THRIVING INC (EIN 452317740) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

DR ERIC MASON

Phone

2157697000

Tax Period

2024-01-01 to 2024-12-31

THRIVING INC, founded in 2012, is a small nonprofit in the Religion sector that reported $127K in total revenue in fiscal year 2024. Revenue surged 146% from the prior year, signaling strong growth momentum. Expenses of $158K exceeded revenue, resulting in a 25% operating deficit.

Mission

THRIVING EXISTS TO EQUIP URBAN MISSIONARIES FOR COMPREHENSIVE GLOBAL URBAN MINISRY THROUGH, FOR, AND FROM THE LOCAL CHURCH. WE ARE BIBLICALLY BASED, THEOLOGICALLY RICH, HISTORICALLY ROOTED, CHRIST-CENTERED, SPIRIT-GUARDED, JUSTICE-ORIENTED, MISSIOLOGICALY DRIVEN, AND TAILORED TO THE NEEDS OF PEOPLE OF COLOR IN OUR EFFORTS TO PROCLAIM AND PRACTICE THE MULTIFACETED WISOM OF GOD FOR THE UNDERSERVED AREAS OF CITIES AND TOWNS. FOR US, WE WANT TO PROMOTE THE GROWTH OF SCHOLARLY PRACTITIONERS FOR UNDERSERVED URBAN ENVIRONMENTS BY TRAINING LEADERS TO HAVE A ROBUST LOVE FOR JESUS AND PEOPLE

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $126,507

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $126,507

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,000

Fundraising Expenses $0

Program Expenses $146,592

Other Expenses $147,587

TOTAL EXPENSES $157,587

Year-over-Year Comparison

	2024	2023	Change
Revenue	$126,507	$51,463	+1.5%
Expenses	$157,587	$17,376	+8.1%
Net Income	$-31,080	$34,087	-1.9%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$8,000

Total Directors

$2,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JALAYLIA WHARWOOD	FINANCIAL MA	5.00	Officer	$8,000	$0	$8,000
DR ERIC MASON	PRESIDENT	10.00	Director	$2,000	$0	$2,000
NYRON BURKE	BOARD MEMBER	1.00	Director	$0	$0	$0
CURTIS DUNLAP	BOARD MEMBER	1.00	Director	$0	$0	$0
LADESHA ALBURY	DIRECTOR OF	12.50	Officer	$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	$126,507	$157,587	$18,274	$-31,080
2023	$51,463	$17,376	$113,749	$34,087
2022	$8,023	$5,617	$13,340	$2,406
2021	$9,396	$2,572	$10,808	$6,824
2020	$15,636	$7,472	$3,684	$8,164
2019	$204,459	$215,599	$3,863	$-11,140

THRIVING INC