THRIVE MINISTRY INC (EIN 833941906) - 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

2019

Legal Domicile

Principal Officer

JULIET SHARROW

Phone

7176402951

Tax Period

2024-01-01 to 2024-12-31

THRIVE MINISTRY INC, founded in 2019, is a small nonprofit in the Human Services sector that reported $137K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $156K exceeded revenue, resulting in a 15% operating deficit.

Mission

OUR PURPOSE IS TO SHARE GOD'S LOVE WITH VICTIMS OF DOMESTIC VIOLENCE BY PROVIDING FOR THE MOST BASIC OF HUMAN NEEDS AND BY WALKING ALONGSIDE THEM ON THEIR JOURNEY TO FREEDOM AND INDEPENDENCE.

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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 $97,320

Program Service Revenue $2,660

Investment Income $7,501

Other Revenue $29,029

TOTAL REVENUE $136,510

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,095

Fundraising Expenses $5,109

Program Expenses $134,875

Other Expenses $100,882

TOTAL EXPENSES $156,446

Year-over-Year Comparison

	2024	2023	Change
Revenue	$136,510	$123,010	+0.1%
Expenses	$156,446	$122,981	+0.3%
Net Income	$-19,936	$29	-688.4%

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

N/A

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

$51,095

Total Directors

$51,095

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIET SHARROW	PRESIDENT/EX	40.00	Officer Director	$51,095	$0	$51,095
BRYAN SHARROW	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
DANA-JO PEARL	SECRETARY	N/A	Officer Director	$0	$0	$0
REBECCA HINCHMAN	TREASURER	N/A	Officer Director	$0	$0	$0
ANNE ACKER	BOARD MEMBER	N/A	Director	$0	$0	$0
STEVE MILLER	BOARD MEMBER	N/A	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	$136,510	$156,446	$74,342	$-19,936
2023	$123,010	$122,981	$76,968	$29
2022	$161,634	$136,796	$76,997	$24,838
2021	$271,772	$258,401	$52,159	$13,371

THRIVE MINISTRY INC