Civic Intelligence

Thrive Mighty

990EZ • Fiscal year 2023 • EIN 82-2796506

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 25, 2024

Organization Profilewww.thrivemighty.org
3816 18th Avenue SMinneapolis, MN 55407

(651) 380-7833

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$16,518

Flat from 2023

Net Assets

$15,881

No earlier filing loaded for comparison.

Liabilities

Flat

$637

Flat from 2023

Revenue And Expenses

Revenue

Flat

$16,068

Flat from 2023

Expenses

Flat

$26,862

Flat from 2023

Net Income

Flat

-$10,794

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2020: $31,912Liabilities 2020: $4,1122020Assets 2021: $28,240Liabilities 2021: $1,6142021Assets 2022: $27,546Liabilities 2022: $871Net Assets 2022: $26,6752022Assets 2023: $16,518Liabilities 2023: $637Net Assets 2023: $15,8812023Assets 2023: $16,518Liabilities 2023: $6372023

Highlighted filing

2023

Assets$16,518
Liabilities$637
Net Assets$15,881
Open 2023 Filing

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2020: $55,320Expenses 2020: $45,900Net Income 2020: $9,4202020Revenue 2021: $38,871Expenses 2021: $40,045Net Income 2021: -$1,1742021Revenue 2022: $29,666Expenses 2022: $29,617Net Income 2022: $492022Revenue 2023: $16,068Expenses 2023: $26,862Net Income 2023: -$10,7942023Revenue 2023: $16,068Expenses 2023: $26,862Net Income 2023: -$10,7942023

Highlighted filing

2023

Revenue$16,068
Expenses$26,862
Net Income-$10,794
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 25, 2024
Return Version
2023v5.0
Gross Receipts
$16,068
Mission and Program Overview

Mission

Provide equitable access to wellness opportunities

Provide equitable access to wellness opportunties

Program Services

DescriptionGrantsExpenses
Provided large, small group and individual wellness and fitness training to underserviced, marginalized populations including people with intellectual disabilities, LGBTQIA+, and Senior Citizens. Serving 50+ individuals and their families.$0$19,095
Inclusive social networking including social gatherings and outdoor adventures. Servicing 30+ individuals and their families. Serving 30+ individuals and their families.$0$3,167
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Benjamin SwartsExecutive DirectorPT$18,000-$18,000
Nell Coonen-KorteSecretary-Treasurer-$0--
Ellen PearsonBoard Member-$0--
Aaron AmundsonBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Thrive Mighty
EIN
82-2796506
Phone
6513807833
Address
3816 18th Avenue S, Minneapolis, MN 55407

Signing Officer

Name
Benjamin Swarts
Title
Executive Director
Phone
6513807833
Signed
2024-08-25
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Computer and Internet Expenses $1,323; Insurance Expenses $742.00; Program Event Expenses $1,749.00”

Form 990-EZ, Part II, Line 26

“Payroll Liabilities Beginning of Year $871.00; Payroll Liabilities End of Year $637.00”

Raw XML Appendix217 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.

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IRS990EZ/PrintingPublicationsPostageAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Inclusive social networking including social gatherings and outdoor adventures. Servicing 30+ individuals and their families. Serving 30+ individuals and their families.
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IRS990EZ/WebsiteAddressTxt0www.thrivemighty.org
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Thrive Mighty receives it's support from contributions and receipts related to our exempt purpose activites.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part I, Line 10
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Computer and Internet Expenses $1,323; Insurance Expenses $742.00; Program Event Expenses $1,749.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Payroll Liabilities Beginning of Year $871.00; Payroll Liabilities End of Year $637.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0Thrive Mighty has struggled since the pandemic. In late 2023 our board of directors made the difficult decision to sunset Thrive Mighty. The last part of 2023 and first part of 2024 was spent ensuring all of our client's needs would continue to be met by other organizations. Our clients have been able to seamlessly transition and are doing well. In addition we have been completing all of the steps of dissolving Thrive Mighty and identifying the organization that should receive the funds that we have left. We made the decision to have our volunteer bookkeepper/accountant complete and file our 990. We did not want to pay our CPA firm another $650 to complete our return and wanted those funds to go forward to ensure our clients are served. We did not realize that the rules had changed and that we were required to file electronically even though we were doing the return "inhouse". We are sorry for our error and ask that you waive any penalties. We will be filing our final 990 for 2024 and now know how to accomplish that electronically.
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Benjamin Swarts
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06513807833
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THRIVE MIGHTY
ReturnHeader/Filer/BusinessNameControlTxt0THRI
ReturnHeader/Filer/EIN0822796506
ReturnHeader/Filer/PhoneNum06513807833
ReturnHeader/Filer/USAddress/AddressLine1Txt03816 18th Avenue S
ReturnHeader/Filer/USAddress/CityNm0Minneapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055407
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-08-25T15:41:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,518
Liabilities
$637
Net assets
$15,881
Revenue
$16,068
Expenses
$26,862
Net income
-$10,794
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$16.5$0.64$15.9$16.1$26.9$10.8
2023Summary only. Only limited summary data is available for this year.$16.5$0.64$16.1$26.9$10.8
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.5$0.87$26.7$29.7$29.6$0.05
2021Summary only. Only limited summary data is available for this year.$28.2$1.61$38.9$40.0$1.17
2020Summary only. Only limited summary data is available for this year.$31.9$4.11$55.3$45.9$9.42