WHERE WE THRIVE INC

EIN: 842106893 501(c)(3)

LOCKHART, TX

Total Revenue
$90,889
Total Expenses
$77,218
Total Assets
$15,485
Net Assets
$15,485
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
TX
Principal Officer
MARGARET CARTER
Phone
5126441193
Tax Period
2021-01-01 to 2021-12-31

WHERE WE THRIVE INC, founded in 2019, is a micro nonprofit that reported $91K in total revenue in fiscal year 2021. The organization ran a surplus of $14K, a strong 15% operating margin.

Mission

WHERE WE THRIVE'S MISSION IS IS TO HELP REBUILD, RESTORE, MENTOR, AND DEVELOP OUR COMMUNITY RESOURCES TO IMPROVE THE LIVES OF OUR CITIZENS LIVING IN POVERTY WITH EMPHASIS ON AT RISK YOUTH AND THE ELDERLY. SPECIFICALLY, WWT SEEKS TO PROVIDE MENTORING PROGRAMS FOR AT-RISK YOUTH SUCH AS COMPUTER LABS AND CAREER EDUCATION PROGRAMS. WE PROPOSE TUTORING AND MOTIVATIONAL PROGRAMS GEARED TO ENCOURAGE OUR CHILDREN TO SEEK SCHOLARSHIPS AND GRANTS FOR HIGHER EDUCATION INSTITUTIONS. WWT ALSO SEEKS TO PROVIDE SERVICES SPECIFIC TO OUR ELDERLY SUCH AS HEALTHY MEALS AND EXERCISE PROGRAMS TO HELP WITH MOBILITY/BALANCE AND WILL SPONSOR AND RECRUIT VOLUNTEERS TO HELP WITH MINOR HOME REPAIRS AND MAINTENANCE. WWT WILL CONTINUE TO WORK WITH LOCAL COMMUNITY LEADERS IN THE HERCULEAN EFFORT TO RESTORE AND DEVELOP THE CARVER HIGH SCHOOL BUILDING (A RECORDED TEXAS HISTORICAL LANDMARK-2008) INTO A LIVING, BREATHING COMMUNITY ASSET THAT CAN SERVE ITS NEIGHBORS WITH RESOURCES AND EDUCATIONAL OPPORTUNITIES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $90,889
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $90,889

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,218
Other Expenses $77,218
TOTAL EXPENSES $77,218

Year-over-Year Comparison

2021 2020 Change
Revenue $90,889 N/A N/A
Expenses $77,218 N/A N/A
Net Income $13,671 $0 N/A
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
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
4
$12,900
Total Directors
5
$12,900
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET CARTER EXEC DIR, CHAIRMAN 1.00
Officer Director
$12,900 $0 $12,900
CODY KIMBALL TREASURER 0.00
Officer Director
$0 $0 $0
SONJA VILLALOBOS SECRETARY 0.00
Officer Director
$0 $0 $0
JASMINE SANDERS PRESIDENT 0.00
Officer Director
$0 $0 $0
RITA BUCKLEY DIRECTOR 0.00
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
2021 $90,889 $77,218 $15,485 $13,671
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