THRIVE LA

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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

Principal Officer

MATTHEW ALVAREZ

Phone

4157327700

Tax Period

2023-01-01 to 2023-12-31

THRIVE LA, founded in 2023, is a small nonprofit in the Civil Rights & Advocacy sector that reported $285K in total revenue in fiscal year 2023. The organization ran a surplus of $198K, a strong 69% operating margin.

Mission

TO SUPPORT THRIVE'S MISSION TO ENHANCE QUALITY OF LIFE FOR CITIZENS OF LOS ANGELES

Program Service Accomplishments

Program 1

Expenses: $87,674 Revenue: $233,903

HOSTING EVENTS IN LOS ANGELES WITH COMMUNITY LEADERS AND POLICY EXPERTS FOR COMMUNITY MEMBERS TO DISCUSS VARIOUS ISSUES AFFECTING THE QUALITY OF LIFE IN LOS ANGELES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $285,323

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $285,323

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $87,674

Other Expenses $87,674

TOTAL EXPENSES $87,674

Year-over-Year Comparison

	2023	2022	Change
Revenue	$285,323	N/A	N/A
Expenses	$87,674	N/A	N/A
Net Income	$197,649	$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

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW ALVAREZ	TREASURER	1	Officer	$0	$0	$0
SAM YEBRI	PRINCIPAL OFFICER	1	Officer	$0	$0	$0
BRAD CONROY	PRINCIPAL OFFICER	1	Officer	$0	$0	$0
NOEL MINOR	SECRETARY	1	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
2023	$285,323	$87,674	$197,649	$197,649