Civic Intelligence

Thrive for Life Prison Project Inc.

990 • Fiscal year 2024 • EIN 81-5342358

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 11, 2025

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

75th percentile

0.37x

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

2024 filings • NTEE I • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.55x

Higher debt load relative to revenue than 88% of similar nonprofits.

2024 filings • NTEE I • $1M-$5M nonprofits • Source year 2024

Net Margin

55th percentile

4.6%

Higher net margin than 55% of similar nonprofits.

2024 filings • NTEE I • $1M-$5M nonprofits • Source year 2024

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.

2024 filings • NTEE I • $1M-$5M nonprofits • Source year 2024

Asset Growth

79th percentile

35%

Faster asset growth than 79% of similar nonprofits.

2024 filings • NTEE I • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-7.2%

Faster revenue growth than 22% of similar nonprofits.

2024 filings • NTEE I • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,718,722

Up $704,494 (+35%) from 2023

Net Assets

Up

$1,706,382

Up $111,755 (+7.0%) from 2023

Liabilities

Up

$1,012,340

Up $592,739 (+141%) from 2023

Revenue

Down

$1,850,650

Down $143,316 (-7.2%) from 2023

Expenses

Up

$1,766,132

Up $807,469 (+84%) from 2023

Net Income

Down

$84,518

Down $950,785 (-92%) from 2023

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

2024

Assets$2,718,722
Liabilities$1,012,340
Net Assets$1,706,382

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

2024

Revenue$1,850,650
Expenses$1,766,132
Net Income$84,518
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 11, 2025
Return Version
2023v6.0
Gross Receipts
$1,850,650
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
Land, Buildings, and Equipment, Net$698,725$1,981,493▲ $1,282,768
Savings and Temporary Cash Investments$615,563$366,480▼ $249,083
Cash and Non-Interest-Bearing Accounts$354,951$51,605▼ $303,346
Prepaid Expenses and Deferred Charges$20,543$24,579▲ $4,036
Accounts Receivable$23,458$20,150▼ $3,308
Total Assets$2,014,228$2,718,722▲ $704,494
Other Assets Total$300,988$274,415▼ $26,573
Liabilities
Unsecured Notes Loans Payable-$400,000-
Other Liabilities$327,469$340,617▲ $13,148
Accounts Payable and Accrued Expenses$92,132$271,723▲ $179,591
Total Liabilities$419,601$1,012,340▲ $592,739
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$785,495$1,340,196▲ $554,701
Net Assets With Donor Restrictions$809,132$366,186▼ $442,946
Total Net Assets Fund Balance$1,594,627$1,706,382▲ $111,755
Total Liabilities and Net Assets / Fund Balance$2,014,228$2,718,722▲ $704,494

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,476,033$147,766$1,623,799
Buildings$441,818$8,182$450,000
Other Land Buildings$63,642$46,659$110,301
Equipment-$2,780$2,780
Other Assets Org$274,415--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mickael OhanaBoard Chair
Philip JudgePresidentMcQuaid Jesuit High
Mary CaseyBoard Vice President & Secret
Zachariah F PresuttiFounder and Executive Directo
Coss MarteFounder CONBODY & Coss Athle
James CroghanSuperiorBoston College High
Revenue and Support

Revenue Composition

Contributions and Grants
$1,849,061
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,589
All Other Contributions
$1,792,517
Change in Net Assets
$84,518

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$100,000-
Works of Art$45,000Fair Market Value (FMV)
Other Non Cash Contri Table$21,375-
Other Non Cash Contri Table$12,000-
Total Noncash Contributions$178,375-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,850,650
Revenue Not Reported on Form 990
$160,612
Total Revenue per Audited Statements
$2,011,262
Total Revenue per Form 990
$1,850,650
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,255,438
Total Fundraising Expense$367,221
Grants and Similar Amounts Paid$311,710
Salaries, Compensation, and Employee Benefits$198,984
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$311,710--$311,710
Other Salaries and Wages-$85,000$80,250$165,250
Travel$57,477$7,315$72,454$137,246
Depreciation Depletion$110,656--$110,656
Insurance$87,493$984-$88,477
Occupancy$87,989--$87,989
Office Expenses$24,163$11,328$43,751$79,242
Other Employee Benefits-$16,167$17,567$33,734
Other Expenses$79,126$2,531$20,000$20,000
All Other Expenses$15,817$3,000$1,135$19,952
Total Functional Expenses$1,220,052$178,859$367,221$1,766,132

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,899,507
Expenses per Audited Statements$1,766,132
Total Expenses per Form 990$1,766,132
Expenses Not Reported on Form 990$133,375
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Abraham HouseBronx, NY-Beyond the Walls - program services$311,710
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$280,732
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

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
Founder and Exe
Phone
2123377544
Signed
2025-04-11
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
0
Employees
5
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.

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IRS990/PYTotalExpensesAmt0958663
IRS990/PYTotalRevenueAmt01993966
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt084518
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0615563
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0366480
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01747517
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01930622
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0802390
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0364948
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0599931
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05445408
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt05445408
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01747517
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01930622
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0802390
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0364948
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0599931
IRS990ScheduleA/Total509Grp/TotalAmt05445408
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01747517
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01930622
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0802390
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0364948
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0599931
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05445408
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/ArtPublicExhibitionAmountsGrp/RevenuesIncludedAmt045000
IRS990ScheduleD/BuildingsGrp/BookValueAmt0441818
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08182
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0450000
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0133375
IRS990ScheduleD/DonatedServicesUseFcltsAmt0133375
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02780
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02780
IRS990ScheduleD/ExpensesNotReportedAmt0133375
IRS990ScheduleD/ExpensesSubtotalAmt01766132
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01476033
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0147766
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01623799
IRS990ScheduleD/NetUnrealizedGainsInvstAmt027237
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0274415
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Right-of-use asset
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt063642
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046659
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0110301
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt059885
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1280732
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Current portion of lease liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Noncurrent portion- lease liability
IRS990ScheduleD/RevenueNotReportedAmt0160612
IRS990ScheduleD/RevenueSubtotalAmt01850650
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01981493
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0274415
IRS990ScheduleD/TotalExpensesPerForm990Amt01766132
IRS990ScheduleD/TotalLiabilityAmt0340617
IRS990ScheduleD/TotalRevenuePerForm990Amt01850650
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02011262
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01899507
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0311710
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
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Abraham House donation: $ 311,710 - Beyond the Walls
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Staff-costs
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Rent
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2Professional fees
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd2X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0100000
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt121375
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt212000
IRS990ScheduleM/WorksOfArtGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/WorksOfArtGrp/NonCashCheckboxInd0X
IRS990ScheduleM/WorksOfArtGrp/NoncashContributionsRptF990Amt045000
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02014228
IRS990/TotalAssetsEOYAmt02718722
IRS990/TotalAssetsGrp/BOYAmt02014228
IRS990/TotalAssetsGrp/EOYAmt02718722
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01849061
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0367221
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0178859
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01220052
IRS990/TotalFunctionalExpensesGrp/TotalAmt01766132
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0419601
IRS990/TotalLiabilitiesEOYAmt01012340
IRS990/TotalLiabilitiesGrp/BOYAmt0419601
IRS990/TotalLiabilitiesGrp/EOYAmt01012340
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01594627
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01706382
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01220052
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01589
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01850650
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02014228
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02718722
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false

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