Thrive Today EIN 82-3229012 Form 990 (PDF) Claim this org

Thrive Today FY2022 filing

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Equips people with spiritual and relational skills through resources, retreats, and training. For fiscal year 2022 it reported $377K in revenue, $350K in expenses, and $180K in net assets.Pt I

Founded
2017
Type
Public charity (501(c)(3)) · Education
Location
Holland, MI
Website
thrivetoday.org
Filings
6 on file (2020–2022)
Revenue
$377KFY2022
Expenses
$350K
Net assets
$180K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  82-3229012 Public charity (501(c)(3)) Holland, MI Founded 2017
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Equips people with spiritual and relational skills through resources, retreats, and training.
Leadership
Jen Coursey · Chair · $34K
Money in and out
$377K revenue, $350K expenses
Bottom line
71% program efficiency
Where the money goes · FY2022
Total revenue
$377K
Pt VIII · Ln 12
Total expenses
$350K
Pt IX · Ln 25
Net assets
$180K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $28K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.29
Program efficiency
71%
of spending reaches programs
Operating runway
6.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$377K
FY2022▼ -8%
Expenses
$350K
FY2022▲ +6%
Total assets
$213K
FY2022▲ +11%
Total liabilities
$32K
FY2022▼ -17%
Total revenue
$377K
Pt VIII · Ln 12
Total expenses
$350K
Pt IX · Ln 25
Net assets
$180K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$28K
Total assetsPt X · Ln 16$213K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThrive Today
EINHdr · item D82-3229012
Principal addressHdr · item CHolland, MI
WebsiteHdr · item Jthrivetoday.org
Year of formationHdr · item L2017
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFMay 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$34,250Pt VII · Sec A
Vice Chair
$29,445Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Jennifer Coursey’s $38K as Chair is at the 29th percentile of top reported officer pay among 1616 $100K–1M education 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Christopher Coursey$25,220$46,000
Chris Coursey$29,445$38,891$32,949
Jennifer Coursey$37,933$38,418$32,500
Jen Coursey$34,250$29,600$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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Mission & Programs · Part III

Where the work happens

2 program services account for $249K of program spending, described in the organization's own filed words · FY2022.
01

Conferences, speaking, consulting, and coaching for equipping people with spiritual and relational brain skills they need to make relationships work.

$209Kprogram expense
02

Resources for equipping people with spiritual and relational brain skills they need to make relationships work

$40Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$234K · 62%
Contributions & grants$133K · 35%
Other revenue$10K · 3%
Program service revenue62%$234K
Contributions & grants35%$133K
Other revenue3%$10K
Investment income$39
Total revenueLn 12$377K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.29
Program services71%$249K
Management & general29%$100K
Total functional expensesLn 25$350K

Balance Sheet

Part X · end of year
CashLn 1$200K
Total assetsLn 16$213K
Total liabilitiesLn 26$32K
Total net assetsLn 32$180K
Months of cash on handcomputed6.9

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $202K · Operating expenses (Pt IX) $350K · Less non-cash grants $1K · Cash operating expenses/yr $348K
6.9 months
Where the money goes
Program services
Program services $249K · Total expenses $350K
71%
Management & General
Management & general $100K · Total expenses $350K
29%
Fundraising
Fundraising $0 · Total expenses $350K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $140K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $133K · Total revenue $377K
35%
Government reliance
Government grants — · Total revenue $377K
Earned-income share
Program service revenue $234K · Total revenue $377K
62%
Investment reliance
Investment income $39 · Total revenue $377K
+0.01%
Program self-sufficiency
Program service revenue $234K · Total expenses $350K
67%
Growth & trend
Revenue growth (YoY)
This year $377K · Prior year $410K
-8%
Net-asset trend (YoY)
End of year $180K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $377K · Expenses $350K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $213K
Net-asset ratio
Net assets $180K · Total assets $213K
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $213K
0.5%
People & payroll
Highest Reported Total Compensation
Individual Jen Coursey · Reported title Chair · Highest reported compensation $34K · Total expenses $350K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $131K · Total expenses $350K
38%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 29%
Fundraising cost ratio 0%
Revenue growth -8%
Legal fee ratio <0.01%
Accounting fee ratio 0.1%

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
See all 4 funders →

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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)$375K revenue · ⤓ 990 PDF
FY2024$371K revenue · ⤓ 990 PDF
FY2023$394K revenue · ⤓ 990 PDF
FY2022$377K revenue · viewing · ⤓ 990 PDF
FY2021$410K revenue · ⤓ 990 PDF
FY2020$265K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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