Thrive INC EIN 26-3828079

Thrive INC

EIN  26-3828079 Public charity (501(c)(3)) Helena, AR
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Develops branding, public art, and recreation projects to boost rural family economic opportunities.
Leadership
William Staley · Executive Dir. · $110K
Money in and out
$523K revenue, $491K expenses
Bottom line
78% program efficiency

Develops branding, public art, and recreation projects to boost rural family economic opportunities. For fiscal year 2025 it reported $523K in revenue, $491K in expenses, and $177K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$523K
Pt VIII · Ln 12
Total expenses
$491K
Pt IX · Ln 25
Net assets
$177K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $32K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.22
Program efficiency
78%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
2.8mo
months of highly liquid reserves at operating expense rate▲ +460% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▲ +109% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$523K
FY2025▼ -2%
Expenses
$491K
FY2025▼ -46%
Total assets
$179K
FY2025▲ +21%
Total liabilities
$2K
FY2025▼ -25%
Total revenue
$523K
Pt VIII · Ln 12
Total expenses
$491K
Pt IX · Ln 25
Net assets
$177K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$32K
Total assetsPt X · Ln 16$179K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $382K of program spending, described in the organization's own filed words · FY2024.
01

Thrive Inc's after school creative leadership youth program trains area high school and community college students in art, design, entrepreneurship, and life skills and works with them to improve their community through public art and outdoor recreation projects in Phillips County, Arkansas.

$382Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThrive INC
EINHdr · item D26-3828079
Principal addressHdr · item CHelena, AR
WebsiteHdr · item Jwww.thrivecenter.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S30)
Ruling yearIRS BMFMar 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b4
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Dir.
$110,000Pt VII · Sec A
President
$41,866Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

William Staley’s $110K as Executive Dir. is at the 78th percentile of top reported officer pay among 1710 $100K–1M community development 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 · 5 named individuals · Part VII

NameFY2025FY2024FY2023
William Staley$110,000
William Staley$89,082$105,500
Ryan Biles$41,866
Ryan Biles$17,638
Misti Staley$3,000

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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Statement of Revenue

Part VIII
Contributions & grants$434K · 83%
Program service revenue$89K · 17%
Contributions & grants83%$434K
Program service revenue17%$89K
Investment income$91
Total revenueLn 12$523K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.22
Program services78%$382K
Management & general22%$108K
Total functional expensesLn 25$491K

Balance Sheet

Part X · end of year
CashLn 1$116K
Total assetsLn 16$179K
Total liabilitiesLn 26$2K
Total net assetsLn 32$177K
Months of cash on handcomputed2.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $116K · Operating expenses/yr $491K
2.8 months
Where the money goes
Program services
Program services $382K · Total expenses $491K
78%
Management & General
Management & general $108K · Total expenses $491K
22%
Fundraising
Fundraising $0 · Total expenses $491K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $391K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $434K · Total revenue $523K
83%
Government reliance
Government grants — · Total revenue $523K
Earned-income share
Program service revenue $89K · Total revenue $523K
17%
Investment reliance
Investment income $91 · Total revenue $523K
0%
Program self-sufficiency
Program service revenue $89K · Total expenses $491K
18%
Growth & trend
Revenue growth (YoY)
This year $523K · Prior year $533K
-2%
Net-asset trend (YoY)
End of year $177K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $523K · Expenses $491K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $179K
Net-asset ratio
Net assets $177K · Total assets $179K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $179K
0%
People & payroll
Highest Reported Total Compensation
Individual William Staley · Reported title Executive Dir. · Highest reported compensation $110K · Total expenses $491K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $226K · Total expenses $491K
46%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 22%
Fundraising cost ratio 0%
Revenue growth -2%
Investment management fee ratio 0%
Legal fee ratio 1%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$50K

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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
FY2025 (Latest)$523K revenue · viewing · ⤓ 990 PDF
FY2024$533K revenue · ⤓ 990 PDF
FY2023$805K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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