THRIVE DC (EIN 521485474) - 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

1986

Legal Domicile

Principal Officer

SHANE MULHERN

Phone

2027379311

Tax Period

2024-01-01 to 2024-12-31

THRIVE DC, founded in 1986, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.6M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $3.1M exceeded revenue, resulting in a 19% operating deficit.

Mission

THRIVE DC WORKS TO PREVENT AND END HOMELESSNESS BY PROVIDING VULNERABLE INDIVIDUALS WITH A COMPREHENSIVE RANGE OF SERVICES TO HELP STABILIZE THEIR LIVES.

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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 $2,584,799

Program Service Revenue $0

Investment Income $44,316

Other Revenue $0

TOTAL REVENUE $2,629,115

Expense Breakdown

Grants Paid $1,488,220

Salaries & Benefits $1,177,122

Fundraising Expenses $166,390

Program Expenses $2,581,480

Other Expenses $468,797

TOTAL EXPENSES $3,134,139

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,629,115	$2,362,409	+0.1%
Expenses	$3,134,139	$2,887,431	+0.1%
Net Income	$-505,024	$-525,022	0.0%

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

1600

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

$189,077

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANE MULHERN	EXECUTIVE DIRECTOR	040.00	Officer	$152,437	$36,640	$189,077
ANGELA THRESHER	PRESIDENT	001.00	Officer Director	$0	$0	$0
MICHELLE RINDONE	VICE PRESIDENT	001.00	Officer Director	$0	$0	$0
LAURENCE THOMPSON	SECRETARY	001.00	Officer Director	$0	$0	$0
EMILY AFZAL	DIRECTOR	001.00	Director	$0	$0	$0
SUZANNE GARWOOD	DIRECTOR	001.00	Director	$0	$0	$0
ALEXIA BAILLOW	DIRECTOR	001.00	Director	$0	$0	$0
SHEENA R GORDON-ROBERTS	DIRECTOR	001.00	Director	$0	$0	$0
WHITNEY BEECHAM	DIRECTOR	001.00	Director	$0	$0	$0
JUAN MORILLO	DIRECTOR	001.00	Director	$0	$0	$0
BILL BLACK	DIRECTOR	001.00	Director	$0	$0	$0
CAMILLE MARTONE	DIRECTOR	001.00	Director	$0	$0	$0
MICHELL CLARK	DIRECTOR	001.00	Director	$0	$0	$0
JESSICA RIHANI	DIRECTOR	001.00	Director	$0	$0	$0
TRACEY CLARKE DALEBROUX	TREASURER	001.00	Officer Director	$0	$0	$0
EDEN SHIFERAW	DIRECTOR	001.00	Director	$0	$0	$0
AMANDA PALLESCHI	DIRECTOR	001.00	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	$2,629,115	$3,134,139	$1,330,352	$-505,024
2023	$2,362,409	$2,887,431	$1,915,884	$-525,022
2022	$6,830,624	$6,486,904	$2,559,922	$343,720
2021	$7,276,851	$6,173,260	$1,953,094	$1,103,591
2020	$3,384,321	$2,726,376	$1,136,357	$657,945
2019	$2,759,654	$2,808,104	$293,759	$-48,450
2018	$2,445,803	$2,680,126	$299,946	$-234,323

THRIVE DC