THRIVE SCHOLARS: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- THRIVE SCHOLARS (EIN 45-5619310)
- Tax period
- 2024-09-01 to 2025-08-31
- Filed
- 2026-07-07
- IRS object ID
- 202601889349300405
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-07-07T07:39:31-05:00 | ReturnTs |
| Tax Period End | 2025-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 BATTERYMARCH PARK SUITE 100 | AddressLine1Txt |
| City | QUINCY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02169 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 455619310 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THRIVE SCHOLARS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THRI | BusinessNameControlTxt |
| Phone | 6175004449 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 606 OLIVE STREET 2150 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90014 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KYLE MEACHAM | PersonNm |
| Person Title | COO | PersonTitleTxt |
| Phone | 6175004449 | PhoneNum |
| Signature | 2026-07-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIELLE NIHILL | PreparerPersonNm |
| PTIN | P01350943 | PTIN |
| Phone | 7819821001 | PhoneNum |
| Preparation | 2026-07-01 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KYLE MEACHAM | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 606 OLIVE STREET 2150 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90014 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $16,967,734 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.THRIVESCHOLARS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2014 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | TO EMPOWER HIGH-ACHIEVING STUDENTS FROM LOW-INCOME BACKGROUNDS BY PROVIDING THE SKILLS, GUIDANCE, AND PROFESSIONAL NETWORKS THEY NEED TO EXCEL IN TOP COLLEGES AND LAUNCH CAREERS THAT LEAD TO ECONOMIC MOBILITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 279 | TotalEmployeeCnt |
| Total Volunteers | 350 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $18,382,714 | PYContributionsGrantsAmt |
| CY Contributions Grants | $16,889,188 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $73,510 | PYInvestmentIncomeAmt |
| CY Investment Income | $78,546 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $18,456,224 | PYTotalRevenueAmt |
| CY Total Revenue | $16,967,734 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,709,628 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,189,601 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $12,304,490 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,019,985 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,364,323 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,759,333 | PYOtherExpensesAmt |
| CY Other Expenses | $3,620,273 | CYOtherExpensesAmt |
| PY Total Expenses | $21,773,451 | PYTotalExpensesAmt |
| CY Total Expenses | $18,829,859 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$3,317,227 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,862,125 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $8,721,527 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,093,967 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,703,175 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,932,632 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $6,018,352 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,161,335 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | WE PROVIDE HIGH-ACHIEVING STUDENTS FROM UNDER-RESOURCED COMMUNITIES THE OPPORTUNITIES THEY NEED TO THRIVE AT TOP COLLEGES AND IN MEANINGFUL CAREERS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $14,741,380 | ExpenseAmt |
