Thrive Networks Global (EIN 330316095) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

Thuy Ngo

Phone

5107637045

Tax Period

2024-01-01 to 2024-12-31

Thrive Networks Global, founded in 1988, is a community nonprofit in the International Affairs sector that reported $1.5M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $1.3M left a modest 10% surplus.

Mission

Thrive Networks' mission is to improve the health and wellbeing of underserved communities in Southeast Asia by working in concert with the public and private sectors.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,490,143

Program Service Revenue $0

Investment Income $4,515

Other Revenue $-3,806

TOTAL REVENUE $1,490,852

Expense Breakdown

Grants Paid $17,585

Salaries & Benefits $509,806

Fundraising Expenses $28,100

Program Expenses $1,111,589

Other Expenses $817,818

TOTAL EXPENSES $1,345,209

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,490,852	$1,865,588	-0.2%
Expenses	$1,345,209	$1,875,567	-0.3%
Net Income	$145,643	$-9,979	-15.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$83,196

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thuy Ngo	Executive Dir.	20.00	Officer	$73,020	$10,176	$83,196
Melinda Griffith	Chairman	2.00	Director	$0	$0	$0
Matthew Kursh	Director	1.00	Director	$0	$0	$0
Peter de Castro	Secretary	2.00	Director	$0	$0	$0
Gil Kemp	Director	1.00	Director	$0	$0	$0
Carrie Eglinton Manner	Director	1.00	Director	$0	$0	$0
Joan Morse	Director	1.00	Director	$0	$0	$0
Lynn Foden	Director	1.00	Director	$0	$0	$0
Paul Rubens	Director	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	$1,490,852	$1,345,209	$1,576,483	$145,643
2023	$1,865,588	$1,875,567	$1,638,326	$-9,979
2022	$1,253,099	$2,737,424	$1,590,564	$-1,484,325
2021	$3,990,664	$2,931,405	$3,206,064	$1,059,259
2020	$3,200,369	$3,375,290	$2,141,072	$-174,921

Thrive Networks Global