Thrive Peninsula

Organization Overview

Thrive Peninsula is located in Newport News, VA. The organization was established in 1998. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2021, Thrive Peninsula employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thrive Peninsula is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Thrive Peninsula generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.4% each year . All expenses for the organization totaled $938.2k during the year ending 12/2021. While expenses have increased by 26.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE EMERGENCY FINANCIAL AND FOOD ASSISTANCE TO NEEDY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FINANCIAL ASSISTANCE PROGRAM: 1,131 PERSONS ASSISTED WITH DELINQUENT RENTS AND UTILITIES. PROVIDED HOUSEHOLD GOODS, SCHOOL SUPPLIES, AND OTHER ESSENTIALS. PROVIDED FINANCIAL COACHING SERVICES. PROVIDED CHRISTMAS ASSISTANCE TO BENEFIT 437 CHILDREN.


PANTRY PROGRAM: SCREENED AND SERVED 8,325 PEOPLE NEEDING EMERGENCY FOOD


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Board, Officers & Key Employees

Name (title)Compensation
Angela York
Executive Di
$53,677
Ken Bradley
Board Presid
$0
Allie Wittkamp
Board Treasu
$0
Barbara Harvey
Board 1st Vi
$0
Clarissa Mcadoo Cannion
Director
$0
Scott Rutter
Board Secret
$0

Financial Statements

Statement of Revenue
Federated campaigns$89,376
Membership dues$0
Fundraising events$116,775
Related organizations$0
Government grants $30,000
All other contributions, gifts, grants, and similar amounts not included above$859,706
Noncash contributions included in lines 1a–1f $375,264
Total Revenue from Contributions, Gifts, Grants & Similar$1,095,857
Total Program Service Revenue$0
Investment income $302
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$650
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,098,309

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Thrive Peninsula has recieved totaling $255,939.

Awarding OrganizationAmount
United Way Of The Virginia Peninsula

Yorktown, VA

PURPOSE: To partner with UWVP in reducing evictions

$189,097
Bernardine Franciscan Sisters Foundation Inc

Newport News, VA

PURPOSE: SEE STMT 16 SEC IV

$25,000
St Johns Church Charitable Tr

Hampton, VA

PURPOSE: To aid in providing food, emergency rent, and utility assistance.

$15,000
Langley For Families - The Foundation Of Lfcu

Newport News, VA

PURPOSE: CONTRIBUTED FUNDS TO LOCAL 501(C)(3) ORGANIZATIONS TO PROVIDE THE UNDERSTANDING OF FINANCIAL LITERACY IN THE COMMUNITY & CONTRIBUTED FUNDS TO ASSIST LOCAL 501(C)(3) HOUSING AND HUMAN SERVICE ORGANIZATIONS THAT PROVIDE FOOD, ASSIST WITH ELDERLY CARE AND MEALS, ADDRESS HOMELESS HOUSING INITIATIVES, PROVIDE ASSISTANCE TO VETERANS, PROVIDE ASSISTANCE AND SHELTER TO BATTERED WOMEN AND ABUSED WOMEN, AND PROVIDE AFTER SCHOOL PROGRAM FOR AT-RISK CHILDREN.

$12,100
American Endowment Foundation

Hudson, OH

PURPOSE: GENERAL OPERATING SUPPORT

$10,000
Miller Oil Foundation

Norfolk, VA

PURPOSE: COMMUNITY OUTREACH

$2,500
View Grant Recipient Profile

Peer Organizations

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Old Hickory, TN
$92,759,575
Some Inc
Washington, DC
$61,849,490
Crisis Assistance Ministry
Charlotte, NC
$12,946,602
Blessings In A Backpack Inc
Louisville, KY
$11,518,539
Urban Ministries Of Wake County Inc
Raleigh, NC
$11,747,038
Hca Hope Fund
Nashville, TN
$11,328,129
Mercy Chefs Inc
Portsmouth, VA
$10,305,611
Together Rising
Falls Church, VA
$7,574,993
Graceworks Ministries Inc
Franklin, TN
$9,107,244
Food For Others Inc
Fairfax, VA
$8,993,169
Loaves & Fishes - Friendship Trays Inc
Charlotte, NC
$11,460,660
Area Congregations In Ministry
Oxford, NC
$6,149,344

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