| Grant | $4,189,601 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | THRIVE SCHOLARS HAS ACHIEVED TREMENDOUS RESULTS IN SUPPORTING SCHOLARS TO ENROLL IN TOP COLLEGES, EARN GREAT GRADES, AND GRADUATE CAREER-READY. OUR RESULTS WITHIN THE LAST TWO YEARS SHOW THAT 89% OF THRIVE SCHOLARS ARE ATTENDING A TOP COLLEGE, 39% ARE GOING TO AN IVY LEAGUE+ SCHOOL (DEFINED AS THE IVY LEAGUE PLUS STANFORD, MIT, THE UNIVERSITY OF CHICAGO, AND DUKE), AND 99% GRADUATED FROM COLLEGE WITHIN SIX YEARS. OUR SCHOLARS HAVE AN AVERAGE GPA OF 3.5 UPON COLLEGE GRADUATION; 87% OF STEM SCHOLARS PERSISTED AND GRADUATED WITH A STEM DEGREE, AND OUR FIRST-YEAR COLLEGE SCHOLARS FINISHED THEIR FRESHMAN YEAR WITH AN AVERAGE GPA OF 3.4. OUR SCHOLARS ARE OUTPERFORMING THE GENERAL POPULATION AT TOP COLLEGES, NOT JUST SIMILAR HIGH-ACHIEVING, ECONOMICALLY DISADVANTAGED, FIRST GENERATION STUDENTS OF COLOR. THRIVE SCHOLARS ARE 10% MORE LIKELY TO GRADUATE FROM COLLEGE THAN STUDENTS AT THESE HIGHLY RANKED COLLEGES, THEY ARE ALSO 18% MORE LIKELY TO PURSUE A STEM MAJOR AND 55% MORE LIKELY TO PERSIST IN THAT STEM MAJOR THAN STUDENTS AT HIGHLY RANKED COLLEGES. OF OUR RECENTLY GRADUATED COHORTS, 77% OF SCHOLARS DID SO WITH A MEANINGFUL FIRST-DESTINATION CAREER PLACEMENT AND THOSE IN FULL-TIME SALARIED POSITIONS MAKE 1.9X THE INCOME OF THEIR FAMILY BACKGROUND (OVER $73,000). WE ATTRIBUTE THIS SUCCESS LARGELY TO OUR SIGNATURE SUMMER ACADEMY, A ROBUST 6-WEEK ACADEMIC PROGRAM DESIGNED TO DEMYSTIFY THE COLLEGE EXPERIENCE AND EXPOSE FIRST-GENERATION STUDENTS TO THE RIGORS OF COLLEGE, AS WELL AS OUR ONE-ON-ONE COLLEGE ADMISSIONS COUNSELING, COACHING THROUGH THE FIRST YEAR OF COLLEGE TRANSITION, AND INDUSTRY-SPECIFIC CAREER COACHING IN THEIR FINAL YEARS OF COLLEGE. SINCE ITS INCEPTION, RESULTS HAVE BEEN OVERWHELMING: OUR SCHOLARS' GPAS INCREASED FROM 2.9 TO 3.45 STEM PERSISTENCE ROSE FROM 20% TO 87%, AND 6-YEAR GRADUATION RATES INCREASED FROM 90% TO 99%. | Desc |
| Total Program Service Expenses | $14,741,380 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 47 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 279 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KYLE MEACHAM | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6175004449 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 606 OLIVE STREET SUITE 2150 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90014 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| STEVE STEIN | |||||||
| CHIEF EXECUTIVE OFFICER UNTIL 08/24 | 40.00 | Yes (X) | $404,742 | $0 | $29,059 | ||
| TYRA MONTINA | |||||||
| PRESIDENT & COO UNTIL 12/24 | 40.00 | Yes (X) | $325,145 | $0 | $72,683 | ||
| AVA ARCHIBALD | |||||||
| CHF. EQU. & INCL. OFFI. UNTIL 12/24 | 40.00 | Yes (X) | $261,443 | $0 | $57,317 | ||
| RAYNISE SMITH | |||||||
| CHIEF PROGRAM OFFICER | 40.00 | Yes (X) | $206,000 | $0 | $52,483 | ||
| AMANDA FOSTER | |||||||
| CHIEF FINANCIAL OFFICER UNTIL 06/25 | 40.00 | Yes (X) | $190,281 | $0 | $48,837 | ||
| LISA LOVETT | |||||||
| MANAGING DIR., CAREER PATHWAYS | 40.00 | $185,454 | $0 | $27,700 | Yes (X) | ||
| MARCIE PEREZ | |||||||
| MANAGING DIR. OF COMM. & CONTENT | 40.00 | $184,881 | $0 | $41,081 | Yes (X) | ||
| RACHANA VYAS | |||||||
| SENIOR DIR., LIFE SCIENCES | 40.00 | $181,537 | $0 | $28,942 | Yes (X) | ||
| MARTHA SANCHEZ | |||||||
| MAJOR GIFTS OFFICER | 40.00 | $170,483 | $0 | $26,189 | Yes (X) | ||
| CAVAR DEWAYNE REID | |||||||
| MANAGING DIR. OF HS & COLLEGE PRGM | 40.00 | $169,867 | $0 | $28,632 | Yes (X) | ||
| DREW MARTIN | |||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | Yes (X) | $117,711 | $0 | $10,802 | ||
| KYLE MEACHAM | |||||||
| CHIEF OPERATING OFFICER AS OF 07/25 | 40.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTIN JACOBS | |||||||
| CHAIR | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| CALLUM HENDERSON | |||||||
| TREASURER | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| RUSSELL STEIN | |||||||
| SECRETARY | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| PHILLIP AUBREY | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| BRIAN LENIHAN | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| TIFFANIE BOYD | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| PAT KIRBY | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| SEAN LOGAN | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| JESSICA PEREZ | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| BRIAN BARON | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| MIRIAM DANIEL | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| EVA DE LA ROSA | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| VINCENT SHORTER | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| GREG WILLIS | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| ALEJANDRO DELGADO | |||||||
