Overview
What is Thrive Family Resource Center?
Thrive Family Resource Center is a nonprofit organization situated in Rochester, Minnesota. Committed to breaking the cycle of poverty, they offer top-notch child care services and provide essential family support. Their programs, primarily focusing on infants, toddlers, and preschoolers, promote quality interactions, hands-on learning, social and emotional development, and family collaborations. By prioritizing these aspects, Thrive Family Resource Center aims to contribute positively to the community, supporting families one by one. With a team of 25 dedicated individuals, they strive to create an environment that fosters growth and development for the young ones and empowers their families.
Official website here: www.thrivefrc.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Thrive Family Resource Center has earned an 84% rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization demonstrates strong governance with a fully independent board and a high program expense ratio of 86.10%, reflecting its commitment to direct services rather than administrative costs. However, there are some areas of concern, including missing policies on conflict of interest, whistleblower protection, and document retention.
User feedback from Great Nonprofits highlights the organization's thoughtful approach to decision-making and its dedication to early childhood education. Donors express appreciation for the quality of the educational environment created for children, noting the skilled staff, including social workers and nurses. This commitment to providing valuable resources for families has contributed to positive perceptions of the organization.
Despite the high praise, there is room for improvement in governance practices, as identified in the Charity Navigator assessment. Addressing these gaps can enhance transparency and build further trust with donors and the community. Overall, Thrive Family Resource Center appears to be a promising investment in the future of families in Rochester, MN.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Thrive Family Resource Center legitimate?
Thrive Family Resource Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thrive Family Resource Center 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:
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Other Salaries and Wages: $676,867
For more financial information, click here
Official website here: www.thrivefrc.org/
What is the mission statement of Thrive Family Resource Center?
The Thrive Family Resource Center's mission is centered around breaking the cycle of poverty. They achieve this by providing top-notch child care and offering family support. The organization's goal is to build a community, strengthening families one at a time. Through their child care programs, they prioritize quality interactions, hands-on learning, and focus on social and emotional development, fostering strong family partnerships.
Official website here: www.thrivefrc.org/
Who is the CEO of Thrive Family Resource Center?
Jennifer Hazelton is the President of Thrive Family Resource Center.
Official website here: www.thrivefrc.org/
What is the revenue of Thrive Family Resource Center?
Thrive Family Resource Center's revenue in 2023 was $866,752.
Official website here: www.thrivefrc.org/
Who are the executives of Thrive Family Resource Center and what are their salaries?
The average compensation at Thrive Family Resource Center during 2023 was $27,075. There are 25 employees and 25 volunteers at Thrive Family Resource Center.
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Official website here: www.thrivefrc.org/
Where can I find the form 990 for Thrive Family Resource Center?
Thrive Family Resource Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thrivefrc.org/
Learn more at the official website: www.thrivefrc.org/
Mission Statement of Thrive Family Resource Center
Thrive Family Resource Center is committed to breaking the cycle of poverty by providing high-quality child care and offering family support. Their mission is to build a community, one family at a time, by fostering nurturing interactions, encouraging hands-on learning, and promoting social and emotional development. The organization focuses on infants, toddlers, and preschoolers, understanding the importance of their formative years. Through their programs, Thrive Family Resource Center aims to create a supportive environment where families can grow and thrive together.
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Impact
July, 2024
Thrive Family Resource Center's impact can be seen in their efforts to break the cycle of poverty by providing high-quality child care and family support services in Rochester, Minnesota. Through their programs focused on infants, toddlers, and preschoolers, Thrive Family Resource Center emphasizes quality interactions, hands-on learning, and social and emotional development. By building community one family at a time, they are making a tangible difference in the lives of families in need.
This information is meant to be a general summary of Thrive Family Resource Center. 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 2023.
- Program Service Revenue: $690,448
- Gross Receipts: $866,752
Assets and Liabilities:
- Total Assets: $273,708
- Total Liabilities: $60,242
- Net Assets: $213,466
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION REVENUE
Revenue
$690,448
Organization Details
Founding Year
2017
Phone
(507) 258-9055Principal Officer
Jennifer Hazelton
Main Address
400 5TH AVE SW, ROCHESTER, MN, 55902
Website
www.thrivefrc.org/NTEE Category
Code: P33 - Human services
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