

CEO executive director top management comp Part VI line 15A

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.

Other officer or key employee compensation Part VI line 15B

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.

Governing documents etc available to public Part VI line 19

Information and other documents of the organization are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Thrive for Life Prison Project Inc
EIN
81-5342358
In Care Of
% ZACHARIAH F PRESUTTI
Phone
2123377544
Address
30 WEST 16TH STREET, New York, NY 10011

Signing Officer

Name
Zachariah F Presutti Sj
Title
Founder and Executive Director
Phone
2123377544
Signed
2026-02-18
Discuss with paid preparer
No

Organization Details

Principal Officer
Zachariah F Presutti Sj
Formed
2017
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
9
Volunteers
30

Preparer

Firm
Padilla and Company LLP
Address
175-61 Hillside Avenue Ste 200, Jamaica, NY 11432
Preparer
Jose Paolo Espiritu
Phone
7185585858
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Please see OVERFLOW statement.

List of other expenses Part IX line 24E

Please see OVERFLOW statement.

Part III response or note to any other line in Part III

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.

Financial Statement Notes

Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)

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.

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IRS990/Desc0Beyond 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/OtherExpensesGrp/ProgramServicesAmt0296562
IRS990/OtherExpensesGrp/ProgramServicesAmt1196990
IRS990/OtherExpensesGrp/ProgramServicesAmt285966
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IRS990/ProgSrvcAccomActy2Grp/Desc0Behind 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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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0802390
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07109282
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IRS990ScheduleD/NetUnrealizedGainsInvstAmt020748
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0246720
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Right-of-use asset
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt077762
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt055963
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The 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/FormAndLineReferenceDesc0Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)
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IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0Forgiveness of receivable
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Beyond the Walls - program services
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Abraham House
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0340 Willis Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Bronx
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010454
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is provided to the organizations governing body for their review and approval prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Directors, officers and other employees are required to disclose interests that could cause conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation 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/ExplanationTxt3Compensation 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/ExplanationTxt4Information and other documents of the organization are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Please see OVERFLOW statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Please see OVERFLOW statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Continuation 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/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part III response or note to any other line in Part III
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IRS990/TotalAssetsEOYAmt03355372

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