2025-05-14T09:58:59-07:00 2024-06-30 721161458 DAIGREPONT & BRIAN A PROF ACCT CORP 910 S ACADIAN THRUWAY BATON ROUGE LA 70806 990 2023-07-01 275473721 Thrive Baton Rouge THRI 2257263355 2585 Brightside Drive Baton Rouge LA 70820 Matthew Valliere Director 2025-05-14 true true John M Goodwin CPA P02148628 2259273760 2023 2025-03-06 01:10:19Z 2585 Brightside Drive Baton Rouge LA 70820 966206 false X WWW.THRIVEBR.ORG X 2011 LA To provide fundraising and facilities support to Thrive. 5 5 0 0 86 0 920194 966206 0 0 920280 966206 0 0 0 0 0 1046398 1066984 1046398 1066984 -126118 -100778 10542561 10413569 10021401 9993187 521160 420382 To provide fundraising and facilities support to Thrive. false false 834978 THE ORGANIZATION SUPPORTS THE OPERATION OF PUBLIC, TUITION-FREE, BOARDING SCHOOL IN BATON ROUGE, LA FOR AT RISK STUDENTS IN GRADES 6 THROUGH 12 FROM THE STATE OF LOUISIANA. 834978 true false false false false false false false false false true false false false true true true false true false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 5 5 false true false false false false false true true false false true true true true true false false false false X V Graham 2254053487 2585 Brightside Dr Baton Rouge LA 70820 X Wendy Daniels President 1.00 0.00 X X 0 0 0 Steven LeBlanc Secretary 1.00 0.00 X X 0 0 0 Matthew Valliere Director 1.00 0.00 X 0 0 0 Valerie Blunt Treasurer 1.00 0.00 X X 0 0 0 Chloe Wiley Director 1.00 0.00 X 0 0 0 John Engquist Director 1.00 0.00 X 0 0 0 0 false false false 0 0 Rental Income 531120 966206 966206 966206 0 0 0 0 0 0 0 0 0 966206 966206 0 0 0 0 0 0 0 0 0 0 0 0 28500 21375 7125 0 0 0 0 0 0 0 0 0 0 0 0 343706 257780 85926 0 267196 213757 53439 0 Support Payments/Rent 234240 187392 46848 Contributions 186786 149429 37357 Miscellaneous 6556 5245 1311 0 1066984 834978 232006 0 418485 556688 0 0 0 0 0 0 0 0 11858156 2001275 10124076 9856881 0 0 0 0 0 10542561 10413569 134174 187693 9887227 9805494 10021401 9993187 X 521160 420382 521160 420382 10542561 10413569 -100778 X false true X false false X 214360 184529 10589 86 409564 0 0 214360 184529 10589 86 409564 0 409564 0 0 903645 892214 855000 920194 966206 4537259 4946823 0.08280 0.29170 X Prior Year Facts and Circumstances: Thrive Baton Rouge is a nonprofit organization exempt under IRC 501(c)(3), formed in 2011 to support Thrive Academy, a state-sponsored charter boarding school in Louisiana. While our public support percentage over the applicable five-year period is between 10% and 33 1/3%, we believe we qualify as a publicly supported organization under the 10% facts and circumstances test, based on the following considerations:1. Nature of Support: The majority of Thrive Baton Rouges revenue is rental income from real property leased to Thrive Academy. This arrangement directly furthers our exempt purpose of providing facilities to enable the Academy to operate and expand its educational services to underserved students. All rental terms are at or below fair market value to support the Academys mission.2. Program Services to the Public: Though our primary income source is from a single related organization, the services Thrive Academy providespublic, tuition-free boarding educationare directly beneficial to the general public, particularly underserved communities. Our facilities enable these programs to function and expand, amplifying public benefit.3. Public Accountability and Governance: Thrive Baton Rouge is governed by an independent board of directors, composed of professionals with backgrounds in education, law, finance, and community development. The board operates separately from Thrive Academy and provides oversight and strategic guidance aligned with our exempt mission.4. Fundraising and Outreach: We maintain a program to seek additional support from the public, private donors, and grantmaking foundations. While the majority of our revenue has historically come from our rental arrangement, we continue efforts to expand our donor base, including targeted campaigns, event-based fundraising, and grant applications.5. Operational Independence: Thrive Baton Rouge manages the development, maintenance, and leasing of real property used by Thrive Academy. We ensure the facilities meet regulatory and operational standards and provide long-term infrastructure critical to the Academys growth and sustainability. All financial decisions are made independently by our board, with separate financial controls and audits. In consideration of these facts, we respectfully request recognition as a publicly supported organization under the 10% facts and circumstances test. Thrive Baton Rouge plays an essential role in enabling Thrive Academys charitable mission and ultimately enhances educational opportunity for the public. 741200 741200 10420630 1304949 9115681 430213 430213 266113 266113 9856881 Due to TF 38000 Long term debt 9767493 Rounding 1 9805494 X 966206 966206 966206 1066984 1066984 1066984 Part X : FIN48 Footnote Thrive accounts for income taxes in accordance with FASB ASC 740-10, Accounting for Uncertainty in Income Taxes. Management believes it has no material uncertain tax positions and, accordingly has not recognized a liability for any unrecognized tax benefits.Thrive is a not-for-profit organization that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code.Thrive files information returns in the U.S. federal jurisdiction and in various other states. Thrive is not subject to U.S. federal income tax examinations by tax authorities beyond three years from the filing of those returns. true true true true true true true false false false false false false false false false false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race Form 990, Part VI, Section A, Line 3 THE ORGANIZATION DELEGATED MANAGEMENT DUTIES TO 4TH SECTOR SOLUTIONS, INC. Form 990, Part VI, Section B, Line 11b A COPY OF THE COMPLETED FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE BEING FILED WITH THE IRS. Form 990, Part VI, Section B, Line 12c EACH BOARD MEMBER HAS TO COMPLETE AND SIGN A CONFLICT OF INTERSET POLICY QUESTIONNAIRE EACH YEAR AND DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION HAS MADE ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THRIVE FOUNDATION 2585 Brightside Dr Baton Rouge LA 70820 464134463 Provide support for the Thrive BR School LA 501 (c)(3) Line 7 N/A false Thrive Academy 2585 Brightside Dr Baton Rouge LA 70820 The school provided support by Thrive BR LA N/A false false true false false false false false false false true true false false false false false false false false THRIVE FOUNDATION b 186786 Actual Cash THRIVE FOUNDATION k 234240 Actual Cash Thrive Academy j 966206 Actual Cash