| DIRECTOR AS OF 04/25 | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| AZUCENA FLORES | |||||||
| DIRECTOR AS OF 04/25 | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| NEIL MALIK | |||||||
| DIRECTOR AS OF 04/25 | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| CLARENCE WOOTEN | |||||||
| DIRECTOR AS OF 01/25 | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| VANESSA GONZALEZ-LOPEZ | |||||||
| DIRECTOR UNTIL 2024 | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| JOAN HERMAN | |||||||
| DIRECTOR UNTIL 02/25 | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| RICK HESS | |||||||
| DIRECTOR UNTIL 02/25 | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,397,544 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $423,725 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 35 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NEW KENSINGTON GROUP | |||||
| 4 JOHN PIERSON LANE | NORTH READING | MA | 01864 | MANAGEMENT CONSULTING | $188,692 |
| CRAFTSMAN TECHNOLOGY GROUP LLC | |||||
| 186 LINCOLN STREET | BOSTON | MA | 02111 | INFORMATION TECHNOLOGY | $162,853 |
| KORN FERRY | |||||
| NW 5854 PO BOX 1450 | MINNEAPOLIS | MN | 554855854 | STRATEGY AND TALENT ASSESSMENT | $160,456 |
| INSOURCE SERVICES INC | |||||
| 148 LINDEN STREET SUITE 306 | WELLESLEY | MA | 02482 | ACCOUNTING SERVICES | $131,747 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $16,889,188 | AllOtherContributionsAmt |
| Total Contributions | $16,889,188 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $78,546 | TotalRevenueColumnAmt |
| Exclusion | $78,546 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,967,734 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $78,546 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,189,601 | TotalAmt |
| Program Services | $4,189,601 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,219,518 | TotalAmt |
| Program Services | $638,281 | ProgramServicesAmt |
| Management And General | $148,561 | ManagementAndGeneralAmt |
| Fundraising | $432,676 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,097,510 | TotalAmt |
| Program Services | $6,009,529 | ProgramServicesAmt |
| Management And General | $848,210 | ManagementAndGeneralAmt |
| Fundraising | $1,239,771 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,047 | TotalAmt |
| Program Services | $153,625 | ProgramServicesAmt |
| Management And General | $19,771 | ManagementAndGeneralAmt |
| Fundraising | $29,651 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $780,774 | TotalAmt |
| Program Services | $580,930 | ProgramServicesAmt |
| Management And General | $74,560 | ManagementAndGeneralAmt |
| Fundraising | $125,284 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $719,136 | TotalAmt |
| Program Services | $512,299 | ProgramServicesAmt |
| Management And General | $88,543 | ManagementAndGeneralAmt |
| Fundraising | $118,294 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $201,212 | TotalAmt |
| Management And General | $201,212 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,100 | TotalAmt |
| Management And General | $35,100 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,103,111 | TotalAmt |
| Program Services | $1,781,510 | ProgramServicesAmt |
| Management And General | $116,368 | ManagementAndGeneralAmt |
| Fundraising | $205,233 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,929 | TotalAmt |
| Program Services | $24,452 | ProgramServicesAmt |
| Management And General | $13,611 | ManagementAndGeneralAmt |
| Fundraising | $5,866 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $649,261 | TotalAmt |
| Program Services | $533,697 | ProgramServicesAmt |
