THRIVE MINISTRIES DBA THRIVE CHILDCARE

EIN: 473929831 501(c)(3) Education

OREGON, OH

Total Revenue
$2,959,891
Total Expenses
$3,014,138
Total Assets
$5,620,022
Net Assets
$1,056,069
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
OH
Principal Officer
BETH GUERRETTE
Phone
4196916313
Tax Period
2023-01-01 to 2023-12-31

THRIVE MINISTRIES DBA THRIVE CHILDCARE, founded in 2015, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

FAITH-BASED EDUCATION AND CARE OF CHILDREN

Program Service Accomplishments

Program 1
Expenses: $2,796,838 Revenue: $2,966,079

THRIVE MINISTRIES, INC. DBA THRIVE CHILDCARE PROVIDES FAITH-BASED CHILDCARE AND EARLY EDUCATIONAL SERVICES TO FAMILIES IN OREGON, OH, PERRYSBURG, OH AND THE SURROUNDING COMMUNITIES. WE PROVIDE CARE...

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THRIVE MINISTRIES, INC. DBA THRIVE CHILDCARE PROVIDES FAITH-BASED CHILDCARE AND EARLY EDUCATIONAL SERVICES TO FAMILIES IN OREGON, OH, PERRYSBURG, OH AND THE SURROUNDING COMMUNITIES. WE PROVIDE CARE FOR CHILDREN FROM 6 WEEKS TO 13 YEARS OLD. WE SERVICE 250+ CHILDREN ON A MONTHLY BASIS AND EMPLOY 70+ STAFF MEMBERS. CHILDREN ARE PROVIDED A LOVING, NURTURING ENVIRONMENT WHERE THEIR NEEDS ARE MET AND THEY ARE ENCOURAGED AND CHALLENGED TO GROW IN ALL AREAS- SPIRITUAL, COGNITIVE, PHYSICAL, EMOTIONAL AND SOCIAL. WE PROVIDE FUN AND ENGAGING SCHOOL AGE PROGRAMS DURING THE SCHOOL YEAR AND OUR CAMP THRIVE SUMMER PROGRAM. IN ADDITION TO HIGH QUALITY CARE AND EDUCATIONAL SERVICES, WE ALSO PROVIDE FAMILY RESOURCES, FAMILY FUN NIGHTS AND SEMINARS/CLASSES FOR FAMILIES AND STAFF.THE THRIVE CHILDCARE CENTERS IN OREGON AND PERRYSBURG WERE THE FIRST CENTERS IN LUCAS AND WOOD COUNTY TO RECEIVE ENDORSEMENT FROM THE OHIO HEALTHY PROGRAM. THE OHIO HEALTHY PROGRAM (OHP) ALIGNS WITH OUR DESIRE TO IMPACT THE WHOLE CHILD. THE OVERALL GOAL OF OHP IS TO DELIVER CONSISTENT MESSAGING TO ADULTS WHO CARE FOR CHILDREN AGED 0-5 YEARS TO PREVENT OBESITY IN EARLY CHILDHOOD AND REDUCE RISK OF PHYSICAL AND MENTAL HEALTH PROBLEMS IN CHILDHOOD AND ADULTHOOD. THIS IS DONE THROUGH ENCOURAGING HEALTHY EATING AND PHYSICAL ACTIVITY, AND MODIFYING SCREEN TIME BEHAVIORS. THIS IS A VOLUNTARY PROGRAM WHICH ENCOURAGES STAFF AND FAMILY INVOLVEMENT WITH HEALTHY HABITS, HEALTHY ACTIVITIES AND HEALTHY POLICIES.BOTH LOCATIONS OF THRIVE CHILDCARE ARE STAR-RATED WITH STEP UP TO QUALITY. STEP UP TO QUALITY (SUTQ) QUALITY RATING AND IMPROVEMENT SYSTEM ADMINISTERED BY THE OHIO DEPARTMENT OF EDUCATION AND THE OHIO DEPARTMENT OF JOB AND FAMILY SERVICES [JFS.OHIO.GOV]. SUTQ RECOGNIZES AND PROMOTES LEARNING AND DEVELOPMENT PROGRAMS THAT MEET QUALITY PROGRAM STANDARDS THAT EXCEED PRESCHOOL LICENSING [EDUCATION.OHIO.GOV] AND SCHOOL AGE CHILD CARE LICENSING [EDUCATION.OHIO.GOV] HEALTH AND SAFETY REGULATIONS. STEP UP TO QUALITY PROGRAM STANDARDS ARE BASED ON NATIONAL RESEARCH IDENTIFYING STANDARDS WHICH LEAD TO IMPROVED OUTCOMES FOR CHILDREN.ADDITIONALLY, BOTH CENTERS ARE ACCREDITED BY ASSOCIATION OF CHRISTIAN SCHOOLS INTERNATIONAL (ACSI). ACCREDITATION WITH ACSI ENGAGES THE SCHOOL IN A VIGOROUS, HOLISTIC PROCESS OF ORGANIZATIONAL APPRAISAL AND IMPROVEMENT THAT ENGAGES EVERY SCHOOL CONSTITUENT (PARENTS, STAFF, COMMUNITY PARTNERS AND CHILDREN.) EVERY STEP IN THE ACCREDITATION PROCESS IS DESIGNED TO BE USEFUL FOR DRIVING IMPROVEMENT IN PRIVATE SCHOOLS SO THEY CAN TRULY FLOURISH. ACCREDITATION IS A VOLUNTARY PROGRAM INTENDED TO HELP SCHOOLS GROW, DEVELOP AND EXCEED LOCAL, STATE AND NATIONAL STANDARDS.

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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 $0
Program Service Revenue $2,963,918
Investment Income $1,275
Other Revenue $-5,302
TOTAL REVENUE $2,959,891

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,075,908
Fundraising Expenses $0
Program Expenses $2,796,838
Other Expenses $938,230
TOTAL EXPENSES $3,014,138

Year-over-Year Comparison

2023 2022 Change
Revenue $2,959,891 $3,169,187 -0.1%
Expenses $3,014,138 $2,617,276 +0.2%
Net Income $-54,247 $551,911 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
106
Volunteers
3

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
3
$65,547
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF BURSON PRESIDENT/TREASURER 0.50
Officer Director
$0 $0 $0
JON SCHWANZ SECRETARY 0.50
Officer Director
$0 $0 $0
KENDRA KEC TRUSTEE 0.50
Director
$0 $0 $0
KRISTEN SHINAVER TRUSTEE 0.50
Director
$0 $0 $0
ERICA BERGER TRUSTEE 0.50
Director
$0 $0 $0
BETH GUERRETTE EXECUTIVE ADMINISTRATOR 40.00
Officer
$65,547 $0 $65,547
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 $2,959,891 $3,014,138 $5,620,022 $-54,247
2022 $3,169,187 $2,617,276 $5,642,115 $551,911
2021 $2,361,058 $2,133,569 $5,208,902 $227,489
2020 $2,294,775 $1,943,301 $5,083,458 $351,474
2019 $2,336,578 $2,274,616 $4,815,707 $61,962
2018 $2,244,184 $2,230,289 $4,752,940 $13,895
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