Thrive Global Consulting Nfp FY2021 filing

Tax-deductible

Wheaton, IL501(c)(3)Since 2015InternationalEIN 81-0785838Revenue $103K in FY2021

On file with the IRSthriveglobalconsulting.org209 E Liberty Dr, 60187-5472 · Wheaton, ILTax-exempt since Aug 2016Publicly supported charity — 170(b)(1)(A)(vi)

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Provide free or low-cost Consulting services to grow and manage non-profit organizations in developing countries.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2021 · 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
5 of 6
filings with a surplus
Average surplus $18K a year · 13% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$103K
-15% vs prior year
Spent
$96K
To programs
87%
Net assets
$22K
By yearFY2020–FY2025
Revenue
$103K
FY2021▼ -15%
Tap a bar for its year
Revenue by fiscal year
FY2020$120K
FY2021$103K
FY2022$151K
FY2023$80K
FY2024$190K
FY2025$164K
Expenses
$96K
FY2021▼ -13%
Tap a bar for its year
Expenses by fiscal year
FY2020$110K
FY2021$96K
FY2022$87K
FY2023$95K
FY2024$160K
FY2025$154K
Net assets
$22K
FY2021▲ +38%
Tap a bar for its year
Net assets by fiscal year
FY2020$16K
FY2021$22K
FY2022$86K
FY2023$71K
FY2024$102K
FY2025$112K

From the FY2021 Form 990 (year ending September 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2016.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $84K Management & general 13% · $13K

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

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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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

Helps grow and manage nonprofits in developing countries with free or low-cost consulting.

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Provided by the organization

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1 program · $84K · in their own filed words · FY2020
01

Thrive Global Consulting (Thrive) provided 3 community-based, non-western, not-for-profit organizations free consulting and coaching services to help them succeed in achieving their objectives.

$84Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$103K
Ln 12
Gifts and grantsLn 1h$103K
Money outPt IX
$96K
Ln 25
Programscol B$84K
Managementcol C$13K
Owns and owesPt X
$22K
net assets · Ln 32
Cash and savingsLn 1–2$26K
Total assetsLn 16$26K
LiabilitiesLn 26$4K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$103K
Gains on assetsLn 7$0
Total revenueLn 12$103K
Assets in detailPt X, end of year
CashLn 1$26K
SavingsLn 2$0
Cash and savings togetherLn 1–2$26K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$26K
LiabilitiesLn 26$4K
Net assetsLn 32$22K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$11K$26K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$17K$26K
LiabilitiesLn 26$461$4K
Net assetsLn 32$16K$22K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$59K$59K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$7K$7K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$28K$24K$4K
Advertising and promotionLn 12$0
Office expensesLn 13$127$124$3
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$2K$2K
All other expensesLn 24e$159$159
Total functional expensesLn 25$96K$84K$13K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $164K$154K$10K$112K 990 PDF
FY2024 $190K$160K$31K$102K 990 PDF
FY2023 $80K$95K−$15K$71K 990 PDF
FY2022 $151K$87K$64K$86K 990 PDF
FY2021 Viewing $103K$96K$6K$22K 990 PDF
FY2020 $120K$110K$10K$16K 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 FY2021 990 (6 parts)
Part I · Summary $102,529 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $120,482$102,529
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $120,482$102,529
I-13 Grants and similar amounts paidPrior year $60,130$59,472
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $50,247$36,954
I-18 Total expensesPrior year $110,377$96,426
I-19 Revenue less expensesPrior year $10,105$6,103
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $102,529 across 8 lines filed
VIII-1f All other contributions, gifts and grants$102,529
VIII-1h Total contributions, gifts and grants$102,529
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$102,529
Part IX · Statement of functional expenses $96,426 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipientsPrograms $59,472$59,472
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $6,798$6,798
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $23,929 · Management $3,666$27,595
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $124 · Management $3$127
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Management $2,275$2,275
IX-24e All other expensesPrograms $159$159
IX-25 Total functional expensesPrograms $83,684 · Management $12,742 · Fundraising $0$96,426
Part X · Balance sheet $26,031 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $11,091$25,831
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivableStart of year $5,529$0
X-4 Accounts receivable$200
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $16,620$26,031
X-17 Accounts payable and accrued expensesStart of year $461$3,769
X-26 Total liabilitiesStart of year $461$3,769
X-27 Net assets without donor restrictionsStart of year $448−$1,012
X-28 Net assets with donor restrictionsStart of year $15,711$23,274
X-32 Total net assets or fund balancesStart of year $16,159$22,262
X-33 Total liabilities and net assetsStart of year $16,620$26,031
Part XI · Reconciliation of net assets $22,262 net assets at year end
XI-1 Total revenue$102,529
XI-2 Total expenses$96,426
XI-3 Revenue less expenses$6,103
XI-4 Net assets at start of year$16,159
XI-10 Net assets at end of year$22,262

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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