P — Human ServicesEIN: 042532990· Ruling Year: 1977

Thrive Support & Advocacy Inc

Marlborough, Massachusetts

B-Health Score
53B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.20×
Peer Median7.39×
💰
$7.5M
Total Revenue
📊
$7.7M
Total Expenses
🏦
$1.5M
Net Assets
📋
$1.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.7%
Year-over-year change (2022 → 2023)
Net Margin
-3.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.20
Net assets divided by total expenses
Liabilities-to-Assets
55.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$7,489,657↓2%$7,718,167↑9%$3,409,578↑36%
2022$7,616,769↑5%$7,087,140↑6%$2,498,211↑19%
2021$7,242,123↑28%$6,703,991↑12%$2,093,494↓5%
2020$5,667,233↑15%$6,009,644↑22%$2,203,341↑46%
2019$4,943,646↑8%$4,922,037↑7%$1,513,962↑1%
2018$4,576,769↑5%$4,586,017↑5%$1,497,393↑2%
2017$4,376,458↑4%$4,383,416↑6%$1,462,079↓2%
2016$4,210,521↑2%$4,139,589↑6%$1,492,540↑1%
2015$4,132,028↑24%$3,915,320↑18%$1,477,196↑19%
2014$3,339,868↑11%$3,331,253↑13%$1,245,335↑4%
2013$3,009,250↓2%$2,944,844↓2%$1,192,745↑10%
2012$3,073,434$3,012,813$1,083,925

Frequently Asked Questions

What does Thrive Support & Advocacy Inc do?▼

Thrive Support & Advocacy Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P82Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Thrive Support & Advocacy Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Thrive Support & Advocacy Inc has a score of 53/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Thrive Support & Advocacy Inc generate?▼

Thrive Support & Advocacy Inc reports $11.5M in annual revenue and holds $5.1M in total assets, based on IRS filings.

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