THRIVE BIRTH TO FIVE FOUNDATION DB… - Form 990 Financial Data

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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

ANN ROHDE PAYES

Phone

8044095651

Tax Period

2024-07-01 to 2025-06-30

THRIVE BIRTH TO FIVE FOUNDATION DBA THRIVE BIRTH TO FIVE, founded in 2023, is a mid-sized nonprofit in the Education sector that reported $11.6M in total revenue in fiscal year 2024.

Mission

THE THRIVE BIRTH TO FIVE (TB5) FOUNDATION (THE "FOUNDATION") HAS BEEN THE EARLY CHILDHOOD SYSTEMS BUILDING ORGANIZATION IN THE RICHMOND REGION SINCE 2007 AND WAS DESIGNATED READY REGION CENTRAL (RRC) BY THE VIRGINIA EARLY CHILDHOOD FOUNDATION AND THE VIRGINIA DEPARTMENT OF EDUCATION IN 2022.

Program Service Accomplishments

Program 1

Expenses: $2,298,468

EARLY CHILDHOOD PROGRAMS - TB5 CONVENES 500+ DIVERSE PUBLIC AND PRIVATE ORGANIZATIONS TO WORK COLLECTIVELY TO ENSURE ALL CHILDREN ARE READY TO SUCCEED IN SCHOOL, WORK, AND LIFE. PARTNERS INCLUDE...

EARLY CHILDHOOD PROGRAMS - TB5 CONVENES 500+ DIVERSE PUBLIC AND PRIVATE ORGANIZATIONS TO WORK COLLECTIVELY TO ENSURE ALL CHILDREN ARE READY TO SUCCEED IN SCHOOL, WORK, AND LIFE. PARTNERS INCLUDE CHILDCARE PROVIDERS, SCHOOL SYSTEMS, STATE AND LOCAL GOVERNMENT, NONPROFIT AND PHILANTHROPIC ORGANIZATIONS, AND LOCAL BUSINESSES.

Program 2

Expenses: $8,919,854

PUBLIC/ PRIVATE CHILDCARE PARTNERSHIPS - TB5 ADMINISTERS MIXED DELIVERY PROGRAMMING, FUNDING CARE AND EDUCATION SLOTS FOR OVER 540 CHILDREN UNDER THE AGE OF 5 IN THE REGION. TB5 ALSO ADMINISTERS THE CITY OF RICHMOND EARLY CHILDCARE TRUST FUND, AN HISTORIC INVESTMENT IN EARLY CHILDHOOD CARE AND EDUCATION AWARDED BY THE CITY OF RICHMOND TO EXPAND THE ACCESSIBILITY AND AFFORDABILITY OF CARE BY FUNDING SLOTS FOR FAMILIES IN NEED.

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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 $11,585,476

Program Service Revenue $0

Investment Income $51,432

Other Revenue $0

TOTAL REVENUE $11,636,908

Expense Breakdown

Grants Paid $8,561,824

Salaries & Benefits $1,407,429

Fundraising Expenses $0

Program Expenses $11,218,322

Other Expenses $1,558,150

TOTAL EXPENSES $11,527,403

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,636,908	N/A	N/A
Expenses	$11,527,403	N/A	N/A
Net Income	$109,505	N/A	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

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

$168,027

Total Directors