| Management And General | $64,385 | ManagementAndGeneralAmt |
| Fundraising | $51,179 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,529 | TotalAmt |
| Program Services | $107,851 | ProgramServicesAmt |
| Management And General | $19,078 | ManagementAndGeneralAmt |
| Fundraising | $24,600 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $284,111 | TotalAmt |
| Program Services | $147,698 | ProgramServicesAmt |
| Management And General | $49,588 | ManagementAndGeneralAmt |
| Fundraising | $86,825 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,427 | TotalAmt |
| Program Services | $21,437 | ProgramServicesAmt |
| Management And General | $20,101 | ManagementAndGeneralAmt |
| Fundraising | $4,889 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,176 | TotalAmt |
| Program Services | $40,470 | ProgramServicesAmt |
| Management And General | $2,706 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| EVENT EXPENSES | $40,055 | $40,055 | |
| PAYROLL AND BANK FEES | $22,362 | $22,362 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,829,859 | TotalAmt |
| Program Services | $14,741,380 | ProgramServicesAmt |
| Management And General | $1,724,156 | ManagementAndGeneralAmt |
| Fundraising | $2,364,323 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,690,896 | BOYAmt |
| EOY | $2,576,549 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,307,364 | BOYAmt |
| EOY | $1,772,819 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $178,340 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,975 | BOYAmt |
| EOY | $112,523 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $272,435 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $204,100 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,900 | BOYAmt |
| EOY | $68,335 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $505,676 | BOYAmt |
| EOY | $889,747 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $798,376 | BOYAmt |
| EOY | $673,994 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,721,527 | BOYAmt |
| EOY | $6,093,967 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,565,932 | BOYAmt |
| EOY | $904,470 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $367,549 | BOYAmt |
| EOY | $355,295 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $769,694 | BOYAmt |
| EOY | $672,867 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,703,175 | BOYAmt |
| EOY | $1,932,632 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,416,130 | BOYAmt |
| EOY | $1,663,516 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,602,222 | BOYAmt |
| EOY | $2,497,819 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,018,352 | BOYAmt |
| EOY | $4,161,335 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,721,527 | BOYAmt |
| EOY | $6,093,967 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,862,125 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $5,108 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,709,581 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,873,680 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,188,561 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,382,714 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,889,188 | CurrentTaxYearAmt |
| Total | $82,043,724 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,709,581 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,873,680 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,188,561 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,382,714 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,889,188 | CurrentTaxYearAmt |
| Total | $82,043,724 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $17,339,414 | SubstantialContributorsTotAmt |
| Public Support Total170 | $64,704,310 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,390 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,359 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $75,900 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $63,389 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $78,546 | CurrentTaxYearAmt |
