BEducationEIN: 473929831· Ruling Year: 2016

Thrive Ministries Inc

Oregon, Ohio

BHealth Score
62B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.35×
Peer Median20.77×
💰
$3.0M
Total Revenue
📊
$3.0M
Total Expenses
🏦
$1.1M
Net Assets
📋
$4.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.6%
Year-over-year change (2022 → 2023)
Net Margin
-1.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.35
Net assets divided by total expenses
Liabilities-to-Assets
81.2%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$2,959,8917%$3,014,13815%$5,620,022
2022$3,169,18734%$2,617,27623%$5,642,1158%
2021$2,361,0583%$2,133,56910%$5,208,9022%
2020$2,294,7752%$1,943,30115%$5,083,4586%
2019$2,336,5784%$2,274,6162%$4,815,7071%
2018$2,244,1848%$2,230,2895%$4,752,9404%
2017$2,080,6721%$2,116,352$4,937,3615%
2016$2,057,3931204%$2,114,6811212%$5,189,1672%
2015$157,719$161,167$5,286,610

Frequently Asked Questions

What does Thrive Ministries Inc do?

Thrive Ministries Inc is a education nonprofit organization based in Ohio. It is classified under NTEE code B24 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Thrive Ministries Inc financially healthy?

Based on our 9-metric Financial Health Score model, Thrive Ministries Inc has a score of 62/100 (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 Ministries Inc generate?

Thrive Ministries Inc reports $3.0M in annual revenue and holds $5.2M in total assets, based on IRS filings.

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