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The Thrive Networks

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 384068622 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is The Thrive Networks?

The Thrive Networks is a nonprofit organization situated in Colorado Springs, Colorado. Their primary mission is to empower and educate residents in the Southeast region of the city, fostering an entrepreneurial mindset and providing them with essential skills for business creation, incubation, and acceleration. They offer weekly classes, individualized business coaching, business consultation services, and an entrepreneurial mentoring program to achieve this goal. With a staff of two dedicated individuals, The Thrive Networks aims to contribute positively to the local community by equipping its residents with the necessary tools for self-sustenance and professional growth.


Official website here: www.thethrivenetworks.org

Is The Thrive Networks legitimate?

The Thrive Networks is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Thrive Networks 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: $68,004
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,382

For more financial information, click here


Official website here: www.thethrivenetworks.org

What is the mission statement of The Thrive Networks?

The Thrive Networks is committed to equipping residents in Southeast Colorado Springs with an entrepreneurial mindset and essential skills. They achieve this mission through various means, including weekly classes on business creation, incubation, and acceleration. They also offer individualized business coaching, business consultation services, and an entrepreneurial mentoring program. The organization's goal is to empower individuals in this community to become self-sufficient and successful entrepreneurs.


Official website here: www.thethrivenetworks.org

What is the revenue of The Thrive Networks?

The Thrive Networks's revenue in 2023 was $233,326.


Official website here: www.thethrivenetworks.org

Who are the executives of The Thrive Networks and what are their salaries?

The average compensation at The Thrive Networks during 2023 was $61,693. There are 2 employees and 30 volunteers at The Thrive Networks.

Here are 12 key members and their salaries:


Heather Mcbroom (Executive Director)
  • Compensation: $68,004
  • Related: $0
  • Other: $0
Denise Larzo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Smith Iii (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Lopez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Gonzalez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Carleo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natasha Hutson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Arcarese (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Zearfoss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Sheldon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thethrivenetworks.org

Where can I find the form 990 for The Thrive Networks?

The Thrive Networks's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thethrivenetworks.org

Learn more at the official website: www.thethrivenetworks.org

Mission Statement of The Thrive Networks

The Thrive Networks, a non-profit organization, is committed to empowering residents in Southeast Colorado Springs. Their mission, in essence, is to cultivate an entrepreneurial spirit and provide the necessary skills within this community. Through their activities, they aim to train individuals, equipping them with the mindset and tools required for business creation, incubation, and acceleration. This is achieved through weekly instruction sessions, one-on-one business coaching, consultation services, and an entrepreneurial mentoring program. The Thrive Networks' mission is to foster a community of self-sufficient, innovative thinkers, ready to tackle business ventures and contribute to their local economy.

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Impact




October, 2024

The Thrive Networks significantly impacts the Southeast Colorado Springs community by fostering an entrepreneurial spirit among residents. Through weekly class instruction focused on business creation, incubation, and acceleration, individuals gain essential knowledge and skills needed to succeed in the business world.

The individualized business coaching and consultation services offer tailored guidance, ensuring that aspiring entrepreneurs receive the support they need to navigate challenges specific to their ventures. The entrepreneurial mentoring program connects newcomers with experienced business professionals, facilitating valuable knowledge transfer and building lasting relationships.

Additionally, the entrepreneurial networking program creates opportunities for connections that promote collaboration and growth among local business owners. Community-based marketing events further enhance local business visibility and engagement, encouraging support for homegrown enterprises. Ongoing business support services ensure that entrepreneurs have access to resources and assistance even after their initial training.

Overall, The Thrive Networks equips residents with the mindset and skills necessary to thrive economically, promoting sustainable development and a robust local economy in Colorado Springs.




This information is meant to be a general summary of The Thrive Networks. 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.

Revenue
$233,326 (2023)
Expenses
$239,884 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $233,326

Assets and Liabilities:

  • Total Assets: $169,065
  • Total Liabilities: $6,739
  • Net Assets: $162,326

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Organization Details

Principal Officer

Heather Mcbroom

NTEE Category

Code: B99 - Education

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