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Nonprofit · EIN 84-4724382

THRIVE ACADEMY ATLANTA INC

Tax-exempt (reinstated) · ATLANTA, GA 30318

Financials

$799K$550K2023$921K$627K2024
Revenue Expenses · by fiscal year end
Financials of THRIVE ACADEMY ATLANTA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$921,198$627,199$293,999$822,954$135,139$687,815
December 31, 2023990$799,210$550,222$248,988$393,816$0$393,816
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$921,198
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$98,250
Other salaries and wages
$229,972
Salaries, compensation and benefits (total)
$342,676
Professional fundraising fees
$0
Accounting fees
$9,147
Occupancy
$83,737
Travel
$37,427
Program services (functional)
$553,790
Management and general (functional)
$50,216
Fundraising (functional)
$16,838

Balance sheet and other

Total assets, start of year
$393,816
Total assets, end of year
$822,954
Total liabilities, end of year
$135,139
Net assets, end of year
$687,815
Land, buildings and equipment
$631,995
Net assets without donor restrictions
$687,815
Gross receipts
$921,198
Employees
0
Volunteers
10
Year formed
2020
State of legal domicile
GA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Stacy Hammond McEverPresident
Highest-paid employee
50$98,250
Larry CorkerBoard Chair
Trustee or director
1$0
Jeff UpshawBoard Member
Trustee or director
0$0
Robert ThrasherBoard Member
Trustee or director
0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Stacy Hammond McEverPresident
Highest-paid employee
50$78,666
Larry CorkerBoard Chair
Trustee or director
1$0
Jeff UpshawBoard Member
Trustee or director
0$0
Robert ThrasherBoard Member
Trustee or director
–$0

Address and contacts

Address (IRS master file)
543 WOODLAWN AVE NW, ATLANTA, GA 30318-8131
In care of
% HAMMOND MCEVER
Principal officer (990 for 2024)
Hammond McEver, 2182 Mack Drive, Atlanta, GA 30318
Signed the 990
Stacy Hammond McEver, President
Phone
(404) 422-0692

Mission

Thrive Academy is a private Christian school using education as a platform to reach, disciple, and empower students facing systemic injustice, childhood trauma, and poverty. With student housing, engaging curriculum, and intentional staff-student relationships, students at Thrive are becoming thriving Christian leaders through education and experiencing the heart of God.

990 for the year ended December 31, 2024

Program accomplishments

  • Educational Service Program Expenses - These expenses include the following Salaries and Wages - The Director is paid a salary and outside contractors are brought in each day to teach classes during the week. Rent/Utility/Occupancy - monthly rent paid for the use of the school property and utilities cost Food expense-Thrive Academy contracts with a food service that feeds the students breakfast and lunch Transportation - Thrive pays a contractor to pick up and take home students each day from school. Office Expenses office expenses include school supplies, computer and Coppier costs, and cleaning supplies. 27 Students were enrolled in the school this year. There was a mix of new and returning students 4 new students received Dystexia diagnosis and made remarkable progress in reading Thrive Academy follows the Georgia Education Requirements and the students received instruction in Math-English-Science-Social Studies -Physical Education and Bible Students participated in weekly trauma groups and progressed in their emotional wellness and health Thrive Academy had a baseball team for the first time this year and competed in a local FCA league which is also a non-profit.
    Expenses $398,508
  • Student Housing Rent, Utilities, Pay, FoodThrive Academy funded two separate student houses. Thrive Academy paid for rent and utilities for each house and contracted with a boys house leader and a girls house leader for the student housing. Each of these leaders ran their own unique program with the students and were not under the direct oversight of the Thrive director. Each house leader had at least four students in the student housing with them and the students showed remarkable spiritual and emotional progress and character development which was observable when the students came to school and participated in their classes. Students in the student housing showed increased social, emotional and academic development compared to their peers.
    Expenses $157,980

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-4724382
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B25)
Assets (IRS master file)
$822,954
Income (IRS master file)
$921,198

Revocation and reinstatement

Exemption revoked
May 15, 2023
Posted by the IRS
August 14, 2023
Reinstated
Effective May 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$921,198$627,199$822,954XML
990December 2023$799,210$550,222$393,816XML

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 84-4724382).

Questions about THRIVE ACADEMY ATLANTA INC

What is the EIN of THRIVE ACADEMY ATLANTA INC?
The employer identification number (EIN) of THRIVE ACADEMY ATLANTA INC is 84-4724382.
Is THRIVE ACADEMY ATLANTA INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
Are donations to THRIVE ACADEMY ATLANTA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THRIVE ACADEMY ATLANTA INC 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 ACADEMY ATLANTA INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THRIVE ACADEMY ATLANTA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THRIVE ACADEMY ATLANTA INC?
The 990 for the year ended December 31, 2024 names Hammond McEver.
Who are the officers and directors of THRIVE ACADEMY ATLANTA INC?
The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $98,250 (Stacy Hammond McEver, President).
How much revenue does THRIVE ACADEMY ATLANTA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $921,198, expenses of $627,199 and total assets of $822,954 at year end.

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