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Thrive Birth to Five Foundation

Also known as Thrive Birth to Five

Richmond, VA · EIN 93-4568218 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Thrive Birth to Five Foundation reported $11.6 million in revenue and $11.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $97.32 went to program services, $2.68 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.6% of the total. Government grants made up 28.2%. The highest compensation it reported for one person was $168,027 (CEO). 1 person received more than $100,000 in reportable compensation. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
97.3%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
2.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
99.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
28.2%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$168,027$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.46%1.28%
People paid over $100,000
Part VII, line 2
18
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.013.3
Independent voting board members
Part VI 1a–1b
24 of 24100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$2.3M expenses · 20.5% of program spending

Early childhood programs - tb5 convenes 500+ diverse public and private organizations to work collectively to ensure all children are ready to succeed in school, work, and life. Partners include childcare providers, school systems, state and local government, nonprofit and philanthropic organizations, and local businesses

$8.9M expenses · 79.5% of program spending · grants $8.6M

Public/ private childcare partnerships - tb5 administers mixed delivery programming, funding care and education slots for over 540 children under the age of 5 in the region. Tb5 also administers the city of richmond early childcare trust fund, an historic investment in early childhood care and education awarded by the city of richmond to expand the accessibility and affordability of care by funding slots for families in need

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Director/trustee, officer, 40.00 hrs/week
$149,800$0$18,227$168,027

1 people received more than $100,000 in reportable compensation from Thrive Birth to Five Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $150K (Part IX, line 5).

1 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$12M97.3%$1.9M$168,027

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b24 · 24 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 518

Private foundation grants it received

1 private foundation reported grants to Thrive Birth to Five Foundation totaling $37,200 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Thrive Birth to Five Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Thrive Birth to Five Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Virginia

Questions people ask

How much of Thrive Birth to Five Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Thrive Birth to Five Foundation reported that 97.3% of its $11.5 million in expenses went to program services, 2.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Thrive Birth to Five Foundation pay its top executive?

The largest total compensation Thrive Birth to Five Foundation reported for one person in the fiscal year ending June 30, 2025 was $168,027, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Thrive Birth to Five Foundation get its money?

Of $11.6 million in revenue in the fiscal year ending June 30, 2025, 99.6% came from contributions and grants (including 28.2% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Thrive Birth to Five Foundation a registered charity?

The IRS lists EIN 93-4568218 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202620369349300602 · read the filing · XML

All filings for EIN 93-4568218: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.