Thrive School Network

Nonprofit profile at a glance

EIN
814086748
IRS 990-EZ coverage
2020–2023
Forms available
Form 990 2018, Form 990-EZ 2023
Location
Houston, TX, USA
Phone
7132020549
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$13,548
Expenses
$27,467
Assets
$409,875
Liabilities
$95,038

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

10 people listed

People named in this filing

  • Mike Feinberg (Chairman)
  • Karol Musher (Director)
  • Barbara Hurwitz (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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To recruit, select, and train educators to become school leaders in their communities, thus preparing the next generation of leaders to help even more children achieve their dreams.

What it reported doing in 2023

The organization, doing business as the Hurwitz Fellowship, will recruit, select, and train the children from firstgeneration education reform schools, along with their peers,

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
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

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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 87.4%; rating input score 87

Transparency & Controls

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

Sustainability

  • Operating margin: -102.7%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 14.92; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 87.4%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -53.2% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -28% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: -0.9% per year; rating input score 0; 35th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 87.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $24K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2020 to 2023
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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 8/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.