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Nonprofit · EIN 45-5619310

THRIVE SCHOLARS

Tax-exempt · LOS ANGELES, CA 90014

Financials

$21.3M$20.1M2022$18.5M$21.8M2023$17M$18.8M2024
Revenue Expenses · by fiscal year end
Financials of THRIVE SCHOLARS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$16,967,734$18,829,859-$1,862,125$6,093,967$1,932,632$4,161,335
August 31, 2024990$18,456,224$21,773,451-$3,317,227$8,721,527$2,703,175$6,018,352
August 31, 2023990$21,264,461$20,107,721$1,156,740$12,503,639$3,180,782$9,322,857
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$16,889,188
Program service revenue
$0
Investment income
$78,546
Other revenue
$0

Expenses

Grants and similar amounts paid
$4,189,601
Compensation of officers, directors and key employees
$1,219,518
Other salaries and wages
$8,097,510
Salaries, compensation and benefits (total)
$11,019,985
Professional fundraising fees
$0
Accounting fees
$201,212
Occupancy
$151,529
Travel
$284,111
Depreciation
$46,427
Program services (functional)
$14,741,380
Management and general (functional)
$1,724,156
Fundraising (functional)
$2,364,323

Balance sheet and other

Total assets, start of year
$8,721,527
Total assets, end of year
$6,093,967
Total liabilities, end of year
$1,932,632
Net assets, end of year
$4,161,335
Land, buildings and equipment
$68,335
Publicly traded securities
$889,747
Net assets without donor restrictions
$1,663,516
Net assets with donor restrictions
$2,497,819
Gross receipts
$16,967,734
Employees
279
Volunteers
350
Year formed
2014
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
STEVE STEINCHIEF EXECUTIVE OFFICER UNTIL 08/24
Officer
40$404,742$29,059
TYRA MONTINAPRESIDENT & COO UNTIL 12/24
Officer
40$325,145$72,683
AVA ARCHIBALDCHF. EQU. & INCL. OFFI. UNTIL 12/24
Officer
40$261,443$57,317
RAYNISE SMITHCHIEF PROGRAM OFFICER
Officer
40$206,000$52,483
AMANDA FOSTERCHIEF FINANCIAL OFFICER UNTIL 06/25
Officer
40$190,281$48,837
MARCIE PEREZMANAGING DIR. OF COMM. & CONTENT
Highest-paid employee
40$184,881$41,081
LISA LOVETTMANAGING DIR., CAREER PATHWAYS
Highest-paid employee
40$185,454$27,700
RACHANA VYASSENIOR DIR., LIFE SCIENCES
Highest-paid employee
40$181,537$28,942
CAVAR DEWAYNE REIDMANAGING DIR. OF HS & COLLEGE PRGM
Highest-paid employee
40$169,867$28,632
MARTHA SANCHEZMAJOR GIFTS OFFICER
Highest-paid employee
40$170,483$26,189
DREW MARTINCHIEF EXECUTIVE OFFICER
Officer
40$117,711$10,802
KYLE MEACHAMCHIEF OPERATING OFFICER AS OF 07/25
Officer
40$0$0
MARTIN JACOBSCHAIR
Trustee or director, Officer
3$0$0
CALLUM HENDERSONTREASURER
Trustee or director, Officer
3$0$0
RUSSELL STEINSECRETARY
Trustee or director, Officer
3$0$0
18 more people on this return
NameTitleHours / weekCompensation
PHILLIP AUBREYDIRECTOR
Trustee or director
2$0
BRIAN LENIHANDIRECTOR
Trustee or director
2$0
TIFFANIE BOYDDIRECTOR
Trustee or director
2$0
PAT KIRBYDIRECTOR
Trustee or director
2$0
SEAN LOGANDIRECTOR
Trustee or director
2$0
JESSICA PEREZDIRECTOR
Trustee or director
2$0
BRIAN BARONDIRECTOR
Trustee or director
2$0
MIRIAM DANIELDIRECTOR
Trustee or director
2$0
EVA DE LA ROSADIRECTOR
Trustee or director
2$0
VINCENT SHORTERDIRECTOR
Trustee or director
2$0
GREG WILLISDIRECTOR
Trustee or director
2$0
ALEJANDRO DELGADODIRECTOR AS OF 04/25
Trustee or director
2$0
AZUCENA FLORESDIRECTOR AS OF 04/25
Trustee or director
2$0
NEIL MALIKDIRECTOR AS OF 04/25
Trustee or director
2$0
CLARENCE WOOTENDIRECTOR AS OF 01/25
Trustee or director
2$0
VANESSA GONZALEZ-LOPEZDIRECTOR UNTIL 2024
Trustee or director
2$0
JOAN HERMANDIRECTOR UNTIL 02/25
Trustee or director
2$0
RICK HESSDIRECTOR UNTIL 02/25
Trustee or director
2$0
990 for the year ended August 31, 2024: 27 people
NameTitleHours / weekCompensationOther / benefits
STEVE STEINCHIEF EXECUTIVE OFFICER
Officer
