Overview
What is Thrive Global Project Inc?
Thrive Global Project Inc is a nonprofit organization situated in Charlotte, North Carolina. Their mission, named "Unzip Your Potential," aims to empower disadvantaged K-12 students through resource-filled backpacks and tailored school supply kits. These resources are intended to create equitable classroom experiences, including virtual classrooms, for students. Alongside the resources, a workshop component was added to support educators and parents through expert-led virtual workshops, providing guidance on utilizing the resources effectively. Thrive Global Project Inc believes that families are the backbone of communities, and education is the core that strengthens families, builds communities, and positively impacts lives. Their mission is centered around breaking the cycle of poverty for the next generation, starting with access to quality education, which can be as simple as providing school resources for inner-city kindergarten students to supplying necessities and backpacks to refugee students in war-torn countries like Iraq and Afghanistan. The organization is run by a team of two dedicated individuals.
Official website here: www.thriveglobalproject.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating
Thrive Global Project Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid 79% score primarily based on its Accountability & Finance metrics. This rating indicates that the organization maintains a responsible approach to financial management and governance, which is crucial for donor trust and effectiveness.
The organization demonstrates strong governance, with 100% of its board members being independent. It also shows commendable practices in areas such as conflict of interest and whistleblower policies, both of which contribute to ethical operation. Additionally, Thrive Global Project Inc has a program expense ratio of 68.20%, indicating that a significant portion of its resources is allocated towards its programs rather than administrative costs.
However, while the organization exhibits strong accountability practices, the overall rating is calculated from a single beacon score, suggesting that a more comprehensive evaluation could provide a better understanding of its overall impact. Prospective donors may want to consider this alongside other qualitative factors when assessing the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Thrive Global Project Inc legitimate?
Thrive Global Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thrive Global Project Inc 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: $62,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,999
For more financial information, click here
Official website here: www.thriveglobalproject.org/
What is the mission statement of Thrive Global Project Inc?
Thrive Global Project Inc's mission is centered around empowering disadvantaged students through educational resources. They believe that education strengthens families, builds communities, and positively impacts lives. The organization is committed to breaking the cycle of poverty for future generations, starting with providing quality education. This can be as straightforward as supplying school resources for children entering kindergarten in inner-city early childhood programs, or as significant as providing supplies and backpacks to refugee students in war-torn countries such as Iraq and Afghanistan.
Official website here: www.thriveglobalproject.org/
Who is the CEO of Thrive Global Project Inc?
Chris Hanne is the Executive Director of Thrive Global Project Inc.
Official website here: www.thriveglobalproject.org/
What is the revenue of Thrive Global Project Inc?
Thrive Global Project Inc's revenue in 2022 was $761,631.
Official website here: www.thriveglobalproject.org/
Who are the executives of Thrive Global Project Inc and what are their salaries?
The average compensation at Thrive Global Project Inc during 2022 was $56,000. There are 2 employees and 15 volunteers at Thrive Global Project Inc.
Here are 11 key members and their salaries:
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Official website here: www.thriveglobalproject.org/
Where can I find the form 990 for Thrive Global Project Inc?
Thrive Global Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thriveglobalproject.org/
Learn more at the official website: www.thriveglobalproject.org/
Mission Statement of Thrive Global Project Inc
Thrive Global Project, a nonprofit organization, is committed to empowering disadvantaged students by providing them with essential educational resources. Believing that families form the foundation of communities, this initiative recognizes the pivotal role of education in strengthening families and improving lives. Thrive Global Project's mission is centered around breaking the cycle of poverty for the upcoming generation. This mission is executed through various means, including equipping children starting kindergarten in inner-city early childhood programs with necessary school resources and supplying essential school supplies to refugee students from war-torn countries like Iraq and Afghanistan. By providing these resources, Thrive Global Project aims to create an equal learning environment, ultimately enabling these students to thrive in their educational journey.
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Impact
July, 2024
Thrive Global Project Inc's impact is centered on providing disadvantaged students with educational resources to empower them in the classroom, including the virtual classroom. By focusing on the essential role of families in communities and the transformative power of education, Thrive Global Project works to strengthen families, build stronger communities, and positively impact lives. Their flagship program, "Unzip Your Potential," equips low-income K-12 students with tailored school supply kits in resource-filled backpacks, ensuring equitable classroom experiences that empower students both academically and in life. Additionally, the organization provides expert-led virtual workshops to support educators and parents in effectively utilizing these resources, creating a holistic support system for both caregivers and children. Thrive Global Project's mission is rooted in the belief that breaking the cycle of poverty for the next generation begins with access to quality education, emphasizing the importance of providing essential school resources to disadvantaged children to empower them for a brighter future.
This information is meant to be a general summary of Thrive Global Project Inc. 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: $240
- Gross Receipts: $765,639
Assets and Liabilities:
- Total Assets: $461,034
- Total Liabilities: $0
- Net Assets: $461,034
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$240
Organization Details
Founding Year
2017
Phone
(864) 237-7536Principal Officer
Chris Hanne
Main Address
3124 BROOKMONT PLACE, CHARLOTTE, NC, 28210
Website
www.thriveglobalproject.org/NTEE Category
Code: T30 - Philanthropy
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