SC Thrive

Nonprofit profile at a glance

EIN
901011409
IRS 990 coverage
2014–2025
Forms available
Form 990 2025
Location
Columbia, SC, USA
Phone
8007268774
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Support N.E.C.

Official website

Reported finances

Revenue
$7,968,689
Expenses
$8,008,703
Assets
$9,398,074
Liabilities
$2,307,504

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • Allie Boykin (Interim CEO/CFO)
  • Tricia Richardson (CEO)

Highest reported compensation

  • Allie Boykin (Interim CEO/CFO): $194,530 total reported compensation
  • Tricia Richardson (CEO): $171,957 total reported compensation
  • Stephanie McGuire (Chief Training): $148,564 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization leads South Carolinians to stability by providing innovative and efficient access to quality of life resources.

What it reported doing in 2025

SC Thrive connects South Carolinians to the resources they need to thrive through its innovative platform, Thrive Hub. More than just a technology solution, Thrive Hub serves as a collaborative network that empowers nonprofits, healthcare providers, government agencies, and community organizations to connect individuals and families with critical quality-of-life resources. By leveraging this platform, SC Thrive and its partners help ensure that South Carolinians can access the support they need to improve their well-being and achieve greater stability.During 2025, SC Thrive assisted more than 92,000 South Carolinians, connecting them to essential resources and services that positively impacted their lives. Through these connections, SC Thrive helped bring approximately $350 million back into South Carolinas economy, strengthening communities and supporting economic growth across the state. The organization's impact extends to every county in South Carolina, demonstrating its commitment to improving lives and expanding access to opportunities for all South Carolinians.

Operating model

Revenue model
Donor-supported. 70% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 66
  • Accountability: 95
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.7%; rating input score 94
  • Program expense ratio: 92.3%; rating input score 92
  • Fundraising efficiency: $139.05 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.5%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 1.17; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 12.3%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: 6.5% per year; rating input score 100; 44th percentile among comparable filings
  • Revenue growth: 5.4% per year; rating input score 100; 41st percentile among comparable filings
  • Asset growth: 15.5% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 93.7% of revenue deployed · 92.3% of spending went to programs
  • Governance: 10 of 10 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $7.4M in reported program spending
  • Leadership: top reported pay $195K · 17 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.4M reported
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 12 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 24/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 27/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.