Civic Intelligence

Thrival Academy Indy Inc.

990 • Fiscal year 2019 • EIN 82-2413891

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 15, 2020

Organization ProfileTHRIVALINDY.ORG
4825 North Arlington AvenueIndianapolis, IN 46226

(317) 226-4868

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.01x

Higher debt load relative to assets than 42% of similar nonprofits.

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

Liabilities / Revenue

32nd percentile

0.00x

Higher debt load relative to revenue than 32% of similar nonprofits.

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

Net Margin

81st percentile

25%

Higher net margin than 81% of similar nonprofits.

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

Top Officer Pay

61st percentile

$37,452

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets42nd percentile

Assets

$199,943

No earlier filing loaded for comparison.

Net Assets

$197,497

No earlier filing loaded for comparison.

Liabilities

$2,446

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue32nd percentileNet Margin81st percentile

Revenue

$777,842

No earlier filing loaded for comparison.

Expenses

$580,345

No earlier filing loaded for comparison.

Net Income

$197,497

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$200K$150K$100K$50K$0Assets 2019: $199,943Liabilities 2019: $2,446Net Assets 2019: $197,4972019Assets 2020: $71,643Liabilities 2020: $38,962Net Assets 2020: $32,6812020Assets 2021: $181,768Liabilities 2021: $60,590Net Assets 2021: $121,1782021Assets 2022: $144,549Liabilities 2022: $5,353Net Assets 2022: $139,1962022Assets 2023: $78,667Liabilities 2023: $6,886Net Assets 2023: $71,7812023Assets 2024: $128,554Liabilities 2024: $0Net Assets 2024: $128,5542024

Highlighted filing

2019

Assets$199,943
Liabilities$2,446
Net Assets$197,497
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2019: $777,842Expenses 2019: $580,345Net Income 2019: $197,4972019Revenue 2020: $6,018Expenses 2020: $169,798Net Income 2020: -$163,7802020Revenue 2021: $777,487Expenses 2021: $688,990Net Income 2021: $88,4972021Revenue 2022: $1,325,386Expenses 2022: $1,307,368Net Income 2022: $18,0182022Revenue 2023: $1,906,554Expenses 2023: $1,973,969Net Income 2023: -$67,4152023Revenue 2024: $1,702,433Expenses 2024: $1,645,660Net Income 2024: $56,7732024

Highlighted filing

2019

Revenue$777,842
Expenses$580,345
Net Income$197,497
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 15, 2020
Return Version
2018v3.2
Gross Receipts
$777,842
Mission and Program Overview

Mission

Thrival academy indy is a humanities-focused high school which exposes students to diverse global perspectives through experiential learning and identity exploration in order to incubate educated global citizens and passionate community leaders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$199,943-
Total Assets$0$199,943▲ $199,943
Liabilities
Other Liabilities$0$2,446▲ $2,446
Total Liabilities$0$2,446▲ $2,446
Net Assets / Fund Balance
Unrestricted Net Assets-$197,497-
Total Net Assets Fund Balance$0$197,497▲ $197,497
Total Liabilities and Net Assets / Fund Balance$0$199,943▲ $199,943
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
India HuiExecutive DirectorFT$36,357$1,095$37,452

Board Members and Trustees

NameTitle
Julius MansaChair
Drew CattVice Chair
Craig MeisterBoard Director
Meagan Burton-kriegerBoard Director
Roya PorterBoard Director
Terri GistSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$777,766
Program Service Revenue
$0
Investment Income
$76
Other Revenue
$0
All Other Contributions
$304,440
Change in Net Assets
$197,497

Audited Revenue Reconciliation

Revenue per Audited Statements
$777,842
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$168,850
Total Revenue per Audited Statements
$946,692
Total Revenue per Form 990
$777,842
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$314,531
Other Expenses$265,814
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$230,104--$230,104
Other Salaries and Wages$157,884$19,552-$177,436
Current Officers, Directors, Trustees, and Key Employees$71,802$8,742-$80,544
Office Expenses$24,902--$24,902
Payroll Taxes$20,761$1,705-$22,466
Pension Plan Contributions$16,411$1,348-$17,759
Other Employee Benefits$15,087$1,239-$16,326
Travel$10,808--$10,808
Total Functional Expenses$547,759$32,586$0$580,345

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$749,195
Expenses per Audited Statements$580,345
Total Expenses per Form 990$580,345
Expenses Not Reported on Form 990$168,850
Expenses Not Reported on Financial Statements$0
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
Payroll Tax Withholdings$2,446
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
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, Part VI, Section A, Line 8A

“The past board was very unstructured. This has changed since fy19 and everything in fy20 and beyond is documented in great detail.”

