Civic Intelligence

Thrive for Life Prison Project Inc.

990 • Fiscal year 2019 • EIN 81-5342358

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 11, 2019

30 West 16th StreetNew York, NY 10011

(212) 337-7544

Siviq Scores

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

Liabilities / Assets

75th percentile

0.22x

Higher debt load relative to assets than 75% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

82nd percentile

0.33x

Higher debt load relative to revenue than 82% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

21st percentile

-9.4%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

56th percentile

$21,538

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

66th percentile

11%

Faster asset growth than 66% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

6th percentile

-44%

Faster revenue growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$518,628

Up $50,405 (+11%) from 2018

Net Assets

Down

$401,953

Down $33,253 (-7.6%) from 2018

Liabilities

Up

$116,675

Up $83,658 (+253%) from 2018

Revenue

Down

$354,101

Down $277,658 (-44%) from 2018

Expenses

Up

$387,354

Up $116,542 (+43%) from 2018

Net Income

Down

-$33,253

Down $394,200 (-109%) from 2018

Historical Trend

Balance Sheet Trend

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

$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

2019

Assets$518,628
Liabilities$116,675
Net Assets$401,953

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2019

Revenue$354,101
Expenses$387,354
Net Income-$33,253
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 11, 2019
Return Version
2018v3.1
Gross Receipts
$354,101
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$468,223$446,390▼ $21,833
Land, Buildings, and Equipment, Net-$60,238-
Accounts Receivable-$12,000-
Total Assets$468,223$518,628▲ $50,405
Liabilities
Accounts Payable and Accrued Expenses$33,017$116,675▲ $83,658
Total Liabilities$33,017$116,675▲ $83,658
Net Assets / Fund Balance
Unrestricted Net Assets$213,035$300,643▲ $87,608
Temporarily Rstr Net Assets$222,171$101,310▼ $120,861
Total Net Assets Fund Balance$435,206$401,953▼ $33,253
Total Liabilities and Net Assets / Fund Balance$468,223$518,628▲ $50,405

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$43,267$733$44,000
Equipment$16,971$288$17,259
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tracey TynanExecutive DirectorFT$21,538$21,538
Jack MattimoreExecutive DirectorPT$16,500$16,500
Zachariah F PresuttiFounderPT$1,500$1,500

Board Members and Trustees

NameTitle
Michael OhanaChairperson
Mary CaseyVice-ChairpersonSecretary
Coss MarteMember
Jim CroghanMember
Joe ParkesMember
Lorraine CapuanoMember
Phil JudgeMember
Revenue and Support

Revenue Composition

Contributions and Grants
$343,576
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$10,525
All Other Contributions
$343,576
Change in Net Assets
$-33,253

Audited Revenue Reconciliation

Revenue per Audited Statements
$354,101
Revenue Not Reported on Form 990
$32,454
Total Revenue per Audited Statements
$386,555
Total Revenue per Form 990
$354,101
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$214,076
Other Expenses$173,278
Total Fundraising Expense$72,628
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$128,832$19,590$32,028$180,450
All Other Expenses$22,263$11,459$3,684$37,406
Occupancy$34,977--$34,977
Other Employee Benefits$13,547$1,783$5,397$20,727
Fees for Services Accounting-$20,154-$20,154
Other Expenses$11,376$4,430$1,093$16,899
Payroll Taxes$8,431$1,109$3,359$12,899
Travel$7,176$3,450$101$10,727
Information Technology-$1,070-$1,070
Depreciation Depletion$1,021--$1,021
Conferences and Meetings$66--$66
Insurance--$28$28
Total Functional Expenses$247,556$67,170$72,628$387,354

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$419,808
Expenses per Audited Statements$387,354
Total Expenses per Form 990$387,354
Expenses Not Reported on Form 990$32,454
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
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 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

A copy of the Form 990 is provided to the Board before filing.

Conflict of interest policy compliance Part VI line 12C

The Board reviews compliance to Conflict of Interest Policy including any updates.

CEO executive director top management comp Part VI line 15A

During budget review, the Board also reviews the compensation of top management.

