Overview
What is Thrive Baton Rouge?
Thrive Baton Rouge is a nonprofit organization situated in Baton Rouge, Louisiana, specifically at 2585 Brightside Drive. Their primary mission is to support a public, tuition-free, boarding school in the same city. This school is designed to cater to at-risk students from Louisiana, ranging from grades 6 to 12. The organization's primary role is to raise funds and provide necessary facilities for this educational institution. This initiative aims to provide a safe and nurturing environment for these students, helping them overcome their challenges and thrive academically.
Official website here: www.thrivebr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62% (Two-Star out of Four Star rating)
Thrive Baton Rouge has received a 62% rating, indicating some concerns regarding its accountability and finance practices. The organization scored well in areas such as its financial statement audit and the absence of asset diversion, but it lacks independent board members, which can raise concerns about governance and oversight. While the program expense ratio is commendable at 78.34%, reflecting a significant portion of expenses directed towards programs, the high liabilities to assets ratio of 95.05% suggests potential financial instability.
The organization has made strides in transparency by listing its conflict of interest and whistleblower policies, as well as documenting board meeting minutes. However, it fails to meet key standards, such as having an independent board and providing access to its tax forms on its website. These shortcomings could impact stakeholder confidence and reflect on its overall governance framework.
In summary, while Thrive Baton Rouge demonstrates commitment to its programmatic efforts, the lack of independent oversight and financial vulnerabilities highlighted in the ratings suggest that potential donors and supporters should approach with caution. Addressing the noted limitations could enhance its rating and overall effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Thrive Baton Rouge legitimate?
Thrive Baton Rouge is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thrive Baton Rouge submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thrivebr.org
What is the mission statement of Thrive Baton Rouge?
Thrive Baton Rouge's mission is centered around providing assistance in fundraising and facility support. Its primary goal is to aid an organization named Thrive, specifically by helping operate a public, tuition-free boarding school for at-risk students from Louisiana, spanning grades 6 through 12. By doing so, Thrive Baton Rouge contributes to the education and well-being of these students, providing them with essential opportunities for growth and development.
Official website here: www.thrivebr.org
Who is the CEO of Thrive Baton Rouge?
Steven Leblanc is the Secretary of Thrive Baton Rouge.
Official website here: www.thrivebr.org
What is the revenue of Thrive Baton Rouge?
Thrive Baton Rouge's revenue in 2022 was $865,589.
Official website here: www.thrivebr.org
Who are the executives of Thrive Baton Rouge and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thrivebr.org
Where can I find the form 990 for Thrive Baton Rouge?
Thrive Baton Rouge's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thrivebr.org
Learn more at the official website: www.thrivebr.org
Mission Statement of Thrive Baton Rouge
Thrive Baton Rouge is an organization dedicated to providing essential support for a public, tuition-free boarding school in Baton Rouge, Louisiana. Its mission is centered around raising funds and securing facilities for this institution, which caters to at-risk students from grades six through twelve hailing from the state of Louisiana. By offering financial and facility assistance, Thrive Baton Rouge aims to ensure the school's operation and continuity, thereby providing these students with an opportunity for education and growth in a safe and nurturing environment.
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Impact
October, 2024
Thrive Baton Rouge plays a crucial role in enhancing educational opportunities for at-risk students in grades 6 through 12 in Baton Rouge, Louisiana. By supporting a public, tuition-free boarding school, Thrive Baton Rouge helps create a safe and nurturing environment where these students can focus on their academic growth and personal development. The organization’s fundraising efforts and facilities support directly contribute to the resources available to students, ensuring they have access to quality education and essential services. This initiative not only fosters individual potential but also empowers the community by helping young people overcome challenges and achieve success.
This information is meant to be a general summary of Thrive Baton Rouge. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $855,000
- Gross Receipts: $865,589
Assets and Liabilities:
- Total Assets: $10,789,261
- Total Liabilities: $10,141,983
- Net Assets: $647,278
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$855,000
Organization Details
Founding Year
2011
Phone
(225) 726-3355Principal Officer
Steven Leblanc
Main Address
2585 Brightside Drive, Baton Rouge, LA, 70820
Website
www.thrivebr.orgNTEE Category
Code: B29 - Education
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