Set to Thrive

Nonprofit profile at a glance

EIN
871066891
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
San Ramon, CA, USA
Phone
9259841768
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Children's, Youth Services

Reported finances

Revenue
$173,365
Expenses
$187,008
Assets
$154,308
Liabilities
$9,556

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • LISA HENDERSON (PRESIDENT & CEO)

People named in this filing

  • LISA HENDERSON (PRESIDENT & CEO)
  • PHILIP HENDERSON (SECRETARY/TREASURER/CFO)
  • LORIE BURTON (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support foster youth and other in need persons by providing a custom thrive bag filled with new essential items (clothing, hygiene products, etc.) when those youth enter into the foster care system or transition within homes in the foster care system.

What it reported doing in 2024

Provide thrive bags to foster children via social workers at social service organizations and school districts who work directly with each child

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 41% for direct work, and 59% for grants.

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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 100
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.9%; rating input score 95
  • Program expense ratio: 88%; rating input score 88

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -7.9%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0.83; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 35.3% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 17.5% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 54.4% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 94.9% of revenue deployed · 88% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $165K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

Key Signals

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

  • High — Sustainability: Operating margin scored 18/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.