Thrive-gulu Inc is a 501(c)(3) organization based in Marlborough, Massachusetts, registered in 2010, with $438,882 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$439K
▼ 0.1% vs prior year
Human Services median: $293K
Expenses (FY2024)
$407K
Net assets
$180K
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 Thrive-gulu 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 Thrive-gulu Inc: 5 mo reserves · +7% 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 Thrive-gulu 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 Thrive-gulu Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $215K (FY2013) to $439K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
7.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$189K
Total liabilities
$8,131
Net assets
$180K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $438,882▼0.1% | $406,529▲3.8% | $180,396▲21.9% | $188,527▲16.3% | 990 |
| 2023 | $439,339▲26.2% | $391,666▲48.6% | $148,043▲47.5% | $162,173▲39.6% | 990 |
| 2022 | $348,253▼42.7% | $263,514▼62.0% | $100,370▼41.8% | $116,165▼37.4% | 990 |
| 2021 | $608,288▲98.7% | $692,940▲109% | $172,484▼32.9% | $185,481▼35.2% | 990 |
| 2020 | $306,140▼43.8% | $331,796▼41.5% | $257,136▼9.1% | $286,228▼6.0% | 990 |
| 2019 | $544,559▲16.4% | $567,237▲25.7% | $282,792▼7.4% | $304,592▼0.6% | 990 |
| 2018 | $467,780▲22.8% | $451,202▲44.2% | $305,470▲5.7% | $306,298▲5.8% | 990 |
| 2017 | $380,873▲22.3% | $312,883▼5.2% | $288,892▲30.8% | $289,629▲30.5% | 990 |
| 2016 | $311,497▲9.0% | $329,876▲28.8% | $220,902▼7.7% | $221,945▼8.8% | 990 |
| 2015 | $285,794▲65.2% | $256,131▲29.6% | $239,281▲14.2% | $243,323▲14.8% | 990 |
| 2014 | $172,989▼19.6% | $197,679▲28.5% | $209,618▲4.4% | $211,949▲3.9% | 990 |
| 2013 | $215,239 | $153,888 | $200,700 | $204,064 | 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.
5 grants to Thrive-gulu Inc totaling $294K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $10,129 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $185,550 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $6,700 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $45,850 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $45,850 |
Explore more
Data for Thrive-gulu Inc (EIN 27-1891336) 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.