Form 990, Part VI, Section A, Line 8B

“The organization does not have committees with the authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The executive director and/or board treasurer reviews the form 990 before filing.”

Form 990, Part VI, Section B, Line 12C

“Board members are asked to sign a board agreement annually, in which conflict of interest is covered.”

Form 990, Part VI, Section B, Line 15

“There was not a process in the fy19 period, which led to the executive director being comparatively underpaid. There is now a process which involved looking at publicly available data on pay in similar roles in the area, board deliberation and voting.”

Form 990, Part VI, Section C, Line 19

“Documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Thrival Academy Indy Inc
EIN
82-2413891
Phone
3172264868
Address
4825 NORTH ARLINGTON AVENUE, INDIANAPOLIS, IN 46226

Signing Officer

Name
Blair Hartman
Title
Board Treasurer
Phone
3173953363
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Blair Hartman
Formed
2017
Legal Domicile
In
Voting Board Members
6
Independent Board Members
6
Employees
5
Volunteers
10

Preparer

Firm
Donovan Pc
Address
5151 E US HWY 36, AVON, IN 46123
Preparer
Jeffrey M Donovan CPA Cva Maff
Phone
3177456411
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The school has adopted applicable guidance with respect to accounting for uncertainty in income taxes. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit will be recorded. The school does not expect the total amount of unrecorded tax benefits to significantly change in the next 12 months. The school recognizes interest and/or penalties related to income tax matters in income tax expense. The school did not incur any amounts for interest and penalties as of june 30, 2019.”

