South Side Thrive Collaborative EIN 87-4079411

South Side Thrive Collaborative

EIN  87-4079411 Public charity (501(c)(3)) Columbus, OH Founded 2020
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Size
$100K–1M
What they do
Connects people to build a strong, vibrant, and thriving South Side community.
Leadership
Sarah Lenkay · Executive Dir. · $72K
Money in and out
$464K revenue, $326K expenses
Bottom line
85% program efficiency

Connects people to build a strong, vibrant, and thriving South Side community. For fiscal year 2025 it reported $464K in revenue, $326K in expenses, and $322K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$464K
Pt VIII · Ln 12
Total expenses
$326K
Pt IX · Ln 25
Net assets
$322K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $138K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.10 Fundraising $0.04
Program efficiency
85%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
13.0mo
months of highly liquid reserves at operating expense rate▲ +16% vs prior filing year
Surplus margin
+30%
revenue over expenses, this year▲ +121% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$464K
FY2025▲ +95%
Expenses
$326K
FY2025▲ +59%
Total assets
$355K
FY2025▲ +66%
Total liabilities
$33K
FY2025▲ +11%
Total revenue
$464K
Pt VIII · Ln 12
Total expenses
$326K
Pt IX · Ln 25
Net assets
$322K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$138K
Total assetsPt X · Ln 16$355K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

2 program services account for $278K of program spending, described in the organization's own filed words · FY2025.
01

South Side Thrive Collaborative partners with social service providers, health care providers, local government, businesses and civic groups, to ensure Columbus' South Side is a community where every resident has the opportunity to thrive.

$189Kprogram expense
02

The Parsons Avenue Outreach Initiative advances neighborhood safety, cleanliness, and access to essential services along the Parsons Avenue corridor. Outreach Specialists cultivate collaborative relationships with local businesses, residents, social service providers, and individuals experiencing poverty and homelessness to promote…

$90Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSouth Side Thrive Collaborative
EINHdr · item D87-4079411
Principal addressHdr · item CColumbus, OH
WebsiteHdr · item Jwww.southsidethrive.org
Year of formationHdr · item L2020
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20)
Ruling yearIRS BMFMar 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$72,458Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Member-12/31/25
$0Pt VII · Sec A
Member 2/12/25-
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Sarah Lenkay’s $72K as Executive Dir. is at the 49th percentile of top reported officer pay among 1711 $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.

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Statement of Revenue

Part VIII
Contributions & grants$460K · 99%
Investment income$5K · 1%
Contributions & grants99%$460K
Investment income1%$5K
— government grantsLn 1e$166K
Total revenueLn 12$464K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.10 Fundraising $0.04
Program services85%$278K
Management & general10%$33K
Fundraising4%$15K
Total functional expensesLn 25$326K

Balance Sheet

Part X · end of year
CashLn 1$355K
Total assetsLn 16$355K
Total liabilitiesLn 26$33K
Total net assetsLn 32$322K
Months of cash on handcomputed13.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $355K · Operating expenses/yr $326K
13.0 months
Where the money goes
Program services
Program services $278K · Total expenses $326K
85%
Management & General
Management & general $33K · Total expenses $326K
10%
Fundraising
Fundraising $15K · Total expenses $326K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $12K · Solicited contributions (3-yr avg) $244K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $460K · Total revenue $464K
99%
Government reliance
Government grants $166K · Total revenue $464K
36%
Earned-income share
Program service revenue $0 · Total revenue $464K
0%
Investment reliance
Investment income $5K · Total revenue $464K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $326K
0%
Growth & trend
Revenue growth (YoY)
This year $464K · Prior year $238K
+95%
Net-asset trend (YoY)
End of year $322K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $464K · Expenses $326K
+30%
Liabilities-to-Assets
Total liabilities — · Total assets $355K
Net-asset ratio
Net assets $322K · Total assets $355K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $355K
0%
People & payroll
Highest Reported Total Compensation
Individual Sarah Lenkay · Reported title Executive Dir. · Highest reported compensation $72K · Total expenses $326K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $326K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 10%
Fundraising cost ratio 3%
Revenue growth 95%

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 2 funders$174K

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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)$464K revenue · viewing · ⤓ 990 PDF
FY2024$238K revenue · ⤓ 990 PDF
FY2023$202K revenue · ⤓ 990 PDF
FY2022$135K 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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