| Total | $247,584 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $82,291,308 | TotalSupportAmt |
| Public Support CY170 | 0.78630 | PublicSupportCY170Pct |
| Public Support PY170 | 0.83450 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $35,100 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $35,100 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | $35,100 WAS PAID TO A LOBBYING COMPANY CALLED SOUTH STRATEGIES, LLC. THEY SPECIFICALLY HELPED THRIVE LOBBY THE MASSACHUSETTS GOVERNMENT SO THAT THRIVE COULD RECEIVE FUNDS FROM THE COMMONWEALTH OF MASSACHUSETTS IN ORDER TO SUPPORT EDUCATION SERVICES. | ExplanationTxt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $63,023 | OtherCostOrOtherBasisAmt |
| Depreciation | $50,882 | DepreciationAmt |
| Book Value | $12,141 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $209,412 | OtherCostOrOtherBasisAmt |
| Depreciation | $153,218 | DepreciationAmt |
| Book Value | $56,194 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $68,335 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| SECURITY DEPOSITS | $20,144 |
| WEBSITE NET | $8,500 |
| RIGHT OF USE ASSET, NET | $640,737 |
| DUE FROM EMPLOYEE | $4,613 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $673,994 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITIES | Desc |
| Amt | $672,867 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $672,867 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $17,147,366 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $5,108 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $174,524 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $179,632 | RevenueNotReportedAmt |
| Revenue Subtotal | $16,967,734 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $16,967,734 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $19,004,383 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $174,524 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $174,524 | ExpensesNotReportedAmt |
| Expenses Subtotal | $18,829,859 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $18,829,859 | TotalExpensesPerForm990Amt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE | GrantTypeTxt |
| Recipient | 1019 | RecipientCnt |
| Cash Grant | $1,899,029 | CashGrantAmt |
| Non Cash Assistance | $2,290,572 | NonCashAssistanceAmt |
| Valuation Method Used | COST | ValuationMethodUsedDesc |
| Non Cash Assistance | COMPUTERS, SUPPLIES, TRANSPORTATION COSTS, FOOD COSTS AND LODGING COSTS | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THRIVE SCHOLARS PROVIDES FOUR-YEAR RENEWABLE SCHOLARSHIPS RANGING FROM $500-$2500 EACH YEAR, ALONG WITH COMPUTERS, HOUSING, AND SUPPORT FOR OTHER EXPENSES. STUDENTS RECEIVE SCHOLARSHIP CHECKS IN AUGUST AND IN JANUARY, AFTER HAVING COMPLETED A SCHOLARSHIP RENEWAL PROCESS, WITH INCLUDES SUBMITTING INFORMATION AND TRANSCRIPT WITH CUMULATIVE GPA THROUGH AN ONLINE FORM. IN THE RENEWAL FORM, STUDENTS MUST INDICATE COMPLETION OF ALL OF THE PROGRAM REQUIREMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STEVE STEIN | ||||||||||||||
| CHIEF EXECUTIVE OFFICER UNTIL 08/24 | $199,350 | $0 | $100,000 | $0 | $105,392 | $0 | $8,369 | $0 | $20,690 | $0 | $433,801 | $0 | $0 | $0 |
| TYRA MONTINA | ||||||||||||||
| PRESIDENT & COO UNTIL 12/24 | $259,378 | $0 | $0 | $0 | $65,767 | $0 | $9,870 | $0 | $62,813 | $0 | $397,828 | $0 | $0 | $0 |
| AVA ARCHIBALD | ||||||||||||||
| CHF. EQU. & INCL. OFFI. UNTIL 12/24 | $210,170 | $0 | $4,000 | $0 | $47,273 | $0 | $6,637 | $0 | $50,680 | $0 | $318,760 | $0 | $0 | $0 |
| RAYNISE SMITH | ||||||||||||||
| CHIEF PROGRAM OFFICER | $206,000 | $0 | $0 | $0 | $0 | $0 | $6,073 | $0 | $46,410 | $0 | $258,483 | $0 | $0 | $0 |
| AMANDA FOSTER | ||||||||||||||
| CHIEF FINANCIAL OFFICER UNTIL 06/25 | $190,281 | $0 | $0 | $0 | $0 | $0 | $4,550 | $0 | $44,287 | $0 | $239,118 | $0 | $0 | $0 |
| LISA LOVETT | ||||||||||||||
| MANAGING DIR., CAREER PATHWAYS | $185,454 | $0 | $0 | $0 | $0 | $0 | $5,598 | $0 | $22,102 | $0 | $213,154 | $0 | $0 | $0 |
| MARCIE PEREZ | ||||||||||||||
