Atlanta Thrive Parent Institute
EIN: 853141732 · Atlanta, GA · NTEE: B94
| Metric | Value |
|---|---|
| Total Revenue | $475K |
| Total Expenses | $727K |
| Net Assets | $1.2M |
Is Atlanta Thrive Parent Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Atlanta Thrive Parent Institute
Atlanta Thrive Parent Institute (EIN: 853141732) is a nonprofit organization based in Atlanta, GA, classified under NTEE code B94. The organization reported total revenue of $475K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlanta Thrive Parent Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atlanta Thrive Parent Institute is a small nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -64.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $568K |
| Total Expenses | $727K |
| Surplus / Deficit | $-158,987 |
| Total Assets | $1.4M |
| Total Liabilities | $201K |
| Net Assets | $1.2M |
| Operating Margin | -28.0% |
| Debt-to-Asset Ratio | 14.0% |
| Months of Reserves | 23.7 months |
Financial Health Grade: B
In 2023, Atlanta Thrive Parent Institute reported a deficit of $159K with expenses exceeding revenue, holds 23.7 months of operating reserves (strong position), has a debt-to-asset ratio of 14.0% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Atlanta Thrive Parent Institute's revenue has declined at a compound annual growth rate (CAGR) of -64.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.6% | +247.2% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Atlanta Thrive Parent Institute has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Atlanta Thrive Parent Institute with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $159K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.0%.
Frequently Asked Questions about Atlanta Thrive Parent Institute
Is Atlanta Thrive Parent Institute a legitimate charity?
Atlanta Thrive Parent Institute (EIN: 853141732) is a registered tax-exempt nonprofit based in Georgia. It has 2 years of IRS 990 filings on record. Total revenue: $475K. No red flags identified. Financial health grade: B.
How does Atlanta Thrive Parent Institute spend its money?
Atlanta Thrive Parent Institute reported $475K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Atlanta Thrive Parent Institute tax-deductible?
Atlanta Thrive Parent Institute is registered as a tax-exempt nonprofit (EIN: 853141732). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Atlanta Thrive Parent Institute located?
Atlanta Thrive Parent Institute is headquartered in Atlanta, Georgia and files with the IRS under EIN 853141732. It is classified under NTEE code B94.
How many years of IRS 990 filings does Atlanta Thrive Parent Institute have?
Atlanta Thrive Parent Institute has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $475K in total revenue.
Filing History
IRS 990 filing history for Atlanta Thrive Parent Institute showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Atlanta Thrive Parent Institute's revenue has declined by 64.6%, moving from $1.6M to $568K. Total assets increased by 0.6% over the same period, from $1.4M to $1.4M. Total functional expenses rose by 247.2%, from $209K to $727K. In its most recent filing year (2023), Atlanta Thrive Parent Institute reported a deficit of $159K, with expenses exceeding revenue. The organization holds $201K in liabilities against $1.4M in assets (debt-to-asset ratio: 14.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $568K | $727K | $1.4M | $201K | — | — |
| 2022 | $1.6M | $209K | $1.4M | $34K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atlanta Thrive Parent Institute:
Data Sources and Methodology
This transparency report for Atlanta Thrive Parent Institute is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.