40$422,859$20,046
ANA ARCHIBALDPRESIDENT AND CEO
Officer
40$318,353$9,047
TYRA MONTINACHIEF OPERATING OFFICER
Officer
40$255,401$26,732
AVA ARCHIBALDCHIEF EQUITY AND INCLUSION OFFICER
Officer
40$222,969$28,731
MARCIE PEREZMANAGING DIRECTOR OF COMMU
Highest-paid employee
40$185,420$14,720
MONIQUE PEREZMANAGING DIRECTOR OF CORPO
Highest-paid employee
40$172,455$21,957
TAL GILADFORMER CHIEF ADVANCEMENT OFFICER
Former
40$185,041$8,735
KERRY WATERSONMANAGING DIRECTOR OF REGIO
Highest-paid employee
40$174,569$11,145
BETHANY GOLDSZERDIRECTOR OF SITE GROWTH
Highest-paid employee
40$164,616$18,338
MARTHA SANCHEZMAJOR GIFTS OFFICER
Highest-paid employee
40$164,842$11,889
MARTIN JACOBSCHAIR
Trustee or director, Officer
3$0$0
CALLUM HENDERSONTREASURER
Trustee or director, Officer
3$0$0
RUSSELL STEINSECRETARY
Trustee or director, Officer
3$0$0
SEAN LOGANDIRECTOR
Trustee or director
2$0$0
BRIAN LENIHANDIRECTOR
Trustee or director
2$0$0
JIM LONDONDIRECTOR
Trustee or director
2$0$0
TRISHA LONDONDIRECTOR
Trustee or director
2$0$0
JESSICA PEREZDIRECTOR
Trustee or director
2$0$0
PAT KIRBYDIRECTOR
Trustee or director
2$0$0
EVELYN HOUDIRECTOR
Trustee or director
2$0$0
RICK HESSDIRECTOR
Trustee or director
2$0$0
JOAN HERMANDIRECTOR
Trustee or director
2$0$0
VANESSA GONZALEZ-LOPEZDIRECTOR
Trustee or director
2$0$0
TIFFANIE BOYDDIRECTOR
Trustee or director
2$0$0
RENITA SMITHDIRECTOR
Trustee or director
2$0$0
PHILLIP AUBREYDIRECTOR
Trustee or director
2$0$0
PEDRO GOMEZDIRECTOR (UNTIL 10/2023)
Trustee or director
2$0$0
990 for the year ended August 31, 2023: 27 people
NameTitleHours / weekCompensationOther / benefits
STEVE STEINCHIEF EXECUTIVE OFFICER
Officer
40$330,235$12,110
ANA ARCHIBALDCHIEF EQUITY AND INCLUSION OFFICER
Officer
40$236,502$6,995
TAL GILAD UNTIL JUNE 2023CHIEF ADVANCEMENT OFFICER
Officer
40$198,758$8,077
AVA ARCHIBALDCHIEF OPERATING OFFICER
Officer
40$188,486$13,103
BETHANY GOLDSZERDIRECTOR OF SITE GROWTH
Highest-paid employee
40$164,726$9,031
MARCIE PEREZMANAGING DIRECTOR OF COMMUNICATIONS AND CONTENT ST
Highest-paid employee
40$168,422$3,060
TYRA MONTINACHIEF OPERATING OFFICER
Officer
40$164,080$6,030
MARTHA SANCHEZMAJOR GIFTS OFFICER
Highest-paid employee
40$152,977$3,421
MONIQUE PEREZMANAGING DIRECTOR OF CORPORATE PARTNERSHIPS
Highest-paid employee
40$134,216$9,001
KERRY WATERSONMANAGING DIRECTOR OF REGIONS
Highest-paid employee
40$132,078$10,587
MARTIN JACOBSCHAIR
Trustee or director, Officer
3$0$0
CALLUM HENDERSONTREASURER
Trustee or director, Officer
3$0$0
RUSSELL STEINSECRETARY
Trustee or director, Officer
3$0$0
SEAN LOGANDIRECTOR
Trustee or director
2$0$0
BRIAN LENIHANDIRECTOR
Trustee or director
2$0$0
PEDRO GOMEZDIRECTOR
Trustee or director
2$0$0
JIM LONDONDIRECTOR
Trustee or director
2$0$0
TRISHA LONDONDIRECTOR
Trustee or director
2$0$0
JESSICA PEREZDIRECTOR
Trustee or director
2$0$0
PAT KIRBYDIRECTOR
Trustee or director
2$0$0
EVELYN HOUDIRECTOR
Trustee or director
2$0$0
RICK HESSDIRECTOR
Trustee or director
2$0$0
JOAN HERMANDIRECTOR
Trustee or director
2$0$0
VANESSA GONZALEZ-LOPEZDIRECTOR
Trustee or director
2$0$0
TIFFANIE BOYDDIRECTOR
Trustee or director
2$0$0
RENITA SMITHDIRECTOR
Trustee or director
2$0$0
PHILLIP AUBREYDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
606 S OLIVE ST STE 950, LOS ANGELES, CA 90014-1668
Principal officer (990 for 2024)
KYLE MEACHAM, 606 OLIVE STREET 2150, LOS ANGELES, CA 90014
Signed the 990
KYLE MEACHAM, COO
Phone
(617) 500-4449
Return prepared by
CLIFTONLARSONALLEN LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 45-5619310 or by the name THRIVE SCHOLARS.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

WE PROVIDE HIGH-ACHIEVING STUDENTS FROM UNDER-RESOURCED COMMUNITIES THE OPPORTUNITIES THEY NEED TO THRIVE AT TOP COLLEGES AND IN MEANINGFUL CAREERS.

