Sioux Falls Thrive Inc is a 501(c)(4) organization based in Sioux Falls, South Dakota, registered in 2017, with $710,032 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$710K
▲ 36.0% vs prior year
Human Services median: $293K
Expenses (FY2023)
$686K
Net assets
$378K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Sioux Falls Thrive Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Sioux Falls Thrive Inc: 7 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Sioux Falls Thrive Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Sioux Falls Thrive Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $676K (FY2020) to $710K (FY2023) across 4 reported years.
Financial snapshot
Operating margin
3.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$460K
Total liabilities
$82K
Net assets
$378K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $710,032▲36.0% | $685,563▲37.7% | $377,795▲6.9% | $459,533▼6.4% | 990 |
| 2022 | $522,080▲69.9% | $497,915▲44.6% | $353,326▲7.3% | $490,809▲47.2% | 990 |
| 2021 | $307,293▼54.5% | $344,431▼3.5% | $329,161▼10.1% | $333,445▼11.9% | 990 |
| 2020 | $675,511 | $357,080 | $366,299 | $378,397 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
9 grants to Sioux Falls Thrive Inc totaling $2.1M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Sioux Falls Area Community Foundation Inc | Mobile market support, community leadership & collaboration to help sioux falls children | 2024 | $454,610 |
| Sioux Falls Area Community Foundation Inc | Mobile food market, program support | 2023 | $258,577 |
| Sioux Falls Area Community Foundation Inc | General support, programs support | 2022 | $417,609 |
| Sioux Falls Area Community Foundation Inc | General support, kids link project, sioux falls thrive, program support | 2021 | $119,501 |
| Sioux Falls Area Community Foundation Inc | Kid link and general support | 2020 | $298,908 |
| Sioux Falls Area Community Foundation Inc | General support, kidlink program | 2019 | $146,347 |
| Sioux Falls Area Community Foundation Inc | General support, thrive collaboration initiatives | 2018 | $123,199 |
| Sioux Falls Area Community Foundation Inc | For general support | 2017 | $122,370 |
| Sioux Falls Area Community Foundation Inc | General support | 2016 | $116,712 |
Explore more
Data for Sioux Falls Thrive Inc (EIN 81-4491870) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.