Other officer or key employee compensation Part VI line 15B

During budget review, the Board also reviews compensation of other officers or employees.

Governing documents etc available to public Part VI line 19

Governing documents and other information are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Thrive for Life Prison Project Inc
EIN
81-5342358
Address
30 WEST 16TH STREET, New York, NY 10011

Signing Officer

Name
Zachariah Presutti
Title
Founder
Phone
2123377544
Signed
2019-03-11
Discuss with paid preparer
No

Organization Details

Principal Officer
Zachariah F Presutti SJ
Formed
2017
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
40

Preparer

Firm
Padilla and Company LLP
Address
175-61 Hillside Ave, Jamaica, NY 11432
Preparer
Ramon Guiyab
Phone
7185585858
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Please see Overflow statement.

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IRS990/ProgSrvcAccomActy3Grp/Desc0Action: Thrive For Life builds relationships with individuals while theyre incarcerated and then continues nurturing those connections on the outside. This continuity of care is essential to our mission. We understand where people have been and what theyve been through. Mutual respect and trust form the bridge between the inside and the outside. The housing crisis in New York City is especially intense for men and women reentering after years of incarceration. Moving from the deplorable conditions of a prison cell to an overcrowded shelter is not responsible or sustainable. The answer is to provide a holistic continuity of care for this vulnerable population.
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IRS990/PYRevenuesLessExpensesAmt0360448
IRS990/PYSalariesCompEmpBnftPaidAmt0126947
IRS990/PYTotalExpensesAmt0271311
IRS990/PYTotalProfFndrsngExpnsAmt0499
IRS990/PYTotalRevenueAmt0631759
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-33253
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt010525
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0336842
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0631759
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt092070
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01060671
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt01060671
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0336842
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0631759
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt092070
IRS990ScheduleA/Total509Grp/TotalAmt01060671
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0336842
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0631759
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt092070
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01060671
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt032454
IRS990ScheduleD/DonatedServicesUseFcltsAmt032454
IRS990ScheduleD/EquipmentGrp/BookValueAmt016971
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0288
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017259
IRS990ScheduleD/ExpensesNotReportedAmt032454
IRS990ScheduleD/ExpensesSubtotalAmt0387354
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt043267
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0733
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt044000
IRS990ScheduleD/RevenueNotReportedAmt032454
IRS990ScheduleD/RevenueSubtotalAmt0354101
IRS990ScheduleD/TotalBookValueLandBuildingsAmt060238
IRS990ScheduleD/TotalExpensesPerForm990Amt0387354
IRS990ScheduleD/TotalRevenuePerForm990Amt0354101
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0386555
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0419808
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the Form 990 is provided to the Board before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board reviews compliance to Conflict of Interest Policy including any updates.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2During budget review, the Board also reviews the compensation of top management.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3During budget review, the Board also reviews compensation of other officers or employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents and other information are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Please see Overflow statement.
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 expenses Part IX line 24e
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0222171
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0101310
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0468223
IRS990/TotalAssetsEOYAmt0518628
IRS990/TotalAssetsGrp/BOYAmt0468223
IRS990/TotalAssetsGrp/EOYAmt0518628
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0343576
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt072628
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt067170
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0247556
IRS990/TotalFunctionalExpensesGrp/TotalAmt0387354
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt033017
IRS990/TotalLiabilitiesEOYAmt0116675
IRS990/TotalLiabilitiesGrp/BOYAmt033017
IRS990/TotalLiabilitiesGrp/EOYAmt0116675
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0435206
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0401953
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0247556
IRS990/TotalReportableCompFromOrgAmt039538
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010525
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0354101
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0468223
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0518628
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt0101
IRS990/TravelGrp/ManagementAndGeneralAmt03450
IRS990/TravelGrp/ProgramServicesAmt07176
IRS990/TravelGrp/TotalAmt010727
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0213035
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0300643
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.THRIVEFORLIFE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ZACHARIAH PRESUTTI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum02123377544
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THRIVE FOR LIFE PRISON PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0THRI

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