990 for the year ended August 31, 2025

Program accomplishments

  • THRIVE SCHOLARS HAS ACHIEVED TREMENDOUS RESULTS IN SUPPORTING SCHOLARS TO ENROLL IN TOP COLLEGES, EARN GREAT GRADES, AND GRADUATE CAREER-READY. OUR RESULTS WITHIN THE LAST TWO YEARS SHOW THAT 89% OF THRIVE SCHOLARS ARE ATTENDING A TOP COLLEGE, 39% ARE GOING TO AN IVY LEAGUE+ SCHOOL (DEFINED AS THE IVY LEAGUE PLUS STANFORD, MIT, THE UNIVERSITY OF CHICAGO, AND DUKE), AND 99% GRADUATED FROM COLLEGE WITHIN SIX YEARS. OUR SCHOLARS HAVE AN AVERAGE GPA OF 3.5 UPON COLLEGE GRADUATION; 87% OF STEM SCHOLARS PERSISTED AND GRADUATED WITH A STEM DEGREE, AND OUR FIRST-YEAR COLLEGE SCHOLARS FINISHED THEIR FRESHMAN YEAR WITH AN AVERAGE GPA OF 3.4. OUR SCHOLARS ARE OUTPERFORMING THE GENERAL POPULATION AT TOP COLLEGES, NOT JUST SIMILAR HIGH-ACHIEVING, ECONOMICALLY DISADVANTAGED, FIRST GENERATION STUDENTS OF COLOR. THRIVE SCHOLARS ARE 10% MORE LIKELY TO GRADUATE FROM COLLEGE THAN STUDENTS AT THESE HIGHLY RANKED COLLEGES, THEY ARE ALSO 18% MORE LIKELY TO PURSUE A STEM MAJOR AND 55% MORE LIKELY TO PERSIST IN THAT STEM MAJOR THAN STUDENTS AT HIGHLY RANKED COLLEGES. OF OUR RECENTLY GRADUATED COHORTS, 77% OF SCHOLARS DID SO WITH A MEANINGFUL FIRST-DESTINATION CAREER PLACEMENT AND THOSE IN FULL-TIME SALARIED POSITIONS MAKE 1.9X THE INCOME OF THEIR FAMILY BACKGROUND (OVER $73,000). WE ATTRIBUTE THIS SUCCESS LARGELY TO OUR SIGNATURE SUMMER ACADEMY, A ROBUST 6-WEEK ACADEMIC PROGRAM DESIGNED TO DEMYSTIFY THE COLLEGE EXPERIENCE AND EXPOSE FIRST-GENERATION STUDENTS TO THE RIGORS OF COLLEGE, AS WELL AS OUR ONE-ON-ONE COLLEGE ADMISSIONS COUNSELING, COACHING THROUGH THE FIRST YEAR OF COLLEGE TRANSITION, AND INDUSTRY-SPECIFIC CAREER COACHING IN THEIR FINAL YEARS OF COLLEGE. SINCE ITS INCEPTION, RESULTS HAVE BEEN OVERWHELMING: OUR SCHOLARS' GPAS INCREASED FROM 2.9 TO 3.45 STEM PERSISTENCE ROSE FROM 20% TO 87%, AND 6-YEAR GRADUATION RATES INCREASED FROM 90% TO 99%.
    Expenses $14,741,380 · grants $4,189,601

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
45-5619310
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$6,093,967
Income (IRS master file)
$16,967,734

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$16,967,734$18,829,859$6,093,967XML
990August 2024$18,456,224$21,773,451$8,721,527IRS
990August 2023$21,264,461$20,107,721$12,503,639XML
990August 2022$11,903,031$16,548,408$11,146,876IRS
990August 2021–––IRS
990August 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-5619310).

Questions about THRIVE SCHOLARS

What is the EIN of THRIVE SCHOLARS?
The employer identification number (EIN) of THRIVE SCHOLARS is 45-5619310.
Is THRIVE SCHOLARS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to THRIVE SCHOLARS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THRIVE SCHOLARS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THRIVE SCHOLARS due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THRIVE SCHOLARS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of THRIVE SCHOLARS?
The 990 for the year ended August 31, 2025 names KYLE MEACHAM.
Who are the officers and directors of THRIVE SCHOLARS?
The 990 for the year ended August 31, 2025 lists 33 people; 11 received compensation from the organization, the highest $404,742 (STEVE STEIN, CHIEF EXECUTIVE OFFICER UNTIL 08/24).
How much revenue does THRIVE SCHOLARS have?
On its 990 for the year ended August 31, 2025 it reported revenue of $16,967,734, expenses of $18,829,859 and total assets of $6,093,967 at year end.

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