THRIVE APPALACHIA

EIN: 922126227 501(c)(3) Employment

BURNSVILLE, NC

Total Revenue
$258,865
Total Expenses
$184,072
Total Assets
$96,222
Net Assets
$96,222
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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
2023
Legal Domicile
NC
Tax Period
2024-01-01 to 2024-12-31

THRIVE APPALACHIA, founded in 2023, is a small nonprofit in the Employment sector that reported $259K in total revenue in fiscal year 2024. The organization ran a surplus of $75K, a strong 29% operating margin.

Mission

ASSIST DISADVANTAGED CHILDREN, THEIR PARENTS AND GRANDPARENTS LEARNING MARKETABLE SKILLS IN ORDER TO BECOME PRODUCTIVE CITIZENS

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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 $258,865
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $258,865

Expense Breakdown

Grants Paid $0
Salaries & Benefits $46,938
Fundraising Expenses $0
Program Expenses $184,072
Other Expenses $137,134
TOTAL EXPENSES $184,072

Year-over-Year Comparison

2024 2023 Change
Revenue $258,865 $253,698 +0.0%
Expenses $184,072 $184,071 +0.0%
Net Income $74,793 $69,627 +0.1%
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
7
Independent Members
7
Employees
2
Volunteers
75

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILLIP MITCHELL N/A 0.00
Director
$0 $0 $0
STEVE GUNTHER N/A 0.00
Director
$0 $0 $0
MORGAN BUCHANAN N/A 0.00
Director
$0 $0 $0
JULIE GORLESKY CHAIR 0.00
Officer
$0 $0 $0
MEGAN GRAHAM VP 0.00
Officer
$0 $0 $0
CRYSTAL SHUFFORD SECRETARY 0.00
Officer
$0 $0 $0
CRAIG LEARNED TREASURER 0.00
Officer
$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 No data No data No data No data
2024 $258,865 $184,072 $96,222 $74,793
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