Thrive Memphis FY2020 filing

Tax-deductible

Memphis, TN501(c)(3)Since 2008Human ServicesEIN 26-2223237Revenue $360K in FY2020

On file with the IRSthrivemem.orgPo Box 171136, 38187-1136 · Memphis, TNTax-exempt since Dec 2008Publicly supported charity — 170(b)(1)(A)(vi)

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To enrich the lives of the developmentally challenged by meeting their social, recreational and continuing educational needs.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$80K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $13K a year · 3% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$80K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $32K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$14K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$360K
Spent
$343K
To programs
70%
Net assets
$205K
By yearFY2020–FY2025
Revenue
$360K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$360K
FY2021$500K
FY2022$462K
FY2023$547K
FY2024$420K
FY2025$445K
Expenses
$343K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$343K
FY2021$333K
FY2022$451K
FY2023$503K
FY2024$502K
FY2025$526K
Net assets
$205K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$205K
FY2021$371K
FY2022$382K
FY2023$425K
FY2024$344K
FY2025$263K

From the FY2020 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $239K Management & general 20% · $70K Fundraising 10% · $34K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $80K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$80,000Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Jo Anne Fusco’s $88K as Executive Director is at the 79th percentile of top reported officer pay among 2167 $100K–1M human services 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 · 1 named individual · Part VII

NameFY2025FY2023FY2022FY2021FY2020
Jo Anne Fusco$88,358$88,791$87,489$86,277$80,000

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Enriches lives by meeting social, recreational, and educational needs of the developmentally challenged.

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Provided by the organization

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1 program · $239K · in their own filed words · FY2020
01

Social and recreational activities provided include after-school programming, weekend events, summer camp and day programs.

$239Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$360K
Ln 12
Gifts and grantsLn 1h$198K
Fees for servicesLn 2g$83K
Other incomeLn 4–11$74K
Money outPt IX
$343K
Ln 25
Programscol B$239K
Managementcol C$70K
Fundraisingcol D$34K
Owns and owesPt X
$205K
net assets · Ln 32
Cash and savingsLn 1–2$150K
Total assetsLn 16$219K
LiabilitiesLn 26$14K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$198K
Government grantsLn 1e$77K
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$83K
Investment incomeLn 3$4K
Other incomeLn 4–11$74K
Gains on assetsLn 7$4K
Total revenueLn 12$360K
Assets in detailPt X, end of year
CashLn 1$101K
SavingsLn 2$49K
Cash and savings togetherLn 1–2$150K
Land, buildings, equipmentLn 10c$37K
Total assetsLn 16$219K
LiabilitiesLn 26$14K
Net assetsLn 32$205K
OperationsPt I, VI
EmployeesI 518
VolunteersI 661
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$146K$150K
Land, buildings, equipmentLn 10c$44K$37K
Total assetsLn 16$193K$219K
LiabilitiesLn 26$6K$14K
Net assetsLn 32$187K$205K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$80K$16K$32K$32K
Other salaries and wagesLn 7$118K$118K$0$0
Payroll taxesLn 10$14K$10K$2K$2K
Accounting feesLn 11c$10K$0$10K$0
Advertising and promotionLn 12$1K$1K$0$0
Office expensesLn 13$5K$0$5K$0
Information technologyLn 14$10$0$10$0
OccupancyLn 16$52K$42K$10K$0
Depreciation, depletion and amortizationLn 22$20K$19K$990$0
InsuranceLn 23$20K$18K$2K$0
Other expenses (24a–d)Ln 24$6K$4K$2K$0
All other expensesLn 24e$16K$11K$6K$0
Total functional expensesLn 25$343K$239K$70K$34K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $445K$526K−$81K$263K 990 PDF
FY2024 $420K$502K−$82K$344K 990 PDF
FY2023 $547K$503K$44K$425K 990 PDF
FY2022 $462K$451K$11K$382K 990 PDF
FY2021 $500K$333K$166K$371K 990 PDF
FY2020 Viewing $360K$343K$18K$205K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $360,293 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $154,945$198,480
I-9 Program service revenuePrior year $230,670$83,397
I-10 Investment incomePrior year $240$4,288
I-11 Other revenuePrior year $15,278$74,128
I-12 Total revenuePrior year $401,133$360,293
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $298,635$211,773
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $149,177$130,964
I-18 Total expensesPrior year $447,812$342,737
I-19 Revenue less expensesPrior year −$46,679$17,556
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $360,293 across 9 lines filed
Lines not itemized here account for $49,669 of total revenue; see the IRS return.
VIII-1c Fundraising events$0
VIII-1e Government grants$77,266
VIII-1f All other contributions, gifts and grants$121,214
VIII-1h Total contributions, gifts and grants$198,480
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$83,397
VIII-3 Investment incomeUnrelated business $141 · Excluded from tax $0$141
VIII-7 Net gain or loss on sales of assetsRelated to mission $4,147 · Unrelated business $0 · Excluded from tax $0$4,147
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $24,459$24,459
VIII-12 Total revenueRelated to mission $137,213 · Unrelated business $141 · Excluded from tax $24,459$360,293
Part IX · Statement of functional expenses $342,737 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $16,000 · Management $32,000 · Fundraising $32,000$80,000
IX-7 Other salaries and wagesPrograms $117,858 · Management $0 · Fundraising $0$117,858
IX-10 Payroll taxesPrograms $10,079 · Management $1,918 · Fundraising $1,918$13,915
IX-11c Accounting feesPrograms $0 · Management $9,985 · Fundraising $0$9,985
IX-12 Advertising and promotionPrograms $1,337 · Management $0 · Fundraising $0$1,337
IX-13 Office expensesPrograms $0 · Management $4,847 · Fundraising $0$4,847
IX-14 Information technologyPrograms $0 · Management $10 · Fundraising $0$10
IX-16 OccupancyPrograms $42,000 · Management $10,500 · Fundraising $0$52,500
IX-22 Depreciation, depletion and amortizationPrograms $19,191 · Management $990 · Fundraising $0$20,181
IX-23 InsurancePrograms $17,693 · Management $2,230 · Fundraising $0$19,923
IX-24 Other expenses (24a–d)Programs $4,221 · Management $1,553 · Fundraising $0$5,774
IX-24e All other expensesPrograms $10,724 · Management $5,683 · Fundraising $0$16,407
IX-25 Total functional expensesPrograms $239,103 · Management $69,716 · Fundraising $33,918$342,737
Part X · Balance sheet $219,231 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $11,460$100,864
X-2 Savings and temporary cash investmentsStart of year $134,163$49,205
X-4 Accounts receivableStart of year $1,635$31,629
X-9 Prepaid expenses and deferred chargesStart of year $1,592$363
X-10c Land, buildings and equipment, netStart of year $44,138$37,170
X-16 Total assetsStart of year $192,988$219,231
X-17 Accounts payable and accrued expensesStart of year $5,602$14,289
X-26 Total liabilitiesStart of year $5,602$14,289
X-27 Net assets without donor restrictionsStart of year $187,386$204,942
X-32 Total net assets or fund balancesStart of year $187,386$204,942
X-33 Total liabilities and net assetsStart of year $192,988$219,231
Part XI · Reconciliation of net assets $204,942 net assets at year end
XI-1 Total revenue$360,293
XI-2 Total expenses$342,737
XI-3 Revenue less expenses$17,556
XI-4 Net assets at start of year$187,386
XI-10 Net assets at end of year$204,942

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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