Civic Intelligence

Thrive Ed

990EZ • Fiscal year 2020 • EIN 83-3718861

Jul 01, 2019 to Jun 30, 2020 • Filed on May 01, 2021

11501 Ridgemount Ave WMinnetonka, MN 55305

(612) 384-2193

Siviq Scores

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Balance Sheet

Assets

$27,260

No earlier filing loaded for comparison.

Net Assets

$19,760

No earlier filing loaded for comparison.

Liabilities

$7,500

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

$111,371

No earlier filing loaded for comparison.

Expenses

$94,456

No earlier filing loaded for comparison.

Net Income

$16,915

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2020: $27,260Liabilities 2020: $7,500Net Assets 2020: $19,7602020Assets 2021: $6,466Liabilities 2021: $5,823Net Assets 2021: $6432021Assets 2022: $342,421Liabilities 2022: $20,728Net Assets 2022: $321,6932022Assets 2023: $53,979Liabilities 2023: $20,369Net Assets 2023: $33,6102023

Highlighted filing

2020

Assets$27,260
Liabilities$7,500
Net Assets$19,760

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2020: $111,371Expenses 2020: $94,456Net Income 2020: $16,9152020Revenue 2021: $27,181Expenses 2021: $46,298Net Income 2021: -$19,1172021Revenue 2022: $541,570Expenses 2022: $220,683Net Income 2022: $320,8872022Revenue 2023: $273,074Expenses 2023: $561,157Net Income 2023: -$288,0832023

Highlighted filing

2020

Revenue$111,371
Expenses$94,456
Net Income$16,915
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 1, 2021
Return Version
2019v5.0
Gross Receipts
$111,371
Mission and Program Overview

Mission

Thrive Ed's purpose is to fundamentally transform education by powering teachers, leadership teams, and students individually and collectively, to thrive in school and life and in a global society, and transform education as we know it through innovation as problem-solvers, providing increased opportunity for those traditionally underserved in schools, and expanding possibilities for learners in a rewarding academic journey that broadens perspectives and intellect and prepares dynamic leaders of the next generation.

Program Services

DescriptionGrantsExpenses
Our early efforts in our internship program were incredibly promising. In 2019 during our summer internship pilot, 21 middle and high school students from across the Twin Cities and 7 educators were hired to conduct research and share their perspectives on what's not working in education, as well as to provide recommendations on what needs to change in order to transform the current factory-model of schooling. The interns shared their remarkable and personal work at a symposium in August of 2019, providing proof of our concept. Approximately 70 families, educators, and business leaders, along with Lieutenant Governor Peggy Flanagan, learned from our student interns in our culminating Educational Symposium. Students reported gaining significant confidence, deeper and more focused relationships with their teachers (engagement guides), and getting targeted and useful feedback they applied to their own personal growth. In fact, student interns are excited to be part of the leadership of Thrive Ed as a result of this experience. Our students want to be part of the next iteration of our student internship projects and the development of our collaborative lab school. They also feel empowered to go back and influence their own school systems. Transformative co-design, where students are partners in reinventing school, is critical to continue as our early efforts indicate increases in critical competencies (collaboration, critical thinking, communication, digital literacy, self-regulation, social competence, and creativity) and a culture of learning where students develop confidence as problem-solvers and contributors.$0$69,653
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicole DimichExecutive DirectorPT$0--
Tracy HamelInterim Board Chair-$0--
Daniel BernalInterim Board Chair-$0--
James EwerBoard Member-$0--
Angie FreeseBoard Member-$0--
Quivale RobertsBoard Member-$0--
Keitha-Gail Martin-KerrBoard Member-$0--
Sade KellyBoard Member-$0--
Hemraj NeimanathBoard Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Thrive Ed
EIN
83-3718861
Phone
6123842193
Address
11501 Ridgemount Ave W, Minnetonka, MN 55305

Signing Officer

Name
Nicole Dimich
Title
Executive Director
Phone
6123842193
Signed
2021-05-01
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part II, Line 24

Accounts Receivable at 6/30/2019 $3,000

Form 990-EZ, Part II, Line 26

Accounts Payable $1,855 and Accrued Payroll $11,596 at 6/30/2019, Accounts Payable $7,500 at 6/30/2020

Raw XML Appendix222 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/PrimaryExemptPurposeTxt0Thrive Ed's purpose is to fundamentally transform education by powering teachers, leadership teams, and students individually and collectively, to thrive in school and life and in a global society, and transform education as we know it through innovation as problem-solvers, providing increased opportunity for those traditionally underserved in schools, and expanding possibilities for learners in a rewarding academic journey that broadens perspectives and intellect and prepares dynamic leaders of the next generation.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Our early efforts in our internship program were incredibly promising. In 2019 during our summer internship pilot, 21 middle and high school students from across the Twin Cities and 7 educators were hired to conduct research and share their perspectives on what's not working in education, as well as to provide recommendations on what needs to change in order to transform the current factory-model of schooling. The interns shared their remarkable and personal work at a symposium in August of 2019, providing proof of our concept. Approximately 70 families, educators, and business leaders, along with Lieutenant Governor Peggy Flanagan, learned from our student interns in our culminating Educational Symposium. Students reported gaining significant confidence, deeper and more focused relationships with their teachers (engagement guides), and getting targeted and useful feedback they applied to their own personal growth. In fact, student interns are excited to be part of the leadership of Thrive Ed as a result of this experience. Our students want to be part of the next iteration of our student internship projects and the development of our collaborative lab school. They also feel empowered to go back and influence their own school systems. Transformative co-design, where students are partners in reinventing school, is critical to continue as our early efforts indicate increases in critical competencies (collaboration, critical thinking, communication, digital literacy, self-regulation, social competence, and creativity) and a culture of learning where students develop confidence as problem-solvers and contributors.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum06123842193
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-01
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