Strive

Nonprofit profile at a glance

EIN
363728910
IRS 990-EZ coverage
2009–2017
Forms available
Form 990-EZ 2017
Location
Chicago, IL, USA
Phone
7732684910
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$164,421
Expenses
$125,123
Assets
$63,016
Liabilities
$2,284

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Angela Habr-Paranjape (Executive Director)
  • Lawrence Bloom (President)
  • Lisa Hodo (Vice President)

People named in this filing

  • Angela Habr-Paranjape (Executive Director)
  • Janak Paranjape (Program Director)
  • Lawrence Bloom (President)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Youth development for children with limited income on Chicago's South Side with focus on educational programming, including after school and summer programs. Primary focus on tutoring and mentoring children in grades 1-12. Programs also include STEM education, arts education, outdoor education, experiential learning, youth leadership development, and social emotional learning.

What it reported doing in 2017

Strive Plus program activities: Supplemental workshops and events held around the calendar year to support community of learning and participation. Activities included a field trips planned and executed by our Youth Leadership Council. Workshops included Theater Arts, STEM, Computer Coding and Fine Arts. A one-week Peace Camp held for 4 hours per day, for 20 direct service hours per child, with enrollment of 32 children and 7 daily volunteers. Peace Camp activities included daily Peace Circles, yoga, meditation, mindfulness training, writing, reading, silent activities, gardening, art, two community service field trips, and lunch was provided each day. Nature Excursions series for outdoor STEM education in the Cook County Forest Preserve, with day hike field trip attended by 48 children and 10 volunteers with lunch included and completion of Cook County Forest Preserve's weekend-long CLIC outdoor certification by Strive's staff.

Operating model

Revenue model
Donor-supported. 85% 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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 82
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69%; rating input score 69
  • Program expense ratio: 90.7%; rating input score 91

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 23.9%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 59.6%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 4.6% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: 9% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 20.5% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 69% of revenue deployed · 90.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $113K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2009 to 2017
  • Contacts: How to reach this organization
  • Money network: 2 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.

Key Signals

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

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.