Overview
What is Thrive Peninsula Formerly Duco?
Thrive Peninsula, formerly known as Duco, is a nonprofit organization situated in Newport News, Virginia. With a team of seven dedicated individuals, their primary mission is to offer emergency financial and food assistance to individuals in need. Their programs have aided 1017 individuals, providing crucial support in managing delinquent rents, utilities, transportation, and childcare expenses through financial coaching. Additionally, they provide essential resources to help alleviate immediate financial hardships.
Official website here: www.thrivepeninsula.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
Thrive Peninsula, formerly known as Duco, has achieved a commendable 94% rating from Charity Navigator, reflecting its strong accountability, financial management, and measurable impact in the community. The organization boasts a perfect score for leadership and adaptability, indicating a well-structured and responsive governance that prioritizes effective service delivery. With 100% of its board members being independent, Thrive demonstrates a commitment to ethical oversight and transparency.
User feedback highlights the extensive support Thrive provides to individuals and families in need, including financial coaching, a grocery store experience, and emergency assistance. Many clients express gratitude for the personalized attention and care they receive from staff and volunteers, indicating a strong community presence and dedication to uplifting those facing hardships. The organization has been praised for its friendly atmosphere and the genuine compassion shown by its team.
Despite its successes, while the feedback is overwhelmingly positive, some reviews imply potential areas for improvement in program planning and design, as reflected in its score of 15 out of 28 points for this aspect. Nevertheless, Thrive Peninsula remains a vital resource for the community, consistently striving to meet the evolving needs of those it serves.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Thrive Peninsula Formerly Duco legitimate?
Thrive Peninsula Formerly Duco is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thrive Peninsula Formerly Duco 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: $28,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,330
For more financial information, click here
Official website here: www.thrivepeninsula.org
What is the mission statement of Thrive Peninsula Formerly Duco?
Thrive Peninsula Formerly Duco, as an organization, is committed to providing emergency financial and food assistance to individuals in need. Their mission is embodied in their activities, which include offering financial coaching and aiding individuals with delinquent rent, utility bills, transportation expenses, or childcare costs. The primary goal is to alleviate financial distress and provide essential aid during challenging times.
Official website here: www.thrivepeninsula.org
Who is the CEO of Thrive Peninsula Formerly Duco?
Angela York is the Executive Di of Thrive Peninsula Formerly Duco.
Official website here: www.thrivepeninsula.org
What is the revenue of Thrive Peninsula Formerly Duco?
Thrive Peninsula Formerly Duco's revenue in 2022 was $759,842.
Official website here: www.thrivepeninsula.org
Who are the executives of Thrive Peninsula Formerly Duco and what are their salaries?
The average compensation at Thrive Peninsula Formerly Duco during 2022 was $14,733. There are 7 employees and 241 volunteers at Thrive Peninsula Formerly Duco.
Here are 14 key members and their salaries:
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Official website here: www.thrivepeninsula.org
Where can I find the form 990 for Thrive Peninsula Formerly Duco?
Thrive Peninsula Formerly Duco's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thrivepeninsula.org
Learn more at the official website: www.thrivepeninsula.org
Mission Statement of Thrive Peninsula Formerly Duco
Thrive Peninsula Formerly Duco, as its name suggests, is a nonprofit organization with a mission to provide emergency financial and food assistance to those in need. Their primary activity or mission description is to offer assistance in the form of financial coaching, delinquent rent payments, utility bills, transportation costs, and childcare expenses to a total of 1017 individuals. By offering these essential services, Thrive Peninsula Formerly Duco aims to alleviate some of the financial burdens faced by vulnerable individuals, providing them with the necessary support to maintain stability and improve their overall well-being.
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Impact
July, 2024
Thrive Peninsula Formerly Duco has made a significant impact by providing emergency financial and food assistance to those in need. In Newport News, VA, their financial assistance program has assisted over 1,000 individuals with financial coaching and support for delinquent rents, utilities, transportation, and childcare expenses. Their work directly impacts the lives of those facing financial hardships, ensuring they have access to vital resources and support during challenging times.
This information is meant to be a general summary of Thrive Peninsula Formerly Duco. 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.
- Investment Income: -$4,281
- Gross Receipts: $764,453
Assets and Liabilities:
- Total Assets: $649,658
- Total Liabilities: $5,741
- Net Assets: $643,917
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Organization Details
Founding Year
1973
Phone
(757) 877-6211Principal Officer
Angela York
Main Address
13195 WARWICK BLVD UNIT 2C, NEWPORT NEWS, VA, 236028320
Website
www.thrivepeninsula.orgNTEE Category
Code: P60Z - Human services
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