Civic Intelligence

Thrivers Philanthropies Incorporated

EIN 88-1966222 • 501(c)3 • Bethesda, MD

Pub. 78 Eligible990-N Coverage

Profile

We Envision a world where all immigrants, minorities, and the underserved are financially thriving and protected, receiving justice, and ensuring their needs are met effectively through reduced informal employment and equitable access to quality jobs in the future.

6301 River RdBethesda, MD 20817
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

60th percentile

7.4%

Higher net margin than 60% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Balance Sheet
Liabilities / Assets60th percentile

Assets

$23,862

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$23,862

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin60th percentile

Revenue

$324,426

No earlier filing loaded for comparison.

Expenses

$300,564

No earlier filing loaded for comparison.

Net Income

$23,862

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2022: $23,862Liabilities 2022: $0Net Assets 2022: $23,8622022

Highlighted filing

2022

Assets$23,862
Liabilities$0
Net Assets$23,862
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0Revenue 2022: $324,426Expenses 2022: $300,564Net Income 2022: $23,8622022

Highlighted filing

2022

Revenue$324,426
Expenses$300,564
Net Income$23,862
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,862
Liabilities
$0
Net assets
$23,862
Revenue
$324,426
Expenses
$300,564
Net income
$23,862
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$3.24$3.01$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 10, 2023
Return Version
2022v4.1
Gross Receipts
$324,426
Mission and Program Overview

Mission

We Envision a world where all immigrants, minorities, and the underserved are financially thriving and protected, receiving justice, and ensuring their needs are met effectively through reduced informal employment and equitable access to quality jobs in the future.

To improve the financial independence, economic autonomy, and well-being of the Newcomers for more inclusive societies and equal economic opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$23,862-
Cap Stk Tr Prin Current Funds-$23,862-
Total Assets$0$23,862▲ $23,862
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$23,862▲ $23,862
Total Liabilities and Net Assets / Fund Balance$0$23,862▲ $23,862
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Sara AbdelkhalekPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$324,426
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$324,426
Change in Net Assets
$23,862
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$300,064
Grants and Similar Amounts Paid$500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$292,372
Office Expenses---$3,637
Fees for Services Legal---$2,000
Grants to Domestic Orgs---$500
Total Functional Expenses$0$0$0$300,564
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

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
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Thrivers Philanthropies Incorporated
EIN
88-1966222
Address
6301 RIVER RD, Bethesda, MD 20817

Signing Officer

Name
Sara Abdelkhalek
Title
President
Signed
2023-03-10
Discuss with paid preparer
No

Organization Details

Principal Officer
Sara Abdelkhalek
Formed
2022
Legal Domicile
Md
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
46

Preparer

Firm
Smart Accounting & Tax Solutions Inc
Address
101 E HOLLY AVE STE 15, STERLING, VA 20164
Preparer
Rasha Khalifa
Phone
7037760176
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 1

“community assistance 500”

Form 990, Part IX, Line 11B

“LEGAL FEES 2000”

Form 990, Part IX, Line 13

“OFFICE EXPENSES 3637”

Form 990, Part IX, Line 24A

“PHONE INTERNET 1055”

Form 990, Part IX, Line 24B

“DUES SUBSCRIPTIONS 1000”

Form 990, Part IX, Line 24C

“All in kind donations non-cash 292372”

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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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