Thrivepoint High School

EIN: 861003327 501(c)(3) Education

Glendale, AZ

Total Revenue
$14,864,761
Total Expenses
$15,168,262
Total Assets
$17,192,166
Net Assets
$11,462,961
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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
2000
Legal Domicile
AZ
Principal Officer
Shannon Smith
Phone
6024395026
Tax Period
2024-07-01 to 2025-06-30

Thrivepoint High School, founded in 2000, is a mid-sized nonprofit in the Education sector that reported $14.9M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

THE SCHOOL OPERATES VARIOUS CHARTER SCHOOL CAMPUSES, EDUCATING HIGH SCHOOL STUDENTS IN PHOENIX, GLENDALE, BUCKEYE, AVONDALE AND SURPRISE ARIZONA. THRIVEPOINT HIGH SCHOOL IS A FREE CHARTER SCHOOL THAT OFFERS OPPORTUNITY FOR HIGH SCHOOL COMPLETION WITH COMPUTER BASED PROGRAMS AND A SELF SETTING PACE FOR EARLY GRADUATION OR TO CATCH UP ON CREDITS. THE SCHOOL IS ALSO VERY FLEXIBLE FOR STUDENTS WHO HAVE JOBS OR OTHER RESPONSIBILITIES, OFFERING TWO FOUR HOUR BLOCKS FIVE DAYS A WEEK.

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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 (2024)

Revenue Breakdown

Contributions & Grants $14,731,778
Program Service Revenue $16,325
Investment Income $116,658
Other Revenue $0
TOTAL REVENUE $14,864,761

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,057,461
Fundraising Expenses $0
Program Expenses $10,126,737
Other Expenses $10,110,801
TOTAL EXPENSES $15,168,262

Year-over-Year Comparison

2024 2023 Change
Revenue $14,864,761 $15,819,075 -0.1%
Expenses $15,168,262 $10,546,343 +0.4%
Net Income $-303,501 $5,272,732 -1.1%
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

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Governance

Voting Members
5
Independent Members
4
Employees
110
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
$0
Total Directors
5
$33,411
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Danell Stephenson Director 40.00
Director
$33,411 $0 $33,411
Shannon Smith Secretary 0.00
Officer Director
$0 $0 $0
Kelly Hicks Director 2.00
Director
$0 $0 $0
Julita Deddo Director 2.00
Director
$0 $0 $0
Rick Frost 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
2025 $14,864,761 $15,168,262 $17,192,166 $-303,501
2024 No data No data No data No data
2023 $8,963,002 $7,689,411 $8,451,818 $1,273,591
2022 $6,930,926 $6,268,833 $6,194,564 $662,093
2021 $5,255,212 $6,468,015 $5,349,223 $-1,212,803
2020 $5,415,630 $5,062,016 $6,077,797 $353,614
2019 $5,052,399 $5,119,069 $5,717,023 $-66,670
2018 $5,555,998 $5,376,932 $5,849,637 $179,066
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