The Thriving Cities Group
EIN: 813605714 · Charlottesvle, VA · NTEE: V20
| Metric | Value |
|---|---|
| Total Revenue | $344K |
| Total Expenses | $807K |
| Net Assets | $326K |
Is The Thriving Cities Group Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Thriving Cities Group
The Thriving Cities Group (EIN: 813605714) is a nonprofit organization based in Charlottesvle, VA, classified under NTEE code V20. The organization reported total revenue of $344K and total assets of $245K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Thriving Cities Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Thriving Cities Group is a small nonprofit that has been operating for 8 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $689K |
| Total Expenses | $807K |
| Surplus / Deficit | $-117,786 |
| Total Assets | $326K |
| Total Liabilities | $153 |
| Net Assets | $326K |
| Operating Margin | -17.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4.9 months |
Financial Health Grade: B
In 2023, The Thriving Cities Group reported a deficit of $118K with expenses exceeding revenue, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), The Thriving Cities Group's revenue has declined at a compound annual growth rate (CAGR) of -6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.4% | +3.1% | -26.5% |
| 2022 | +16.5% | -10.5% | +60.1% |
| 2021 | +61.7% | -0.6% | -53.5% |
| 2020 | -69.0% | -39.6% | -30.7% |
| 2019 | -10.6% | -24.4% | +79.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Thriving Cities Group 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 The Thriving Cities Group 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 $118K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The Thriving Cities Group
Is The Thriving Cities Group a legitimate charity?
The Thriving Cities Group (EIN: 813605714) is a registered tax-exempt nonprofit based in Virginia. It has 7 years of IRS 990 filings on record. Total revenue: $344K. No red flags identified. Financial health grade: B.
How does The Thriving Cities Group spend its money?
The Thriving Cities Group reported $344K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Thriving Cities Group tax-deductible?
The Thriving Cities Group is registered as a tax-exempt nonprofit (EIN: 813605714). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Thriving Cities Group located?
The Thriving Cities Group is headquartered in Charlottesvle, Virginia and files with the IRS under EIN 813605714. It is classified under NTEE code V20.
How many years of IRS 990 filings does The Thriving Cities Group have?
The Thriving Cities Group has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $344K in total revenue.
Filing History
IRS 990 filing history for The Thriving Cities Group showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), The Thriving Cities Group's revenue has declined by 32.5%, moving from $1.0M to $689K. Total assets decreased by 16% over the same period, from $388K to $326K. Total functional expenses fell by 9.7%, from $894K to $807K. In its most recent filing year (2023), The Thriving Cities Group reported a deficit of $118K, with expenses exceeding revenue. The organization holds $153 in liabilities against $326K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $326K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $689K | $807K | $326K | $153 | — | — |
| 2022 | $1.1M | $783K | $444K | $75 | — | — |
| 2021 | $944K | $875K | $277K | $0 | — | View 990 |
| 2020 | $584K | $880K | $597K | $147K | — | View 990 |
| 2019 | $1.9M | $1.5M | $861K | $115K | — | View 990 |
| 2018 | $2.1M | $1.9M | $481K | $167K | — | View 990 |
| 2017 | $1.0M | $894K | $388K | $260K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $689K, expenses of $807K, and assets of $326K (revenue -37.4% year-over-year).
- 2022: Revenue of $1.1M, expenses of $783K, and assets of $444K (revenue +16.5% year-over-year).
- 2021: Revenue of $944K, expenses of $875K, and assets of $277K (revenue +61.7% year-over-year).
- 2020: Revenue of $584K, expenses of $880K, and assets of $597K (revenue -69.0% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.5M, and assets of $861K (revenue -10.6% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.9M, and assets of $481K (revenue +106.7% year-over-year).
- 2017: Revenue of $1.0M, expenses of $894K, and assets of $388K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Thriving Cities Group:
Data Sources and Methodology
This transparency report for The Thriving Cities Group 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.