Thrive Housing Network EIN 93-6097252 Form 990 (PDF) Claim this org

Thrive Housing Network FY2022 filing

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Provides shelter, food, and support to homeless and displaced young people. For fiscal year 2022 it reported $755K in revenue, $662K in expenses, and $402K in net assets.Pt I

Type
Public charity (501(c)(3)) · Unclassified
Location
Eugene, OR
Website
www.thrivehousingnetwork.org
Filings
5 on file (2020–2022)
Revenue
$755KFY2022
Expenses
$662K
Net assets
$402K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  93-6097252 Public charity (501(c)(3)) Eugene, OR
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Provides shelter, food, and support to homeless and displaced young people.
Leadership
Jesse Aguero · Executive Di
Money in and out
$755K revenue, $662K expenses
Bottom line
87% program efficiency
Where the money goes · FY2022
Total revenue
$755K
Pt VIII · Ln 12
Total expenses
$662K
Pt IX · Ln 25
Net assets
$402K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $93K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.10 Fundraising $0.03
Program efficiency
87%
of spending reaches programs
Operating runway
7.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$755K
FY2022▲ +1%
Expenses
$662K
FY2022▲ +37%
Total assets
$411K
FY2022▲ +8%
Total liabilities
$10K
FY2022▼ -87%
Total revenue
$755K
Pt VIII · Ln 12
Total expenses
$662K
Pt IX · Ln 25
Net assets
$402K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$93K
Total assetsPt X · Ln 16$411K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThrive Housing Network
EINHdr · item D93-6097252
Principal addressHdr · item CEugene, OR
WebsiteHdr · item Jwww.thrivehousingnetwork.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFUnclassified (Z99Z)
Ruling yearIRS BMFFeb 1978

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
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
Executive Di
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2021
Jesse Aguero$74,289$24,061

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 $216K of program spending, described in the organization's own filed words · FY2022.
01

Independnt Living Program

Provides supported, transitional housing for homeless or at-risk youth, helping them to create and sustain healthy lives away from the streets.

$205Kprogram expense
02

Resource Center

Provides a safe place where youth can access programs resources, rest, relax, and use much needed facilities. Dinner, showers, laundry facilities and housing referral provided 3 days per week.

$11Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$755K
— government grantsLn 1e$282K
Total revenueLn 12$755K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.10 Fundraising $0.03
Program services87%$574K
Management & general10%$67K
Fundraising3%$21K
Total functional expensesLn 25$662K

Balance Sheet

Part X · end of year
CashLn 1$401K
Total assetsLn 16$411K
Total liabilitiesLn 26$10K
Total net assetsLn 32$402K
Months of cash on handcomputed7.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $401K · Operating expenses/yr $662K
7.3 months
Where the money goes
Program services
Program services $574K · Total expenses $662K
87%
Management & General
Management & general $67K · Total expenses $662K
10%
Fundraising
Fundraising $21K · Total expenses $662K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $297K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $755K · Total revenue $755K
100%
Government reliance
Government grants $282K · Total revenue $755K
37%
Earned-income share
Program service revenue $0 · Total revenue $755K
0%
Investment reliance
Investment income $0 · Total revenue $755K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $662K
0%
Growth & trend
Revenue growth (YoY)
This year $755K · Prior year $747K
+1%
Net-asset trend (YoY)
End of year $402K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $755K · Expenses $662K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $411K
Net-asset ratio
Net assets $402K · Total assets $411K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $411K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jesse Aguero · Reported title EXECUTIVE DI · Highest reported compensation $0 · Total expenses $662K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $306K · Total expenses $662K
46%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 10%
Fundraising cost ratio 3%
Revenue growth 1%
Legal fee ratio 2%

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 5 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)$992K revenue · ⤓ 990 PDF
FY2023$828K revenue · ⤓ 990 PDF
FY2022$755K revenue · viewing · ⤓ 990 PDF
FY2021$747K revenue · ⤓ 990 PDF
FY2020$78K 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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