Raw XML Appendix344 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THRIVAL ACADEMY INDY IS A HUMANITIES-FOCUSED HIGH SCHOOL WHICH EXPOSES STUDENTS TO DIVERSE GLOBAL PERSPECTIVES THROUGH EXPERIENTIAL LEARNING AND IDENTITY EXPLORATION IN ORDER TO INCUBATE EDUCATED GLOBAL CITIZENS AND PASSIONATE COMMUNITY LEADERS.
IRS990/AllOtherContributionsAmt0304440
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BLAIR HARTMAN
IRS990/BooksInCareOfDetail/PhoneNum03173953363
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt09210 N COLLEGE AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046240
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/EOYAmt0199943
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt08742
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt071802
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt080544
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0777766
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt076
IRS990/CYOtherExpensesAmt0265814
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0197497
IRS990/CYSalariesCompEmpBnftPaidAmt0314531
IRS990/CYTotalExpensesAmt0580345
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0777842
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THRIVAL ACADEMY INDY IS AN INDIANAPOLIS PUBLIC SCHOOL (IPS) INNOVATION NETWORK SCHOOL OFFERING STUDY ABROAD PROGRAMS AT NO COSTS TO STUDENTS OR FAMILIES. THE SCHOOL BEGAN OPERATIONS FOR THE 2018-2019 SCHOOL YEAR SERVING ELIGIBLE STUDENTS IN GRADE 11.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0547759
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt660.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt61095
IRS990/Form990PartVIISectionAGrp/PersonNm0JULIUS MANSA
IRS990/Form990PartVIISectionAGrp/PersonNm1DREW CATT
IRS990/Form990PartVIISectionAGrp/PersonNm2TERRI GIST
IRS990/Form990PartVIISectionAGrp/PersonNm3MEAGAN BURTON-KRIEGER
IRS990/Form990PartVIISectionAGrp/PersonNm4ROYA PORTER
IRS990/Form990PartVIISectionAGrp/PersonNm5CRAIG MEISTER
IRS990/Form990PartVIISectionAGrp/PersonNm6INDIA HUI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt636357
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0473326
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0777842
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InitialReturnInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt076
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt076
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
IRS990/MissionDesc0THRIVAL ACADEMY INDY IS A HUMANITIES-FOCUSED HIGH SCHOOL WHICH EXPOSES STUDENTS TO DIVERSE GLOBAL PERSPECTIVES THROUGH EXPERIENTIAL LEARNING AND IDENTITY EXPLORATION IN ORDER TO INCUBATE EDUCATED GLOBAL CITIZENS AND PASSIONATE COMMUNITY LEADERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesEOYAmt0197497
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt024902
IRS990/OfficeExpensesGrp/TotalAmt024902
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01239
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015087
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016326
IRS990/OtherExpensesGrp/Desc0STUDENT PROGRAMMING COS
IRS990/OtherExpensesGrp/ProgramServicesAmt0230104
IRS990/OtherExpensesGrp/TotalAmt0230104
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt02446
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt019552
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0157884
IRS990/OtherSalariesAndWagesGrp/TotalAmt0177436
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01705
IRS990/PayrollTaxesGrp/ProgramServicesAmt020761
IRS990/PayrollTaxesGrp/TotalAmt022466
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01348
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt016411
IRS990/PensionPlanContributionsGrp/TotalAmt017759
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BLAIR HARTMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYExcessBenefitTransInd00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0197497
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0168850
IRS990ScheduleD/DonatedServicesUseFcltsAmt0168850
IRS990ScheduleD/ExpensesNotReportedAmt0168850
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0580345
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02446
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAX WITHHOLDINGS
IRS990ScheduleD/RevenueNotReportedAmt0168850
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0777842
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS ADOPTED APPLICABLE GUIDANCE WITH RESPECT TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT WILL BE RECORDED. THE SCHOOL DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECORDED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE SCHOOL RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE SCHOOL DID NOT INCUR ANY AMOUNTS FOR INTEREST AND PENALTIES AS OF JUNE 30, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0580345
IRS990ScheduleD/TotalLiabilityAmt02446
IRS990ScheduleD/TotalRevenuePerForm990Amt0777842
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0946692
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0749195
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0CREATING THE INFRASTRUCTURE FOR ALL STAFF MEMBERS TO HAVE ACCESS TO ROBUST PROFESSIONAL LEARNING EXPERIENCES AROUND RACIAL EQUITY. ACTIVATING AND RESPONDING ACCORDINGLY TO SUPPORT THE DISTRICT'S MOST VULNERABLE COMMUNITIES, ESPECIALLY IN THE EVENT OF AN UNPRECEDENTED CRISIS (E.G., A GLOBAL PANDEMIC). INTENTIONALLY ENSURING THAT ALL STUDENTS HAVE ACCESS TO HIGH-QUALITY, CULTURALLY RELEVANT CURRICULUMS AND INSTRUCTIONAL MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1N/A - THE ORGANIZATION DOES NOT AWARD SCHOLARSHIPS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RECEIVES FUNDING FROM THE STATE OF INDIANA AS WELL AS VARIOUS FEDERALLY-FUNDED EDUCATIONAL PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PAST BOARD WAS VERY UNSTRUCTURED. THIS HAS CHANGED SINCE FY19 AND EVERYTHING IN FY20 AND BEYOND IS DOCUMENTED IN GREAT DETAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR AND/OR BOARD TREASURER REVIEWS THE FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS ARE ASKED TO SIGN A BOARD AGREEMENT ANNUALLY, IN WHICH CONFLICT OF INTEREST IS COVERED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE WAS NOT A PROCESS IN THE FY19 PERIOD, WHICH LED TO THE EXECUTIVE DIRECTOR BEING COMPARATIVELY UNDERPAID. THERE IS NOW A PROCESS WHICH INVOLVED LOOKING AT PUBLICLY AVAILABLE DATA ON PAY IN SIMILAR ROLES IN THE AREA, BOARD DELIBERATION AND VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt0199943
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0199943
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0777766
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032586
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0547759
IRS990/TotalFunctionalExpensesGrp/TotalAmt0580345
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt02446
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt02446
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0197497
IRS990/TotalOtherCompensationAmt01095
IRS990/TotalProgramServiceExpensesAmt0547759
IRS990/TotalReportableCompFromOrgAmt036357
IRS990/TotalRevenueGrp/ExclusionAmt076
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0777842
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0199943
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt010808
IRS990/TravelGrp/TotalAmt010808
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0197497
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04825 NORTH ARLINGTON AVENUE
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046226
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0THRIVALINDY.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BLAIR HARTMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03173953363
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THRIVAL ACADEMY INDY INC
ReturnHeader/Filer/BusinessNameControlTxt0THRI
ReturnHeader/Filer/EIN0822413891
ReturnHeader/Filer/PhoneNum03172264868
ReturnHeader/Filer/USAddress/AddressLine1Txt04825 NORTH ARLINGTON AVENUE
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046226
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08C65E6A10BEE2D58982EE0E370A1E3A8A314F727
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06193D5BB7C5C4FFD6E47EBF82CD0417B1D155897
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.78.71.106
ReturnHeader/FilingSecurityInformation/IPDt02020-07-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:33:32
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351356555
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DONOVAN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05151 E US HWY 36
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AVON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046123
ReturnHeader/PreparerPersonGrp/PhoneNum03177456411
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY M DONOVAN CPA CVA MAFF
ReturnHeader/ReturnTs02020-07-15T13:28:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$199,943
Liabilities
$2,446
Net assets
$197,497
Revenue
$777,842
Expenses
$580,345
Net income
$197,497
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$1.70$1.65$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.07$1.91$1.97$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.14$0.01$0.14$1.33$1.31$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.18$0.06$0.12$0.78$0.69$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.07$0.04$0.03$0.01$0.17$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.78$0.58$0.20