Civic Intelligence

Thrive for Life Prison Project Inc.

990 • Fiscal year 2021 • EIN 81-5342358

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 30, 2021

30 West 16th StreetNew York, NY 10011

(646) 233-4330

Siviq Scores

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

Liabilities / Assets

76th percentile

0.12x

Higher debt load relative to assets than 76% of similar nonprofits.

2021 filings • NTEE I • <$500k nonprofits • Source year 2021

Liabilities / Revenue

77th percentile

0.09x

Higher debt load relative to revenue than 77% of similar nonprofits.

2021 filings • NTEE I • <$500k nonprofits • Source year 2021

Net Margin

24th percentile

-4.9%

Higher net margin than 24% of similar nonprofits.

2021 filings • NTEE I • <$500k nonprofits • Source year 2021

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2021 filings • NTEE I • <$500k nonprofits • Source year 2021

Asset Growth

20th percentile

-12%

Faster asset growth than 20% of similar nonprofits.

2021 filings • NTEE I • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

20th percentile

-20%

Faster revenue growth than 20% of similar nonprofits.

2021 filings • NTEE I • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$392,884

Down $52,898 (-12%) from 2020

Net Assets

Down

$347,167

Down $23,778 (-6.4%) from 2020

Liabilities

Down

$45,717

Down $29,120 (-39%) from 2020

Revenue

Down

$486,762

Down $121,667 (-20%) from 2020

Expenses

Down

$510,808

Down $128,629 (-20%) from 2020

Net Income

Up

-$24,046

Up $6,962 (+22%) from 2020

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

2021

Assets$392,884
Liabilities$45,717
Net Assets$347,167

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

2021

Revenue$486,762
Expenses$510,808
Net Income-$24,046
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 30, 2021
Return Version
2020v4.1
Gross Receipts
$486,762
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$253,932$300,608▲ $46,676
Land, Buildings, and Equipment, Net$89,250$71,184▼ $18,066
Accounts Receivable$102,600$13,260▼ $89,340
Investments in Publicly Traded Securities-$7,832-
Total Assets$445,782$392,884▼ $52,898
Liabilities
Accounts Payable and Accrued Expenses$74,837$45,717▼ $29,120
Total Liabilities$74,837$45,717▼ $29,120
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$251,948$322,192▲ $70,244
Net Assets With Donor Restrictions$118,997$24,975▼ $94,022
Total Net Assets Fund Balance$370,945$347,167▼ $23,778
Total Liabilities and Net Assets / Fund Balance$445,782$392,884▼ $52,898

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$48,223$28,001$76,224
Equipment$22,961$11,887$34,848
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael OhanaBoard Chair
Zachariah F PresuttiFounderPresident
Mary CaseyVice-PresidentSecretary
Coss MarteDirector
Jim CroghanDirector
Phil JudgeDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$364,948
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$121,814
All Other Contributions
$364,948
Change in Net Assets
$-24,046

Audited Revenue Reconciliation

Revenue per Audited Statements
$486,762
Revenue Not Reported on Form 990
$90,285
Total Revenue per Audited Statements
$577,047
Total Revenue per Form 990
$486,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$446,040
Total Fundraising Expense$88,231
Salaries, Compensation, and Employee Benefits$64,768
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$196,323--$196,323
Fees for Services Other$51,340$16,850$40,444$108,634
Other Salaries and Wages$24,749$10,378$10,374$45,501
Office Expenses$7,217$8,861$12,384$28,462
Depreciation Depletion$22,068--$22,068
Fees for Services Accounting-$21,600-$21,600
Travel$12,854-$5,925$18,779
Payroll Taxes$6,454$1,630$1,629$9,713
Other Employee Benefits$6,349$1,603$1,602$9,554
Insurance$6,464--$6,464
All Other Expenses$320$2,153$303$2,776
Other Expenses$1,598$233$70$1,598
Total Functional Expenses$359,269$63,308$88,231$510,808

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$601,093
Expenses per Audited Statements$510,808
Total Expenses per Form 990$510,808
Expenses Not Reported on Form 990$90,285
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 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

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 F Presutti Sj
Title
FounderPreside
Phone
2123377544
Signed
2021-10-30
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
5
Employees
2

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.

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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt092070
IRS990ScheduleA/Total509Grp/TotalAmt02025550
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0364948
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0599931
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0336842
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0631759
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt092070
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02025550
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt090285
IRS990ScheduleD/DonatedServicesUseFcltsAmt090285
IRS990ScheduleD/EquipmentGrp/BookValueAmt022961
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011887
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt034848
IRS990ScheduleD/ExpensesNotReportedAmt090285
IRS990ScheduleD/ExpensesSubtotalAmt0510808
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt048223
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt028001
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt076224
IRS990ScheduleD/RevenueNotReportedAmt090285
IRS990ScheduleD/RevenueSubtotalAmt0486762
IRS990ScheduleD/TotalBookValueLandBuildingsAmt071184
IRS990ScheduleD/TotalExpensesPerForm990Amt0510808
IRS990ScheduleD/TotalRevenuePerForm990Amt0486762
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0577047
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0601093
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/ExplanationTxt6Please 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 fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other expenses Part IX line 24e
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0445782
IRS990/TotalAssetsEOYAmt0392884
IRS990/TotalAssetsGrp/BOYAmt0445782
IRS990/TotalAssetsGrp/EOYAmt0392884
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0364948
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt088231
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt063308
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0359269
IRS990/TotalFunctionalExpensesGrp/TotalAmt0510808
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt074837
IRS990/TotalLiabilitiesEOYAmt045717
IRS990/TotalLiabilitiesGrp/BOYAmt074837
IRS990/TotalLiabilitiesGrp/EOYAmt045717
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0370945
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0347167
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0359269
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0121814
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0486762
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0445782
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0392884
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt05925
IRS990/TravelGrp/ProgramServicesAmt012854
IRS990/TravelGrp/TotalAmt018779
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.THRIVEFORLIFE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ZACHARIAH F PRESUTTI SJ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FounderPreside
ReturnHeader/BusinessOfficerGrp/PhoneNum02123377544
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THRIVE FOR LIFE PRISON PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0THRI
ReturnHeader/Filer/EIN0815342358
ReturnHeader/Filer/USAddress/AddressLine1Txt030 WEST 16TH STREET
ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010011
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113287732
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Padilla and Company LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0175-61 Hillside Avenue Ste 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Jamaica
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011432
ReturnHeader/PreparerPersonGrp/PhoneNum07185585858

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