Thrive Ministry Inc
EIN: 824938678 · Stanton, KY · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $541K |
| Net Assets | $129K |
Is Thrive Ministry Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thrive Ministry Inc
Thrive Ministry Inc (EIN: 824938678) is a nonprofit organization based in Stanton, KY, classified under NTEE code X20. The organization reported total revenue of $541K and total assets of $264K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thrive Ministry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thrive Ministry Inc is a small nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2020–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -100.0% | -7.5% |
| 2022 | +12.2% | -1.7% | +86.9% |
| 2021 | +85.2% | +83.7% | +100.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thrive Ministry Inc 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 Thrive Ministry Inc 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:
Frequently Asked Questions about Thrive Ministry Inc
Is Thrive Ministry Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Thrive Ministry Inc (EIN: 824938678) insufficient data. 0 red flags identified, 0 strengths noted.
How does Thrive Ministry Inc spend its money?
Detailed spending breakdown data is not yet available for Thrive Ministry Inc. Check back for updated IRS 990 analysis.
Are donations to Thrive Ministry Inc tax-deductible?
Thrive Ministry Inc is registered as a tax-exempt nonprofit (EIN: 824938678). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Thrive Ministry Inc located?
Thrive Ministry Inc is headquartered in Stanton, Kentucky and files with the IRS under EIN 824938678. It is classified under NTEE code X20.
How many years of IRS 990 filings does Thrive Ministry Inc have?
Thrive Ministry Inc has 4 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 $541K in total revenue.
Filing History
IRS 990 filing history for Thrive Ministry Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Thrive Ministry Inc's revenue has declined by 100%, moving from $160K to $0. Total assets increased by 245.9% over the same period, from $37K to $129K. Total functional expenses fell by 100%, from $142K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $0 | $129K | $0 | — | — |
| 2022 | $333K | $257K | $140K | $10K | — | View 990 |
| 2021 | $297K | $261K | $75K | $8K | — | View 990 |
| 2020 | $160K | $142K | $37K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $0, and assets of $129K (revenue -100.0% year-over-year).
- 2022: Revenue of $333K, expenses of $257K, and assets of $140K (revenue +12.2% year-over-year).
- 2021: Revenue of $297K, expenses of $261K, and assets of $75K (revenue +85.2% year-over-year).
- 2020: Revenue of $160K, expenses of $142K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thrive Ministry Inc:
Data Sources and Methodology
This transparency report for Thrive Ministry Inc 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.