| MANAGING DIR. OF COMM. & CONTENT | $184,881 | $0 | $0 | $0 | $0 | $0 | $5,674 | $0 | $35,407 | $0 | $225,962 | $0 | $0 | $0 |
| RACHANA VYAS | ||||||||||||||
| SENIOR DIR., LIFE SCIENCES | $181,537 | $0 | $0 | $0 | $0 | $0 | $5,237 | $0 | $23,705 | $0 | $210,479 | $0 | $0 | $0 |
| MARTHA SANCHEZ | ||||||||||||||
| MAJOR GIFTS OFFICER | $170,483 | $0 | $0 | $0 | $0 | $0 | $5,031 | $0 | $21,158 | $0 | $196,672 | $0 | $0 | $0 |
| CAVAR DEWAYNE REID | ||||||||||||||
| MANAGING DIR. OF HS & COLLEGE PRGM | $169,867 | $0 | $0 | $0 | $0 | $0 | $5,044 | $0 | $23,588 | $0 | $198,499 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 4A | TYRA MONTINA ENTERED INTO AN AGREEMENT UPON THE CONCLUSION OF HER TERM OF OFFICE AS PRESIDENT & COO THAT INCLUDED A SEPARATION PAYMENT OF $51,500 AND AN UNUSED PTO PAYMENT OF $14,267, WHICH WERE DISBURSED BETWEEN THE SIGNING OF THE AGREEMENT ON DECEMBER 20TH, 2024 THROUGH DECEMBER 31ST, 2024. AVA ARCHIBALD ENTERED INTO AN AGREEMENT UPON THE CONCLUSION OF HER TERM OF OFFICE AS CHIEF EQUITY & INCLUSION OFFICER THAT INCLUDED A SEPARATION PAYMENT OF $30,588 AND AN UNUSED PTO PAYMENT OF $16,685, WHICH WERE DISBURSED BETWEEN THE SIGNING OF THE AGREEMENT ON DECEMBER 10TH, 2024 THROUGH DECEMBER 31ST, 2024. STEVE STEIN ENTERED INTO AN AGREEMENT UPON THE CONCLUSION OF HIS TERM OF OFFICE AS CHIEF EXECUTIVE OFFICER THAT INCLUDED A SEPARATION PAYMENT OF $75,000 AND AN UNUSED PTO PAYMENT OF $30,392, WHICH WERE DISBURSED AS OF THE TERMINATION DATE OF AUGUST 1ST, 2024. |
| PART I, LINE 7 | STEVE STEIN, CHIEF EXECUTIVE OFFICER, RECEIVED $100,000 IN RETENTION BONUSES. AVA ARCHIBALD, CHIEF EQUITY & INCLUSION OFFICER, RECEIVED A $4,000 BONUS BASED ON HER PERFORMANCE. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE BOARD OF DIRECTORS MAY, BY A MAJORITY VOTE OF ITS MEMBERS, DESIGNATE AN EXECUTIVE COMMITTEE CONSISTING OF FOUR BOARD OF DIRECTOR MEMBERS AND MAY DELEGATE TO SUCH COMMITTEE THE POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION, TO THE EXTENT PERMITTED, AND, EXCEPT AS MAY OTHERWISE BE PROVIDED, BY PROVISIONS OF LAW. BY A MAJORITY VOTE OF ITS MEMBERS, THE BOARD OF DIRECTORS MAY AT ANY TIME REVOKE OR MODIFY ANY OR ALL OF THE EXECUTIVE COMMITTEE AUTHORITY SO DELEGATED, INCREASE OR DECREASE BUT NOT BELOW TWO (2) THE NUMBER OF THE MEMBERS OF THE EXECUTIVE COMMITTEE, AND FILL VACANCIES ON THE EXECUTIVE COMMITTEE FROM THE MEMBERS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL KEEP REGULAR MINUTES OF ITS PROCEEDINGS, CAUSE THEM TO BE FILED WITH THE CORPORATE RECORDS, AND REPORT THE SAME TO THE BOARD OF DIRECTORS FROM TIME TO TIME AS THE BOARD OF DIRECTORS MAY REQUIRE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FINANCE COMMITTEE REVIEWS A DRAFT OF THE 990 AND MAKES RECOMMENDATIONS FOR REVISIONS. AFTER THIS THE ENTIRE BOARD REVIEW THE 990 AND VOTES TO APPROVE THE FINAL DRAFT OF THE 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; B. HAS READ AND UNDERSTANDS THE POLICY; C. HAS AGREED TO COMPLY WITH THE POLICY; AND D. UNDERSTANDS THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. THIS PROCESS IS MONITORED BY THE CHAIR OF THE BOARD. IF A CONFLICT EXISTS, THE INTERESTED PERSON(S) WILL BE EXCLUDED FROM DISCUSSION AND/OR VOTING RELATING TO THE INTERESTED PARTY. |
| FORM 990, PART VI, SECTION B, LINE 15 | MARKET RESEARCH AND HR BEST PRACTICE RESEARCH IS DONE BY HR STAFF AND EXTERNAL CONSULTANTS TO ENSURE THAT TOP MANAGEMENT (CHIEF OFFICERS) ARE PAID APPROPRIATELY AND AT MARKET RATE. MARKET RESEARCH AND HR BEST PRACTICE RESEARCH IS DONE BY HR STAFF AND EXTERNAL CONSULTANTS TO ENSURE THAT TOP MANAGEMENT AND ALL EMPLOYEES ARE PAID APPROPRIATELY AND AT MARKET RATE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FINANCIAL STATEMENTS ARE AVAILABLE ON OUR WEBSITE. |
| FORM 990, PART IX, LINE 11G | TEACHERS: PROGRAM SERVICE EXPENSES 1,539,695. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,539,695. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 241,815. MANAGEMENT AND GENERAL EXPENSES 116,368. FUNDRAISING EXPENSES 205,233. TOTAL EXPENSES 563,416. |