THRIVE FOR LIFE PRISON PROJECT INC

EIN: 815342358 501(c)(3) Crime & Legal

New York, NY

Total Revenue
$2,396,919
Total Expenses
$1,708,490
Total Assets
$3,355,372
Net Assets
$2,415,559
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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NY
Principal Officer
ZACHARIAH F PRESUTTI SJ
Phone
2123377544
Tax Period
2024-07-01 to 2025-06-30

THRIVE FOR LIFE PRISON PROJECT INC, founded in 2017, is a community nonprofit in the Crime & Legal sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $688K, a strong 29% operating margin.

Mission

The mission of Thrive for Life Prison Project is to transform lives both behind and beyond the prison walls. At Thrive for Life, we envision a world where educational opportunities provide a clear and attainable pathway to a successful and... -See continuation in Schedule O

Program Service Accomplishments

Program 1
Expenses: $1,102,556

Beyond the Walls: Thrive for Life currently operates two supportive living communities in New York and one in Milwaukee, each serving as a house of studies for highly motivated individuals returning...

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Beyond the Walls: Thrive for Life currently operates two supportive living communities in New York and one in Milwaukee, each serving as a house of studies for highly motivated individuals returning from incarceration who are continuing their education and rebuilding their lives. Ignacio House Manhattan Home to 12 resident scholars, Ignacio House provides a structured, faith-filled environment for individuals who are continuing their college or vocational studies. This past year, we successfully launched a workforce training program in floral design, in partnership with a local florist. The program offers residents both creative and practical skills that can lead to long-term employment in the floral and hospitality industries. -See continuation in Schedule O

Program 2
Expenses: $62,802

Behind the Walls: Over the past fiscal year, Thrive for Life has continued to expand its transformative spiritual and educational outreach within correctional facilities across the New York...

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Behind the Walls: Over the past fiscal year, Thrive for Life has continued to expand its transformative spiritual and educational outreach within correctional facilities across the New York metropolitan area, including Rikers Island.Through our prison ministry and retreat work, we have reached over 17,000 incarcerated men and women, offering them hope, healing, and spiritual formation grounded in the Ignatian tradition. These retreats provide an opportunity for deep reflection, renewal, and the rediscovery of human dignity amidst the challenges of incarceration.In addition to retreat programming, more than 10,000 individuals behind the walls have received Thrive for Lifes monthly newsletter, which features spiritual exercises, reflections, and messages of encouragement designed to inspire ongoing spiritual growth and resilience. -See continuation in Schedule O

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,382,496
Program Service Revenue $0
Investment Income $0
Other Revenue $14,423
TOTAL REVENUE $2,396,919

Expense Breakdown

Grants Paid $66,650
Salaries & Benefits $247,286
Fundraising Expenses $377,932
Program Expenses $1,165,358
Other Expenses $1,394,554
TOTAL EXPENSES $1,708,490

Year-over-Year Comparison

2024 2023 Change
Revenue $2,396,919 $1,850,650 +0.3%
Expenses $1,708,490 $1,766,132 0.0%
Net Income $688,429 $84,518 +7.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
9
Volunteers
30

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
$0
Total Directors
6
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Coss Marte Founder CONBODY & Coss Athletics 1.00
Director
$0 $0 $0
James Croghan SuperiorBoston College High School 1.00
Director
$0 $0 $0
Philip Judge PresidentMcQuaid Jesuit HighSchool 1.00
Director
$0 $0 $0
ZACHARIAH F PRESUTTI Founder and Executive Director 1.00
Officer Director Key Emp
$0 $0 $0
Mickael Ohana Board Chair 1.00
Officer Director
$0 $0 $0
Mary Casey Board Vice President & Secretary 1.00
Officer 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
2025 $2,396,919 $1,708,490 $3,355,372 $688,429
2024 $1,850,650 $1,766,132 $2,718,722 $84,518
2023 $1,993,966 $958,663 $2,014,228 $1,035,303
2022 $913,630 $716,961 $620,606 $196,669
2021 $486,762 $510,808 $392,884 $-24,046
2020 $608,429 $639,437 $445,782 $-31,008
2019 $354,101 $387,354 $518,628 $-33,253
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