Thrive Global Consulting Nfp

What it reported doing in 2024

Thrive global consulting (thrive) provided, several not-for-profit organizations free consulting and coaching services to help them succeed in achieving their objectives. Consulting includes both virtual and in-person contact between several times per year, depending on the needs of the local organization. Travel remained limited throughout the fiscal year for various reasons, but these services continued virtually. The services thrive provided included:- one-on-one wholistic leadership support focused on life-work balance, preventing burnout, and creating healthy work environments- strategic planning- grant writing services- training in core principles of effective work among vulnerable populations and how to incorporate them into diverse program models- leadership retreats- local networking, community-building, and collaboration opportunitiesin addition to these consulting services, thrive provided financial support to partnered projects: art for change social justice encounters for artistsart for change (afc) provides opportunities for artists to engage with marginalized people and the issues of social justice that affect them. In fy23 afc strengthened strategic relationships in the north of india. Ashish foundation for the differently abled (afda) wholistic intervention for people with autismashish center serves students with autism spectrum disorder (asd) in dwarka, new delhi. This year students took part in science, art math, reading, typing, and cooking classes alonside occupational and speech therapy sessions. Afda also continued to develop their staff and found ways to support parents through workshops and one-on-one meetings.truth centered transformation rural development in south and southeast asiacontinued to support trainers to teach basic community development skills to villages in numerous provinces. The trainings have been going smoothly.ignite 6:8 - serves the vulnerable and promotes justice. In the fiscal year ignite 6:8 continued to partner with local organizations to promote social justice and to provide trainings to individuals and organizations wanting to learn more about social justice issues and how to engage with the vulnerable in their communities.

Financial Efficiency

• Mission deployment rate: 86.8%; rating input score 87
• Program expense ratio: 92.3%; rating input score 92
• Fundraising efficiency: $66.22 raised per $1 spent on fundraising; rating input score 81; 81st percentile among comparable filings

Transparency & Controls

• Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: 2 of 8 controls in place; rating input score 25
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Pass
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 64%; rating input score 64; 45th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 60%; rating input score 60; 17th percentile among comparable filings
• Governance controls: 2 of 7 controls in place; rating input score 29
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 6%; rating input score 53; 53rd percentile among comparable filings
• Total-asset coverage ratio: 0.78; rating input score 34; 34th percentile among comparable filings
• Liabilities to assets ratio: 0.07; rating input score 30; 30th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: 4% per year; rating input score 100; 49th percentile among comparable filings
• Revenue growth: 6.1% per year; rating input score 100; 58th percentile among comparable filings
• Asset growth: 32.1% per year; rating input score 100; 92nd percentile among comparable filings