THRIVE YOUTH CENTER INC

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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

2015

Legal Domicile

Principal Officer

JUSTIN HOLLEY

Phone

2102122935

Tax Period

2023-09-01 to 2024-08-31

THRIVE YOUTH CENTER INC, founded in 2015, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2023. Expenses of $1.8M left a modest 10% surplus.

Mission

OUR MISSION IS TO PROVIDE A SAFE AND SUPPORTIVE CENTER FOR HOMELESS LGBTQ YOUTH SO THEY MAY BECOME PRODUCTIVE, SKILLED, EDUCATED, AND SUCCESSFUL ADULTS WITH THE ABILITY, OPPORTUNITY, AND POSSIBILITY OF ACHIEVING THEIR DREAMS.

Program Service Accomplishments

Program 1

Expenses: $1,543,591

THRIVE WAS ESTABLISHED AS A 501(C)(3) ORGANIZATION IN FEBRUARY 2015, AT A TIME WHEN NO LGBTQ+ SPECIFIC HOMELESS SHELTER EXISTED IN TEXAS. OUR MISSION IS TO PROVIDE A SAFE, SUPPORTIVE PLACE WHERE...

THRIVE WAS ESTABLISHED AS A 501(C)(3) ORGANIZATION IN FEBRUARY 2015, AT A TIME WHEN NO LGBTQ+ SPECIFIC HOMELESS SHELTER EXISTED IN TEXAS. OUR MISSION IS TO PROVIDE A SAFE, SUPPORTIVE PLACE WHERE LGBTQ+ YOUTH CAN HEAL FROM THE TRAUMA OF HOMELESSNESS, BE AFFIRMED IN THEIR IDENTITY, AND BE WELCOMED INTO THE LGBTQ+ COMMUNITY. WE WORK TO SUPPORT OUR YOUNG ADULTS EXPERIENCING HOMELESSNESS AT ALL POINTS IN THEIR JOURNEY. FOR THIS REASON, WE WORK WITH UNSHELTERED YOUTH VIA OUR STREET OUTREACH TEAM TO OFFER RESOURCES, MAKE CONNECTIONS, AND INVITE YOUTH TO SHELTER. OUR EMERGENCY SHELTER SUPPORTS YOUTH AS THEY WORK TO FINDSTABILITY AND MOVE TOWARDS INDEPENDENCE. WE ALSO WORK WITH ELIGIBLE 18-24 YEAR OLDS IN OUR RAPID RE-HOUSING PROGRAM, SUPPORTING 45 YOUTH A YEAR IN THEIR OWN APARTMENTS. WHILE THE PRIMARY GOAL OF ALL OF OUR PROGRAMS IS TO PROVIDE SAFE AND SUPPORTIVE HOUSING, WE ALSO WORK TO SUPPORT OUR YOUTH HOLISTICALLY. ENROLLED YOUTH RECEIVE CASE MANAGEMENT, LIFE SKILLS, EDUCATION AND EMPLOYMENT SUPPORT, BENEFITS COUNSELING, TRANSITION-RELATED SUPPORT, AND NO-COST PSYCHIATRIC AND THERAPEUTIC SERVICES. OVER 81% OF OUR CLIENTS EXIT OUR SERVICES WITH SAFE AND SECURE HOUSING, AND APPROXIMATELY 70% OF OUR YOUNG ADULTS INCREASE THEIR EARNINGS WHILE ENROLLED IN OUR PROGRAM. WE HAVE SUPPORTED OVER 600 YOUNG PEOPLE IN THEIR JOURNEY OUT OF HOMELESSNESS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,012,008

Program Service Revenue $0

Investment Income $691

Other Revenue $-5,689

TOTAL REVENUE $2,007,010

Expense Breakdown

Grants Paid $597,839

Salaries & Benefits $996,038

Fundraising Expenses $101,944

Program Expenses $1,543,591

Other Expenses $212,209

TOTAL EXPENSES $1,808,771

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,007,010	$2,094,636	0.0%
Expenses	$1,808,771	$2,018,500	-0.1%
Net Income	$198,239	$76,136	+1.6%

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

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

$106,527

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CALLIE HOCH	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN MACCABE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL LYSSY	DIRECTOR	1.00	Director	$0	$0	$0
JANET EKEZIE	DIRECTOR	1.00	Director	$0	$0	$0
EMILY MARCOTTE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID HUETE	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS NOVOSAD	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT ACKERSON	DIRECTOR	1.00	Director	$0	$0	$0
CARLOS VASQUEZ	DIRECTOR	1.00	Director	$0	$0	$0
STEFANIE GAINES	PRESIDENT	1.00	Officer Director	$0	$0	$0
ALEX MOTTER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ERIC MORRIS	SECRETARY	1.00	Officer Director	$0	$0	$0
MARTIN KEIGHLEY	TREASURER	1.00	Officer Director	$0	$0	$0
SANDRA WHITLEY	EXECUTIVE DIRECTOR	45.00	Officer	$73,834	$0	$73,834
JENNIFER HIXON	EXECUTIVE DIRECTOR (THRU 4/2024)	45.00	Officer	$32,693	$0	$32,693
JUSTIN HOLLEY	EXECUTIVE DIRECTOR (STARTING 7/2024)	45.00	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
2025	No data	No data	No data	No data
2024	$2,007,010	$1,808,771	$514,841	$198,239
2023	$2,094,636	$2,018,500	$363,011	$76,136
2022	$1,984,367	$1,990,143	$259,649	$-5,776
2021	$983,837	$1,000,045	$237,690	$-16,208
2021	$1,073,224	$1,008,423	$251,966	$64,801
2020	$643,041	$581,907	$162,221	$61,134
2019	$710,667	$621,751	$189,417	$88,916
2018	$470,846	$423,454	$121,579	$47,392