Overview
What is Thrive Chicago Nfp?
Thrive Chicago Nfp is a nonprofit organization established in Chicago, Illinois, with a primary focus on improving youth outcomes from infancy to adulthood. By working with various networks and communities, they aim to identify and implement effective practices that can minimize disparities across different demographic groups and locations. Their mission is to prepare Chicago's youth for a prosperous future by coordinating efforts and outcomes from the cradle to career. Thrive Chicago Nfp empowers those working closely with youth by providing them with essential data, skills, partners, and resources, ultimately contributing to citywide improvements in youth outcomes. With a team of 20 dedicated professionals, they strive to ensure a vibrant future for Chicago's youth.
Official website here: www.thrivechi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Stars)
Thrive Chicago Nfp has received a Three-Star rating from Charity Navigator, reflecting a solid score of 78% in the Accountability & Finance category. The charity demonstrates strong governance with a fully independent board and no material diversion of assets. Their transparency is further highlighted by their compliance with policies related to conflict of interest, whistleblower protections, and document retention.
While Thrive Chicago excels in several areas, including a high program expense ratio of 90.07%, there are noticeable limitations in their fundraising efficiency and working capital ratios. The fundraising efficiency score suggests that the organization may not be maximizing its fundraising efforts effectively, which could impact its ability to sustain long-term projects. Additionally, the working capital ratio indicates a potential liquidity challenge, as it implies limited financial cushion for operational needs.
Overall, Thrive Chicago Nfp shows commendable accountability practices and effective program spending, but it would benefit from addressing its fundraising strategies and financial stability to enhance its overall impact and resilience.
This AI summary has been generated from information found on Charity Navigator.
Is Thrive Chicago Nfp legitimate?
Thrive Chicago Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thrive Chicago Nfp 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: $496,733
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,018,318
For more financial information, click here
Official website here: www.thrivechi.org
What is the mission statement of Thrive Chicago Nfp?
Thrive Chicago NFP's mission is centered around preparing Chicago's youth for a promising future. This is achieved by aligning efforts and outcomes from early childhood to adulthood. The organization strives to identify and promote practices that enhance youth outcomes, aiming to reduce disparities across various demographic groups and locations. Through collaborative networks, Thrive Chicago works to understand and implement effective practices that can lead to citywide improvements in youth outcomes. The organization also aims to equip those who work closely with youth with the necessary data, skills, partners, and resources to ensure their success.
Official website here: www.thrivechi.org
Who is the CEO of Thrive Chicago Nfp?
David Hiller is the Board Chair of Thrive Chicago Nfp.
Official website here: www.thrivechi.org
What is the revenue of Thrive Chicago Nfp?
Thrive Chicago Nfp's revenue in 2022 was $2,146,619.
Official website here: www.thrivechi.org
Who are the executives of Thrive Chicago Nfp and what are their salaries?
The average compensation at Thrive Chicago Nfp during 2022 was $75,753. There are 20 employees at Thrive Chicago Nfp.
Here are 15 key members and their salaries:
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- Compensation: $170,254
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- Compensation: $135,571
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- Compensation: $139,433
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- Other: $11,951
- Compensation: $115,672
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- Other: $14,328
- Compensation: $102,055
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- Other: $12,176
Official website here: www.thrivechi.org
Where can I find the form 990 for Thrive Chicago Nfp?
Thrive Chicago Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thrivechi.org
Learn more at the official website: www.thrivechi.org
Mission Statement of Thrive Chicago Nfp
Thrive Chicago NFP is committed to preparing Chicago's youth for a vibrant future. They aim to achieve this by aligning efforts and outcomes from the cradle to career, with the goal of reducing local disparities across various demographic groups and locations. The organization works collaboratively with change networks to identify and implement practices that can lead to citywide improvements in youth outcomes. By providing data, skills, partners, and resources to those who work closely with youth, Thrive Chicago NFP strives to ensure their success in their mission. In essence, Thrive Chicago NFP is dedicated to equipping Chicago's youth with the necessary tools to succeed from their earliest years through their careers, thereby bridging disparities and creating a more equitable future.
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Impact
July, 2024
Thrive Chicago Nfp's impact is focused on preparing Chicago's youth for a vibrant future by aligning efforts and outcomes from cradle to career. Their work aims to identify and build awareness of practices that improve youth outcomes and reduce local disparities across demographic groups and locations. By collaborating with change networks and implementing effective practices, Thrive Chicago Nfp strives to drive citywide improvements in youth outcomes. Through providing data, skills, partners, and resources to those working closely with youth, they contribute to the success of programs and initiatives aimed at supporting Chicago's young population.
This information is meant to be a general summary of Thrive Chicago Nfp. 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.
- Gross Receipts: $2,146,619
Assets and Liabilities:
- Total Assets: $943,781
- Total Liabilities: $312,397
- Net Assets: $631,384
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Organization Details
Founding Year
2014
Phone
(773) 295-4909Principal Officer
David Hiller
Main Address
211 WEST WACKER DRIVE, CHICAGO, IL, 60606
Website
www.thrivechi.orgNTEE Category
Code: P20 - Human services
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