STRIVE INTERNATIONAL INC

EIN: 133255679 501(c)(3) Employment

NEW YORK, NY

Total Revenue
$18,696,183
Total Expenses
$12,522,812
Total Assets
$17,161,290
Net Assets
$9,546,660
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NY
Principal Officer
PHILIP WEINBERG
Phone
2123601100
Tax Period
2023-01-01 to 2023-12-31

STRIVE INTERNATIONAL INC, founded in 1984, is a mid-sized nonprofit in the Employment sector that reported $18.7M in total revenue in fiscal year 2023. Revenue surged 116% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.2M, a strong 33% operating margin.

Mission

STRIVEs purpose is to ensure that everyone can achieve upward mobility and financial empowerment for themselves and their families. Its mission is to provide a pathway to life-changing careers and opportunities through comprehensive professional training, intensive personal support and self-empowerment for those who face societal barriers to advancement. Its vision is for employers, civic leaders, businesses, donors and neighbors across the country join STRIVE in building an inclusive economy for stronger, safer communities and a more equitable and just society for all. STRIVEs evidence-based, proprietary model is the foundation for all of their comprehensive workforce training programs. The programs provide a holistic and sector-based approach to training for those facing societal barriers to employment, to access a career with potential for advancement.STRIVE delivers programs nationally in three operating locations and through licensed affiliate partnerships. STRIVE successfully rep

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $18,425,067
Program Service Revenue $50,000
Investment Income $212,805
Other Revenue $8,311
TOTAL REVENUE $18,696,183

Expense Breakdown

Grants Paid $794,433
Salaries & Benefits $6,586,178
Fundraising Expenses $769,975
Program Expenses $7,684,516
Other Expenses $5,112,826
TOTAL EXPENSES $12,522,812

Year-over-Year Comparison

2023 2022 Change
Revenue $18,696,183 $8,649,227 +1.2%
Expenses $12,522,812 $8,360,154 +0.5%
Net Income $6,173,371 $289,073 +20.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
16
Employees
113
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$564,685
Total Directors
17
$342,950
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Philip Weinberg President & CEO 35.00
Officer Director
$334,616 $8,334 $342,950
Tasha Jackson CFAO 35.00
Officer
$203,359 $18,376 $221,735
Ayesha George ED New York 35.00
$190,253 $29,170 $219,423
Cynthia Trevor VP Devel & Communication 35.00
$170,426 $11,363 $181,789
Jonathan Bonaiuto VP Strat & Growth 35.00
$138,462 $11,420 $149,882
Quiwintre Frye ED Birmingham 35.00
$121,015 $26,996 $148,011
Lakythia Ferby-Weigel EVP Prog & Impact 35.00
$138,362 $3,522 $141,884
Jomal Vailes ED Atlanta 35.00
$106,928 $3,449 $110,377
Brian Friedman Co-chair 1.00
Officer Director
$0 $0 $0
Roy Castro Co-Chair 1.00
Officer Director
$0 $0 $0
Judith McElnea Vice Chair 1.00
Officer Director
$0 $0 $0
Bonnie Howard Treasurer 1.00
Officer Director
$0 $0 $0
Arthur Kokot Secretary 1.00
Officer Director
$0 $0 $0
Richard Barthelmes Board Member 1.00
Director
$0 $0 $0
Antoinette Leatherberry BOARD MEMBER 1.00
Director
$0 $0 $0
Daryl Lee BOARD MEMBER 1.00
Director
$0 $0 $0
Tonia OConnor BOARD MEMBER 1.00
Director
$0 $0 $0
Yvan-Claude Pierre BOARD MEMBER 1.00
Director
$0 $0 $0
Andy Rahl Board Member 1.00
Director
$0 $0 $0
Laurie Rosenfield Board Member 1.00
Director
$0 $0 $0
Phil Salinger BOARD MEMBER 1.00
Director
$0 $0 $0
James Thomas Board Member 1.00
Director
$0 $0 $0
Laura Slutsky Board Member 1.00
Director
$0 $0 $0
Randy Zeno Board Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $18,696,183 $12,522,812 $17,161,290 $6,173,371
2022 $8,649,227 $8,360,154 $9,037,796 $289,073
2021 $8,546,656 $7,935,907 $4,296,025 $610,749
2020 $7,811,150 $8,624,691 $4,534,918 $-813,541
2019 $10,186,749 $9,943,800 $5,008,026 $242,949
2018 $10,014,424 $9,927,913 $4,972,957 $86,511
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