Thrive Philanthropy Incorporated EIN 88-3376572 Form 990 (PDF) Claim this org

Thrive Philanthropy Incorporated

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Funds and supports groups building fair, plant-based food systems and alternatives to industrial animal agriculture. For fiscal year 2024 it reported $748K in revenue, $798K in expenses, and $45K in net assets.Pt I

Type
Public charity (501(c)(3)) · Public & Societal Benefit
Location
Albany, NY
Website
www.thrivephilanthropy.org
Filings
2 on file (2023–2024)
Revenue
$748KFY2024
Expenses
$798K
Net assets
$45K
People
17
Filings
2
Updates
0
More identity details & actions ⌄
EIN  88-3376572 Public charity (501(c)(3)) Albany, NY
Form 990 (PDF)
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Size
$100K–1M
What they do
Funds and supports groups building fair, plant-based food systems and alternatives to industrial animal agriculture.
Leadership
Jessika Ava · CEO · $108K
Money in and out
$748K revenue, $798K expenses
Bottom line
88% program efficiency
Where the money goes · FY2024
Total revenue
$748K
Pt VIII · Ln 12
Total expenses
$798K
Pt IX · Ln 25
Net assets
$45K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$50K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.10 Fundraising $0.02
Program efficiency
88%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
0.7mo
months of highly liquid reserves at operating expense rate▼ -36% vs prior filing year
Surplus margin
-7%
revenue over expenses, this year▼ -177% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$748K
FY2024▼ -32%
Expenses
$798K
FY2024▼ -21%
Total assets
$45K
FY2024▼ -53%
Total liabilities
$-36
FY2024
Total revenue
$748K
Pt VIII · Ln 12
Total expenses
$798K
Pt IX · Ln 25
Net assets
$45K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$50K
Total assetsPt X · Ln 16$45K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

3 program services account for $703K of program spending, described in the organization's own filed words · FY2024.
01

Africa Capacity Building

Providing training programs to Africa-based advocates and conducting food systems change campaigns across the African continent.

$281Kprogram expense
02

Global Grantmaking

Providing grants for food systems change and animal advocacy worldwide.

$281Kprogram expense
03

Global Capacity Building

Supporting grantees and advocates in organization management, fundraising, campaign training, and other leadership development.

$141Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThrive Philanthropy Incorporated
EINHdr · item D88-3376572
Principal addressHdr · item CAlbany, NY
WebsiteHdr · item Jwww.thrivephilanthropy.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W01)
Ruling yearIRS BMFAug 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$108,333Pt VII · Sec A
$47,136Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Jessika Ava’s $108K as CEO is at the 79th percentile of top reported officer pay among 1033 $100K–1M public & societal benefit 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 · 3 named individuals · Part VII

NameFY2024FY2023
Jessika Ava$108,333
Jessica Ava$94,567
Meghana Rajanahally$47,136$38,643

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$718K · 96%
Other revenue$31K · 4%
Contributions & grants96%$718K
Other revenue4%$31K
Total revenueLn 12$748K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.10 Fundraising $0.02
Program services88%$703K
Management & general10%$78K
Fundraising2%$18K
Total functional expensesLn 25$798K

Balance Sheet

Part X · end of year
CashLn 1$45K
Total assetsLn 16$45K
Total liabilitiesLn 26$-36
Total net assetsLn 32$45K
Months of cash on handcomputed0.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $45K · Operating expenses/yr $798K
0.7 months
Where the money goes
Program services
Program services $703K · Total expenses $798K
88%
Management & General
Management & general $78K · Total expenses $798K
10%
Fundraising
Fundraising $18K · Total expenses $798K
2%
Cost to raise $1
Fundraising expense (2-yr avg) $34K · Solicited contributions (2-yr avg) $872K
$0.04 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $718K · Total revenue $748K
96%
Government reliance
Government grants — · Total revenue $748K
Earned-income share
Program service revenue $0 · Total revenue $748K
0%
Investment reliance
Investment income $0 · Total revenue $748K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $798K
0%
Growth & trend
Revenue growth (YoY)
This year $748K · Prior year $1.1M
-32%
Net-asset trend (YoY)
End of year $45K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $748K · Expenses $798K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $45K
Net-asset ratio
Net assets $45K · Total assets $45K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $45K
0%
People & payroll
Highest Reported Total Compensation
Individual Jessika Ava · Reported title CEO · Highest reported compensation $108K · Total expenses $798K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $155K · Total expenses $798K
19%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 10%
Fundraising cost ratio 2%
Revenue growth -32%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.1%
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 4 funders$238K
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
FY2024 (Latest)$748K revenue · viewing · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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