Civic Intelligence

Strive for Five Foundation Inc.

990 • Fiscal year 2023 • EIN 92-0869312

Jan 01, 2023 to Dec 31, 2023 • Filed on Jan 20, 2024

Organization ProfileWWW.STRIVEFORFIVEFOUNDATION.COM
2214 Old Emmorton Road Ste 200Bel Air, MD 21015

(443) 512-0090

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

68th percentile

15%

Higher net margin than 68% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

$16,251

No earlier filing loaded for comparison.

Net Assets

$16,251

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin68th percentile

Revenue

$17,524

No earlier filing loaded for comparison.

Expenses

$14,891

No earlier filing loaded for comparison.

Net Income

$2,633

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.

$30K$20K$10K$0Assets 2023: $16,251Liabilities 2023: $0Net Assets 2023: $16,2512023Assets 2024: $20,283Liabilities 2024: $0Net Assets 2024: $20,2832024Assets 2025: $23,556Net Assets 2025: $23,5562025

Highlighted filing

2023

Assets$16,251
Liabilities$0
Net Assets$16,251
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30K$20K$10K$0Revenue 2023: $17,524Expenses 2023: $14,891Net Income 2023: $2,6332023Revenue 2024: $26,707Expenses 2024: $22,675Net Income 2024: $4,0322024Revenue 2025: $26,260Expenses 2025: $22,987Net Income 2025: $3,2732025

Highlighted filing

2023

Revenue$17,524
Expenses$14,891
Net Income$2,633
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jan 20, 2024
Return Version
2023v4.0
Gross Receipts
$17,524
Mission and Program Overview

Mission

The strive for five foundation, founded in 2022, honors diane mahaffey's legacy of performing five acts of kindness daily. The foundation, rooted in harford county, maryland, continues her philanthropic spirit by organizing community fundraising events. These events finance grants and contributions, enabling volunteers to engage in direct community service throughout the region

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$13,618$16,214▲ $2,596
Prepaid Expenses and Deferred Charges-$37-
Total Assets$13,618$16,251▲ $2,633
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,618$16,251▲ $2,633
Total Net Assets Fund Balance$13,618$16,251▲ $2,633
Total Liabilities and Net Assets / Fund Balance$13,618$16,251▲ $2,633
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Kim ParsonsPresident
Cindy MullerBoard Member
Sandra HopkinsSecretary
Robert FranceTreasurer
Kim TaylorVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$17,472
Program Service Revenue
$0
Investment Income
$52
Other Revenue
$0
All Other Contributions
$17,472
Change in Net Assets
$2,633
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,891
Total Fundraising Expense$4,484
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$1,224$1,260$4,039$1,224
Advertising--$445$445
All Other Expenses-$273-$273
Fees for Services Accounting-$225-$225
Office Expenses-$141-$141
Total Functional Expenses$8,508$1,899$4,484$14,891
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Strive for Five Foundation Inc
EIN
92-0869312
Phone
4435120090
Address
2214 OLD EMMORTON ROAD STE 200, BEL AIR, MD 21015

Signing Officer

Name
Robert France
Title
Treasurer
Phone
4435120090
Signed
2024-01-20

Organization Details

Principal Officer
Kim Parsons
Formed
2022
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Frank Hajek & Associates Pa
Address
25 W COURTLAND ST STE 101, BEL AIR, MD 21014-3782
Preparer
Jeffrey G Tolley
Phone
4108932083
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The strive for five foundation, founded in 2022, honors diane mahaffey's legacy of performing five acts of kindness daily. The foundation, rooted in harford county, maryland, continues her philanthropic spirit by organizing community fundraising events. These events finance grants and contributions, enabling volunteers to engage in direct community service throughout the region”

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE STRIVE FOR FIVE FOUNDATION, FOUNDED IN 2022, HONORS DIANE MAHAFFEY'S LEGACY OF PERFORMING FIVE ACTS OF KINDNESS DAILY. THE FOUNDATION, ROOTED IN HARFORD COUNTY, MARYLAND, CONTINUES HER PHILANTHROPIC SPIRIT BY ORGANIZING COMMUNITY FUNDRAISING EVENTS. THESE EVENTS FINANCE GRANTS AND CONTRIBUTIONS, ENABLING VOLUNTEERS TO ENGAGE IN DIRECT COMMUNITY SERVICE THROUGHOUT THE REGION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04435120090
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STRIVE FOR FIVE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0STRI
ReturnHeader/Filer/EIN0920869312
ReturnHeader/Filer/PhoneNum04435120090
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRANK HAJEK & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt025 W COURTLAND ST STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEL AIR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0210143782
ReturnHeader/PreparerPersonGrp/PhoneNum04108932083
ReturnHeader/PreparerPersonGrp/PreparationDt02024-01-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY G TOLLEY
ReturnHeader/ReturnTs02024-02-01T08:41:21-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FRANCE
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 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,251
Liabilities
$0
Net assets
$16,251
Revenue
$17,524
Expenses
$14,891
Net income
$2,633
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$23.6$23.6$26.3$23.0$3.27
2024Detailed filing. Detailed filing data is available for this year.$20.3$0.00$20.3$26.7$22.7$4.03
2023Detailed filing. Detailed filing data is available for this year.$16.3$0.00$16.3$17.5$14.9$2.63