Strive International INC EIN 13-3255679 Form 990 (PDF) Claim this org

Strive International INC

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Provides job training and support to help people overcome barriers and achieve financial stability. For fiscal year 2024 it reported $14.6M in revenue, $14.1M in expenses, and $9.9M in net assets.Pt I

Founded
1984
Type
Public charity (501(c)(3)) · Employment
Location
New York, NY
Website
www.strive.org
Filings
5 on file (2020–2024)
Revenue
$14.6MFY2024
Expenses
$14.1M
Net assets
$9.9M
People
27
Filings
5
Updates
0
More identity details & actions ⌄
EIN  13-3255679 Public charity (501(c)(3)) New York, NY Founded 1984
Form 990 (PDF)
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Figures match the IRS filing checked 7/19/26 · see original: IRS
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Size
$10–100M
What they do
Provides job training and support to help people overcome barriers and achieve financial stability.
Leadership
Philip Weinberg · CEO · $346K
Money in and out
$14.6M revenue, $14.1M expenses
Bottom line
70% program efficiency
Where the money goes · FY2024
Total revenue
$14.6M
Pt VIII · Ln 12
Total expenses
$14.1M
Pt IX · Ln 25
Net assets
$9.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $415K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.22 Fundraising $0.08
Program efficiency
70%
of spending reaches programs▲ +14% vs prior filing year
Operating runway
8.3mo
months of highly liquid reserves at operating expense rate▼ -33% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▼ -91% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$14.6M
FY2024▼ -22%
Expenses
$14.1M
FY2024▲ +13%
Total assets
$15.1M
FY2024▼ -12%
Total liabilities
$5.1M
FY2024▼ -33%
Total revenue
$14.6M
Pt VIII · Ln 12
Total expenses
$14.1M
Pt IX · Ln 25
Net assets
$9.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$415K
Total assetsPt X · Ln 16$15.1M
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

1 program service account for $9.9M of program spending, described in the organization's own filed words · FY2024.
01

Strive is the nations leading solution for people who face the biggest obstacles toemployment. Our proven model propels students into careers that lead to upwardmobility. What makes strive unique is the network of providers.

$9.9Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStrive International INC
EINHdr · item D13-3255679
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.strive.org
Year of formationHdr · item L1984
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J200)
Ruling yearIRS BMFMay 1985

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$346,166Pt VII · Sec A
$224,401Pt VII · Sec A
Ed - New York
$184,055Pt VII · Sec A
$180,893Pt VII · Sec A
Vp- Strategy & Growth
$156,307Pt VII · Sec A
VP - Development
$139,007Pt VII · Sec A
Dir. Insti. Giving
$129,422Pt VII · Sec A
Ed - New Orleans
$121,458Pt VII · Sec A

Philip Weinberg’s $346K as CEO is at the 79th percentile of top reported officer pay among 415 $10–100M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Philip Weinberg$346,166$334,616$320,427$316,845
Philip Weinberg$298,269
Monique Baptiste$224,401
Tasha Jackson$203,359$185,527$147,210
Ayesha George$184,055$190,253$105,574
Marcie Klein$180,893
Cynthia Trevor$170,426$157,166$153,884
Lakythia Ferby-Weigel$138,362$169,280

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$14.1M · 97%
Investment income$422K · 3%
Contributions & grants97%$14.1M
Investment income3%$422K
Program service revenue$54K
Other revenue$11K
— government grantsLn 1e$3.3M
Total revenueLn 12$14.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.22 Fundraising $0.08
Program services70%$9.9M
Management & general22%$3.1M
Fundraising8%$1.1M
Total functional expensesLn 25$14.1M

Balance Sheet

Part X · end of year
CashLn 1$1.9M
Total assetsLn 16$15.1M
Total liabilitiesLn 26$5.1M
Total net assetsLn 32$9.9M
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $9.7M · Operating expenses (Pt IX) $14.1M · Less non-cash grants $45K · Cash operating expenses/yr $14.1M
8.3 months
Where the money goes
Program services
Program services $9.9M · Total expenses $14.1M
70%
Management & General
Management & general $3.1M · Total expenses $14.1M
22%
Fundraising
Fundraising $1.1M · Total expenses $14.1M
8%
Cost to raise $1
Fundraising expense (3-yr avg) $798K · Solicited contributions (3-yr avg) $10.3M
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $14.1M · Total revenue $14.6M
97%
Government reliance
Government grants $3.3M · Total revenue $14.6M
22%
Earned-income share
Program service revenue $54K · Total revenue $14.6M
0.4%
Investment reliance
Investment income $422K · Total revenue $14.6M
+3%
Program self-sufficiency
Program service revenue $54K · Total expenses $14.1M
0.4%
Growth & trend
Revenue growth (YoY)
This year $14.6M · Prior year $18.7M
-22%
Revenue CAGR
FY2020 $7.8M · FY2024 $14.6M
+17%
Net-asset trend (YoY)
End of year $9.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $14.6M · Expenses $14.1M
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $15.1M
Net-asset ratio
Net assets $9.9M · Total assets $15.1M
66%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $7.8M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $15.1M
52%
People & payroll
Highest Reported Total Compensation
Individual Philip Weinberg · Reported title CEO · Highest reported compensation $346K · Total expenses $14.1M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $8.7M · Total expenses $14.1M
62%
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $66K · Gross raised $1.0M
6%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 22%
Fundraising cost ratio 8%
Revenue growth -22%
Investment management fee ratio 0%
Legal fee ratio 0.08%
Accounting fee ratio 0%
Fundraising fee ratio 0.5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 29 funders →
Grants paid · 29 grants · $4.6M · 2020–2024
Career Resources INCCT · FY2024$351,191
Reconcile New Orleans INCLA · FY2024$109,734
Jevs Human ServicesPA · FY2024$84,290
Career Resources INCCT · FY2023$244,938
Reconcile New Orleans INCLA · FY2023$188,838
Jevs Human ServicesPA · FY2023$173,230
Justice Resource Institute INCMA · FY2022$121,724
Jevs Human ServicesPA · FY2022$105,001
Reconcile New Orleans INCLA · FY2022$91,407
County of WestchesterFY2022$73,787
Justice Resource Institute INCMA · FY2021$318,390
Jevs Human ServicesPA · FY2021$301,528
Westchester-Putnam WorkforceFY2021$268,516
Career Resources INCCT · FY2021$17,891
See all 29 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$14.6M revenue · viewing · ⤓ 990 PDF
FY2023$18.7M revenue · ⤓ 990 PDF
FY2022$8.6M revenue · ⤓ 990 PDF
FY2021$8.5M revenue · ⤓ 990 PDF
FY2020$7.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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