STRIVE HOUSE INC

EIN: 821179803 501(c)(3) Mental Health

CINCINNATI, OH

Total Revenue
$764,454
Total Expenses
$766,732
Total Assets
$23,345
Net Assets
$23,345
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
OH
Principal Officer
TERRI GAITHER
Phone
5133835983
Tax Period
2023-01-01 to 2023-12-31

STRIVE HOUSE INC, founded in 2017, is a small nonprofit in the Mental Health sector that reported $764K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

STRIVE HOUSE IS A NONPROFIT AGENCY PROVIDING RESIDENTIAL HOUSING SERVICES FOR AT RISK YOUTH IN THE SOUTHERN REGION. THE PROGRAM WILL FORM PARTNERSHIPS WITH LOCAL CHILDRENS SERRVICES, JOBS AND FAMILY SERVICES, SCHOOL AND THE JUVENILE COURT SYSTEM.

Program Service Accomplishments

Program 1
Expenses: $766,732 Revenue: $764,454

PROVIDED GROUP HOME SERVICES TO YOUTH 13-18. THE NUMBER OF BED DAYS FOR THE GROUP HOME WERE OVER 1000 FOR THE YEAR. ASSISTED THE YOUTH IN EDUCATION AND PERSONAL SKILLS DEVELOPMENT. EXTENDED TO THE...

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PROVIDED GROUP HOME SERVICES TO YOUTH 13-18. THE NUMBER OF BED DAYS FOR THE GROUP HOME WERE OVER 1000 FOR THE YEAR. ASSISTED THE YOUTH IN EDUCATION AND PERSONAL SKILLS DEVELOPMENT. EXTENDED TO THE YOUTH ACTIVITES IN A SIDE OF THE HOME TO ALLOW THEM TO BE REINTEGRATED WITHIN THE COMMUNITY AT-LARGE.

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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 $764,454
Investment Income $0
Other Revenue $0
TOTAL REVENUE $764,454

Expense Breakdown

Grants Paid $0
Salaries & Benefits $518,985
Fundraising Expenses $0
Program Expenses $766,732
Other Expenses $247,747
TOTAL EXPENSES $766,732

Year-over-Year Comparison

2023 2022 Change
Revenue $764,454 $661,277 +0.2%
Expenses $766,732 $759,469 +0.0%
Net Income $-2,278 $-98,192 -1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
17
Volunteers
N/A

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
1
$85,523
Total Directors
1
$85,523
Key Employees
1
$85,523
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELA ALLEN EXECUTIVE DIRECTOR 40.00
Officer Director Key Emp Highest
$85,523 $0 $85,523
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 $764,454 $766,732 $23,345 $-2,278
2022 $661,277 $759,469 $29,208 $-98,192
2021 $715,753 $799,261 $105,556 $-83,508
2020 $625,571 $594,631 $87,879 $30,940
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